15m trend trade. stopped out after moved to b/e. momentum is weak, but it's still giving some pips.

Jankone M5 thread

i used to take trades like this too, but i'm improving. a simple comparison of this chart and jankone's charts on here, side by side, will tell you a lot about picking good setups. speaking from experience, once you see it and discipline enough to ...

Jankone M5 thread

i started saving charts after closing trades, and analyze them. they do tell me a lot of things i wasn't seeing before. a fraction of my losing trades were like this: meaning price actually went in favor for a significant amount RELATIVE to the ...

Jankone M5 thread

about 'pure ryanmcd' setups: i don't think it's a good setup. you have a flat mkt at the beginning, then go up some, then come back down some, and you get the pin in a retrace. there is no real trend as i see it. just my opinion.

Jankone M5 thread

15m trend trade. got out w/ 2 pips when the first reverse pin was form. i consider it a win

Jankone M5 thread

i think the rsi 80/20 is a good filter for better quality div. trades. thanks for sharing. it's also a good place to be reminded for how close/far the div. should be. ryan 'prefer less than 10 bar'. just things to think abt when making counter-trend ...

Jankone M5 thread

i was watching that pin too. there was news at the time, so i wasn't thinking abt taking it.

Jankone M5 thread

15m ct trade, stopped out below the pin. (that double bottom before bothered my mind, yet i chose to ignore my 'gut feeling'. con or pro, not sure)

Jankone M5 thread

looks good to me too. it happens, just don't over-analyze 'why'. if you take good setups consistently, the odds are in your favor long term

Jankone M5 thread

i guess you took the somewhat '2 bar pin' after the pin. breakeven is good. i keep it simple, no pin no trade

Jankone M5 thread

i see what you mean by strong news and hourly trend. you obviously have absorbed this system and added personal touches to it, seems working great for you. for me, i'm just sticking to the system's simplicity for now.

Jankone M5 thread

ct/div setup with round 90.50. stopped out above pin. hope ppl have better luck than this.

Jankone M5 thread

josh thanks and look forward to seeing the results next week. keeping accurate results like that for every trade is no small job. so i see your target levels are all fixed-R(not by technicals). yes i read J16 too. patience is definite one of the ...

Jankone M5 thread

jankone nice updates. i think it makes it easier and more complete for new ppl. just a few questions if you don't mind. do you use technical profit targets(round #, high/low, etc.) or fix 1%? do you move stop to BE, or just leave it intact? i have ...

Jankone M5 thread

not sure what kind of trade you took this as. looks like a good range trade to me, notice the established top and bottom. not A+ ct/div trade to me. just me.

Jankone M5 thread

i have been moving my stop to BE so far, but i never back tested or tried your approach. however there are some people with success using that approach, the pips may be different e.g. 15/20/etc. imo there's no better or worse, it's whatever works ...

Jankone M5 thread

mike, decided to add this to my experience on demo. the trade was triggered as plan, moved stop to below the bar broke, and went to bed. there was no visible profit target on the 1h chart, so i switched to daily and saw the closest ppz which is ...

james16 Chart Thread

thanks for the quick reply. let's see how this one play out(on the 1h timeframe).

james16 Chart Thread

mike, both you and j16 talked about something like this before when we have clear same/close highs in short time range, it may be good idea to consider trading the breakout(instead of wait for broke out, then trade re-test). is this a good chart for ...

james16 Chart Thread

this is tough. i was watching it too, but something didn't feel A+ to me(maybe it didn't touch the BB, or price div not good enough). i took the next one for +14. i have a feeling there are other ppl took it too.

Jankone M5 thread