tampa's "short skirt" trades...

Status
Not open for further replies.
...assuming that you were serious (and one never knows with you), here is a screen cap of today's one-minute chart with TP's S&R lines...

...enjoy(?)
 

Attachments

12:34 Returning from the Family Emergency Care Clinic, where I received 9 stitches for the altercation with the all important 77 minute chart earlier this morning, I note that a good up trend developed just about the time that I left.

12:58 I note that the good up trend ain’t so good any more. Eat the last two Ding-Dongs, and snub out the 23rd cigarette of the session. Take all six of the pain killers obtained at the Family Emergency Care Clinic.

01:22 While waiting for the trend to resume, I make a note to remember to shave before my wife gets home.

02:11 Still waiting for the trend to resume, and being somewhat disappointed that the Keltner Channels have not given me any good signals, I experiment with Andrews’ Pitchfork on the one-minute chart.


02:32 Bot @898 ¾ – Andrews done me wrong. -2 points I replace the Pitchfork with the Keltner Bands that would have kept me out of the trade, and fire off a nasty e-mail to Mr. Andrews accusing him of fraud, and asking that he do the decent thing by sending me a check for the $100 loss I just sustained.

All in all, I guess it could have been worse.

For the day:
3RT - -2 ¾ points (Plus $497.66 for the new “19 monitor, and $75.00 for the walk-in clinic co-pay.)

( It has come to my attention that some of you do not quite get what is going on here. So for the benefit of folks like Mister proptr8r, permit me to assure you that only the trades are real, but none of the other events really happened. As for the actual trades, let’s just say that I got caught trying to anticipate the market, and was wrong. It was not my intention to lose, nor am I particularly pleased. I have many issues to resolve in my trading, and just have a bizarre sense of humor.)
 
Tampa

When I switched to going with the trend awhile back it made a big difference but progress was slow until I started going for larger moves. Im still entering pretty much as I did off the one minute chart with pretty tight stops but my goal now is not one or two points but getting into a position where Im at breakeven and riding the move as long as possible. My biggest loss this last few days -3 nq points. It was also my only loss. My smallest gain is 3 es and largest is 13.5 es. You might consider this approach.

p.s. There was another loss 1.25 es. I missed.
 
02:39 Bot @887 3/4 -1 Point
02:48 Bot @887 1/4 +1 ½ Points
03:10 Bot @890 +3/4 Point.



For the day:

5 RT / +1 1/4 Points
3 Winners - 2 Losers
 
So, you want to know what’s going on, huh? You think that just because you’ve read through this, and followed it for weeks, that I owe you an explanation of why the commentary suddenly stopped – right?

OK, OK...just keep your skirt on...

You’re going to think that I really have flipped out, or that I’m goofing on you again – but...

I mentioned several days ago that I now have Keltner Bands available to me, and I mentioned that I had been playing with them. Well, in the process I suddenly saw what she was talking about when referring to “impulse” moves. As I understand it, the trick to the short skirt entry on a one-minute chart is taking pullbacks during an “impulse move”.

So that’s what I’ve been doing the past two days, and just didn’t feel like messin’ with the journal.

Obviously I have had at least a little bit of success.

Now, let’s address a bigger issue – the Keltner Channel. Is there anything special, or magical about it? The answer is: No. Any fool should be able to “see” the so-called impulse moves without the aid of Mr. Keltner’s Channel – but I ain’t just any fool, and it (they?) has (have) been a big help. So, that’s the story. Two winning days in a row – and it’s been a while since I could say that. We’ll have to see what the morrow brings.

As for the pithy commentary – it will return. I just can’t/won’t say when – I love a good tease, don’t you?
 
Status
Not open for further replies.
Back
Top