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

  1. 931.75 long entry on ... the 940.75 high

    stop at 929.5
     
    #41     Jul 17, 2009
  2. ....current price
    936

    ...keeping stop at 929.5
     
    #42     Jul 17, 2009
  3. ... and price goes back to retest that

    ... 935.75 .... which was the last signal.... which it blew thru and then went below at the close

    ... how interesting
    ------------------------------------------

    ... these are important action points to reference thru the next trading day

    ... levels where price blew thru the signal level
    --------------------------------------------

    ...also the blow thru level at 935.75 is ten points above the last blow thru level at 927.5
     
    #43     Jul 17, 2009
  4. .... yesterday traded around....

    ... that blow thru level... all session
    ----------------------------

    buy 927.75
     
    #44     Jul 17, 2009
  5. .... you got screwed
    ... buy limit was at 927.75
    .... low was 928
    ------------------------------

    .... you got screwed ... but you followed the system
     
    #45     Jul 17, 2009
  6. 928 low ... to 937 ... was short signal
    then retrace to 931.75

    .... next ten move begins...
     
    #46     Jul 17, 2009
  7. ... a great thing about the system....

    ... one need not have a bias either way.... this is a GREAT thing....
     
    #47     Jul 17, 2009
  8. ... several signals .... shy of signal by one tick

    .... premarket signals will give you a discount....
     
    #48     Jul 17, 2009
  9. summary of friday

    ... not very prosperous...

    1. took the signal at 931 from 940.75
    ... but failed to take partial profits...
    2. 928 from 936.75 ....... 1 tick short of a signal 8.75 pnts
    3. 936.75 from 928 ..... also 1 tick short of a signal 8.75 pnts
    4. did not take short at 937 because of interim retracement to 931
     
    #49     Jul 18, 2009
  10. watch rule of 100 on ym to confirm signals on ES ....
     
    #50     Jul 18, 2009