newscalper wrote:No idea what you're doing raw
not up to me to say how raw sees it but - for what its worth - on the EJ ..
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newscalper wrote:No idea what you're doing raw
raw wrote:News,
I am trading like Doji. At least I think I am, given that I'm modelling my trading by the method(s) outlined in his thread.
1. Look at the chart I posted. Look at the stack entries. I don't know what you mean by 'pure' price action, but that chart exhibits continuation trades. Continuation trades (stacking) only work, if the level fails.
I've marked up the S D zones/(line) in the black rectangles. As candles cross and close below these zones/lines, I continue to sell. A retrace wick is all I need to know that price will continue south.
2. The latest chart I'm posting exhibits the same concept. Price crosses and closes beyond a zline (zline was taken from previous dem level) Price retraces to that line, and I sell. I let this trade ride, cuz I had to hit the books this afternoon. Made around 15 pips.
Its 3am, gotta crash, hope this helps you...