nu
.
Got a good boost to the account from the GBPCHF ppz setups for starters!
So here's a return present...
IB4 on Oil 4hr
Bundy's status today: "Waiting..." 
- #9,281
- Feb 26, 2008 10:21pm Feb 26, 2008 10:21pm
- Joined Feb 2006 | Status: 'Try-hard' extraordinaire... | 2,151 Posts
Got a good boost to the account from the GBPCHF ppz setups for starters!
So here's a return present...
IB4 on Oil 4hr
- #9,282
- Feb 26, 2008 10:39pm Feb 26, 2008 10:39pm
- | Commercial User | Joined Oct 2005 | 2,899 Posts
Dude, you've given me so many setups lately. LOL
Got a good boost to the account from the GBPCHF ppz setups for starters!
So here's a return present...
IB4 on Oil 4hr
you're kind of late with that oil tip, bro..
, someone has already sold me one below....
- #9,283
- Feb 26, 2008 10:46pm Feb 26, 2008 10:46pm
- Joined Feb 2006 | Status: 'Try-hard' extraordinaire... | 2,151 Posts
yeah, I tend to do that when I have too much time on my hand.. (got a stop that)
you're kind of late with that oil tip, bro..
.
Bundy's status today: "Waiting..."
- #9,284
- Feb 26, 2008 10:54pm Feb 26, 2008 10:54pm
- | Commercial User | Joined Oct 2005 | 2,899 Posts
Ouch! How much did he charge?? You realise that's an old one??
he, he.. it's only the old one if it's closed..
:
- #9,286
- Feb 26, 2008 11:02pm Feb 26, 2008 11:02pm
- Joined Feb 2006 | Status: 'Try-hard' extraordinaire... | 2,151 Posts
only $129/month and then free after 12 months.
he, he.. it's only the old one if it's closed..
You still on that trade? That's awesome.
I was waiting for a trade around that time, but couldn't fit it into my MM (oil).
Considering switching my currency trades to that account. Need more equity!
Then I can trade wheat etc too.
Bundy's status today: "Waiting..."
- #9,288
- Feb 27, 2008 12:52am Feb 27, 2008 12:52am
yeah, I tend to do that when I have too much time on my hand.. (got a stop that)
you're kind of late with that oil tip, bro..
.
Can you explain why you bought thier...?
Thanks
Shay
- #9,290
- Feb 27, 2008 1:36am Feb 27, 2008 1:36am
- Joined Feb 2006 | Status: 'Try-hard' extraordinaire... | 2,151 Posts
Hi
Can you explain why you bought thier...?
Thanks
Shay
On my charts it was a pin. (brokers on different time frames)
Also a good example of how price may only roughly respect lines at times. If you stick to using price action to confirm trades, that roughness don't matter.
Hope this helps.
Bundy's status today: "Waiting..."
- #9,292
- Feb 27, 2008 4:38am Feb 27, 2008 4:38am
- Joined Feb 2006 | Status: 'Try-hard' extraordinaire... | 2,151 Posts
Hi All,
I have started reading thread for about a month ago. Still I have hundreds of pages to read.
I have just found this on G/U. Is it a valid pin bar? I know the longer timeframe the better. hope attach picture succesfully
Bundy's status today: "Waiting..."
- #9,294
- Feb 27, 2008 4:54am Feb 27, 2008 4:54am
- Joined Feb 2006 | Status: 'Try-hard' extraordinaire... | 2,151 Posts
Thanks for your fast reply bundy. Should I have to say that I am already in?
Anyway I really like your avatar.
While your at it, check the price action on the 15 min. Not to get you hooked on lower time frames!, but note how the price retreated faster then it was climbing earlier. That's a good sign of a good pin. If we drop below 1.9842 it's looking even better though. Sometimes a pin is a pullback. We're not home free yet!
Edit: And thanks on the avatar mate. I change them every now and then. lol
Bundy's status today: "Waiting..."
- #9,295
- Feb 27, 2008 6:08am Feb 27, 2008 6:08am
- Joined Feb 2006 | Status: 'Try-hard' extraordinaire... | 2,151 Posts
Bundy's status today: "Waiting..."
- #9,296
- Feb 27, 2008 7:02am Feb 27, 2008 7:02am
- | Commercial User | Joined Oct 2005 | 2,899 Posts
Raczek will probably clarify his position, but the marked area was a Outside Bar (bullish) coming off a resistance/turned support zone. Pretty good setup.
On my charts it was a pin. (brokers on different time frames)
Also a good example of how price may only roughly respect lines at times. If you stick to using price action to confirm trades, that roughness don't matter.
Hope this helps.
It’s basic j16 stuff and the most conservative imo. … unfortunatelly this one was on demo only...
- #9,297
- Feb 27, 2008 7:05am Feb 27, 2008 7:05am
- Joined Jul 2006 | Status: Charts + PA > * | 3,251 Posts
Oil is an old addiction of mine, even though I currently have no other commodities than Gold&Silver, but I might put a little into a scoundrel market maker type outfit again just to get my fix on those.
Just had to post this chart of a "how the ideal trades woulda gone for me on the last leg" thing, by the numbers, so to speak.
I am not going to label / title the numbers or the entries, because I think part of the fun is being able to just see and nod eventually, and this is a chart for those folks.
Again - no need to go below daily, this one was plenty of fun on daily alone. And oil is like lightning sometimes anyways, so not the worst idea to keep it a bit more sane with daily bars
Enjoy this hindsight generated chart
P.S.: one could have also put another entry on the break of the 3 bar engulfing pattern / s/r as well, since one would not have known ahead of time whether 2 would actually present itself.
Just had to post this chart of a "how the ideal trades woulda gone for me on the last leg" thing, by the numbers, so to speak.
I am not going to label / title the numbers or the entries, because I think part of the fun is being able to just see and nod eventually, and this is a chart for those folks.
Again - no need to go below daily, this one was plenty of fun on daily alone. And oil is like lightning sometimes anyways, so not the worst idea to keep it a bit more sane with daily bars
Enjoy this hindsight generated chart
P.S.: one could have also put another entry on the break of the 3 bar engulfing pattern / s/r as well, since one would not have known ahead of time whether 2 would actually present itself.
Trust price. Know yourself.
yeah, I tend to do that when I have too much time on my hand.. (got a stop that)
you're kind of late with that oil tip, bro..
.
did you made buy with the breakout of the outside bar or from his bottom ?
where did you place your stop?
as i know you should trade it with breakout of the outside bar....your purple line is in the bottom did you bought thier? if yes please explain....(may be i am wrong)
Thanks
Shay
- #9,299
- Feb 27, 2008 12:25pm Feb 27, 2008 12:25pm
- Joined Feb 2006 | Status: 'Try-hard' extraordinaire... | 2,151 Posts
Hi, i can see this PA but i am trying to understad how did you trade it...?
did you made buy with the breakout of the outside bar or from his bottom ?
where did you place your stop?
as i know you should trade it with breakout of the outside bar....your purple line is in the bottom did you bought thier? if yes please explain....(may be i am wrong)
Thanks
Shay
...he'd have been playing the trading range / consolidation that developed at the time. ....Smaller time frame?
And RZ,
demo? ....lol. I'm feeling ya!
I get rare chances to trade oil. I can't afford to run 2 parts, which keeps me away. SOoooooo many oppurtunities. Even one mini contract is out of reach a lot of the time. Because of guaranteed stops on that account I can't put my stop any closer than 40 pnts on oil either.
One day!
Bundy's status today: "Waiting..."
- #9,300
- Feb 27, 2008 12:39pm Feb 27, 2008 12:39pm
- Joined Feb 2006 | Status: 'Try-hard' extraordinaire... | 2,151 Posts
Bundy's status today: "Waiting..."