StopLoss is for none belivers... Trust the Gurus..
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- Jan 3, 2009 10:25pm Jan 3, 2009 10:25pm
- | Joined Nov 2008 | Status: Member | 470 Posts
The ATM Machine 9 replies
My ATM Machine 6 replies
Like an ATM! Think again... 4 replies
Dislikedhad to clear my head of all the crap that has been building up
Many profits to all in 2009!!!!!!!!Ignored
DislikedYou could also look for a candle eats candle in the opposite direction for a exit point.Ignored
DislikedThat's one of TK's exit strategies. However, in backtesting, I've noticed that there are several "candle eat candle" setups BUT then price turns around and continues in the direction of the trade. That means that you would exit too early and miss a lot.Ignored
DislikedHere is something I have been looking at and has been fairly reliable at catching most of the move. Use a MTF 5 minute SAR .002, .2 and let it be your moving stop for a 2 min chart.
Here is a screen shot.
and the indicator I coded last week.Ignored
DislikedJust so everyone understands, this is not, as far as I know what TK does. It is just something I have been perusing. Please do not confuse this with his method, as his is a complete system.Ignored
Disliked...I'd like to get a skype group together to just trade, without the bullshit that continues to dribble from some of the idiots on this forum. If you are interested, please PM me. For the rest, good luck with your trading.
Goodbye for now.
Cheers
CanuckCTIgnored