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Edgetrader replied Jul 21, 2009That is a tough one and EVERYONE here has struggled with this issue. In trading C4 at +5 levels, I think taking a -20 loss is too excessive. -10 to -13 should be about the most you take. As PA moves against you and crosses the MA opposite your ...
C4 Scalping
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Edgetrader replied Jul 21, 2009Sorry Mary, To much to do here. Just finished the edit of page 1 (again). Set it up with only the indi's shown there now. Also, make sure ALL alarms are turned off. (Tools, Options, Events, uncheck the enable box). Regards.
C4 Scalping
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Edgetrader replied Jul 21, 2009Glad you are enjoying the methodology while recouping. Take a look at the e-mini Russel 2000 also, does well there. Hope you get back in shape quickly. This can be a bit a therapy, regardless of what the Doc says. Maybe the Doc does not want you ...
C4 Scalping
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Edgetrader replied Jul 21, 2009Here is an prime example of letting PA develop. Took the initial trades based on my own personal trading without 15m conformation. PA and signals all present and entries are even a bit late as with most of my trades. Most 5m candles are closed or ...
C4 Scalping
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Edgetrader replied Jul 21, 2009This is the difference in a traders mindset as I have spoken on often. A purely 'mechanical' trader is going to fail!!!!! Has not yet reached the ability to follow price action and get into a zone when trading a pair(s). Everyone want the perfect ...
C4 Scalping
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Edgetrader replied Jul 21, 2009Sure. However, that is just guessing. I would wait until trix turned green before trying to trade it long again. I do not like guessing, I would rather act on solid information. Also, good luck playing with the beast in a full account. Regards.
C4 Scalping
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Edgetrader replied Jul 21, 2009Do you really want me to go there? Which do you prefer? Pips or cash? Regards.
C4 Scalping
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Edgetrader replied Jul 21, 2009Same ones I saw. Nice work. Not too hard to see at all. First derailed trains
Regards.C4 Scalping
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Edgetrader replied Jul 21, 2009Pullbacks are a little tricky at times. The trades I just posted are basically pullbacks, however, I MUST see PA cross MA and then head back the other way to enter. Even more, I would prefer the small trix to change color and then go back in the ...
C4 Scalping
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Edgetrader replied Jul 21, 2009First set of +5's complete. Those trading at +10 had a pretty good opportunity there also. All 5m longs with 15m confirmation. Regards.
C4 Scalping
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Edgetrader replied Jul 21, 2009Nice charts, good settups. Trading C4 with a normal account, you would have been done for the day after 1 trade. Also, look at the FOUR pairs we usually trade. ALL were in sync at the time you made your trades. Lot of bang for the buck there. You ...
C4 Scalping
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Edgetrader replied Jul 20, 2009Done for the day. Notice the four pairs at this moment. GU is lagging a bit, but STRENGTH begets STRENGTH as the all are long at very close to the same time. Pretty good way to develop a 'feel' for what the market in general is doing. Back tomorrow. ...
C4 Scalping
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Edgetrader replied Jul 20, 2009Was my own fault. Had the wrong trix on the front page. All fixed up now. My bad. Regards.
C4 Scalping
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Edgetrader replied Jul 20, 2009Agreed wholeheartedly. As PA moves above and below the MA, ventana will also turn color. There is no point in this as you are trying to turn a primer into a detonator as Ian explained. Go with the setup and indi's I posted a bit ago, same as what ...
C4 Scalping
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Edgetrader replied Jul 20, 2009The MTF is not used for signal, just confirmation. Should be set at 3,1,1,1. The ultra super trix pv should have the same 3,1,1,1 settings. I get very good signals on my screen all the time. Especially important is to have the SM trix candles ...
C4 Scalping
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Edgetrader replied Jul 20, 2009Here is a simple charts outlining why I think these are good pairs to start trading with. Quite a bit of positive correlation present daily. Strength begets strength and weakness begets weakness. Have marked the beginning of my day trading time ...
C4 Scalping