more for self-discipline than anything else

[rathcoole_exile]

comments not required (but welcome all the same)

 

[rathcoole_exile]

silver

no comments required (but welcome all the same)

 

[rathcoole_exile]

silver Long triggered

long triggered at 18200
of course price immediately fell back !

 

[rathcoole_exile]

2 nice trades earlier today

2 trades earlier today, I'll try to post live in future. Both moved nicely from Daily Pivot to Monthly Pivot, supported beautifully by bullish RSI divergence ....

 

[rathcoole_exile]

.

stoploss moved to B/E at 18200,
target 18600 (approx 1xATR)



target hit, but look at what i could have made if i had been able to follow the trade and actively move my stoploss. still, i gotta sleep sometime. maybe I should move to US time zone, maybe Canada ?

 

[nine]

I have learn't (and occasionally relearn) never to bet against the trend.

I have also learn't that for somethings I my setup should include a trigger and then an entry at a better price because the big boys have to get filled somewhere (and why not join them). I haven't traded silver for years so I don't know if its true there or not but its a trade enhancing trick on things like palladium.

 

[brutusdog]

stoploss moved to B/E at 18200,
target 18600 (approx 1xATR)



target hit, but look at what i could have made if i had been able to follow the trade and actively move my stoploss. still, i gotta sleep sometime. maybe I should move to US time zone, maybe Canada ?

hi re, are you not using your ma channels and pull backs anymore? also could you expand on the bollinger squeeze setup your running? i put some work into this a while back and found it pretty useful.....hope the go go bars aren't keeping you too busy!

 

[rathcoole_exile]

hi re, are you not using your ma channels and pull backs anymore? also could you expand on the bollinger squeeze setup your running? i put some work into this a while back and found it pretty useful.....hope the go go bars aren't keeping you too busy!

hi BD,
things have got a little hectic here. from living a life of leisure and trading most nights this time last year, i find myself this year running 2 companies and on the board of a couple of others. Plus of course, baby is now 14 months old, so she's taking up some Daddy time.
So unfortunately trading is temporarily toned now for a while - so what I'm currently mostly doing is trading daily charts, looking for breakouts from consolidation using Stop Buys and Stop Sells.
I find that using either Inside Bars and/or Bollinger/Keltner squeeze is good for this set-up, as well as obviously drawing consolidation channels.
I'm also trying, at the same time, to educate myself in using Pivot points in conjunction with the trades.
And third, if a move is confirmed by my perennial favourite, RSI divergence, so much the better.

basically, as well as the time element and the time difference element making a difference, i find that my trading technique is getting more and more influenced by the thinking of John Carter and Hubert Senters at tradethemarkets.
So when i eventually get more time and go back to intraday trades, it will be along those lines - Boll squeeze, Pivot plays, etc. I'm just trying to improve my technique on a slower timescale for now.

I'm so busy even the go-go bars have taken a back seat, so you can tell how serious the situation is !!!!!

cheers, garry

 

[rathcoole_exile]

trades for 28 feb, but am cautious about the wide range on both soybeans and ES

soybeans
Stop Buy in at 1475
Stop Sell in at 1425
each is the hard Stop Loss for the other so Risk=50
So targets are 1525 and 1375 respectively at 1:1

ES
Stop Buy in at 1400
Stop Sell in at 1363
each is the hard Stop Loss for the other so Risk=37
So targets are 1437 and 1330 respectively at approximately 1:1

 

[brutusdog]

hi BD,
things have got a little hectic here. from living a life of leisure and trading most nights this time last year, i find myself this year running 2 companies and on the board of a couple of others. Plus of course, baby is now 14 months old, so she's taking up some Daddy time.
So unfortunately trading is temporarily toned now for a while - so what I'm currently mostly doing is trading daily charts, looking for breakouts from consolidation using Stop Buys and Stop Sells.
I find that using either Inside Bars and/or Bollinger/Keltner squeeze is good for this set-up, as well as obviously drawing consolidation channels.
I'm also trying, at the same time, to educate myself in using Pivot points in conjunction with the trades.
And third, if a move is confirmed by my perennial favourite, RSI divergence, so much the better.

basically, as well as the time element and the time difference element making a difference, i find that my trading technique is getting more and more influenced by the thinking of John Carter and Hubert Senters at tradethemarkets.
So when i eventually get more time and go back to intraday trades, it will be along those lines - Boll squeeze, Pivot plays, etc. I'm just trying to improve my technique on a slower timescale for now.

I'm so busy even the go-go bars have taken a back seat, so you can tell how serious the situation is !!!!!

cheers, garry

sounds good mate, glad that its going well and looking forward to some more charts:smart:

 

[rathcoole_exile]

trades for 28 feb, but am cautious about the wide range on both soybeans and ES

soybeans
Stop Buy in at 1475
Stop Sell in at 1425
each is the hard Stop Loss for the other so Risk=50
So targets are 1525 and 1375 respectively at 1:1

ES
Stop Buy in at 1400
Stop Sell in at 1363
each is the hard Stop Loss for the other so Risk=37
So targets are 1437 and 1330 respectively at approximately 1:1

Soybeans Long was triggered, but price fell back again. Looks dangerously like a pin-bar reversal at a High now, so I'm going to really tighten up my Stop, probably to 1457. Looks like price will continue to decline and I'll get stopped out for -18, but there's a remote chance of a resumption of trend

No trigger on ES, so Stop Short at 1363 still in place

 

[rathcoole_exile]

just thinking aloud.
one more rise on the Yen up to channel limit then a reverse ?

or can anyone see a continuation in order ?

 

[rathcoole_exile]

soybeans
Stop Buy in at 1475
Stop Sell in at 1425
each is the hard Stop Loss for the other so Risk=50
So targets are 1525 and 1375 respectively at 1:1

ES
Stop Buy in at 1400
Stop Sell in at 1363
each is the hard Stop Loss for the other so Risk=37
So targets are 1437 and 1330 respectively at approximately 1:1

Soys triggered but going nowehere. Now pretty near my tightened Stop

ES - luvvly jubbly

 

[rathcoole_exile]

just thinking aloud.
one more rise on the Yen up to channel limit then a reverse ?

or can anyone see a continuation in order ?

well it closed right on the channel line. now what'll happen ?

 

[rathcoole_exile]

hmmm. Soybeans and Soybean Oil have both been rising well lately, but not so Soybean Meal.
Does anyone have any idea on any Fundamental issues that are preventing meal from catching up woth Soy & Soyl ?

might be worth going Long once 376 is breached ?