Kreslik.com - traders community since 2006

i waslooking at th thread you guys post in on ff and have a question. its for trading reversals off the daily high/low i see. do you only take the trade if it broke out from the daily high/low and failed? or do you take it after it crosses the open regardless? example- The candle with the green dots...

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Mira wrote:I don't know what went wrong with this


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This is how it looks to me. longs off green shorts off red

If im in a short trade on the hourly with a risk box of 2 lines and price comes hits the top, instead of closing i cut my position in half, would that make it so my risk box is 4 lines worth half as much now without moving my risk box? sorry if thats confusing, it makes sense in my head. thanks

The first thing I do is look at the H1 chart to see if I am comfortable with stops that are 2 spaces behind the maximum buying/selling area. it looks like the maximum buy/sell area is two lines below the breakouts where you labeled "buy" twice. how do you you decide on the "sell"...

sooo now that my broker isnt allowed in the US anymore, anyone have suggestions for a new one? or is gain capital decent? I would find it highly unlikely for lightning to strike the same place twice. That is to say, if Gain capital is corrupt, it would be kind of stupid for them to put themselves f...

sooo now that my broker isnt allowed in the US anymore, anyone have suggestions for a new one? or is gain capital decent?

What does " first relevant close " mean? How is it determined? "there is a pattern breakout" What pattern?? " the zero-line" How is that determined? How I see it 1- the dashed orange line goes to where bodies started closing below "something". Also nothing cl...

Hey MO, im liking your recent posts. would you enter a trade when the 2 SMA leaves the cloud or when it crosses the 21 SMA?

long time lurker here, figured i should finally post something.. following picture is possible trade points. line color denoting direction. E/U h8 chart. just want to make sure some of the concepts are understood correctly. all of the trades couldve been hit with a rat style entry on 5m. http://i64....