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James16+Rayanmcd(Jan kone) and ME 7 replies

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Jankone M5 thread

  • #4,481
  • Mar 2, 2012 4:16am Mar 2, 2012 4:16am
This first winner since I started to demo this method

A bit concern about long candle before..
But, I decided to enter because of

1) strong trend

2) good pinbar bouncing off the 21ma

3) it seems no recent S/R area

my TP was most recent S/R area from 1hr chart
result +35 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 201232 EURUSD PB.jpg Size: 162 KB
  • #4,482
  • Mar 5, 2012 2:17am Mar 5, 2012 2:17am
pinbar with trend.
but I was not sure it was at good location.
so I agressively moved SL after +10pips
after few bars I didn`t like it and got out with +8pips
Attached Image (click to enlarge)
Click to Enlarge Name: 201235AUDUSD PB.jpg Size: 149 KB
  • #4,483
  • Mar 5, 2012 3:46am Mar 5, 2012 3:46am
Hey,
Nice to see you´re doing good
Didn´t have a lot of time to trade last week but will post some trades(hopefully) this week.
  • #4,484
  • Mar 6, 2012 2:48am Mar 6, 2012 2:48am
First CT trade.

Pinbar + Div, 1:1 RR
+10 pips

Actually, I feel my SL was too short compared to ATR(14) = 15pips
This time, SL was rescued bu just 0.1pips.

I am still not sure flat 10pips SL is good strategy or not
Attached Image (click to enlarge)
Click to Enlarge Name: 201236 EURJPY PB.jpg Size: 132 KB
  • #4,485
  • Mar 6, 2012 2:50am Mar 6, 2012 2:50am
Quoting stockEX
Hey,
Nice to see you´re doing good
Didn´t have a lot of time to trade last week but will post some trades(hopefully) this week.
I am still confused about many things using this method.
But, just doing it !

Hope to see your trade soon
  • #4,486
  • Mar 6, 2012 5:26am Mar 6, 2012 5:26am
Today`s another 2 trades
(I only trade during 3~4hours from EU open)

AUDUSD
Pinbar with trend + 21ma + S/R zone

I thought this one is A+ setup but stopped out.
-10pips

EURJPY
Pinbar with trend + Div

Seemed not a best position but with trend + Div, I entered.
TP was nearest S/R zone

+24pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 201236 AUDUSD PB.jpg Size: 148 KB
Click to Enlarge Name: 201236 EURJPY PB2.jpg Size: 128 KB
  • #4,487
  • Mar 6, 2012 7:03am Mar 6, 2012 7:03am
Caught this one on EURJPY.
Pin with Trend Stoploss was 12pips.

NOTE: I´ve seen in from your Charts that your RSI is adjusted wrong It should be RSI(6).

Keep up the good work mate
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.PNG Size: 40 KB
  • #4,488
  • Mar 6, 2012 7:33am Mar 6, 2012 7:33am
I missed the entries on these, but they look like pretty good setups.

Attached Image (click to enlarge)
Click to Enlarge Name: 2012-05-06 eurusd 5m - pb.gif Size: 16 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 2012-05-06 usdchf 5m - pb.gif Size: 16 KB
skype: ststroud. let's talk trading.
  • #4,489
  • Mar 6, 2012 7:35am Mar 6, 2012 7:35am
Got this one...CT PB with some divergence.

Attached Image (click to enlarge)
Click to Enlarge Name: 2012-05-06 eurjpy 5m - pb ct.gif Size: 16 KB
skype: ststroud. let's talk trading.
  • #4,490
  • Mar 6, 2012 9:20am Mar 6, 2012 9:20am
Should have held that trade longer
A trailing stop would have worked well with this trade ,and I have seen a lot of runners on Pinbars with Trend.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY2.PNG Size: 31 KB
  • #4,491
  • Mar 6, 2012 9:36am Mar 6, 2012 9:36am
I was stopped out on the last eur/jpy setup I posted. Conservative TP hit for +14 pips on this one. PB with the trend, off of 106.00 and almost touching the 21 ema.

Attached Image (click to enlarge)
Click to Enlarge Name: 2012-05-06 eurjpy m5 - pb trade.gif Size: 16 KB
skype: ststroud. let's talk trading.
  • #4,492
  • Mar 6, 2012 11:41am Mar 6, 2012 11:41am
Quoting stockEX
Caught this one on EURJPY.
Pin with Trend Stoploss was 12pips.

NOTE: I´ve seen in from your Charts that your RSI is adjusted wrong It should be RSI(6).

Keep up the good work mate
Thank you for pointing out this mistake !
I corrected it.
Today`s chart is wonderful
  • #4,493
  • Mar 6, 2012 4:29pm Mar 6, 2012 4:29pm
Three good trades for +10 each trade today!
Attached Image (click to enlarge)
Click to Enlarge Name: 12121.jpg Size: 96 KB
  • #4,494
  • Mar 6, 2012 5:25pm Mar 6, 2012 5:25pm
Quoting biDc
Three good trades for +10 each trade today!
amazing !
It`s a shame that I don`t trade during US session.
  • #4,495
  • Mar 7, 2012 1:03am Mar 7, 2012 1:03am
USDJPY

Pinbar with trend (?)
Stopped out -8
Just one of bad trade?

EURUSD

CT trade
Pinbar with Divergence (too weak?)
I didn`t take this setup because market movement was uncomfortable and not sure about setup

Any analysis would be appreciated
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 201237 USDJPY PB.png Size: 27 KB
Click to Enlarge Name: 201237 EURUSD Q.jpg Size: 153 KB
  • #4,496
  • Mar 7, 2012 5:36am Mar 7, 2012 5:36am
HMMMM....
The first trade is in a very choppy market(lots of traffic), and there is no real trend going on, would be better to look at it zoomed out to see the Big Picture.
I wouldn´t have taken this trade.Also some Setups will fail no matter how good they look.

Second trade looks good ,clear divergence.First trouble Area would be the yellow Marker.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.PNG Size: 153 KB
  • #4,497
  • Mar 7, 2012 8:37am Mar 7, 2012 8:37am
Bah
I missed this. It was a good one though.Ces´t la vie.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.PNG Size: 42 KB
  • #4,498
  • Mar 7, 2012 12:50pm Mar 7, 2012 12:50pm
One trade for me here today
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 34 KB
  • #4,499
  • Mar 7, 2012 8:19pm Mar 7, 2012 8:19pm
Quoting stockEX
HMMMM....
The first trade is in a very choppy market(lots of traffic), and there is no real trend going on, would be better to look at it zoomed out to see the Big Picture.
I wouldn´t have taken this trade.Also some Setups will fail no matter how good they look.

Second trade looks good ,clear divergence.First trouble Area would be the yellow Marker.

Thank you for good analysis
I can learn from it!

I found this thread 2years ago, but just bookmarked and forgot.
Now, I am happy that this thread is still alive and lots of gems inside that I could learn from it.
Hope this thread becomes more and more active
  • #4,500
  • Mar 7, 2012 11:01pm Mar 7, 2012 11:01pm
A bit late but Im betting on the sr level, there has to b some stops and leftover buy orders the big guys want to trigger.

Attached Image (click to enlarge)
Click to Enlarge Name: jk1.gif Size: 39 KB
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