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Home 08 May 2013 16:57 #1

remo NOW ONLINE Moderator Posts: 3079 Thank you received: 5561 Karma: 113	not yet...im aiming for 145.5
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Home 08 May 2013 16:04 #2

Shotry OFFLINE Junior Boarder Posts: 368 Thank you received: 199 Karma: 10	Thanks for that Remo, have you taken your first contract off of Home at 142ish?
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Home 08 May 2013 15:43 #3

remo
NOW ONLINE
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Posts: 3079
Thank you received: 5561
Karma: 113

Shotry wrote:

Makes sense. Thanks, the other thing is, you sometimes describe a trade as a free trade (i.e. stop moved to a point above entry after spread). It's not necessarily free obviously if you hold overnight and it gaps at open or do you use guaranteed stops

its a free trade as i use a 3 contract rule of mine. so ive taken profit on one contract and the others are moved to break even so hence the free trade.
heres the link to my 3 contract rule.
www.chartsview.co.uk/learning/3-Contract-Rule.html

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remo

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Home 08 May 2013 14:59 #4

Shotry OFFLINE Junior Boarder Posts: 368 Thank you received: 199 Karma: 10	Makes sense. Thanks, the other thing is, you sometimes describe a trade as a free trade (i.e. stop moved to a point above entry after spread). It's not necessarily free obviously if you hold overnight and it gaps at open or do you use guaranteed stops
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Home 08 May 2013 14:40 #5

remo NOW ONLINE Moderator Posts: 3079 Thank you received: 5561 Karma: 113	im looking for 145 area and then see if it can break above. This is still in the up trend so this entry was based on the correction phase being over by bouncing of the trend line.So the main target will be to the highs again. hope that makes sense. so short term the target is 145. so far its working according to plan
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Home 08 May 2013 13:57 #6

Shotry OFFLINE Junior Boarder Posts: 368 Thank you received: 199 Karma: 10	What's you're target on this Remo. I can envisage 139 (that's really short term) and also around 154?
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Home 08 May 2013 13:10 #7

remo NOW ONLINE Moderator Posts: 3079 Thank you received: 5561 Karma: 113	This ones at the main trend line. im long with a 5 point stop so small risk. This is a first attempt trade...i am long from yesterday.. This is from the interesting chart section see how this bounced of the gap fill as well.Perfectly... This shows how gaps give support
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Home 12 Jan 2013 20:34 #8

Tradesmarter OFFLINE Junior Boarder [email protected] Posts: 157 Thank you received: 413 Karma: 25	in this one, (long term) but trendline and 50 day should give buy the dip opportunity (tight stops)
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