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Old 06-04-2009, 01:26 PM
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lavaman lavaman is offline
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Join Date: Nov 2008
Location: Atlanta, GA
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Quote:
Originally Posted by pizal View Post
I also looked at this trade but wouldn't there have been a break around 10:12 am (New York) that would have gone for a loser?

My charts show a break to a low of 155.46 and then rallying up to 156.49.

I am a newbie but if I am doing the system right then a short of 155.70 would have resulted in a 50 pip loss and then invalidated the scalp line and when the market dove back down around 00:00 no trade would have been taken.
I had a low around 155.50, so I put in a sell order at 155.45. It was triggered and hit my stop for -50 all in the past hour or so while I was away from the computer. I think I was too eager to take a trade and chose to see a scalp line where there wasn't one. Patience...
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