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COMMON SENSE

  #471 (permalink)
 
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 mfbreakout 
BOSTON, MA
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Luckily we are not fighting Clint, where one mistake and your are out. Not every bounce is a sign of buyers or exhausation from the sellers.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
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  #472 (permalink)
 
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 mfbreakout 
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Insated of worrying about targets , try to figure out HOLD time. What's the point of figuring out 2 points targets when the move underway is 15 points?



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
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  #473 (permalink)
 
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 tturner86 
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mfbreakout View Post
Anyone who is long in TF, CL, NG, NKD , PL, PA , ZS or tried long has a message from Clint

" Clint Eastwood - You're going to look awfully silly..."


Ahh man @srgtroy they don't make movies like they used to.

'No, No I was just going.' Said all the bulls today.

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  #474 (permalink)
 tflanner 
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mfbreakout View Post
Insated of worrying about targets , try to figure out HOLD time. What's the point of figuring out 2 points targets when the move underway is 15 points?

Mfb, what is your average hold time for trades (assuming u track this). Mine is 3 to 4 minutes...which I know I have to change.

Thx

The Market is Smarter than You Are
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  #475 (permalink)
 
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 mfbreakout 
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tflanner View Post
Mfb, what is your average hold time for trades (assuming u track this). Mine is 3 to 4 minutes...which I know I have to change.

Thx

It's in hours. 1 to 2 hours. I will scale out but i will not fully get out of position till the trend changes or ATR is hit if i am in the trend. I have been short CL, TF, NG, PL, PA etc for 3 hours today.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
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  #476 (permalink)
 
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 mfbreakout 
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" Imaginary War Zone".

Till market participants are fully engaged and present in the market, i find it uselless to make forcasts like TF will do this and that.




My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
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  #477 (permalink)
 
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 mfbreakout 
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Guaranteed Returns. What? Have you lost your mind? will be a logical question. Similarly on the flip side traders who make forcast have lost their mind without realizing it.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
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  #478 (permalink)
 
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 madLyfe 
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mfbreakout View Post
It's in hours. 1 to 2 hours. I will scale out but i will not fully get out of position till the trend changes or ATR is hit if i am in the trend. I have been short CL, TF, NG, PL, PA etc for 3 hours today.

hasnt the ATR for TF been hit?



red bands are the avg of the ADR of the ADR 10/20.

dont believe anything you hear and only half of what you see

¯\_(ツ)_/¯

(╯°□°)╯︵ ┻━┻
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  #479 (permalink)
 
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 mfbreakout 
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madLyfe View Post
hasnt the ATR for TF been hit?



red bands are the avg of the ADR of the ADR 10/20.

Yes ADR got hit. Lunch hour. I am out and flat. But no longs. Need one of following 2 for me to go long.

1) A flush down and then reversal of it.

2) Market internals at least turn somewhat +ve.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
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  #480 (permalink)
 
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 mfbreakout 
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Are there any longs? Yes. Day trading is not very efficent with CC and the like. Once trend is set due to macro catalyst, they stay the course for some time.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
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