Here is a new topic.


Al Kamego

overlooked the most obvious:

since no one else showed a trade based on jim's comment on bonds on wednesday late, i will show mine... same criteria as always.. clear geometry, tight stop, minimum 5/1 intial risk.with TLT at key level based on 4 years plus price action, time to dial down and see if price action in relation to the geometry will give a predefined setup,...after closing at line important on short term geometry on wed night, price opened on gap setting up possibility of 886 algo.. first pullback was to line but not algo... subsequent abcd pullback set up retest that gave algo, tight enough stop, and required risk reward...

Management area for the Pound.

thanks roofer

Originally posted by roofer

since no one else showed a trade based on jim's comment on bonds on wednesday late, i will show mine... same criteria as always.. clear geometry, tight stop, minimum 5/1 intial risk.with TLT at key level based on 4 years plus price action, time to dial down and see if price action in relation to the geometry will give a predefined setup,...after closing at line important on short term geometry on wed night, price opened on gap setting up possibility of 886 algo.. first pullback was to line but not algo... subsequent abcd pullback set up retest that gave algo, tight enough stop, and required risk reward...

if TLT can not get above red line, there may be another leg down... will watch with interest

Originally posted by roofer

since no one else showed a trade based on jim's comment on bonds on wednesday late, i will show mine... same criteria as always.. clear geometry, tight stop, minimum 5/1 intial risk.with TLT at key level based on 4 years plus price action, time to dial down and see if price action in relation to the geometry will give a predefined setup,...after closing at line important on short term geometry on wed night, price opened on gap setting up possibility of 886 algo.. first pullback was to line but not algo... subsequent abcd pullback set up retest that gave algo, tight enough stop, and required risk reward...

Click image for original size

roofer,

Thank you for sharing.

Al Kamego

ABCD or continuation of W3?

and so it goes..textbook

Nice charts, crew.

ES 3.50 point range for well over two hours. Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz.

Alright, I'll finish with a little visual. Make sure you look at all the posts and the timestamps. Look on a 1-min. This chart is just a guide for what I was saying. Look at it all. They do this all the time, but especially on a Friday when it sets up like this and is dead at the times of day this was.





Chart created on QCharts, courtesy eSignal