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Monthly Archives: February 2011
Something New…
We are working on a new indicator to help to quickly calculate risk:reward of trades… right on the chart! I am very excited about this new tool. Once available, I will create a video to show how it works. Stay … Continue reading
Posted in Deep thoughts
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24 February 2011 – 0942 EST GBPUSD Short
Price moved in nice swings this morning. After an initial successful short during the 0500 session, the Pound rebounded a bit before creating a double top on the 15 minute chart and then reversing back to the short side. We … Continue reading
Posted in GBPUSD Trades, Trades Missed, Winning Trades
Tagged Day Trading, Fibonacci Extensions, ninjatrader, pivot lines, profit targets
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24 February 2011 – 0551 EST GBPUSD Short
I got this short signal on the 3 minute GBPUSD chart at 0551 EST this morning. I aligned my rolling pivot line levels with the Fibonacci Retracement levels on the 15 minute chart, which was in a down trend, and … Continue reading
110214 – 0436 EST GBPUSD Short
Over the weekend I put my short term swing trading method back together. Somehow, in switching from Metastock to Ninjatrader, I lost some of my fundamentals. Now I feel I have them back and with some improvements. The trade below was … Continue reading