X Man
Where can I find your simple and clean ADR indicator? I don't seem to find one as uncomplicated as yours. thank you, p.
Where can I find your simple and clean ADR indicator? I don't seem to find one as uncomplicated as yours. thank you, p.
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DislikedHi everyone
another gbpusd from a newbie. What do you think? Is it according to the rules? feedback appreciated.
AttachmentIgnored
DislikedThanks guys, I appreciate the encouragement and am reading away!! Big ups to everyone.Ignored
Dislikedhi fxrobin,
i think you tried to catch a "bounce trade" below 200 ema, which is not a good newbie entry.and you are buying too far away from 10 ema...and there are some other reasons why i (newbie) not had taken this trade
...i saw you you whole day in the thread, iam sure you are also in reading mode...
best whishes and greetingsIgnored
DislikedHi Kyurem,
Hope you well and good that you posted - all here to learn together.
Firstly - have you taken any trades yet - demo or live?
Secondly - the info you have written seems correct in text form - but how you apply it in real-time situation is the key. I suggest once you start to place the trades - the 'real' questions will start to appear.
As with recent discussions and numerous times on the thread - initially stick to the basics and then develop more strategies.
Also note - look at page 1 - see how quickly Arjun describes...Ignored
DislikedHi everyone
another gbpusd from a newbie. What do you think? Is it according to the rules? feedback appreciated.
AttachmentIgnored
DislikedThanks for help leztuh but I can't get it. Maybe sth wrong with my setting. In the chart PA and 10ema have crossed 200 ema (purple line) and 800ema (white line) so it seems to me that PA closed above all ema. and there was a TDI confirmation.
Maybe I should waited for the pull back?
I am still reading but seem to get more confused. I rushed and closed the trade while it contuned north. I am not sure if it was a valid setup but I could get some pips if I had waited. (it's all psychology- some bad trades in the past week have made a bit impatient)....Ignored
DislikedLooks like you were chasing that M15 candle and did not wait for it to close.Ignored
Dislikedlast slept early and now woke up early ... it.s almost 5am my time.... waiting for my breakfast to be served. LOLIgnored
DislikedLooks like you were chasing that M15 candle and did not wait for it to close.
http://www.forexfactory.com/attachme...1&d=1353491441Ignored
DislikedAryary
You advise to not over analyse or complicate. I've often read it but what does it really mean?
Can you explain the thinking process when you trade?
Thanks
KyuremIgnored
DislikedHi Kyurem,
Your initial post was asking whether you had the theory right (text). To me the text was fine as thats the info relayed in the thread.
My suggestion was that we can read and read but the application is also important. Hence apply the method to real-time and see how its working out - if its smooth then fine - if not then re-read and talyor it to how it can be right for you.
Unless you trade realtime things can be tough when you actually go in live.
Over analysing and complicating = like i said - read page 1 - see how simple...Ignored
DislikedComparing this chart and the previous one you posted, looks like you are using the SHI channel indicators on M15, am I right?
This SHI channel indicator shows it 're-painted' after new highs were made.
http://www.forexfactory.com/attachme...1&d=1353528523
The previous chart show PA hit the SHI top channel, right?
and PA bounce back down..., right?
http://www.forexfactory.com/attachme...1&d=1353491441...Ignored
Disliked
Just work hard! (its exactly 8.59pm now in uk....im still posting, im still re-reading x-man's pdf!!!!!)Ignored
Dislikedlast slept early and now woke up early ... it.s almost 5am my time.... waiting for my breakfast to be served. LOLIgnored
DislikedHi emmanuel
Thanks a million. I followed your charts on S3 and here. I am glad you had time to give some feedback.
Yeah, I sometimes can't help chasing the price. Of course I never enter the market price. I usually prefer pending limit or stop orders.Ignored
DislikedYes emmanuel.
I am used to SHI from x-man s3. I still have them as I think they are somewhat valid point for bouncing. Although they repaint, I feel like they are temporary support and resitance. I usually look at HTF. If the SHI have the same direction and the bouncing areas are similiar, I consider them more trustworthy. So should I clean it off the chart?
Forgive my dummy questions but you mean I shouldn't have entered cuz it bounce the SHI in the first pic?Ignored