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ajaymein
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Postby ajaymein » Wed Feb 25, 2009 11:50 pm

es/pip wrote:in this right now

Image


With the 1-2 setup, are you waiting for a wick in the direction of loss and a body in the direction of profit? I don't see the body on the 2 candle.

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es/pip
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Postby es/pip » Thu Feb 26, 2009 12:13 am

ajaymein wrote:
es/pip wrote:in this right now

Image


With the 1-2 setup, are you waiting for a wick in the direction of loss and a body in the direction of profit? I don't see the body on the 2 candle.



i do not understand your q

1= body in direction of profit
2= wick in direction of loss

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ajaymein
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Postby ajaymein » Thu Feb 26, 2009 12:23 am

Ahh...I was looking at it backwards. But still, on the 2 candle of that chart, the Upper wick is longer then the wick in the direction of loss...does that matter or do you just need a Wick that WICKS your line?

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es/pip
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Postby es/pip » Thu Feb 26, 2009 12:38 am

ajaymein wrote:Ahh...I was looking at it backwards. But still, on the 2 candle of that chart, the Upper wick is longer then the wick in the direction of loss...does that matter or do you just need a Wick that WICKS your line?



lol

everything matters to me------- they way things form dictate how i get in-----in that sequence i didn't go all in i averaged into it same thing on the pound trade i took i will post it when i get a sec about to get out

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Postby prochargedmopar » Thu Feb 26, 2009 12:39 am

LV Tunnel Q.

What is the trigger?
Above tunnel and squiggly, go long?
Below tunnel and squiggly, go short?

Thanks
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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es/pip
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Postby es/pip » Thu Feb 26, 2009 12:54 am

Image

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ajaymein
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Postby ajaymein » Thu Feb 26, 2009 1:30 am

I exited +73 on the cable trade :)

Going to wait and might re-enter long...gonna see if I can catch the 1-2 formation correctly.

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Postby ajaymein » Thu Feb 26, 2009 2:02 am

Entered LONG again on Cable. Lets see if I called the 1-2 right...

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Postby ajaymein » Thu Feb 26, 2009 2:13 am

Nope...got out -17. :shock:
What went wrong?

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Postby es/pip » Thu Feb 26, 2009 2:16 am

ajaymein wrote:Entered LONG again on Cable. Lets see if I called the 1-2 right...

Image



what were the higher time frames saying when you took that one---

i got out of my euro and got short the euro and the pound on the 15 min chart


just bec the 5 min sets up isn't all hands on deck-----multi-time frame analysis


they were just scalps----take a look at 15 min chart----clear entry and targets

euro +13
pound +10

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