DislikedAlso on the 1 hour look how the bear support lines (black) have become bull resistances. {image}Ignored
Do you do this on H4 chart and take it as a S&R ZOO?
Identifying Market Swings - Medium and Long Term Trading 619 replies
Trading With Moving Averages 72 replies
Moving Averages Zone Trading 10 replies
HELP! GMMA (Guppy's Multi-Moving Averages) Trading Mehod 3 replies
Via indicator: trading xxxyyy via zzz 0 replies
DislikedAlso on the 1 hour look how the bear support lines (black) have become bull resistances. {image}Ignored
Disliked{quote} Yes you are correct. The example I gave was to show how taking the signals makes back your mistakes. It was not a trade I took.Ignored
Disliked{quote} But sometimes when our signal was wrong, thus being stop out and at the same time, market turn and surge, we are suppose to re-enter market in opposite direction, our indicators however shown it is already extreme that worth for retracement, but it doesn't look back and just leave the station, making us felling too risky to chase the train (market). In hindsight, it is an early stage and there are way much juice left to be tapped. In this type of situation, may I know how Alan handle the extreme indicators to time the reentry?Ignored
DislikedSeasonal greetings and have a great holiday everyone. I should have a new headset next year hoping the post keeps up with demand, I just can't get this current set to work with Skype. Looks like we may be heading into more covid stay home stuff, I hope everyone takes it seriously and stays safe. Don't know if I am going fishing or not, better to limit travel as much as possible and allow the fish to grow a tad bigger. See Y'all in the new year I hope.... Best wishes AlanIgnored
DislikedHello everyone, hope you all had a great Christmas with friends and family. Hi Alan, I'm reviewing your thread (again )) something that bother me, I thought I understand hedge, but seems like I missunderstand something: when you put a hedge, do you close all your entry? or you just keep them running? as in post 253 PeterIgnored
Disliked{quote} Once you have a position you believe is going somewhere it will often run into a set back of sorts and may make a pull back on say the 5 min chart due to a div. These are what we look to hedge and they may or may not last very long. Once the hedge is place the entire trade is protected from any furtherloss or any further profit is just remains locked up. We then have to decide which we want to close, the primary trades or the hedge. Most often it is going to be the hedge and we may well have made a few pips profit from it at our full trading...Ignored
DislikedGood day everyone, how your holiday so far? I'm getting bored now at Christmas time and continuing my reading post-by-post. Just curious: how many of you still using this method? So many ppl showed up with a good result, good analysis and then disappeared after a while, its so funny. PeterIgnored
Disliked{quote} Petra My advice is if you find this thread useful is stick to it. Read the posts especially from Alan a few times. Every time I come back i find something useful IMHO this thread is a goldmine . It's up to you do do some digging to find your way in trading to get your own pot of gold. I use the basis of this system with different MM. And i would think there are others who do the same. Hope this helps. DelIgnored
DislikedGood day everyone, how your holiday so far? I'm getting bored now at Christmas time and continuing my reading post-by-post. Just curious: how many of you still using this method? So many ppl showed up with a good result, good analysis and then disappeared after a while, its so funny. PeterIgnored