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eohater replied Feb 3, 2010That's correct! Now, you've pointed out the HUGE SL of 65 pips, I didn't even have that big of one's trading HTF, so I began tweeking the system, adding ma's, understanding my PA. On your above example, buyers would pound her around the price of ...
Trade what you see NOT what you expect
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eohater replied Feb 3, 2010Outstanding brother! I came from the HTF trades as well, which is why it's easier for us to understand S/R on the HTF. Combine the HTF S/R with the m15 and viola, a light goes off in your head. Just wait til this time next year! You're going to be ...
Trade what you see NOT what you expect
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eohater replied Feb 3, 2010Here's how my original system called to play the candle that closes through the m15 35. If price is heading south and closed at 5900, I would put an order to sell at 5860 with my SL 10 pips higher than the high of the candle that closed through the ...
Trade what you see NOT what you expect
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eohater replied Feb 3, 2010If no one understands this, please read it again, AGAIN and AGAIN until you do. This is one of the foundations for this method. Good job Macc!
Trade what you see NOT what you expect
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eohater replied Feb 3, 2010It's weird, but it's true more than not! My original system had it at 25 pips, but had too many false breaks with 25, I found 35 to be about 75% accurate.
Trade what you see NOT what you expect
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eohater replied Feb 3, 2010The h1 had resistance on it, then price on the m15 couldn't close above it multiple times.
Trade what you see NOT what you expect
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eohater replied Feb 3, 2010David, do you notice how your 5968 price is just past the 35 pips of the close price of the candle that closed through the m15 35?
Trade what you see NOT what you expect
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eohater replied Feb 3, 2010Outstanding week brother! I'm on a mission this week and today will be key for the goal to be reached. I understand about wanting it higher up for a sell, I took it short at 6060 but was looking for 611x.
Trade what you see NOT what you expect
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eohater replied Feb 3, 2010Afternoon brother! Well, you've still got 15m before it's afternoon, but close enough. You doing well?
Trade what you see NOT what you expect
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eohater replied Feb 3, 2010I have a long position from earlier this week that is targeting 611x, will it get there? I don't know, it's not that big of a position anymore and right off of this weeks low. The charge to 1.61 and turn would confirm the breakout south on the ...
Trade what you see NOT what you expect
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eohater replied Feb 3, 2010My SL is positive. This was a reload on my long position from just before the close of the US Session at 5969, I drove that position north for good pippage, so my add on is in positive territory. If it was a new position, yes, I would accept the ...
Trade what you see NOT what you expect
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eohater replied Feb 3, 2010TIRED! I'm running on 1h 30m worth of sleep. My son just got me up and took my 1st drink of coffee. How are you today? Snagging the pips? Did you short it with me at 6060 earlier today?
Trade what you see NOT what you expect
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eohater replied Feb 3, 2010Good morning everyone! I hope everyone got the GU bounce just now at 5990. I was able to get it. Remember the m15 wedge from yesterday? If you've extended the bottom of the wedge, you will see we just closed over the bottom trendline of the wedge ...
Trade what you see NOT what you expect
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eohater replied Feb 2, 2010DBHLC it will be. PO around 5988-5991 with a Tight SL around 6015 could yield some nice pippage. Trade safe everyone!
Trade what you see NOT what you expect
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eohater replied Feb 2, 2010Watch the m15 everyone, We could get a DBHLC here.
Trade what you see NOT what you expect
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eohater replied Feb 2, 2010Keep it simple for him off of HTF's. Let him be a Dr. if he wants, it's his life, but I know I make more money than any Dr. I've ever met. Like you said, it could be a good hobby for him to pay his way through school! Once he turns 18, he might ...
Trade what you see NOT what you expect
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eohater replied Feb 2, 2010Between 6 and 8 is when I'll get my son and daughter involved.
Trade what you see NOT what you expect
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eohater replied Feb 2, 2010I hope everyone is filling their pip baskets today. I have a request for our visitors that are not members, please take the time to join the factory today. Not only do you get the benefits of being a member, but you also get the enjoyment of being ...
Trade what you see NOT what you expect