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- tradertt replied Aug 16, 2009
Cause what you are testing is actually say Inside bar on D1 and you go down to H4 to see if it closes above the D1 inside bar right? If that is so, this indicator can show on the H4 timeframe the high and low of a D1 inside bar to do the backtesting.
james16 Chart Thread
- tradertt replied Aug 16, 2009
Hi guys, Just in case anyone wants to do some testing on Inside bars on Multi Timeframe can use this indicator Just set the period to 1440 for Daily and 240 for H4 Hope it helps and remember to post any findings here lolz
james16 Chart Thread
- tradertt replied Aug 15, 2009
Thank you for explaining. I understand what you are talking about. Can I assume regarding PPZs alone, If I am trading the H4, Daily and Weekly Time frame, we can base it off the Daily and weekly PPZs and we need not use the H4 PPZs as a guide for ...
james16 Chart Thread
- tradertt replied Aug 15, 2009
Jarroo, do you draw PPZs on each and every time frame?
james16 Chart Thread
- tradertt replied Aug 13, 2009
Hey guys, Just want to do a poll here: Trading the different timeframes, how often do you enter trades per week/month in all your instruments that you moniter for PA Trades For example: H4 - 5 times a week D1 - 2 times a week Weekly - 1 time a month
james16 Chart Thread
- tradertt replied Aug 13, 2009
Yes you are right. Spotted that level only at the Past 1 month on the H4. Though the daily to me was a mess of lows at different levels spanning from 1.800 down to I think 1.7600 where PPZs could be drawn
Lolz maybe I am drawing them incorrectly ...james16 Chart Thread
- tradertt replied Aug 13, 2009
I dunno but cause of the low volatility late in the day, it may be unwise? Not too sure about this lolz
james16 Chart Thread
- tradertt replied Aug 13, 2009
ghous, Would you take a IPB so late in the day? Just wanted to check.
james16 Chart Thread
- tradertt replied Aug 13, 2009
Thanks Bundyraider, Saw your PM read through it once but have not gone through it in detail which it truely deserves. Will let you know if I have any questions
But GBPCHF have reversed on me. have not taken out my stop yet. The congestion area ...james16 Chart Thread
- tradertt replied Aug 13, 2009
Found a DBLHC today on the GBPCHF H4 timeframe. I am using 2 brokers now ... 2 hours difference in H4 timeframe closing. Damn after I missed the EURJPY pin bar cause of the brokers time difference, I check 2 different brokers now for setups lolz ...
james16 Chart Thread
- tradertt replied Aug 12, 2009
I understand.
What we are looking for is something more CONCRETE? Something that we can see and know that others will also see as significant resistance so that once it is broken and retraces back, there is a smaller chance of it being a false ...james16 Chart Thread
- tradertt replied Aug 12, 2009
Hi Mike, Thanks for the answer. Just want to confirm something as I was just viewing some of your videos on your breakout trades. From the video, I see that you based your breakout trades on the previous highs so don't quite understand what you ...
james16 Chart Thread
- tradertt replied Aug 12, 2009
Another breakout trade with trend being up, pin bar forming at former resistance area Broke out, retrace back and formed a pin However, the first point of resistance is at the top of the breakout which is around 90 pips away. MACD is also showing a ...
james16 Chart Thread
- tradertt replied Aug 12, 2009
Wondering if this qualifies as a breakout trade as taught by Mbqb11 Price consolidated, formed a top, broke out and now retraces back forming a pin bar at the former resistance. Never traded breakout trades with PA before so any advice would be ...
james16 Chart Thread
- tradertt replied Aug 12, 2009
I agree too and I think I am going to skip that trade. Does not seem to be at the best location for me to trade that BEOB. P.S. That chart I used was for my H4 time frame so you see a lot more PPZs on the daily as the spacings are so small
I have ...james16 Chart Thread
- tradertt replied Aug 12, 2009
USDCAD Daily - What do you think of this forming BEOB
james16 Chart Thread
- tradertt replied Aug 12, 2009
Thank you and sorry for the NAME CALLING lolz
Thank you for introducing me to IPBs. Great setup. By the way, you say you look at Multiple Bars to make up a PA, care to share a little what it looks like?
Is it like those 2 bars setups I posted?james16 Chart Thread
- tradertt replied Aug 12, 2009
Yeah maybe I was too "afraid" to let it run so I usually put TP slightly below the high/low

james16 Chart Thread
- tradertt replied Aug 12, 2009
Took 2 IPBs today based on GHOUS (did I spell your nick correctly) IPB One ended in profit The other ended in Breakeven - Think I moved my stop to breakeven too soon. Spooked by the PPZ that was just at my entry Did I do it correctly?
james16 Chart Thread
- tradertt replied Aug 12, 2009
Hi Jarroo, What is this Strong PPZ Levels and COnfluence that has to be taken into account? The Double Inside Bar have to form near PPZs? Or it is meant for trade management?
james16 Chart Thread