tag:blogger.com,1999:blog-847353783015972405.post1067297813382811046..comments2023-12-05T23:36:32.393+00:00Comments on ElectronicLocal: VAH to VALElectronic Localhttp://www.blogger.com/profile/10539999419310383613noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-847353783015972405.post-70100191226277929202014-06-24T15:57:41.456+01:002014-06-24T15:57:41.456+01:00Hi EL,
Some MP newbie questions for you...
When ...Hi EL,<br /><br />Some MP newbie questions for you...<br /><br />When you said "once I had the double TPOs", were you referring to the D and E prints? Was this play based on what MD refers to as the 80% rule? What kept you in the trade after price moved back above the VAH (before it made its move down)? And, when i went above VAH, it appears to be in a "zipper" (H period) from the the previous day- what kept you from going long for the zipper trade?<br /><br />So once you have a position on this type of setup, is the POC a major support/resistance area? Is it an area you would typically scale out at? Or, after the 2nd TPO are you all in until it hits the other side? What would be a good stop for this setup?Anonymousnoreply@blogger.com