THREE SET UPS

(login for full post details)

Speaking of trading before news..

(login for full post details)

Glad I was only watching... I had a gap up on fesx on my charts.

(login for full post details)

thanks for the great works.

really appreciate it.

(login for full post details)

Chicago PMI is released to paid subscribers 3 minute before the general release. It is not a leak per-se.

cunparis

Speaking of trading before news..

(login for full post details)

aviat72

Chicago PMI is released to paid subscribers 3 minute before the general release. It is not a leak per-se.

Thanks, I didn't know that. Forex Factory should put the time 3 minutes earlier then. That move really got me.

The "no trading 15 minutes before" is a good bet. Someone always knows the news release.

(login for full post details)

Inside bar ==> Iniside Bars and "fakeys"

Reversal bars ==> Pinbars

(login for full post details)

shodson

Inside bar ==> Iniside Bars and "fakeys"

Reversal bars ==> Pinbars

Pinbars are just reversal bars. They work well if they come after a correction and the trend resumes, if they are sitting on the edge of a trading range, of if they are fake bars (2B setup).

For the inside bars, it is important to have a preferred break-out and only tarde them if the breakout occurs in that direction. This could be the continuation of the trend or - in case your are in a final flag - a countertrend move, that is what he calls fake bars.

Thanks again for the examples.

(login for full post details)

Just observed this on 6E : a one tick failure after an inside bar. The concept of the preferred breakout direction, did not allow me to take the breakout to the upside, but what about the downside? Took the trade and was quickly stopped out with a 7 tick loss.

(login for full post details)

Fat Tails

Just observed this on 6E : a one tick failure after an inside bar. The concept of the preferred breakout direction, did not allow me to take the breakout to the upside, but what about the downside? Took the trade and was quickly stopped out with a 7 tick loss.

The bar engulfing the inside bar was just too small here FT. Frankly in FX 7 ticks is too small a stop. It is too volatile.

(login for full post details)

Fat Tails

Just observed this on 6E : a one tick failure after an inside bar. The concept of the preferred breakout direction, did not allow me to take the breakout to the upside, but what about the downside? Took the trade and was quickly stopped out with a 7 tick loss.

That's what you get when you trade during lunchtime in NYC.......also try a 15 minute chart.

Time of day matters!!

THREE SET UPS

Discussion in Trading Journals

THREE SET UPS

NinjaTrader Indicator Challenge!