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Friday, May 18, 2007

It's Friday...

This is a funny video - it is probably NSFW as it contains [adult] sexual language. But if you are not at work and not easily offended, you will probably laugh your ass off.

"Rejected MasterCard Commercial":

Go make some good trades.



Tom T. said...

X - can you tell me why these trades did not work:

TRMP at bar 8 breaks OR high with a hammer-like bar - I know it is not a perfect hammer and I have seen other set-ups with small upper tails work. Is it Bar 4's upper tail that makes this a bad set-up? I did not trade this but I came very close to pulling the trigger on bar 8 but waitied for bar 9 and it went downhill - I am not sure what I am missing when I was thinking at bar 8 , when price crossed OR high, that this was a good set-up - thanks for any comments.

mgriggs said...

Hey X,
Thanks for the sweet blog. I've been watching you for a while and finally gave up my losing trading strategy to try yours. I spent this week setting up my system and i think i got it going and here's what i found today (i didn't actually trade these today but i caught em on my scans and gotta work on getting into them quicker..)

Trades that gapped up and brokeout to fib extension..

Trades that gapped up, brokeout but failed to hit the fib extension..

I have a question for you. You seem to show 1 or 2 charts a day. How many trades do you typically make in a day on this gap up, breakout seq? 3-10? I'm just trying to get an idea of how many you trade to get that 1 or 2 sweet trade.

Thanks so much for the info you provide. I hope i can make a little next week :)


Jamie said...

Love the video, LOL

Charles (in San Fran) said...

Funny video. No trading for me Friday.