i saw this yesterday when scanning the dailies, then i checked its weekly and it formed a double top with almost BEOB(or engulfing in candlestick). i skipped it. it's personal preference, but i skip daily trades if it goes against the weekly. just ...

james16 Chart Thread

yes, do what you are comfortable is key. i've seen some of these worked, and others didn't. in few select situations i can't resist to bend definitions too. the location was really A+ in this case. good trading.

james16 Chart Thread

i'm still learning. some of the trades i wouldn't take, but it's personal choice, by the charts they all made money and that's what counts. i'm curious though, why are you using 5 pip targets at the beginning? seem too small for good MM. what's your ...

Jankone M5 thread

there is no template i know of. takes just a min to set up, parameters are at the beginning of thread.

Jankone M5 thread

the single most important factor in trading is YOU(the trader). the charts, indicators, and brokers etc. are just tools. make the tools work for you. in this case the broker is causing you problems b/c of their lot size restriction, and that cause ...

james16 Chart Thread

it's not a pin BY DEFINITION. it gapped down at open, the open(and close) needs to be within the prior bar.

james16 Chart Thread

saw two trades this morning, 15m and 30m, in the euro session. same setups, but every chart is different. i hope people don't mind me posting these.

Jankone M5 thread

'First day'? nice to see one more person starting adventure with this method. i was observing it too, but it formed more a neutral bar on my chart. even if we got a pin, looks like it would be a b/e trade by the 2nd or 3rd bar(the way i would ...

Jankone M5 thread

wow, nice to hear you're observing the same thing. sometimes it'll take off after the 1st div is formed, but the impression just keep getting clearer that the 2nd div is a more reliable setup. i guess things like this come with chart time and ...

Jankone M5 thread

for a moment there, i felt this was the J16 thread i understand your points abt location and sup/res. i do two things, 1. PA at sup/res confluence at high timeframe 2. this method intraday. and i try not to mix them(even though this method uses PA ...

Jankone M5 thread

lossing trade today -9. i look at the chart now, still seems a good setup at the time. anything i missed?

Jankone M5 thread

vijay covered it well above. edit: i meant supreme covered it well above for me, i wouldn't trade against the div. second, you said it yourself, the pin is under midBB and 21ema(and too close to lowerBB). also CPI coming out in a few bars. seems not ...

Jankone M5 thread

no prob. i draw news times on my chart so i won't miss them.

Jankone M5 thread

i was just suggesting videos in general and in addition to books, nothing specific. but here are a few pointers: 1. J16 guest videos here 2. youtube: just search for technical analysis, price action, or candlestick etc. there are enough to keep you ...

Jankone M5 thread

it seem to early to confirm the range to me too. the current chart looks more contracting than ranging. the pin looks too small to me, but the divergence should help it a little. just my views.

Jankone M5 thread

15m range market, pin@BB, stopped out BE(demo). for trades like this, i think how you manage it makes the difference

Jankone M5 thread

no worry, i didn't get any impression you were criticizing anything. trying to get in at the beginning of the trend was one of my mistakes too. this is only your second week, too early to say what works for you or not. and you seem to have a plan ...

Jankone M5 thread

i see supreme recommended some books, books are good and i have my fair share with them. i suggest you also look into some videos, they give you the visual impact, and they make the charts come to live for you faster(especially when you are new). ...

Jankone M5 thread

nice trade. i see you are using fix profit target(2R), nothing wrong with it. by eyeballing your chart, upper BB is abt 4R or 5R away from your entry. wondering if you tried using technicals (sup/res, BB extremes, etc.) for profit targets before. ...

Jankone M5 thread

i see abt the joke now i have to say you are brave to trade the 1m chart(even on demo?). and you got out at almost the lowest point, good one, i'm guessing you were using the lower BB for exit? two things: 1. i remember when i studied ...

Jankone M5 thread