ProfLogic's Method

Discussion in 'Strategy Building' started by El Guapo, Nov 24, 2008.

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  1. pismo10

    pismo10

    2401 non prime long at 10:47 around 817. I did not take because the entry price was already way above the last breach price..
     
    #641     Feb 12, 2009
  2. voodster

    voodster

    pismo,

    are you trading 16807 view with entry chart as 2401?
     
    #642     Feb 12, 2009
  3. Wi!s0n

    Wi!s0n

    swing setup perhaps
     
    #643     Feb 12, 2009
  4. pismo10

    pismo10

    or a longer term 16807 long around 813.50 at 10:25am. The longer term was all negative tho.
     
    #644     Feb 12, 2009
  5. pismo10

    pismo10

    2401 non prime ES long around 822 at 12:23pm. Out around 824 on two black histo bars. 16807 agreed.
     
    #645     Feb 12, 2009
  6. Nice trade - there was heavy resistance there, so good to take the quick exit.

    - palinuro
     
    #646     Feb 12, 2009
  7. #647     Feb 12, 2009
  8. voodster

    voodster

    --------------------------

    pismo10, I took that buy at 12:18. Not saying you're wrong, but I believe they gotta be taken from the failure. Waiting for confirmation gets you near the previous 822.25 high and you have no room for wiggle.
     
    #648     Feb 12, 2009
  9. pismo10

    pismo10

    I agree not the best trade. No prime, buying close to the level of the old breach which I usually don't do, not good so quick in and out for 1-2 pts.
     
    #649     Feb 12, 2009
  10. pismo10

    pismo10

    2401 prime ES short 817 around 2:20. I did not take as it was off a breach. Longer term histo agreed.
     
    #650     Feb 12, 2009
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