QuoteDislikedPeter, I took it.
It's worked out well.
Rob
This one is even better, I guess. I mean the last red pinbar.
Attached Image (click to enlarge)
Intraday price action trend trading
??
- #3,566
- Jun 15, 2010 1:04pm Jun 15, 2010 1:04pm
lesson to be learned AGAIN
, tried to pick the top of the TREND and MOMENTUM, thought it had ran its course,and tried to be a thief, guess what? it kept on going and i'm looking silly again,
GO WITH THE TREND/MOMENTUM
[ATTACH]491531[/ATTACH
yes eric you can laugh, just wasted all my hard work today on trying to be a smart arse,
, tried to pick the top of the TREND and MOMENTUM, thought it had ran its course,and tried to be a thief, guess what? it kept on going and i'm looking silly again,GO WITH THE TREND/MOMENTUM
[ATTACH]491531[/ATTACH
yes eric you can laugh, just wasted all my hard work today on trying to be a smart arse,
Stop killing our Oceans, Stop using single use plastics.
- #3,567
- Jun 15, 2010 8:02pm Jun 15, 2010 8:02pm
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
lesson to be learned AGAIN
GO WITH THE TREND/MOMENTUM
[ATTACH]491531[/ATTACH
yes eric you can laugh, just wasted all my hard work today on trying to be a smart arse,
Of course not, I trust I got the same mistakes more than yours particular its my bad habit. But having read Sho's zone attack, it did allow us to have more opp to play (both trend and counter trend trading). So now may be the only need for us is to master this method.
Cheers
City
- #3,570
- Jun 16, 2010 6:11am Jun 16, 2010 6:11am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Rob, you have got your 40, now is long term play!!
This is what I see 'possibly' happening ...
(take a look at price action within 4hr Keltners)
- #3,571
- Jun 16, 2010 6:27am Jun 16, 2010 6:27am
- | Commercial User | Joined Nov 2007 | 1,079 Posts
Rob, you have got your 40, now is long term play!!
If it continues going up, I can set the SLs to BE and also play a few scalps on the way up.
Let's see what the market does after NY opens.
Rob
- #3,573
- Edited 8:28am Jun 16, 2010 7:49am | Edited 8:28am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
- #3,574
- Jun 16, 2010 7:58am Jun 16, 2010 7:58am
- | Commercial User | Joined Nov 2007 | 1,079 Posts
Taking a rest on support in the pink zone
after an upward momentum bar.
Buy on a break up of the IB
Putting my neck on the block, I anticipate price (perhaps) hitting the 1.49 resistance zone today, shown on the chart below. That would also be about a 150 pip daily range which is similar to what we saw yesterday.
As always, let's watch price action on the 15 min time frame because the market will do what it wants, not what my edges lead me to anticipate
Rob
- #3,575
- Jun 16, 2010 8:05am Jun 16, 2010 8:05am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
- #3,576
- Jun 16, 2010 8:08am Jun 16, 2010 8:08am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Rob,
Tks for the updates on GU, you made me become your regular reader
Cheers
Eric
Tks for the updates on GU, you made me become your regular reader
Cheers
Eric
Cable is enjoying good upward momentum and I have accumulated 4 open positions when the opportunities presented themselves through price action on the 15 min chart (which Sho teaches).
Putting my neck on the block, I anticipate price (perhaps) hitting the 1.49 resistance zone today, shown on the chart below. That would also be about a 150 pip daily range which is similar to what we saw yesterday.
As always, let's watch price action on the 15 min time frame because the market will do what it wants, not what my edges lead me to anticipate
- #3,577
- Jun 16, 2010 8:16am Jun 16, 2010 8:16am
- Joined Jan 2010 | Status: Trader | 1,188 Posts
i am glad to see some great analysis from you guys.
this is the way to go through day by day.
keep them comeing guys.!!!!!!!!!!
this is the way to go through day by day.
keep them comeing guys.!!!!!!!!!!
- #3,578
- Jun 16, 2010 8:19am Jun 16, 2010 8:19am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Rob,
I know you have reviewed the daily too, just an update.
Cheers
City
I know you have reviewed the daily too, just an update.
Cheers
City
Cable is enjoying good upward momentum and I have accumulated 4 open positions when the opportunities presented themselves through price action on the 15 min chart (which Sho teaches).
Putting my neck on the block, I anticipate price (perhaps) hitting the 1.49 resistance zone today, shown on the chart below. That would also be about a 150 pip daily range which is similar to what we saw yesterday.
As always, let's watch price action on the 15 min time frame because the market will do what it wants, not what my edges lead me to anticipate
- #3,579
- Jun 16, 2010 8:54am Jun 16, 2010 8:54am
- | Commercial User | Joined Nov 2007 | 1,079 Posts
Rob,
I know you have reviewed the daily too, just an update.
Cheers
City
I'm watching all my positions closely.
- #3,580
- Jun 16, 2010 10:34am Jun 16, 2010 10:34am
- | Commercial User | Joined Nov 2007 | 1,079 Posts
Cable is enjoying good upward momentum and I have accumulated 4 open positions when the opportunities presented themselves through price action on the 15 min chart (which Sho teaches).
Putting my neck on the block, I anticipate price (perhaps) hitting the 1.49 resistance zone today, shown on the chart below. That would also be about a 150 pip daily range which is similar to what we saw yesterday.
As always, let's watch price action on the 15 min time frame because the market will do what it wants, not what my edges lead me to anticipate
Rob...