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Edgetrader replied Aug 12, 2009I would respectfully ask this be cleared up on the other thread. We are close to forcing integration of two trading plans here. Unfortunately, I am a segregationist with regards to trading plans. Thanks and, Regards.
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Edgetrader replied Aug 12, 2009Not quite that easy. S/R and ranges on the 5m candlestick charts are sketchy at best. Regards.
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Edgetrader replied Aug 12, 2009And I will oblige. Nice give and take going on between yourself, Frank, FXStar and Glen. Several good points for each in your postings. The 75% mental is indeed directly connected to the discretionary aspect of trading this methodology. I am aware ...
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Edgetrader replied Aug 12, 2009Setups look fine. Take only trades with the dominant trend to start. Regards.
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Edgetrader replied Aug 12, 2009David, please put all four Nitro pairs up and mark the same block on the others as you did on GY. What was the OVERALL market telling a trader at that time. GY is not a leader, it simply moves quickly. Has 2x the volatility of other pairs. Show a ...
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Edgetrader replied Aug 11, 2009Think I will take a pass on MM and TP and SL and win/loss v. profit expectancy issues permanently. I have posted so many times on these issues that it has just become so redundant as to be uninteresting at all. Who knows what is viable any more? ...
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Edgetrader replied Aug 11, 2009No problem Just giving some grief to you and FxSpeedster. Everyone has to trade what they are comfortable with. Regards.
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Edgetrader replied Aug 11, 2009Sounds great. I am willing to sit back and let the thread trade renko without any indi confirmation at all. Looking forward to the chart shots to come. Will definitely force many to watch PA there now and will let them decide how to best utilize any ...
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Edgetrader replied Aug 11, 2009Got it. Thanks. Waiting and will advise once work is done today. Regards.
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Edgetrader replied Aug 11, 2009Looks good. Does the 'bomb' meter match well with the Dx meter or is it independent and based on something else? Regards.
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Edgetrader replied Aug 11, 2009"I know most of you using Renko do not want to hear this but there are serious drawbacks using Renko. I was one determined Renko user until 2 days ago when things just dawned on me such as: 1. Renko repaints - what you see is not what you get Pretty ...
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Edgetrader replied Aug 11, 2009Sure. When you procure that crystal ball that foretells PA in the future, dont forget the good old FF share concept. Regards.
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Edgetrader replied Aug 11, 2009I see ONE signal. Therefore I can expect a high probability of ONE trade.
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Edgetrader replied Aug 11, 2009How long exactly have you been trading 'true' Renko? Never. Momentum does not matter? My entire trading life has revolved around momentum affecting PA. Momentum affects everything. Without being able to gage such, you lose! I don't care what plan a ...
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Edgetrader replied Aug 11, 2009A break of 'L' would be my preference. I look to take few trades with high quality setups and beat feet. Will seek to stack odds in my favor as much as possible. When PA is channeled, I take everything and do the best I can. Remember, in Nitro ...
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Edgetrader replied Aug 11, 2009Isolate the losing trades only. Look at the entry! What was MARKET PA telling you? Regards.
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Edgetrader replied Aug 11, 2009Am conservative by nature, have said this before. Just because you see me take counter-trend trades does not mean I promote such. Am a tad further along in this methodology than some. What have the Nitro pairs offered for the past 2 days? What is ...
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