Does anyone see anything wrong with this daily setup on the GY?
1 more question, if you had to choose between trading the london or NY open which would you choose?
thanks in advance fellas
PA, S/R, ZL, EXTREMES & MOMO
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poipen wrote:Does anyone see anything wrong with this daily setup on the GY?
1 more question, if you had to choose between trading the london or NY open which would you choose?
thanks in advance fellas
You might run into this as a problem...the weekly hit a ZL
And it might test lower around 133.75 to completely zero everything out...but as long as your SL is where the red line is at, you should be OKAY if the setup turns good, as long as you can sustain the draw down in case price does decide to fully zero out the momo bar.
i dont see anything wrong with that
like AJ said it may have issues based on the w1
but the Monthly looks like it wants 139.20 and then 141.80
i would play it there with a tight stop
not in it though
_______________________________
how is your trading going AJ?
like AJ said it may have issues based on the w1
but the Monthly looks like it wants 139.20 and then 141.80
i would play it there with a tight stop
not in it though
_______________________________
how is your trading going AJ?
Bend over and assume the position for another 4 years of hope and change.
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Daily
4 hours
1 hour
5 minutes
With this one i tried my luck with long off something I thought to be a solid support. Well, it wasn't.
The second one, on the other hand, went smoother than I supposed.
First too soon, the second one better.
4 hours
1 hour
5 minutes
With this one i tried my luck with long off something I thought to be a solid support. Well, it wasn't.
The second one, on the other hand, went smoother than I supposed.
First too soon, the second one better.
Last edited by karol on Thu Feb 17, 2011 5:28 pm, edited 1 time in total.
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