Simple Profitable Method

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

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  1. Shoot for 2 pts consistently on the ES and let it build, then diversify to other markes (NQ, TY/ZN, 6E).
     
    #181     Sep 9, 2006
  2. Examples: (note, for all examples I'm using a 3 min chart instead of a 2 minute chart, but I am still keeping the 10 min chart for confirm)

    Monday: Strong Buy off of Pivot (chart 1 is the 3 min, chart 2 is the 10 min for all examples)
     
    #182     Sep 9, 2006
  3. chart 2
     
    #183     Sep 9, 2006
  4. Tuesday: Sell off of Pivot

    chart 1
     
    #184     Sep 9, 2006
  5. Tuesday: Buy of of S1
     
    #185     Sep 9, 2006
  6. chart 2
     
    #186     Sep 9, 2006
  7. Wednesday, P, R, or S were not hit, so you only had choppy trades, I personally wouldn't have traded'em.
     
    #187     Sep 9, 2006
  8. Thursday, Sell off of Pivot

    chart 1
     
    #188     Sep 9, 2006
  9. There was also a good buy signal, kudos to you if you can find it.
     
    #189     Sep 9, 2006
  10. Friday

    Good buy off of R1
     
    #190     Sep 9, 2006
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