GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
- #461
- Edited Feb 22, 2017 10:25am Feb 21, 2017 12:31pm | Edited Feb 22, 2017 10:25am
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
- #463
- Feb 22, 2017 10:25am Feb 22, 2017 10:25am
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
- #464
- Feb 26, 2017 1:42am Feb 26, 2017 1:42am
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
Questions asked about where to place limit order for pullback?
Here is 1,000 tick of UJ from Friday;
Does the obvious trade jump out at you?!
Here is the same action but now on 200 ticks c/w labels and trade;
It can be a doji on a larger scale, but will generally be a 123 on a small scale.
Here is 1,000 tick of UJ from Friday;
Does the obvious trade jump out at you?!
Here is the same action but now on 200 ticks c/w labels and trade;
It can be a doji on a larger scale, but will generally be a 123 on a small scale.
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
- #465
- Feb 26, 2017 2:01am Feb 26, 2017 2:01am
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
- #467
- Feb 26, 2017 2:37am Feb 26, 2017 2:37am
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
- #469
- Feb 26, 2017 9:32am Feb 26, 2017 9:32am
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
Will post this chart over this side too for posterity, as H's thread is gaining in popularity and gets many posts now! Here i can come back to look at this, as it is exactly what we should be looking for;
123's come in all different scales, but we want to retest the subwave (i) of the trigger leg, thus we want a 123 big enough to visualise easily, followed by a second smaller 123, which is where we place our limit order ready for the retest...
If it doesn't connect, it means the underlying strength was stronger. Move on to the next set-up!
123's come in all different scales, but we want to retest the subwave (i) of the trigger leg, thus we want a 123 big enough to visualise easily, followed by a second smaller 123, which is where we place our limit order ready for the retest...
If it doesn't connect, it means the underlying strength was stronger. Move on to the next set-up!
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
- #470
- Feb 26, 2017 11:35am Feb 26, 2017 11:35am
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
I don't know how else to spell it out!
My approach has always been that the doji that we look for to place limit trade upon pullback, is actually a 123 on a faster tick scale...
Trade the above set up everytime you see it and you WILL make money.
Big 123 followed by small 123;
Occasionally it will be an abc complete and that is when it will lose, but more often than not, if the second 123 (that triggers the first one) is much smaller than the original, it is very likely to be a subwave of a larger cycle and thus profitable...
In the chart i show an example of how to ascertain a valid 123 - look for a break of sequence immediately followed by return to trend (the trigger).
My approach has always been that the doji that we look for to place limit trade upon pullback, is actually a 123 on a faster tick scale...
Trade the above set up everytime you see it and you WILL make money.
Big 123 followed by small 123;
Occasionally it will be an abc complete and that is when it will lose, but more often than not, if the second 123 (that triggers the first one) is much smaller than the original, it is very likely to be a subwave of a larger cycle and thus profitable...
In the chart i show an example of how to ascertain a valid 123 - look for a break of sequence immediately followed by return to trend (the trigger).
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
- #471
- Feb 26, 2017 11:51am Feb 26, 2017 11:51am
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
and just to state, that this is also, of course, fractal... here is the GJ (1hr chart), for an example;
so if you would rather get a trade away and look for a few hundred pips, just zoom out, (of course it's relative to pips risk in any case!)
so if you would rather get a trade away and look for a few hundred pips, just zoom out, (of course it's relative to pips risk in any case!)
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
- #472
- Feb 27, 2017 1:15am Feb 27, 2017 1:15am
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
First one of the day on EU:
+6 (pips)
On an even faster tick, the actual entry was earlier, with subwave (i) making a very small 123. The thrust away from that triggered the original 123 (blue) and is retested exactly...
+6 (pips)
On an even faster tick, the actual entry was earlier, with subwave (i) making a very small 123. The thrust away from that triggered the original 123 (blue) and is retested exactly...
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
- #473
- Feb 27, 2017 2:05am Feb 27, 2017 2:05am
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
Loads going on with UJ this morning;
These are scalps of +4's, 5's & 6's after spread is covered.
I have not investigated ADS securities as yet. H (or rather Clive) reckons the spread on the GbpJpy is as low as 2.2 pips. On both my SB platforms the spread is around 4/4.2 pips vs the UsdJpy @ 0.7/0.8pips, thus i would need the GbpJpy to move 4 to 5 times the distance to equal the movements of the UJ and whereas, yes, it does move more... it does not move that much more, thus the UJ is much more favourable at my providers spreads...
If i find that ADS provides a decent charting platform where i can point and shoot for limit entries with pre-determined stops and limits attached and also has no minimum stoploss placement restrictions, i will look to open a demo with them.
These are scalps of +4's, 5's & 6's after spread is covered.
I have not investigated ADS securities as yet. H (or rather Clive) reckons the spread on the GbpJpy is as low as 2.2 pips. On both my SB platforms the spread is around 4/4.2 pips vs the UsdJpy @ 0.7/0.8pips, thus i would need the GbpJpy to move 4 to 5 times the distance to equal the movements of the UJ and whereas, yes, it does move more... it does not move that much more, thus the UJ is much more favourable at my providers spreads...
If i find that ADS provides a decent charting platform where i can point and shoot for limit entries with pre-determined stops and limits attached and also has no minimum stoploss placement restrictions, i will look to open a demo with them.
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
- #474
- Feb 27, 2017 6:56am Feb 27, 2017 6:56am
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
Big one, little one!
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
- #476
- Feb 27, 2017 7:14am Feb 27, 2017 7:14am
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
- #477
- Edited 7:45am Feb 27, 2017 7:24am | Edited 7:45am
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
Big one, little one (lol!)
Now switched over to Dow this time, UJ above was from a little earlier, but been a bit too occupied to post... Cant beat a quickie...
As i mentioned yesterday elsewhere, it may be pinpoint to the tick, or it may overshoot by 2 or 3 ticks, as this did above. I am sticking to my stops above point 3 for now, but will trial a larger 'emergency' stop and try the 'get out of jail free' approach at some stage...
Now switched over to Dow this time, UJ above was from a little earlier, but been a bit too occupied to post... Cant beat a quickie...
As i mentioned yesterday elsewhere, it may be pinpoint to the tick, or it may overshoot by 2 or 3 ticks, as this did above. I am sticking to my stops above point 3 for now, but will trial a larger 'emergency' stop and try the 'get out of jail free' approach at some stage...
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
- #478
- Feb 28, 2017 6:53am Feb 28, 2017 6:53am
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
This would look sensible;
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
- #479
- Feb 28, 2017 7:36am Feb 28, 2017 7:36am
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
Ok, so here we are again. This is basically the theme... Big 123, small 123 (as subwave (i) of trigger leg. subwave (iii) then triggers the first 123 and look to retest subwave (i) immediately (without a countertrend 123).
This way, even if it is only abc simple corrective it should give enough room for a stop to +1 literally everytime.
Q's;
I will post some more examples...
This way, even if it is only abc simple corrective it should give enough room for a stop to +1 literally everytime.
Q's;
I will post some more examples...
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
- #480
- Edited 9:46am Feb 28, 2017 7:45am | Edited 9:46am
- Joined Apr 2011 | Status: NQ eta moi lybov... | 3,030 Posts
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)