FOMC meeting minutes triggering 1-2-3 trade.
Simple as 1-2-3
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Re: Simple as 1-2-3
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Re: Simple as 1-2-3
Mr. Hyde wrote:Also I know its suppose to be price making the new high/lows and the macd not, but are you allowed to switch it like shown in the pic for divergence?
What about this then. Trigger event is London Open. Trigger event of previous picture was FOMC MM. Hmm..
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Re: Simple as 1-2-3
Mr. Hyde wrote:I know DC is gone but hopefully he might poke his head in sometime and see this (or anyone else for that matter). You say you only take about 3 or 4 trades a week, making sure there the best ones. So I was wondering how you go about that. There are 2 already played out setups plus 1 formed and another one of me showing what I would think might go on in your head when looking for a setup.
Trade 1 seems the best with the break of point 2 happening right after the AO cross. The 2 trade actually has the whole 123 setup inside the trendline. Would this make it not valid for you. The 3rd one has the 3 point almost at the 1, would this also make a trade in valid for you. Then trade 4 is just how I would like to see price play out for a trade to be valid.
Some other questions. Do you ever take a trade based soley on divergence and AO cross if the 123 is not clear. Also when you enter on the BZ is it before or after the 2 break. Also with the BZ you say you use pit session, so does that mean only at 9:30 est and only once. Do you ever use the TTE.
Thanks
This is what I see (in hindsight
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Re: Simple as 1-2-3
If you want to have everything lined up then the amount of trades will be drastically reduced it appears to me.
There's no business like [strike]show[/strike] covid19 business.
Re: Simple as 1-2-3
PTG wrote:Mr. Hyde wrote:Also I know its suppose to be price making the new high/lows and the macd not, but are you allowed to switch it like shown in the pic for divergence?
What about this then. Trigger event is London Open. Trigger event of previous picture was FOMC MM. Hmm..![]()
2017-02-22_2218.png
Cant agrue with yoyr charts. But this is how I would see them.
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Re: Simple as 1-2-3
Mr. Hyde wrote:PTG wrote:Mr. Hyde wrote:Also I know its suppose to be price making the new high/lows and the macd not, but are you allowed to switch it like shown in the pic for divergence?
What about this then. Trigger event is London Open. Trigger event of previous picture was FOMC MM. Hmm..![]()
Cant agrue with yoyr charts. But this is how I would see them.
Can't - but = can - because
No problem, there's not right and wrong, just profitable and not profitable.
The difficulty is to make decisions in between fear and greed on the hard right edge. Any picture in hindsight is relatively easy to do. I think it's perhaps better to turn it around it the sense that you a) look for an event that may move markets, like relevant news and capital inflows (market opens) and b) look if there is a divergence and/or 1-2-3 to trade. I actually realized that today. Below a screen shot with markup from 2:30 hrs before FOMC on USDCAD, and another current screen shot.
What about posting charts before an event to see what that brings us ?
There's no business like [strike]show[/strike] covid19 business.
- TheRumpledOne
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Re: Simple as 1-2-3
Short called in TWO PERCENT CLUB
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
Re: Simple as 1-2-3
PTG wrote:Mr. Hyde wrote:PTG wrote:
What about this then. Trigger event is London Open. Trigger event of previous picture was FOMC MM. Hmm..![]()
Cant agrue with yoyr charts. But this is how I would see them.
Can't - but = can - because
No problem, there's not right and wrong, just profitable and not profitable.
The difficulty is to make decisions in between fear and greed on the hard right edge. Any picture in hindsight is relatively easy to do. I think it's perhaps better to turn it around it the sense that you a) look for an event that may move markets, like relevant news and capital inflows (market opens) and b) look if there is a divergence and/or 1-2-3 to trade. I actually realized that today. Below a screen shot with markup from 2:30 hrs before FOMC on USDCAD, and another current screen shot.
What about posting charts before an event to see what that brings us ?
2017-02-22_1728.png
2017-02-23_0108.png
Im down for that. Even tho I'm waiting for a BO (Im partial to the upsdide), short term I think we could ge3t a nice sell.
Re: Simple as 1-2-3
TheRumpledOne wrote:TRO004.png
Short called in TWO PERCENT CLUB
What was the basis for the call?
- TheRumpledOne
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Re: Simple as 1-2-3
Mr. Hyde wrote:TheRumpledOne wrote:TRO004.png
Short called in TWO PERCENT CLUB
What was the basis for the call?
The setup. Stop by the chat room.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
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