Search results

  1. B

    Simple Profitable Method

    We got a breakout below support at 808 but notice that while the price made a lower low that the macd did not. there is a clear trendline accross the top of todays highs. I have resistance about 808.5 which could be a reversal point. anybody know when these fed speeches are scheduled today?
  2. B

    Simple Profitable Method

    start your engines and a little humor to start the day Why Men Make Better Friends. > >>>>>Women: > >>>>> > >>>>>A woman didn't come home one night. The next day she told her > >>husband > >>>>>that she had slept over at a friend's house. > >>>>> > >>>>>The husband called his wife's...
  3. B

    Simple Profitable Method

    can you believe the lack of volume the last half hour? somethings gotta pop
  4. B

    Simple Profitable Method

    high at opening range was 813.8 we are challenging that now, maybe things will liven up.
  5. B

    Simple Profitable Method

    maybe you can go to bed early this morning eh? hey we're back up in yesterdays closing range
  6. B

    Simple Profitable Method

    hey everybody go on vacation or what? there's a buy at 812.6, whoops it didn't start to good can this market orgasm two days in a row?
  7. B

    Simple Profitable Method

    Hey BB, You really anticipated the late PM well BB! Tight consolidation and a big pop. A market orgasm! (Don't get to excited T28.) I posted a chart yesterday that I updated. It's worth a look. The market made a 50% pullback off yesterdays low, made a bearish lookin bar all thru...
  8. B

    Simple Profitable Method

    High Charley, the lavender or cyan line is 9sma +2. Ensign has and offset and a shift setting. This is the shift setting. Hey how's everybody doing today? T28 are ya up down there? Please sent the sun back north here soon we have minus 20 windchills here in Minnesota.
  9. B

    Simple Profitable Method

    Hi guys, we were ridiculing some traders for basing a system on using T28 signals as enties or exits from key areas of 60 min charts. Here's a chart that's pretty interesting. It shows where todays low was made which conicides with a previous triangle breakout. I It also shows the...
  10. B

    Simple Profitable Method

    Wow did that pop! It's holding near the top too. I've seen these rocket up then right back down but this is consolidating at the top. Notice the price getting higher and the macd getting lower, that's a weak high I believe. But it's holding pretty well. What's that 60 min chart with one...
  11. B

    Simple Profitable Method

    Well I faded 800 at 11:00 and that worked out well. We made a little double top too. Lookin for more short action, my favorite! I gotta loose the bias! But not right this moment. Fed announcement soon. CNBC has been saying no rate changes. Anything other than that would be news. Does...
  12. B

    Simple Profitable Method

    I"m sayin screw the Bulls and their screwin me! Can you say drop an pop!
  13. B

    Simple Profitable Method

    Goodmorning guys, anybody got their ears on? No that's CB talk, this is the internet. This market is pissing me off as usual. We make a lower low, lower high and I'm thinkin sell and dang we get a good break down the reverse. Bottom at 795.50. We're right back to where the market broke...
  14. B

    Simple Profitable Method

    hey jimns, I agree that in years of trading I've never seen anybody more helpful than T28 has been. His openness has brought a lot of good discussion and education. This thread has brought a lot of focus into my decision making compared to what I used to do. Your right that it's very anal...
  15. B

    Simple Profitable Method

    We haven't discussed divergence much. I've been reading up on stochs and macd divergence. It you notice the higher low at the open and compare this to the previous higher low last Friday. There was signficant divergence between lows in price and the lows on the indicator. The price made a...
  16. B

    Simple Profitable Method

    hey BB, I don't like rules I've always been contrary. I'm a risk taker and I've never seen a pause in the market I wouldn't fade; so I know what you're talking about. Take lots of trades with a wide stop and hold them... Of course if I'd stayed in the YM at 7500 this woulda worked...
  17. B

    Simple Profitable Method

    here's the 15 minute chart I've highlighted the expanding triangle and I wanted to show Snarly the trendlines and support and resistance lines. I think these trendlines from larger timeframes is what Jack Hershey is talking about when he says he just follows a map he's laid out on his charts.
  18. B

    Simple Profitable Method

    Yeah, yeah BB, I knew someone was going to say this was only paper. The Interactive Brokers system lets me papertrade more realistically though. Slippage, bad fills, screwed up executions, commissions etc. I've trade 1000's of live trades too so there isn't a lot of difference. I never...
  19. B

    Simple Profitable Method

    everybody trading today must be studying the same system. I keep waiting for the crazy ass afternoon chop or some big shooter to fade one of these breakouts. Not so far, indeed the market is behaving well. To bad it wasn't last week when I still had a live account. Oh well 7.27 points net...
  20. B

    Simple Profitable Method

    Anybody into long term charts todays low further defined the lower trendline on the daily chart. A lower low today could be interesting.
Back
Top