Cut your Losers short and let your Winners run.
- #1,042
- Jan 27, 2014 9:55am Jan 27, 2014 9:55am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
Cut your Losers short and let your Winners run.
- #1,044
- Edited Jan 28, 2014 3:01am Jan 27, 2014 12:05pm | Edited Jan 28, 2014 3:01am
{quote} 123 V6. I have not needed an indicator to identify 123s for some time, I had it on my charts for the benefit of others to show how to use it. All the indicator I use can be found in the attachments section!! I have done several posts covering this. http://www.forexfactory.com/showthre...76#post6731476 TDI. I have always used this one because it does not repaint. http://www.forexfactory.com/attachme...mentid=1207482 If you want the arrows indicating a TDI cross, use this. http://www.forexfactory.com/attachme...mentid=1207470...
Probably I'm arrogant but...
@ "123 v6" had other options as far as I remember? http://clip2net.com/s/6GNywP
@ I also can not understand the meaning of "TMS Osc"?
@ In "TDI" unless the crossing of the red and blue line also divergence anything else?
@ http://www.forexfactory.com/showthre...04#post7205604 gives an error when opening...
Thanks in advance and I promise I'll leave you alone
- #1,045
- Jan 28, 2014 4:39am Jan 28, 2014 4:39am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
{quote} Thank you very much!!! Probably I'm arrogant but... @ "123 v6" had other options as far as I remember? http://clip2net.com/s/6GNywP @ I also can not understand the meaning of "TMS Osc"? @ In "TDI" unless the crossing of the red and blue line also divergence anything else? @ http://www.forexfactory.com/showthre...04#post7205604 gives an error when opening... Thanks in advance and I promise I'll leave you alone
TMS Osc. Put it on a chart, what do you see??
TDI. Tdi indicator is part of the Trading Made Simple method. http://www.forexfactory.com/showthread.php?t=291622
The links open fine when I click on them.
Cut your Losers short and let your Winners run.
- #1,046
- Edited 10:03am Jan 28, 2014 7:02am | Edited 10:03am
{quote} Read this thread from the beginning, all the information you need has been covered. This is not a large thread and would only take an hour to read through. TMS Osc. Put it on a chart, what do you see?? TDI. Tdi indicator is part of the Trading Made Simple method. http://www.forexfactory.com/showthread.php?t=291622 The links open fine when I click on them.
I saw what the chart shows "TMS" but I see no use for it ....
Today so far made 10 dollars thanks to your way interpreted by me
For now is just a sample with a small amount to get familiar with the details.
Thank you
================
Final: +18 $ E/D
dee50 !
- #1,047
- Jan 28, 2014 8:20am Jan 28, 2014 8:20am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
Cut your Losers short and let your Winners run.
- #1,048
- Jan 29, 2014 10:37am Jan 29, 2014 10:37am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
UJ +31 +86. 123 Entry. Split the TP. And trailed stop behind last candle, who would have known?
EJ +30 +117. 123 Entry. Split TP and trailed stop behind last candle, who would have known?
This is a strange game, 2 identical entries at practically the same time following the same pattern down. neither of which I expected to go as far as they have, do not get me wrong I am not complaining, but trying to figure this market out
I have 2 workstations and the charts are setup slightly differently on each so do not get confused.
EJ +30 +117. 123 Entry. Split TP and trailed stop behind last candle, who would have known?
This is a strange game, 2 identical entries at practically the same time following the same pattern down. neither of which I expected to go as far as they have, do not get me wrong I am not complaining, but trying to figure this market out
I have 2 workstations and the charts are setup slightly differently on each so do not get confused.
Cut your Losers short and let your Winners run.
- #1,049
- Jan 29, 2014 11:22am Jan 29, 2014 11:22am
UJ +31 +86. 123 Entry. Split the TP. And trailed stop behind last candle, who would have known? EJ +30 +117. 123 Entry. Split TP and trailed stop behind last candle, who would have known? This is a strange game, 2 identical entries at practically the same time following the same pattern down. neither of which I expected to go as far as they have, do not get me wrong I am not complaining, but trying to figure this market out
, it seems that no one can no how deep the rabbit whole could go, right ?I really find it difficult to be in the right time at the right place , do you use more than one monitor or more than once workstation at the same time to see where a chance could pop up and jump just right in time ?
- #1,051
- Jan 29, 2014 1:02pm Jan 29, 2014 1:02pm
- Joined Jul 2010 | Status: Retired | 3,621 Posts
Cut your Losers short and let your Winners run.
- #1,052
- Jan 29, 2014 1:10pm Jan 29, 2014 1:10pm
- Joined Jul 2010 | Status: Retired | 3,621 Posts
{quote} Nice work Dee....
I only use 1 monitor and the reason I have 2 workstations is that my wife uses one for her work, when she needs more processing power we swap.
If you do not see an opportunity on 1 monitor, having multiple monitors does not make it any clearer, I actually used to run with 2 large monitors but I found it distracting, I never had the urge to be a pilot so multiple information points was too much for me. Multiple monitors are useful if you want to watch more than 4 pairs, although I could never figure out why someone would need to.
Cut your Losers short and let your Winners run.
- #1,054
- Jan 30, 2014 9:44am Jan 30, 2014 9:44am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
EU +25 Pip, 123 entry right after breaking the pinbar , it could be more if waited more but I'm really happy with this winning trade. {image}
Well done.
You have got 25 pips more than me today! I have dithered, I procrastinated so much that I have missed every opportunity today. It was so bad that I shut down and went and cut some firewood for a few hours.Lesson. If you are not in the right frame of mind, no matter what level of experience, do not trade. Go and do something else.
Cut your Losers short and let your Winners run.
- #1,056
- Jan 30, 2014 10:41am Jan 30, 2014 10:41am
{quote} Well done.
Hah....I'm in that state most of the time
....and no woods for me to cut but seems today was an exception, I was under the impression that this is only happening to me because I'm a newbie , it's good to know that even experienced traders could have some , it looks to me a better way to look to things , just like what you said before , that if you are not seeing a chance presenting itself then just simply walk away from it.Thanks for the advice.
Cheer up Dee
- #1,057
- Jan 30, 2014 1:23pm Jan 30, 2014 1:23pm
- Joined Jul 2010 | Status: Retired | 3,621 Posts
Cut your Losers short and let your Winners run.
Hi Dee,
EU was in prison for the past few days and today was just released.......
You may noticed that Meta trader is automatically updated on any restart for build 600 , I noticed that the platform gets stuck and freeze for many times, I started to debug and see what could get wrong, at last I found that whenever the platform starts it tries to load the 123 indicator, during that loading it hangs for a while and for some reason it's related to Zigzag depth that is used with 123 indicator , after many tries and a lot of working around I ended up removing the 123 indicator and everything worked smoothly with the new update, I already recognize the 123 pattern visually and it's not a big deal to use the indicator for.
I just wanted to share this with you as I know that you may face the problem.
waiting to see you after the NFP tomorrow....Good luck
EU was in prison for the past few days and today was just released.......
You may noticed that Meta trader is automatically updated on any restart for build 600 , I noticed that the platform gets stuck and freeze for many times, I started to debug and see what could get wrong, at last I found that whenever the platform starts it tries to load the 123 indicator, during that loading it hangs for a while and for some reason it's related to Zigzag depth that is used with 123 indicator , after many tries and a lot of working around I ended up removing the 123 indicator and everything worked smoothly with the new update, I already recognize the 123 pattern visually and it's not a big deal to use the indicator for.
I just wanted to share this with you as I know that you may face the problem.
waiting to see you after the NFP tomorrow....Good luck