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Search: Posts Made By: thatguy
Forum: Traders Hideout March 7th, 2010, 05:05 PM
Replies: 57
Views: 14,841
Posted By thatguy
I was trading that market, I wouldn't be doing...

I was trading that market, I wouldn't be doing anything at this point. If I have to do something, I'd go short at low of the last bar with a stop just above the high. Profit target would be two...
Forum: Traders Hideout March 6th, 2010, 05:20 PM
Replies: 57
Views: 14,841
Posted By thatguy
Hi David IMHO, I don't think you can...

Hi David

IMHO, I don't think you can conclude that the trend line held, since the line is simply drawn through the low of the last bar. Using the low of the last bar, means by definition that the...
Forum: Traders Hideout March 6th, 2010, 04:50 PM
Replies: 57
Views: 14,841
Posted By thatguy
Initially I would have gone short. The bar marked...

Initially I would have gone short. The bar marked with the red arrow looks like rejection to me and the 3rd last bar that is an engulfing would be me confirmation of a rally that fell short and I...
Forum: Traders Hideout February 28th, 2010, 12:06 AM
Replies: 57
Views: 14,841
Posted By thatguy
If I was trading that, I would have done nothing...

If I was trading that, I would have done nothing at that point. If you were holding a gun against my head, I would go long. The red bar on high volume looks like a shake-out to me with the attempt at...
Forum: Traders Hideout February 19th, 2010, 07:02 PM
Replies: 57
Views: 14,841
Posted By thatguy
Ok, I will put my ego on the line... The...

Ok, I will put my ego on the line...

The last two green bars (marked with the red arrows) shows rejection to me. The first one have the longish upper wick and high volume.
The second one made a...
Showing results 1 to 5 of 5

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