My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- Joined Mar 2012 | Status: Trader | 12,128 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
Spoof's Trading Made Simple(r) Journal 819 replies
My GBPJPY Trading Journal - Trading from level to level 23 replies
Another Trading Journal - Yuhu's Journal 16 replies
hksweeper's Trading Journal - Reaction Trend System 20 replies
DislikedGuilty as charged and lessons learned. No more indicator trading for me. You opened my eyes I quit indicators too. Your journal is a great help for me.Ignored
Disliked{quote} Yes...they are entirely unnecessary. At the end of the day they are all lagging derivatives of price and tell us nothing that the charts are already showing.Ignored
DislikedHere is a video showing how I am trading now. It is really simple and straight forward probably the easiest trading I have done. Basically I have taken traditional support and resistance ideas and really narrowed down the levels I am trading to the most recent ones and I use those to trade from in the direction of the 4 hour trend. https://youtu.be/NZmBzF4cdAAIgnored
Disliked{quote} Very good explained. What's the name of your arrow indicator?Ignored
Disliked{quote} Thanks. Oh, that is a custom indicator I had programmed that shows me rejection candles. Basically if a candle makes a higher high than the previous candle and closes lower than its own open I will get a signal or if a candle makes a lower low than the previous candle and closes above its own open I will get a signal. I don't really use it for trade entries...just more as a confirmation that price has rejected the previous high or low.Ignored
DislikedHello TheSpoof, Always as relevant your explanations. Thank you! What EMA collisions do you use? thank you in advance Best regardsIgnored