Magpie Trader
Thursday, September 01, 2005
1/9/5
back in at 1.8083 long, then reversed at 8073 - 1-2-3 top, no. 2 broken by a pip.
-10
stopped and reversed again at 8085 after the '3' was broken. The 5 minute showed the 1-2-3 with a failed break north then a break south, thought it would at least hit 8055. Trying to play the Joe Ross trade - didn't work this time.
-12
closed at 8081, think it's now a trading range as 8084 resistance is holding. Would have tried to capture 10 pips north up to 95, but blinked and missed it.
-4
Not risking a short now, keeping the pips for a north run - if at all.
cable not playing the game...
More to ponder on.
-10
stopped and reversed again at 8085 after the '3' was broken. The 5 minute showed the 1-2-3 with a failed break north then a break south, thought it would at least hit 8055. Trying to play the Joe Ross trade - didn't work this time.
-12
closed at 8081, think it's now a trading range as 8084 resistance is holding. Would have tried to capture 10 pips north up to 95, but blinked and missed it.
-4
Not risking a short now, keeping the pips for a north run - if at all.
cable not playing the game...
More to ponder on.
// posted by Magpie @ 9:23 pm 
Comments:
<< Home
how accuracy is 1-2-3 formation on 5,15,30mins timeframe? i read this ebook
123system by mark crisp, he doesnt recommend it daytrade such formation on page 11.
cheers
okl
123system by mark crisp, he doesnt recommend it daytrade such formation on page 11.
cheers
okl
not sure have u came across this 123 method with bollinger Bands by Joe Ross , i find it very useful
http://www.trading-naked.com/library/Trading%20Manual_C30_257-266.pdf
Post a Comment
http://www.trading-naked.com/library/Trading%20Manual_C30_257-266.pdf
<< Home
