Recent content by einstein

Thank you for the charts and your time Nod. FWIW: 1.Lower swing high @ 90.15; bearish ema with fairly well-ordered retrace where 89.75 prev S may become R. sell @ 89.72 SL 89.82 2. I would be concerned about the precipitous drop and then bull support starting @ 89.77. would either pass...

Nice chart, dv. If you had taken the trade where would you have entered? buystop just above the hammer candle perhaps? thanks.

Nod: Hope to connect on skype from time to time.

Just wanted to add a personal thank you for all your help in last few weeks. Wishing you continued success- you deserve it!:)

Thanks for your reply. I am on my way out but will review the chart later tonight. fwiw sim traded today for +23cents- mostly scalps. using trendlines, channels seemed to help.:)

How would you handle a situation where the 20ema does not hold as support and you start getting closes below the 20 ema? In this situation assume the 5 min chart has not reversed to a downtrend but the retrace is looking a little deeper than expected.

I remember reading you used to use Keltner lines as targets. If you no longer use them as targets what do use now? next level S/R perhaps?

thanks Nodoji. great posts.

thanks guys.I appreciate your input.:)

cornix- yes it's always obvious AFTER the fact. one can imagine a DTL break and then an entry once PA regains support above the MA Ocean- you're absolutely correct. I usually do not trade CL between noon and 1:30 ET.

Posting this for Nodoji upon request but any of more experienced traders should feel free to comment. I have been having difficulty entering on complex pullbacks, Keep getting faked out and then the trend usually goes the way I thought it would after I am stopped out. Attaching a 1 min CL...

thanks Nodoji. I sent you a PM. When you have time, I would greatly appreciate your response.:)

what time frame do you trade and what kind of SL? Thanks. post directed to zen and nodoji

I agree with Giant Dog. Please show your P/L blotter to confirm you made these trades. Also please tell us where your exact entry and exits were and what kind of stop you were using.

Yup- that's what traders need- bigger balls.:D