Yeah that was a good spot...I missed it. I quite like trading IB's too on this method in situations like that a price is just winding up. Just checked USDCHF...that was a nice move, it's not a pair I follow on this method though.

Jankone M5 thread

Nice trade result...though technically that's an inside bar and not a pin. But hey, whatever works for you

Jankone M5 thread

Another go at UJ...a winner to end the day. Pin, divergence, PPZ area (from hourly chart)...obvious target, profit taken

Jankone M5 thread

2 trades on UJ today two losses -2%. When taking second trade I missed the GU trade which took off like a train.

Jankone M5 thread

I haven't had a chance to check out the alerter, but will do so over the next couple of days. I agree that this is not an automatic exact science (this method) as there are a lot of discretionary parts that can be applied, but I'm in discussions ...

Jankone M5 thread

Jankone - very nice trades - I'd be interested to know where you exited these - especially the first one.

Jankone M5 thread

Just to add my 0.02c to this point if I may... Everyone has their preference as to how they analyse a potential trade entry and what level of detail they go into and how pick they are. It's about what works for you, the more tools you use to analyse ...

Jankone M5 thread

UJ has retraced back to PPZ area...as can be seen on the daily chart On the 4 hour a nice pin bar has formed with hidden divergence...a no trade for me though as there is not far for it to run (50% fib and falling daily TL)

james16 Chart Thread

G/U Weekly outside bar — I missed the daily outside bar...but one has appeared on the weekly...at a PPZ area, double bottom, round number and hidden divergence. Entering on a break with stop below 1.600 (zoom into the daily to see this as a ...

james16 Chart Thread

Good New Year to you all. I have a thought about turning this method into an EA. Personally, I work during the day and thus on the whole trade only higher timeframes but have been looking for a good intraday 'system' to leave on and gain some pips ...

Jankone M5 thread

I wouldn't have taken this as no divergence (according to how I measure it) and also I don't like pins formed outside the outer bolinger band...what bollinger setting are you using by the way...we both use FXpro but out bands look different in ...

Jankone M5 thread

I use FXPro too...mine lines up as I use RSI High or low (in this case low) rather than close i.e. I compare the bar lows with the RSI lows rather than the close of both as I find it easier and more beneficial to use divergence of the extremes.

Jankone M5 thread

Thanks to Jankone for this thread...was doinbg some back testing but saw this and couldnt' resist - 1R locked in. Smallish pin but hidden divergence makes up for it.

Jankone M5 thread

Last trade until next week for me...not the best pin bar in terms of size relative to surrounding bars, but straddling the round number makes this good enough for a trade for me. Happy xmas all.

Jankone M5 thread

Ha, I should have phrased it differently. I was trying to get across a general point that a lot of people seem to be focussing on what is the optimum R:R...but this will change depending on market conditions, what pair etc. and it is a much better ...

Jankone M5 thread

Just took a loss on this one...was trying to play the sideways range..had supporting divergence too, target was a quick 1R at 1.4250...the previous pin bar worked out but this one didn't.

Jankone M5 thread

Missed this one...hidden divergence, nice pin...went to exactly where you'd expect it to go (look at the 15min chart for clearer picture - multiple bar highs)... In my opinion looking for 1R, 2R, 3R etc is not the right way to approach an exit ...

Jankone M5 thread

Another trade...been on a bit of a roll this week so far with this method! There was no divergence so strictly a no entry...but multiple bar highs acting as strong PPZ was enough for me to take this proxy pin.

Jankone M5 thread

Looking further ahead you also have fib confluence and a PPZ between 0.6900 - 0.6960

james16 Chart Thread

Nice charts... I played the NU trade...you can also notice that there is hidden divergence and and a falling TL...pretty strong confluence there. My stop was above purple PPZ (also the monthly pin bar low) and currently stop is just above round ...

james16 Chart Thread