thread is quiet recently ,plz post and share ur winning or loosing trades ,it will help all of us to improve in this very good system
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Dislikedthread is quiet recently ,plz post and share ur winning or loosing trades ,it will help all of us to improve in this very good systemIgnored
DislikedYes, I see it is very quiet here lately. I don't know if people are still using this sytem or not but I do agree with Bs. It is unfortunately if people don't use this system anymore. So be it. I know I'll be using it when I do have the time to trade.
Very interesting how one gets these quiet times on a thread, it happens a year or so ago (I was almost the only one posting charts) and the system is still going. A sign of a good system. Is this quiet time on the thread linked to market conditions? I think there is strong relationship if I look at...Ignored
DislikedI'm still trading with this strategy, this is my second month. Although this month I have 3 consecutive loses in a row and some several loses after that at the end I manage to recover and get a little profit. I think the key is Risk & Reward ratio and also patient. My win loss average about 50%, but I still in profit, good money management also play important role here.
I really like this system, the same with 4 hours system. Really thanks to all of you keeping both thread alive. Also to Palmer for the 415 system.
Hopefully this coppy will...Ignored
DislikedHey guys, I am also trading this system ONLY, but lately with this crazy market conditions and my trading schedule change I had to start implementing an additional M1 scalping system (Rainbow).
Since I have less time to trade I need to scalp out some profits within shorter periods of time.
But, hey, this thread isn`t dead yet, in my case, for example I can not post any of the trades as of now since I am trading a bit different system.
Just like people say: learn a system/setup by heart, own it - then study another one.
I am pretty sure you guys...Ignored
DislikedA very risky trade on a Friday afternoon but I just liked the pinbar off the 10MA and M2 pivot line. So I went for it.
Patience and discipline - where are you??????
Just ignore the evidence of first trade (CT trade) for about 40pips profit - another system.
Look at the the wegde with the false breakout - ?had 10pips in it if you've entered early enough.Ignored
DislikedHey Golfer, I saw the same two setups, the first pinbar to go long, i didn't take cause i felt i didn't retrace quite enuff for my taste, with the tail barely touching 10EMA I wasn't about to take it. The second one look good, great location, form and bearish divergence but i didn't dare either, cause i felt we were in too strong a bullish movement.
Do you ever talk about this other CT system, is there another thread or something?Ignored
DislikedSometimes the TCs appear too late - just before the market turns around. The EY showed excellent examples thereof today. Ons has to trade from the support that has changed into resistance levels. I'll take the odds on and enter on the bounce off the resistance levels.
Look at the 4 x TCs marked - almost all of them would have resulted in losses. Just look at the nice smooth last TC - looks perfect with no higher low at that stage. I took it for a loss of 15pips. The entries are the opening of the candles above the vertical lines (indicating the...Ignored
DislikedHi willem
Tks 4 your great work here.
Regarding point #1...it looks perfect .
Where did u enter ? at the opening of the red candle as it touches the
10+new res line ?
Regarding point #2 . The price has penetrated the 10 , finding res @ new res level...Aren't u concern if price crosses the 10 ?
Isn't that a warning light 4 u ? or u look where the price closed (bellow the 10)...
Tks
Have a nice w-end
DavidIgnored
DislikedSometimes the TCs appear too late - just before the market turns around. The EY showed excellent examples thereof today. Ons has to trade from the support that has changed into resistance levels. I'll take the odds on and enter on the bounce off the resistance levels.
Look at the 4 x TCs marked - almost all of them would have resulted in losses. Just look at the nice smooth last TC - looks perfect with no higher low at that stage. I took it for a loss of 15pips. The entries are the opening of the candles above the vertical lines (indicating the...Ignored
DislikedHi Golfer:
I have been on the sidelines for quite a while just learning from you guys.
Regarding your loss I could see that price was moving between 2 pivot points: First one: Daily pivot point located exactly where you drew resistance line. Second one: Weekly pivot point located exactly where you entered... acted as a support.Ignored
DislikedHere is a trade I took yesterday. It didn't work out. It definately was not a smooth pull back, too much action above the 21, and a rising triangle. There was also a very strong bullish candle a few candles before. What I did see or wanted to see was the 2 tails up to the support line. I posted what I saw when I placed the trade, so it is on the far right side. The next candle took me out for a minus 18 pips. For the most part my decision making has improved, but this was definately not one of them. I hadn't placed a trade in a few day and I guess...Ignored