you've to scale it down. I don't remember the size...you should do a search or ask merlin.
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Quoting kermutDislikedHi Phil,
Could you please comment on the charts below. There must be something that I am missing. These would be my first 2 loss trades, out of about 6.
Much appreciated,
Kermut
PS. tried to figure out how to upload charts, keeps coming up as too big a size. How do it upload my charts here, pls help!!Ignored
Quoting fumafumaDislikedHi Philip,
Thank you for your simple explanation.
My partner is interested in the angle of MA, especially turning point (=angle) of MA.
We thought that it was very important for us to investigate the angle of MA with fixed standard.
But the scale of chart at our trading platform changes whenever we login.....
(This problem was able to be solved.When I login my platform, I need to push the zoom buttons to become same scale every time)
I was glad to find your thread, which you were interested in the angle of MA, so I only wanted to ask you apprehension of chart scale.
Maybe your method also applied to USDJPY, I thought.
Ignored
Quoting fumafumaDislikedThese are my charts.Ignored
Quoting Phillip NelDislikedI am only going to explain the issue around the angle one more time. If you zoom to much in the Moving averages get distorted. You must have at least 16 hours of data displayed on your screen to see the momentum. Then you get a better picture of MA'sIgnored
Quoting the_wizardDislikedHello everyone,
Just wanted to say hello and introduce myself. My name is Tom - I was a financial journalist for the last year and a half but left two months ago to trade full time from home.
I usually take trades based on daily signals and then time my entry with the 1hr candles. But I have used 5m candles before so I was very interested in this post.
Following on from the sharp fall in Cable yesterday, I noticed this setup on the hourly charts that conforms to your system.
TomIgnored
Quoting mj_boltDislikedI'm am a trend trader as well and can't seem to get away from short-term times frames, so this methodology has also peaked my interest.
I've been experimenting with the Snake Eye Method that Akuma99 introduced a while ago which implements the 10-8 HiLo strategy on the 5 min chart. I've replace the 10 EMA with the 10 EMA High and 8 EMA Low.
Setup is close in the 10-8 HiLo channell and trigger is next close outside of the channel that is with the trend.
All other MAs and angle requirements are the same.
Here is a pic. Let me know what you think.Ignored