Simple Profitable Method

Discussion in 'Technical Analysis' started by trader28, Sep 6, 2006.

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  1. Riaaman:

    Coming to you from Missoula, Montana. Home of the University of Montana. By the way we play Northern Colorado this weekend! Go Griz...

    This is exactly how Trader28 would make that trade. He taught
    us an excellent system...

    I just wanted everyone to be able to watch the perfect trade in progress and how Trader28 would teach it.

    snarlyjack
     
    #1001     Nov 6, 2006
  2. #1002     Nov 6, 2006
  3. Bearbelly:

    Really? (Bollinger Bands scalping on the 1 minute)???

    It does work perfect on the 2 minute charts just like Trader28 taught us.

    I don't think I'll change...It took me two months to learn this system and I like it.

    snarlyjack
     
    #1003     Nov 6, 2006
  4. I really think 10 points is about right for pm trading this system.
     
    #1004     Nov 6, 2006
  5. ]
    I like it to. Its just that I feel so used.:)
     
    #1005     Nov 6, 2006
  6. Bearbelly,

    If their is a problem with (our) system, it is the market
    messes around the zero line.

    It's like everyone knows what is going to happen!!! But they try to pick your pockets before it does happen. It's very frustrating.

    All I can think of is what you told me before. Which is: (1) the market makes it move. (2) then it reverses (3) then reverses again and continues on its merry way...

    We need to wait for the second reversal and the trip on its merry way. While it is fooling around the zero line!

    snarlyjack
     
    #1006     Nov 6, 2006
  7. What happened? You were so happy a few minutes ago. Its been a good day for the system.
     
    #1007     Nov 6, 2006
  8. I am still happy!!! Beers for all in the lounge...

    Before I start telling "war stories" you gotta realize that I am still learning the system and how to trade with all the ins and outs of the whole thing.

    I am not exactly mr. perfect over here!!!

    snarlyjack
     
    #1008     Nov 6, 2006
  9. ryank

    ryank

    Wasn't a good day for me on the ER2, got knocked around pretty good this morning. Might have to take a peek at YM to see how I like it.
     
    #1009     Nov 6, 2006
  10. Excellent. That was a tasty trade.

    I have a question though. It looks like you're using MACD ZLC for setup. Then looking for a solid close above the 8 SMA to enter and a pull away from the BB's to exit. Is that correct?
     
    #1010     Nov 6, 2006
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