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mbqb11 replied Apr 17, 2014Hey DDa It really does vary, his year I am averaging about 5 trades a month. But april i've taken 1 trade only I believe. So as you can see you just gotta roll with what the market gives you. If that means 20 trades one month and zero the next i'm ...
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mbqb11 replied Apr 17, 2014glad you found it helpful D
Thanks for the nice words, it's just time spent is all Mikejames16 Chart Thread
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mbqb11 replied Apr 17, 2014it's a great area to watch cesar. I like the daily picture blending with the weekly. Just wait for nice PA though. Could come or price could continue higher. I'm watching for STRONG reversal signs only
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mbqb11 replied Apr 17, 2014nice job Z, looks like you caught a nice one there
Mikejames16 Chart Thread
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mbqb11 replied Apr 17, 2014Hey guys will catch up on your questions today I received an email this morning form a Viktoras but the email keeps bouncing when I respond. Vik if you see this can you email me again Thanks Mike
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mbqb11 replied Apr 16, 2014Hey Half and Almost I figured I would sort of answer you both together as well as upload a recent webinar of mine too. Well all kinds of setups happen and then you have periods when certain types don't. For example when price ranges as heavily as it ...
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mbqb11 replied Apr 15, 2014Hey Half For me this is just a small bar thats in a very sideways market. Notice price didn't make a nice swing point so that puts us right into traffic and trading it would be trading right into the last point of selling. Bit lackluster for me ...
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mbqb11 replied Apr 14, 2014waiting for some volatility but keeping an eye on a few pairs that are showing loss of momentum or squeezing. We just need some decent movement

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mbqb11 replied Apr 14, 2014you can try the think or swim platform for weekly charts(data I believe is delayed but that's ok for demoing I go through 3000 stocks a week and their are always weeks(like this one) that none appear too Mike
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mbqb11 replied Apr 14, 2014Hey D Yep I avoid heavily gapped equities. Also trading them on the weekly helps smooth out a lot of the movement as well. So I trade equities exclusively on the weekly at this point and avoid ones with huge gaps. The chart should really just look ...
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mbqb11 replied Apr 14, 2014FX been very quiet for me this month so not a whole lot to share there Here was my trade from last week. I took a quick play on it short and closed at FTA. Small .6% profit but they do add up when nothing else is going on! Mike
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mbqb11 replied Apr 14, 2014Hey N Not quite as really with a wick play I like price NOT to close as a pinbar. So price to close just above the previous bars high. But when you have a weak pinbar just as you identified it's often the case the wick fills as well too. So it's ...
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mbqb11 replied Apr 13, 2014great great great Albus Good advanced understanding of what is going on here Well done again Mike
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mbqb11 replied Apr 13, 2014Hey Zaho My thoughts are this bar is not all that substantial in size and we lack any confluence. Also one thing I don't like with PB is notice how to the left of price we have those bar highs and that "box" of price. This has the pinbar sitting ...
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mbqb11 replied Apr 13, 2014Hey TM Albus gave you the exact response I would. Price is in VERY tight consolidation. Which means we are in traffic(have you seen my video on traffic vs space?). This means that any point price can reverse because we are so sideways. I like to ...
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mbqb11 replied Apr 13, 2014Hey Tocha This is what we call a neutral bar. Notice the open and close are near the middle of the bar with about equal "wicks". Meaning price went up, went down but at the end ended up about where we started. This shows indecision in the market ...
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mbqb11 replied Apr 13, 2014I love this. Small and slow, that's EXACTLY what everyone should be doing. I've built my risk up over the years in the exact same way. Its helped me greatly in shaping my method Keep it up M Mike
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mbqb11 replied Apr 13, 2014sorry guys been hit hard with the flu
just catching up now Yes it is an absolute must to be able to recognize and react to a consolidating market. Either know you are in one and when trading it trade it APPROPRIATELY, or know when to ...james16 Chart Thread