ProfLogic's Method

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Quote from ProfLogic:

823543 - Still Short from the OPEN on the 9th. STOP 844.75
117649 - Consolidation, no trade
16807 - Creating Short potential PPF/799.50 Breach trade
2401 - Creating Long potential PPF/825.00 Breach trade

Your 16807 long trade off the 799.50 was aggressive due to it being a Breach toward a Breach but nice use of the 117649 to show you price was still going up.
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It was more luck than aggressive as I was clearly not following the rules. Still learning. The 117649 was well above the zero line but downsloping/black not green. Do you consider that positive or negative? How would you read a stiuation like that?
Thanks
 
lots of good stuff in here.....just wanted to say thanks again to Proflogic for introducing CVB charts to me as a newbie. He is one of the main gems along my trading career that turned me profitable.
 
Quote from trackstar:

lots of good stuff in here.....just wanted to say thanks again to Proflogic for introducing CVB charts to me as a newbie. He is one of the main gems along my trading career that turned me profitable.
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Thanks, I'm blushing.
Just stay focused at whatever your method.
 
Quote from pismo10:

Nice long around 9:35-10:00am at 832ish. Sideways since.
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Long 9:59 am EST
Exit 10:28 am EST

Short 1:06 pm EST
Exit 2:18 pm EST

Perfect Long setting up on the 16807 to test 849.50. Looking for an aggressive entry long now.
 
Quote from ProfLogic:

Long 9:59 am EST
Exit 10:28 am EST

Short 1:06 pm EST
Exit 2:18 pm EST

Perfect Long setting up on the 16807 to test 849.50. Looking for an aggressive entry long now.
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Can you please explain the exits on those trades according to the rules for exiting?

Also, any reason for not taking the 12:34 short from the 844.75 oscillation?

Thanks!
 
Quote from ProfLogic:

Long 9:59 am EST
Exit 10:28 am EST

Short 1:06 pm EST
Exit 2:18 pm EST

Perfect Long setting up on the 16807 to test 849.50. Looking for an aggressive entry long now.
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All those except the last are agressive/advanced trades based on minor oscillations. Maybe I'm mistaken?.

JW
 
Quote from cchili00:

Can you please explain the exits on those trades according to the rules for exiting?

Also, any reason for not taking the 12:34 short from the 844.75 oscillation?

Thanks!
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On my chart that was a Preach PPF toward a Breach which was weaker. I'm a picky sort and prefer PPF's toward a Breach.

By the way the aggressive entry on the Perfect Long off the 16807 is working out nice. Entry about 825.5 with a current stop of 823.50
 
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