puts you in DD with premature crossing of BB...I could have also have waited for the RWB to be under the 15,but I was leaving for work
http://i688.photobucket.com/albums/v...ronaut/3-6.gif
http://i688.photobucket.com/albums/v...ronaut/3-6.gif
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Disliked#1 buy...could have used a #2 but I think I still prefer the #1 because price seems to come back the BB after it moves inside and gives a better entry price.
http://i688.photobucket.com/albums/v...ronaut/3-5.gifIgnored
Dislikedinteresting. i still follow the sixths and price is here between the lower green and gold line. therefore no setup yet.
i guess using the tma gives more entries, right?Ignored
DislikedHi
FYI my results for the past 2 weeks. I agree caution must be the number 1 consideration. With 4H and above we must always keep an eye on the fundamentals.
Kind regards
P.s. As you can see I have quite a few jpy pair trades, I will keep an eye on them to ensure they do not cause trouble.
Thus far the a/c is up 10% this year.
P.P.S. NB for conservative trading, Use Phover`s dashboard and ensure you have RWB green (i.e. all 3 are in oversold /overbought) position. Many people take a trade when the Stochs are in position but RED MACD is...Ignored
DislikedHello everybody! I am new in Nanningbob's trading concept and also in Forex. Thank you for the effort made by Nanningbob and other friends!Yesterday I noticed the T3MA indicator, but I don't know if this indicator repains just like the other repaining ones. If it is a repain indicator, how to use it?Ignored
Disliked
***I beg of all of you not to get into a debate about repainting versus not repainting of the TMA.***Ignored
DislikedThere have been several discussion about the TMA and whether or not it repaints or not...
The answer you should be looking for, imho is that the TMA gives you a signal in real time. What I mean by signal is that it gives you a trade entry signal.
TMA stands for Triangulated Moving Average and all moving averages move around as price does. So yes it moves and looking back on trades that you have taken that go into DD it will look like you entered prematurely but in fact you had a valid entry signal in real time.
***I beg of all of you not...Ignored
DislikedAstral,
I second what you said about Beastie. Actually, I'm using the original Old Beast using only 3 pairs and since October 1, 2010 I have made 5% every month with only 2.07% DD. I am up 23% so far. Totally hands off.Ignored
DislikedI have been following this method. I couldn't understand if one could have avoided a trade with this pair yesterday, as it moved >500 PIPS in one hour. Any idea how it could have been avoided?Ignored