Dislikedhahaha, still in love with the small TF's dean.
try a little experiment. pull up a M5 chart. mark all the tms entries with a vertical line. then go to H4 and see which ones of those trades turned into big moves. remove those vertical lines that turned in to big moves and then switch back to M5, now every line on your chart could possibly represent the following:
- a waste of time
- over exposure to the market
- a loss due to whip saw
- a loss due to market spike
- a loss due to a bad signal
- a lot of spread paid to broker
- you get the idea...Ignored
- Post #10,987
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- Sep 3, 2011 6:14am Sep 3, 2011 6:14am
- | Membership Revoked | Joined May 2011 | 2,976 Posts
Gentlemen always play by the rules. If they can't, they change the rules.
- Post #10,988
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- Sep 3, 2011 6:29am Sep 3, 2011 6:29am
- | Commercial Member | Joined Aug 2011 | 2,409 Posts
X-man the legendary conqueror of markets
- Post #10,991
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- Sep 3, 2011 9:23am Sep 3, 2011 9:23am
- Joined Mar 2007 | Status: Member | 7,195 Posts
- Post #10,992
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- Sep 3, 2011 9:42am Sep 3, 2011 9:42am
- | Joined Mar 2010 | Status: out | 725 Posts
- Post #10,994
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- Edited 3:34pm Sep 3, 2011 2:15pm | Edited 3:34pm
- | Membership Revoked | Joined May 2011 | 2,976 Posts
Gentlemen always play by the rules. If they can't, they change the rules.
- Post #10,995
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- Sep 3, 2011 2:23pm Sep 3, 2011 2:23pm
- | Membership Revoked | Joined May 2011 | 2,976 Posts
Gentlemen always play by the rules. If they can't, they change the rules.
- Post #10,996
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- Sep 3, 2011 2:36pm Sep 3, 2011 2:36pm
- | Joined Jun 2009 | Status: Chartist | 134 Posts
A trader must be humble - else the market would humble him.
- Post #10,997
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- Sep 3, 2011 2:45pm Sep 3, 2011 2:45pm
- | Joined Jun 2009 | Status: Chartist | 134 Posts
A trader must be humble - else the market would humble him.
- Post #10,998
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- Sep 3, 2011 2:58pm Sep 3, 2011 2:58pm
Indicators always obey Price, not the other way.