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- Sutts replied Mar 25, 2010
EJ retrace took me in...for better or worse!
Intraday price action trend trading
- Sutts replied Mar 25, 2010
May I ask where your stop is francis?
Intraday price action trend trading
- Sutts replied Mar 25, 2010
Was that a short off the close of the green hammer like candle?
Intraday price action trend trading
- Sutts replied Mar 25, 2010
Wow, that was close Kurt. Hope things are turning around now for us.
Intraday price action trend trading
- Sutts replied Mar 25, 2010
I know what you mean francis. I just see a signal bar and place a limit order according to my max risk parameter and then hope for the best. I have missed many moves this way though. I think I need to go for 15 pip risk entries instead of 10. I've ...
Intraday price action trend trading
- Sutts replied Mar 25, 2010
Hoping for a retrace to enter on smaller risk.
Intraday price action trend trading
- Sutts replied Mar 25, 2010
EJ could form a nice signal off the central channel line yet.
Intraday price action trend trading
- Sutts replied Mar 25, 2010
I'm with you on that one Kurt. Doesn't look too great at the moment tho.
Intraday price action trend trading
- Sutts replied Mar 25, 2010
That was a beauty francis, well done.
Intraday price action trend trading
- Sutts replied Mar 25, 2010
Bye Sho, thanks for all your great help today.
Intraday price action trend trading
- Sutts replied Mar 25, 2010
Yes, I'll try some slightly higher risk parameters for a while Sho. Can you comment on the entry that Milton has just posted above please? Seems like a nice low risk entry point and I don't think the momentum is overly bearish yet.
Intraday price action trend trading
- Sutts replied Mar 25, 2010
-8 LOL. I don't feel bad though as I spotted most of the good entries today. I just failed to get in with my risk parameters as they are. I'm beginning to see there's a very fine line between success and failure in this game. This comes with ...
Intraday price action trend trading
- Sutts replied Mar 25, 2010
Can we do anything with the IB on GU?
Intraday price action trend trading
- Sutts replied Mar 25, 2010
Nah, 2 pips below bottom of green hammer! I figured if price was going to go up it would have done by then. Was hoping for a bit more of a move down though. I moved my stop to B/E quite quickly as I knew I'd missed the main move that Sho caught.
Intraday price action trend trading
- Sutts replied Mar 25, 2010
You didn't miss much. I got stopped out B/E. Think it was worth a shot.
Intraday price action trend trading
- Sutts replied Mar 25, 2010
I sold the failure of those 2 pins bars on GU. I'm hoping price reaches the 61.8 retrace of the big move up. B/E now.
Intraday price action trend trading