T's Journal

[tmanbone]

Third.

[TygerKrane]

• What risk percentage are your stops again?
• How many pips is that risk spread over again?
  [s]
• How many lots are you doing your initial entry with??[/s]

Whenever you're ready, I'm all ears, tman.

Definitely admire your dedication to the Flying Buddha.

But something tells me it was the cool name that got you hooked-in so hard.

[tmanbone]

Note candles in ellipse. The last two are not technically FB's, but close enough for what I'm looking to accomplish. What got me hooked was knowing, a higher percentage than not, the FB's will revert back to the 5ema. Edge? something I've given a lot of thought to.

[trueblueTEX]

Tman, do you see any significance in the FB candle being a Green candle instead of a Red candle? In other words, do you think that the Green candle should be an FB in order for the odds to be greater that the Green Rat trade will work?

[ZEN]

I'm going to look for FB too!
Thank tmanbone!

[tmanbone]

Yes TEX. I think FB's in your color have an advantage. Studying FB's with the bodies close below the mean. The edge being a move to the mean. I would market in, in this case. Still learning.



I need to update the trade plan in the first post. It has evolved and not been updated.

[tmanbone]

Potential rat entries followed down, marked by blue lines. Then a base hit. TRO's classic 5 pip scalp.

[ZEN]

Is this a Flying Budha?

[TygerKrane]

Potential rat entries followed down, marked by blue lines. Then a base hit. TRO's classic 5 pip scalp.

Looks more like an Iron Man Launch to me...

Let me now change my name and go to FF & Trade2Win and post about how unethical you are, tman.

[tmanbone]

Zen, I can't see your chart very well, it won't zoom. The ironman launched again. magnitude over ? divided by ?