That was amazing.
Thanks for the insight Graeme.
Dan
Thanks for the insight Graeme.
Dan
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DislikedHi Graeme,
Quite an impressive real time demonstration. You make it look so easy. Unless I am mistaken, isn't this a somewhat different style for you? Unless I am mistaken I seem to remember you starting at higher time frames before dropping to 5min for entry. Are you talking about TP at 100 pips just as an arbitrary point for demonstration purposes?
What are you looking at for exits with this method? Are you just looking to establish long term millipede legs or are you looking to exit when you gain perhaps 100+ pips and then price action goes...Ignored
DislikedJust to further answer to Hubbahubba as I had missed it out in my previous answer.
I AM still taking hindsight from the higher timeframe first before taking trades on 5min chart. Just like we always talked about.
This was Monday eur/usd.
I had 4-5 sell positions. Why? My price interpretation on 5min timeframe is same as any other timeframe. And what does my price interpretation indicate on Monday?
http://img816.imageshack.us/img816/1274/aa1j.png
So,...Ignored
Disliked...
My problem so far with this trading style is that i have a hard time diversifying
I got in well on the last weeks EU uptrend and at a time i had more than doubled my account including the floating equity and i had 6 buy stacks running. But i let them all get taken out at BE as i was stubbornly sticking to letting them run. So it ended with a loss as i had paid a little to much to establish those 6 trades.
...
//joakimIgnored
DislikedThank you for your continued interest.
I had to take a nap before continuing.
Update.
eur/usd 4hr
http://img30.imageshack.us/img30/7268/aa1xc.png
Im now looking for buy opportunties.
Looking for sellers to run out of steam before I start opening buy positions.
Never marry a direction.
While many traders are looking at sell opportunities while the market is moving down, I prefer to be already in the market before the main action starts.Ignored
DislikedHi pipEASY,
Thanks for the sharing your system. I just drop last week in your thread.
Kindly advise if the orange horizontal you made in your chart it mean a candle which being engulfing by the next candle ? or its have other meaning ? since I see sometimes the orange line you put below the candle or above the candle ?
Sorry for my bad english.
Thanks,Ignored