- #223
- Feb 25, 2008 5:25am Feb 25, 2008 5:25am
- Joined Jan 2007 | Status: Trader | 5,864 Posts
you got in with a breaking of the 50%?
I would not ... but your 1st target makes sence if you do.
I think I have said when you have the same trend on the two higher time frames you have an 70-77 % to be right at any point if you just bid with them, waiting for a break of the 100% puts the odds up again`
likely a break of the 50 % to will increase.
I know a bounce of the 50% does for sure
cheers
teb
- #224
- Feb 25, 2008 5:55am Feb 25, 2008 5:55am
- Joined Jan 2007 | Status: Trader | 5,864 Posts
It needs to close over .
TEB
you got in with a breaking of the 50%?
I would not ... but your 1st target makes sence if you do.
I think I have said when you have the same trend on the two higher time frames you have an 70-77 % to be right at any point if you just bid with them, waiting for a break of the 100% puts the odds up again`
likely a break of the 50 % to will increase.
I know a bounce of the 50% does for sure
cheers
teb
To be honest, I had a little help of tow things that made me take the trade.
1- bolinger squees ((which gives me an indication there is a big move a head )).
2- crossing of ema 6 and 16,,,,,which i trust too much
I know you like your system to be simple but there is a need of a trigger filter .
regards
khalid
- #226
- Feb 25, 2008 6:43am Feb 25, 2008 6:43am
- #227
- Feb 25, 2008 6:51am Feb 25, 2008 6:51am
- Joined Jan 2007 | Status: Trader | 5,864 Posts
thanks TEB
To be honest, I had a little help of tow things that made me take the trade.
1- bolinger squees ((which gives me an indication there is a big move a head )).
2- crossing of ema 6 and 16,,,,,which i trust too much
I know you like your system to be simple but there is a need of a trigger filter .
regards
khalid
I get in late but get a very high % of wins
what time frame were you using I see a good boiler on the 15 min chart
teb
- #231
- Feb 25, 2008 2:06pm Feb 25, 2008 2:06pm
- Joined Jan 2007 | Status: Trader | 5,864 Posts
Teb, would you take the trade after the Daily close above the 100 level, even though the close is near the 200 ema?
Yes... infact that is the idea.
To get in before it crosses the 200 ema.
as we normally see a big move right after a cross.
TEB
- #232
- Feb 25, 2008 2:09pm Feb 25, 2008 2:09pm
- Joined Jan 2007 | Status: Trader | 5,864 Posts
I must say
I really don't know what you are doing.
I don't see why by this chart why you would buy where you did.
esp. in the time you did 1-5pm EST
sorry
TEB
- #234
- Feb 25, 2008 4:32pm Feb 25, 2008 4:32pm
- Joined Jan 2007 | Status: Trader | 5,864 Posts
i am selling >>my target is 100 fib >>
cool - I though you were in already
sorry
teb
- #235
- Feb 25, 2008 4:37pm Feb 25, 2008 4:37pm
- Joined Jan 2007 | Status: Trader | 5,864 Posts
buy @ 160.21
teb
- #236
- Feb 26, 2008 5:18am Feb 26, 2008 5:18am
- Joined Jan 2007 | Status: Trader | 5,864 Posts
for day traders where is what I am watching
I am in this one now
This is the next one I think will happen.
and here is a 3rd one ... if you like
TEB
I am in this one now
This is the next one I think will happen.
and here is a 3rd one ... if you like
TEB
- #237
- Feb 26, 2008 7:26am Feb 26, 2008 7:26am
- Joined Jan 2007 | Status: Trader | 5,864 Posts
Hi Guys
This trade is cought on the 200ema
will it turn & burn ...
or will we have a big move through it?
I am hoping for the later!
TEB
This trade is cought on the 200ema
will it turn & burn ...
or will we have a big move through it?
I am hoping for the later!
TEB
- #238
- Feb 26, 2008 7:31am Feb 26, 2008 7:31am
Hi Guys
This trade is cought on the 200ema
will it turn & burn ...
or will we have a big move through it?
I am hoping for the later!
Attachment
TEB
- #240
- Feb 27, 2008 8:43am Feb 27, 2008 8:43am
- Joined Jan 2007 | Status: Trader | 5,864 Posts
now hoping for second target to be hit.
teb