- Search Energy EXCH
-
StoragePro replied Jun 24, 2009Mike does not need anyone to tell him he is right - but check out this chart - 4hr GC. I marked a flip at 1.7470 with a bunch of clear touches and rejections. It is an area of interest going back to at least 1995 and strong interest since last ...
james16 Chart Thread
-
StoragePro replied Jun 24, 2009Smart. Proper sleep is a must for clear headed thinking and decision making. As fun as this all can be, missing proper sleep is a sure-fire path to burnout and burning accounts.
james16 Chart Thread
-
StoragePro replied Jun 23, 2009There is no pat answer for that. Sometimes just 2 or 3. I used to take on B+ PB's more often and just move in the stops fast and the TP's in tight. That seems to add stress to my life I do not need. If you want to do that, please demo it to ensure ...
james16 Chart Thread
-
StoragePro replied Jun 23, 2009Well - if we do get a PB, and you know where trouble will start, and you can manage the trade accordingly, you can take a B trade. For my dollar, I stick with the A+ trades.
james16 Chart Thread
-
StoragePro replied Jun 23, 2009Posted this chart elsewhere yesterday and today. ICCE was as big help in building confidence in most of the trades marked. When confluence exists with the ICCE, it is a strong indication something is gonna happen. And I am not even utilizing those ...
ICCE. Bemac's Fib. Reverse Engineered
-
StoragePro replied Jun 23, 2009I was noodling on a blind entry - but being a chicken-man, I did not. Did anyone enter this blind? Just curious. So far, nice trade off of the PB. Almost at 1R. I like this four hour stuff. I can do it at work without missing doing my job... In ...
james16 Chart Thread
-
StoragePro replied Jun 23, 2009It happens. A few months back we went almost a full month without a decent daily setup - and BAM - 4 or five in just a couple days at the end of the month. If you can hold on till they present themselves, you'll be making very good money as a result. ...
james16 Chart Thread
-
StoragePro replied Jun 23, 2009Got my wish! Price went to the top of the marked channel (Good Price!) and then presented two PB's before bed time last night. Right back in on the reverse and locked in profit. Interestingly, and predictably, price is having some trouble at ~134 ...
james16 Chart Thread
-
StoragePro replied Jun 22, 2009Something different for you. One of the things that caught my attention was that you can take any system of methodology and make it stronger with PA. here is something new I am working on. ICCE from Bemac. It is not recommended by me, nor should ...
james16 Chart Thread
-
StoragePro replied Jun 22, 2009True - some good in there - but here is why I am really careful about whom I listen to or read about. url We are/become who we associate with.
james16 Chart Thread
-
StoragePro replied Jun 22, 2009Kindle will allow download of PDF and Text files as well. You email them to the device for 25 cents or you can load them from the computer via USB. Email is simpler. I really like my Kindle. Nice form factor and easy to use. I get two papers a day ...
james16 Chart Thread
-
StoragePro replied Jun 22, 2009If found "Reminiscences of a stock operator" to be a very sad tale. Yeah, he gets accolades for being a great trader, but as a businessman, he could run GM into the ground as good as anyone else. I like to look at that book as a excellent read into ...
james16 Chart Thread
-
StoragePro replied Jun 22, 2009Jim shamed me into it.
I'm all jacked up for a good week - and FLOOM! My parents come to town on there way up North. The annual trek to visit other friends and family. Guess I won't be doing as much as I had hoped. BTW - anyone around ...james16 Chart Thread
-
StoragePro replied Jun 21, 2009Based on the chart in front of me (Is it really copper?? Your chart has little resemblance to mine) I see little reason for any trade based on PA out side of a blind bounce off of the 50% retrace. You can do this, but the risk is much higher than ...
james16 Chart Thread
-
StoragePro replied Jun 19, 2009LOL !!
Hey Pip - Nice to see you visit! I though the light just got brighter in here!Personality and Trend-Following
-
StoragePro replied Jun 19, 2009Agree. In fact, one step further would be to point out that what makes you successful in a 'traditional business' will likely kill you in trading. This business requires us all to learn the new patterns of thinking and acting. The old skills and ...
Lessons by Joe Ross
-
StoragePro replied Jun 19, 2009Sure there are. But I liked it myself on the 4hr. I marked a minor area of interest on the attached chart. It is 2PM NY time on a Friday, and things are winding down now. This was an easy winner. Look at how tight those EMA's bunched up. I love ...
james16 Chart Thread