Dhb, I love these kinds of charts when you point out other trades you could have taken. Keep them coming, I think they're incredibly useful for those of us trading this kind of variation in between the standard trend + 21ema pin setups. Thanks so ...

That was a beautiful setup...I missed it because I was position sizing and it wasn't coming out right. Next thing I know it took off on me lol...Here's my chart and thoughts on this setup. I'm not sure why, but I use this position sizer, and ...

I was looking into trading the open of London around (EST) 3:00AM til around the close 11:30AM. Any other reasons for the times you mentioned?

Agreed, I was out Monday, and the rest of the week has been very quiet--no trades so far. All the news today hasn't been helping since I avoid news times and it creates chop. While we're on the subject, when do you guys think the best times to trade ...

Hi Forex Girl, Thanks supreme for answering. Yes, that is the BUOB I was referring to. Personally, the second pin I wouldn't take because it was below the mid-bb and the 21ema, and it was a bit small. If the tail of the pin had pierced the ...

Your charts are a bit too small to see..could you post one zoomed in or let me know which pair and what time (est) and I'll take a look Scott

Hope someone else got in on this one too. After taking a bunch of marginal setups that didn't fully retrace or weren't in a good trend and getting burned, I waited for a clear trend and a full retracement to the mid-bb and 21 ema area. USDCAD 5 ...

I took this USDJPY at 9:35 EST and wanted to have my stop to BE by news time. Mike did you take this too? With the positive news this morning I figured ISM was going to be positive and I was willing to hold, especially with the nice uptrend. Well ...

Can you elaborate or point me to a post regarding the 10 EMA? I searched the thread but nothing came up. I've noticed for a while that we get these strong trends that never pull back to the mid bb/21 EMA and I can't find a good way to catch them. If ...

I always add 1-2 pips above the high of the pin when shorting. However, with the spread taken into account it was just enough to take me out. I think my chart was showing the bid price and even with the 2 pip buffer above the high the ask price took ...

I think if this one showed up again I would take it again. The time was around 1:40 EST so I start looking for trades at 12:30-1 EST when lunch ends. Can Jankone or anyone else comment on the USDCHF setup? I don't really have any reason not to take ...

2 Trades - 07-12-10 — Hi everyone, Here are my only 2 trades from today on USDCHF 5 minute. 1. BUOB - CT with very nice divergence. Fast winner. 2. Pin - off 21ema and mid-bb. The only con was that it was trading right into 1.06 but I was ...

Hey Winston, I believe there are a few PB indicators floating around the j16 thread. I don't have them as I haven't found one that works well, but someone here might. If anyone does have a PB indicator that works I'd like to try it out. PS..I'm ...

Does anyone have the pps file from this post? The download link doesn't seem to be working. Scott

Hey Scott, Just my preference, but I would like to see the low of the pin around .6480 or so, with a close above .6500. We know there are naturally a lot of orders near the VBRN .6500, and by piercing below and closing above we can see that there is ...

I could be completely off here, but in my experience when we have pins like these just above very big round numbers, but not actually touching them, more often than not the pin may break for a few pips long--but then it usually shoots back down to ...

+1 on this... The realization when it smacks you in the face is probably one of the most valuable lessons and stepping stones in the journey. IMO..the sooner others help you see the truth the better. Less money lost, accounts blown, pain felt, etc. ...

Which is why I cannot resist an IPB at a perfect location

Oh boy... I'm waiting for someone to rain on Fly's parade lol. To his defense, myself and many others would be lying if we said we didn't go through that phase when we were new to trading

Hi Bee, IPB stands for inverted pin bar, and it is not a traditional j16 PA bar. Ghous did some research on them and shared his findings with us. I'm not sure if it was either mike or jarroo who recently posted a link from ghous explaining the IPB, ...