Semaphore @ the open worked well ..but I was away from the computer..
Did you happen to catch it ? Please feel free to post your semaphore trades .
Noone22 : your right ,MT4 is a great platform also . Ninja is just a preferance ( btw some brokerages offer it for free ) . Use whatever you are most comfortable with ...
Trade well....Chappy
NINJA PLATFORM
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- Patch
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dchappy
Great trade this morning.
I've got a question for you. At 8:13 the CCI was black, as was the HA candle. This would normally signal an exit. Was this during the time Chappy you were away from the computer? If so, when you are away, do you leave a trailing stop or another kind of exit while you are away?
Did you catch the 10:10 short or was that a trade that appeared after you headed for work?
Great, Great Job Chappy,
Patch
In VA
Great trade this morning.
I've got a question for you. At 8:13 the CCI was black, as was the HA candle. This would normally signal an exit. Was this during the time Chappy you were away from the computer? If so, when you are away, do you leave a trailing stop or another kind of exit while you are away?
Did you catch the 10:10 short or was that a trade that appeared after you headed for work?
Great, Great Job Chappy,
Patch
In VA
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO
Hi Patch : No , I missed the 3am open , so I entered around 7am with a demo trade . You are right 8:13 would have been the exit for me , but I bent my rules a little to see what would transpire . I'm trying to focus a little more on the body & wick sizes as Monolisa suggests . Notice the 2 black bars @ 8:13 were very weak , this may have been a good point to scale out of a multiple position & let the remainder run to the next Sema . Make sense ?
Missed the 10:10 trade also .
No $ today but gained some insights ....Thanks Chappy
Missed the 10:10 trade also .
No $ today but gained some insights ....Thanks Chappy
- Patch
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Chappy
I will go back and read monolisa's post about HA candles and their wicks and bodies. Thus far I keep going back and forth between HAs and regular candles. What swayed you to HAs? Plus and minus between the two. Thanks for your helpful response and explaination. --Patch
PS I went to VA congressman moran's town hall in Reston, VA that included Howard the Screamer DEAN of all people. I had work to finish up so didn't get there as early as I was told I would need to make it to get in the meeting room. I am sorry I missed Randal Terry being removed from the 3000 folks meeting.
I will go back and read monolisa's post about HA candles and their wicks and bodies. Thus far I keep going back and forth between HAs and regular candles. What swayed you to HAs? Plus and minus between the two. Thanks for your helpful response and explaination. --Patch
PS I went to VA congressman moran's town hall in Reston, VA that included Howard the Screamer DEAN of all people. I had work to finish up so didn't get there as early as I was told I would need to make it to get in the meeting room. I am sorry I missed Randal Terry being removed from the 3000 folks meeting.
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO
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2nd Sema has us back in profit .(" What I lose , I can win back again" = Dragon33 )
Patch : I like the HA 's as they don't scare me out of a trade like candles used to .It's just a visual " security blanket " heh.. use what speaks to you .
Trade well......Chap
Patch : I like the HA 's as they don't scare me out of a trade like candles used to .It's just a visual " security blanket " heh.. use what speaks to you .
Trade well......Chap
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- $EURUSD 8_26_2009 (10 Range).jpg (100.44 KiB) Viewed 3079 times
I talked with a trader this week who has taken his account from 1k to 15k in 6 months .
He uses a different method , so I asked what he looks to for trade opportunities . He said he hunts for " turning points " in the market , followed by momentum .
Remember what Paul Rotter said ...He looks for 1. Areas of Exhaustion ,followed by 2. New Energy .
TRO shows the same thing through many of his charts & indi's .
MO , Dragon , es/pip & others hunt trades using support/resistance ( exhaustion ) followed by momo ( new energy ) .
Yogi Beara said " You can see a lot by observing "
Have a good weekend .....Chap
He uses a different method , so I asked what he looks to for trade opportunities . He said he hunts for " turning points " in the market , followed by momentum .
Remember what Paul Rotter said ...He looks for 1. Areas of Exhaustion ,followed by 2. New Energy .
TRO shows the same thing through many of his charts & indi's .
MO , Dragon , es/pip & others hunt trades using support/resistance ( exhaustion ) followed by momo ( new energy ) .
Yogi Beara said " You can see a lot by observing "
Have a good weekend .....Chap
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- $EURUSD 8_25_2009 (10 Range).jpg (115.85 KiB) Viewed 3001 times
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