Trading Made Simple(r)

[quote=pewebly;15754351]{quote}{quote} Hi btrfx1, Thank you for your clarification. Yes, I understand your point,

hi pewebly,
I will try and present a set of views, I am having a weekend break now and will post something, everyone will probably see different views of what I post, that's allowed here, but that old saying--you cant put an old head on young shoulders, may prove to be right--at 85 yrs old, my grey matter sometimes lets me down hahahahaha, never mind let's see what happens.
Ben

[quote=btrfx1;15754420] Hi pewebly,

Charts I promised will come later--you are at the crawling stage right now

I need to start your journey by going back to the very basic of knowledge.

What does the following statement mean to you------
the market is talking to you--can you hear it?---Not in the sense of a musical signal either.
I bought a book many years ago called Listen to the market by an Australian guy named Ivan Krastins. it's worth buying if you can get.

first lesson for today
1-----Which one of these four options means the most important to you-Open-High-Low-Close.-
--WHY?

2-----Which market participants control or make the market move, up/down/sideways

answer--------- and I will do the next lesson
Ben

I've been following for a while and finally set up Template #1 on my 4H charts. The combination of the HMA crossing the yellow 5EMA + candle color change + stochs above/below the purple 50 line is really clean and easy to read once you get used to the colors.
What I like most is how it keeps you in the trend without too many subjective calls (unlike some other systems I've tried). The stop placement behind the 2nd candle back has saved me a few times already.

[quote=btrfx1;15757106][quote=btrfx1;15754420]{quote} Hi pewebly, Charts I promised will come later--

Hi pewebly
Sat nite here, in fact 5 mins past midnight.

I copied your chart and labelled it from your entry points----Tell me what made you trade that short and two long positions.?????????

I cannot make any sense of them, maybe I am too old to understand you young fellas, goin to bed now to sleep on it, maybe the telepathic message will arrive as the sun rises in the Australian continent tomorrow.
Ben