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- tbjohnton replied Apr 19, 2011
even if that was ur s u b, price needs to take it out by a pip on the next bar, or no trade, if that subsequent bar is still under -50 and closes below sma, then that is ur 2nd chance s u b
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- tbjohnton replied Apr 19, 2011
had div, sub was just under resistance, but sub never taken out by a pip
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- tbjohnton replied Apr 19, 2011
gimmie, the s u b, never got taken out by one pip to get u into a trade
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- tbjohnton replied Apr 18, 2011
In days of old, when knights were bold, And journeyed from their castles, Trusty men were left behind, Knights needed not the hassles. They helped themselves to pig and peach, And drank from King's own chalice. Oh, it was a stirring sight These ...
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- tbjohnton replied Apr 13, 2011
our govt does such a nice job of collecting debt, no sense on us following there lead--wait for the perfect storm, sounds like a good idea
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- tbjohnton replied Apr 13, 2011
i know this was after the finish bell, but would this be a valid short to take even though we are in an uptrend. once it broke thru the 4480 level it tested it 2x and then gave a setup bar, are these valid counter-trend trades or do we need div 123, ...
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- tbjohnton replied Apr 12, 2011
s u b--setup bar can you use the 2nd bar if the first one isnt within the 2.4? i thought that would negate the trade
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- tbjohnton replied Apr 12, 2011
almost a gorgeous 123 at the end of a countertrend move to get back with the trend, setup bar was >2.4 away from #2 which made it invalid (sorry my #1 is a little too far right)
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- tbjohnton replied Apr 12, 2011
from my understanding, there are 2 occasions where the 2.4 pip rule comes into play 1--(if going short) the setup bar high must be within 2.4 pips of the sma 2--with a 123 setup(if going short), the low of the setup bar, if it doesnt break the #2, ...
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- tbjohnton replied Apr 12, 2011
too close to news, could have been the culprit
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- tbjohnton replied Apr 8, 2011
after further review, there is substantial evidence to confirm the validity of the trade, therefore div wont be subject to any further questioning, although on my charts, the red bar did close right on the sma, where on the one he posted, there was ...
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- tbjohnton replied Apr 8, 2011
div--are you sure no rules were harmed in the execution of that trade? my chart shows that as being the 3rd potential s u b, and i thought after 2 we had to get another pullback (the red bar closed on the sma and was above 50)--just heckling u ...
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- tbjohnton replied Apr 8, 2011
some trades need more than a 9 pip cushion to work out, look thru the charts div has posted, it should start to make sense
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- tbjohnton replied Apr 6, 2011
thanks for clearing that up, div. i didnt recognize that as a 123
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- tbjohnton replied Apr 6, 2011
trying to load a chart, since i think we are talking about different trades, the setup was touching the sma on this one
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- tbjohnton replied Apr 6, 2011
you didnt take the long at 1445, i stayed away since it was back and forth around the 4285 level, but i figured that was just me being paranoid, after the fact (which is always easier) i determined the up/down trend mark was probably at the 4265 area
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- tbjohnton replied Apr 2, 2011
broke another rule by trading on nfp friday---lol
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- tbjohnton replied Apr 1, 2011
post 472 pg 32, "30 is limit to do 26 pip stop this was 38"
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