Son of If You Can Draw a Straight Line . . .

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Quote from dbphoenix:

With your first trade you sought, again, to enter a trading range and either trade chop or navigate your way through it. I don't know why you continue to do this, but as long as you continue to do it you will be whipped. There are no trades here until price exits this range at 0859.

Where is the first trade after that?


I have highlighted the TR previous to the stated entry, I did see it when thinking about the entry, but then again as I was thinking on REV entries that was the only one I found, so I decided that was the one.

Now Including RETs and BO-RETs in the mix, the first entry after 8:59 would be a 9:07, but that one would have been stopped out immediately.
 
Quote from niko:

I have highlighted the TR previous to the stated entry, I did see it when thinking about the entry, but then again as I was thinking on REV entries that was the only one I found, so I decided that was the one.

Now Including RETs and BO-RETs in the mix, the first entry after 8:59 would be a 9:07, but that one would have been stopped out immediately.

It isn't necessary to concern yourself with breakouts. Just follow price. As for including retracements, retracements are all you need be concerned about.

What is the high of the bar that you use for your trigger?
 
Quote from niko:

1 tick above.

I won't ask how that's working for you because clearly it is not. Place your buystop one point above the trigger bar. Where is the entry triggered?
 
Quote from dbphoenix:

I won't ask how that's working for you because clearly it is not. Place your buystop one point above the trigger bar. Where is the entry triggered?

1 point above the high? that would be 70,75, it would have not been triggered.
 
I am still laughing of myself, I cant believe that is why I got so many f###ng entries. I interpreted your post (the one at the beginning of the thread) as 1 point away from the low of the trigger bar (if long) and vice versa, actually tried it but got way too many stops so i decided to leave the understanding of your magic powers for a latter part of my career and use the 1 tick above the high rule instead.

Well regarding your last question, I would have trailed it to 69,50 (1 point above the high of 9:12. This would have been triggered at 9:25
 
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