DislikedHey Edge,
Good Post
Couldn't help but think- Occam's Razor
http://en.wikipedia.org/wiki/Occam%27s_razor
RegardsIgnored
Regards.
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DislikedHey Edge,
Good Post
Couldn't help but think- Occam's Razor
http://en.wikipedia.org/wiki/Occam%27s_razor
RegardsIgnored
DislikedOne thing I noticed was that when I dropped my TP from 5 to 3 pips, my success rate went mych higher. Now, is asking us to take 5 pips an exercise to learn to take better trades, and then taking 3 pips should be that much easier??
I"m still trading the C4 method, BTW.
As I have gotten great results when trading the USD/CHF, I"m wondering why it isn't considered a C4 pair?? Is it because it's a mirror of the price action of the others, rather than a copy??
As this method is said to be 75% mental, 25% mechanical, shouldn't at least half of the thread...Ignored
DislikedUC has a higher spread. That can be an issue so it is not on the list.
The thread is dedicated to trading a simplistic scalping methodology as opposed to the mental philosophy of trading the plan. Yes, that would be a good thread by itself. This thread is already approaching 500 pages and that is just trying to trade a base trading plan. Would turn into a replica of the U.S. Tax Code if we get to much into philosophies in addition.
Regards.Ignored
DislikedDavid, please put all four Nitro pairs up and mark the same block on the others as you did on GY. What was the OVERALL market telling a trader at that time. GY is not a leader, it simply moves quickly. Has 2x the volatility of other pairs.
Show a big picture when you get a chance.
Regards.Ignored
DislikedI took the trade @14:31 .On the 3 other pairs the price was bellow the HMA .In all 3 the price was bellow the opening of the current brick
(black renko brick) .In 2 out of 3 the HMA was red .
CY was very slow (brick from 13:49).
If you look at the 2 bottom charts AY ,EY you see that the current brick was the end of the retracement while the GY continued to correct ...
So the rule for me should be:Don't enter long in one pair if the other 3 are not in agreement ?...Ignored
DislikedHere you go... you can sell it on Ebay
That's the only indicator I use now.
In the settings you can adapt him to fit the settings in Post #1.
- It's showing the Trix, MA and Momentum as bomb
- Arrows at each trix cross (same as scalper signals) including alert.
- Buy, Sell and Wait indicator for those who need a signal service
It's a stand alone indicator... no other needed for him to work.
Pure nitro/c4 signals with no filter, no MTF... the rest is PA and your work!
A little bit like an EA without the trading.
Edge, if you want me to...Ignored
DislikedThanks very much for all your indicators. If possible can you make the box transparent again (see ver 9)?Ignored
DislikedAnd I will oblige.
Nice give and take going on between yourself, Frank, FXStar and Glen. Several good points for each in your postings.
The 75% mental is indeed directly connected to the discretionary aspect of trading this methodology. I am aware everyone would love to have the 25/75 reversed, but that just not they way I think trading occurs.
So, let me address as many items as I can here by you four in general.
1. Demo Trading - I am not built to just throw something out there and say "Here, go trade this and enjoy your life". I deliberately...Ignored
DislikedPlace it in the top left corner of your chart. Should solve the problem.Ignored
DislikedPlace it in the top left corner of your chart. Should solve the problem.Ignored
DislikedHere you go... you can sell it on Ebay
That's the only indicator I use now.
In the settings you can adapt him to fit the settings in Post #1.
- It's showing the Trix, MA and Momentum as bomb
- Arrows at each trix cross (same as scalper signals) including alert.
- Buy, Sell and Wait indicator for those who need a signal service
It's a stand alone indicator... no other needed for him to work.
Pure nitro/c4 signals with no filter, no MTF... the rest is PA and your work!
A little bit like an EA without the trading.
Edge, if you want me to...Ignored