tom, it was good that you had a plan and you sticked to it AT THE STRATEGIC LEVEL. but i agree with supreme that this trade should not be less than BE. to me, i have rules and guidelines too, but every trade is situational. just two personal ...

Jankone M5 thread

i took the same trade too.

Jankone M5 thread

it has been long since i took two trades on the same day. exit +16.

Jankone M5 thread

yes midBB and 21ema seem to be together most of time, but not always. artov had some posts abt how either of these get you into trades, it's post #1174 on page 79. floor trader pivots can be beneficial, i used to have them on my charts when i trade ...

Jankone M5 thread

looks good to me too. 3 touches of div, pin is proxy pin, even 1.6450. not showing on your chart, but pin touching BB too.

Jankone M5 thread

the actual range is small(2 hrs, 15 pips), but both top and bottom are well established to me. so i decided to take a quick trade, got out +7.

Jankone M5 thread

ben, i'm not the most qualified person to talk abt PA(ppz/confluence/etc.) or ryan's here, but i suggest you be careful if you mix them like said above. ryan add PA to his method, but his method is not base on ppz/confluence/etc. his method is 1. ...

james16 Chart Thread

have you read ryan's recent posts regarding div? he said div that are close together(he prefers less than 10 bars), works better. just search for the original post on the J16 thread, there's charts on there too. makes sense to me. it's a ct/div ...

Jankone M5 thread

i go by the definition of pin so far. however i also take proxy pins. i personally enter after close of the signal bar so far, it makes more sense to me on the 5min. just me. everyone needs to find his/her own comfortable ways.

Jankone M5 thread

it went up a little more, then dropped like a stone. if i left my original stop in place, it would be a big winner. but that's irrelevant. what's important is that i followed discipline to get out when it went against. only that i didn't do it ...

Jankone M5 thread

que, the pin worked and it went to the first trouble area/TP(prior bar's low). depends on how you would manage the trade, you may or may not have partial/full position by this point. i don't think it's a good idea to look for entry now because of ...

james16 Chart Thread

exit -4. i should've moved stop to BE sooner when it went down to around 21ema/mid BB.

Jankone M5 thread

paris, i'm wondering do you take the trades only when all three indicators give you the signal at the same time? if yes, what has been your winning % given the entry criteria is so strict? thanks.

Jankone M5 thread

sorry for making the wrong guess. good to know you like the pin too. it's my favorite PA together with beob/buob. the term 'takuri' is new to me, but i have my fair share of studying candlesticks and i call it 'hammer'. and in different context, ...

Jankone M5 thread

we make educated forecast of the market base on price history(price to the left of the most recent bar). the next bar could go up, down, or sideways. and this is true for any moment in time. but until after the fact, we don't really know. we only ...

Jankone M5 thread

i use the green line too. i read jankone's posts multiple times and don't remember 'high to close'. can you point me to the specific post? thanks. (price is price, wick or body)

Jankone M5 thread

thanks scott. i understand your post and it helps. looking at it after that fact, my major problem on this was that i didn't see 985 as a trouble area. chart 1, i saw triple top, so 985(top2) was part of the resistance/ppz i was trading away from. ...

james16 Chart Thread

i took full bar loss(demo). i saw it as a triple top with div, some nice space before the first TP which is around 970 like yours. i managed it on the daily chart, there was no opportunity to move stop to BE. however after the bullish pin, i set TP ...

james16 Chart Thread

jig, some nice posts and charts. i especially like the 'ledge', sometimes you get a run and price just go flat and 21ema comes down to touch it -- not really a retrace, the ledge would filter out these. always keep eyes open.. maybe you can tell us ...

Jankone M5 thread

supreme, you definitely have a much bigger toolbox than mine head fake(no idea what) etc... i know WTB, but didn't use it like this. looking at your chart, i can see why you would want to short it. but what i don't get is that why short it after A ...

Jankone M5 thread