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YES !!! and NFLX
still holding 2 Put 60 weeklies from 0.465 incl commission
CROX
Bought yesterday 3 16 Calls August at 0.425 incl commission
right now they are at .55 bid
Trades right now on WDC
Bought 5 35 Calls July w yesterday at 0.305 with comission
Sold 2 35 Calls July w for 3.2 in the beginning
Sold 1 35 Calls July w for 4.05
Holding 2 lets see....
In additional the Crox calls 16 getting some action too
THANKS! and Yes, I`m really curious to see how it plays out
Sold 2 at 3,2 took initial invest plus more out
Good Luck to you too
I also
You are the Best!!!! Very fine morning to you!!
I know what you mean that are definitely very good feelings.. keeps you save and warm ... will take this last sentence from you with me and think about it a bit before I sleep in... very good
Good Night everyone
*lol modest as ever...
yes saw it and then I checked it back over different pairs ...
Yes that is what I meant... it took me a long way to respect the lines sg setup.. I began with the Quad tunnel from sg.. then he came up with the easier setup of his chart... I had my difficult with it to see hwat he sees ... had big problems by finding my entries and exits... so I lacked my chart completely and went over it again step by step... first I had only his MACD chart I have to say this 21,34,8 is a blast and I found the 10,34,34 real cool *lol.. compred what the price is doing with MACD... I needed more information... then I took EMA 20 and EMA 10 from earlier days while I traded stocks... I realized that EMA 20 is a very very respectable line... I tried via 1 min and still needed more information and then I compared it to 5 min over to 15 min over to 1 hour and 4 hour ( I don`t like that timeframe and only look on it from time to time *lol) ... still needed information because I got still nervous in my trades... so it came that I gave the EMA 89 and 169 ( for Quad tunnel ) from sg another shot... and here we go... all in all I now can see what I`m doing when I`m in a trade but still have my problems to find the best entries... I`m working hard on it to respect the trendlines as resistance and supports on the 1 min chart... still need to find my trading plan when to enter... for example do I only play divergence on price vs MACD or do I only play double tops or bottoms vs MACD or enter every trade when it hits support or resistance for quick scalp... and so on... it was a hard time and still is a bit to respect the lines and resistance or support areas.. but the longer I think about and the longer I see the same patterns day after day the more I find confidence in it... also a big Question is do I want to scalp only for 5 pips or do I want to find the bigger runs of 15 to 50 pips and will I have the guts to stay in the trade and on the other side will I find enough entry points to scalp for 5 pip and make constantly 20 trades a day--- of course it is possible because sg is already doing it--- ... you know it is all about emotion at this point and that is the hardest part for me right now to write the rules on paper and then only stick with them and not thinking about other opportunities anymore...
So conclusion for me ( at least from my point of view ) scalp uptrend pinchers fast and stay longer in the downtrend... for now waiting on EUR USD to build a higher low on 5 min and the price has to move above EMA 169 with the cross of the lines too and after that a break of 1,2250 to build a higher high too... if then all longer timeframes will change too I would scalp the uptrend pinchers longer and take fast scalps on the downtrend pinchers..
Really don`t know if you can follow me but that is what realized after messages of estimator... checked it on other pairs too and looks good... in additional if 1 hour and 4 hour is in a strong trend then one have to watch only pinches on 5 min by comparing with the trend of the MACD on the 15 min... that is something that simplegreen mentioned to me a while back... trade in the trend of the 15 min... but sometimes a quick look on 1 and 4 hour isn`t bad
Still learning so feel free to discuss with me
Hope everyone had a great day here on the board!!!
Hi estimator one thing I noticed today since you opened my eyes on the 5 min pinchers... The pinchers are as hard as the overall trend is... the stronger the trend by watching all the way back to 4 hour chart the more pips we get on the pinchers... so smaller gains for the pinchers that roll the opposite way of the overall trend and more pips for the pinchers that roll in favor of the overall trend... Hopefully I can show what I mean in the following charts of EUR USD ( I`m still not familiar with pennies EW theory but I see it on his charts too...)
But have to run for a haircut now see you all later...
Anyway now would wait that price AU run over 1,0238... for another entry of 5 pips...
ups my system is too fast for me to type *lol... was already out at 1,0237... entry was 1,0232... 5 pips...
20 EMA on 5 min touched and old resistance hold as support right now... crosses about to happen on 1 min... lets see if we get another high or just a double top.....
gerne... I will try yours too... never end up learning basement on AUD USD here.. give a shot...
Guten morgen the big bold red/green line is the 20 EMA... in an uptrend it`s green and downtrend it`s red love this system for that *lol... all in all I´m using that for all the lines... so I`m using EMA 10 and then EMA 20 and EMA 89 and EMA 169...
GREAT I played it twice since 8 am here and took 25 pips right now... waiting for the next set up now .... a) at around 1,0230 proven as new support or b) touch of 169EMA on 1 min chart... will see there...
Cool and wow it took till 3am my time before it run... but I have to say I love this 20 EMA it run hard after 20 EMA was broken at 5 min and 15 min and 1 hour
Okay everyone I`m over my time 2:30am bedtime now... Have a great evening all and a Good Night
Thank you all for your warm welcome!!!! I appreciate it very much.
Take good care!!
Over and out...
Dog
Definitely
For sure... but I realized that I`m not a long time holder.. it`s better for my nerves to stay in a trade not longer than 30 min.. I stick to sg to scalp most of time and that is how I set up my trading plan right now.. define a trend on the longer minute charts and scalp only in the way of the trend and get my set ups from the other direction of the overall trend... still have to write it down and then stick to it
Sometimes I wish I would be like Data in Star Trek *lol---
Patience *lol... it is so true... 15 min run up to 20 EMA again and failed again... see if support will hold ... what a game *lol..
I hear you pennies definitely the hardest part to stick with them... it was hard to understand the chart... it is hard to right thr rules down... and it is very hard to watch a 15 min candle that pushes up to the 20 EMA candle green and EMA line green but the cnadle isn`t finished yet and bang down it goes again but still 2min left to close this candle *lol patience, brrrr my hardest fight...
Yes saw his posts too but decided first to stay with simplegreen method because I already traded stocks with those indicators... I have to say I changed my system completely cause of his posts and then I took a look at your posts and try to find out how it works... I alreday marked gitonwihit too... have to go step by step because I fear with too much information at the same time I will never go in a trade again *lol just kidding.. Plan is to find one system that works for me first... this system has to be simple small and smart... think I found it and now next step is to get deeper into the EW theory...I appreciate all your help very much
compared it to mine and I have the same line wohoooo cool... just learning in detail to see the bigger picture... I`m more the man who takes profits fast... can`t stay in a trade more than 15 to 30 min... but had to realize that it`s a must to watch the bigger picture...
Good evening pennies wow thank you for your reply and explanations... I had to print your message cause for me it`s too late or better early to undertsand it in details... have to go over it tomorrow right now the price is moving up ... I truly have my problems with EW theory to understand it in detail but have it on my list to learn it in the near future... I printed a lot of your posts and kept them on paper to go over them step by step... there is still a lot to learn for me ...
Oh, thank you whatever07 it really helps me to post my thoughts because I can check my them back and what I have learnt from the board is to discuss them if they are right or wrong is much better than sitting here in front of the desk and only talk to myself still learning here...
Good evening simplegreen ... ahh that news thing I still have to learn... Have still to check out where to get best News flow... really not the favorite part of trading for me but I realized that it is important to watch... like I said patience isn`t my first name *lol but really worked hard on it and still working hard on it... it is good to post my thoughts here so I have to type instead to press the broker button *lol... for now I have only my charts open and my broker account is shut down... and of course I need a night nap real soon...
You are right... could go up, but one thing I learnt the past days is realy to wait for price to cross over 20 EMA on 5 min and 15 min to have a longer run for some pips to make... as long as it doesn`t break 20 EMA on 15 min it is a resistance there and after that the next one at 89 EMA and then 169 EMA.... I checked that back over a long time period and it is always the same pattern I saw... therefor I decided for myself and by setting up my trading plan that one rule is to wait for that 20 EMA.. but I too have to say patience isn`t my first name *lol...