Trading Made Simple(r)

Quoting forex-nl

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First post in the thread after reading and summarising the whole thing in a 327page Word doc (landscape 45x30cm pagesize!). RH (as the main instigator ;-)) thank you for your unrelenting effort to share your thoughts and results from working on those thoughts. Obviously there are other valued contributors as well (Emm, Rosc, etc) but they would not be on this thread if the thread had not been started I'm still distilling elements from this thread and the ideas of a few other threads into something that works for me and slowly...

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Quoting Straasha

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Hello all, 2 new versions. Indicator: I think I've finally found the RSO indicator update issue. I was able to test it on BTC for several minutes on M1 to confirm that there was no longer any lag. {image} Dashboard: Integration of Timeframes and associated labels as parameters. {image} {file} {file}

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Quoting Eod

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{image}

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Quoting Eod

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{quote} Closed at a loss. Entered too early. Now I'm waiting for the drop.

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Quoting StonebankS1

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{quote} which moving averages were you using? a 25 EMA roadmap would have prevented this trade, but also the long stochastic from RSO was at the middle of nowhere, so not a valid continuation trade {image}

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Quoting Eod

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{quote} ou're right. It's a hasty entry. I use ema 3, 8, 21, 34, 55.... I don't like the road map. I can't trust the road map.

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Quoting StonebankS1

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{quote} But you are actually using a roadmap; it’s just one of its first iterations. RH ended up working with an 18 or 21 or 25 EMA (close, low, and high) roadmap, which mimics the 21, 34, and 55 EMAs but, as you can see, is more accurate. The main premise behind the roadmap is to help you identify continuation trades, and it is used in conjunction with the RSO or other oscillators in strong trends.

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Quoting pewebly

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{quote} Hi StonebankS1 and thank you for your roadmap clarification! I was looking for this but the thread is quite long so could you please help me find the actual information about the RH's roadmap usage along with the RSO? I would like to add an alert system to RSO to help me reduce the screen time. Thank you very much for your support!

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Quoting pusztafie

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Gold scalping {image}

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Quoting StonebankS1

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{quote} sup mate, i have a question, do you specifically trade gold during certain times? my broker has a limited amount of stocks, and swing trading works better than day trading since usually most of stocks pull up a move before market opens, then ranges for the day. But i have noticed that gold, silver, bitcoin and sp-dow-nasdaq are very volatile at the new york open at 9:30 am (ny time).

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Quoting pusztafie

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{quote} I trade gold mostly after the London open and after the London close, there is volatility during these periods, but there are no crazy movements. Even calmer periods can be suitable.

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Quoting pusztafie

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Gold scalping {image}

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Quoting pewebly

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{quote} Hi pusztafie, Thank you for the chart! May I ask you what EMA do you use on this chart? Thank you again!

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