Nice thread. Please post more examples. Thanks!
A Journal To Keep Myself Disciplined 0 replies
DislikedTrading like you do is interesting....
on the example you gave, you did a lots of pattern M and W's but the bad thing about it is about the subjectivity of it.
If i look at a chart 15m whatever, i see M and W's everywhere. (/O-O).
Nice to have an opinion about this.
Thanks for the thread and all the examples. It looks to be a solid method of trading.
You posted examples of a loss in Post #26. Would you mind stating the "MUST have 3 or more reasons to enter a trade" for the example posted please?
Do you count the Double Bottom / W signals as one reason or two?
As it was a potential countertrend trade would it have been better to wait for a divergence of the stochastic or do you not give any weight to this in a countertrend trade?
Being "flat" in the market can also be a good trade....Ignored
Dislikedi like this system. im using it right now, is there an indicator to determine the distance in PIPS, the current price & the moving average?
i want it to plot the distance between the 12EMA and current price, i noticed that if the distance is >40 pips, the percentage of reversal is higher.Ignored
DislikedTHANKS for that if you found an indicator like that, pls share it.Ignored
DislikedHave to know when NOT to trade too...Ignored
Dislikedtwoeleven ... hi, thanks for being to share your system, I am following it with great attention, but I'm having a problem with the graphics you posted, is that my mother language is not English and who have there written in the charts I can not understand because they do not understand english, hope I'm not asking for much, but asked to write the post so off the charts for me and other followers of your forum can an easier way via google translator view the graphics and logo have the translation next to your chart that we see, so asked if it was...Ignored
DislikedI'm not sure exactly what you are asking, but you should be able to just type what I have written on the charts into the google translator for the language you want. Happy Trading!Ignored
DislikedTwOeleven see if you understand now what I want, and this is just a favor to ask you. It's what you write on the chart that you copy and paste the chart off the chart in your post.
This makes it much easier for me to follow your reasoning, I'll put an example
pips good for you!
when price is consolidating and the moving averages are all flat and/or bunched together like this... STAY OUT! You would just be guessing which way price is going and gambling our money...Ignored