My comments have to do with the clarity of what you posted. You gave a price where you said a signal would occur. BUT, you also gave a condition that you did not take these signals unless a retrace occurred, and unless that retrace failed. Do you call that clear??? No, I don't expect you to divulge your secret trading information. I don't know how you resolve this for yourself. You don't want to post your trades...that's fine with me. You don't want to divulge how you would make a trade if you made it...that's fine with me too. But then don't be surprised when people are confused. When you only give signals, and then condition the signal, it's hard to say whether the signal worked or not, and not too surprisingly, some of the signals have not worked at all. That's OK too, I just would like to see clarity.
IT,
Break of 1386 will change the hourly trend to down.
What part of that did you not understand ?
Once a trend turn happens, i wait for the first retrace and failure to enter. Typically retracement failures on SPX hourly gives a stop of 5-10 points. With the current levels of volatility most trades on hourly can be managed with a 5-6 point stop.
Now what part of that did you not understand ? If you want the specific details on entry/exit i cannot divulge that, which has already been stated. If it's confusing, then i will avoid posting such stuff again. Why waste my time and other's time.
and neither of which did you post at the time. I didn't think you had sold either, at least based on what you had said
So based on that logic, i don't think you trade at all, since you never post any trades !
I done with this nonsense. Goodbye !
Edited by NAV, 11 April 2012 - 11:38 AM.