DislikedEntry levels of the last two hours today. There are only two position stopped out if you use tight stop.Ignored
Thanks Harrington
Yesterday I tried to trade in a non trending market and as you told us well I met my trading loss max.
Today up for the London opening and voila met the targets
HH has in his template the shadows missing from the charts and so the 3 balls always stand out from the chart.ha!
Please someone confirm that I am interpreting correctly HH says to make sure the 15 min chart ha IS COLOR YOU WANT TO MOVE TOWARD
After a three ball on the min minute chart you need 5 pips beyond the MA (8) and MACD confirmation and Stochastics in teh direction of the move.
Please someone confirm that I am interpreting correctly HH says to make sure the 15 min chart ha IS COLOR YOU WANT TO MOVE TOWARD
After a three ball on the min minute chart you need 5 pips beyond the MA (8) and MACD confirmation and Stochastics in teh direction of the move.
Trading Consultants Inc JJG
HH,
Assuming I enter a long based on your rules a three ball below 15 min red uptrend HA correct stochastics points up and macd complete cross I take the trade for 6 pips. ( no greed here) however after retrace get the retrace net ball is there a suggested pips above the ma or just trse the retrace in the same direction assuming 15 HA still intact. I seemed to do ok today just going back as soon as the ball pops ...... But perhaps just lucky in an uptrend sins are often forgiven.
Assuming I enter a long based on your rules a three ball below 15 min red uptrend HA correct stochastics points up and macd complete cross I take the trade for 6 pips. ( no greed here) however after retrace get the retrace net ball is there a suggested pips above the ma or just trse the retrace in the same direction assuming 15 HA still intact. I seemed to do ok today just going back as soon as the ball pops ...... But perhaps just lucky in an uptrend sins are often forgiven.
Trading Consultants Inc JJG
Currently in two trades from the 2 balls of the 15 minute chart. These will be the last for tonight.
727672 taken at 8:45 EST 1.21434
727711 taken at 8:14 EST 1.21327
Check my explorer to see how they work out
Action looks pretty solid even though I am down at the moment
the 15 minute HA just turned blue
ENTRY OK FOR THE 1 MINUTE NOW SO WE SHOULD GET SOME ACTION
Currently down 8.5 pips and up 1.0 pips
727672 taken at 8:45 EST 1.21434
727711 taken at 8:14 EST 1.21327
Check my explorer to see how they work out
Action looks pretty solid even though I am down at the moment
the 15 minute HA just turned blue
ENTRY OK FOR THE 1 MINUTE NOW SO WE SHOULD GET SOME ACTION
Currently down 8.5 pips and up 1.0 pips
Trading Consultants Inc JJG
HH has in his template the shadows missing from the charts and so the 3 balls always stand out from the chart.ha!
Please someone confirm that I am interpreting correctly HH says to make sure the 15 min chart ha IS COLOR YOU WANT TO MOVE TOWARD
After a three ball on the min minute chart you need 5 pips beyond the MA (8) and MACD confirmation and Stochastics in teh direction of the move.
- #875
- Edited 7:19am Jul 26, 2012 7:01am | Edited 7:19am
- | Commercial User | Joined May 2012 | 332 Posts
I am so excited about this trading process. but now Decision time.
The reasonableness of my strategy is ... ( I have sold short at each downturn see the brief red zones)
I failed to hold my longs put on early this AM after reading the forum inputs
Never again I will trade what I see and care not what I read
HH you de man
The reasonableness of my strategy is ... ( I have sold short at each downturn see the brief red zones)
I failed to hold my longs put on early this AM after reading the forum inputs
Never again I will trade what I see and care not what I read
HH you de man
Trading Consultants Inc JJG
- #878
- Edited 9:57am Jul 26, 2012 8:34am | Edited 9:57am
- | Commercial User | Joined May 2012 | 332 Posts
HH indicates that the strategy can be extended. His idea is to turn a 1 minute trade into a 15 minute trade. For me this process
Had I believed my eyes instead of reading my forums I would have had a 1 minute trade turn into a 2 hour trade.
This forum has many threads find one that suits you and contribute to it.
HH began with a clear explanation of what it was and was not. He clearly indicates that his goal is to extend a short trade into a longer term one. What he has explains makes sense to me. I am always amazed when someone begins with " this is not a negative post"
I judge things based on the time ther person has devoted to the effort HH has done alot in my opinion Moreover he has asked nothing except that we refrain from questions until we have read the thread.
I know this works for me .... so again I say thanks HH
Had I believed my eyes instead of reading my forums I would have had a 1 minute trade turn into a 2 hour trade.
This forum has many threads find one that suits you and contribute to it.
HH began with a clear explanation of what it was and was not. He clearly indicates that his goal is to extend a short trade into a longer term one. What he has explains makes sense to me. I am always amazed when someone begins with " this is not a negative post"
I judge things based on the time ther person has devoted to the effort HH has done alot in my opinion Moreover he has asked nothing except that we refrain from questions until we have read the thread.
I know this works for me .... so again I say thanks HH
Hello all
First of all this is not a negative post.
The only saving grace of this method is that the stop loss is based on the 1min tf and the profit level is targeted on the higher timeframe.
However, it will take far more discipline and concentration for most to bear. Did I mention the utter boredom of constantly taking trades?
Taking trades on 1min tf for profit level to be taken on 15min or 1hr is the same principal as taking trades on 4hr tf and taking profit levels on daily or weekly.
I have literally rubbed shoulders with many giants...
Trading Consultants Inc JJG