back start next


[start] [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] [21] [22] [23] [24] [25] [26] [27] [28] [29] [30] [31] [32] [33] [34] [35] [36] [37] [38] [39] [40] [41] [42] [43] [44] [45] [46] [47] [48] [49] [50] [51] [52] [53] [54] [55] [56] [57] [58] [59] [60] [61] [62] [63] [64] [65] [66] [67] [68] [69] [70] [71] [72] [73] [74] [75] [76] [77] [78] [79] [80] [81] [82] [83] [84] [85] [86] [87] [88] [89] [90] [91] [92] [93] [94] [95] [96] [97] [98] [99] [100] [101] [102] [103] [104] [105] [106] [107] [108] [109] [110] [111] [112] [113] [114] [115] [116] [117] [118] [ 119 ] [120] [121] [122] [123]


119

Trading By The Bool< - Part VI

X}{= 6b yJ)= 66 0=1631 0=1932

H=1945 L=i912 C=i915

Figure 77 1031. Prices did correct for the Bean Oil, taking the weekly oscillator down a notch for two days and then up a notch for two more days.

Then a limit up day took the two oscillators up, but the daily oscillator was at

71%.

I started to place an order, but then thought to myself, "This market is too crazy for me - just too many gaps and limit days." The market was acting very emotionally and so I withdrew until cooler heads wouid prevail.

There were no trades available until the market corrected on 1031. At that point I started trying to buy a breakout of the high.

The next day, I moved my buy stop to just above that days high and was filled the following day with my protective stop as shown.

In two days prices started up. On the day of the large magnitude move, I moved my stop to breakeven, and then trailed it a day behind until I was stopped out as shown the day after the high.

That was my last Bean Oii trade for the year.



Trading By The Book - Part Vi

19116

10011

9997

9883

96 9526 9422

S10C5 3 1

/.h 39 J= 39 D483i 0=9986

H--9920 L=99B5 0=9911

Figure 78 1031. With the weekly Bond osciiiator still up and the daily oscillator correcting and nnaking rising bottonrts, I placed an order to buy at 99-21, protecting 99-04, and with a profit objective of 99-31. I was filled the next day with prices closing near their highs.

I moved my stop loss to 99-06, and prices moved up and closed high.

I move my stop to 9918 and was stopped out the following day at that price for a 3 point loss. I then called myself a few choice names and vowed never again to stay in a Bond trade for 3 days.

That was my last Bond trade for the year.



Trading By Tine Booic - Part VI

6379

6050

5938 5936

5874 5812

5758

(out

D--1118 0=6143 H=6i43 L=6B71 C=6e78

Figure 79 1109. Prices for the Swiss Franc drifted sideways until they formed a ledge between 6185 and 6141 as shown on the chart.

I called in my order to buy 6186 or sell 6140, with the opposite side of the fill becoming my initial stop.

I was filled shortly after the opening and prices moved down nicely, i then moved my stop to just above the high of the following day and was stopped out the day after that, at the opening.



[start] [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] [21] [22] [23] [24] [25] [26] [27] [28] [29] [30] [31] [32] [33] [34] [35] [36] [37] [38] [39] [40] [41] [42] [43] [44] [45] [46] [47] [48] [49] [50] [51] [52] [53] [54] [55] [56] [57] [58] [59] [60] [61] [62] [63] [64] [65] [66] [67] [68] [69] [70] [71] [72] [73] [74] [75] [76] [77] [78] [79] [80] [81] [82] [83] [84] [85] [86] [87] [88] [89] [90] [91] [92] [93] [94] [95] [96] [97] [98] [99] [100] [101] [102] [103] [104] [105] [106] [107] [108] [109] [110] [111] [112] [113] [114] [115] [116] [117] [118] [ 119 ] [120] [121] [122] [123]