MyPivots
VO
VOwater
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Posts: 4,121
GM Traders
EI
einstein
Rep: 170
Posts: 167
VO, assuming the 100% extension is your first target- what is your minimun r:r for entering a trade?
KO
koolblue
Rep: 48,651
Posts: 16,032
ahhhh.. double tall mocha! now im ready to trade! LOL
KO
koolblue
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Posts: 16,032
FOR THOSE SCALPING THE 1 MIN CHART, PROJECTION UP WAS 895.50 just achieved. now projection down would be 890.75,minimum unless 895.75 is touched again
VO
VOwater
Rep: 133
Posts: 4,121
you always want at least double, but really 2.5 - 3 is best...they wont always give you that. and I always use the 100% 1st target for my decision even though the great majority will see 127.2 or better
EI
einstein
Rep: 170
Posts: 167
Kool, now that you are recaffeinated could you tell me- do you also use 123s as entry and how do you use the 54 ema- just S/R? Thanks
KO
koolblue
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Posts: 16,032
selling one
VO
VOwater
Rep: 133
Posts: 4,121
einstein its rare that I take one where my stop is 4 or worse
EI
einstein
Rep: 170
Posts: 167
TY VO. So if you have a 2 point stop you usually dont enter unless sthe 100% is at least 4 points away?
KO
koolblue
Rep: 48,651
Posts: 16,032
short one at 892.25,stop and reverse 891.00..i hope
VO
VOwater
Rep: 133
Posts: 4,121
close under the pivot at 89.50 confirms a little DT which says we will see lows
PR
prestwickdrive
Rep: 2,057
Posts: 1,098
quote:
Originally posted by vast524

Prestwick. Are you just reading this by the Dome and the T&S chart?
Regards


The singles were from the pit session TPOs. The read on big money net position is from a BAV chart.