it did break through, but has now retraced to 9567. This would have been a loser, yes?
Cheers,
UTB
PS -did you see my not about your earleir short not retracing the the 20ema - any thoughts?
Cheers,
UTB
Yes, it broke 9540 at 12.42, but 1min and 3min stoch were oversold and 10min stoch was pushing down
Hello Bashir.
Just a quick note of thanks for your continued support for those of us interested in your method. I also daytrade the YM during US hours.
kind regards:
Lou
Well im filled and wating now
A lunch trade,so not a ideal tim, but we will see what happens.Looks heavy
But you forget that price still had support below even though 10minwas down its not enough to short. I don recommend trade like these, cause they work a few time and then dont work many time.
I would rather have 3 good trades then have 3 good and 3 bad,i know its borring to wai, but that a part of the game, half the game is waiting.
Always keep an eye on the other charts and where their 20expon ma are, that will keep you out of chopp.
With regard
Bashir NAimy
bashir, you did not wait for Pullback to 20?
bashir, you did not wait for Pullback to 20?
and 30 min stoch down, though I apprecaite this rule is breakeable.
Would be nice to clarify how near the 20ema we go, before puling the trigger.
Cheers,
UTB
The only support below was at 9500 on the 30min, it broke the 1min 20ma, 3min and 10min 20ma
Bashir,
Do you allow or spead in your targets / stops? ie is 20 really 21 etc?
Cheers,
UTB[/QUOT
When i get filled at 9500 stop is then at 9480, i dont change my stop even if fille is not good.
For me 20 stops is 20, i dont like to make it a 21. But i do understnad what you mean,what kind of experience do you have with that blades, would love to hear some insight into that. Manybe is should allow it ?