And this is why I don't like BB's. Seems to happen far too often.
YM Traders
- Thread starter volente_00
- Start date
im begining to accept to expect the opposite of what is expected
what you expect
may be something you did not expect
but what you did not expect
may be something you did expect
in otherwords
expectactions mean nothing unless they are 100% proven by PRICE ACTION.
INTIAL BIAS,
Check of BIAS,
if CHECK PA = FALSE
Change of BIAS
if CHECK PA = TRUE
ADD POSITION BEFORE BIAS CHANGE.
Change of BIAS
if CHECK PA = FALSE
TAKE PROFITS BEFORE BIAS CHANGE.
LOOP START.
may be something you did not expect
but what you did not expect
may be something you did expect
in otherwords
expectactions mean nothing unless they are 100% proven by PRICE ACTION.
INTIAL BIAS,
Check of BIAS,
if CHECK PA = FALSE
Change of BIAS
if CHECK PA = TRUE
ADD POSITION BEFORE BIAS CHANGE.
Change of BIAS
if CHECK PA = FALSE
TAKE PROFITS BEFORE BIAS CHANGE.
LOOP START.
so far this is one sweet bull trap on the daily...a.k.a..... bearish engulfing bar
son of a bitch..... someone started a rumor about raising the threat level....... messin up my gap play on the YM 
BB doesn't work on trending days, or you have to look at longer timeframe.
There were 4 buy signals today so far on the 5 mins, the first 3 all failed, but not before going higher by 5-10 points. Depending on what kind of stop loss one uses, it was good for breakeven at least. Even if you lost on the first 3 a little, the 4th paid for them.
The 4 th signal resulted with a 30 points runup in , still higher by 15 points.
But if you look at the 10 minutes chart, it is better than sex!
Quote from Pekelo:
BB doesn't work on trending days, or you have to look at longer timeframe.
There were 4 buy signals today so far on the 5 mins, the first 3 all failed, but not before going higher by 5-10 points. Depending on what kind of stop loss one uses, it was good for breakeven at least. Even if you lost on the first 3 a little, the 4th paid for them.
The 4 th signal resulted with a 30 points runup in , still higher by 15 points.
But if you look at the 10 minutes chart, it is better than sex!
Yes and I can draw a random horizontal line each day and go long above, short below this line. Unless I have a good exit technique it's merely mental masturbation. Should I just draw these random lines and post them here sir? Maybe, I can get some attention just like you seem to want.
long YM @ 868.... stop at 848...... odds now favor the upside
Although I must agree,random entries/position size,sound(strict) money m.can be a system.We all just tryin the best we can do boss