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  • #321
  • Edited 7:24am Mar 20, 2025 7:13am | Edited 7:24am
Forward testing continues......

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Master your Mind,,,Master the Market
  • #322
  • Mar 20, 2025 9:53am Mar 20, 2025 9:53am
Quoting bluesteele
Forward testing continues...... {image} {image}
This is what I got for the UK session of SP500 and the New York session of the SP500. The blue bits are Kevins ORB and Yellow is Mebob. Both did fine it seems in the UK and USA. Hope I got this right
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every Saint has a past. Every Sinner has a Future
  • #323
  • Mar 20, 2025 10:22am Mar 20, 2025 10:22am
Quoting bluesteele
Forward testing continues...... {image} {image}
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I like that idea. I saw pipcruiser also uses that and I think it is worth looking into with the five minute ES. The guys in my discord and I definitely use 50% as a stop, and also use 50% and 100% measured moves for trailing on the NQ.

Excellent chart share!
Life itself is a privilege, but to live life to the fullest is a choice
  • #324
  • Mar 20, 2025 5:25pm Mar 20, 2025 5:25pm
Quoting Schinken
Interesting thread. I hope vidvad doesn't mind me posting an indicator - I promise it's harmless. All it does is put a rectangle on your chart. I made this a while ago when I was playing around with ranges and now added a bit of code so it can be anchored to a bar. You just need to set your chart to M5, set useFirstBar to true, then it'll draw a box from this bar, with the height of this bar and the 'length' of 24 hours. Long story short, you can simply mark your 'Mebob' bars with it. You'll need to adjust the start time according to whatever timezone...
This is not meant for you Schinken but a general clarification for anyone following along in this thread.


One more attempt to be clear about indicators in this thread:

Anyone who posts an indicator for a trading platform that facillitates marking a fixed bar, e.g. MeBob, the five minute opening range, is fine.

Furthermore, people are free to posts screenshots of their charts with any manner of indicators they wish, so long as they are highlighting a price action set ups we use, e.g. o-i-i, i-i, i-o-i, etc, or fixed bar set up we use, for example, MeBob and ORBs.

What I would like to keep out of this thread is any talk of using a TA indicator as a filter or as defining variable to a set up and signal. That's all.

You want to keep an ema on your chart? Fine!

You want multiple ema's and an oscillator? Great!

So long as your chart clearly is posted to highlight a set up in keeping with the purpose of this thread your post is welcome.

I am not anti-indicator as a matter of principle, but I am anti TA derivative indicators for the purpose of this thread. My discord friends, who include FF members Ed777 and JVT, and I have explored all manner of indicators together. They will tell you I have been a prolific consumer of indicator usage. However, this thread, in particular, is a pure price action thread.

It really should not take this much energy and effort to make this point.

I'll not be recording any additional videos until the weekend at the earliest. Let's see if the thread can stay active and focused over the next few days without them.
Life itself is a privilege, but to live life to the fullest is a choice
  • #325
  • Mar 20, 2025 5:39pm Mar 20, 2025 5:39pm
This is from Al Brooks's blog. This is the type of trading we are exploring in this thread:

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Life itself is a privilege, but to live life to the fullest is a choice
  • #326
  • Mar 20, 2025 5:47pm Mar 20, 2025 5:47pm
A summary of Al Brook's article, "Five minutes to fame in the E-mini"

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Life itself is a privilege, but to live life to the fullest is a choice
  • #327
  • Mar 20, 2025 5:54pm Mar 20, 2025 5:54pm
I came across this video today searching for info on Al Brooks
breakout trading. So I watched this video today of an interview with Ali ,from what I understand, a co-creator of the Brooks trading course. It's 1.5 hours and well worth your time IMO.

I think there are good takeaways for just about anybody who views this.

Inserted Video
Master your Mind,,,Master the Market
  • #328
  • Mar 20, 2025 7:00pm Mar 20, 2025 7:00pm
Quoting bluesteele
I came across this video today searching for info on Al Brooks breakout trading. So I watched this video today of an interview with Ali ,from what I understand, a co-creator of the Brooks trading course. It's 1.5 hours and well worth your time IMO. I think there are good takeaways for just about anybody who views this. https://youtu.be/Pxcxjg9rJVE?si=S9ObhCaJRvGNqxPS

lol "I suffered through that book." Didn't we all!

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Life itself is a privilege, but to live life to the fullest is a choice
  • #329
  • Mar 20, 2025 7:52pm Mar 20, 2025 7:52pm
Quoting bluesteele
Forward testing continues...... {image} {image}
Hi bluesteele thanks for sharing this, one question, when do you consider that the stop should be the high or low of the OR candle? do you apply 50% of the OR candle only when it exceeds 20 points?

Sorry for these questions a bit silly, I would like to understand a bit your approaches.

I hope you are well, cheers
  • #330
  • Mar 20, 2025 7:59pm Mar 20, 2025 7:59pm
Quoting fream1
{quote} Hi bluesteele thanks for sharing this, one question, when do you consider that the stop should be the high or low of the OR candle? do you apply 50% of the OR candle only when it exceeds 20 points? Sorry for these questions a bit silly, I would like to understand a bit your approaches. I hope you are well, cheers
Nothing silly about your question at all. I'm interested in this as well.
Life itself is a privilege, but to live life to the fullest is a choice
  • #331
  • Mar 20, 2025 8:55pm Mar 20, 2025 8:55pm
Quoting fream1
{quote} Hi bluesteele thanks for sharing this, one question, when do you consider that the stop should be the high or low of the OR candle? do you apply 50% of the OR candle only when it exceeds 20 points? Sorry for these questions a bit silly, I would like to understand a bit your approaches. I hope you are well, cheers
Hi Fream
there are no silly questions... At this point I am willing to risk 30 pts as my max daily. I want a minimum everyday of 2 swings at the bat with the BO as most fail.
So I decided on 15 pts.approx The other consideration is the close of the BO bar.. How large is that bar ? So coupled with the size of the OR and the size of the BO bar
I then determine whether to enter full size or scale down.

I will post some charts that may help....nothing fancy with me ever. I am not a big math guy..My strongpoint (generally lol ) is I have a very sharp eye for
details. My background required that and many many years of reviewing charts trading charts etc.. I'm also a bit of a pitbull lol
I hope that helps.. and again no silly questions !
Cheers !

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Master your Mind,,,Master the Market
  • #332
  • Mar 20, 2025 9:07pm Mar 20, 2025 9:07pm
Blues ramblings.....

Some observations...First chart...I really liked that after that strong push from the Open..Price did not close Above the prev days Highest close.
You might think that price will push and test the PDH but I have seen umpteen countless times when it just comes close to the daily H/L
And on a Higher TF thats a nice DT with yest High.

After that rejection of PDH a nice leg down (red) 3 bar pullback and a IB... Great setup short.... a good day all in all.

and other chart WOW 3days so far this week with Bar being the H or L of day... impressive.

One other note.. I am always very aware of where price is in relation to the prev days Equity open(s) I find it very important on many days.
Whether it comes into play in my trading time is another thing... But always important to pay attention to the OHLC.

Eyes are stinging and brain quite tired,,past my bedtime... Hope the last 2 posts make sense If not..we will try again manana !


Cheers !

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Master your Mind,,,Master the Market
  • #333
  • Mar 21, 2025 7:07am Mar 21, 2025 7:07am
Paula Webb, Mark Douglas's widow, continues her self destructive mania to remove Mark Douglas's videos from youtube and hit me with a copyright strike, and youtube removed my Douglas exercise video.

I presume she is the beneficiary of Douglas's estate, and her attempt to erase her late husband's presence from youtube likely will not help future book sales.
Life itself is a privilege, but to live life to the fullest is a choice
  • #334
  • Mar 21, 2025 7:10am Mar 21, 2025 7:10am
Quoting bluesteele
I came across this video today searching for info on Al Brooks breakout trading. So I watched this video today of an interview with Ali ,from what I understand, a co-creator of the Brooks trading course. It's 1.5 hours and well worth your time IMO. I think there are good takeaways for just about anybody who views this. https://youtu.be/Pxcxjg9rJVE?si=S9ObhCaJRvGNqxPS
Much appreciated Blue, going through it (and making notes) as i write ..
  • #335
  • Mar 21, 2025 7:42am Mar 21, 2025 7:42am
This is a good day to revist this video (or watch for the first time if you haven't seen it before today).

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Life itself is a privilege, but to live life to the fullest is a choice
  • #336
  • Mar 21, 2025 8:11am Mar 21, 2025 8:11am
Quoting vidvad
This is a good day to revist this video (or watch for the first time if you haven't seen it before today). https://youtu.be/yGDYNoY3b68?si=GR-4pfVqF1OfgCut
Vidvad, whilst watching the video and looking to the left side of my screens a question came to mind.
I understand what Al is saying esp. with regards to the futures mkt, however, there are those of us who dabble in CFDs and there we are looking at 'continuous prices' so i was asking my self whether there is a consensus regarding the H/L of the day. Does one include the 24H H/L or do you just look at the US trading session H/L (obviously referring to the S&P). I suppose one can 'modify' the CFD series to mimick the US session ..
  • #337
  • Mar 21, 2025 8:45am Mar 21, 2025 8:45am
I guess you could say it's been an interesting morning .. took my two swings at the bat.. and calling it a day.

Very happy with my performance today A plus on execution. Despite it being a net losing day.

My first ORB short resulted in a full size loss.. second breakout was to the long.. peeled off one contract at + 10.. other two were stopped out at the trigger bar plus two.

Overall a very good week A+... In all honesty I don't recall the last time I executed an entire week of trades with about as close to flawless execution as you can get...

One chart one time frame one setup. ....
Will post up more in-depth details and charts later

Cheers.
Master your Mind,,,Master the Market
  • #338
  • Mar 21, 2025 10:04am Mar 21, 2025 10:04am
Quoting forex-nl
{quote} Vidvad, whilst watching the video and looking to the left side of my screens a question came to mind. I understand what Al is saying esp. with regards to the futures mkt, however, there are those of us who dabble in CFDs and there we are looking at 'continuous prices' so i was asking my self whether there is a consensus regarding the H/L of the day. Does one include the 24H H/L or do you just look at the US trading session H/L (obviously referring to the S&P). I suppose one can 'modify' the CFD series to mimick the US session .. ...

Al Brooks I think has the right answer for you. Give this a listen and I think you'll see you're fine using what you are using.

Inserted Video
Life itself is a privilege, but to live life to the fullest is a choice
  • #339
  • Mar 21, 2025 10:05am Mar 21, 2025 10:05am
Quoting bluesteele
I guess you could say it's been an interesting morning .. took my two swings at the bat.. and calling it a day. Very happy with my performance today A plus on execution. Despite it being a net losing day. My first ORB short resulted in a full size loss.. second breakout was to the long.. peeled off one contract at + 10.. other two were stopped out at the trigger bar plus two. Overall a very good week A+... In all honesty I don't recall the last time I executed an entire week of trades with about as close to flawless execution as you can get... One...
Gonzalo would be proud of you, blue!
Life itself is a privilege, but to live life to the fullest is a choice
  • #340
  • Mar 21, 2025 10:25am Mar 21, 2025 10:25am
Quoting vidvad
{quote} Gonzalo would be proud of you, blue!
Thanks VidVad. I've simplified... I've clarified... Which has enabled me to really focus my attention on what matters which is following my process.. to the tee..

The other aspect that has really helped me .... is just letting go...
I DONT CARE !!!

I do not care if the trade loses.
I don't care if the trade wins.
I don't care to follow six markets or 10 markets and 5 time frames on each...
I don't care to listen to so-called gurus.
I don't care to chase price.
I don't care to chase moves.
I don't care to prove myself to anyone but me.

Make trading a pursuit of pleasure.
One chart one time frame one setup...
Master your Mind,,,Master the Market
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