DTB 09/29

ppteam

1. buy stop at bar 2 for scalp
2. buy the close of bar 8 to expect upside breakout, stop out at bar 10 below the low of bar 8
3. short the close of bar 10 to expect downside run, didn't take initial profit, got stop out for 2-3 ticks.
4. limit buy at bar 17 at 1137.5, for 2 points and run. The run target is hard to decide. Initially I used 1145, ended up getting out at 1143.5
5. limit buy at bar 61 at 1142.5 for scalp
6. I should have shorted above 1144 for scalp, didn't do it
7. short the close of bar 68 for scalp
8. chase short in bar 70 for scalp
9. limit buy at bar 74 at 1137.25 for scalp.

西安

sf.

西安

I like 4. I can not see big pictures. Always catch small profit. Some times fell very tired because of overtrading.

ppteam

回复 3# 西安

this is why I used 1145, but range choppy makes everything unreliable.

leftright

5i5j

回复 1# ppteam

What setup for Bar 17 (#4)? Bar 12 looks a good buy for scalping to me.

90ufo

1. buy stop at bar 2 for scalp
2. buy the close of bar 8 to expect upside breakout, stop out at bar ...
ppteam 发表于 2010-9-29 16:22

4. limit buy at bar 17 at 1137.5, for 2 points and run. -------- I guess the stop loss is 1135.25? when you enter this trade, how do you see it can rise to 1139.5 (> 5*20ema),  (I would have chickened out at 1139)

ppteam

回复 7# 90ufo

the risk is on break down. I wouldn't use 1135.25 as stop, I would see how the bar closed if it dropped below. At that point, I was fairly certain the day was a range day
Target should be the upper range, hard to say the exact point. That's why it's OK to take initial profit.