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2011-09-12

Please follow the blog in its new location

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http://ninetrans.blogspot.com/
7 comments:
2011-09-09

We have moved!

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The blog has moved to  http://ninetrans.blogspot.com/ Please follow the new blog. All pages and other content will move to the new blog. ...
1 comment:
2011-09-08

Large bars could turn into spike and channel.

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The bar b49 can be read in many ways. Its possibly an entry bar below b48, which was an A2 short second entry (with b45 as first). Its poss...
5 comments:
2011-09-07

Extremely strong trends

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Soft trends and hard trends are two types of extremely strong trends. These should never be traded counter-trend. When you see a large up g...
2011-09-02

The most recent reversal determines direction of 1PB

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Everytime there is an opening reversal (OR) after a trend move (b3-b5, b6-b7), you should expect a 1PB in the direction of the latest rever...
2 comments:
2011-08-31

5tf, 9tf and 1tf

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When traders take a with-trend setup, they expect to take profits at certain discrete number of points. The most popular targets are +1, +2...
2 comments:
2011-08-30

Rationale of the first reversal

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From the chart, its clear that today's bar is a doji on the daily chart. There were swings up and down and the price closed close to th...
3 comments:

Poor 1PB setups on soft-trend days

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1PB is usually the best opportunity for a swing trade on a trend day and I normally take it even if it looks poor. A great example of a po...
3 comments:
2011-08-26

Managing risk on days with huge bars

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When bars are huge, I look to other options than the 5m chart. I have discussed volume charts and tick charts previously. In the first hour...
1 comment:
2011-08-25

A failed 1Rev can be a 1PB

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A 1Rev or OR needs to be at a place where a reversal would make sense. If not, it is likely to fail. Today, the opening 2 bar reversal prob...
5 comments: