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PRICE Accordingly

  • #2,061
  • Oct 19, 2011 9:15pm Oct 19, 2011 9:15pm
Remember it has 83.33% wining chance at this point.

It usually gives 1000 pips or even more return after several month.
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No one wants to be defeated~
  • #2,062
  • Oct 20, 2011 1:31am Oct 20, 2011 1:31am
Nice double top on us/cad
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What you do is a reflection of you....what I do is a reflection of me.
  • #2,063
  • Oct 20, 2011 1:49am Oct 20, 2011 1:49am
hello everyone..

Lets roll baby..

we got atm striking pa and PB for some sbt/smbt setups..

I got a sell pending sbt on ej and eying the others for same type of play..


Ezzy, nice job on spotting the db on a mild band for a reverse on cad.
  • #2,064
  • Oct 20, 2011 2:02am Oct 20, 2011 2:02am
Quoting P.Dean
hello everyone..

Lets roll baby..

we got atm striking pa and PB for some sbt/smbt setups..

I got a sell pending sbt on ej and eying the others for same type of play..


Ezzy, nice job on spotting the db on a mild band for a reverse on cad.

Hi PD

Thanks.

I still have a lot of reading to do on this thread, have not had a lot of time ATM, but hoping to catch up. I'm still learning name of trades and rules for each.

PD - liking the system so far!!!

Cheers to all

Ezzy
What you do is a reflection of you....what I do is a reflection of me.
  • #2,065
  • Oct 20, 2011 2:03am Oct 20, 2011 2:03am
got bearly trigged for the ej sbt setup..
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  • #2,066
  • Oct 20, 2011 2:05am Oct 20, 2011 2:05am
eu live as well..
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  • #2,067
  • Oct 20, 2011 2:20am Oct 20, 2011 2:20am
Sorry PD, I cannot post the charts with sell lines or arrows. I trade from a diffrent platform. I suppose I could post the chart without the extras if you want. Anyway, got 3.4 from the EU SMBT. Got nervous about its hesitations.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #2,068
  • Oct 20, 2011 2:31am Oct 20, 2011 2:31am
Quoting P.Dean
got bearly trigged for the ej sbt setup..
banked +13 on this one, just for the purpose of having some money in the bank getting ahead of the game early especially that i had two trade in the same direction at the same time, insurance money baby...
keeping the eu well into profit since LL was broken pretty nicely but watching the on going reaction at LL like a hawk..
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  • #2,069
  • Oct 20, 2011 2:35am Oct 20, 2011 2:35am
Quoting P.Dean
eu live as well..

out on this one too +18..

patience paid off on both of these as you all know that post trigger it reversed on me for a bit and did look scary at moments... but its all about holding your ground which is build over time with confidence and believe in what you do, the style, the philosophy of your strategy..
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  • #2,070
  • Edited 2:50am Oct 20, 2011 2:38am | Edited 2:50am
Quoting capstone
Sorry PD, I cannot post the charts with sell lines or arrows. I trade from a diffrent platform. I suppose I could post the chart without the extras if you want. Anyway, got 3.4 from the EU SMBT. Got nervous about its hesitations.
cap.. do as you wish brother... this place is for learning and sharing you more than welcome to share your preferred chart.

.. and about your eu trade... like I said in my last post.. hold your ground and give the Price the reasonable development time if you believe the entries that we use here (epecially the sbt/smbt, the trend following ones) are high probability setup, or don't get in if your going to exit prematurely. I know it comes with more practice and experience, but me mentioning it might not hurt and build confidence for you all.
overall atta way to reco it and make present for it, that's the key.
  • #2,071
  • Oct 20, 2011 2:48am Oct 20, 2011 2:48am
I want you all to look at the chart...
you see how it reversed.. now look at my exits..
did i know it will reverse??.. hell no..

I just follow my Survive & Preserve philosophy before getting lost in the dream of catching runners... are you with me!!!.. that what trading is all about.. keeping expectations in check at all times.

don't want to sound like giving lectures.. but the psychological stuff of this game is 80% of the work once the elementary work of trading is out of the way.


now.. like our buddy Klaxon says.. back to bushes..lol

lets roll baby for some more..
  • #2,072
  • Oct 20, 2011 3:07am Oct 20, 2011 3:07am
you all see the sbt setups on eu ej gu... well i rejected all three of them for now.. just in case if your were wondering to getting or not.
  • #2,073
  • Oct 20, 2011 3:20am Oct 20, 2011 3:20am
I thought an SBT had to reach the opposite band, not the closest band. Am I mistaken?
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #2,074
  • Oct 20, 2011 3:49am Oct 20, 2011 3:49am
Quoting P.Dean
I want you all to look at the chart...
you see how it reversed.. now look at my exits..
did i know it will reverse??.. hell no..

I just follow my Survive & Preserve philosophy before getting lost in the dream of catching runners... are you with me!!!.. that what trading is all about.. keeping expectations in check at all times.

don't want to sound like giving lectures.. but the psychological stuff of this game is 80% of the work once the elementary work of trading is out of the way.


now.. like our buddy Klaxon says.. back to bushes..lol...
Hey PD. Just want to say I'm enjoying your commentary on days like today, its very helpful in confirming what I've seen on the charts and comparing it to my trade management. Happy to have 'lectures' like that anytime! I'm finding your method simple to understand, so easy to pick up. Really like it.

Cheers

Occam
  • #2,075
  • Oct 20, 2011 3:54am Oct 20, 2011 3:54am
Quoting occamsrazors
Hey PD. Just want to say I'm enjoying your commentary on days like today, its very helpful in confirming what I've seen on the charts and comparing it to my trade management. Happy to have 'lectures' like that anytime! I'm finding your method simple to understand, so easy to pick up. Really like it.

Cheers

Occam
your most welcome brother..
  • #2,076
  • Oct 20, 2011 4:02am Oct 20, 2011 4:02am
Quoting capstone
I thought an SBT had to reach the opposite band, not the closest band. Am I mistaken?
maybe this chart explanation clarifies for you..

a Pullback (PB) from a striking position band to other side (aka.. opposite side band) is a possible sbt setup with rf confirmation.
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  • #2,077
  • Oct 20, 2011 4:03am Oct 20, 2011 4:03am
Quoting P.Dean
you all see the sbt setups on eu ej gu... well i rejected all three of them for now.. just in case if your were wondering to getting or not.
PD....I would love to know what your thought process was for rejecting these setups
"Amat Victoria Curam" Victory Loves Preparation
  • #2,078
  • Oct 20, 2011 4:08am Oct 20, 2011 4:08am
I see what you mean now. I was so into the fact that it was rising that I did even consider it a an SBT for a continued fall. Thanks for showing me that.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #2,079
  • Oct 20, 2011 4:24am Oct 20, 2011 4:24am
Quoting daytrade5
PD....I would love to know what your thought process was for rejecting these setups

ok i was waiting to see if anyone picked up on that rejection call and ask me a question about it.. well done dayt5

I will explain it in full as it is a key detail in two regards.. (book mark this post folks)
1) why to reject at first..
2) what to do to get back on it..

explaining 1..
I rejected bcz i use the combination of tools and PA to make better more sound decisions when things look so close but so far with not much difference in between..
as you all see at the time the band looked clearly striking.. we got the smbt setup and made some money.. but as you see PA failed to break out of the LL and bounced to the upper band.. so this could be the sign of weakness on the on going trend or striking band...
..to countinue it falls to explaining 2..
so what i do.. i buy myself some time.. with rejecting the first RF confirmation and wait for the second RF confirmation and trade that one... now, on eu and ej PA's true intention showed up and price surged to the top and i got saved.. but now turn to GU and u will see that on the 2nd RF confirmation PA burst to the lower band for a nice little profit.

lets call the above the million $$ tip humbly.. lol.. bcz it allows you to see the true intentions of the PA.. it saves you in one way and yet gets you in when the time is right.. its not certain but its high probable.
at the end whether we want it or not or accepted or not.. we are speculators.. with a kick maybe.. lol.


Cheers,
  • #2,080
  • Oct 20, 2011 4:27am Oct 20, 2011 4:27am
Thanks PD....that really helps!!
"Amat Victoria Curam" Victory Loves Preparation
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