http://www.electrolegal.com Make money electronically and legally from the comfort of your home - Unlock your world Mon, 27 Apr 2009 05:54:54 +0000 http://backend.userland.com/rss092 en Here we have a nice Master Candle set up with the RSI trying to peek out, we had slight divergence earlier and the H1 had a Pinbar right on a S/R line. The M5 Cec and the Triple Stoch coming down through its gray zone really seals the deal here. ... http://www.electrolegal.com/?p=463 This was a total beauty, if you were ever going to take a breakout then this was it. We had a channel that had formed and the low was 121.00, I placed a couple of ines around this channel and this was the area to break in order to trade. ... http://www.electrolegal.com/?p=460 I will only be updating this blog once or twice per week as it is a bit time consuming and I have several projects on the go at this point. Small EUR/JPY Buy this morning I entered at the CeC on the rising 21SMA after the Triple Stoch had made it nack ... http://www.electrolegal.com/?p=457 1. Did not enter on this CeC (Candle eats Candle) but instead waited for the break of these multiple MC's (Master Candle's) on the M3 and M5. It clearly needed to break that imaginary line to go anywhere. It also was setting up a breakout and I was expecting a ... http://www.electrolegal.com/?p=451 1. Took my 1st trade this morning off of the M5 with M8 looking right also. Market was not moving much at that time and even using the M5 CeC (Candle eats Candle) to enter, my SL (Stop Loss) was only 15pips. Triple stoch had just entered its gray zone ... http://www.electrolegal.com/?p=447 1. 1st trade of the day, a little riskier than usual for me, only a 2 bar pullback and didn't quite touch the 8SMA. However it did look like a bounce off of L3 so I jumped in. Not many pips here, I moved my SL down when I saw ... http://www.electrolegal.com/?p=439 1. Obvious downtrend on the M5 and M8 bouncing off their 21SMA's the whole way. This is a very clear cut trade so I won't say much but once the triple stoch was back in its gray area and price was at a reasonable place to turn (based on the ... http://www.electrolegal.com/?p=434 OK, so I did not post any trades yesterday because I started the day with a loss and it was not even a real loss. It was a bonehead move on my part and it really got to me. I was however able to see myself being taken over by ... http://www.electrolegal.com/?p=429 1. Not the easiest read here but you clearly see lower highs on all timeframes and the T's open line being the line to break. We had recently had IB's (Inside Bar) broken to the downside on M5 and M8, this was followed by a double IB break to the downside ... http://www.electrolegal.com/?p=425 Well, interesting story here. Woke up early since I am very much enjoying 07GMT lately. I had a power outage and my monster desktop can only run on the UPS I have for about 10 minutes. So, I shut down the desktop and plug in my router to the UPS ... http://www.electrolegal.com/?p=423