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Replies to #59 on Magic Box Watch
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07/23/06 11:08 PM

#60 RE: fb186 #59

I have followed, but have not traded much based on the theories. I am not a subscriber to his and flota's service.

I'm not asking you to post your trades. I am just sugesting that you could post theoretical entries and theoretical exits based on what you see on the charts you post and I will help you track them.

For instance, you post that the red candle three days ago happens... my understanding is that you are scanning for those, waiting for the "Magic Box" pattern to confirm a good entry. Follow up with a post that the "Magic Box" is "confirmed" and I will teach you how to track the trade on paper... The entry would be the price at the open the following day.

The exit? This I have not learned from reading Ken's thread. Perhaps you have?