Bride of If You Can Draw A Straight Line

Discussion in 'Journals' started by dbphoenix, Oct 28, 2013.

Thread Status:
Not open for further replies.
  1. niko

    niko

    10:28 SL broken long at 56,50
     
    #651     Dec 13, 2013
  2. dbphoenix

    dbphoenix

    Note that when these lines are breached, a message is being sent. But you have to be able to receive it. Hope is not an option.

    Paying attention to these messages also enables one to avoid being chopped up.
     
    #652     Dec 13, 2013
  3. niko

    niko

    Nope, I am using Ninjatrader Zenfire datafeed. But thanks for the advice.
     
    #653     Dec 13, 2013
  4. niko

    niko

    Today I feel very calm, and able to see what is going on. Hope is not an issue today, I guess it was on wed, and it made a hell of a difference y my ability to spot PA.

    Regarding my chart here it is:

    [​IMG]
     
    #654     Dec 13, 2013
  5. Gringo

    Gringo

    We never reached below 58 today. Why are you price levels off by a few points? Are you on a different contract. I am using the free version. 58.6 is the lowest level I see around 1024.
     
    #655     Dec 13, 2013
  6. dbphoenix

    dbphoenix

    SL if fanned is broken and there was a long here at the RET.
     
    #656     Dec 13, 2013
  7. niko

    niko

    Hehe, yes I pointed that out above, at the open I was still on the Dec contract. But I corrected that already.
     
    #657     Dec 13, 2013
  8. niko

    niko

    Yep, still in.
     
    #658     Dec 13, 2013
  9. dbphoenix

    dbphoenix

    I hope you see how PA transforms itself into chop, and that if you pay strict attention to the lines, breaches, and RETs, you can avoid being chopped. You might even show a profit.
     
    #659     Dec 13, 2013
  10. niko

    niko

    Yes, I noticed that, the interesting thing today is that even within the chop, the lines do a pretty good job in keeping the disciplined trader solvent.
     
    #660     Dec 13, 2013
Thread Status:
Not open for further replies.