Welcome to this new thread, where we can share trading ideas and our thoughts on the Taylor Trading Technique.
Anyone with questions on TTT, this is the place.
JA
jands
Rep: 0
Posts: 80
quote:
Originally posted by OD2
"The market will go wherever it is going to go."
No kidding, and 1265.25 isn't where it's going.
Okay, I'll bite, what number is it going to go to?
DD
ddaytrader
Rep: 0
Posts: 44
quote:
Originally posted by jands
quote:
Originally posted by OD2
"The market will go wherever it is going to go."
No kidding, and 1265.25 isn't where it's going.
Okay, I'll bite, what number is it going to go to?
lol - I was wondering the same thing, unless our friend is implying that the market is going straight to zero without a bounce.
I have no idea where it is going myself, though should price action trigger a long trade, then, based upon structural and fibonacci support/resistance, as well as TTT, 1262.50-1265.25 is a higher than random probability minimum target zone.
GI
gio5959
Rep: 200
Posts: 444
quote:
Originally posted by jands
Hey Rich,
Ya taking a trade off the lows just made?
jim
i dont know about rich but i could show you where i go long per this post to you yest
[/quote]
Good point and a true statement. Hopefully there is a place that we can all find to enter.
We'll wait and see = )
[/quote]
well, for starters, we are at the 8/4/08 60min es dp now - lets see if that holds
if not, then below is the 7/29 60min es dp - and, thats a possbile rich's ttt number
good luck
g
RI
Richbois
Rep: 150
Posts: 590
quote:
Originally posted by jands
Hey Rich,
Ya taking a trade off the lows just made?
It's tuff living on west coast these news are very early for me, so I missed the departure of this train. But will be jumping on it at the next station.
DD
ddaytrader
Rep: 0
Posts: 44
quote:
Originally posted by jands
Hey Rich,
Ya taking a trade off the lows just made?
Long 1222 here, stop on 1/2 is 1220 and stop on 1/2 is now 1224 - so worst case is basically a breakeven trade with a small controlled risk versus potential reward.
GI
gio5959
Rep: 200
Posts: 444
awesome trade ddaytrader
ive scaled out and holding 2 for the ride to 65
g
ive scaled out and holding 2 for the ride to 65
g
JA
jands
Rep: 0
Posts: 80
How do you view attachments?
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