Check out what John Locke had to say on that page
http://www.elitetrader.com/vb/showthread.php?s=&threadid=45836&perpage=6&pagenumber=4
Do you have a trading plan ?
Same here
Take a quick shot of Tequila and tilt your head to whichever side you require to be activated.
Hi Steve Could you explain your trades of the day in a bit more detail ? It would be useful to know how pros like you manage their trades...
Thought I mentioned that I don't fade gap openings. The ones who are good at it will obviously know to pick the least-risk point for entry...
Remember reading somewhere that prices retrace back to the gap opening price in 65% of cases. If that's true , then fading the gap opening...
Michael, thanks for the clarification. Will refer to your journal for more details. best rgds
and what's the leverage that you take on a capital chunk of 5k ?
A single trader could trade this plan from 2 separate accounts. But both a/cs would probably lose if its a choppy market.
and how much would that be ??
This guy Ripley has been receiving bucketfuls of good advice on ET from professional traders and he still seems to be hell bent on doing the exact...
Does the guy really deserve help ??
you've blown it again ? ...after all the advice you received from experts on this forum ?
Interesting chart. Steady move up made up of short green bars is usually a sign of institutional buying. Big upward moves should follow in due...
AMT4SWA, I've seen that the break of the "half-macd" value usually results in a price congestion zone around the 10ema Am I just seeing...
AMT4SWA, thanks very much for explaining this trade set-up in such detail. you've been extremely generous.
AMT4SWA , thanks for the detailed charts. questions- (1) Whats the success rate when using MACD (a) zero-line-break entry ? (b) half-peak...
Whats the best way to use MACD for trading profits ? Any ideas ??
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