cool 
regarding the way you draw ........... trendline, it seems a bit ...... subjective, if you don't mind I say so ???? .......... I knew you are quite good at spot the setup using trendline, the thing is how to copy your success if I don't understand your way of drawing TL, what concerns me is the part that you ignor to some extent the wick in between two touches. I can draw them in similar manner to yours, but, I wonder I may be suspectable to curve fit if I do it the same way.
in any case, I have to reckon you are the king, coz success is everything. just a litte bit worry to myself, how to learn the way you are good at
regarding the way you draw ........... trendline, it seems a bit ...... subjective, if you don't mind I say so ???? .......... I knew you are quite good at spot the setup using trendline, the thing is how to copy your success if I don't understand your way of drawing TL, what concerns me is the part that you ignor to some extent the wick in between two touches. I can draw them in similar manner to yours, but, I wonder I may be suspectable to curve fit if I do it the same way.
in any case, I have to reckon you are the king, coz success is everything. just a litte bit worry to myself, how to learn the way you are good at
Here is my view...
- #444
- Apr 20, 2010 7:33am Apr 20, 2010 7:33am
- Joined Apr 2009 | Status: Trader | 2,891 Posts
Haha missed your post sorry.
I am a little focused out today also not getting my analysis in the place too.
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I am a little focused out today also not getting my analysis in the place too.
.
- #446
- Apr 20, 2010 7:37am Apr 20, 2010 7:37am
- | Commercial User | Joined Feb 2008 | 4,633 Posts
cool
regarding the way you draw ........... trendline, it seems a bit ...... subjective, if you don't mind I say so ???? .......... I knew you are quite good at spot the setup using trendline, the thing is how to copy your success if I don't understand your way of drawing TL, what concerns me is the part that you ignor to some extent the wick in between two touches. I can draw them in similar manner to yours, but, I wonder I may be suspectable to curve fit if I do it the same way.
in any case, I have to reckon you are the king,...
I try to draw a TL connecting highs or lows...but the main focus is to catch the main trend of price it doesnt need to be exact and the longer the TL is drawn over the less exact it will be.
I don't give as much emphasis on a TL as I do on horizontal PPZ...I would take a trade based on PPZ alone but would rarely take trade based on a TL alone - unless it was a very strong / clear TL.
Probably not the the clearest answer for you...but dont get hung up on trying to draw TL to the exact pip it's just an area where we can expect price to react like a PPZ.
Lol - I am no king! There are far better traders on FF and on this thread too...I have many weaknesses and am still learning...but I'm at the stage where I can consistently make money so I suppose that is in the few% of traders out there.
I'm sure you can see that the methods are not that difficult but it's all about practice (demo - or very small real money using Oanda) and chart time...the more you practice the better you get and the more confidence you have - confidence is key...being able to move from trade to trade without the previous one affecting you cos you know (through practice) that over the course of a week, month etc your net account will be showing decent growth
- #448
- Apr 20, 2010 7:42am Apr 20, 2010 7:42am
- Joined Apr 2009 | Status: Trader | 2,891 Posts
I dont't understand why i am so much bullish on Euro today. 
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- #451
- Edited 8:00am Apr 20, 2010 7:47am | Edited 8:00am
- Joined Apr 2009 | Status: Trader | 2,891 Posts
coz you didn't count the LHs and LLs today
surely, me too
jeurre
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- #453
- Apr 20, 2010 8:00am Apr 20, 2010 8:00am
- | Commercial User | Joined Feb 2008 | 4,633 Posts
I dont't understand why i am so much bullish on Euro today.
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EA hit first trouble area and reversed i.e. new sellers came back in - if you were on the other side i.e. playing the trend you'd be selling on a pullback to that first trouble area.
- #454
- Apr 20, 2010 8:01am Apr 20, 2010 8:01am
OMG, major spike on UC 
anyways, try this on #YM.
Edit: Oh yeah, anyone who likes this indicator and would like it to be modified to suit their need, don't be shy to give me a buzz. It's not made by me, but I know how to modify it. (some computer programming background)
and another edit: I see that it doesn't display the "time to next bar" info correct. I use another feed (FxOpen) and it works on that. FxPro has bars starting at odd hours (1AM, 5AM..., talking about H4) and it seems that the indicator isn't showing it right. I'm going to have a look over it. (I'm getting bored from time to time, and have to take my eyes off of charts )
anyways, try this on #YM.
Edit: Oh yeah, anyone who likes this indicator and would like it to be modified to suit their need, don't be shy to give me a buzz. It's not made by me, but I know how to modify it. (some computer programming background)
and another edit: I see that it doesn't display the "time to next bar" info correct. I use another feed (FxOpen) and it works on that. FxPro has bars starting at odd hours (1AM, 5AM..., talking about H4) and it seems that the indicator isn't showing it right. I'm going to have a look over it. (I'm getting bored from time to time, and have to take my eyes off of charts
)
