Disliked{quote} See what you saying but also keep a watch on Mr T's friend. {image}Ignored
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Trading Rules for die-hards... 47 replies
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Disliked{quote} See what you saying but also keep a watch on Mr T's friend. {image}Ignored
Disliked{quote} Hi Billy how do you trade a 4 hour bar ? is it just trigger above and below and wait for the next 4 hour bar to move above/below ?Ignored
DislikedWith that upward pressure, I wasn't interested in hanging onto any short move this morning, even though the info was suggesting I'd get some kind of reaction. I did get that reaction - and I bagged quickly and got the hell outta' Dodge. DAX 06:00 - 08:00 (Done WZ Short) {image}Ignored
Disliked{quote} Lem, what was your entry and exit on this trade? The wick zone finalised at 7:59:59 and by 8:00:02 price had already dropped 10 points so that is one hell of an entry, way beyond my skill set. Cheers.Ignored
Disliked{quote} Hi simtrad, the way I maximise my entry is to pre-empt the move, not even waiting for the 'b' in 'bang', as it were. As I am in this case only looking for a short and my broker gave a blip long at the candle change. I entered as that blip stalled. I have a custom-built rig here that is extraordinarily fast but even then, yes, I got slight slippage. Not enough to harm the result. I ink up what the 'perfect' move was, as we are teaching the method and life's too short for continually explaining and inking up the precise to-the-number entries....Ignored
Disliked{quote} Hi simtrad, the way I maximise my entry is to pre-empt the move, not even waiting for the 'b' in 'bang', as it were. As I am in this case only looking for a short and my broker gave a blip long at the candle change. I entered as that blip stalled. I have a custom-built rig here that is extraordinarily fast but even then, yes, I got slight slippage. Not enough to harm the result. I ink up what the 'perfect' move was, as we are teaching the method and life's too short for continually explaining and inking up the precise to-the-number entries....Ignored
Disliked{quote} i used to trade Dax for a short while off the 07-55 5 minute bar . if it were red (short)etc. i didnt actually wait for the bar to close.. This early entry was only by a few seconds but was ok. This was really a fun bet as i never ever felt confident.Ignored
Disliked{quote} Simple as that. But 4h is a funny one as depends on broker time. If you want to trade 4h suggest use the last 4 60 min bars.Ignored
Disliked{quote} Hi. I trade any bar exactly the same High/Low and the exact No ,, example, not a 100.3 but 100... not a 1300.5 but 1300. i normally only ever look at the 00-00 and 04-00 4 hour bar to fix a bad trade. edit... don't forget i use UK time. Claudia posted a comment on the 4 1 hour bars to helpIgnored
Disliked{quote} Hi Billy thanks for the reply, but this has gone straight over my head lol I trade any bar exactly the same High/Low and the exact No ,, example, not a 100.3 but 100... not a 1300.5 but 1300. Edit: do you mean you round of to the nearest round number ? Also Claudia and you and lem and me are all in the uk ? or are you refering to the broker time? as mine is 2 hours in front ? sorry if im being thick was at the pub again last night, infact my sister has started calling me the Beer Monster lol. also may have found somthing that may help with...Ignored
Dislikedlunch time lol.. Cable seems to be sliding down. maybe break the 08-00 15 bar also the 08-00 4 bar and continue down to 14230 for a start.(wishful thinking).Ignored