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mbqb11 replied Sep 7, 2016Hey James Yes it did work out real well. In a case like that it really needs to break HARD. But I have found those types of bars tricky in the long run. In trading the funny thing is that anything can work some of the time. The biggest key is what ...
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mbqb11 replied Sep 6, 2016Hey James I'm never really a fan when you have a pinbar that sits down low on the previous area. Meaning notice how the left eye is so far up towards the nose of the pinbar. That can often just lead to price filling back up through that wick. A lot ...
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mbqb11 replied Sep 2, 2016Hey F Your drawdown should have been very limited on this one. Although i didn't enter the beob since I was already short, if I did take this trade your entry would be on the open sunday or a slight pullback to the TL. Again we always want to enter ...
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mbqb11 replied Sep 1, 2016Hey Os How are you
No I don't do that. I don't really watch other instruments like that to time the market. I'll watch for example the SP500 and Dow together, or yen pairs together(sometimes). But in general I always do better when I isolate my ...james16 Chart Thread
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mbqb11 replied Sep 1, 2016Very well could Fred, price has been VERY whippy so it wouldn't surprise me and I agree with you that my bias is down too. But once again it could be hard to hold with NFP. If it doesn't start to move prior to that with spreads widening we could see ...
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mbqb11 replied Sep 1, 2016beauty James, you gotta be real patient in this markets Hopefully september breaks us out with some better volatility(notoriously the case but we need it
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mbqb11 replied Aug 31, 2016Hey RB THat's a tricky one. It's sitting right on previous resistance now and could be just trading into it turning back to support. That's what makes some of these areas very tricky to play. That's what my blog post referred too. I find areas like ...
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mbqb11 replied Aug 30, 2016i've created a new blog post for you all. I am trying to do at least one of these a week. I hope these do help url
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mbqb11 replied Aug 30, 2016i've gone ahead and locked in profit on that daily beob now. Notice price pulled back to the daily TL, that's my 'line in the sand'. So had you sold the beob you should sell around there / use that area for trade mgmt in my opinion. Again although ...
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mbqb11 replied Aug 28, 2016Hey Fascist I used the divergence at that area and pinpointed my entry on a lower timeframe but was going to "touch" the area either way. Here was my post from the PF Hope it helps Mike
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mbqb11 replied Aug 28, 2016Hey Maklla I'm still holding my shorts because of that beob. I'm going to see if the beob wants to push us lower here. So trading it but not outright or adding Best Mike
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mbqb11 replied Aug 27, 2016Hey HS Good to see you I am a firm believer in the 5pm est NY close. It is in my opinion really the official close, when rollover happens etc. Oanda offers a 5pm close. Although for the longest time they did not(as well as not offer mt4). You can ...
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mbqb11 replied Aug 26, 2016caught a beauty on the nzd/usd massive daily divergence, sold the touch, Can we get a big ole daily beob now? Markets continue to not want to break out but you never know image image
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mbqb11 replied Aug 26, 2016members seriously rave about Kevin, for those of you new to options check out some of his free stuff on the youtube channel Thanks kev!
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mbqb11 replied Aug 25, 2016I did a quick video tutorial on PPZ Price Pivot Zones, and utilizing these flips of support and resistance with Price action on this same chart for you guys Quick and short video to get any of you who are new started using them Enjoy Mike video ...
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mbqb11 replied Aug 25, 2016nice pivot worth watching enjoy the end of the week!
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mbqb11 replied Aug 25, 2016yes I had been watching this one close, good to be on the right side with these markets Let's see what the crazy fed has to say tomorrow lol Mike
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mbqb11 replied Aug 23, 2016Hey Chap Since we closed just above it I didn't want to nit pick too much. We were close enough especially with the spread(buying at the ask price). Yes it would have been better to catch a better entry but I don't always nit pick exact if I feel ...
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mbqb11 replied Aug 23, 2016caught a big one on this one, but like so many pairs it overshot the support more than I'd hope I used an 8hr buob as my entry, i think the prime minister got arrested that sparked it off nice I think we have much more upside into 14.5 too but with ...
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mbqb11 replied Aug 23, 2016Hey Dario I always see fluctuations but I find this year to be incredibly difficult. I'm only about halfway of where i'd usually expect/hope to be at this time. This is an incridbly tough year to trade the markets in my opinion. So I think you have ...
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