Sho / Rob / Francis / Dave
47 visitors down here
Intraday price action trend trading
- #2,641
- May 17, 2010 5:04am May 17, 2010 5:04am
- | Joined Dec 2007 | Status: re....member | 2,095 Posts
- #2,643
- May 17, 2010 5:05am May 17, 2010 5:05am
- | Joined Sep 2009 | Status: Trader | 1,188 Posts
pied piper Sho
Hope he's not leading the rats over the cliff.
Or was it chidren? Maybe I got the story wrong.
- #2,644
- May 17, 2010 5:08am May 17, 2010 5:08am
- | Joined Dec 2007 | Status: re....member | 2,095 Posts
Hope he's not leading the rats over the cliff.
- #2,645
- May 17, 2010 5:11am May 17, 2010 5:11am
- Joined Jan 2010 | Status: Trader | 1,188 Posts
Hope he's not leading the rats over the cliff.
you guys are hard working.this is the only reason i post. you guys make me to post.i enjoy with you people.like another family.
hope you will get there soon and will help others as well.i wont be here any more if i dont see any old timer.
- #2,646
- May 17, 2010 5:11am May 17, 2010 5:11am
- | Joined Dec 2007 | Status: re....member | 2,095 Posts
- #2,647
- May 17, 2010 5:12am May 17, 2010 5:12am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
- #2,649
- May 17, 2010 5:21am May 17, 2010 5:21am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Francis, you really in love with your sma5
e/j +18 50% retrace sma5 long
- #2,650
- May 17, 2010 5:24am May 17, 2010 5:24am
- | Joined Dec 2007 | Status: re....member | 2,095 Posts
- #2,652
- May 17, 2010 5:35am May 17, 2010 5:35am
- | Commercial User | Joined Nov 2007 | 1,079 Posts
That's why it's important to be aware of these levels when trading around them.
Good to see you here in class today Sho
Nothing is better than some words of wisdom from the head teacher.
Rob
- #2,653
- May 17, 2010 5:39am May 17, 2010 5:39am
- Joined Jan 2010 | Status: Trader | 1,188 Posts
I believe I understand the method Sho, just have difficulty taking inside bar breaks recently because of the stops required. From your perspective Sho, is it OK to take an IB break that requires a 32 pip stop and use a smaller intrabar stop instead? Or would that be considered too risky?
I'll post a few charts where things aren't clear to me.
The pied piper reference was a joke by the way!
for the time being use only the setup that makes you feel ok.
decrese the pip value so you can risk bit more.move your stop to 20 pip if you can and practice that for one more week.and i will share with you soon.
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we all need some fun and laugh as well while we are trading.so you are well come or any body to post any funny stuff.its good for the heart as well.
but dont make me too much laugh man,otherwise i will start crying
will be nack in a minute tea break
- #2,654
- May 17, 2010 5:40am May 17, 2010 5:40am
- | Joined Dec 2007 | Status: re....member | 2,095 Posts
- #2,655
- May 17, 2010 5:44am May 17, 2010 5:44am
- | Joined Dec 2007 | Status: re....member | 2,095 Posts
- #2,656
- Edited 5:59am May 17, 2010 5:49am | Edited 5:59am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Hi ShengL
Before I missed, here is the post from Sho in 1st Thread #1988, which is talking about conservative / aggressive approach.
Sorry, don't know how to add a link into a post.
Before I missed, here is the post from Sho in 1st Thread #1988, which is talking about conservative / aggressive approach.
Sorry, don't know how to add a link into a post.
- #2,659
- May 17, 2010 6:07am May 17, 2010 6:07am
- Joined Jan 2010 | Status: Trader | 1,188 Posts
So far today, the supply level shown below has succeeded in providing resistance.
That's why it's important to be aware of these levels when trading around them.
Good to see you here in class today Sho
Nothing is better than some words of wisdom from the head teacher.
Rob
i am not wise you are lot wiser than me.i can bet.
and yes its very important to beware of those supply and demand levels.this is where all the big orders are waiting.those levels are clue, what the big boys are doing.and we know where are they waiting to hunt the people.
and keep an eye on fib level as well.we dont trade we trade price at those levels and see the price action at those levels its often look by big funds.