Crabel Price Patterns


  • 0
  • kill
  • 9-May-2008 at 8:27 AM
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  • Posts: 7
Hello

I use this great site since some weeks, really great!

But I have a question about "Crabel Price Patterns" like for example today in the nasdaq mini there are 6 fields "TRUE". How do you use these patterns for your trading???

Sincerely

Kill
Doing 20 trades per day in the same future is way too much for two reasons: (1) the commissions add up really fast and (2) each trade does not have enough time to develop.
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  • redsixspeed
  • 9-Jun-2008 at 7:40 AM
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  • Posts: 1,711
day trading: I agree with you 20 trades per day same future is over the top. I watched Dan Gramza of the CME teach this system. What I learned in watching him was the fact he had another trader helping him watch the markets and make the trades.
How many trades per day was Dan Gramza doing?
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  • redsixspeed
  • 9-Jun-2008 at 10:47 AM
  • Rep: 4,111
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Dans session was 9:30am--11am trading nq & es 5 to 20 contracts. He made aprox. five trades in both markets.
If he would continued to the close that would be alot of trades.
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  • redsixspeed
  • 9-Jun-2008 at 1:23 PM
  • Rep: 4,111
  • Posts: 1,711
The above were round turn
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