DTB 11/23

ppteam

1. buy stop at bar 3 for scalp
2. short close at bar 5 for scalp
3. limit buy at bar 9 at low of bar 8 for scalp
4. short close of bar 24 for scalp
5. short close of bar 25, 2 points stop out. Now it shows bears got nothing today, no strength at all.
6. buy stop at bar 39 for scalp
7. buy close of bar 68 for scalp
8. limit short at 1180.25 at bar 70 for scalp
9. between bar 71 to the end, I traded twice, one win and one lose. forget the entry.

bears didn't show any strength today.
Using stats to trade has low probability to win.

开小差

回复 1# ppteam


   

开小差

PPT 老大，why buy at close of bar 8, i thought it was a short,

Diffusion

LLN

Bar 5 was L1 and bar 4 was an insider bar. No one like this setup?

西安

I got all my scalping orders, but for swing orders, all BE. Today is the day for scalping. I have thought today is a trend day because of big gap.

开小差

Bar 5 was L1 and bar 4 was an insider bar. No one like this setup?
LLN 发表于 2010-11-23 17:50

    if u take this trade, will u short the low of bar 4 or bar 5.

LLN

if u take this trade, will u short the low of bar 4 or bar 5.
开小差 发表于 2010-11-23 18:08

     I will short one tick below the low of bar 4.

开小差

I will short one tick below the low of bar 4.
LLN 发表于 2010-11-23 18:19

    But this is low 1, normally we should wait for L2 to short, right?

LLN

But this is low 1, normally we should wait for L2 to short, right?
开小差 发表于 2010-11-23 18:53

    For a  gap open, the L1/H1 is very reliable when following the gap direction.
But yesterday is a failed L1.

开小差

For a  gap open, the L1/H1 is very reliable when following the gap direction.
But yester ...
LLN 发表于 2010-11-23 19:13

    ic, thx

ppteam

回复 3# 开小差
bar 7 outside bull, more up.

ppteam

bar 5 L1, yesterday it failed. Normally I don't trade L1, unless it shows enough strength.

ppteam

Today is not strong bearish day, not even close.
as matter of fact, most stop short orders failed. I hope gap up and run soon.

LLN

ic, thx
开小差 发表于 2010-11-23 19:20

I'd better to make it clear.
The market tried to fill the gap, but failed. then trade L1/H1 follow the gap direction.

开小差

I'd better to make it clear.
The market tried to fill the gap, but failed. then trade L1/H1 ...
LLN 发表于 2010-11-23 19:38

    ok thx

LLN

回复  开小差
bar 7 outside bull, more up.
ppteam 发表于 2010-11-23 19:24

    Bar 7 is a reveral bar, but there is no good setup to buy except for scalp. If you count waves, it is the start of b.

ppteam

回复 17# LLN

scalp is the only way to go today. Swing short? yeah, I like to. bears are just too weak.

ppteam

don't take gap too seriously.
if you draw a horizontal line on the gap, 90% of time market doesn't care it at all.

Jojo

thank you PPT for sharing. i am not good at scalping at all. Will be burned both way if I trade these way since most of time they will be stopped out.

How do you set the target? 2 points of es.