Technical Trading Setups Journal

[shopster]

one more, triplets.....

long pendings, hit em 3x.

blow the stops on the way back to the money line.

s

 

[cornix]

Ya, triple tops/bottoms can be very good entries.

 

[shopster]

gotta luv fomc day.

the talking heads spew out more garbage.

so we puke it down to the 5.7 at the 729.

print a set of rr trax for the reversal signal.

short exit back to a long.

express elevator up to the money line.

bankster's rule.

s

 

[shopster]

exit door at the money.

s

 

[cornix]

Yesterday's bullish reversal pattern led to some nice price action on FOMC, didn't it?

http://www.cornixforex.com/2012/01/result-of-yesterdays-reversal-within-bigger-context/

 

[clightmarathon]

Here is a scalp after a double bottom H2 :

 

[cornix]

Very good long indeed. Saw it setting up late and missed the fun.

 

[clightmarathon]

Unfortunately, I am still at the level of working with fixed targets...


This was an example probably, when more experience let the scalp running.

 

[cornix]

Nothing wrong with fixed targets IMO, as long as you overall make money. Seeing some with bigger potential than other comes with experience, no need to force it.

 

[ammo]

heres the res on that move ,can ya tell me what you saw on that setup