- Search Metals Mine
- chiba_san replied Mar 24, 2012
hi kenneth, near the end of your pdf, you mention, you know of no one who makes money trading afternoon, and that trading in the first 45 minutes to one hour gives the best chance. do you mean USA open? Because not all of us are in usa or uk...
B.S. Trading with Kenneth Lee
- chiba_san replied Mar 23, 2012
hi frank, Yes, i lost that trade too. although i put in a 50 pip Tp and SL. I was unwilling to abandon the trade unless it made a higher high and then some. which it ultimately did. but you're right, i think regarding supply and demand trading, all ...
B.S. Trading with Kenneth Lee
- chiba_san replied Mar 22, 2012
been using your teachings this week. I don't believe I've had even one loss for this week. As you can see, for this week, it's been great. I don't scale down or anything like that. i Just do 30 minute charts. using something like a 30->60 pip TP and ...
B.S. Trading with Kenneth Lee
- chiba_san replied Mar 15, 2012
hi nexas, I want to get your opinion on this: your tp exit point, for many systems, is the entry point. in an example of long trades, a lot of traders like to see the price go long, retrace and then go 1 or 2 pips above the previous high point (i.e. ...
Nexas's Intraday Range Bar Trading
- chiba_san replied Mar 14, 2012
nexas, in the past, did you ever try trading your method, but using normal time bars? edit: i mean the reason i ask is, in my opinion, any trendline break strategy using time bars would not work without having a very good understanding of s&r, and ...
Nexas's Intraday Range Bar Trading
- chiba_san replied Mar 13, 2012
smart, i've been thinking of doing that, cuz as i mentioned, i don't really have much time to trade typically. last week has been an exception. but gotta tell you one thing brother, mt4, it's the bomb when it comes to charting. problem is the ...
Nexas's Intraday Range Bar Trading
- chiba_san replied Mar 13, 2012
haha.... well, i must say that a 24 pip range bar does clear up the noise big time in this scenario... you would been able to catch the whole wave going down... is there a reason why you are using a 24 pip range bar? Nexas - would you say using as ...
Nexas's Intraday Range Bar Trading
- chiba_san replied Mar 13, 2012
Just curious, did anyone short the eur/usd @ 1.3090 with an approximate 40 pip target tp and 35 pip target SL? I did hours back and am still in it. this was according to the 8 pip range although I'm sure even higher pip range bar charts would show ...
Nexas's Intraday Range Bar Trading
- chiba_san replied Mar 13, 2012
nexas, look at the eur/usd drop! it's annoying when it falls like that and you can't get back in since it doesn't want to retrace...
Nexas's Intraday Range Bar Trading
- chiba_san replied Mar 13, 2012
are your ema bars back 256 or infinite? mine are on 256. it could also be cuz I don't have historical data, and it's using whatever I have to calculate. alternatively, I just eyeball the 5M chart on IB just to see if it's been going up or down. but ...
Nexas's Intraday Range Bar Trading
- chiba_san replied Mar 13, 2012
cinchona, so that's 55usd + another 50 usd you are paying? btw, per my chart, my ema's on the 8 range were all aligned and going down. was it like that on your's too? ...cuz nexas is saying his ema's weren't aligned.
Nexas's Intraday Range Bar Trading
- chiba_san replied Mar 13, 2012
Hi Nexas, Here you go, brother! Just one point to note, that entry you see in the center, was a mistake, I quickly sold it for like a couple pips profit in this scenario, but it was purely a mistake. The first time I got in was the only time you ...
Nexas's Intraday Range Bar Trading
- chiba_san replied Mar 13, 2012
hi all, just took 2 shorts on the eur/usd on the 8 pip range bar chart. first time got stopped out for a -9 pip loss. then I shorted again when it re-broke the trendline and made +17 pips. now waiting to get back in. nexas- with 6/10 and with a ...
Nexas's Intraday Range Bar Trading
- chiba_san replied Mar 12, 2012
my stops were per the rules. for interactive brokers, it's half a pip as a tick. so the mistake i was making before using 4 and 8 range bars was that they were actually 2 and 4 range pip bars. i now changed it to 16 range bars (8pips) and it's ...
Nexas's Intraday Range Bar Trading
- chiba_san replied Mar 12, 2012
took 3 trades today. all of which were between 1.5:1 and a 2:1 trade just now on the 8 range on the eur/usd. all 3 won. nexas, out of every 10 trades, what would you say is your experience in win trades versus loss? do you typically win 5/10 trades? ...
Nexas's Intraday Range Bar Trading
- chiba_san replied Mar 10, 2012
hi nexas, I couldn't do it using a 4 or 8 Range, I would keep getting stopped out, onlly for the trend to continue. this happens quite a bit. i changed it to a 15 range and a took the first or second retrace after a re-allignment of the ema's and ...
Nexas's Intraday Range Bar Trading
- chiba_san replied Mar 8, 2012
wow, the last two hours, on the eur/usd 8 range has been tough. i mean that complete move up, every single attempt to take a retrace would have been stopped out, only to shoot up right after... guess gotta take the good with the bad when we use ...
Nexas's Intraday Range Bar Trading
- chiba_san replied Mar 8, 2012
but that still doesn't make sense, since according to your chart, you would have been stopped out even before price ascended...
Nexas's Intraday Range Bar Trading
- chiba_san replied Mar 8, 2012
hi nexas, using 8 range on eur/usd, I've done well the last 2 days. I have not been able to hold on for a 1:2 risk to reward ratio. I just SL or TP at the last swing hi/low, so it's usually a 1:1 risk to reward ratio. Typically, when the ema's flip, ...
Nexas's Intraday Range Bar Trading