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StoragePro replied Aug 10, 2009Yep - although, as you are certainly aware, a 365 alone is not enough - so it is a good thing we are back at a PPZ!
james16 Chart Thread
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StoragePro replied Aug 10, 2009Bull ... Sorry for going off here, but that about cinches it. You are not an MBT customer. Their is no way they do that. I AM an MBT MT4 customer (live) and they do NOT do that.
MB Trading Futures - Introduction
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StoragePro replied Aug 10, 2009No worries - It takes time. Yes - swing highs are the place for these bars. And your PB did not fail. It broke the bottom - went ot the bar highs, and reversed. Happens frequently that way against the trend.
james16 Chart Thread
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StoragePro replied Aug 10, 2009LVG pointed out the reason this trade did as it did - it ran into those bar highs and reversed. This trade was counter trend. When I trade counter trend, I always have conservative and firm TP's. But I find it these trades a little stressful anyway ...
james16 Chart Thread
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StoragePro replied Aug 10, 2009What were you trying to do? Buy, Sell? Which bar - you point at one,and mark others. Zoom in a bit and make it plain for us.
james16 Chart Thread
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StoragePro replied Aug 10, 2009I don't know about the news, but I do see that PB trading into a PPZ and round number. I'd be willing to buy a bounce off of the 1.9200 with PA. Or sell a sharp rejection of it. Waiting.... PPZ marked. Need some confirmation to get in.
james16 Chart Thread
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StoragePro replied Aug 10, 2009Contrarian here.
url Nothing has changed. PA from last week has said bear. If we get a close below 1.4150/61.8 fib area then is it firmly so. Waiting for more PA to tell me what to do, and ICCE will guide me from there. Fun times for all.ICCE. Bemac's Fib. Reverse Engineered
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StoragePro replied Aug 8, 2009A pibar at a PPZ and with confluence with a fib does indedd point towards a bounce down. How far? I have no idea, but look for bar highs and price flips underneath to know where price may stall. As far as a big drop - no one can read those tea ...
james16 Chart Thread
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StoragePro replied Aug 8, 2009Yeah - everyone has things to improve. I am going to take on the next six weeks to pointedly address mine. I am also going to sharpen what is strong already. Join me?
james16 Chart Thread
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StoragePro replied Aug 8, 2009A minor thought or two - it is Saturday — Happy Saturday everyone. I have been reading some of the commentary and would like to encourage our newer and learning traders to make simplicity the watchword. You'll read some of the seasoned traders ...
james16 Chart Thread
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StoragePro replied Aug 8, 2009Yes - just enough. I have a weird way of moving stops when the time is ripe for price to move - mainly, I wait for it to go before I adjust a SL. This adds risk, but on days like today, it pays off huge. Last July's EU drop was another place I did ...
james16 Chart Thread
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StoragePro replied Aug 7, 2009One last time — PA rules - and will very often tip its hand of the outcome of news. Have a look. url All you gotta do is trust. Does PA ALWAYS show the way in advance? NO. Often? YES. Is it more often right or wrong? You'll have to ...
james16 Chart Thread
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StoragePro replied Aug 6, 2009As usual you toss up some cool stuff. One thing has consistently bothered me about economics as a whole - the desire of the economist to reduce to a model, no matter how complex and impenetrable, human behavior. Depending on the decade, there are ...
james16 Chart Thread
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StoragePro replied Aug 6, 2009Nice trade Scott and well managed. It did what we expected. do several hundred more just like it!
james16 Chart Thread
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StoragePro replied Aug 6, 2009Yeah - it really does do that Jig... lets try an experiment on the EURUSD - and of course no one should construe this as something that should over ride your own thinking. IF YOU ARE PRONE TO LISTENING CLOSE TO OTHERS FOR YOUR TRADING ENTRIES - SKIP ...
james16 Chart Thread
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StoragePro replied Aug 6, 2009Yeah - it really does do that Jig... lets try an experiment on the EURUSD - and of course no one should construe this as something that should over ride your own thinking. IF YOU ARE PRONE TO LISTENING CLOSE TO OTHERS FOR YOUR TRADING ENTRIES - SKIP ...
james16 Chart Thread