I'll have a closer look tomorrow. Sounds great up to now!Originally Posted by ;
I'll have a closer look tomorrow. Sounds great up to now!Originally Posted by ;
my guess ? . . .because its not a strategy. .
A system includes 5 components that needs to be described:
1. markets
2. Setup
3. Trade dimensions
4. Entrance rule
5. Exit rule
youve been talking about # 2 only...
Can you see it
it has 4 - other then what you should place in which is a personalthing
The system sure does look promising so far.Am a newbie,and cant wait till next week to test it.Are there some currencies which you recommend one to trade or some that mets the stated conditions?
I enjoy this trading method you have developed. Reading your yield rate is remarkable also. I visit where you can get trapped in cerntain markets. Markets like the cable through prime trading hours. Speedy movement will blow through channels. I've got some tips that may help or not. But I would like for you to use it to your method and tell me the results in a PM. I enjoy the fact that you're using candles. However, those candles are much less accurate as the Haiken-i (Jap.) candlesticks. The use of the sar is sublime. Neverever commerce against the sar. The sar is that the trendline the market draws. Wait for the sar to crash in the priceline to get a reversal. Happens 9 out of 10. It is possible to use the Directional Movement Index to allow you to know when price is trending and also the bollinger bands(20,2 Exp.) To contain the price and plot its own impending direction. The only defect I see on your method is the way you're receiving your s/r. We all know trendlines form s/r, but the banks, countries, and commercial traders are alll working with the same s/r lines. And they're drawn to a horizontal axis. I'd really like to here the results of this test. And in case you have any questions about any of those indiors and the best way to plot them, just ask.
Originally Posted by ;
Do you see the macd negative divergence the signaled the downward tendency?
Originally Posted by ;
I did keep eye on it - I always do I use the MACDH not the the macd as a few doOriginally Posted by ;
but the arrows show where
that the 1st the breaks back beneath the 3 hour( I think) channel
that the 2nd arrow is a simple cross of the 18 beneath the 28 wma
Lots of good things here within the last year I am trying to make thing easyOriginally Posted by ;
that I love the BBands - I found the DMI system to slow - down the haiken ashi are a great system - I played with then a couple of years back but I could never guess were the authentic price was drove me nuts
( My wife say its a brief drive)
the horizonal axis not certain what that is? What's in infact
that I love the sar - utilize the as a buy sell hint
if you would like to really utilize them fall down one time period!!! From the time period you are trading on
use them that way - and you are right never trade againthe little guys - esp about the 15 min chart
Thank you
The BBands will inform of retracements or reversals, the DMI is a lagging indior as most indiors, but the ADX climbs using the tendency, the hieken-ashi is a leading indior. You have to understand what the signs mean the candles always give. The horizontal axis is a straight line drawn over time. The s/r points over the afternoon to the 30 min charts are significant prices. All these are the prices the big boys do their profit taking and reversals on. I completely concur with ease. It's the way I trade. Predicting market leadership is a science of understanding what moves the market and the way to find this motion as its occurring.
Originally Posted by ;