Richard Hill Forex Net Trap

[Tanguero]

I have a game plan for tomorrow and leaving the orders tonight: sell 1.5260 Pivot SL 20 TP S4 15153.

I am waiting for a retracement to scrap this beast and may join you guys long.

 

[thelurker1]

I am waiting for a retracement to scrap this beast and may join you guys long.

Is this based on S and R levels?

Thanks

 

[Denman]

I am waiting for a retracement to scrap this beast and may join you guys long.

Tang, got a feeling you're gonna be ok....dont think we'll trigger

 

[Dubai]

Cam level at 1.5269 stopping GU going any higher for now but 85 SMA on 15m is nicely positioned for support on longs.

If it can close above 1.5269 on 15m then 1.5300 should be in sight.

 

[Tanguero]

Is this based on S and R levels?

Thanks

Yes the cams.

 

[Denman]

Tang, got a feeling you're gonna be ok....dont think we'll trigger

But what do I know...Just triggered

 

[Dubai]

Euro open coming...we gonna push up or fold back down?!

 

[mark120169]

how is int going im thinking of trading this way
Any back data ?

Only to mid May. Doing better than anything else since then. Long term is ok according to Wagtail but not as good as NT.

I scaled mine as TNT with NT40.

M

 

[Tanguero]

15277 is 50% of yesterday's range and a strong resistance. And just enough to stop me out.

 

[Sang Froid]

15277 is 50% of yesterday's range and a strong resistance. And just enough to stop me out.

That mean you're long too now tang?

 

[Tanguero]

That mean you're long too now tang?

That means that I shorted @ 15275.7 SL 20 Target 15215.

 

[Dubai]

So you short fib numbers based on daily range? Not the best idea imo but gl.

 

[thelurker1]

That means that I shorted @ 15275.7 SL 20 Target 15215.

What time frame do you use?

 

[Dubai]

He's using fib retracement based on daily range. He's mentioned that.

 

[Tanguero]

So you short fib numbers based on daily range? Not the best idea imo but gl.

Yes and being stupid sometimes. Stopped out again.

 

[Dubai]

I believe fib numbers only work over a wider period. i.e a bigger swing high and swing low. Have you had much success with fib based on 1 daily bar?

 

[mark120169]

Yes and being stupid sometimes. Stopped out again.

INT Banked +25 pips. Buy 15266.

M

 

[Sang Froid]

INT Banked +25 pips. Buy 15266.

M

+30 buy @ 67

 

[Tanguero]

I believe fib numbers only work over a wider period. i.e a bigger swing high and swing low. Have you had much success with fib based on 1 daily bar?

What do you mean? I do use classic fibs but my preference is for fib extensions.

 

[Tanguero]

What time frame do you use?

Frames. Anything from tick to 15 min primarily.