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Discussion in 'Chit Chat' started by elovemer, Jul 13, 2009.

  1. tuesday.... was a long signal at 92.75... from 01.75

    tricky part was the next signal.....

    if you took the low of 92.... then you got a short signal at 01
    ... with a 3 point stop... you would have been stopped out at the 04 high

    ..... but if you took the pivot in between.....
    ...you would have had 94.5 as your low pivot.... and a short signal at 03.5
    ..... with the high at 04

    .... this has to do with reading price action.....
    ..... you would have been ok if you split your load between a 9 and 10 point signal
    ..... you would have been stopped out for 3 on half.... and the 2nd half.... would have made up for the loss
     
    #91     Aug 5, 2009
  2. ... the next pivot was 97
    .... so short signal was 06

    ...and the high was 05.75
    .... so that short would not have been hit
     
    #92     Aug 5, 2009
  3. 999 pivot.... 08
     
    #93     Aug 5, 2009
  4. 06.5
    blew thru .... 97.5

    ....04.25
    blew thru 95.25

    low was 91.25 .... retested for 96.25
     
    #94     Aug 5, 2009
  5. 91.25 low
    .... 01.25
    .......... 00.25 short
     
    #95     Aug 5, 2009
  6. 97.5 long
    stopped 94.5
     
    #96     Aug 5, 2009
  7. ...very confusing pattern

    high pivot to high pivot
    low pivot to low pivot

    very confusing
    ---------------------------------------
    low was 91.25 ....
    BUT ... pivot put in at 93.5

    93.5 .... to 03.75

    ------------------------------------
    temporary low pivot is 96.25
     
    #97     Aug 6, 2009
  8. very confusing
     
    #98     Aug 6, 2009
  9. 99.75.... 08.75 high07.75

    *DB makes new pivot

    ======================
    07.75......98.75

    blew thru it
    but came back to test 99
    !! this is tough
    ----------------------------------------

    99.....90 low89.75

    -------------------------------
     
    #99     Aug 7, 2009
  10. TF
    558.5...... 568.5 high569
    ---------------------------------------
    569........559
    blew thru
    came back to 563.4
    ----------------------------------------
    563.4 ......554.4 low554.6

    -----------------------------------
    554.6..... 564.6
    559.4 high pivot
    ------------------------------

    559.4...... 549.4
    long signal
     
    #100     Aug 7, 2009