- Search Energy EXCH
-
benji533 replied Aug 27, 2009Yea, that's right. No one is wrong, just different styles. I didn't not say that I do not pay attention to them. To quote myself, I have said that most of the time I do not base my entries only on pure PPZ levels. I said I do pay attention to them ...
james16 Chart Thread
-
benji533 replied Aug 27, 2009round numbers...again... — I was back testing and checking all this "round numbers" topic lately, and here is my take on the connection between round numbers and PPZs: I have noticed that many treat charts like robots, meaning that they see a ...
james16 Chart Thread
-
benji533 replied Aug 27, 2009Bad winners — Hey Joel, Just thought to use your post in order to mention something. A bad winner: is a so-so setup that doesn't fit your rules, but you still take, and it becomes a great winner. That is one of the most dangerous things IMO, ...
james16 Chart Thread
-
benji533 replied Aug 27, 2009I'll add against the trend, not a big bar relativity to other recent bars, and nothing very special supporting you except of divergence which is a killer in trending markets
Congrats on the nice trade you had on the earlier post
Benjames16 Chart Thread
-
benji533 replied Aug 27, 2009Here is another great example. I am still flowing this. I already made a few posts about this trade...IT WORTH IT. Look at my post from last week. There was a BUOB, but I didn't take it. I have plotted arrows at different availed (according to ...
james16 Chart Thread
-
benji533 replied Aug 27, 2009You are old? You must be kidding me. You and me not THAT different. Our minds as well. Maybe the day when little kids will work instead of the parents in house is not that far
But yes, your words make sense man. Benjames16 Chart Thread
-
benji533 replied Aug 27, 2009HAHAHA I went to bed huging my barney and spongebob toys yesterday
I know you are jealous
Benjames16 Chart Thread
-
benji533 replied Aug 27, 2009You are welcome
I trade this pattern a lot. It works. Mike is the master of it though
Basically, after I have my pattern drawn, it is all a matter of patience. I wait for a breakout, pullback to the trend line, and then a PA confirmation on ...james16 Chart Thread
-
benji533 replied Aug 27, 2009IT IS DEFINITELY ONE OF THE EASIEST THINGS TO DO. Hey supermatt, it is all in your head! I am telling you, I did a little research, read smart guys posts, built my method (or their method, lol), and apply it. It is really simple. Trading is not a ...
james16 Chart Thread
-
benji533 replied Aug 27, 2009I agree 100% Joel. I have till now 18 winners and 2 loosers from these trades!!! It works! This is a trade I have missed cause I wasn't around...but it was on my list and I would being taking it without a doubt if I was around. It is a clear ...
james16 Chart Thread
-
benji533 replied Aug 26, 2009That is probably a part of your method or some thing I guess. But just see where your trade stalled..major round number...on the pip..and also before: By the way, most of the time these numbers create the PPZs...I guess? Ben
james16 Chart Thread
-
benji533 replied Aug 26, 2009Hi rac, That is a pretty cool trade. Just a question..based on what did you enter? I can see that your entry is before the break of the pin...right? And by the way, look how it stopped exactly on a round number
Thanks, Benjames16 Chart Thread
-
benji533 replied Aug 26, 2009Sorry if I have missed something in the last few pages...based on what did you enter this trade? Ben
james16 Chart Thread
-
benji533 replied Aug 26, 2009Some trades... — It was a busy trading day for my...after missing yesterday trades... I had 4 intraday trades...4 are winners
and another two open on daily. Not king of R:R, but happy. I think I am not as picky as I should
...but ...james16 Chart Thread
-
benji533 replied Aug 25, 2009LOL That means...I'm too bad, or you are too good...or..

Nice to meet you rac
Benjames16 Chart Thread
-
benji533 replied Aug 25, 2009SP - where are you? remember this one? Any chance you got the entry at the second red arrow? It's fantastic watching a trade going exactly how it should. I really like this stuff
Benjames16 Chart Thread
-
benji533 replied Aug 25, 2009Hi Billy, The seniors may have a better take on this, but without checking anything on my chart, only seeing your chart, I can say that personally I try to prevent taking pins that are relatively small to all the other bars in the area, especially ...
james16 Chart Thread
-
benji533 replied Aug 25, 2009
I am glad you think it is good as well!...and that you made some pips
I think that maybe this kind of style won't have any giant R:R, but together the trades can provide good enough results. The 15min BEOB is great, now I see it....that even ...james16 Chart Thread
-
benji533 replied Aug 25, 2009Last one — Hey guys, sorry for all my posts lol....but I must post this for example. I was out most of the day today...so missed many goodies. Look at the yen pair. This is a good round number example. Not large R:R, but I would still take it. ...
james16 Chart Thread
-
benji533 replied Aug 25, 2009It is EMA. Try plotting the 365EMA and 150EMA on your charts....then scroll back and see how they act nicely as support and resistance
Benjames16 Chart Thread