keep trading & training man, you can do everything you want.
Hi all
Today y go on 16 trade position 14 succesufull2 loss
Thanks again Jankone
Click on Ryan's name to get his profile, click on the list of his posts: all the answers are there, plain and clear, just take time and effort to study them.
. Herry Winandi is right, there aren't many good setups, especially that I watch only 2 pairs E/U and G/U. So, I would like to know more, how Ryan trades TC pullback. I don't like much CT, but good pins more often come in CT's.
Sorry Jankone if it off topic.
- #384
- May 28, 2009 10:48pm May 28, 2009 10:48pm
Thank you, but I actually did that after I have read this thread. I still didn't get other setups, but it is OK. I'll be around here and learn from you guys
Herry Winandi is right, there aren't many good setups, especially that I watch only 2 pairs E/U and G/U. So, I would like to know more, how Ryan trades TC pullback. I don't like much CT, but good pins more often come in CT's.
Sorry Jankone if it off topic.
Just made 10pips on the 15min chart then 15pips on the 5min chart
WARNING: Don't follow me as I'm just learning
- #385
- Edited 2:45am May 29, 2009 12:21am | Edited 2:45am
Hi Jankone
Great thread!
I've hardly ever looked at the 5min TF, just 4h & daily. Are you entering 2pips+spread past the end of the pinbars? (eg 5pips for eurusd rounded up)
Cheers
Adam
Great thread!
I've hardly ever looked at the 5min TF, just 4h & daily. Are you entering 2pips+spread past the end of the pinbars? (eg 5pips for eurusd rounded up)
Cheers
Adam
WARNING: Don't follow me as I'm just learning
- #387
- Edited 9:03am May 29, 2009 8:10am | Edited 9:03am
Thank you.
Can you post the charts of your trades for us to learn?
Hi IraI'm new to this thread and I'm looking forward to learning the system as well.
Just download the RYANMCD.doc attachment and study it, and follow Jankone ... He really knows what he's doing.
To understand pinbars and support and resistance, check out the James16 thread. This will help with your entries and exits ... I'm sure Jankone won't mind me mentioning that.
Cheers
Adam
WARNING: Don't follow me as I'm just learning
- #389
- May 29, 2009 8:50am May 29, 2009 8:50am
- | Joined Aug 2007 | Status: I keep my eyes open | 1,108 Posts
A slightly different view of that 2nd trade: I deleted MAs, but added Fibo of the prior big move, as well as xx00 and xx50 levels, so that's easier to see where the price was going from and to.
I use Fibo EXTENSION to measure RR: I draw it from my SL to my Entry; that projects RRs (1,2 etc). I closed part of my position at RR2 (xx00 level), and let the rest ride to RR4 (just below xx50).
As A+ setups do not happen that often, it makes sense to milk them as much as possible...
I use Fibo EXTENSION to measure RR: I draw it from my SL to my Entry; that projects RRs (1,2 etc). I closed part of my position at RR2 (xx00 level), and let the rest ride to RR4 (just below xx50).
As A+ setups do not happen that often, it makes sense to milk them as much as possible...
One Chart is Worth Ten Thousand Words.
- #391
- May 29, 2009 2:54pm May 29, 2009 2:54pm
- | Commercial User | Joined May 2009 | 5,751 Posts
Hi all
Jankone what do you think, i take a trade later and now i am 25 minus in balance,what do you think for Sunday,close trade or stay ? :S
Jankone what do you think, i take a trade later and now i am 25 minus in balance,what do you think for Sunday,close trade or stay ? :S
"Buy on fear, sell on greed !!!
- #393
- May 30, 2009 3:03pm May 30, 2009 3:03pm
- | Commercial User | Joined May 2009 | 5,751 Posts
omg Jankone , i just ask you to your opinion ...
, i just ask you to your opinion ...
"Buy on fear, sell on greed !!!
hi all
jankone what do you think, i take a trade later and now i am 25 minus in balance,what do you think for sunday,close trade or stay ? :s
it is best to decide on your stop placement before placing your trade. Then allow the trade to run its course, only closing, if price action shows clearly that it is turning against your trade.
if you decide when to take a trade, then you are also the only one to decide on the exit
it is very unwise to trade lower time frames, if you cannot read price action. However, if you have learnt to read p.a. Then five minute charts are the ideal way to take your skills to the professional level.
Graham
- #398
- Edited Jun 1, 2009 1:22am May 31, 2009 12:22pm | Edited Jun 1, 2009 1:22am
- | Joined Aug 2007 | Status: I keep my eyes open | 1,108 Posts
One Chart is Worth Ten Thousand Words.