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Old 04-13-2008, 09:07 PM
mpower mpower is offline
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Quote:
Originally Posted by SIMBA View Post
Hi Frantacech,

Long time no see,hope everything is going well with you .

Thanks for your kind comments.

Regards
Simba
Simba,
Just a few notes.
1. Congrats on the great trades. Excellent analysis and excecution.
2. Thanks for continuing to be an honest and realistic trader showing "the good, the bad and the ugly of trading"
3. Very pleased with the fact that someone is finally showing real time trades and putting patterns into action.
4. Thank you for clarifying the rules of the 2B and MSH/MSL patterns. The book is not very clear, and it gives different rules in the different examples. I think now I am clear that we use CLOSE below bar 3's low(for short) as a trigger and entry below the low of the break-out bar for MSH/MSL, and we use CLOSE below previous high as a trigger and entry below the low of the break-out bar.

Most of the patterns that you have used are reversal patterns(except the triangle and the 3 hills and a mountain) Have you looked into/are you planning to introduce Trader Vic's 1-2-3 reversal pattern? IMO it is a common pattern on all timeframes and it has a high success rate. In fact similar to the 2B pattern.
Take care and keep up the great work!!!!
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