Wednesday 21 May 2014

Pictures!

I see trades in pictures. Yes, I've backtested my pictures. A trader can have an arsenal of a number of pictures and trade them as they appear. Or they can have just one or two and just trade those.

Today's DAX is one such picture. I remember seeing this so many, many times. We traded it live in original trainning video. Its an Outside in trade with the MP context. I just close my eyes and do it.


6 comments:

  1. jenrique42

    I wonder if she will go to

    http://www.bcntradingpoint.com/

    could even ask if you can give lectures, since they are in a period of seeking speakers for this event, all with the encouragement of being able to meet

    jenrique42

    Me gustaria saber si va a ir al

    http://www.bcntradingpoint.com/

    incluso podria preguntar si puede dar alguna conferencia, ya que estan en periodo de buscar ponentes para este evento, todo con el animo de poderle conocer

    ReplyDelete
    Replies
    1. Gracias jenrique42. Septiembre está muy lejos. Me encanta Barcelona, así que veremos qué pasa entonces.

      Thanks jenrique42 . September is far away. I love Barcelona so we will see what's happening then.

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  2. I've been missing my daily dose of EL! Hope all is well.

    Would love to see a post on trading gaps sometime.

    Also, your latest charts are using different range, CCIs etc. Are these new setups, or just new to us?

    Hurry back!

    ReplyDelete
    Replies
    1. I'm always around.

      I'm using a 144 period CCI on many periodicities as it smooths out trend better in these markets. I'll do a post on it in the next few days.

      Delete
  3. Was the Buy at yesterday's low or the prior day's VAL? Or was it the combination? What are the targets - today's VAL? POC?

    ReplyDelete
    Replies
    1. Look at the VAL on the chart. It's the line right below the low in the pic! Targets are each POC or VAL/H in sequence. It doesn't mean I exit at a target. The bar chart times the trade.

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