there is an hns which has a marginal chance of working but they are great when they do..either way it shows distribution so be careful going long off tl bounces after right shoulder is in
BSOT (backside of trendline) price action scalping setup: http://www.cornixforex.com/2012/03/forex-price-action-scalping-backside-of-trendline/
Same sort of entry, but during the tricky market conditions (Bernanke speaking and causing the noise ). http://www.cornixforex.com/2012/03/tricky-price-action-entry-another-sample-of-bsot/
Thanks for posting these trades in advance and not filtering out losers for posting.Glad you supporters do the same.
As I said before, my purpose is not to prove my ability to trade to someone, but to demonstrate principles of price action trading/scalping. Setups, when watched enough, "imprint" in one's brain and trader starts to see them in time after practice. Seeing, how a good setup should look like helps a lot and makes learning process quicker. That's what I'm doing in my blog (and here). But for those like you, who need to be sure, here is a raw blotter of all my executions today. Hope it helps you to feel happy. P. S. Sorry, no $ figures there as well as no anonymous account number on bearer in Swiss bank and no code from my safe. P. P. S. Several closes on each open mean scaling out of positions.
Well, you've got the exact executions with exact times now. Now seriously, I am a thick skin Siberian dude, you know, but you guys caused NoDoji to leave with these endless challenges and suspicions, when she was so generous to share what she knows with all newbies and she was an asset to ET I must say. Oh well, will be just more threads "trading is impossible" since then, no biggie.
Interesting, I had a short signal before your long entry (no, I did not trade it, just saying). I have been also wondering when and how to use your BSOT signals. Not easy . Many cases they are counter trend signals, and seems they are very good when we have a longer pullback and use that trendline for BSOT.
There's a few of us that trade together and we see the real trades. Not wanting to be selfish, we try to help some others by demonstrating trade set ups while not giving the edge away. These are excellent set ups that will improve anyone's trading but on ET we get gentlemen who can't even see a technique when it is demonstrated over and over again. Instead of investigating and trying they take the fools route and trash talk. It results in good folks stopping posting and in time it will end up with ET being a center for junk traders who wouldn't know a set up if it had a fog horn with it. How pathetic.
BSOT's as all re-tests are much better, when traded with overall trend or at least not against the strong trend. if trend is strong, it's not wise to enter on them, because they are not strong signal enough to reverse the trend usually.