That's the same trade I was in (BCE as well I think), I was long from .48, and exited at .78, for no good reason other than it stalled... I will...
Did not like the action on CL today ... came out -5 for the day. 2 good trades, but about 6 dumb ones, and the two winners I should have let ride...
lol, let's leave it as is :-) My point is only that diagonals work quite often, as do horizontal levels. I think discounting the significance...
In the context of a 100% mechanical, objective system that blindly buys and sells based on MAs, I agree. When human discretion can be allowed to...
I see what you mean Mark -- I won't go into my views on trending and price movement then since that's not your intention. It's funny you...
Here is a CL chart from today. It's only one example so I'm not trying to prove anything by this one example, and it's only one market. In this...
Depends on what time frame you're talking about trending. "Markets only trend 20% of the time" is oft-quoted, rarely supported with data. A...
With the earlier long all it would take is trailing the bar lows on the 1m with as much strength as it showed... kinda stupid exit on my part.
Yes I need bigger wins to offset some of my bonehead trades. Or just fewer bonehead trades would do fine for me. Your formula is correct,...
Longed .48, break of 5m 10:20 bar, bounce off 5m EMA, closed for +30 at .78 .. I am still closing early, as 91 seems impending (actually just hit...
Your PP is not based on the daily chart it seems .. should be 91.13 or so... unless maybe you're using a pit PP for some reason instead of globex.
nice bull flag on 1m .. if ema holds, will consider a long above .40 ADD -- BUT, 15m EMA still serving as resistance, so need to see a break of...
Your method does not objectively define HH and HL, thus is open to an individual's interpretation of what that means. The NT indicator is ZigZag,...
But if you can see it but not program it, it's discretionary and not ambiguous. I think it's pretty easy for ANY one to see. That's not the hard...
I used to think pivots were voodoo and useless, but after giving them a chance I found them to often be areas of attention. Not always, but often...
How do you programatically define HH and HL?
You're talking about a completely programmable, non-hands-on, automated system, right? If so, do you have one example of one that has been...
Can you give an example of a "profitable system" (could just be made up, it doesn't have to be real)? I dislike the word "system" because to me it...
Exactly -- but then attaching specific and actionable meaning to those things and then planning and executing a plan based on that is the reason...
Thanks, good stuff. I like to hear an explanation as "simple price action" can mean different things to different people!
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