The trading journey


Saturday, November 12

Dana's ghosts

Listened to my first Dana's tick replay today. (in a HotComm room. If you don't have a subscription, you can get one week trial there)Was totally amazing. She sees ghost pretty much everywhere on cci. In two hours paper trading she made ~1.2k with 2 contracts on futures. Amazing. In the tick replay, somehow, there always there some ghosts to trade on, no waiting! Ghosts can be used for both entries and exists. If we enter short with a ghost and then we see an inverted ghost forming, it might be a confirmation. However, if it starts forming a counter-trade ghost, that might be our exit. There are pretty much no rules as to how to draw the neckline, it can be long, it can start on one side of the ZL, whatever, and they work! After the replay, I'm seeing them everywhere. a great example below. Triggers entry just before a huge up bar. Note the big shadow, probably a tick chart would have helped. But then, maybe not.

0 Comments:

Post a Comment

<< Home