if only i was at the comp at 630 could have gotten a win short then it formed 123 at bottom the candle was too big and spread was abnormally high at 2.5 which made it too big but that also won it will be hard to not over trade. also guys you can do this if you want i did but if you feel comfortable leave it after long hard thought i came to the conclusion i really dont need the rsi because even when it forms divergence we are still looking for a 123 to confirm well these happen at end of trends anyway. also sometimes it influences my decisions on trades sometimes when i see over bought /over sold and basiclly thats not what this is about its about price action and letting the market determine what direction it is going and we follow the yellow brick road. i want nothing to influence me except GOD and price action in that order lol so the 2 indicators are for entry only based on P A
well not realy tim we are still short till 38 level is taken out which it just did as i am writting this even though i am done wee wait for pullback now to go long uptrend is confirmed
i hope all you guys are comfortable with the little tweek to the method if not let me know i am extremely confident but thats me you need to be at that level also then you will be a lean mean forex machine
if only i was at the comp at 630 could have gotten a win short then it formed 123 at bottom the candle was too big and spread was abnormally high at 2.5 which made it too big but that also won it will be hard to not over trade. also guys you can do this if you want i did but if you feel comfortable leave it after long hard thought i came to the conclusion i really dont need the rsi because even when it forms divergence we are still looking for a 123 to confirm well these happen at end of trends anyway. also sometimes it influences my decisions on...
i hope all you guys are comfortable with the little tweek to the method if not let me know i am extremely confident but thats me you need to be at that level also then you will be a lean mean forex machine
Ignored
Yes Div I like it a lot, finding the trend is now a lot better, Took a short on EJ for +12
if only i was at the comp at 630 could have gotten a win short then it formed 123 at bottom the candle was too big and spread was abnormally high at 2.5 which made it too big but that also won it will be hard to not over trade. also guys you can do this if you want i did but if you feel comfortable leave it after long hard thought i came to the conclusion i really dont need the rsi because even when it forms divergence we are still looking for a 123 to confirm well these happen at end of trends anyway. also sometimes it influences my decisions on...
Ignored
RSI showing me divergence keeps me from going to the well too many times. Will definitely keep it.
i hope all you guys are comfortable with the little tweek to the method if not let me know i am extremely confident but thats me you need to be at that level also then you will be a lean mean forex machine
Ignored
yes it seems to be fine, I have looked back the charts and one thing: I have been afraid of the tighter stop placement but it seems to me it forces the trader to take only best setups when there's obvious momentum and where's the big chance it never looks back until at target or at least be. The single-line approach is ingenious, thank you. Will keep the rsi just for the div giving confidence sometimes. Maybe I'll drop it with time.
what will keep you from going to the well is to just check out the peaks in an uptrend and the troughs in a down trend when you get 3 it pretty much is it for 1 side like the move down thats where we look for the 123 to reverse you know once you spot and understand the market structure finding the setups comes pretty easy
Testing new rules. EJ LH quickie closed. GU 123 quickie (wow, that was quick) closed. EU LH quickie closed manually for 30 pips a bit later because I've had the RR set to 2:1 by accident. Didn't take the aussie quickie since there was a HH, no 123, previous high wasn't broken. Let's see if we get a reversal now. If not, we go short. Bada boom.
well the 1 line senario to locate last lower high or higher low was what i was doing and i think while i was teaching how support turns into resistence and visa versa i kinda lost track of where the trend was on 5 minute chart it can happen to the best of traders that are far better than me bottom line i got focus back and have helped the rest get the focus we will kill them this month
i hope all you guys are comfortable with the little tweek to the method if not let me know i am extremely confident but thats me you need to be at that level also then you will be a lean mean forex machine
+++++++++++++++++
I saw one hour of it because of the recording by spoty. Looks like I won't be able to see the whole thing until Weds when I finally get internet at my new place. I should have had internet by Friday, however the business model is diff here than Calif.
What I did see looks quite promising. I must say "Kudos" to you for continuing to perfect this method.
Thanks,
(the other) D
