Technical Trading Setups Journal

one more, triplets.....

long pendings, hit em 3x.

blow the stops on the way back to the money line.

s

 

Ya, triple tops/bottoms can be very good entries.

 

gotta luv fomc day.

the talking heads spew out more garbage.

so we puke it down to the 5.7 at the 729.

print a set of rr trax for the reversal signal.

short exit back to a long.

express elevator up to the money line.

bankster's rule.

s

 

exit door at the money.

s

 

Yesterday's bullish reversal pattern led to some nice price action on FOMC, didn't it?

http://www.cornixforex.com/2012/01/result-of-yesterdays-reversal-within-bigger-context/

 

Here is a scalp after a double bottom H2 :

 

Very good long indeed. Saw it setting up late and missed the fun.

 

Unfortunately, I am still at the level of working with fixed targets...


This was an example probably, when more experience let the scalp running.

 

Nothing wrong with fixed targets IMO, as long as you overall make money. Seeing some with bigger potential than other comes with experience, no need to force it.

 

heres the res on that move ,can ya tell me what you saw on that setup