Jankone M5 thread | Page 14 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

James16+Rayanmcd(Jan kone) and ME 7 replies

Attachments: Jankone M5 thread
Exit Attachments

Jankone M5 thread

  • #261
  • Apr 27, 2009 11:13am Apr 27, 2009 11:13am
europe session is good too. Primary, I trade USA session. Both of them are good.
I dont know how about JPY/australia session.
Quoting stoli7188
jank just curious.. what time do you generally watch for these 5minute setups? have you experimented at all and found other sessions to be more reliable/profitable?
  • #262
  • Apr 27, 2009 11:13am Apr 27, 2009 11:13am
I'd like to post a trade I took last night during Asia session. The setup wasn't A+ imo, but this trade still worked out. In this case, I closed 1/2 of my position at +10 and pulled my SL to BE.

Cheers.
Tyler
Attached Image
  • #263
  • Apr 27, 2009 11:25am Apr 27, 2009 11:25am
is it true ?
Attached Image (click to enlarge)
Click to Enlarge Name: pinbar12 .gif Size: 22 KB
  • #264
  • Apr 27, 2009 11:35am Apr 27, 2009 11:35am
i'm my opinion is not good. it's trading range, it's not the best condition..
  • #265
  • Apr 27, 2009 2:17pm Apr 27, 2009 2:17pm
1- nice pin, no div, trend is changing down.
http://www.forexfactory.com/attachme...8&d=1240609448

2- nice pin nice div - but pls use div from close to close (from last swing low to pin close)

http://www.forexfactory.com/attachme...9&d=1240609459

3- no trade, no div , but nice pin only

http://www.forexfactory.com/attachme...1&d=1240609479

4- nice pin nice div, but again, use div from close to close (I found it more reliable - because when you want to setup your rsi, you can see it's 6 for close)
http://www.forexfactory.com/attachme...2&d=1240609492

5- nice div, nice pin.
http://www.forexfactory.com/attachme...3&d=1240609505

6- not bad as fast trade imo, div pin
http://www.forexfactory.com/attachme...4&d=1240609515

7- ct, but div pin, again mb possible fast trade.
http://www.forexfactory.com/attachme...1&d=1240609469

Quoting matte
here comes several pinbar i've found in the last 2 days over the 8 cross i look. everyone is welcome to comment them. i'te tried to select only the best, in fact, there are just a few.
  • #266
  • Apr 27, 2009 2:21pm Apr 27, 2009 2:21pm
This is what i mean. black line is mine.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture8.PNG Size: 30 KB
  • #267
  • Apr 27, 2009 2:23pm Apr 27, 2009 2:23pm
this is very nice div and screaming pin bar 'trade me"
Quoting greenBarret
I'd like to post a trade I took last night during Asia session. The setup wasn't A+ imo, but this trade still worked out. In this case, I closed 1/2 of my position at +10 and pulled my SL to BE.

Cheers.
Tyler
  • #268
  • Apr 27, 2009 2:34pm Apr 27, 2009 2:34pm
Just for new experience, for you guys
Missed, I was with m5.
look at these great m30 setups

This is really universal "system"

It was too nice, i really need to post it.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: nice trend.gif Size: 21 KB
Click to Enlarge Name: best 2.gif Size: 21 KB
Click to Enlarge Name: nice ct.gif Size: 21 KB
  • #269
  • Apr 28, 2009 9:18am Apr 28, 2009 9:18am
Thanks man,

I think I'm starting to get better at this method. Here's another trade I took last night at the end of Asia session on AUD/USD. The bounce was off strong support at 0.7000, good for 10 pips certainly.

I was wondering if you can clarify one thing. When a pinbar closes, do you enter immediately or do you wait for break of its low/high point (as per James16/Jarroo) ?

Tyler

Quoting Jankone
this is very nice div and screaming pin bar 'trade me"
Attached Image
  • #270
  • Apr 28, 2009 9:39am Apr 28, 2009 9:39am
Quoting greenBarret
Thanks man,

I think I'm starting to get better at this method. Here's another trade I took last night at the end of Asia session on AUD/USD. The bounce was off strong support at 0.7000, good for 10 pips certainly.

I was wondering if you can clarify one thing. When a pinbar closes, do you enter immediately or do you wait for break of its low/high point (as per James16/Jarroo) ?

Tyler
I'm not sure how jank does it but it is much safer to wait for the break of the pin bar. Something you should test yourself but in my experience if you set a limit order a few pips from the low of the pin bar and wait for the bar to break before entering, it will help protect you for those less than A+ setups you may come across.

Then again everyone trades different and has a different comfort zone. Bottom line is when starting out though its much safer to wait for a break.
  • #271
  • Apr 28, 2009 10:24am Apr 28, 2009 10:24am
nice, but pin bar could be bigger, and it would be A+ :-)
I dont wait for break, I open a trade when a pinbar closes. (it takes usually a smaller SL and some pips more for me )

Quoting greenBarret
Thanks man,

I think I'm starting to get better at this method. Here's another trade I took last night at the end of Asia session on AUD/USD. The bounce was off strong support at 0.7000, good for 10 pips certainly.

I was wondering if you can clarify one thing. When a pinbar closes, do you enter immediately or do you wait for break of its low/high point (as per James16/Jarroo) ?

Tyler
  • #272
  • Apr 28, 2009 11:11am Apr 28, 2009 11:11am
Quoting Jankone
nice, but pin bar could be bigger, and it would be A+ :-)
I dont wait for break, I open a trade when a pinbar closes. (it takes usually a smaller SL and some pips more for me )
Another option is to wait for the break, but set SL at, say, 50% of PB's length. The break of PB "validates" it; if the setup is good, price should move fast and should not be retracing more that 50-75% of PB. But then again, we are all different
One Chart is Worth Ten Thousand Words.
  • #273
  • Apr 30, 2009 5:19pm Apr 30, 2009 5:19pm
another trade,not m5, but want show you, it's working everywhere :-)
Really AA++ again.
GREAT trend pinbar and huge divergence. my favourite setup
Attached Image (click to enlarge)
Click to Enlarge Name: again great a+.gif Size: 18 KB
  • #274
  • May 1, 2009 6:16am May 1, 2009 6:16am
There was nothing on m5
but look at this, this is another absolutely AA++. just closed.
Attached Image (click to enlarge)
Click to Enlarge Name: again great a++.gif Size: 21 KB
  • #275
  • May 1, 2009 7:17am May 1, 2009 7:17am
Hi Jankone. when you see a nice set up can post it before that the closure of the trade? it's a problem for you?
  • #276
  • May 1, 2009 8:08am May 1, 2009 8:08am
I dont think so.
But look at m15 setup and check 1min graph, when a pinbar closes, in first seconds it goes down 10-15 pips .really great and fast trade

Quoting matte
Hi Jankone. when you see a nice set up can post it before that the closure of the trade? it's a problem for you?
  • #277
  • May 1, 2009 8:29am May 1, 2009 8:29am
you trade M5 o M15, i'm not understanding..
  • #278
  • Edited 9:10am May 1, 2009 8:59am | Edited 9:10am
m5 primary. but this was really nice.

(I just want to show you, this method works every timeframe and every market)

Quoting matte
you trade M5 o M15, i'm not understanding..
  • #279
  • May 1, 2009 9:21am May 1, 2009 9:21am
Nice Jankone,

Agreed on the EURUSD 15Min, got in on that one myself.

Jankone have you be any chance an indicator that will tell you the high and low in pips of the previous candle so I could quickly work out my MM instead of having to get that pesky crosshair thing. ?
  • #280
  • May 1, 2009 9:36am May 1, 2009 9:36am
EURCHF M15
how do you rate this?
would you enter in this trade?
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 79 KB
1 trader viewing now