I see Ryan online here.
- #302
- May 21, 2009 2:04pm May 21, 2009 2:04pm
- Joined Jul 2007 | Status: Screw Long Term 5min For Life! | 1,259 Posts
I see Ryan online here.
Keep taking CT trades, I need more money
- #303
- May 21, 2009 2:20pm May 21, 2009 2:20pm
- | Joined Aug 2007 | Status: I keep my eyes open | 1,108 Posts
For those who don't read J16 thread (and you really should 
), Ryanmcd said there that lately he sometimes (?often?) checks M15 and M30 to make sure that M5 is in line with those two TFs.
Also, the key is exiting around/at RR1; that way more of your trades will be winners (as opposed to trying to catch big waves and ending up with a loss).
), Ryanmcd said there that lately he sometimes (?often?) checks M15 and M30 to make sure that M5 is in line with those two TFs.Also, the key is exiting around/at RR1; that way more of your trades will be winners (as opposed to trying to catch big waves and ending up with a loss).
One Chart is Worth Ten Thousand Words.
Every ryan's post is "great lection"
he is the man, who should teach us in this thread.
he is the man, who should teach us in this thread.
For those who don't read J16 thread (and you really should
Also, the key is exiting around/at RR1; that way more of your trades will be winners (as opposed to trying to catch big waves and ending up with a loss).
- #305
- May 21, 2009 2:52pm May 21, 2009 2:52pm
- Joined Jul 2007 | Status: Screw Long Term 5min For Life! | 1,259 Posts
Keep taking CT trades, I need more money
- #307
- May 21, 2009 3:56pm May 21, 2009 3:56pm
Hi,
First post here,
After being on the daily for a few months, being in this thread feels like fast forwarding a hundred folds... I'm still trying to read from page one, but currently very sleepy, I'll reply more when I have the time.
I can assume right now that this thread is not for newbies of PA+SR or the faint hearted
First post here,
After being on the daily for a few months, being in this thread feels like fast forwarding a hundred folds... I'm still trying to read from page one, but currently very sleepy, I'll reply more when I have the time.
I can assume right now that this thread is not for newbies of PA+SR or the faint hearted
- #308
- May 21, 2009 4:36pm May 21, 2009 4:36pm
i took a real loss
today all of my positions hits my stop loss
But maybe that's just me, since I don't have loads of cash to throw around...
Stay Lucky
- #309
- May 21, 2009 4:45pm May 21, 2009 4:45pm
Yes sir that's right. Be sure to check out the first post of James to get into it. He has some free webinars too http://www.james16group.us/Guests/guestmaterial.html.
Personally I started by checking the last 20-30 pages and started following every page after that. And I've learned a ton of good stuff.
Jankone I hope you don't mind that I talk about J16 here in your thread. But I think it's essential for newbies who are not familiar with price action trading.
I can see that matte has a quality of determination and not giving up, he has that initial push to maybe make it in this business, I do agree that you point him to try and study on higher timeframes first before jumping down to this lightening fast thread... I'm still a newbie in PA too and I feel the speed of this thread, it's overwhelming...
I'm quite certain that Jankone was a master of higher timeframe PAs before he adapted this method from Ryan
and there's this statement from Jigsaw that this M5 TF is another breed of PA trading, not the same amount we're used to in the larger TFs.I'm very sleepy, so please forgive my mistakes on writings, if any.
Marcel
- #310
- May 21, 2009 4:50pm May 21, 2009 4:50pm
1- nice pin, no div, trend is changing down.
http://www.forexfactory.com/attachme...8&d=1240609448
........
Great thread and really high powered-lightening fast method you got here, Keep it up
- #317
- May 22, 2009 5:35am May 22, 2009 5:35am
- Joined Feb 2009 | Status: Borderline yahoo & oh-no! | 6,607 Posts
Why did you give up trading the Daily / 4HR ? (just wondering)
Jigsaw,
i was just gonna say that Patience & Boredom could be the factors. & somehow i was correct.
just like you eat the same food for years without variation, you will be bored and lose your passion.
herry_winandi,
u can still trade higher Timeframes while doing some scalps in between, can't u?
That would be a more palatable viand. Ryanmcd,
good to have been seeing u in here, james16 & the THV thread.
Any changes in your trading style/strategy?
just learned about your "trade&life history" about 1-3weeks ago. I definitely can relate to it.
Hey man,
j16 is great thread. I hope you like it here
I think each of you in here should take the time to demo. No explains.
you have to test this method and choose "your own style"...
for example : somebody is nervous when it's 15 min open, another person don't know what's really a+ setup and somebody don't know what is price action.
so, DEMO, DEMO, DEMO to your death and if you hate demo After time, you will be best and you can try small risk with minilots...
Yes, it's tough business, but I love it.
What post exactly is it?
j16 is great thread. I hope you like it here
Hi,
First post here,
After being on the daily for a few months, being in this thread feels like fast forwarding a hundred folds... I'm still trying to read from page one, but currently very sleepy, I'll reply more when I have the time.
I can assume right now that this thread is not for newbies of PA+SR or the faint hearted
I think each of you in here should take the time to demo. No explains.
you have to test this method and choose "your own style"...
for example : somebody is nervous when it's 15 min open, another person don't know what's really a+ setup and somebody don't know what is price action.
so, DEMO, DEMO, DEMO to your death and if you hate demo After time, you will be best and you can try small risk with minilots...
Yes, it's tough business, but I love it.
IMO I sincerely believe that one should take the time to demo a new method he/she learns with target of consistency in profitability for an extended period of time until he in confident enough in the method to trade it with real money.
But maybe that's just me, since I don't have loads of cash to throw around...
Stay Lucky
What post exactly is it?
Hi Jankone you might want to put that on the first post so the newcomers can find them with ease.
Great thread and really high powered-lightening fast method you got here, Keep it up
Hi Herry,
try to imagine poker cards. it's simple.
You don't play 2-10, you wait on doubles or JQKA.
This is same point, you don't care about bars.
You play BEST bars. and it's PIN with trend or pin+div in counter trend.
if not, you will lose your money, in poker with 2-10 too.
You can be lucky but you need to be profitable in the long term.
sooner or later.
Test it, make your plan, follow your rules and trade only a+.
try to imagine poker cards. it's simple.
You don't play 2-10, you wait on doubles or JQKA.
This is same point, you don't care about bars.
You play BEST bars. and it's PIN with trend or pin+div in counter trend.
if not, you will lose your money, in poker with 2-10 too.
You can be lucky but you need to be profitable in the long term.
sooner or later.
Test it, make your plan, follow your rules and trade only a+.
Hi Jankone,
my question is, how do you be so patient waiting for an A++ setup minute by minute ?
the system brings me a new approach in trading because i used to use H4/daily timeframe. i have never trade in 5m, but i thought i need a new style, i'm gonna try scalppp..