If you trade like me, you'll be homeless and broke within a week.
Goldilocks All Time Return:
111.1%
Software tools for LauraT's Roadmap 167 replies
Forex Brokerage Roadmap 4 replies
Best way to read all of someone's posts? 3 replies
Simple way to read chart 11 replies
DislikedA couple of questions for Laura regarding the template settings 1. why do you 14 as your ADR ratio? Is this figure better than anything else you have tested? 2. why do you use European time as your daily open instead of GMT time? ThanksIgnored
Disliked{image} It took a bit of patience to sit on my hands but Dow finally delivered. Exited just below Yesterday's Low.Ignored
DislikedIt took a bit of patience to sit on my hands but Dow finally delivered. Exited just below Yesterday's Low.Ignored
Disliked{quote} Hi Laura, Nice trade. However, if I understand correctly, everything else being equal, you'd normally exit a (sell) trade if/when the EMA(8) completely crosses above the SMA(200) (the area I've shaded blue). What overriding factor(s) persuaded you to stay in the trade, in this case? How much further would price have had to move against you, to persuade you to exit? Many thanks, David {image}Ignored
Disliked{quote} From what I can see, as the 8ema rose to the 200ema the composite rsi dropped further under 45. Sometimes we have to just trust our tools whether it be hit or miss. Trade what "Is" ... Not what" IF". Hope that helpsIgnored
DislikedHello, I have a question for those who have already developed in this system , I noticed that some enter into short trades on the M5 when the SMA200 on the M30 is lower than the price, is it correct according to the rules of the system ? If not, which sma200 timeframes should be in compliance if we trade on M5? And one more question I correctly understood that if we enter the M5 the RSI indicator shows us the state of Affairs on the M15 ?Ignored
Disliked{quote} 1. I have used ADR with a setting of 20 and see that often is the exact range, personal preference, try and see what you see 2. If you want 5 daily candles per week, then the generally accepted daily open is 5 pm New York, nothing to do with GMT CheersIgnored
Disliked{quote} Hi Laura, Nice trade. However, if I understand correctly, everything else being equal, you'd normally exit a (sell) trade if/when the EMA(8) completely crosses above the SMA(200) (the area I've shaded blue). What overriding factor(s) persuaded you to stay in the trade, in this case? How much further would price have had to move against you, to persuade you to exit? Many thanks, David ___________________________ [EDIT] @4xu2, @PhillipmC: Thanks for replying. I think I found the answer partly in post...Ignored
DislikedDo you guys take into account how far price is away from the 200sma ? say if your trading the 5min and price is a long way from the 200 30m - 1H ?Ignored
Disliked{quote} 1. I have used ADR with a setting of 20 and see that often is the exact range, personal preference, try and see what you see 2. If you want 5 daily candles per week, then the generally accepted daily open is 5 pm New York, nothing to do with GMT CheersIgnored