Ghost of If You Can Draw A Straight Line

[dbphoenix]

1. Anything can happen.

2. You don’t need to know what is going to happen next in order to make money.

3. There is a random distribution between wins and losses for any given set of variables that define an edge.

4. An edge is nothing more than an indication of a higher probability of one thing happening over another.

5. Every moment in the market is unique. (Douglas)

Given that, price is most likely to work its way toward 3530 today.

 

[SIUYA]

must be my modern mind even though it did not really fit.
....I was thinking Son of chucky, Bride of chucky, Ghost of chucky. .....which would make the next one...Curse of.....

 

[niko]

Quote from dbphoenix:

1. Anything can happen.

2. You don’t need to know what is going to happen next in order to make money.

3. There is a random distribution between wins and losses for any given set of variables that define an edge.

4. An edge is nothing more than an indication of a higher probability of one thing happening over another.

5. Every moment in the market is unique. (Douglas)

Given that, price is most likely to work its way toward 3530 today.

So, I guess that for those who dont really need to sleep, or just someone in Europe this was a valid play....

 

[dbphoenix]

Quote from dbphoenix:

Given that, price is most likely to work its way toward 3530 today.

And here we are.

 

[dbphoenix]

Quote from dbphoenix:

Given that, price is most likely to work its way toward 3530 today.

Quote from dbphoenix:

And here we are.

On our way to 3570.

 

[dbphoenix]

Quote from dbphoenix:

Given that, price is most likely to work its way toward 3530 today.

Quote from dbphoenix:

And here we are.

Quote from dbphoenix:

On our way to 3570.

3562 might be a waystation.

 

[niko]

Almost at the top of the channel.

 

[dbphoenix]

Quote from dbphoenix:

Given that, price is most likely to work its way toward 3530 today.

And here we are.

On our way to 3570.

3562 might be a waystation.

And here we are again.

 

[dbphoenix]

Quote from dbphoenix:

Given that, price is most likely to work its way toward 3530 today.

And here we are.

On our way to 3570.

3562 might be a waystation.

And here we are.

Nearing 3570. Time to start looking for a reversal.

 

[dbphoenix]

Exit here for 50pts. One trade.