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- raytracy replied Nov 28, 2007
Ohhh....I think you found my missing part. OK, this is a validation rule which I didn't really watch. By the way, there are still many examples in PDF(or posted chart) did not validate by this rule, but still recognized as good trade. I am not sure ...
- raytracy replied Nov 28, 2007
Julia, I have got your same request from Email, but did not understand what you need and don't know how to help you. Would you please describe what is "pattern of the diagram" ? Do you have sample picture?
- raytracy replied Nov 28, 2007
Thank you for you help me! According to the MACD red/green line, I cannot see the consistence about cross over the zero line/marker in the direction of the trade in many examples. In fact, the red/green line alway cross zero later after the ...
- raytracy replied Nov 28, 2007
Really? it seems my fault because I looked at 4H uptrend channel and this channel has not broken yet. So I made a long bias...
- raytracy replied Nov 28, 2007
May I discuss more about these two? 1. red lag had not moved a inch How long moves is enough? Look back the GJ long setup, red lag lay in bottom less then 5 bars then long signal comes, we said this is a valid setup. But GU red lag has lay down 10 ...
- raytracy replied Nov 28, 2007
Thanks for your explain. Yes, that's way I said my feeling ask me to long, this is match. Yes, I saw all of you said. There are still many indi. for long. But the EMA/BB center direction still bother me. Since I saw some of examples in past posts, ...
- raytracy replied Nov 28, 2007
This is another chart from GBPUSD. Very similar setup as GBPJPY in above except the EMA has more larger angel. If we play same LONG as GJ in above, this long will failed in here. So, why GJ long was good, and this one failed so quickly? I may found ...
- raytracy replied Nov 28, 2007
Yes, my feeling also ask me to go long, but the chart said difference..... Some indicators violate our LONG rules (at blue vertical line): 1. 60EMA below 200EMA (short bias) 2. BB center point to down (short bias) 3. 60EMA point to down (short bias) ...
- raytracy replied Nov 28, 2007
I think that because both weekly pivot and channel bottom are overlaped around .0600 as support. Beside we has no fundamental data to support this dive, so 0600 support looks reasonable. But I will wait for my indicator to align to prevent some ...
- raytracy replied Nov 28, 2007
Thank you so much since your example will improve my trade skill. Thanks in advance!
- raytracy replied Nov 28, 2007
This count has confused me. Since I have try to paper trade from Monday, I cannot count so many times(5~6) per day if I try to align all of the item. The best count has only 1~2/day even less. Would you please mark all the trades in a whole day for ...
- raytracy replied Nov 27, 2007
Thanks for you reply. Let me make a summary: according to previous post, we should take care of: 1. Position and angle of the Ema's 2. Lag position 3. MACD crossover 4. Stoch Histo 5. price action prior to taking this trade 6. bollinger band ...
- raytracy replied Nov 27, 2007
Would anyone please teach me why this short setup has failed? MACD/Stoch negative, Lag1 cross down 0.45, BB center down, 60EMA down and just cross down 200EMA, price below D.P. and W.P. Everything made me short at pink vertical line, but then 30 ...
- raytracy replied Nov 27, 2007
OK, this chart play with channel/tunnel and S/R level. You sell at R, buy at S level. My question is 1. how can you draw such precision S/R level? My S/R always has few to tens pips away from the bounce/breakout point. 2. how do you know which S/R ...
- raytracy replied Nov 27, 2007
Wait me a moment, I am trying to understand your chart....
- raytracy replied Nov 27, 2007
I agree with you about patient and art. I think the hardest part to me is market sentiment. I have looked higher TF as you say, but I made the swing/trending judgment too late in most time and even cannot identify correct S/R level/bounce/breakout ...
- raytracy replied Nov 27, 2007
Do you have downloaded the PDF document in hands? You may find the exit rules in page 4 and 7.
- raytracy replied Nov 27, 2007
These two judgments also bother me. What I saw as following: 1st trade, I saw 60 EMA was climbing with angel not flat. 2nd trade, I saw 60 EMA was a little UP not curving down, we may measure it by reference the horizontal dotted grid line and looks ...
- raytracy replied Nov 27, 2007
Thanks for your opinion. Ohh....I see a big mislead to me here.....When you said MACD crossover, I thought that should be "MACD histogram cross over zero line". I saw the MACD histogram was above zero line in my chart but not below ZL (in pink ...
- raytracy replied Nov 27, 2007
Here is another pair setup similar as posted in top of this page. What will you do if the Stoch turned to positive and make all indi aligned to upside? image