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Line In Sand replied Oct 27, 2011You can check out the trade journal for confirmation of the actual entry: url .
The Confession & The Secret
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Line In Sand replied Oct 27, 2011V-Trigger Long at 4065 on M15 at Close of 1230 hr GMT -1 bar. I was late getting to the trade due to typing in another thread, so I took the trade at 4094'ish. If the trade is successful, after I attempt to create a failed trade to recover from, I ...
A Different Kind of Journal (EURUSD)
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Line In Sand replied Oct 27, 2011V-Trigger, 4065 at Close of 1230 GMT -1 M15 bar. (I missed the entry because I was typing). I'll take the entry now, at 4094 Long and use the difference back to the V-Trigger level of 4065, as my built-in padding to simulate a loss today. image
The Confession & The Secret
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Line In Sand replied Oct 27, 2011When I wrote that, the Weekly range fuel tank was roughly 65% full. That same Weekly range tank is now 36% full, which means about 64% has been consumed, with virtually all of that to the upside. This is what was relied upon on the previous recovery ...
The Confession & The Secret
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Line In Sand replied Oct 27, 2011Given this move, the previous recovery trade would have provided far more payback than the +32 pips recorded last night. Of course, I'm just stress testing, so holding positions beyond BE is not necessary. But, that would have been more than a 160+ ...
The Confession & The Secret
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Line In Sand replied Oct 27, 2011As the 4040 level spoken about earlier gets taken out, we can see that the Harmonic structure has fulfilled its promise as being one of the best V-Triggers available once understood. From the previous Harmonic B V-Trigger, a potential 133+ pips were ...
The Confession & The Secret
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Line In Sand replied Oct 26, 2011One last note worth mentioning. If you go back over my posts here today, you will see the pic where I demonstrate the probable Harmonic V-Triggers. Note that the pop in the EURUSD came directly on top of the Harmonic point "B" that I annotated in ...
The Confession & The Secret
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Line In Sand replied Oct 26, 2011A bit faster than me getting away from the computer - the recovery is complete. url It actually came out to being about +23 pips more than what was needed for a full recovery. In the final analysis, if I remove the forced losses to produce the ...
The Confession & The Secret
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Line In Sand replied Oct 26, 2011Recovery complete. image image
A Different Kind of Journal (EURUSD)
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Line In Sand replied Oct 26, 2011I was successful and generating a plausible stress test scenario today, which came in around -75 pips needed for a full recovery. I will use OCO orders this time as the pic shows to close out the position. - If 3930 strikes first, 3837 will not ...
A Different Kind of Journal (EURUSD)
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Line In Sand replied Oct 26, 2011Today, was a good day for the V-Trigger in general. Three (3) V-Triggers were set with the first two being successful. I was only able to trade the second and that put up over 50 pips before falling back to the current close level. The third ...
The Confession & The Secret
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Line In Sand replied Oct 26, 2011Of course, as always, drawing horizontal lines to trade around depends entirely on whether or not the line contains good Swing potential and good Momentum potential in the market. - The Harmonics (being one source) provide the Swing potential ...
The Confession & The Secret
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Line In Sand replied Oct 26, 2011Same M15 potential Harmonic V-Triggers in a cleaner format: image
The Confession & The Secret
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Line In Sand replied Oct 26, 2011Probable M15 V-Trigger analysis using Harmonics: [/URL][URL="http://www.freeimagehosting.net/82b29"] image
The Confession & The Secret
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Line In Sand replied Oct 26, 2011Harmonic leading to Harmonic on Weekly chart. All providing good line locations. Same can be applied to charts in smaller time-frames: image
The Confession & The Secret
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Line In Sand replied Oct 26, 2011A pic of the Weekly Harmonic now underway: image I like Harmonics because its always the same exact set of questions: - Will C hold between AB - Will B be extended and hold between XA After B is set, these two questions usually determine the ...
The Confession & The Secret
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Line In Sand replied Oct 26, 2011I have a custom indicator that does that. I don't divulge specific code on those. However, given the way I use it with line trading, it is very much like ATR, so you can use that instead. My custom indicator is calculated differently than ATR, and ...
The Confession & The Secret
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Line In Sand replied Oct 26, 2011Of course, if this were being traded trigger to trigger, I'd book the +46 pips now and enter on current V-Trigger for the next Swap Cycle for an Always-In posture on the market. To add to this - I can see that hourly volatility is collapsing and ...
The Confession & The Secret
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Line In Sand replied Oct 26, 2011Note, a third V-Trigger established itself today at 3893 (2000 hrs GMT -1). Remember, they are Non-Directional. I typically enter on the Close of the bar where the V-Trigger is set and in the direction (long or short) of the Close of that bar. Of ...
The Confession & The Secret
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Line In Sand replied Oct 26, 2011A clearer view of the footprint: image
The Confession & The Secret