Dislikedinstead of using the 3 ema, why not make it simpler and just use price + 34 sma instead?
A lot of pros trade with just one maIgnored
Price can lag, the 3 Ema filter the moves, and is not laggy like price alone, and not to smooth for price
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Dislikedinstead of using the 3 ema, why not make it simpler and just use price + 34 sma instead?
A lot of pros trade with just one maIgnored
Dislikedand give serious consideration to what he says. My money's on the probabilities he's been trading a lot longer than you have, and he has some pretty high powered traders that acknowledge his skills and abilities trading the forex. That's not my humble opinion, that's fact.Ignored
Disliked5. Leave your bias at the door and go with the charts. It took me a long time to learn this.. Trade what you see and not what you think.
Thanks again WF for the time you put in here.
ps: candlestix formations are fairly predictableIgnored
DislikedHi Karim,
i think you still need a good name for your holy grail ^^
what about "Waterflames CCI" ;D - sounds as good as Woodies ZLR e.g.
btw:
did anyone of you made an Expert Advisor out of this? Karim told me, he is too shy to asking for, so I will do this instead
thanx Karim and the others,
cheers,
MarkusIgnored
DislikedHi Flame!
Thanks so much for sharing the ELITE Trading System! This is a terrific blessing!
I saw your recent post displaying a screenshot with 6 currency pairs. The EUR/CHF and GBP/JPY were deleted from the original group of 4 pairs to trade. EUR/GBP, EUR/JPY, GBP/USD and USD/CHF have all been added. My question is do we continue to trade the original 4 pairs or do we adopt the new 6 pairs that appeared on your screenshot?
Also, in the lower right quadrant of the main pane, you have several timeframe references. Is there a way to activate the time so that it is useful? Mine are static and of no use. If we cannot activate the timeframes, how can I delete them and remove them from the screen?
Keep up the GREAT work!
Bob in WisconsinIgnored
Dislikedwhat would be your call on always having a hard stop?I want to keep this sytem as close to mechanical as possible.I tend to think to much when I trade.I got into the eur/jyp,a couple hours ago.It was a sick market again or maybe you would call it lazy.I held onto it for about an hour then relized it was going nowhere and got out with 2+ pips.Did you take that trade?Thanks again for your help.Ignored
Dislikedthis will be explained step by step
Reading news time ( if im not a news trader, to avoid news events )
1 - Setting up charts
2 - Drawing Support Resistance ( of previous and current area )
3 - Drawing Trendlines ( of previous and current area )
4 - Drawing Fibs
5 - Identifying Market Mood
6 - Looking for an advertising Candle
7 - Observating confirmation Candle
8 - Using the System with rules
thats how i proceedIgnored
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