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No Indicator Mumbo Jumbo


OK HERE IS MY TRADE FOR TODAY
08:35:04 BUY_LIMIT 1184.50
10:06:43 SELL_LIMIT 1188.50
1189 and 1186 are strong magnets
gm AK1;

When you short the golden candle, are you looking to be
short long..
Originally posted by redsixspeed

gm AK1;

When you short the golden candle, are you looking to be
short long..



Click image for original size
AK's Golden Candle Chart
Can you give some more details on what makes a Golden Candle? That chart isn't very clear and I'm sure you have some rules that you follow?
I think AK1 said to always short the golden candle. I tried to
find the post but I didn't find it.
Friends 1st thing is that it is going to be a choppy open today. So do what ever yoU want as long as you target the RTH Open.
Golden candle rule:
On a 5 minute chart look for a candle that is atleast 1 tick away from the 1st 5 min. candle's open/close(9:30EST).
Another thing place a line at the high and low formed after 7:30 est. Watch how the price dances around it.
1202 to 1207 long
HOPE EVERYONE MADE MONEY IN THIS CHOP
HERE IS THE GOLDEN CANDLE TO GO SHORT

Click image for original size
AK's Golden Candle Short
http://www.mypivots.com/Board/Topic/4072/21/candle-pattern

4th post in this link gives a further explanation