The Essentials of Trading: Emotions, Risk Mgt, Price.
Profitunity (Chaos) Trading System by Bill Williams 1,632 replies
Trading Chaos? 27 replies
Platforms w/ 'Chaos Awesome Oscillator'? 7 replies
Chaos TP Switching (in opened position) 10 replies
Looking For Chaos Fratal Indicator 2 replies
Dislikedgreen line is where I am at ... we'll see.
well, how many pairs do you trade? I think I'd need to know. If you trade 10 - 15 pairs, everything is fine with that number of trades If you trade only one or two pairs, I think you're entering and exiting way too often ...Ignored
Dislikedyep.. it's lower than the green line. see chart.
arcus, have you started trading your real account again?Ignored
Dislikedyes I know there is no future offset. I trade with CMC Marktes. But it works pretty good like this too ...
how successful are you on such a small timeframe? I had to take much more losses than winners when doing it (I traded Indixes though).. for it's a trentfollowing system, intraday might be too choppy?!Ignored
Dislikedbtw .. I'd be cautious with that short on the 30 minutes you want to open. there's a good divergence on price/indicator... momentum doesn't precede lower prices anymore.
I dunno if it has a high significance on a small time frame like that .. but you know ...Ignored
DislikedYou long on EU rite? I think it's in correction and perhaps green line exit is only use when it is trending, perhaps you could plays safe in correction phase cause you might end up in losses. Just MHO :-)
Happy Trading!
cheers,
arcusIgnored
DislikedHere is something that may interest some of you re the 1st and 2nd Wise Men that were introduced in Trading Chaos, 2nd Edition. They may be more useful as filters than entry signals. One of my trading strategies for the M5 time frame is to nest a buy order above the VFH when the AO bar is green, and to nest a sell order below the VFL when the AO bar is red... whether or not the AO bar is positive or negative. Could more pips be captured if I required any entry signals generated by the 1st or 2nd Wise Men to have been hit before nesting a 3rd Wise Man order? In other words, would a signal failure by the 1st or 2nd Wise Men keep me out of more loss or low profit trades? I started looking at this because I am reluctant to enter a trade on the wrong side of the Alligator... most of us old-time Profitunity disciples likely are having trouble with that!Ignored