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Old 09-30-2009, 10:45 AM   #417

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Re: Reading Charts in Real Time

Quote:
Originally Posted by Gabe2004 »
It is interesting that the candles look different at different brokers in the same timefarem.
I assume your chart was 15min.

Gabe
in fact, it was a 10 minute chart.
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Old 09-30-2009, 11:27 AM   #418

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Re: Reading Charts in Real Time

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Originally Posted by thalestrader »
Hi Folks,

Quick look at the ES ... decision time here as well.

Best Wishes,

Thales
No need for you to make a decision ... just place your orders and let the market decide ...

I'm looking for 49 and 53quarter from 44.75 entry

Best Wishes,

Thales
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Old 09-30-2009, 11:59 AM   #419

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Re: Reading Charts in Real Time

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Originally Posted by thalestrader »
No need for you to make a decision ... just place your orders and let the market decide ...

I'm looking for 49 and 53quarter from 44.75 entry

Best Wishes,

Thales
There's 49 ... and now looking 53.25

Best Wishes,

Thales
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Old 09-30-2009, 12:16 PM   #420

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Re: Reading Charts in Real Time

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Originally Posted by thalestrader »
There's 49 ... and now looking 53.25

Best Wishes,

Thales
Does this represent a 2B short opportunity? I don't know, but I suspect that Sperandeo would say yes. I am long, with profit on 1/2 filled at 49, stop on remaining position is 46. I do not trade this type of 2B, if this is such a situation.

Best Wishes,

Thales
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Old 09-30-2009, 12:19 PM   #421

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Re: Reading Charts in Real Time

you're annoyingly good thales.
Maybe I can come to where you live and teach your daughter to play the piano or the guitar, and you can teach me how to trade better!?

p.s - Did you see my last post with the chart? Would that constitute a 'thales' trade? It worked out nicely anaway.

pps - would your ES trade just a break out of the triangle trade. A pattern you've not yet mentioned before? thanks
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Old 09-30-2009, 12:41 PM   #422

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Re: Reading Charts in Real Time

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Originally Posted by subterfuge »
p.s - Did you see my last post with the chart? Would that constitute a 'thales' trade? It worked out nicely anaway.

pps - would your ES trade just a break out of the triangle trade. A pattern you've not yet mentioned before? thanks
I had not seen your post, but yes, I took that trade as well (6B not the GBPUSD spot). Short entry was 1.6005 and I was stopped out at 1.5956.

As far as the ES, price was coiling at a prior low after the large range impulse decline from the open. I had an order to go short and an order to go long. I entered a bit earlier than I would normally enter because I could do so with an extremely tight stop (we had a potential higher low, so my stop was a tick below there and gave the trade a better R/R profile that had I waited for the break of the dotted blue line.

Best Wishes,

Thales
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Old 09-30-2009, 12:49 PM   #423

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Re: Reading Charts in Real Time

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Originally Posted by subterfuge »
you're annoyingly good thales.
Maybe I can come to where you live and teach your daughter to play the piano or the guitar, and you can teach me how to trade better!?
I am being captain obvious here, but make sure you post questions you have relevant to this thread often. This thread gets hundreds upon hundreds of views per day, but fewer posts and questions. I think your questions that gets answers help us all.

This thread is one of the few gems out there, maybe one day it will die as they all eventually do, and then people will be thinking they either wished they were around when it was live, or wished they had taken more advantage of it.

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Old 09-30-2009, 12:50 PM   #424

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Re: Reading Charts in Real Time

Quote:
Originally Posted by thalestrader »
No need for you to make a decision ... just place your orders and let the market decide ...

I'm looking for 49 and 53quarter from 44.75 entry

Best Wishes,

Thales

If it weren't so obvious, it would seem like magic.


Best Wishes,

Thales
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