my done for the week after I was done for the week.
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Arkan--------
i was going to say the same thing Doji said.
Bias was/is still short.
i would be short biased until the h4/D1 demand gets tested.
If you are scalping or semi scalping or whatever, you cannot let that m5 bar spike that high like that and then take a full stop or a stop near that low, it was pretty clear they were running stops, and the next place they would take it from there is the extreme.
Why?
Because they know that they can get the liquidity off that pivot high and low. Do not do what the herd does.
i was going to say the same thing Doji said.
Bias was/is still short.
i would be short biased until the h4/D1 demand gets tested.
If you are scalping or semi scalping or whatever, you cannot let that m5 bar spike that high like that and then take a full stop or a stop near that low, it was pretty clear they were running stops, and the next place they would take it from there is the extreme.
Why?
Because they know that they can get the liquidity off that pivot high and low. Do not do what the herd does.
Last edited by es/pip on Fri Oct 19, 2012 8:53 pm, edited 1 time in total.
Bend over and assume the position for another 4 years of hope and change.
i am not saying you can not trade long if the bias is short.
Just that, if you do then those trades should be tighter as far as how you manage it.
There were just longs off that stop run on m5 and again off that m5 momo. but they are quick hits in and out, at least for me.
Just that, if you do then those trades should be tighter as far as how you manage it.
There were just longs off that stop run on m5 and again off that m5 momo. but they are quick hits in and out, at least for me.
Bend over and assume the position for another 4 years of hope and change.
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- dojirock
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es/pip wrote:dojirock wrote:my done for the week after I was done for the week.
Never say you are done and then look at a chart while it is still trading. hahahaha .
We all know i can't do it either.
nice trading
ah...lol
busted....its addicting....
have a great weekend all!
It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
- prochargedmopar
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10/2 BB
6/12 ema's
12/26/9 2-line macd (slow line set to none)
"Naked" charts are not the answer for everyone:
It might just help someone SEE.
6/12 ema's
12/26/9 2-line macd (slow line set to none)
"Naked" charts are not the answer for everyone:
It might just help someone SEE.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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