The PriceBob Strategy | Page 95 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Hybrid System of 3 Successful Traders - Engulfing w/ Pivot & SMA 235 replies

ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies

Trend & Price Action Strategy 0 replies

Brokers who are hybrid (STP & Market Maker) 0 replies

Hybrid Grid System that seems to work 3 replies

Attachments: The PriceBob Strategy
Exit Attachments

The PriceBob Strategy

  • #1,881
  • Edited 8:23am Nov 11, 2025 7:06am | Edited 8:23am
SP500 ORB 5 min target met
Hope the 618 is drawn properly ( target blue horizontal) ?
EDIT: Remember -Bank Holiday in the States.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 153 KB
every Saint has a past. Every Sinner has a Future
  • #1,882
  • Nov 12, 2025 5:38am Nov 12, 2025 5:38am
Quoting Rorex44
Hey everyone, for the next 20 days I'll be posting my trade results for pricebob strategy. I trade on 30M timeframe and my first reference bar is 7.30 AM EST and second one is 9.00 AM EST. My target is 0.618 R. Maximum 2 trades per day on gold and nasdaq. Thanks to Vidvad for everything that you are doing for this community. Day #1: (Yesterday) I've taken 2 trades: 1. NQ long: 7.30 AM fixed bar (Target Hit) 2. Gold short: 9.00 AM fixed bar (Target Hit)

Good Luck!

Since some charting/trading platforms label a bar by its open, while others label their bars by their close, it is suggested that you clarify the precise bar you are using by stating the open and the close, at least initially: When you say you are using the 7:30 AM fixed bar, is that the bar that opens at 7:00 AM and closes at 7:30 AM, or is that the bar that opens at 7:30 AM and closes at 8:00 AM?

Both here and in the videos I always state the open & close so that we know we are all looking at the same bar, even though my platform labels the 7:30 AM to 8:00 AM bar the "8:00 AM" bar, while someone using Think or Swim would see that platform labels that bar the "7:30 AM" bar.

Identifying by open & close removes all confusion and facillitates understanding and communication among the thread participanst.

Again, good luck! (I by wishing you good luck, I do not mean "profits" ... I mean good luck sticking to the process and profits or losses be damned. This is all about developing the skills required to be a consistently profitable trader. If you develop those skills, then refining your trading plan to become consistently profitable will be the easy part. Right now, you are embarking on the hard work of learning to trade. Just because the work is hard doesn't mean it has to take years. It can takes just weeks or a few months for some. If you can avoid fooling yourself as I fooled myself, it will take a relatively short time. If instead you decide to fool yourself and let your ego run roughshod over your discipline, you could be at this spinning your wheels for years, or even decades.

So, again, good luck sticking to the exercise. I do hope you are starting with a SIM account, or if trading live, it is a prop eval account. It is important for the first pass through the 20 day exercise that you are able to focus on execution and reduce the pressure to be profitable to as close to zero as possible. Even in a sim environment, I guarantee you will initially still find yourself cheering price toward your take profit, and you'll feel a bit of disappointment when your stop loss is hit. Losing streaks and undermine the whole mental business, even in a sim environment. I advise you to be mindful of both elation and disappointment, and learn to see that that is your ego trying to get to you. YOU are not your ego. You are the awareness that stands behind your ego. Your ego is going to do its utmost to fool you into thinking that you and it are one and the same. You are not. But you must fight the ego to maintain your independence and control of the process.
Life itself is a privilege, but to live life to the fullest is a choice
  • #1,883
  • Nov 12, 2025 6:54am Nov 12, 2025 6:54am
Hey Vidvad, Thanks for the honest advice (as always).

I'm using the bar opening at 7.30 AM (EST), which closes at 8.00 AM, as the reference bar. Same as with the other one, 9.00 AM - 9.30 AM as a fixed bar. Also after rewatching your video, I've decided to stick to one instrument first (Gold for me). Yes I'm trading in a demo evaluation account and with calculated risk. Hopefully I'll stick with the rules and not mess up. Let's see how it goes, cheers!

Day #3:
1. Gold short: 7.30 - 8.00 AM fixed bar (Target Hit)

Quoting vidvad
{quote} Good Luck! Since some charting/trading platforms label a bar by its open, while others label their bars by their close, it is suggested that you clarify the precise bar you are using by stating the open and the close, at least initially: When you say you are using the 7:30 AM fixed bar, is that the bar that opens at 7:00 AM and closes at 7:30 AM, or is that the bar that opens at 7:30 AM and closes at 8:00 AM? Both here and in the videos I always state the open & close so that we know we are all looking at the same bar, even though my platform...
  • #1,884
  • Nov 13, 2025 6:52am Nov 13, 2025 6:52am
Day #4:

Gold short: 7.30 - 8.00 AM fixed bar (TP Hit)
  • #1,885
  • Nov 13, 2025 12:31pm Nov 13, 2025 12:31pm
At this stage, trading one's first fixed bar trading plan for 20 days, it really is the case of that "it isn't whether you win or lose, it's how you play the game."

Process over profit.

Get the process down, the profits will become the easy part.
Life itself is a privilege, but to live life to the fullest is a choice
  • #1,886
  • Nov 13, 2025 6:20pm Nov 13, 2025 6:20pm
Quoting vidvad
To everyone: I would prefer that you ask your questions here in the public forum Pricebob thread. I do try to answer all private messages, but so many ask the same things over and over again. Just post them here. If it is a question for you, it is probably a question for many others. This is my response to a follow up message I received in response to my post last night: 1) Start with a fixed bar trading plan. a. select your instrument, the bar interval, and the precise fixed set up bar b. select a fixed stop loss that is tied to the range of the...
"choose a fixed take profit level that is tied to the range of the setup bar AND hit before the stop loss at least 60% of the time based on your backtesting" I finally understand what this really means.
If I take 1% for 1 trade, then when I enter 20 trades with a 60% win rate:
Each winning trade: +1%
Each losing trade: –1%
You enter 20 trades, 60% win rate → win 12 trades, lose 8 trades.
Total profit = (number of winning orders – number of losing orders) × 1%
= (12 – 8) × 1%
= 4 × 1%
= +4%
If I set 1% rick as 100$ then: 100$ --> 400$
If I set 1% rick as 1000$ then: 1000$ --> 4000$
If I set 1% rick as 2000$ then: 2000$ --> 8000$
If the ratio is 60%, the more persistent you are in placing regular orders, the more obvious the results will be.
I had a week of placing orders on winning days, losing days, my account was sometimes negative and sometimes even, I persisted throughout the losing - even series of orders and now it is profitable. After all, the persistent person is the winner. Be patient from the way you enter the order to the way you watch the author's youtube tutorial.
  • #1,887
  • Nov 14, 2025 5:22am Nov 14, 2025 5:22am
Day #5:

Gold short: 7.30 - 8.00 AM fixed bar (TP Hit)
  • #1,888
  • Nov 14, 2025 6:19am Nov 14, 2025 6:19am
At this stage, trading one's first fixed bar trading plan for 20 days, it really is the case of that "it isn't whether you win or lose, it's how you play the game."

Process over profit.

Get the process down, the profits will become the easy part.
Life itself is a privilege, but to live life to the fullest is a choice
  • #1,889
  • Nov 14, 2025 6:48am Nov 14, 2025 6:48am
Quoting vidvad
At this stage, trading one's first fixed bar trading plan for 20 days, it really is the case of that "it isn't whether you win or lose, it's how you play the game." Process over profit. Get the process down, the profits will become the easy part.
8:20am New York Bar for Gold....nice short?
Take Vids advice for a feasible target and you are done.
Edit: now you have a long if you wish
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 123 KB
Click to Enlarge Name: Screenshot 2025-11-14 at 14.50.39.png Size: 85 KB
every Saint has a past. Every Sinner has a Future
  • #1,890
  • Nov 14, 2025 7:34am Nov 14, 2025 7:34am
My main interest the SP500 5 minute ORB at 2:30pm. Profitable long and done for the day. Just keep pluggin' away and don't fiddle beyween twenties
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 168 KB
every Saint has a past. Every Sinner has a Future
  • #1,891
  • Nov 14, 2025 7:40am Nov 14, 2025 7:40am
Quoting turnip15
and don't fiddle between twenties
Between the 20's?
Life itself is a privilege, but to live life to the fullest is a choice
  • #1,892
  • Nov 14, 2025 7:52am Nov 14, 2025 7:52am
Quoting vidvad
{quote} Between the 20's?
Twenty trades without hopping about and changing things during those twenty trades. Stick to your approach. Modify later, if needed, for the next twenty trades, repeat if necessary
Nothing rude Vid
every Saint has a past. Every Sinner has a Future
  • #1,893
  • Nov 14, 2025 7:57am Nov 14, 2025 7:57am
Quoting turnip15
{quote} Twenty trades without hopping about and changing things during those twenty trades. Stick to your approach. Modify later, if needed, for the next twenty trades, repeat if necessary Nothing rude Vid
Beautiful, turnip!
Life itself is a privilege, but to live life to the fullest is a choice
  • #1,894
  • Nov 14, 2025 6:44pm Nov 14, 2025 6:44pm
I had recorded a special Day of the Roulette Epiphany video to in honor of today being the 1 year anniversary of the Roulette Epiphany. Unfortunatley, after uploading it to youtube and posting it here I discovered that the audio did not record properly.

I will redo it tomorrow.
Life itself is a privilege, but to live life to the fullest is a choice
  • #1,895
  • Nov 14, 2025 6:58pm Nov 14, 2025 6:58pm
Hey vidvad, is that your real voice in the videos?
  • #1,896
  • Nov 15, 2025 5:52am Nov 15, 2025 5:52am
Inserted Video
Life itself is a privilege, but to live life to the fullest is a choice
  • #1,897
  • Nov 15, 2025 6:18am Nov 15, 2025 6:18am
Quoting vidvad
https://youtu.be/GV5GZcYHHJg
Great video. Thanks Vidvad.
every Saint has a past. Every Sinner has a Future
  • #1,898
  • Nov 15, 2025 4:56pm Nov 15, 2025 4:56pm
Quoting turnip15
{quote} Great video. Thanks Vidvad.

Average watch time is 7.53 minutes.

This is why 99.99999999999999999999999999999999999999999999999999999999999% of forexfactory members spin their wheels for months or years and then leave to join some multi-level marketing scheme.

Thanks for watching it, turnip. I hope you found it worth the while you spent with it.

Best to you, yours, and your trading in the coming New Year!
Life itself is a privilege, but to live life to the fullest is a choice
  • #1,899
  • Nov 15, 2025 6:20pm Nov 15, 2025 6:20pm
Quoting vidvad
{quote} Average watch time is 7.53 minutes. This is why 99.99999999999999999999999999999999999999999999999999999999999% of forexfactory members spin their wheels for months or years and then leave to join some multi-level marketing scheme. Thanks for watching it, turnip. I hope you found it worth the while you spent with it. Best to you, yours, and your trading in the coming New Year!
Hey I beat the average watch time !

I watched it all por supuesto !
Master your Mind,,,Master the Market
  • #1,900
  • Nov 16, 2025 2:19am Nov 16, 2025 2:19am
Quoting vidvad
https://youtu.be/GV5GZcYHHJg
Thanks Vidvad, for all the great videos. Also Blue and all the rest for posting, it is always a valuable help.
1 trader viewing now