Simple Trendline Bounce

NexusFi · 2011-05-25T23:56:26-04:00

6E- 240 min chart shows the gap filled which I wanted to see before going long. You will also see a big rejection candle right on support area. 2011-04-25_2212 - babypowder's library ( 6E- 60 min chart, I zoomed here to fine tune an entry and you can see a IB right were I want it going long @ 4520. See attached. 2011-04-25_2220 - babypowder's library ( ..................................................................................................................................................................................... CL …

Discussion in Trading Journals

Updated May 26, 2011

Simple Trendline Bounce

May 25th, 2011, 11:56 PM	#51 (permalink)
babypowder Brooklyn, NY Elite Member Experience: Beginner Platform: NinjaTrader Broker: Mirus/IB/FinFx Trading: ES, Forex Posts: 182 since Apr 2010 Thanks Given: 202 Thanks Received: 199	ES- 1440 min chart, looking for a bounce long play at TL/HL level (circled). 2011-05-25_2307 - babypowder's library ES- 240 min chart, zoomed in a better look. 2011-05-25_2309 - babypowder's library ........................................................................................................................................................................... 6B- 1440 min chart, details attached on the chart. 2011-05-25_2314 - babypowder's library ........................................................................................................................................................................... 6E- 1440 min chart, price forms steep bearish candles telling me bears want this lower but I cant draw TL's (I dont like steep TL's), you can also see pullbacks has a diagonal slope followed by a steeper slope (displayed by arrows). 2011-05-25_2356 - babypowder's library