This entry was posted on Monday, May 7th, 2007 at 10:58 am and is filed under Live Trades. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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A new trade setup I wanted to show you. Nice sweet setup as I was describing it live. If you guys see this setup on your charts and have questions send me a screenshot and I will help you out.
My back is still not 100%- maybe 45%. I hope I will be feeling better as the week wears on. Definitely one of the pitfalls of sitting in front of a monitor all day.
By the way John nice post on comparing full-time trading and a “real” job.
Have a Great Day!
Dave Johnson
May 7th, 2007 at 11:27 am
Always nice when everything goes to script
Is this the type of set up where you need to be really fussy towards the conditions? It seems like you were looking for something very very specific, I’m guessing no compromises for this one?
May 7th, 2007 at 1:07 pm
Colin,
Yes I always look both ways multiple times before I cross the street.
In this setup an ATR somewhat close to you profit and stop is nice. As I am typing this I have seen a few setup with ATR of under 2. Not where I want to play that game.
Thanks for the comments.
May 8th, 2007 at 12:00 am
The Bliptv screen cuts of the sides and I was wondering if anyone else is experiencing this to? The older videos worked fine but the new ones on blip are cutting of critical sides of the video so it becomes hard to follow what you are doing.
May 8th, 2007 at 4:19 am
matt,
try right clicking the video as it plays, select zoom - then fullscreen.
that should center it for you. let me know if this works for you.
May 8th, 2007 at 9:47 am
That fixed the problem. Thank you Dave.
May 8th, 2007 at 9:22 pm
hi Dave, great trade, I am interested in learning more about it. Your parameters on the Keltner channels were not given. I will look for this type of setup in the future and give it a try. Thanks, Doug