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MADdash (Moving Average Distance)

  • #2,581
  • Feb 28, 2019 3:39am Feb 28, 2019 3:39am
Quoting 919gilead
Some more trades {image} {image}
Do you have your trading rules written somewhere here? Your results are amazing!
  • #2,582
  • Feb 28, 2019 4:00am Feb 28, 2019 4:00am
Quoting hashzar
{quote} Do you have your trading rules written somewhere here? Your results are amazing!
Hi Hashzar,

My simple rules here and see this typical example of a live trade walk through from post 2398 to 2402. See this example too.

Shalom
Low Risk Low Stress High Reward High Probability Trades
  • #2,583
  • Feb 28, 2019 5:25am Feb 28, 2019 5:25am
Quoting 919gilead
{quote} Hi Hashzar, My simple rules here and see this typical example of a live trade walk through from post 2398 to 2402. See this example too. Shalom
Thank you so much . Can the system be traded on M15 Time Frame as well? And what needs to be adjusted on the chart? What time frame to look at Madash to see price move up or down the ladder? And any other advice..

Thanks again.

HZ
  • #2,584
  • Feb 28, 2019 10:39pm Feb 28, 2019 10:39pm
Quoting hashzar
{quote} Thank you so much . Can the system be traded on M15 Time Frame as well? And what needs to be adjusted on the chart? What time frame to look at Madash to see price move up or down the ladder? And any other advice.. Thanks again. HZ
Yes it can but I don't trade off the M15 TF. You should try it and the same MADdash settings should suffice - I will use M1 to H1.
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  • #2,585
  • Feb 28, 2019 10:41pm Feb 28, 2019 10:41pm
Good morning and welcome to March 1. Let's trade
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  • #2,586
  • Feb 28, 2019 11:54pm Feb 28, 2019 11:54pm
Update
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Low Risk Low Stress High Reward High Probability Trades
  • #2,587
  • Mar 1, 2019 2:37am Mar 1, 2019 2:37am
Quoting 919gilead
Update {image}
That last trade looks like a runner. What made you decide to stay in the trade, when price had previously closed below the channel?
  • #2,588
  • Mar 1, 2019 8:40am Mar 1, 2019 8:40am
Quoting ChicagoRob
{quote} That last trade looks like a runner. What made you decide to stay in the trade, when price had previously closed below the channel?
Yes it was a runner and I was just lucky and blessed that it was not closed. I use a custom built EA to manage my trades to remove all emotions, and should have been closed.
Low Risk Low Stress High Reward High Probability Trades
  • #2,589
  • Mar 1, 2019 8:47am Mar 1, 2019 8:47am
What an awesome start to the New Month
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Have a nice weekend all as I go to take my deserved rest for the weekend.

Shalom
Low Risk Low Stress High Reward High Probability Trades
  • #2,590
  • Mar 1, 2019 9:30am Mar 1, 2019 9:30am
Quoting 919gilead
What an awesome start to the New Month. Have a nice weekend all as I go to take my deserved rest for the weekend. Shalom
That's some intensive trading. Take no prisoners. You deserve a break. Kick back and enjoy the weekend.
  • #2,591
  • Mar 1, 2019 9:38am Mar 1, 2019 9:38am
Quoting ChicagoRob
{quote} That's some intensive trading. Take no prisoners. You deserve a break. Kick back and enjoy the weekend.
Thanks Rob. This is not manual and it is taking the hunter in his own trap and still testing
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  • #2,592
  • Mar 4, 2019 4:37am Mar 4, 2019 4:37am
Good morning
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  • #2,593
  • Mar 4, 2019 4:42am Mar 4, 2019 4:42am
Quoting 919gilead
Good morning
Standard lots? Go big or go home.
  • #2,594
  • Mar 4, 2019 5:52am Mar 4, 2019 5:52am
Quoting ChicagoRob
{quote} Standard lots? Go big or go home.
Slow and steady wins the race, and I want to be here to trade another day
Low Risk Low Stress High Reward High Probability Trades
  • #2,595
  • Mar 5, 2019 9:01am Mar 5, 2019 9:01am
Quoting ChicagoRob
{quote} Standard lots? Go big or go home.
This is why you still keep your lots low so you're still available to trade another day. All red today taking back the profit of yesterday but I'm grateful
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Shalom
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  • #2,596
  • Mar 5, 2019 8:56pm Mar 5, 2019 8:56pm
On the road to recovery of yesterday's loss
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  • #2,597
  • Mar 11, 2019 2:15pm Mar 11, 2019 2:15pm
Copied
Most Stanford students fail this challenge. Here's what we can learn from their mistakes.
You’re a student in a Stanford class on entrepreneurship.
Your professor walks into the room, breaks the class into different teams, and gives each team five dollars in funding. Your goal is to make as much money as possible within two hours and then give a three-minute presentation to the class about what you achieved.
If you’re a student in the class, what would you do?
Typical answers range from using the five dollars to buy start-up materials for a makeshift car wash or lemonade stand, to buying a lottery ticket or putting the five dollars on red at the roulette table.
But the teams that follow these typical paths tend to bring up the rear in the class.
The teams that make the most money don’t use the five dollars at all. They realize the five dollars is a distracting, and essentially worthless resource. So they ignore it. Instead, they go back to first principles and start from scratch. They reframe the problem more broadly as “What can we do to make money if we start with absolutely nothing?” One particularly successful team ended up making reservations at popular local restaurants and then selling the reservation times to those who wanted to skip the wait. These students generated an impressive few hundred dollars in just two hours.
But the team that made the most money approached the problem differently. They realized that both the $5 funding and the 2-hour period weren’t the most valuable assets at their disposal. Rather, the most valuable resource was the three-minute presentation time they had in front of a captivated Stanford class. They sold their three-minute slot to a company interested in recruiting Stanford students and walked away with $650.
The five-dollar challenge illustrates the difference between tactics and strategy. Although the terms are often used interchangeably, they refer to different concepts. A strategy is a plan for achieving an objective. Tactics, in contrast, are the actions you undertake to implement the strategy.
The Stanford students who bombed the $5 challenge fixated on a tactic — how to use the five dollars — and lost sight of the strategy. If we focus too closely on the tactic, we become dependent on it. “Tactics without strategy,” as Sun Tzu wrote in the Art of War, “are the noise before defeat.”
Just because a $5 bill is sitting in front of you doesn’t mean it’s the right tool for the job. Tools, as Neil Gaiman reminds us, “can be the subtlest of traps.” When we’re blinded by tools, we stop seeing other possibilities in the peripheries. It’s only when you zoom out and determine the broader strategy that you can walk away from a flawed tactic.

What is the $5 tactic in your own life? How can you ignore it and find the 2-hour window? Or even better, how do you find the most valuable three minutes in your arsenal?

Once you move from the “what” to the “why”—once you frame the problem broadly in terms of what you’re trying to do instead of your favored solution — you’ll discover other possibilities lurking in plain sight.
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  • #2,598
  • Mar 13, 2019 12:18am Mar 13, 2019 12:18am
Is there anyway you would share your indicators and template that you currently use or a post that you did so previously?
I would be most grateful.
I love the work you are doing here.
  • #2,599
  • Mar 13, 2019 2:03am Mar 13, 2019 2:03am
Quoting ChoppyDaKing
Is there anyway you would share your indicators and template that you currently use or a post that you did so previously? I would be most grateful. I love the work you are doing here.
Please to read the thread and you will find what you are looking for. Same thing was asked for less than 3 weeks ago here.
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  • #2,600
  • Mar 13, 2019 2:06am Mar 13, 2019 2:06am
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