DislikedCan I use Heikin Ashi candles instead of "normal" candlestick charting without corrupting the system?Ignored
TTFN Merlyn
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DislikedCan I use Heikin Ashi candles instead of "normal" candlestick charting without corrupting the system?Ignored
DislikedA great post. LG is possible for you to put on Page1 as an addendum to your opening thread to assist newcomers. Just a suggestionIgnored
DislikedCan I use Heikin Ashi candles instead of "normal" candlestick charting without corrupting the system?Ignored
DislikedI got here late on this one. But you know LG. some need to vent and some need to just find another thread. I'd say the later. And I think thats the kindest I can be on that.Ignored
DislikedA great post. LG is possible for you to put on Page1 as an addendum to your opening thread to assist newcomers. Just a suggestionIgnored
DislikedA great way to end the week...
I'll calling it quits for the week. Happy weekend to all!Ignored
DislikedHey guys,
I'm trying to come up with good values for Breakout levels. I know that it's best to watch candle strength, wait for closes on smaller TF, etc. However, sometimes I am not able to stay around my machine and would just like to play around with some set and forget levels, similarly to how LG mentions she sometimes does this before she goes to bed in post 1.
For instance, we could use upper BO level + 1 ATR(500) as a Buy Stop level and lower BO level - 1 ATR(500) as a Sell Stop level. We could then use the lower BO level as a stop for...Ignored
DislikedCrucialCraig:
I will be interested in coming up with a mechanical break out levels. I have a similar problem of not staying in front of computer during the London or New York session because of my time zone and work schedule. I have been playing with H1 4C BO [color=black][font=Verdana]for some time with a mechanical buy/sale stop order with not much success. I live in west coast so I set my stop order...Ignored
Lets see what we can come up with once some of the higher level traders can give us some input.
How much room have you been leaving between the BO lines and your buy/sell stops? I think we need a minimum of around 15-30 pips. Anything less than that would surely get triggered on false breakouts. The smart idea might be even 30+. This is where I'm hoping LG can help us out since she has so much experience with these BO trades.
-CC