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RickM replied Jan 5, 2018It always looks so easy to understand on paper, in the real live trading world, traders seem to always make things so complicated.
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RickM replied Jan 5, 2018Hi rpvrpv Have you tried adding the 50 ema and the 200 ema instead. Now you have what we call the power of the 10 ema. Search for discussions here on this thread and if will guide you in forming a trend Bias
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RickM replied Jan 5, 2018Thanks for your input. I will see if price reacts in that area and close for a reasonable profit if it takes effect. I normally close all H4 trades at end of week even if trades going well
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RickM replied Jan 5, 2018USDJPY - Back to trading Bars with INTENT Shouldn't we just follow the big players moves. They are always ahead of the news. In fact if you follow the weekly chart, almost all news moves the market in that direction. Even Trumps win did not effect ...
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RickM replied Jan 5, 2018How true is that statement. Here is the real issue, whether its trending long or short, do traders have the correct money management and a plan to capitalise on that movement. How many times do you hear a trader say they wished they had jumped on ...
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RickM replied Jan 4, 2018NZDJPY - Long for a easy 75 pips I had probably got out of this trade too early here but I was away from my charts all day so just closed trade to be safe. But I will bet anyone here it will probably run up to the monthly line at 80.93. That may ...
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RickM replied Jan 4, 2018Here's a live trade just enter 60 minutes ago on my Kings Box Strategy GBPJPY - Long - Intent to move away from Consolidation Price action has been compressed around a monthly line at 152.33 for a week. This is an area that has been tested before in ...
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RickM replied Jan 4, 2018Hi Nigpig Thanks for that information, these are the stories by traders that help guide us all in the right direction. We don't need traders here with big Ego's. My guess is somewhere around 5000 hours of screen time is needed to really get a good ...
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RickM replied Jan 4, 2018Hi Nigpig what candle shapes do you trade, always interesting to see what the thought processes of other traders are.
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RickM replied Jan 4, 2018EURJPY - Time to take profit A Kings Bar has presented itself around the Monthly Resistance line. I am looking to close trade and await for a Kings Box to form.
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RickM replied Jan 4, 2018Yes, I actually formed a 123 on a separate chart to see if the trade meet your rules - which it did.
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RickM replied Jan 4, 2018Hi Malony If you feel Davit's system is so good, why have you posted almost nothing on his forum for weeks ?. No Charts, No comments. I like Davit's methods a lot and he trades with confidence. I just feel that the TMS system here fits my style ...
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RickM replied Jan 4, 2018Hey Divergence That wasn't a indicator I saw on your chart ?. Oh that was emm's. Keep than TDI on those charts and your'e keep everyone happy. Good call by the way.
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RickM replied Jan 4, 2018GBPAUD Hi Emmanuel, this is tough one to work out for me as my Bias is Sell. I see too much local resistance to jump in long and go against my Bias at this stage. The recent engulfing candle is mouth watering though. I took the last Sell setup ...
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RickM replied Jan 4, 2018I like this trade by Tekkies, a good Green bounce of Red trade on the GBPUSD. If you were watching GBPUSD at the time, you could see a small level of congestion around the top with lots of small candles. That's was preventing any movement north and ...
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RickM replied Jan 4, 2018EURUSD - A good Continuation trade with TDI cross above the 50 Line. - Trade taken on H1 Chart There is resistance at the last high but I feel these candles have INTENT. The question is will the ADP Non Farm Results this week change the story. I ...
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RickM replied Jan 4, 2018Hi Cableguy Good information on your chart. Quick question, what time frame suits this style because I presume your in & out fairly quickly.
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RickM replied Jan 3, 2018Looks like a good idea, I will run it through a demo next week
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RickM replied Jan 3, 2018Yes, but I attempt to stay in trade for a few days so I don’t want to be the first one to the party.
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