Trading with p/f

dentist007

Well-known member
Mar 25, 2003
41,711
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www.mytrailerpark.com
#17
spot oil 15 min
to me...this is usually the chart parameters to look for upcoming trades
10 cents by 1 reversal..close plot.Th e trigger will be from 1 minute data



The chart shows us the new downtrend from 1st July.we have isolated that trend and have displayed some relevant areas that could be tested next week.Price now in a range,,but could break lower.A break higher and we test the trend and horizontal res marked..104.20 area/If that breaks,then we can increase the reversal to 2 and get a new/higher res area,which will be the new area to target
a break lower and we will target 4-5 boxes before market recoils and then reassess
 
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dentist007

Well-known member
Mar 25, 2003
41,711
3,247
323
www.mytrailerpark.com
#18
dax since Friday 30th October
trends shown




messy chart..could go either way
in prev res/breakout...could be supp..
or we head downwarc
we take the signals and keep in the back of our minds the levels
 

Pat494

Well-known member
Mar 27, 2004
13,119
1,240
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#20
Nice looking charts.
Perhaps you could put in any trades and if they were profitable p&L
 

dentist007

Well-known member
Mar 25, 2003
41,711
3,247
323
www.mytrailerpark.com
#25
10880 on 1 min candle
minor res..that broke
trade taken there
with the trend...which was up/ scalp long
stop tightened now