Musashi Trading Journal Using Range Bars | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Tick Bars and/or Range bars 5 replies

Small help with the code to count up-bars and down-bars 12 replies

I need Renko bars that also show inside bars 3 replies

It's interesting how different range bars are from regular bars 0 replies

Inside bars vs pin bars 3 replies

Attachments: Musashi Trading Journal Using Range Bars
Exit Attachments

Musashi Trading Journal Using Range Bars

  • #21
  • Sep 22, 2010 2:07am Sep 22, 2010 2:07am
Hi M - nice to see you posting. See the attached trade I just completed . Entry on the arrow and exit just below the next price level for +14. Is this the sort of trade you are suggesting?

Can I ask why use scalper candles?
Attached Image
  • #22
  • Sep 22, 2010 2:10am Sep 22, 2010 2:10am
Quoting orientos
Hi M - nice to see you posting. See the attached trade I just completed . Entry on the arrow and exit just below the next price level for +14. Is this the sort of trade you are suggesting?

Can I ask why use scalper candles?
Yes that's the sort of trade that I do.

I'm only using the scalper candles as part of a system that I'm working on which uses them for trend confirmation, that's all.

However price action and candles are primarily what I'm using.
  • #23
  • Sep 22, 2010 2:24am Sep 22, 2010 2:24am
Thanks M.
  • #24
  • Sep 22, 2010 2:45am Sep 22, 2010 2:45am
Quoting musashi
hi everyone,

i've been posting in the higher low, lower high thread a fair bit lately.

I have decided to start my own trading journal thread where others can follow my trades and i can help explain my trading style a bit better for those that might be interested.

My style is very much the same as that used in the higher low, lower high thread, that is using candlesticks and patterns to help identify possible turning points in the market. Which might be trend continuation or top and bottom reversals

i primarily trade around the 00 25 50 75 levels...
nice to see -- a thread on range bars-- i do trade with range bars with a 15 pips range
also -- my levels are 00 and 50 15500 15550 15600 and son on
here a few my trades on 2 of my system on 15 pips range bars
i also coded my own range bar
Attached Image(s) (click to enlarge)
Click to Enlarge Name: fxtradewin1.gif Size: 18 KB
Click to Enlarge Name: zibtrend.gif Size: 18 KB
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #25
  • Sep 22, 2010 2:51am Sep 22, 2010 2:51am
Is this what you meant -- please correct me if i am wrong
Attached Image (click to enlarge)
Click to Enlarge Name: 25grid.gif Size: 11 KB
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #26
  • Sep 22, 2010 2:54am Sep 22, 2010 2:54am
The trend continues...
Attached Image (click to enlarge)
Click to Enlarge Name: 8.jpg Size: 63 KB
  • #27
  • Sep 22, 2010 2:56am Sep 22, 2010 2:56am
Just like that...

This is a TP market....
Attached Image (click to enlarge)
Click to Enlarge Name: 6.jpg Size: 129 KB
  • #28
  • Sep 23, 2010 9:58am Sep 23, 2010 9:58am
Thank you Musashi for your reply.

I am working with the 7pip range bar and also try to ride the wave / breakouts like you do. My exit is a bit different, because I like to compound by adding positions on new breaks in the same direction. For examples at the beginning of this week I added 500 pips with the EURUSD. Ofcourse this will not always work. :-(

Regards,
Piet
  • #29
  • Sep 28, 2010 7:30am Sep 28, 2010 7:30am
After hitting some draw down... recovered quite well.

Can be an emotional roller coaster at times this trading business.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 58 KB
  • #30
  • Sep 29, 2010 6:29am Sep 29, 2010 6:29am
The trend continues.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 60 KB
  • #31
  • Sep 30, 2010 1:06am Sep 30, 2010 1:06am
Sold EJ reached target at next round number.

+0.6%
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 117 KB
  • #32
  • Oct 14, 2010 8:35am Oct 14, 2010 8:35am
HI Musashi, congratulations, good job. could you share the indicator that are you using below?
Humble & Kalcker CLO2 = Covid killer
  • #33
  • Oct 15, 2010 5:58am Oct 15, 2010 5:58am
Quoting Musashi
After hitting some draw down... recovered quite well.

Can be an emotional roller coaster at times this trading business.
Hello Musashi,
Thank you very much for starting a Your own thread,I too following you.This thread defiantly beneficial to Range bar chart traders like me.
Just for curiosity,please post some snapshot of your trades which had hit protective stops especially between 20th to 25th Sept,2010.
  • #34
  • Oct 23, 2010 9:24pm Oct 23, 2010 9:24pm
Hi guys,

im a range trader also....i have some ideas that might help some of you...im hoping to learn a littlemore also.i trade 20 range bars with a macd....3,15,1...

when it crosses the zero line enter....

dojirock
Attached Image (click to enlarge)
Click to Enlarge Name: 926a.gif Size: 36 KB
  • #35
  • Oct 24, 2010 8:23am Oct 24, 2010 8:23am
Quoting dojirock
Hi guys,

im a range trader also....i have some ideas that might help some of you...im hoping to learn a littlemore also.i trade 20 range bars with a macd....3,15,1...

when it crosses the zero line enter....

dojirock
Hi dojirock,
But your chart not seems range bar chart,please check your range bar chart indi.
  • #36
  • Oct 24, 2010 3:56pm Oct 24, 2010 3:56pm
Hi Joyy,

Sorry about that, I have a heiken ashi bar overlay, i use to use to keep me in a trade longer....range bars are underneath... I will remove from future charts.

dojirock
Attached Image (click to enlarge)
Click to Enlarge Name: 1015.gif Size: 40 KB
  • #37
  • Oct 26, 2010 3:14am Oct 26, 2010 3:14am
Since start of October.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 103 KB
  • #38
  • Oct 26, 2010 3:19am Oct 26, 2010 3:19am
Great Job !
It will be great if you could post your trades here
so we can all learn ...
Tks
David
Quoting Musashi
Since start of October.
  • #39
  • Oct 26, 2010 3:34am Oct 26, 2010 3:34am
Quoting david4u
Great Job !
It will be great if you could post your trades here
so we can all learn ...
Tks
David
Ok mate, I'll do that.
  • #40
  • Oct 26, 2010 4:40am Oct 26, 2010 4:40am
Hit resistance at the 75 Level... Price was past it's ADR (Average Daily Range)

Looked for a reversal Pattern.

Hit Support Zone so exited +18 Pips.

+0.77% increase to equity
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 95 KB
Click to Enlarge Name: 2.jpg Size: 90 KB
Click to Enlarge Name: 3.jpg Size: 92 KB
Click to Enlarge Name: 4.jpg Size: 90 KB
0 traders viewing now