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    Forums ›› Technically Speaking ›› Technical Analysis ›› PA Trading - failures to reach scalp targets for 6E  


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tdeu
 

Registered: Sep 2012
Posts: 6

 

09-25-12 11:32 AM

On ES 5, 9 and 17 tick failures are common. They result in a failure to reach common targets of 1, 2, 4 pts.

Are there comparable failures to reach targets for 6E?
I noticed 6tFs - is this right, and are there more - like 11tF?

Thanks Thomas

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tdeu
 

Registered: Sep 2012
Posts: 6

 

09-26-12 08:59 AM

ES, Y with 1 and 5tF, all failures are one legged (push) in this chart

e.g. the 5tF at b19 is from the buy above b18
the buy above b40 would have given a scalpers profit during the second leg/push to b50

2012-09-26_0949.png
This has been downloaded 97 time(s).

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nazzdack
 

Registered: Jul 2004
Posts: 8444

 

09-26-12 04:59 PM


Quote from tdeu:
----5tF....
----5tF at b19....
----b18....
----b40....
----b50....


WTF?

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wrbtrader
 

Registered: Feb 2010
Posts: 1341

 

09-26-12 06:27 PM


Quote from nazzdack:

WTF?



tdeu is not use to posting at Elitetrader.com forum.

Simply, he forgot to mention the source of this information is a blogger name cadaver. His glossary of terms @ http://ninetrans.blogspot.ca/p/glossary.html

Cadaver is a trader that uses his own personal acronyms instead of the ones used within Al Brooks method.

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tdeu
 

Registered: Sep 2012
Posts: 6

 

09-26-12 09:40 PM

Sorry, thought this was self explaining from 1st post.
Thanks for posting the acronyms.


Quote from wrbtrader:

tdeu is not use to posting at Elitetrader.com forum.

Simply, he forgot to mention the source of this information is a blogger name cadaver. His glossary of terms @ http://ninetrans.blogspot.ca/p/glossary.html

Cadaver is a trader that uses his own personal acronyms instead of the ones used within Al Brooks method.

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