The more you trade the less you earn.
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Dislikedabrund,
YOu did correct!
That was a SELL signal. Now you must wait until you see an opposing Extreme Spike. It is normal for an order to have some pullback. But remember, you should also have a 50pip stoploss in place just in case the market moves against you.
NO system is 100% accurate or perfect. There will be instances where you will have a loosing trade.
Remember to keep to the strategy and the be consistant and you will be fine. This system will improve your trading skills; but the biggest obsticule to success is...Ignored
DislikedHi Ev
Now you must wait until you see an opposing Extreme Spike.
I was asking about this comment made previously.
ThanksIgnored
DislikedHi EV
The system is really awesome !!
But Can it also work well in spot metals trading like Gold & silverIgnored
DislikedI would think so but I have not tried in commodities.
I would think the same elements of GREED and FEAR (i.e. Extreme, Emotion, Sentiment, and Trend) exist in those areas as well.
Try it with demo and let us know how it works for you.
eval.Ignored
DislikedI would think so but I have not tried in commodities.
I would think the same elements of GREED and FEAR (i.e. Extreme, Emotion, Sentiment, and Trend) exist in those areas as well.
Try it with demo and let us know how it works for you.
eval.Ignored
Dislikedbetter not only focus on indi ...we should collaborate all data we have. if not we could be trapped
example : there is gap should be broken firstIgnored
DislikedI am sure the opening gap will be closed.....nature abhors a vacum.Ignored
Dislikedwhen extreme,emotion,sentiment and trend say 1 direction...why we still use SL ?
does it mean there is other factor move the market bro ? ( prev, u said market is driven by 4 elements. but imho........... market is driven by market maker )Ignored
QuoteDislikedP.S. Please remember that Central Bank Action, Global Events, and News Events do make the market unpredictable so, erratic moves are possible with any trading system therfore, trade responsibily and always use stops.
DislikedThere will be times that the system will be wrong NO system is 100% all the time. Stoploss is there to protect your account. That is part of proper money managment. Remember what I said in post#1. There are unseen events that will occur...you can take that one to the bank and it WILL cash!Ignored
DislikedNah that's what i mean there is still other factor...... not the element only as u said .
Am not a programmer ......... but thing that i know the indi is created based on assumption .... that's why there is parameter setting etc etc. remember that u ever change from m5 to m30 then change several setting ( i forgot exactly what parameter it is )
That's why i always say we should collaborate leading and lagging..... not only trust on indi it self.
Aniway i'm still learning my friend ....... i want to share also my experience not to trust 100 %...Ignored
Dislikediqyu5an,
Your comments are most helpful and instructive. They are helping the process and I feel honored to see you post and opinions. I find them very informative and PLEASE do not stop.
As to your question of Supply and Demand....yes there will always be supply and demand.....the four elements just are influences on those basic economic factors.
All I am saying is they (supply and demand) are there but are influences by the four elements.
eval.Ignored