ATP (Advanced Trading Philosophy) - Positioning For Success

Quoting herty

Disliked

Hi Damonl,

Thanks for the excellent job you're doing, I/we really appreciate it. I have one request for the coming charts. If possible can you change the charts' background to white, for clearer/cheaper printing. That will make my life, at least, much easier.

Thanks, and waiting for the coming series.http://www.forexfactory.com/images/icons/icon7.gif

herty

Ignored

Quoting Feihong

Disliked

Thank you Damonl, the more I study your system, the more I feel how good it is.

Ignored

Quoting attictrader

Disliked

Hi Feihong,
Yes you are right regarding the validity of the EES1 entry, as Damonl has just confirmed. I think it's great we're all chipping in here as it helps to clarify in our minds how the system works.

Damonl
Your latest posts have certainly cleared up some misconceptions I have had. Also, the spreadsheet is magnificent and will definitely aid trade tracking.
Thank you for sharing this.

Ignored

Quoting Freddyfx

Disliked

You are explaining what is going on on my side very clearly.
It is a bit overwhelming at times, but we will figure it out, as master Damonl is not letting us in the cold if we get stuck.

Ignored

Quoting keramikus

Disliked

Hello,

if I understand, only EU is the case, so here is mine:

- I have still opened EES short trade at -35 pips
- on top of todays candle sit 1UCT pending buy stop

I made a mistake and put DPTT on low of candle but deleted it. Do I put it on top along with 1UCT despite red dot and red lag? Or do we just wait for upper push before placing DPTTs? what have I missed?

regards

k.

Ignored

Quoting Bull

Disliked

Hi to everybody,

I'm attaching a xls file with a new layout of The Trade Manager, I hope that can help to others.

This strategy is really good and professional, with a lot of common sense, day by day will be more easy for us follow all the "rules", we need patience, read thousand times all the ideas, one by one till our eyes will see in a screen shoot we're we are.

The idea of this new layout is try to be more comfortable and in only one file altogether.

Some considerations about the file.... all sheets are protected, the pass is "demon" the idea to protect is only to diminish any mistake.

In the Main Menu you've all the links to go directly to each pair that you're following, others links to the theory and my favorite, the daily report.... after you fill all the pairs, you must to go to Daily Report page, press "Get Daily Report" to update the Report and then in only one page you will have all the positions and orders that your following.

Also in each pair you have the Pivot and S/R for a weekly update.

If anybody need or want any modification, please let me know and will be a pleasure to my to do it.

Hope that you can enjoy with this file.

Again, a I want to said THANK YOU to Damon for everything that he is doing.

Ignored

Quoting Bull

Disliked

Sorry but I'm tying to attached the file but it's to large... I'm trying to upload to a public server.... if someone can let me know how do that I'll appreciate

Ignored

Quoting Freddyfx

Disliked

Damonl.

I would like to ask to add figures to whatever you are talking about.
I am fiddling with the crossover bar, the piercing, etc. ...........you name it, I am wondering if I am right.

I agree 100% with you that working on the EU gives us enough to train with for the moment.

I watched the ST dot since March 6
The NL yellow since Sunday March 9
Took a SHORT @ 1.5336 on March 10th

and I know what you will say, Freddy, you are not completely on the right level yet, but I will get there. I feel overwhelemed already with too many options to take trades and am trying to KISS

Ignored

Quoting Bull

Disliked

I want to share my GU chart for today...

PS: Demon please let me know if I'm wrong.

PSS: Here is another link to download the xls file...
http://www.2shared.com/fadmin/2973520/3df755a8/ATP.xls

Ignored

Quoting damonl

Disliked

Hey ffx....

You are close...very close.

It appears that you placed a market order at the close of the bar on 3/10. You definitetly picked the right bar to go short on, however by rule rather than placing an order at the close of the bar on the 10th, you would have placed a "Pending Short Stop Order" 1 pip below the low of that bar. With your S/L 1 pip above the high of that bar + spread.

I always want the market to appear to be continuing in the direction I am seeing the trade going rather than just opening up a position at the close of the bar.

Was this helpful and does it clarify things a little better?

Ignored

Quoting Freddyfx

Disliked

I think it does.
I placed a market order @ 1.5336, but should have placed a SELL STOP ORDER @ 1.5335 and a SL @ 1.5402

Which means I would have been stopped out, LOL

As I was not that afar as to know how to use the SL, I did not place it and therefor still "blessed" with a running trade short.

In case others are struggling with the same issues as I am:
I am watching the AC and see the Stoch now already crossed down the 0.00 line, which makes me feel I will keep my shirt.

Any comments everybody?

Ignored

Quoting damonl

Disliked

Yes...you are correct, but remeber that you will not even place an order for a 2nd EES trade if the 1st one has not at least triggered.

I found it not good to have 2 pending EES trades waiting to trigger.

Ignored