more for self-discipline than anything else

rathcoole_exile said:

.

Click to expand...

rathcoole_exile said:

stoploss moved to B/E at 18200,
target 18600 (approx 1xATR)



target hit, but look at what i could have made if i had been able to follow the trade and actively move my stoploss. still, i gotta sleep sometime. maybe I should move to US time zone, maybe Canada ?

Click to expand...

brutusdog said:

hi re, are you not using your ma channels and pull backs anymore? also could you expand on the bollinger squeeze setup your running? i put some work into this a while back and found it pretty useful.....hope the go go bars aren't keeping you too busy!

Click to expand...

rathcoole_exile said:

hi BD,
things have got a little hectic here. from living a life of leisure and trading most nights this time last year, i find myself this year running 2 companies and on the board of a couple of others. Plus of course, baby is now 14 months old, so she's taking up some Daddy time.
So unfortunately trading is temporarily toned now for a while - so what I'm currently mostly doing is trading daily charts, looking for breakouts from consolidation using Stop Buys and Stop Sells.
I find that using either Inside Bars and/or Bollinger/Keltner squeeze is good for this set-up, as well as obviously drawing consolidation channels.
I'm also trying, at the same time, to educate myself in using Pivot points in conjunction with the trades.
And third, if a move is confirmed by my perennial favourite, RSI divergence, so much the better.

basically, as well as the time element and the time difference element making a difference, i find that my trading technique is getting more and more influenced by the thinking of John Carter and Hubert Senters at tradethemarkets.
So when i eventually get more time and go back to intraday trades, it will be along those lines - Boll squeeze, Pivot plays, etc. I'm just trying to improve my technique on a slower timescale for now.

I'm so busy even the go-go bars have taken a back seat, so you can tell how serious the situation is !!!!!

cheers, garry

Click to expand...

rathcoole_exile said:

trades for 28 feb, but am cautious about the wide range on both soybeans and ES

soybeans
Stop Buy in at 1475
Stop Sell in at 1425
each is the hard Stop Loss for the other so Risk=50
So targets are 1525 and 1375 respectively at 1:1

ES
Stop Buy in at 1400
Stop Sell in at 1363
each is the hard Stop Loss for the other so Risk=37
So targets are 1437 and 1330 respectively at approximately 1:1

Click to expand...

rathcoole_exile said:

soybeans
Stop Buy in at 1475
Stop Sell in at 1425
each is the hard Stop Loss for the other so Risk=50
So targets are 1525 and 1375 respectively at 1:1

ES
Stop Buy in at 1400
Stop Sell in at 1363
each is the hard Stop Loss for the other so Risk=37
So targets are 1437 and 1330 respectively at approximately 1:1

Click to expand...

rathcoole_exile said:

just thinking aloud.
one more rise on the Yen up to channel limit then a reverse ?

or can anyone see a continuation in order ?

Click to expand...