Disliked{quote} It is ok. I was too conservative today. The first long was too close to the Globex session high so I passed. For the second long, I saw TSI double divergence. I did not see the third long all all.Ignored
- #10,664
- Mar 7, 2016 11:20am Mar 7, 2016 11:20am
- | Joined Feb 2006 | Status: Trader | 1,392 Posts
{quote} Just make sure you get your orders in when trying to give alerts. I have missed a number of trades due to posting here. I now only post my trades after the order is in and my order is filled, if then. While we all want to help and to be helped, day trading does not allow any room to be "late to the party" on these set ups. Yes, you can enter with a limit order and hope for a pullback to fil you, but very often the market never pulls back and instead goes to the profit target without you.
.
- #10,665
- Mar 7, 2016 11:29am Mar 7, 2016 11:29am
- | Joined Feb 2006 | Status: Trader | 1,392 Posts
I guess I was asking for that, H 
dd : how's the small account project going, I wonder ?
I'm thinking of doing something similar on the Bund when I return from a Costa Rica vacation at the end of this month. The Bund will make for a slower project, but my intention would be to get from 1 to a 10 lot in 6 months.
On the one hand, publishing results adds focus & accountability; on the other, it could also add a less beneficial ego component... I will contemplate when I there :
dd : how's the small account project going, I wonder ?
I'm thinking of doing something similar on the Bund when I return from a Costa Rica vacation at the end of this month. The Bund will make for a slower project, but my intention would be to get from 1 to a 10 lot in 6 months.
On the one hand, publishing results adds focus & accountability; on the other, it could also add a less beneficial ego component... I will contemplate when I there :
- #10,668
- Mar 7, 2016 11:41am Mar 7, 2016 11:41am
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
- #10,673
- Mar 7, 2016 2:17pm Mar 7, 2016 2:17pm
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
{quote} the key CG is as long as it gives you the visual you need to find trend and setup continue with what your doing
I think my aim was always to try and cut out the losing 123 trades, but perhaps my workings (inc some basic EW theory) and analysis have no place on this thread!
I got so used to my own development of the original flagtrade, that even now, i find i become drawn to a certain style and angle, so two last charts to really sum up exactly how simple things can be (and not a sniff of EW labelling in sight!)
The Neg divergence, reverse C&H, the break of last HL, perfect flagline angle, 123 et voila
When the flagline is shallow (as above), it is far less likely that the 123 will trigger and then fail - it is far more likely to be the start of a new wave.
My other fave is a pullback within trend that follows Hidden Div. The 123 creates a second (shallower) flagline after breaking out of it's channel line and because of the size of it, again, is far less likely that the 123 will fail (it simply does not look as if it will turn lower again to become a two legged pullback and no prior Neg Div to worry about either);
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
