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- neverallin replied Nov 4, 2010
You can certainly transfer trend lines between timeframes; I frequently use higher timeframe trend lines on my entry timeframe and vice versa-- helps in seeing the trend line as an area rather than as an absolute line composed of rigid single ...
- neverallin replied Nov 2, 2010
Lots of great posts in this thread! As for trading exclusively on trend lines, try look at multiple time frames; this helps eliminate the noise from trend lines and helps you see more accurately the stronger trend lines to base your trades on. While ...
- neverallin replied Nov 1, 2010
Personally, I use a Risk:1 Reward:3+ goal by setting a fixed target for one position and a trailing target for the second position. I make sure I take some pips home but I let it run for the larger winners. In reality, some days the achieved R:R is ...
- neverallin replied Oct 29, 2010
after getting my intial stoploss to breakeven, I use a modified ATR to trail my trade out. I take half out at my profit target and trail the second half. I adjust the ATR as necessary according to the market structure as well-- for instance, loose ...
- neverallin replied Oct 28, 2010
Here's what I do, and it works for me: Low leverage-- Stoplosses must account for leverage and how much you want to risk-- if you're overleveraged you can go through a string of losers and blow out your account. Tight Stops-- if the trade goes ...
- neverallin replied Oct 28, 2010
I agree that trading is not an exact science-- it is an art. I have taken a purely calculated approach-- tried out "trading systems" and watched peers trade blindly by cold, calculated systems and blow out accounts. I've read and studied technical ...
- neverallin replied Oct 28, 2010
While Head and Shoulders are great patterns and show up everywhere, there are a ton of other patterns that show up on every timeframe as well. I trade patterns including the H&S regularly on intraday charts. The important concept, more than just ...
- neverallin replied Oct 28, 2010
10 years and no profits sounds like a psychological issue and a question you must ask yourself-- Am I trading to truly make money consistently or to pump myself up with the rush of gambling? If you're in to gamble, then you're here to satisfy an ...
- neverallin replied Oct 25, 2010
TA is based on psychology if multiple groups of traders are looking at the same TA, then you have multiple groups of traders getting INTO the market at that point, and then that would increase your chances on the trade by extension, if you have ...
- Posts by Member Search: 'neverallin'