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tmanbone
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Postby tmanbone » Mon Feb 15, 2010 2:36 am

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I'm thinking BE +1 instead of full 8 pip stop.
"The simplicity of the markets is it's greatest disguise"

T

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tmanbone
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Postby tmanbone » Wed Feb 17, 2010 2:53 am

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Trying something new.
"The simplicity of the markets is it's greatest disguise"



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newschool
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Postby newschool » Wed Feb 17, 2010 2:58 am

Indeed, the first phase of the trader is the sema. Trying to pick highs and lows. It's normal and natural.

;)

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Postby tmanbone » Wed Feb 17, 2010 3:11 am

Ah Ha newschool look a little harder. Those are pinbars. Someone I've been studying says that the newly formed bar, after the pin bar, has a high probability of a retrace to 61.8 of the previous bar. Check back and we will see.

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Is it going to make it? Stay tuned!
"The simplicity of the markets is it's greatest disguise"



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Postby tmanbone » Wed Feb 17, 2010 3:36 pm

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Didn't pan out this time.
"The simplicity of the markets is it's greatest disguise"



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newschool
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Postby newschool » Wed Feb 17, 2010 9:30 pm

I could make a fibonacci EA in one hour... but you probably wouldnt like the result ;)

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Postby tmanbone » Wed Feb 17, 2010 10:10 pm

The two previous pinbar trades would have profited.
"The simplicity of the markets is it's greatest disguise"



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Postby tmanbone » Fri Feb 19, 2010 1:04 am

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Starting to study longer term. Stop maybe to tight. Will the 61.8 hold? I need to incorporate some fundimental education.
"The simplicity of the markets is it's greatest disguise"



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newschool
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Postby newschool » Fri Feb 19, 2010 1:13 am

tbone, perhaps you are questionning my interventions but always remember that we grow on criticisms , not on compliments ;)

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Postby tmanbone » Fri Feb 19, 2010 1:25 am

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After further review the above trade was dumb as a rock. I appreciate you newschool, critique at will. I enjoy the interaction. Thank you.
"The simplicity of the markets is it's greatest disguise"



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