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James16+Rayanmcd(Jan kone) and ME 7 replies

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Jankone M5 thread

  • #1,581
  • Oct 19, 2009 3:09am Oct 19, 2009 3:09am
Ahoj Jankone, díky!!
Where in the Czech Republic are you? I go there quite a bit, in fact I’m driving next week – it’s a nice country.

Thanks to all the contributors here, especially Jankone and the inspiration behind it all - Ryanmcd – interesting thread! I’m sure I will have a few questions to ask but first of all I have some more reading to do….

In the meantime, is this a valid trade on EUR/USD?

 Many thanks, Headless
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  • #1,582
  • Oct 19, 2009 7:10am Oct 19, 2009 7:10am
Quoting Headless
Ahoj Jankone, díky!!
Where in the Czech Republic are you? I go there quite a bit, in fact I’m driving next week – it’s a nice country.

Thanks to all the contributors here, especially Jankone and the inspiration behind it all - Ryanmcd – interesting thread! I’m sure I will have a few questions to ask but first of all I have some more reading to do….

In the meantime, is this a valid trade on EUR/USD?...
pin bar at swing high with divergence. sweet trade mate.
  • #1,583
  • Oct 19, 2009 7:29am Oct 19, 2009 7:29am
Lets see if she goes where we want...

Tom
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  • #1,584
  • Oct 19, 2009 8:01am Oct 19, 2009 8:01am
Quoting fat_tom
Lets see if she goes where we want...

Tom
And she did

Tom
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  • #1,585
  • Oct 19, 2009 8:10am Oct 19, 2009 8:10am
Quoting supremeChaos
nice pro-trend trade.

if u are not sure then u better quit now...
....

.....
what i mean to say is, BELIEVE in YOURSELF.
say to yourself, WHY NOT?
we all just need practice, consistency, & more chart time.
believe you can as nothing is impossible.
thanks for the reply sc.

i am confident in trading the setup i.e pins with trend and pins counter trend with div. however i am still testing whether i would like to move stop to b/e and take half of the table at first trouble area for trend trades or just to take full profit.
  • #1,586
  • Oct 19, 2009 8:23am Oct 19, 2009 8:23am
Quoting Icehocey77
Well I guess the hard drive just gave out...it was 5 years old, so I guess it was on borrowed time.
...
So I ended up having to buy a new computer with all my forex winnings
you have the h1n1? it's been going around here like crazy. Washing my hands 4-5 times a day. get well soon!
lol, no i dont have the H1N1 flu virus. is it acquired thru too much chart time?

Congrats on your new PC. seems like u had a good excuse to buy this new one.
  • #1,587
  • Oct 19, 2009 8:29am Oct 19, 2009 8:29am
Quoting faizal82
thanks for the reply sc.
i am confident in trading the setup i.e pins with trend and pins counter trend with div. however i am still testing whether i would like to move stop to b/e and take half of the table at first trouble area for trend trades or just to take full profit.
Sure, i bet u are.

anyway, that is the beauty of trading. u can test different strategies.. trading should suit you & your preferences. it's all about no one else but YOU.
  • #1,588
  • Oct 19, 2009 1:00pm Oct 19, 2009 1:00pm
Ahoj :-)

im in the east of czech republic.
It's nice in here, but I miss the sea
I love south - you know, greece, italy...

your trade was good

Quoting Headless
Ahoj Jankone, díky!!
Where in the Czech Republic are you? I go there quite a bit, in fact I’m driving next week – it’s a nice country....
  • #1,589
  • Oct 19, 2009 3:28pm Oct 19, 2009 3:28pm
Quoting supremeChaos
i think u missed my point.
i'm trying to compare the div.lines plotted on price & RSI in that chart. do check it again. it's clearly incorrectly plotted... it's just a minor error, that's all i'm saying. u either adjust the plotted div.line on price or RSI to get it plotted correctly.

here, u are referring to an RSI div.line which u did not plot on that chart, which at the same time is precisely the one i'm referring to the above & my previous post. if u plot this, then this is/should've been [u]the correct RSI div.line for the div.line...
supreme, i see your point, i guess i wasn't making myself clear the first time. you're correct price made lower low, and rsi made lower low too.

i was trying to say and refer to my posts in J16 for one point:
even though rsi made a technical lower low(by a tiny bit), it didn't show a 'strong lower low' like what the price did clearly. and hence to me, there was div nature(out of sync) btw. price and rsi.

you're correct the div line on rsi was plotted incorrectly if i follow the exact definition of div. but seems i was 'bending' the definition this time, i wanted to plot it to show the div the way as i saw it.

sorry to create any confusion to anyone. if anyone make a request, i'll delete the post.
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  • #1,590
  • Oct 20, 2009 2:07am Oct 20, 2009 2:07am
Good work guys. I like this method and I've decided to add this to my arsenal

Here is one of the trades I took today during Asian session.
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Vouch me and I vouch you back !
  • #1,591
  • Oct 20, 2009 2:46am Oct 20, 2009 2:46am
Quoting The_One
Good work guys. I like this method and I've decided to add this to my arsenal

Here is one of the trades I took today during Asian session.

Morning The_One
what was your trade and why did you take it?
  • #1,592
  • Oct 20, 2009 2:52am Oct 20, 2009 2:52am
Quoting pipsulike
Morning The_One
what was your trade and why did you take it?

It was the short after the Pin Bar. Good for 25 Pips.
As I posted in my chart that PB failed to go above Daily Pivot which was also a prior Support/Resistance area. Also from my backtesting I found that price can bounce off Middle of BB while in a trend.

Whats your take on it?
Vouch me and I vouch you back !
  • #1,593
  • Oct 20, 2009 2:55am Oct 20, 2009 2:55am
Quoting The_One
It was the short after the Pin Bar. Good for 25 Pips.
As I posted in my chart that PB failed to go above Daily Pivot which was also a prior Support/Resistance area. Also from my backtesting I found that price can bounce off Middle of BB while in a trend.

Whats your take on it?
bounced off the middle of the BB, with the trend, GREAT TRADE!!!!!!
  • #1,594
  • Oct 20, 2009 3:05am Oct 20, 2009 3:05am
Quoting pipsulike
bounced off the middle of the BB, with the trend, GREAT TRADE!!!!!!

Glad we are on the same page
Vouch me and I vouch you back !
  • #1,595
  • Oct 20, 2009 3:27am Oct 20, 2009 3:27am
Funny to see that there is no live trading room for this thread. I've created a free one on http://express.paltalk.com/index.html?gid=1310123979

Paltalk has nice GUI and doesn't require you to download any software.

I hope to see you all there.
Vouch me and I vouch you back !
  • #1,596
  • Oct 20, 2009 3:56am Oct 20, 2009 3:56am
Quoting The_One
Funny to see that there is no live trading room for this thread. I've created a free one....
I hope to see you all there.
FUNNY???
Honestly, i dont see anything funny about not having a chat room.
if it's funny why are u adding this method to your so-called trading arsenal?
what is the need for the chat room in the first place???!hopefully u dont have plans to sell newbies something

like the james16 method, Ryanmcd's method is very easy, it just needs practice (which is learning-curve dependent). i dont see no reason to have a chat room.
12 - 16 year olds have been trading using the james16 method even without the help of this forum, much less a chatroom. i would be dumbfounded to see older people learn & trade james16 &/or Ryanmcd method via a chat room -- TOTALLY UNNECESSARY folks.

Fellow traders beware. u lose nothing when u arm yourselves with caution.
I hate whiners & scammers. hopefully u are neither.
  • #1,597
  • Oct 20, 2009 4:08am Oct 20, 2009 4:08am
Quoting supremeChaos
FUNNY???
Honestly, i dont see anything funny about not having a chat room.
if it's funny why are u adding this method to your so-called trading arsenal?
what is the need for the chat room in the first place???!hopefully u dont have plans to sell newbies something

like the james16 method, Ryanmcd's method is very easy, it just needs practice (which is learning-curve dependent). i dont see no reason to have a chat room.
12 - 16 year olds have been trading using the james16 method even without the help...

Haha...You are man of LOT of words. In my opinion Chat room will help traders to keep an eye on the market for each other. I personally track several timeframe on several charts, and it would be nice sometimes to get some help.

Not everyone has hidden agenda my friend
Vouch me and I vouch you back !
  • #1,598
  • Oct 20, 2009 4:25am Oct 20, 2009 4:25am
Quote
Funny to see that there is no live trading room for this thread
Quoting The_One
...In my opinion Chat room will help traders to keep an eye on the market for each other. I personally track several timeframe on several charts, and it would be nice sometimes to get some help.
Not everyone has hidden agenda my friend
I sure hope so.
since u want help in YOUR trading, u find it funny that there's no chat room? to me, there's a disconnect, logic-wise.
now, that is funny. actually, it's not funny, it's illogical imho. illogical, unless u are using the word 'funny' as a lame excuse/front for something else.

& please dont tell me/us that YOU will only benefit/get help ONLY "sometimes" once a chat room for this thread is up & running. u will only benefit SOMETIMES IF this thread is a 4H chart & up thread & method. but since it's NOT, then u will get help OFTEN (Ryanmcd's method gives off plenty of intraday signals, tradeable or not).

u might be twice my age but im not dumb, u cant play with words on me.
so better reveal your true intentions early on without beating around the bush. be a man.

First post in this thread, then shortly after forms a chat room & immediately invites people. wow, imo.

U are trying to promote DEPENDENCE as OPPOSED to SELF-RELIANCE. certainly not good imho.
AS time goes by, our world needs more LEADERS, not more FOLLOWERS -- we already have too much followers.

Cheers.
  • #1,599
  • Oct 20, 2009 4:53am Oct 20, 2009 4:53am
Quoting supremeChaos
I sure hope so.
since u want help in YOUR trading, u find it funny that there's no chat room? to me, there's a disconnect, logic-wise.
now, that is funny. actually, it's not funny, it's illogical imho. illogical, unless u are using the word 'funny' as a lame excuse/front for something else.

& please dont tell me/us that YOU will only benefit/get help ONLY "sometimes" once a chat room for this thread is up & running. u will only benefit SOMETIMES IF this...
I see where you coming from, however my time is too precious to start trash talking with you.

Write back when you trade for living.
Vouch me and I vouch you back !
  • #1,600
  • Oct 20, 2009 5:09am Oct 20, 2009 5:09am
Now Children... play nicely...

Tom
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