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Old 06-28-2009, 10:02 AM
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johnnykanoo johnnykanoo is offline
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Join Date: Jan 2007
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in your chart every single "qualifying ob" was a success. there bullish or bearish nature showed the way the market moved, the only 1 that failed was a long wick ob which i would not have traded. the only thing is an ob trade can cause serious drawdown because of the size. the safe thing to do is wait for the ob to break to enter (big drawdown) or wait if price will retrace for a better entry. Like everything it takes time and confidence to imp-lement. its hard to watcha drawdown grow unless your experience shows you that the trade will work out.

I must give james16 credit for alot of my priceaction analysis. He is a tremendous trader and his methods, IMO are the best around period.

of course if I were to give everybody credit for my style the list would be quite long, Im even stealing a little from you phil

james16
tess and co, and tony
nickb
fetor
jacko (a little)
fti
feb2865
phil838
robert borowski
im sure im missing some....
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