good job pismo 16807 hist. is diverging, strong down move too. Exited for a couple. I thought that was gonna have alittle more gas in it, bummer ... Look for the next one I guess
Nailed it . . . The Divergence showed up first on the 343 ERG at Prime Resistance. Congratulations on learning to read price.
On your chart proflogic, I actually see the 831.50 on my 2401 ninjatrader chart, would you not have taken this long? Thanks in advance....
Yes, in hindsight I see that this trade was working against both the 2401 and 16807 ERGs. I didnt catch the 343 prime resistance, I have noticed sometimes that doesnt hold back price at all, even it will migrate down to prime support all the while price keeps moving up.. Will have to pay more attention to the subtleties
831.50 is a Prime Trading Breach PPF Perfect Trades begin with a Prime Trading PPF and they aren't the same.
The key is to understand this price action in real-time. Anyone can see it in hindsight. When everything is lined up it is a beautifull thing but one has to have the patience to wait on those. In the meantime read what the oscillations that ARE being created are telling you.
Hello PPF->Breach Would you mind sharing your exact entry time for this trade because on my charts the 2401 Strength confirmation (Histogram switching from up to down) occurred only at 13:27 CET (07:27 Eastern Time), but by that time the market had already moved quite a bit and I would have had a hard time entering on the 49. Alternatively, there was indeed a perfect entry on the 343, but in this case the tradeoff would have been a 2401 Histogram that was still up. Thanks