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lazygeorge
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Postby lazygeorge » Wed Oct 05, 2011 4:41 pm

Relativity,

Thanks for the reply.

I will keep watching what your doing and ask questions as they come to me.

Do you mainly scalp or have you used this for trading slightly longer?

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Relativity
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Postby Relativity » Wed Oct 05, 2011 4:48 pm

Both. I scalp for enough profit, then leave open a trade and let it run. Having nothing to lose feels good.

Nowadays I scalp like mad from CrudeOil. Its funny to see that it works!

Relativity
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Postby Relativity » Wed Oct 05, 2011 4:56 pm

I may not want to trade FX anymore, since trading Crude Oil is sooooooooooooooooooo fun lol. Sure, I get profits from both, but Crude Oil is way faster. Seems to suit my personality more.

AUDUSD and EURUSD, according to my PTe studies, are currently the most volatile pairs. They run at best around 40 pips per hour.

Crude Oil runs 3 times faster :D But don't try it until you are very sure about being able to handle the volatility.


Done taking 70 pips. Ez.
Attachments
70pips crude oil.PNG
70pips crude oil.PNG (112.22 KiB) Viewed 980 times
Last edited by Relativity on Thu Oct 06, 2011 12:43 am, edited 1 time in total.

lazygeorge
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Postby lazygeorge » Wed Oct 05, 2011 5:18 pm

Relativity wrote:I may not want to trade FX anymore, since trading Crude Oil is sooooooooooooooooooo fun lol. Sure, I get profits from both, but Crude Oil is way faster. Seems to suit my personality more.

AUDUSD and EURUSD, according to my PTe studies, are currently the most volatile pairs. They run at best around 40 pips per hour.

Crude Oil runs 3 times faster :D But don't try it until you are very sure about being able to handle the volatility.


Done taking 70 pips. Ez.



Well done sir :D

I have 3 questions on the attached chart..sorry for the mess
:lol:
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prepare_long_if_it_breaks_151.png
prepare_long_if_it_breaks_151.png (131.51 KiB) Viewed 1050 times

Relativity
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Postby Relativity » Wed Oct 05, 2011 5:58 pm

With comments.
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prepare_long_if_it_breaks_151_411 updated.png
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Relativity
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Postby Relativity » Wed Oct 05, 2011 6:15 pm

Crude Oil. Projected trade.
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crude oil 3.PNG
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lazygeorge
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Postby lazygeorge » Wed Oct 05, 2011 8:25 pm

Relativity wrote:Crude Oil. Projected trade.




Thanks for the replies.

Just a question on the channel lines and sbz...

You have a zone of three lines for both upper and lower parts of the channel,
do you only consider it broken after price clears all three lines or just the main center line(the one that connects the wave peaks or troughs)?

Do you only consider the sbz at daily+extremes?

Relativity
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Postby Relativity » Wed Oct 05, 2011 9:37 pm

lazygeorge wrote:You have a zone of three lines for both upper and lower parts of the channel,
do you only consider it broken after price clears all three lines or just the main center line(the one that connects the wave peaks or troughs)?


All 3.

lazygeorge wrote:Do you only consider the sbz at daily+extremes?


Thats the best to consider. There are others, but this one is the easiest =>

Relativity
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Postby Relativity » Thu Oct 06, 2011 12:46 pm

Short. Lets see.

Update : 50 pips profit.
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usdcad 2.PNG
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usdcad.PNG
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lazygeorge
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Postby lazygeorge » Thu Oct 06, 2011 6:54 pm

Short. Lets see.

Update : 50 pips profit.


Nice trade rel....

Will demo your style next week once i can understand it a bit more :lol:

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