The reason I believe EO uses +2 is he figures it pays his spread and commission. The setting of the stops is a personal choice. if your not happy with +2 use a BE. Also as price moves further they move the stop up also.

Trade what you see NOT what you expect

see you good night,,

Trade what you see NOT what you expect

now we see if it holds..

Trade what you see NOT what you expect

You haven't gotten that monitor installed in the head yet.?

Trade what you see NOT what you expect

If you look at your E/J 1 hr chart the previous swing was 131.46 , Price on the 15 minute stalled at 131.69 . tested it twice the second test was a hangman. so price was rejected they take the long. But pippin never leaves his computer.. of course ...

Trade what you see NOT what you expect

I would be carefull it has corssed twice now and bounced down 15 pips off the 62 eam 1 hr.. I tried to take it short earlieer off the 10 and 21 ema barelly got out alive.. I am sure pippin is long from the bottom. I am waitng maybe a retest of the ...

Trade what you see NOT what you expect

Sorry to here that. Some of my best trades are when the computer crashes . Then I can't close them to early LOL.. Don't worry always another one around the bend.

Trade what you see NOT what you expect

EZ this is probablly some of the trades EO is talking about as they don't fall into any of the stuff on this thread .. I just tend to use the MA's as S/R and sometimes trade them as such. Bounces and breakout re-test.. But in all fairness to the ...

Trade what you see NOT what you expect

Sorry had another chapter in me.. If we think that all we are trading is a select few patterns. Then why is it we are entering down the wick of those pins. We are entering off Price Action. As was metioned somewhere today and all the candle trading ...

Trade what you see NOT what you expect

The overall goal of this thread is to learn to trade using PRICE ACTION... The PINS and HAMMERS and HANGMEN and SHOOTING STARS and The SUCH.. Are just a hint to a possible trade. Just like today we where discusing a hammer and wondering why it ...

Trade what you see NOT what you expect

Thanks pal... I took a few ..

Trade what you see NOT what you expect

Here were some entries off the cable and we just had a retest off the 10 ema .

Trade what you see NOT what you expect

No not me... I have it on the E/J as a sma and it is spot on.. on cable tried both and can't get it to equal.. As long as it's close . good to just give us a heads up that it's approaching. I have been scalping the heck out of both them.. only ...

Trade what you see NOT what you expect

I believe someone mentioned a vacation.. Not sure though.. Glad to here you had a nice time off.. Welcome Back.

Trade what you see NOT what you expect

I have put the 62 ema 1 hr on my 15. Somone here gave the value it is 248 sma .. It is the only dotted line on my chart. Gives me a heads up of the pending touch .. also you can really see when it is using it as resistance or support like now.

Trade what you see NOT what you expect

I picked the wrong time to go to the post office .. Look how the e/j bounced off that 62 ema 1 hr over and over nice straight line .. Like Pippin said earlier it did the same off the 200 sma 15 min.. took a little off the last run back up. but would ...

Trade what you see NOT what you expect

So many trades so few eyes :nerd: and then if you decide to type something for get it...

Trade what you see NOT what you expect

the ej bounced off the 62 ema 1 hr.

Trade what you see NOT what you expect

and a nice pin to start with.. the last two touches didn't go lower than the wick...

Trade what you see NOT what you expect