Search results

  1. H

    Learning to read Price Action with P&F Charting

    I will take the trade on the break out of this pattern because either one will be a triple top or bottom.
  2. H

    Learning to read Price Action with P&F Charting

    Target hit for 2 points with two contracts or +4. Cumulative for the day -2 The trade worked out, but the r/r was terrible on that one and I shouldn't have taken the trade.
  3. H

    Learning to read Price Action with P&F Charting

    Stopped out of 2 contracts for 2 points, or -4 points. cumulative for the day -6 points. We are now in 2 contracts long at 1327. Target is 1329 based on last resistance. Initial stop at 1334.50.
  4. H

    Learning to read Price Action with P&F Charting

    2 contract buy order also placed for possible failed double bottom at 1337. Stop of current order moved to 1337
  5. H

    Learning to read Price Action with P&F Charting

    short order placed at 1325 2 contracts. Target 1322. stop 1328
  6. H

    Learning to read Price Action with P&F Charting

    A potential failed double top on the .5. 2 contracts placed if we hit 1325.
  7. H

    Learning to read Price Action with P&F Charting

    2 point Target hit. cumulative for day -2 points
  8. H

    Learning to read Price Action with P&F Charting

    Long trade did not work out. We lost 3 points with two contracts or 6 points. We now stand cumulative -4 points for the day. A new sync trade was triggered at our stop loss. We are now short with a two point target. Edit: we are in at 1329 stop at 1332.75
  9. H

    Learning to read Price Action with P&F Charting

    The two contract buy signal triggered at 1332. We are now in a trade with a stop at 1329.
  10. H

    Learning to read Price Action with P&F Charting

    OK we have two potential trades that could occur. We could have a 2 contract failed double bottom on the green chart. We would place an order right now at 1332. We would also place a sell order at 1328.75 because the .5 will trigger a sell at 1329 and the .75 will trigger at 1328.25
  11. H

    Learning to read Price Action with P&F Charting

    ok we just got another sell signal on the .5. I would not take this signal. The reason is we have a long column on the .75 will no pullback, and the 1.0 is very close to support as well. It still may turn into a trade, but I would need a pullback on the .75 and then a new sell signal, or a...
  12. H

    Learning to read Price Action with P&F Charting

    Trade is over. Target hit at 9:16:31 Old buy order at 1336 cancelled. Sync trade 2 points cumulative for the day 2 points.
  13. H

    Learning to read Price Action with P&F Charting

    OK, first some ground rules of what I am going to do. I will only trade 1 contract on all setups with the exception of false double bottom buy or sell signals. I will trade two contracts on those setups. First setup is a sync trade at approximately 9am. The chart below is what it currently...
  14. H

    Learning to read Price Action with P&F Charting

    Investor r/t will allow me to play back the day. I have no idea how the day went other than the final total. I will post the trades I would have made in real time tonight. I will post my trades as I take them. Who knows, I may lose money, but we will see. I can make the program go at just...
  15. H

    Learning to read Price Action with P&F Charting

    I'll take a look at it tonight. I didn't trade yesterday or today due to tax deadlines. I have discovered one thing though. On low range days it is better to trade failed double tops and bottoms on any chart.
  16. H

    Warning: The Next Wave Down Starts Now

    You still don't get it. It's not a prediction. I can't be wrong!!!!
  17. H

    Warning: The Next Wave Down Starts Now

    See this absolutely proves you have no understanding of what I am saying. The fact that we are still in a bull trend is not a prediction. It is a statement of fact. If the trend gets broken I will be bearish. Why would I need to apologize for pointing out a fact?
  18. H

    Warning: The Next Wave Down Starts Now

    Apparently you have no understanding of what I am saying. I posted a chart that clearly shows (based on P&F methodogy) that we are still in a 5 year bull trend. It is CLEAR AND FACTUAL EVIDENCE. You come back with supposition, conjecture, and emotional garbage. You then conclude that it is...
  19. H

    IB API disables TWS UI?

    I have the same problem but it did not begin until about 4:50 pm today.
  20. H

    Dark Pools

    They are on the tape. It is just you will never know it is on the tape because it will be in a much smaller quantity dispersed over the daily trading. If you were smart enough to know which institutions were buying or selling at a given time, you lost that advantage with dark pools.
Back
Top