Gold- Sometimes you WIN, Sometimes you LOSE.
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- Jun 4, 2017 6:27pm Jun 4, 2017 6:27pm
- | Joined Feb 2009 | Status: Member | 289 Posts
Dragon the best Indicator
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Disliked{quote} EraNaim, This system is based on Bill Williams fractals concept explained in his Trading Chaos book.... as long as the losses (or costs better call them like that) are lower than the profits, then it is worth the time and risk.Ignored
Disliked{quote} From that chart it was showing swinging rather than trending up according to the dragon and the previous swing starting from 1st June. Also you did not use QQE indicator which could have helped to take a better decision.Ignored
Disliked{quote} Thanks S3ntin3l, You are right about it being a swing trade. I was not right about PA judgement. Regarding QQE, I have not known about it. I have already read the pdfs in the initial posts and been through couple of pages only believing that the whole system in in the first few posts or so. Now I have found there are also MACD for sonic and CCI for sonic, and normalized volume and so on. I thought from the initial posts and pdfs that the idea is to trade only price action with the help of MAS and nothing else. Any ways, I have a big homework...Ignored
Disliked{quote} No you are mistaken. PA alone is not enough. Read the first 50 pages and last 50 pages. At the end it all boils down to money management and keeping your sentiments frosted.Ignored
Disliked{quote} Thanks S3ntin3l I will sure do read those pages. At least 100 pages are not that many compared to 4000! RegardsIgnored
Disliked{quote} Thanks S3ntin3l, You are right about it being a swing trade. I was not right about PA judgement. Regarding QQE, I have not known about it. I have already read the pdfs in the initial posts and been through couple of pages only believing that the whole system in in the first few posts or so. Now I have found there are also MACD for sonic and CCI for sonic, and normalized volume and so on. I thought from the initial posts and pdfs that the idea is to trade only price action with the help of MAS and nothing else. Any ways, I have a big homework...Ignored
Disliked{quote} Could you please share the post where normlized volume and the indicator is discussed?? thanksIgnored
Disliked{quote} Haha you are reminding me of my students.... well, no one said it is was going to be easy At the moment am reading a couple of books one by Caroline Ayuk which is sort of similar to this approach but involves some differences namely fractals and the 8LWA and the Statistical Patterns by Vladimir Poltoratskiy. The learning curve in trading is surely humongous.Ignored