Thanks guys!
The ATM Machine 9 replies
My ATM Machine 6 replies
Like an ATM! Think again... 4 replies
Can someone with knowledge of the language mql could write/change this indicator with location of HH / HL or LH / LL on the chart?
Price Action is something new for me and at the beginning of my work with ATM system small suggestions on the chart would be nice.
Dislikedand whats the money management plan for the indicator based method?Ignored
DislikedHey Harold,
... Why not look at the logical place for your stop + spread, exactly like we do with Key To Mint, and make that same pip count the TP. If as is the case with this method the stop is only 12 pips, then shoot for a 1:1.5 RR. ...
Tks
DSIgnored
DislikedI could, but after what you wrote about TK, I couldn't be bothered with youIgnored
QuoteDislikedHey DS, I had a look at "the key to the mint" and found that the useful information in post 1 was already deleted. Would you please share something regarding what you metioned? I'm much interested in it. Many thanx.
DislikedAfter the fiasco of other threads, one cannot blame another for being sceptical. I didn't accuse anyone of anything. I just got a feeling of deja vu thats all. I am surprised you took offence Phreddy.
DazzerIgnored
QuoteDislikedsorry you missed those deep south. I did a combo MTF stoch/ATM entry on that taking the first ATM signal after the M15 stoch crossed below 80. On this one I had a TP of 20 pips set, but it did much better than that, something like 40 pips now. On M2 chart is the M15 stoch indicator in green.
DislikedXecret,
This is a doc I put together for myself when learning to trade the mint.
Under the second bullet #2, I mention what Harold looks for. His stops are 1 pip above/below the candle he uses for his stop + the spread. His entry is 1 pip above/below his entry point. He then uses that total pip count from stop to entry as his TP. Keep in mind the note at the bottom of the page; The TP is set but he is always aware of the most recent location that price had a reaction. It becomes discretionary at this point based on the reaction you see.
Once...Ignored
DislikedScary one JD! You mentioned earlier liking the small SLs of this system. Where was your SL on this trade?Ignored