High probability price action by Dr Cornelius

Discussion in 'Educational Resources' started by oilfxpro, Jan 24, 2012.

  1. yes
     
    #41     Jan 26, 2012
  2. cornix

    cornix

    Oh, that's different story then. When I was referring to "tight stops" I meant the principle of cutting the trades going against you quickly, doesn't matter with use of "hard stop" or manually.
     
    #42     Jan 26, 2012
  3. One other indication was the momentum on 1 minute was strong,if I had put in a stop of less than 15 I would have been taken out of a good trade. 20 pip works well for me.
     
    #43     Jan 26, 2012
  4. We now have a double bottom and long at 1.3148 stop 20.When price retraces to previous support ,it is a confirmed support.
     
    #44     Jan 26, 2012
  5. Dr Cornelius want to go long at 1.3160 because there are a lot of short stops above the price and we want to get them running and buying
     
    #45     Jan 26, 2012
  6. #46     Jan 26, 2012
  7. #47     Jan 26, 2012
  8. This is a high probability thread.No.

    You do that on other threads.
     
    #48     Jan 26, 2012
  9. For these 2 posts, I had a question:
    ...
    01-26-12 04:02 AM

    We now have a double bottom and long at 1.3148 stop 20.When price retraces to previous support ,it is a confirmed support.

    01-26-12 04:43 AM

    Dr Cornelius want to go long at 1.3160 because there are a lot of short stops above the price and we want to get them running and buying
    ...

    Did you go long at 1.3148 or 1.3160? Or both? It looks they were both would have worked out, and what was the exit?

    thanks
     
    #49     Jan 26, 2012
  10. I went long on both and came out at 80 on one for+ 32, second at b/e or 1.3160 b/e.

    First exit was a mechanical target of 30/stop 20.
     
    #50     Jan 26, 2012