h and sh pattern on 9 month daily chart,...heres one possible scenario,the left shoulder after touching the neckline took six weeks to reach the channel line drawn off the support area and using the top of left shoulder area to draw it,extending out six weeks the right shoulder would be at or near 1171-81 , start week 5/3(first touch) and go to week of 6/7 the mp chart on the right has the nips and cleavage denoted where it may start and stop, the 2 nips above the channel line 1182 and 1192 would still be below the head and would not invalidate the pattern
ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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petty, please quit patronizing me, i am not interested in what you are selling. Last thing i want is advice from a person claiming he has all the answers and is not selling something or LOOKING for clients, cute, HA. I said, NO THKS, lets leave well enough alone. _DONE_
n&n, I fully agree a trader must first know how to trade discretionary. I always found it laughable that some claim a coded system will eliminate the emotions of losing money. HA!!! Yes, some can go that route but some also can not handle breakout trading either. There are good systems for certain strats etc out on the mkt, that does not mean in some others hands it will work for them. I do not for a second believe a system would enhance my ability to trade the way i do. Do i believe it casn help someone else? Maybe, depends on the individual. Take the same strat on a average day of average ranges and then see what will happen on a day like last Friday with those big retraces and see what happens, etc, etc.
Ok, done discussing the advantages and disadvantages of systems trading, this is the wrong thread.
Check this out.. http://www.turtletrader.com/borish-baldwin.html
n&n, I fully agree a trader must first know how to trade discretionary. I always found it laughable that some claim a coded system will eliminate the emotions of losing money. HA!!! Yes, some can go that route but some also can not handle breakout trading either. There are good systems for certain strats etc out on the mkt, that does not mean in some others hands it will work for them. I do not for a second believe a system would enhance my ability to trade the way i do. Do i believe it casn help someone else? Maybe, depends on the individual. Take the same strat on a average day of average ranges and then see what will happen on a day like last Friday with those big retraces and see what happens, etc, etc.
Ok, done discussing the advantages and disadvantages of systems trading, this is the wrong thread.
Check this out.. http://www.turtletrader.com/borish-baldwin.html
monthly es,on a daily mp chart,once you come from the top down and thru the nip,its resistance and we search for price on the lower half,on this monthly the nip is 1107-22,you would expect with the daily logic that we would move at least to the cleavage at 950, stal and fill and then move to the lower nip 878, i havent been trading these larger charts using mp logic long enough to take larger longer term bets,just tossing it out there ,maybe another mp trader could chime in
Bighog spoke about a lot of things that he doesn't have hands on experience with, at least with success. He spoke directly to me about "no advantages", among stating certain types of system trading was impossible and a dream LOL. He then spoke about me spamming this forum. Look, I'm a stand up guy, a local business man in my community and I am on these boards to help out struggling traders.
I trade different than you and that is ok. I post accurate picks, and sometimes they stop out and that cool too. If you don't want my picks or don't want my insight and experience, skip over my posts. Its called "discretionary" reading.
I have no problem staying off these boards and giving out my personal business email or even setting up a group login on my companies intranet to share my techniques and further extend understanding on how I trade with anyone who wants direct access.
So, if the my success and abilities make you uncomfortable and you have no desire to learn anything from me then please just ignore me or ask the admin to remove me.
It's a free forum. I didn't know of your existence until this week, so I can't comment on your success, other than your post that we would test the lows on Friday (we didn't). So, if that's my motivation to comment on your stealth-marketing, then my comfort level should be fine.
It's fine to mention your success, but you're probably better suited to commenting on price action rather than your wealthy clients.
I hope you decide to stay.
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