- Search Energy EXCH
-
mbqb11 replied Aug 6, 2013Great answer Rudolfo thanks! For me because of the size and no tail on the nose I would call it just really a neutral nothing bar just as you said Kaka_ht look for nice big pinbars with big long noses. Here is an example the good ones will JUMP out ...
james16 Chart Thread
-
mbqb11 replied Aug 5, 2013Hey Rudolfo Yes lots of brokers treat that sunday data different. I prefer it being the start of the new week as the close of friday is important as you can see Best Mike
james16 Chart Thread
-
mbqb11 replied Aug 5, 2013here was a gap trade I took yesterday a bit after the open Price gapped into a very strong s/r area , going to be hard to bust that on a monday in my book Closed now
james16 Chart Thread
-
mbqb11 replied Aug 5, 2013Yep exactly Still multi bar highs/lows you want some confluence too to really bring out the strength of them. I tend to like 4 or 5 or more bar highs/lows in a row. Orders build up on the other side(stop losses, buy stops etc) and this creates a ...
james16 Chart Thread
-
mbqb11 replied Aug 5, 2013Hey B Yes that's what I thought you meant, so my answer above still applies here. Look for multi bar highs/lows that create swing points As for the BUOB, that buob is at a swing high remember to look for them at swing lows when starting out as well ...
james16 Chart Thread
-
mbqb11 replied Aug 5, 2013Hey B I am not sure what you are speaking about here. Do you mean the multi bar high? If so I see a three bar high, but price did not ever move away from this area giving price no chance to build up orderflow I always look for multi bar highs/lows ...
james16 Chart Thread
-
mbqb11 replied Aug 5, 2013yep I agree al, this is fighting a lot of strong bears here as well as a BRN just above it's much safer in my view to wait for a break of the TL and BRN and watch for PA in that region for any longs
james16 Chart Thread
-
mbqb11 replied Aug 1, 2013awesome alye! When you start taking down your trades serious and analyzing them(I used to do this ALL the time). You can get a TON of interesting data. It's more helpful as you grow as a trader which in my book never stops Keep us posted and thanks ...
james16 Chart Thread
-
mbqb11 replied Aug 1, 2013thanks Hunzul Glad you are enjoying it , there is a lot of stuff lol !
james16 Chart Thread
-
mbqb11 replied Aug 1, 2013Hey Alyehoud Glad to hear about your progress! Way to go I think ultimately their are too many factors to decide as a whole which is more profitable. Depends on the method being used and even withing PA you will see so many differences in the ...
james16 Chart Thread
-
mbqb11 replied Aug 1, 2013congrats on your first live profitable trade. That's exciting and I love how you followed post 1. Great example for all the new traders stumbling in here keep it up Mike
james16 Chart Thread
-
mbqb11 replied Jul 31, 2013Hey Pip For me since price already reached to top of that wedge I think it makes more sense to view it as a Box and watch that current resistance for clue about what price wants to do next. That's where I will be watching Best Mike
james16 Chart Thread
-
mbqb11 replied Jul 31, 2013Hey Str8 Yes technically speaking it's all price so it doesn't matter. I often don't go blending too many bars as it can begin to make you see a lot more trades then I need too. I tend to blend mostly 2 bar type patterns. But I'll do some blending ...
james16 Chart Thread
-
mbqb11 replied Jul 31, 2013Hey Martin Yep I took it because of the gap, was my plan the whole time. Projection is valid too and your risk would be small to nothing at this point so nothing wrong with that. Just a nice healthy % gain for me at a logical area we may see a ...
james16 Chart Thread
-
mbqb11 replied Jul 31, 2013good to see the markets moving again take profit hit patience is the name of the game
james16 Chart Thread
-
mbqb11 replied Jul 30, 2013sure dude I took the aud/jpy breakout Here were my charts from the PF at breakeven now
james16 Chart Thread
-
mbqb11 replied Jul 30, 2013Hey Dennis Yep this makes sense. Although i think perhaps sticking to the weekly buob as an entry would have made sense too. I have actually pulled that order but it's still valid Here was that chart to add some dimension to yours url Best Mike
james16 Chart Thread
-
mbqb11 replied Jul 30, 2013Hey L For me this is a bar that I wouldn't even think twice about personally. It's a very small bar with a small nose and weak close. Those are all signs that the market isn't convincing. I am VERY picky with my bars and it makes it easier for me to ...
james16 Chart Thread