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razorboy
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Postby razorboy » Sun May 24, 2009 3:42 pm

add to that - price leaves no gap unfilled.........................just a question of when it does the filling


MightyOne wrote:
prochargedmopar wrote:I'm at $800 now.
I have increased the position size daily as the account had grown.
I'm currently using 20micros as 1/2 position.
Till death do us Benjamen's part.



Ask you self what the largest advance was (that is relevant to you) that returned to the lows. If price advances larger than the largest advance that returned to the low then chances are price will not return to the low.

After making a larger correction price likes to test an area that falls around 50% of the correction distance above the prev. high.

When price connects to form a larger correction then price should hold above the prev. high and then hold at the first test area above the prev. high.
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!

http://thejoshkerbelproject.com/

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Postby MightyOne » Sun May 24, 2009 5:31 pm

So when are you scalping and when are you holding long?

So when are you scalping and when are you holding short?

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Postby MightyOne » Sun May 24, 2009 5:56 pm

Don't yell at me if you do not understand this chart...
I am not a sympathetic kind of guy :lol:

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Postby prochargedmopar » Sun May 24, 2009 6:32 pm

Today price will open lower. Then, it will close the gap and continue UP.
Wanna bet?
LOL.
I'm waiting for the up's this time.
Knowing full well, anything can happen.

M.O.,
You look like a box range trading dude!!!!

Hey, what am I doing posting. I'm on a hiatus. See, That's weak.

:twisted:
#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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Postby prochargedmopar » Sun May 24, 2009 9:08 pm

Ok, you win. Opened even and shot up....
#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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Postby MightyOne » Mon May 25, 2009 1:56 am

You are going to make a million dollar even if I have to drag you kicking and screaming ;)

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prochargedmopar wrote:Ok, you win. Opened even and shot up....

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Postby razorboy » Mon May 25, 2009 1:57 am

and now..........

remember, price likes to kiss......................
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!



http://thejoshkerbelproject.com/

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Postby razorboy » Mon May 25, 2009 1:59 am

out for the night.......35 or so pips.............
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!



http://thejoshkerbelproject.com/

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Postby MightyOne » Mon May 25, 2009 2:09 am

You can make up the other 5 tomorrow :lol:

razorboy wrote:out for the night.......35 or so pips.............

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Postby razorboy » Mon May 25, 2009 2:35 am

I'd normally aim for another 40 - but you have two bank holidays - UK and US (memorial day, no?) gotta imagine there will be less action than a convent tomorrow, but you never know.........i have seen some good films...............



MightyOne wrote:You can make up the other 5 tomorrow :lol:

razorboy wrote:out for the night.......35 or so pips.............
Ya, I manufacture clear shoe boxes.....http://www.clear-shoe-boxes.com.............who would have thunk!



http://thejoshkerbelproject.com/

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