If You Can Draw A Straight Line . . .

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

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  1. DB, would this hit off of 75 around 11:34 be considered a valid short opp also?
     
    #1011     Sep 11, 2013
  2. 2240? is that for a long entry?

    Thanks again, I will try to refine my plan and look for better entries.
     
    #1012     Sep 11, 2013
  3. dbphoenix

    dbphoenix

    That's the first retracement, yes.
     
    #1013     Sep 11, 2013
  4. dbphoenix

    dbphoenix

    From Zen and the Art of Poker by Larry Phillips

     
    #1014     Sep 11, 2013
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  5. DB,

    Do you play poker? I was a professional player for 6 years before the DoJ cocked things up.
     
    #1015     Sep 11, 2013
  6. dbphoenix

    dbphoenix

    I have, so I know what he's talking about.
     
    #1016     Sep 11, 2013
  7. Is anyone watching 80 for a reversal trade?
     
    #1017     Sep 11, 2013
  8. In review these are the areas that seemed to be higher probability
    entry areas on a 15 min chart to me today. I need to be able to stick to this methodology more closely, rather than getting excited about smaller ret's in non-prime areas as DB has suggested.

    Entry would be on a 1 min or 500v chart on first ret.
     
    #1018     Sep 11, 2013
  9. dbphoenix

    dbphoenix

    If you're looking for higher-probability entries, begin with the daily. See post #1.
     
    #1019     Sep 12, 2013
  10. redbox

    redbox

    Help, when can I contribute something to this thread (or site) without having to wait an age before anyone can see it???
     
    #1020     Sep 12, 2013
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