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- Scottie replied Sep 13, 2010
wait till you cant stand it and then strike on the pullback — Forest, lets say there was an extended move down and i'd like to go long. that first touch of the 21 after the break will usually still bounce down, so i don't like to go long that ...
- Scottie replied Sep 10, 2010
someday — Someday I'm going to bring myself to hold the trades or part of the trade and use these targets as take profits #1. being able to follow the ma's in the direction of the trend could be very profitable several times a year. I just ...
- Scottie replied Sep 9, 2010
still mental — I'm still mental, but the success rate is good. every once in a while i do something stupid and waste some capital from my account. but this is a labour of love. i enjoy it and its starting to work. not something that takes a ...
- Scottie replied Sep 3, 2010
pullbacks — Forest, i'm not sure about always, waiting for the pullback, I try to, and i know 211 does too. But I "always" wait for the pullback although i use the 21ema and 211 uses the 20 lma. The problem is occasionally, I slip and take a ...
- Scottie replied Mar 31, 2010
posted trade — the reason i posted the trade was to demonstrate how difficult it is to take these entries. most people that look at my entries at the same time i take them freak out. these entries come from several years of experience and ...
- Scottie replied Mar 30, 2010
EU short trade — around noon eastern time, EU gave a signal to look for shorts. at the asian open, i took the pullback and got a sell price of 1.3436. i set my target for 30 pips and noticed it was just shy of the bottom of the big down bar. ...
- Scottie replied Mar 30, 2010
nice pullback — it fits for me i'm not trading that pair right now, but it trades very similar to eu.
- Scottie replied Mar 30, 2010
h4 not sexy — honestly, those of you who are following this thread. I know the h4 time frame is not the rush of trading the m5 or m15, but if you want to make money, take a look at this.
- Scottie replied Mar 30, 2010
pullback — i say we'll get the pullback, just wait for it. the down move was 100 pips without looking back yet.
- Scottie replied Mar 30, 2010
obtw — i'm also seeing UCad starting to confirm this move and the gu has an evening star pattern if you are using a bar start time of 0:00 gmt.
- Scottie replied Mar 30, 2010
noon signal — LOL 211, Ive been watching that eu setting up since noon. been just waiting for the pullback. and yes thing, i'm not waiting for the close, i'm waiting for the touch. of the ma's since the h1 and h4 are in the same place and the ...
- Scottie replied Mar 24, 2010
signal — apparently, i missed the pullback since my charts now close at 11 central instead of 10 central. will wait for next one. it will happen no matter what time it is just that if i like to trade the us session, i'd prefer if my charts ...
- Scottie replied Mar 24, 2010
entry and exit — yes to both, if i get a signal long here on ej, i will wait for the pullback and then pounce. but on the exit, if i can wait to the ma's i will but its not always possible
- Scottie replied Mar 24, 2010
possible setup — ok, guys, here is a possible trade setup on ej, have to see where it closes in 3 hours and then i'll wait for the pullback. the other reason i'm interested in this is the eu looks like capitulation to me and could bounce a ...
- Scottie replied Mar 24, 2010
trade on the next bar — fthingf, that's normally what i do, i wait for the next bar to pull back to the ma's, i use 21, but no biggie. it appears to do it most of the time. if it doesn't, the move is suspect to me. it also minimizes the risk ...
- Scottie replied Mar 22, 2010
The Second Method and the Pullback Beast — 211, I actually only trade pullbacks. unfortunately, this keeps me from taking certain types of trades. and i only get a hand full of trades per week on the h4, but, they are usually good. A couple of ...
- Scottie replied Mar 16, 2010
i like the charts — 211, Thanks for sharing your charts. They are amazingly close to mine. Timeframe and everything. Excellent validation. You use the "wrong" colours though. lol. what i see is these "setups" jump off the page at me. getting ...
- Scottie replied May 25, 2008
average down number — correct on the draw down. if you have a t/p of 20 that will give you 2 danglers (probably 3 with spread) on each run up. in order to average this in properly, you probably should have 2-3 entries at each entry location in ...
- Scottie replied May 17, 2008
autopivot version 5 — did you install the one that is autopivot version 5?
- Scottie replied May 11, 2008
skype chat started — I started a skype chat for this topic. i'm going to be teaching a couple of new traders. but anybody interested in this topic may join. just pm me and i'll bring you in.