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Looney scalp 01-11-2007. I think that we need to finalize the exit strategy. Your comments are always appreciated. cheers. Unicorn. Last edited by MC; 11-08-2007 at 05:23 PM. |
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Certainly it is taking much more shape as the tick charts make more efective timing charts... About the exits I would tell you that the red area of the rainbow its good... here I post charts with comentaries, I like what I see... basicly the vmar Icons are created on the 5 min chart and the timing happens on a smaller tick chart where so far the best entries happen when the cyan line gets outside the rainbow.... now we had a case where there was almost no pullback, in that case Unicorn timed his entry between the cyan line and its black signal ema 3... agresive but if there was good momentum it was the last chance to take the train... With all this nice examples we can elaborate into some more solid "setuping", "timing" and "exit" criterias... "stops", I would recomend the chimps universal stop system... cheers Walter.
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you can check my site on my profile contact info... Last edited by MC; 11-08-2007 at 05:23 PM. |
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Well Walter, I certainly don't want to miss your remarks on my charts. Yes, I realize that the DAX is not forex, but let's pretend it is a currency and improve on our methodology. Actually your methodology, "ours" in the sense of our intention to apply it, when finalized. So the questions today refer to: 1) aggressive or conservative entry 2) exit strategy using Hook From Extreme. Your point of view is always appreciated. Cheers. Unicorn. Last edited by MC; 11-08-2007 at 05:23 PM. |
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cheers Walter.
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you can check my site on my profile contact info... |
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