Also wasn't enough room just 10 pips to HH
Close Price VS Median Price (or other price types) 33 replies
House price data price action 1 reply
Why closing price is not the same as opening price? 1 reply
Dislikedno Arnold thats not where you went wrong.. you went worng way before that in by not doing the first two steps.. reco 1.. reco 2.. if reco one is not there.. you don't even move to reco 2.. if reco two is not there you don't even have a play..
reco 1 is to see if the PA band is N or S or SM..
in the GU case it was S and still is... so your reco 2 is, to fit the appropriate play and look for SMBT or SBT setup..
now look at your entry... was it even developed to a SMBT play?.. did PA ever cross and return back to beyond Mid band?..
that's where...Ignored
DislikedI had reco'd the play and saw it was striking so decided SBT, because the definition posted was "(SBT) Momentum trade taken from the Upper or lower TMA line in the direction of the trend"
It had hit the upper line, so I took it.
I guess the definition was wrong?Ignored
DislikedI had reco'd the play and saw it was striking so decided SBT, because the definition posted was "(SBT) Momentum trade taken from the Upper or lower TMA line in the direction of the trend"
It had hit the upper line, so I took it.
I guess the definition was wrong?Ignored
DislikedI believe I answered my own post. Please correct me. The trade was 1st considered Neutral, RF confirmation not required. As a Neutral trade it should only be taken off the upper or lower bands....... Correct? KH.Ignored
DislikedI am attempting to absorb the knowledge that is available in this room and look forward to becoming a more successful trader. I entered the trade attached with a closed candle of the retracement indicator. the mid line was yellow to red. Must the mid line color, in this case , be blue to confirm a valid trade? I believed the overall trend to be up and this a retest... Valid or not...... Thanks for the help. KimHIgnored
DislikedP.Dean you had no idea but you had me rolling laughing anyway. Kherzfeldt "Kim" at 6'5" 300lbs would be a butt ugly girl, is actually a guy.Ignored
DislikedGBPUSD - Out for +10 pips on hesitation at upper band, seems like I was lucky and the news didn't adversely affect anything
not sure what is wrong with me today, I just can't seem to see things clearlyIgnored
Dislikedhave just finished reading the whole thread.
indis loaded and set. i guess i have a good understanding of the system so i will be joining you guys next monday, tuesday at the most.
i am positively impressed with the simplicity and (taken the sample i've seen) the good results it seems to give. Congrats PD.
i expect to contribute actively. will give it a go on demo and, if it seems good, will start trading mini in a couple of weeks.
there is some room to change (improve?) in my view (speacially when one has jumped in a scalp that turned into...Ignored