Wow that oil gap down had to u some panties in a bunch!

The power of range bars

Good week a few solid trades, tonite a good steak dinner then ice cold cervezas and some tequilla with the pretty senoritas down at the malecon.

The power of range bars

Turned out to be a good day 3 good trades all squeezes

The power of range bars

Room 217 is right if you spread on CL is 7 thats way to big a hole to start in, all futures on my platform spread equals 1 tick

The power of range bars

Hi PipMonkey, No I know what CL is, I wasn't sure what you meant by 7 point spread. To me spread is difference between bid and ask prices and 7 seems excessive, which made me think we are not talking about same thing. On my platform for instance CL ...

The power of range bars

Hi PipMonkey. not sure what you mean when you say spread on CL is 7 points? I like to trade futures charts of 5tick range bars or the ATR, If range bars are too small charts look choppier. The visual is important to me when I look at charts

The power of range bars

Real bore of a trading day, summer especially August so slow.

The power of range bars

Not much going on today. Caught .this oil trade for 30 ticks

The power of range bars

Some nice trades today Doc & FXPRO heres mine. DX had to chase a little due to news butit worked out ok, 6E caught nice divergence Could have caught upmove on 6E but was chasing DX at the time and I don't chase very often.

The power of range bars

Well there is certainly of whole lot nothing going on in the markets both futures and fx. Just a bunch of ugly charts. No trades.

The power of range bars

Hey Doc I like to keep things simple. I'm intelligent but that doesn't make me smart. Never trade ugly charts.

The power of range bars

Dr. Scalpall, The black dotted line is a 100ema and in general I'll just take trades when price is on right side of 100 ema. As for the 4 short term emas I like the optics. I use a similar system with 5 &12 emas with 55 ema and rsi. Visually this ...

The power of range bars

Mondays I trade futures only after NY market opens. I try to stay away from low volume charts. ZW(wheat) & CT(cotton) tend to have most movement. No squeeze trades today. But an old favorite I've been trading for a few years gave me a nice Bullish ...

The power of range bars

Here is a description of Linda Raschke LBR Bars as it shows on my trading platform inculding the math. Hope this helps everyone understand.

The power of range bars

Room 217, You got it bro it just the color of the bars

The power of range bars

I am trading range bars not renko bars. Yes the chart says 3 ticks because I am trading futures contract not forex. Also on think or swim platform when I trade forex the chart will show 50 ticks which is 5 pips just the way they do things. Below are ...

The power of range bars

image image Ok guys here are 2 charts one with linda raschke formulation and just plain range bars, from now on i will use the regular range bars on any posts. As i said previously not important I'm just used to looking at them. the top chart has ...

The power of range bars

Room 217, LOL my room number my freshman year at college in 1972. The range bar are slightly different they are a licensed study on my trading platform and were developed by Linda Raschke. Any green candles denote upside momentum, red of course ...

The power of range bars

Jeffray,I'll try to post pictures of my settings from my trading platform for you, please note I do not use any of the mt4 platforms. I don't like them. I trade on Think or Swim who has a platform I really like and I find real easy to use. Also note ...

The power of range bars

I'll reply to questions in order: 1) No I don't wait for a highly directional market. Since I'm day trading I rarely look at charts longer than 2 days in length. I look for charts that show periods of movement and consolidation. Don't care if its ...

The power of range bars