Lucky Lady, I just pm'd you. Please check. Thanks.
- #2,546
- Sep 16, 2009 10:20am Sep 16, 2009 10:20am
- Joined Jun 2009 | Status: Trader | 2,430 Posts
Indrek
I totally agree with you, everbody must have the same template,
could you please post your template in this thread.
then we have no discussions more about a valid or not a valid signal. and then we can move forward with this thread to make pips and money.
Dutch signals
I suggested to have all timeframes on one and only chart. There is no reason to have different templates for 60,15,5 and 240,15,5 and 30,5 - all these are parts of the same system and tradeable from the same chart. Then there is no confusion any more You are right - this discussion is absolutely irrelevant and should be replaced by active trading
But I absolutely do not understand the suggestion that everybody should have the same template. WHY? My principle is that everybody has to make his/her own template and to find his/her own way and style of trading any system.
- #2,549
- Sep 16, 2009 10:28am Sep 16, 2009 10:28am
That is not what I meant
You are 100% correct that One templet should have all TFs
it will be easy for traders and should not confuse
I have seen many posts which shows 4 or 5 TFs on one templet
Please share your Templts if one have this kind of templet.
Regards
- #2,553
- Sep 16, 2009 11:29am Sep 16, 2009 11:29am
- Joined Jun 2009 | Status: Trader | 2,430 Posts
"How can anyone dream about being a trader if he is too lazy to spend 10 minutes on making a template?"
Indrek, it may not be lazyness. If one doesn't know what constitutes a workable template for this system, and wants to find out, he/she is probably looking for an example or a model to start working from. A "template" for a template. Gleneagles posted his template a few days ago.
- #2,555
- Sep 16, 2009 1:57pm Sep 16, 2009 1:57pm
- Joined Jun 2009 | Status: Trader | 2,430 Posts
I have just created a template that has 240 60 15 and 5 on it
It makes things much simpler
PGPB
Now you have to add D1 and M30, and then you will be ready for every case
- #2,557
- Edited Sep 17, 2009 12:07am Sep 16, 2009 3:30pm | Edited Sep 17, 2009 12:07am
- | Joined Jul 2009 | Status: Back at square one! | 252 Posts
This is to give people an IDEA of what could go into a template.
This one has elements in it that are not suggestions from this thread, and can be removed. For instance, the excess of Scalper Signals... Get rid of them if they are of no use to you. If you are using the TWO BLOCK and THREE BLOCK system, you wont need any of them...
Templates are not hard to create, and allow the trader to totally personalise their workspace to suit their own needs.
Have some fun with them.
Finally, everything a newcomer needs to know is in the Manual. It has ironed out the nuances that have developed over the thread's life. If you do not understand something, you need to refer to the manual. If it does not explain something, do a search for the particular topic inside the thread. Even Xecret has gone to the trouble recently to delineate the difference between his different indis and those of Roy's. (Thanks Xecret!
)
This is a system that will make you money. It is worthwhile if you take the time, read the manual 3 to 5 times as was suggested, and digest the thread. Realistically, before you trade any system, you should UNDERSTAND how it works. That understanding cannot come without first gaining the KNOWLEDGE of how the system operates. Then comes the WISDOM to know when it will and will not work. It all takes time.
If it is going to make you money, change your life for the better, and the lives of those you touch, it is well worth the effort to even go back to page one of the thread if need be. Get it 'in your bones', and you will have a profitable system that will make you money for as long as you want!
In essence, if you have a question, chances are it has already been asked and answered. Unfortunately, there is no way to make this system more complicated than it is! I struggled with it for the first couple of weeks because I thought it was more complicated than it was. When I gained the KNOWLEDGE of the simplicity of the system, a lot of things fell into place. The problem with us technical traders is that we think we have to outsmart the market. Realistically, you can't make sense out of chaos at the level where the chaos occurs.
And yet, here is a system that is simple, and really requires solely that we WAIT UNTIL THE MARKET COMES TO US.
When the setup is right 70 - 80% of the time, we can afford to wait, watch and learn how MTF works.
Regs,
NOTICE: Please read post 2564 before you pull your hair out!
This one has elements in it that are not suggestions from this thread, and can be removed. For instance, the excess of Scalper Signals... Get rid of them if they are of no use to you. If you are using the TWO BLOCK and THREE BLOCK system, you wont need any of them...
Templates are not hard to create, and allow the trader to totally personalise their workspace to suit their own needs.
Have some fun with them.
Finally, everything a newcomer needs to know is in the Manual. It has ironed out the nuances that have developed over the thread's life. If you do not understand something, you need to refer to the manual. If it does not explain something, do a search for the particular topic inside the thread. Even Xecret has gone to the trouble recently to delineate the difference between his different indis and those of Roy's. (Thanks Xecret!
)This is a system that will make you money. It is worthwhile if you take the time, read the manual 3 to 5 times as was suggested, and digest the thread. Realistically, before you trade any system, you should UNDERSTAND how it works. That understanding cannot come without first gaining the KNOWLEDGE of how the system operates. Then comes the WISDOM to know when it will and will not work. It all takes time.
If it is going to make you money, change your life for the better, and the lives of those you touch, it is well worth the effort to even go back to page one of the thread if need be. Get it 'in your bones', and you will have a profitable system that will make you money for as long as you want!
In essence, if you have a question, chances are it has already been asked and answered. Unfortunately, there is no way to make this system more complicated than it is! I struggled with it for the first couple of weeks because I thought it was more complicated than it was. When I gained the KNOWLEDGE of the simplicity of the system, a lot of things fell into place. The problem with us technical traders is that we think we have to outsmart the market. Realistically, you can't make sense out of chaos at the level where the chaos occurs.
And yet, here is a system that is simple, and really requires solely that we WAIT UNTIL THE MARKET COMES TO US.
When the setup is right 70 - 80% of the time, we can afford to wait, watch and learn how MTF works.
Regs,
NOTICE: Please read post 2564 before you pull your hair out!
How do you make a small fortune in Forex?
Start with a large one!
- #2,559
- Sep 16, 2009 10:08pm Sep 16, 2009 10:08pm
- Joined Jun 2009 | Status: Trader | 2,430 Posts
Indrek, I tend to a bit obsessive, so as soon as you said that I thought....he is right.....I need the daily as well......I have decided to live dangerously and leave the 30 time frame off
LOL
Thanks again
I also try to avoid it because it also needs too much attention and chart watching. 60,15,5 is a low maintenance one - 5-10 minutes screen time once per hour.
- #2,560
- Edited 10:50pm Sep 16, 2009 10:18pm | Edited 10:50pm
- Joined Jun 2009 | Status: Trader | 2,430 Posts