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  • #641
  • Apr 22, 2025 10:22am Apr 22, 2025 10:22am
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  • #642
  • Apr 22, 2025 10:35am Apr 22, 2025 10:35am
Quoting vidvad
{quote} I learned a lot from the Al Broks trading course. However, my study of Linda Raschke's writings came first in my personal experience, and had I not had the foundation I got from her, I'd probably not have made much headway with the Brooks course. She is the firstest with the mostest in my book. Still running at top sprint speed with my day job duties and achieving incredible productivity and efficiency. So far this has been my best start to a new season of breaking ground I've ever had. I credit the work I did over the winter with trading,...

Thankyou to all contributors of this thread, It is an absolute gem. I have a 6week old baby and trading (waiting patiently for hours) has become difficult but this time based fixed bar breakout type method seems to be working away nicely. I have been taking trades at a low lot size for a week. Looking forward to many more decent days with less stress. Love to see dax and ftse trades also as I am uk based.

Also just bought al Brooks course and love it, could probably be more condensed but what do I know. I’m just an amateur trying to add more knowledge to my experience.

Thanks again all
  • #643
  • Apr 22, 2025 1:44pm Apr 22, 2025 1:44pm
S&P500/US30/XAUUSD

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  • #644
  • Apr 22, 2025 3:22pm Apr 22, 2025 3:22pm
Quoting MaxiPip
{quote} Thankyou to all contributors of this thread, It is an absolute gem. I have a 6week old baby and trading (waiting patiently for hours) has become difficult but this time based fixed bar breakout type method seems to be working away nicely. I have been taking trades at a low lot size for a week. Looking forward to many more decent days with less stress. Love to see dax and ftse trades also as I am uk based. Also just bought al Brooks course and love it, could probably be more condensed but what do I know. I’m just an...
Love your vibe and appreciate you joining your journey with ours.

I'm hoping to keep the spirit of rockypoint alive here, and your post shows that so far we are succeeding. Thank you for your words!

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Life itself is a privilege, but to live life to the fullest is a choice
  • #645
  • Apr 23, 2025 3:08am Apr 23, 2025 3:08am
10 point secured on FTSE, DAX also just breaking out, lets see how it goes, although i missed the entry on DAX
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  • #646
  • Edited 10:53am Apr 23, 2025 3:28am | Edited 10:53am
Today trades:
DAX: 1 (winner)
JPN225: #1 (winner). Trend is bullish, so I set a small target at nearest supportlevel. Worked well apparantly.
JPN225: #2 (loser).

Profit factor April: 2.84
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  • #647
  • Apr 23, 2025 12:35pm Apr 23, 2025 12:35pm
Hey vidvad, thank you for sharing this system. I've been following it for a few days now and seeing some decent results with live trades. I had 2 questions tho:

1. Why is the 10:05-10:10 candle the one chosen as the reference candle? I went through most the post and couldn't seem to find the answer.

2. In your videos you're using a drawing tool on I'm guessing the ninjatrader platform that draws the 1:1 risk reward for you. What is that tool?
  • #648
  • Apr 23, 2025 1:01pm Apr 23, 2025 1:01pm
And the SP500 Mebob in New York time.
Good trade eventually within my two hour window.
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every Saint has a past. Every Sinner has a Future
  • #649
  • Apr 23, 2025 5:03pm Apr 23, 2025 5:03pm
Quoting orrunec2
Hey vidvad, thank you for sharing this system. I've been following it for a few days now and seeing some decent results with live trades. I had 2 questions tho: 1. Why is the 10:05-10:10 candle the one chosen as the reference candle? I went through most the post and couldn't seem to find the answer. 2. In your videos you're using a drawing tool on I'm guessing the ninjatrader platform that draws the 1:1 risk reward for you. What is that tool?
The Mebob is the brainchild of Robert Falk, a trader who passed away in 2023. I don't know why 10:05 to 10:10 was selected as his referenc ebar of choice, and I would assume his "secret" went to the grave with him.

Why ask why?

Look for an edge. If there is edge. then we really don't need to know why it has an edge. The best reason I have seen for the selection of the Mebob bar is that Mr. Falk was simply trying to help newbies find a good time and price at which to enter the market.

The indicator you are seeing is the default risk reward drawing tool that I Believe is standard with Ninjatrader. You can customize it to your own parameters, colors, etc.
Life itself is a privilege, but to live life to the fullest is a choice
  • #650
  • Apr 23, 2025 5:53pm Apr 23, 2025 5:53pm
Quoting vidvad
{quote} The Mebob is the brainchild of Robert Falk, a trader who passed away in 2023. I don't know why 10:05 to 10:10 was selected as his referenc ebar of choice, and I would assume his "secret" went to the grave with him. Why ask why? Look for an edge. If there is edge. then we really don't need to know why it has an edge. The best reason I have seen for the selection of the Mebob bar is that Mr. Falk was simply trying to help newbies find a good time and price at which to enter the market. The indicator you are seeing is the default risk reward...
5 Min TF Dow Futures today, 3 trades, 2 in profit and 1 loss, total +200 points.

I wanted to respond and show that any reference bar would do..it is using smart MM and controlling mindf**k(Fear and Greed) is what important in trading and being a success. Just think of any bar prior to entries below as a "The Reference Bar".

The edge with "The Reference Bar" technique is a structure, i. e. knowing what is SL and your personal potential TP.
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  • #651
  • Apr 23, 2025 6:32pm Apr 23, 2025 6:32pm
Quoting driven18
{quote} 5 Min TF Dow Futures today, 3 trades, 2 in profit and 1 loss, total +200 points. I wanted to respond and show that any reference bar would do..it is using smart MM and controlling mindf**k(Fear and Greed) is what important in trading and being a success. Just think of any bar prior to entries below as a "The Reference Bar". The edge with "The Reference Bar" technique is a structure, i. e. knowing what is SL and your personal potential TP. {image}
I don't think the EXACT minute matters but there's definitely a time range within that specific session that can provide an inherent edge.

I don't think you can randomly select a reference bar after 11am NY or before the market opens for example.

There's definitely some logic around letting the dust settle after the open, but entering before all the liquidity is gone.
  • #652
  • Apr 23, 2025 7:11pm Apr 23, 2025 7:11pm
Quoting MachineLearn
{quote} I don't think the EXACT minute matters but there's definitely a time range within that specific session that can provide an inherent edge. I don't think you can randomly select a reference bar after 11am NY or before the market opens for example. There's definitely some logic around letting the dust settle after the open, but entering before all the liquidity is gone.
Last night on ES, the biggest Volume bars (5 minutes) are mainly candles making new daily highs or lows (double any other bar) and the next highest volume bars are always on bars that cross VWAP.
Therefore liquidity always sits at recent daily highs or Lows, crosses of VWAP mainly.
So highest liquidity candles in order from last night. This is also the norm for most days

Highest Liquidity on 5 Minute candles not counting Red News candles in correct order.
1.. Stock Market close candle (always)
2.. Stock Market open candle
3.. New daily high or daily low candle
4.. Cross of VWAP candle
5. Cross of Pivot line candle
6. Then comes all other candles

I do notice the Pricebob bar is often lower in Liquidity which leads me to think IT ACTS LIKE A INSIDE BAR.
Therefore perhaps the Pricebob experiment is another take of the "Inside Bar" price action strategy.

I traded heaps of Algorithm strategy's years ago and the standout Price action strategy that provided me with the highest profits came from EA's coded around the Inside Bar setup.

Makes me wonder?
Trading thin liquidity at the boundary of the charts
  • #653
  • Apr 23, 2025 7:59pm Apr 23, 2025 7:59pm
Quoting RickM
{quote} Last night on ES, the biggest Volume bars (5 minutes) are mainly candles making new daily highs or lows (double any other bar) and the next highest volume bars are always on bars that cross VWAP. Therefore liquidity always sits at recent daily highs or Lows, crosses of VWAP mainly. So highest liquidity candles in order from last night. This is also the norm for most days Highest Liquidity on 5 Minute candles not counting Red News candles in correct order. 1.. Stock Market close candle (always) 2.. Stock Market open candle 3.. New daily high...
Interesting insight as always. Can you expand more on the correlation between lower liquidity and inside bars?
  • #654
  • Apr 23, 2025 8:16pm Apr 23, 2025 8:16pm
Quoting MachineLearn
{quote} Interesting insight as always. Can you expand more on the correlation between lower liquidity and inside bars?
With all due respect to all involved, liquidity is a bogeyman and I feel it serves only to add an unnecessarily complicating, confounding, and confusing variable to a what is a straightforward fixed bar approach.

I am much closer to Driven's opinion here. I don't know that I go quite so far as to say the particular reference bar doesn't matter, but I'd go quite closer to agreeing with that than that liquidity considerations add anything to Mebob, ORB's, etc.

if someone wants to add "variety" to fixed bar trading, then the next step is reversal bar edges. What's a reversal bar? A reversal bar is the first bar that makes a lower low than the preceding bar after a series of bars that made high his and higher lows. Inside bars sometimes precede the reversal bar as range first contracts prior to the reversal. A reversal bar would also be the first bar to make a higher high than the preceding bar after a series of two or more bars in which the bars made lower lows and lower highs.

Also, ML, I'd suggest you look at premarket ranges before dismissing them out of hand. There are definite edges on certain markets in the premarket data.

Volume and liquidity considerations I'm sure have their place somewhere. But I am sure it isn't here.

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Life itself is a privilege, but to live life to the fullest is a choice
  • #655
  • Apr 23, 2025 8:42pm Apr 23, 2025 8:42pm
Quoting vidvad
{quote} With all due respect to all involved, liquidity is a bogeyman and I feel it serves only to add an unnecessarily complicating, confounding, and confusing variable to a what is a straightforward fixed bar approach. I am much closer to Driven's opinion here. I don't know that I go quite so far as to say the particular reference bar doesn't matter, but I'd go quite closer to agreeing with that than that liquidity considerations add anything to Mebob, ORB's, etc. if someone wants to add "variety" to fixed bar trading, then the next step is reversal...
Liquidity, volume or whatever you want to call it, theres an obvious measureable increase in activity at NY OPEN. You don't think this activity has any impact on the decision of the reference bar?
  • #656
  • Apr 23, 2025 8:46pm Apr 23, 2025 8:46pm
Quoting driven18
{quote} 5 Min TF Dow Futures today, 3 trades, 2 in profit and 1 loss, total +200 points. I wanted to respond and show that any reference bar would do..it is using smart MM and controlling mindf**k(Fear and Greed) is what important in trading and being a success. Just think of any bar prior to entries below as a "The Reference Bar". The edge with "The Reference Bar" technique is a structure, i. e. knowing what is SL and your personal potential TP. {image}
Daaaamn, all my close FF friends responded to that posting, RickM, MachineLearn, vidvad(no particular order)(Cryptosurf, if you reading this, you are also my friend).

It is a good week, great day, let's hear some more tweets from Trump, I am beginning to see the pattern in the tweets. Hmmm...
  • #657
  • Apr 23, 2025 8:47pm Apr 23, 2025 8:47pm
Quoting MachineLearn
{quote} Liquidity, volume or whatever you want to call it, theres an obvious measureable increase in activity at NY OPEN. You don't think this activity has any impact on the decision of the reference bar?
None, but triple MMM does(WoW) (Money Management and MindF**ck). M M M.
  • #658
  • Apr 23, 2025 8:51pm Apr 23, 2025 8:51pm
Quoting driven18
{quote} None, but triple MMM does(WoW) (Money Management andcontrolling MindF**ck). MMM.
Well no one knows the true reason for the reference bar but I'd bet a million dollars if you asked the creator of the method they would AT LEAST take into consideration the massive increase of volume at 9:30 and the massive decrease of volume around 11.

The reference bar doesn't take any prior levels into consideration. Just a specific TIME. The only thing that's certain at the time of the reference bar is exactly what I said...you guys may be over thinking this one.

But we'll agree to disagree
  • #659
  • Apr 23, 2025 8:56pm Apr 23, 2025 8:56pm
Quoting MachineLearn
{quote} Well no one knows the true reason for the reference bar but I'd bet a million dollars if you asked the creator of the method they would AT LEAST take into consideration the massive increase of volume at 9:30 and the massive decrease of volume around 11. The reference bar doesn't take any prior levels into consideration. Just a specific TIME. The only thing that's certain at the time of the reference bar is exactly what I said...you guys may be over thinking this one. But we'll agree to disagree
Yo, just in case, I do agree. Meaningless.... but not meaningless as far as "structure" go's. To whom it matters, will understand.
  • #660
  • Apr 23, 2025 9:50pm Apr 23, 2025 9:50pm
Hola amigos,,,
Just a couple charts and no long ramble

Just showing the 1hr IB in a different context... as a 1hr BO model
Yes its normally traded on a smaller TF.. 5 min is most popular I would say.

But again sticking with the spirit of Mebob..why not a fixed 1hr bar setup ?

And the 2pm 5min bar...now that is something special

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Master your Mind,,,Master the Market
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