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Bagovino Method

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  • Post #2,481
  • Quote
  • Jun 22, 2007 1:16am Jun 22, 2007 1:16am
  •  ssotiro
  • | Joined Sep 2006 | Status: Member | 277 Posts
There is a 5EMA/8SMA cross on my 15M chart. RSI 5 is about 67. I'm afraid to go long with this pair.

Did you take that long?
 
 
  • Post #2,482
  • Quote
  • Jun 22, 2007 1:16am Jun 22, 2007 1:16am
  •  chrisbedo
  • | Joined Dec 2006 | Status: Member | 45 Posts
Be careful...........you are close to a 161.8 retracement of yesterdays range and you are near m4 pivot. keep a tight stop!
 
 
  • Post #2,483
  • Quote
  • Jun 22, 2007 1:22am Jun 22, 2007 1:22am
  •  bagovino
  • Joined Oct 2005 | Status: Straight Pippin' | 673 Posts
Thanks for joining in guys!!!

What do you see?


B.
"Skills pay the bill's!"
 
 
  • Post #2,484
  • Quote
  • Jun 22, 2007 1:23am Jun 22, 2007 1:23am
  •  bagovino
  • Joined Oct 2005 | Status: Straight Pippin' | 673 Posts
I'm seeing a bit of drawdown, but then a move up!!!


B.
"Skills pay the bill's!"
 
 
  • Post #2,485
  • Quote
  • Jun 22, 2007 1:30am Jun 22, 2007 1:30am
  •  chrisbedo
  • | Joined Dec 2006 | Status: Member | 45 Posts
246.65 conservative downside target. Just above 55ema on 15 min.
 
 
  • Post #2,486
  • Quote
  • Jun 22, 2007 1:31am Jun 22, 2007 1:31am
  •  chrisbedo
  • | Joined Dec 2006 | Status: Member | 45 Posts
also would be a 50% retracement of todays range.
 
 
  • Post #2,487
  • Quote
  • Jun 22, 2007 1:31am Jun 22, 2007 1:31am
  •  ssotiro
  • | Joined Sep 2006 | Status: Member | 277 Posts
At the moment, I only see myself standing on the sideline.
Not in any trade at the moment. I've had a long signal for the G/U and E/U pairs, but I don't get a good vibe.

Maybe the summer heat is getting at me. Bagovino method has proven to work for me. in the past. Right now, I don;t like the market very much.
 
 
  • Post #2,488
  • Quote
  • Jun 22, 2007 1:33am Jun 22, 2007 1:33am
  •  chrisbedo
  • | Joined Dec 2006 | Status: Member | 45 Posts
one more thing..............triple top
 
 
  • Post #2,489
  • Quote
  • Jun 22, 2007 1:36am Jun 22, 2007 1:36am
  •  ssotiro
  • | Joined Sep 2006 | Status: Member | 277 Posts
ADX just crossed below 40 at the 15M chart.
 
 
  • Post #2,490
  • Quote
  • Jun 22, 2007 1:55am Jun 22, 2007 1:55am
  •  bagovino
  • Joined Oct 2005 | Status: Straight Pippin' | 673 Posts
Could hit .95 and then take profit!


B.
"Skills pay the bill's!"
 
 
  • Post #2,491
  • Quote
  • Jun 22, 2007 1:59am Jun 22, 2007 1:59am
  •  bagovino
  • Joined Oct 2005 | Status: Straight Pippin' | 673 Posts
BINGO!!!

Target hit... TRailing stop and the rest is gravy!!

B.
"Skills pay the bill's!"
 
 
  • Post #2,492
  • Quote
  • Jun 22, 2007 2:00am Jun 22, 2007 2:00am
  •  chrisbedo
  • | Joined Dec 2006 | Status: Member | 45 Posts
"skills pay the bills" GOOD CALL BAGO!!!
 
 
  • Post #2,493
  • Quote
  • Jun 22, 2007 2:02am Jun 22, 2007 2:02am
  •  chrisbedo
  • | Joined Dec 2006 | Status: Member | 45 Posts
I just dont have the _________ for that pair!
 
 
  • Post #2,494
  • Quote
  • Jun 22, 2007 2:03am Jun 22, 2007 2:03am
  •  bagovino
  • Joined Oct 2005 | Status: Straight Pippin' | 673 Posts


Not much, but 10 pips is 10 pips right?

I just wanted to prove to the doubters who said I wont call in real time! There was a call in a VERY undecided market with most of you guys telling me the trade looks bad!

The trade is still going in my predicted direction!

Proof in the pudding!

Bagovino
"Skills pay the bill's!"
 
 
  • Post #2,495
  • Quote
  • Jun 22, 2007 2:08am Jun 22, 2007 2:08am
  •  bagovino
  • Joined Oct 2005 | Status: Straight Pippin' | 673 Posts
Who's your Daddy baby???


B.


Attached Image
"Skills pay the bill's!"
 
 
  • Post #2,496
  • Quote
  • Jun 22, 2007 2:10am Jun 22, 2007 2:10am
  •  ssotiro
  • | Joined Sep 2006 | Status: Member | 277 Posts
Nice job Bagovino.

The signs were there, this has been a proven system, PLUS I did not take it, so success was a certainty.
 
 
  • Post #2,497
  • Quote
  • Jun 22, 2007 2:14am Jun 22, 2007 2:14am
  •  bagovino
  • Joined Oct 2005 | Status: Straight Pippin' | 673 Posts
Quoting ssotiro
Disliked
Nice job Bagovino.

The signs were there, this has been a proven system, PLUS I did not take it, so success was a certainty.
Ignored

Ha! Ha! Trust me.. I use to feel like if I didnt take the trade it made money!!! Just trust your system and you'll make money and when you dont, you dont! If you stick to one system, most of the time you will make money and with proper money management you will be successful!

B.
"Skills pay the bill's!"
 
 
  • Post #2,498
  • Quote
  • Jun 22, 2007 2:20am Jun 22, 2007 2:20am
  •  bagovino
  • Joined Oct 2005 | Status: Straight Pippin' | 673 Posts
247.17 as we speak!


B.
"Skills pay the bill's!"
 
 
  • Post #2,499
  • Quote
  • Jun 22, 2007 2:20am Jun 22, 2007 2:20am
  •  ssotiro
  • | Joined Sep 2006 | Status: Member | 277 Posts
Like I said earlier, I do use your method. This is why I know it works. It's just two things at the moment:
First, I think that G/U is overbought and
Second, my PC broke down and I am using another one which is not so strong and it freezes when I use the converter for the 10M period.

Anyway, just another chance to thank you for this method. Good luck with your trading
 
 
  • Post #2,500
  • Quote
  • Jun 22, 2007 2:22am Jun 22, 2007 2:22am
  •  bagovino
  • Joined Oct 2005 | Status: Straight Pippin' | 673 Posts
32 pips in minutes within a tough market!
Looks good to me!

Anyone see any other signals?

B.
"Skills pay the bill's!"
 
 
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