I wouldn't have thought that Buy1Sell2 implements mechanical based trading, perhaps partially so, I see quite a bit of discretion in his decision making at times :)
Overall he is darn good!
Short Gold 1.26pm GMT off 1 min (H&S/diamond + declining MACD + 3 lower peak histo) & 240 min is bearish anyway
Stop above HOD
This is it, make it or break it, C'MON!!!
TY! I have my S1 at 6757 and the reason that is because I use 24hr data which is not entirely 'true' AH as it is marked to other markets (mainly US), though I must admit that way I somehow get a broader picture as there is correlation in todays' markets, so whenever you are getting a gap on your...
Long from 6782.5 off 2 min formation, best to all!
Yesterday was absolutely wicked, traded pre-FED p/a off multi time frame charts and got a substantial part of that price lift into the announcement, traded via ES (charts in ES Journal).
Long 1347.25 off 2, stop near 1346
+0.25 don't like it
not going to put any more trades on in AH though 1 min looks promising here @ 1346 if going by MACD
You had a small stop and as Smilingsynic has put it as long as potential reward is greater than predetermined risk you will be OK in the longer term. As long as you have faith in method used and respect stops you ought to come out on top. I had a bad day not so long ago, everybody has them apart...
Well, that depends on size of pockets, leverage, etc. All I can tell you is that I took advantage of same old common TA and traded from the long side pre-FED for a very nice gain, of course that was purely coincidental :)
The latter was a modest thing to say, can't get them all, got stopped out -0.25 on 1/3. Had a very good day today. Nice trading you lot. Avarus, you are the man! :)