Here is Inv. H&S targets chart.. A Clear Breakout above Neckline is needed. Happy Holidays! Regards, Suri <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1719880" border = 0>
Awesome Chili! Great job! This is the way I have been trading lately too. 123, quick winner, let 2nd half run a little, manual trailing stop, etc. I use AHG principles (trend follow, don't call tops or bottoms, waves, ME, scaling, etc) with Piscuy specifics for entry and basic theory (123, boxes, etc) It works very nicely so far for me. Some big winning days, some medium winning days, some small winning days, and some small losing days. I was on a plane yesterday day and missed this awesome trending day:eek: Now at my vacation cottage, my internet signal is very very weak and fades in and out. I don't think I'll be able to trade Definitely not able to join the chat I have been learning so much lately here and especially IRC, I hate to take a break. What a wealth of great information!! Thanks Anek for setting up this whole deal!! And thanks Piscuy for your input too!! Happy Holidays all!!
Enjoy your holidays fish, thats what we work for!!! Turn off the computer, markets will be here in january. Merry christmas and happy new year to you!!! P.
Thanks Chiu. The stop is based purely off of what I have been seeing as the normal noise on the setups I am taking, and my aversion to risk. If I'm in a trade and it moves against me 1.25, 95% of the time it means I was wrong. I'd rather get out with a small stop, and look to re-enter on another setup. I'm still very new with the ES, so this isn't set in stone or anything, just based off of what I have seen. Plus I am just scalping, so I can't have my stops too wide. Also, if the signal bar is short enough, I will use the high/low of that bar +1 tick, that way PA is backing you up. Hope that helps.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The upper one looks smoother to me. You got the text files, too for these 2 versions?? Thanks for the EMOTION test file btw. Charly
I attempted to complete my notes on Piscuy by Christmas, however, I under estimated Piscuy's contribution and will only be able to complete my notes after the Christmas Holiday's. For those who would like to review the generous contribution Piscuy has shared with us prior to my update, please find attached a rough draft of my notes. For those more familiar with Piscuy's style, I would greatly appreciate any suggestions, modifications or corrections you may have, so that they may be included in the update. Please PM me with any suggestions you may have, thank you. Thank you again Piscuy for your generous contribution, and to you Anek for providing us with such a truly rare and wonderful opportunity. It is very much appreciated, Wishing everyone health and happiness this Holiday Season.
C.Profitt, thanks for posting those charts. What paint bars are you using? Does that dynamic S/R indicator do the same thing as Market Emotion?