I'm going to take a stab at this and say the difference in the lines on the image, vs the lines on anyones chart is that everyone is their own Picasso. Lines on a chart are simply art work. Subjective to the eye of the beholder. They are a filter ...

Finally someone speaks some sense

Nice post and nice charts. You have provided some good insights

Many thanks

I agree with you here concerning trading breakouts. You essentially end up with as many winning trades as you do losing trades if you only take breakout trades. The way I look at trading is pretty simple. I look to enter a trade when the short term ...

Hi TradeINc, I'm glad that my posts have been helpful to you. One thing that I try to make very clear to folks is that trading is a very personal thing and you have to in the end find your own way. Essentially you find the things you like about ...

OK I am going to make a separate post for each of your questions. Just to keep things a little organized. And before I continue, I want you to understand that if I stress a point it's not me trying to talk down to you or anyone for that matter it's ...

Hi TraderInc, I am going to get to your other questions here in the next post to hopefully give you some ideas to work with. But first I want to address a dangerous path that many many many new traders go down, and that is trying to catch every big ...

Right on brother that's just the way it goes. As they say it is better to wish you were in a good trade than to wish you were out of a bad one With the US being in turmoil with budgets and such the markets are a little less convincing. So in ...

In an effort to help some of the newer folks I will try to hopefully add some ideas that will spark some things in your mind. Many new traders make a mistake of adding too much on their charts and getting confused when trying to decide which way the ...

Hi Nexas, I have read your other thread and I am very happy to see a group of traders come together and share their ideas about a common charting method. I don't post much on FF anymore because of a lot of the arguing that goes on. It's just not my ...

Essentially what I understand the question to be is "does anyone use the ADR to determine if the moves on a higher TF are exhausted in order to identify a counter trend entry trigger" The answer is yes. The better question is who and how to they use ...

Exactly! lol

A trend exists on any time frame you choose. Just choose the one that suites your goals, method and personality and keep it simple.

This is good information. One of the strategies that I have seen employed successfully is taking a portion of your profits off the table at t set point and moving your stop to BE making the rest a free trade with a trailing stop. While this may work ...

That was funny lol

I think what zznbrm is getting at is even statements like you just made are still a bit too general. You need to better quantify the statement of 20/80 trending/ranging. A range can be 2000 pips or it can be 10 pips. technically if you pull up ...

Hey Supertrader, I see you haven't updated your journal recently. Just curious to see how you are making out on your journey and if you wouldn't mind posting a chart or 2 so show folks what it is you are looking at I am sure they would appreciate it ...

Brilliant post for any new trader out of the gate! Words to trade by for certain. The only thing I would add is that if you are having trouble developing your own system, find a mentor to teach you a method so that you can maybe take it and make it ...

When you enter the market you assume the risk. The only thing you can control is how much you are willing to lose. If a trade moves in your direction you can control when to exit choosing to not let it turn into a loss. Those who employ a Risk ...