Inside Bar Trading

Anyone take any notes from today's instruction from Jim? I just got off work and couldn't attend the chat.

thx,
todd

Hi,

I have been following this thread since Day 1 and done some backtesting. I am quite convinced that this method works but I think a good study of price action is required to get the most of this system.

It would be great if I can get a chance to participate in the trading room. As I am having some problems with my PM, I would appreciate if Lynette or anyone else can PM me with the details of the chat room.

Wishing you all a very Happy and Prosperous New Year!!!

Hello everyone,

This thread is fantastic! Everyone (except a few) have posted sensible, productive and informative information, and that,s all thanks to Jim and his instant action. Its hard to read threads that go on wild tangents and eventually include other strategies. confusing.

Jim is obviously very confident of his approach, hence wont stray from it!

I trade using PAT software which has worked out well to date trading the BFC's, although, Jims method is finding allot more and so far through observing the trades from the beginning of this thread, the strike rate along with the MM have really got my attention.

Fantastic work JIM and everyone else involved. Much appreciated.

I am a full time trader, so you will be hearing from me often.

Shan.

Happy New Years!

I had this window open for a bit just refreshing my memory and going over some of this. This may be helpful for some newer traders or others that don't mind glancing over some basics on S/R lines, trend lines, candlesticks and some formations, etc.

http://www.mecklai.com/mecklai/newwe...ningcenter.asp

Sometimes reading something like this after a break you'll see some things you havn't before or gain a new perspective after reading this thread.

Good luck guys,

Jonas

I'd love to know how the "room" is developing if anyone has been involved?
Shan

Over the holiday, it hasn't really been used, apart from Jim last night. I would think this Monday it will get going properly as everything should be back to reasonable normality.

Thanks Lynnette and thanks for al your input to this thread also.
Much appreciated.

How would I go about contributing in the room on Monday?

Shan.

Here is the picture Lynnette.

Please help

Hello Guys can you help me how to get to this chat rooms with our topis "inside bar trading"

Hi Lynnette and all.
I managed to enter the room I believe as entering a little different but am unsure if anyone is in the room right this minute as I have noone on the members list. If someone is in the room can you please post on this forum to let me know...

Cheers.

I couldn't sneak past the wife to get in here last night. I promised her I would not get on the computer untill Sunday night, therefore I couldnt get in last night. I left a message in the room. But she is asleep now...LOL and I made 100 pips this morning using IB's, Candlestick patterns and Fib levels.

Jim

I'm glad you managed to get into the room Juicy, let me know if you have any other problems. There is probably nobody in there as yet Juicy, we will probably work on a proper schedule this weekend and post it here.

Spartan and Shan I will send you a pm with the details you need, if anyone hasn't received the details that has requested it, send me a pm now and I will get it done today. Things have been a bit hectic here what with my job and Christmas etc., but hopefully its settled down now

You can see the IB I caught this morning and I drew my Fibs after it found support and now I am waiting for a candle pattern that will show me that it is going to bounce off of this 61.8 Fib level and continue lower.


Jim

Notice the huge rejection off of the 61.8 Fib level. And how that particular Fib level is right there where the DTL is. I will be looking for an IB to form after this candle and a break short.

Jim

Tried sending you a pm Shan but it wouldn't let me. Have you got pm's turned on in your profile?

Keep in mind the Manufacturing news at 10

HI Everyone,
Where do i turn on PM it on in profile?
I have checked the box to be contacted but that diddnt work for PM.
Shan

Did you know that you can have $500,000.00 after 1 year of trading and only accumulating 20 pips a day. There is a martingale formula that will let you do this if you have a system that gets 80% positive trades.

Jim

See all these confirmation candles right at this DTL that are showing possible change of direction. I knew this was going down. I was so confident I traded this one on my mobile phone.

Jim

Bad news for US, screwed my plans