Simple Profitable Method

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

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  1. Hi Trader28,

    On this 2 min er2 chart for 09-07-06 in tradestation, where would you go long and short for this day?

    Please note that I want to confirm, I have it correct since I may combine your method with another one to see if it improves the win ratio and the best place for me to enter into a new trade to get the most profit. Thanks in advance.

    http://i3.tinypic.com/405gev7.jpg
     
    #101     Sep 8, 2006
  2. Lovely chart.

    I see atleast two long entries and two shorts in that time frame.
     
    #102     Sep 8, 2006
  3. No worries guys, you'll have to forgive me tonight, it's finals time for Aussie rules football and I have to paint my face and go to WAR!

    *ROAR*
     
    #103     Sep 8, 2006
  4. On the contrary I can't even read these charts. Why are they so small?

    They should be gifs or pngs and 50% larger. I can help you if you need it for that.
     
    #104     Sep 8, 2006
  5. Trader28

    Jeez it's that time of year already. Any of the Victorian teams make it this year? :(
     
    #105     Sep 8, 2006
  6. 4 Vic teams but all in the bottom of the 8, West Coast, Syd, Adel & Freo top 4... so Coll vs Bulldogs Sunday (GO PIES) and Melb playing Saints right now in elimination finals, Saints killed em first half but got 4 critical injuries and the Demons are coming hard

    Here's a GIF of yesterdays 2 min chart, if you save it to your pictures folder you can enlarge it

    http://i3.tinypic.com/4gxnn9j.gif
     
    #106     Sep 8, 2006
  7. Can you please tell me how much you will let a trade move against you before bailing? Three out of those four crosses were pretty iffy if you waited for the zeroline cross.
     
    #107     Sep 8, 2006
  8. Dude you are cutting into my footy time... I've already said I use the SMA as a stop line, or 10 minute limit... the iffy ones I got out with a small profit or break even, the only ones I lost on yesterday were trying to anticipate the Zero Line cross
     
    #108     Sep 8, 2006
  9. That guy is not capable of doing his own analysis and making his own decisions or plans.

    trader28 presented you with something to consider. If you like it, explore it more and use it. But quit asking him to spoon feed you.

    If you think it is BS, or it doesn't resonate with you, move on.
     
    #109     Sep 8, 2006
  10. small?!

    its a 800 x 462 jpg file. I wouldn't consider it small.

    the two entries for the shorts are at approx 11:18a and 12:54p respectively on the chart.
     
    #110     Sep 8, 2006
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