A simple price action approach

Discussion in 'Technical Analysis' started by metal, May 9, 2011.

  1. the question centered between time line 14:06 as shown at the bottom of the pix to include the next 5 bars, ending at the heavy white vertical line at the right hand side; is it possible to accumulate 26 tics profit?

    what do you think, pls?
     
    #261     Jun 8, 2011
  2. In for responses.
     
    #262     Jun 8, 2011
  3. Testing this out in sim a bit. This is the right gist of it correct?
     
    #263     Jun 8, 2011
  4. Ok now what if it bounces off counter trend line? cover?
     
    #264     Jun 8, 2011
  5. im using one market ...6e. What are you talking about?
     
    #265     Jun 8, 2011
  6. update, went through.

    JH i'll take a minute to absorb what you said, thx.
     
    #266     Jun 8, 2011
  7. Just tell Jack you've taken one off and that will keep him happy :)

    Hopefully he'll remember Metal's request.
     
    #267     Jun 8, 2011
  8. UPdate, looks like it respected counter trend line as resistance .
     
    #268     Jun 8, 2011
  9. You're doing great and you don't need any interference
     
    #269     Jun 8, 2011
  10. hi jack h

    what is your intention of putting up a reference, then

    taking it down almost immediately....?

    you are not yet approaching three scores and ten like myself, are you?

    :)

    take care and cheers
     
    #270     Jun 8, 2011