No Brainer Breakouts or How An Early Bird Catches A Worm

[osho67]

Quote from shikantaza:

Thanks. I'm waiting for a UK betting shop to have £0.01 per SP point bets so that my bankroll is safe from overbetting.

But if you post a link to a £0.10 per point UK betting shop, I'm sure I can raise some risk capital amongst my acquaintances, and we'll all be eternally grateful for this wonderful opportunity.

At £1 per SP point we could not imagine to participate.

www.odlmarkets.co.uk will 50p per point on some products

 

[JSSPMK]

Quote from osho67:

www.odlmarkets.co.uk will 50p per point on some products

10p is out there, right on Google

 

[shikantaza]

Quote from JSSPMK:

10p is out there, right on Google

I guess your massive exitlongs order at 1059 yesterday stopped the market from going higher than 1058.50

 

[JSSPMK]

Quote from shikantaza:

I guess your massive exitlongs order at 1059 yesterday stopped the market from going higher than 1058.50

Position still on, we need 20.5 NET points amigo

 

[shikantaza]

Quote from JSSPMK:

Position still on, we need 20.5 NET points amigo

Great discipline friend.

 

[Now is Now]

Congratulations,

It was tough one to start with.....

 

[Stok]

So, what hours are u using to establish the Hi/Lo? From 4:40EST to 9:30EST (i.e. the total after hours action)?

 

[JSSPMK]

Quote from Stok:

So, what hours are u using to establish the Hi/Lo? From 4:40EST to 9:30EST (i.e. the total after hours action)?

Look at this chart. Imagine the pink vertical line (far left) is 4.30pm EST that's when range starts. All them bars are 30m ones. At open price went down and started going up. The first reaction Lo became the red line (go short there). Because price never went higher than the opening price we take opening price as current reaction Hi in that range & it is the green line (go long). Yellow line is the target. It is whatever the range is between red & green lines x 2. For instance Hi 1000 Lo 990 Target 1020 for longs & 970 for shorts.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2622751>

NIN TY!

 

[JSSPMK]

Quote from JSSPMK:


Range 1038.75 - 1028.50, therefore targets for Long trades 1059 & for shorts 1008.

(Quite wide range for ES, might take 2-3 days to get to targets)

0.16*10.25= -1.64
0.32*10.25= -3.28
0.64*10.25= -6.56
1.28*10.25= -13.12

2.56*20.5=+52.48

Total: +27.88

Next trade is tomorrow

 

[shikantaza]

Quote from JSSPMK:

0.16*10.25= -1.64
0.32*10.25= -3.28
0.64*10.25= -6.56
1.28*10.25= -13.12

2.56*20.5=+52.48

Total: +27.88

Next trade is tomorrow

How many times are you prepared to double up before you toss the towel or your account blows up?.