posted by Trader-X:
A blank slate...opportunities abound. Go make some good trades.
FYI - I am behind on emails and will try to catch-up over the next few days. And, don't forget tonight is the season finale of 24.
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Tags:
Trader-X, 24
Three sector produce best Episodic Pivots
19 hours ago
8 comments:
Hi Trader-X,
I take some profits on the Fibonacci Extension on CMTL. I entered at the 5th bar when it brokes the 4th bar high on 15 min.
I also entered on TSN, but it's dead.
Good trading all and keep up the great work.
posted by Tom C:
I also traded CMTL, but the 30-minute chart off a break of the 2nd bar high.
Nice job Tom C.:
In both charts we have take it at the same price.
Would you have take it on 15 min chart?
2 Losers and 1 winner. Losers were ACN (break of 2nd bar low -15min) and JWN (break of 3rd bar low-15min).
Tom C and X, would either of you have traded ACN or JWN?
Winner was RYN, short B&B on break of 5th bar low.
posted by Tom C:
CMTL - probably, thought I liked the 30-minute better.
ACN - no, that 2nd bar didn't narrow any...I like entering after seeing a nr bar in most cases
JWN - probably, though the new (undisclosed as of now because he is testing) trader-x parameters would have kept me out. If you entered long, the long lower tail on the 4th bar was a huge red-flag, and you should have been able to get out around break-even.
Thanks Tom C,
I went short on JWN, because of the long upper wick.
I am excited about the new parameters! Look forward to hearing about it in the future.
24 was absolutely insane. I cannot beleive how it ended. Great show.
Bill - yes, I forgot about the Chinese and didn't see that coming. Great end and set-up for next season.
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