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Tommy's Revenge


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  #51 (permalink)
Billbb
GrandRapids, Michigan
 
Posts: 152 since Mar 2011
Thanks Given: 220
Thanks Received: 72

Made my notes on charts. Also mostly for my own records & learning proccess. I welcome any insights from traders that care to give input.

Thanks for peaking.


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  #52 (permalink)
Billbb
GrandRapids, Michigan
 
Posts: 152 since Mar 2011
Thanks Given: 220
Thanks Received: 72

Preseved capital..overall still look bearish as of 9:00

*Had foolish entry however got trend right which is why I didnt lose. 20point st loss kept me in it for a long time. Hope I wouldnt have made an entry like that in real, though.

Dont be bashfull hit the thanks button, let me kno that u care! Unless ur cold cold cold.....cold..


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  #53 (permalink)
Billbb
GrandRapids, Michigan
 
Posts: 152 since Mar 2011
Thanks Given: 220
Thanks Received: 72


[IMG]http://ibankcoin.com/chessnwine/wp-content/imagescaler/dd32a6fa9d71dbf0a906c95e19a51b69.jpg[/IMG]


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  #54 (permalink)
Billbb
GrandRapids, Michigan
 
Posts: 152 since Mar 2011
Thanks Given: 220
Thanks Received: 72

Most comments are on charts, Im basicly wanting to watch & learn as I move stop from ea. swing, I know I could of closed at some much better level but I want to witness the PA turn around as Im in it, take advantage of sim in this way.

As I write PA is attempting to make a LL, looks like a swng up at same lower level, 3 times L level.

Im trying a indicator..RSI-MA-350.

Dont be bashfull hit the thanks if u are reading this, dont worry I wont win...


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  #55 (permalink)
Billbb
GrandRapids, Michigan
 
Posts: 152 since Mar 2011
Thanks Given: 220
Thanks Received: 72

We made a HSL after a tripple bottom (support) * PA Crosses 55ema, Fan is crossing 55

I could wait for a swing low ontop of 55ema, which would be a launching pad for a long..I will wait for 2 swings befor moving my stop.

HOLY CRAP...LOOKET THOSE ROUGH SEAS AHEAD!!


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  #56 (permalink)
Billbb
GrandRapids, Michigan
 
Posts: 152 since Mar 2011
Thanks Given: 220
Thanks Received: 72

It look like a 3 candle swing down while price was below 55ema..but 55 was above 200sma..

I must must must watch that! Hit the thanks yet?


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  #57 (permalink)
Billbb
GrandRapids, Michigan
 
Posts: 152 since Mar 2011
Thanks Given: 220
Thanks Received: 72

Cought the slide


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  #58 (permalink)
Billbb
GrandRapids, Michigan
 
Posts: 152 since Mar 2011
Thanks Given: 220
Thanks Received: 72

Man, Look at that now! This just goes to show me once again...pretty much if 55 is below 200..Roll w/ that!

Thats pretty much a Bull Trap..


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  #59 (permalink)
Billbb
GrandRapids, Michigan
 
Posts: 152 since Mar 2011
Thanks Given: 220
Thanks Received: 72

Shorted out of the acsending wedge exactly, but took profit too soon..


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  #60 (permalink)
Billbb
GrandRapids, Michigan
 
Posts: 152 since Mar 2011
Thanks Given: 220
Thanks Received: 72


Took trade about emmieditly from logging in...not the smartest thing, but however, the 20 point stp along w/ the trend really kept it interesting w/out getting stoped out.

Didnt trade w/ Tommy's rules exactly, that system is designed to get u out withen 3 bars or less if pa doesnt agree, to keep minimum loss to tiny profit if wrong when exicuted the right way. I have Tommys Revenge & Bear Market BullDog courses up front on my agenda to review. To start getting serious w/ exicution.

Have a good & prifitable day everyone, madhouse comming soon for me...


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