Making of a method

Quote from dbphoenix:

You nurture your fear by taking impulsive trades. If my posting has no effect, there's no point in my doing it.

I didn't seen the post before going long. But the long was based on the long term LOLR plus the strong strength shown off 28.50. Am out all now as price met R and crossed DS line.
 
Quote from game:

Stopped out on two long attempts off the Rev from S of 28

This is exactly what I was explaining to you yesterday. You were trading off the pre-market before observing the test of Settlement. Go look at the ES and you will see what happened ahead of the news at 0900 CT. If you understand what is happening you are long now like me with half off to observe the action after the news event. Now if ES Settlement fails I start over.
 
Quote from game:

I didn't seen the post before going long. But the long was based on the long term LOLR plus the strong strength shown off 28.50. Am out all now as price met R and crossed DS line.

The strength off 28.5 is in your head, and there is no DS line. You're trading chop.
 
Quote from horton:

This is exactly what I was explaining to you yesterday. You were trading off the pre-market before observing the test of Settlement. Go look at the ES and you will see what happened ahead of the news at 0900 CT. If you understand what is happening you are long now like me with half off to observe the action after the news event. Now if ES Settlement fails I start over.

And did you post this trade somewhere?
 
Quote from horton:

This is exactly what I was explaining to you yesterday. You were trading off the pre-market before observing the test of Settlement. Go look at the ES and you will see what happened ahead of the news at 0900 CT. If you understand what is happening you are long now like me with half off to observe the action after the news event. Now if ES Settlement fails I start over.

The premarket pressure did carry over to the open. If I had waited to observe, I would have not been in the move. That price got rejected at 37.75 is a separate event and it could have gone either way...There was no prior R since this is all new territory. And if long term LOLR is up, why not go long on confirmation of pressure from PM
 
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