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mbqb11 replied Jun 7, 2007Hey Elijah, No I wouldn't have. One of the criteria I have for my pinbars is for them not to be in any sideways market. If I am visually looking at a chart and the bars to the left are sideways, I pass on the trade. Instead I observe a possible ...
james16 Chart Thread
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mbqb11 replied Jun 7, 2007Just as an added note, for something I observe personally. There are 3 major types of pins IMO. You have: 1. Pins that are countertrend, after large moves up or down, where one feels liek they are going against the longer term trend- such as the ...
james16 Chart Thread
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mbqb11 replied Jun 7, 2007Hey lstd, Quite often some of the best pins come off Countertrend trades, because a pinbar is a reversal bar. Of course they can come up as retracements to the trend etc. I like pinbars when they are at really nice swing highs/lows, with big noses, ...
james16 Chart Thread
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mbqb11 replied Jun 7, 2007This thread should be stickied. I remember seeing so many people reading this thread( a lot of names I didn't recognize), and was saying, man I hope these people don't read this stuff and trade it(with a real account). Threads like this pop up quite ...
magic is back!
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mbqb11 replied Jun 6, 2007hey akhan, Be careful here, that bar you have circle is a neutral bar. When the open and close are towards the center of the bar like that, it shows indecision in the market. Best, Mike
james16 Chart Thread
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mbqb11 replied Jun 4, 2007Once you learn the ropes on a demo, I think an account at oanda is great. Like billflet said no minimum, and their position granularity allows you to trade as low as 1 unit. so you can trade for less then pennies a point, but start to experience ...
starting to trade
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mbqb11 replied Jun 4, 2007Hey Steve, I can honestly say that the support you will recieve from James Dial and fiji, down to all the other members is bar none. You have a question it will be answered within hours if not minutes. If you have any questions, as for anyone else ...
james16 Chart Thread
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mbqb11 replied May 31, 2007trade i took today, simple breakout of this top resistance, pretty straight forward be careful tomm folks and have a good weekend
james16 Chart Thread
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mbqb11 replied May 30, 2007Hey Sid, When we say the pin bar broken, we mean the low(if we are shorting) or the high of the bar(if we are taking a long). So in the case of the post you are referring to we wait until price breaks the high of the pinbar to enter our trade(the ...
james16 Chart Thread
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mbqb11 replied May 30, 2007ya I agree, with the summer coming chop usually is the name of the game too Nice to see a pro adapting and coming out on top like usual, very cool Thanks and best of luck bud, Mike
Turbo's Journal
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mbqb11 replied May 29, 2007ur demo may have expired go to file-open an account - just resumbit your info
Metatrader has stopped running.
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mbqb11 replied May 25, 2007you can make a lot more then 50% a year with this stuff
Don't hope, just keep working hard and you WILL do great! Mike edit* especially if you cherry pick trades like this...james16 Chart Thread
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mbqb11 replied May 25, 2007I said that is the BEST buob. Not the only kind. Either way your bar looks more neutral to me, but as we both no this is no exact science. I play buob only when the close is higher and they have much greater success rate. Just think it's better for ...
james16 Chart Thread
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mbqb11 replied May 25, 2007going to have to respectfully disagree, you can trade a BUOB/BEOB the same as all the price bars, on the close, on the break, on the retrace also your close really isn't high enough(that is more of a neutral bar). You want the close to be higher ...
james16 Chart Thread
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mbqb11 replied May 25, 2007Hey Sid, Don't be discouraged. This is a huge thread, and you have just started on page 9. I would venture to guess almost all the questions you could ask have been answered in this thread more then once. So I highly recommend going through the ...
james16 Chart Thread