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I automate (that is compute with formulae) all my estimates of price and time.
Then I try to select the right ones for the day.
I think getting the first end correct is the key and sometimes a struggle to get it.
So I would enter the orders (manually) and then when I get close use indicators and price action to trigger the trade.
My "system" is designed for days of 12 pts or more - so little narrow days like these - I would trade sim. - or just do more work on my system.
..........
peace, love and joy to you
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Can you help answer these questions from other members on NexusFi?
Tue Jul 08, 2014 8:58 am
Late start this morning
(another bad sleep)
and looks like I missed the move of the day
Now at support 1959.75 area.
Probably time for old Yeller to push the "buy" button at GS
1 x 1 supported upmove and when it came back and touched it and then bounced breaking the downtrend line and then with one full bar above the up 4 x1 from ZC retrace is over and time to go long.
I'm trying to get up earlier and go to bed on time - so late right now
I posted several videos in a thread "Video Tips and Tricks" - doesn't seem to get much interest.
I'm working on trying to find time for visualizations. - seems tough for me to do.
I've been off for a few months - back taxes and then catching up on my stats gathering and updating of my spreadsheets. So I'm back trading on the sim and when I can make 25pts in a week I switch to cash.
25pts *$50 = $1250
Monday $29
Tuesday $247 (I was at +400 and then wanted the extra $100 was up $86 and went to the washroom came back and down $169)
Not pleased with my trading as I had FE=HE and a price of 1975.50.
With an open of 1972.25
and dir30 upto 1974.00 it was a slam dunk to get to 75.50