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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Atin who wrote (42328)12/16/2000 4:37:55 PM
From: Patrick Slevin  Read Replies (1) of 44573
 
I'm looking at the charts but I do not know what time you took that Long. Your 30 minute chart is set up differently than mine and the five minute chart, if you are using the same parameters as I, would never have got me Long if I guess that the time frame was about 11:20ish.

Oh, 13:55.

That was a winning trade, no? I suspect you are using different parameters than I am.

The problem with PnF is that when you see the reversal you're a little far from the stop loss point and you'd ideally want to sell at the top O rather than the bottom O of the reversal.

It's kinda tough to figure out exactly what you did. What exactly did you do, basis the ES? Tell us the time that you took the trade as close as you can get. You went Long at 36, when? I'm just trying to get a feel for the situation at the moment. If I could get a timestamp then I could try to understand what you were thinking about.

I'm slow on the uptake, I guess. My day has been spent with my mother telling me that she wants her raggedy old furniture in her new apartment. I want to buy her new, her neighbors have smaller rooms with new, she is insisting that the old garbage is fine.

I guess she intends to be the old woman in the most expensive room with furniture the Salvation Army would burn. My attention is elsewhere, to a degree.
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