Cable&Fiber: Intraday Setups

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sqa said:
Because of consistency and honesty. I think. It was kind of hilarious, actually.

Golden Bull knows Piper, but I'm highly certain it isn't him.
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thanks for clearing that up :eek:
 
I was kicking myself a little for not trading yesterdays Euro move... this helps me feel a little better. See ya next week folks.
 

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Doubleshort to finish the week,cause double tops are bs(loved that in an ICT vid) 8)
Happy weekend ye' all
 

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Golden Bull said:
Doubleshort to finish the week,cause double tops are bs(loved that in an ICT vid) 8)
Happy weekend ye' all
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Hmm... I think ict trades double taps... Can't remember what he calls them though. Nice trading.
 
Double Tops & Bottoms exist and have tradeable setups.

ICT camp doesn't trust the levels to hold, as they're magnets for Stops.

When you expect to get in & out quickly, then they work well, as you're trading off the Trap being set.
 
Golden Bull said:
Faulty programming. You supposed to enjoy and luv' what you do, else why bother...?
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It really doesn't matter anymore. I keep doing it every week, regardless. I enjoy winning, I won't deny that.
 
rod178 said:
thanks for clearing that up :eek:
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Thanks go to rod178 for unceremoniously ringing in the 1000th post to the thread! It was the perfect post, I couldn't have asked for anything better.

I'm considering reviving the cable&fiber setup thread with new, real, hindsight-type trades that will focus on demonstrating the visual aspect of my latest ADR strategy. It always frustrated me in the past that I couldn't convey the actual potential of the setup in a way that meant something. Now there will be a pretty clear objective and means of arriving there. I also might open the floor to something not seen very often in our parts... hindsight losses! 20/20 baby 8)
 
I took that Short trade, athough "only" for TP 63pips

Rationale was:
M15 SMT Div
Overly strong Buying, against primary trend, into moderatly good News seemed like a Fakeout
Fakeout 'confirmed' with significant M1 pinbar rejection at AR High
 
rod178 said:
I took that Short trade, athough "only" for TP 63pips

Rationale was:
M15 SMT Div
Overly strong Buying, against primary trend, into moderatly good News seemed like a Fakeout
Fakeout 'confirmed' with significant M1 pinbar rejection at AR High
Click to expand...

great trade!

I'm just trying to frame an "ideal". I wouldn't expect anyone to realistically get 81 pips out of that move. You caught 78% of the Ideal move, I think that demonstrates excellent skill.

*perfection not required
 
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