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oilfxpro
 

Registered: Oct 2007
Posts: 1600

 

01-24-12 09:55 AM

This thread is for posting only high probability price action set ups.A picture says a more than a thousand words can describe , so please only post images and fewer words describing the set up.

The high probability low risk entries at trend lines and support and resistance levels are ;

Price goes above resistance line with an upward trend line , the price confirms the resistance by falling below the resistance line.

Price goes below support line with an downward trend line , the price confirms the support by rising above the support line.

The reversal move up or down has to be with momentum and 1/4 atr for day trading.

This is my view.

dr cornelius.zip
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shopster
 

Registered: Jul 2011
Posts: 1479

 

01-24-12 10:17 AM

do you want posts for " grease trading " only......?

pls advise.

s

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oilfxpro
 

Registered: Oct 2007
Posts: 1600

 

01-24-12 10:21 AM


Quote from shopster:

do you want posts for " grease trading " only......?

pls advise.

s




All posts on topic are welcome .No time wasters.Don't post about you personal lives.

Here is a low risk high probability inside bar along a trend line

inside bar.jpg
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oilfxpro
 

Registered: Oct 2007
Posts: 1600

 

01-24-12 10:52 AM

Retracements to the trendline are confirmed support.Retracements to trend lines can be very profitable.

puulback to tl.jpg
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oilfxpro
 

Registered: Oct 2007
Posts: 1600

 

01-24-12 11:18 AM

Here is 6 buttocks to sit on .

6 bottoms.jpg
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oilfxpro
 

Registered: Oct 2007
Posts: 1600

 

01-24-12 11:45 AM

Dr Cornelius is currently editing his book on price action .He has planned three other books

Dr Cornelius is not the same person as Cornelius Luca

dr cornelius book.jpg
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