I like 'em as well, need to adjust to 'em, but got whipped pretty good on AJ today.

ALF revisited - simple, effective daytrading

I'll take a stab at it and say no repaint. It's pretty much either on or off based upon the open of the candle on the other side of the alf. MM

ALF revisited - simple, effective daytrading

I had no issues loading the beta.

ALF revisited - simple, effective daytrading

Read the whole thread, starting with just Lou's posts. Flyer415 has made it simple for us here url

ALF revisited - simple, effective daytrading

Aj entry... — the book. Waited for green candle crossing ALF to close. Entered @ 77.00, H1 and H4 were both in agreement. A no brainer, to use BRV's terminology, if I may. Edit: trade exited for +40.9 pips after price stabilized and waffled ...

ALF revisited - simple, effective daytrading

First, reread post 1. Reread until something clicks. (hint: it may be an aha moment) I highly suggest reading Lou's first ALF/TVI thread. If you've done your homework, you're waiting for the green and red colors.

ALF revisited - simple, effective daytrading

Just click on the stars rating in the upper right corner underneath the paper clip. Voila!

ALF revisited - simple, effective daytrading

Here's my understanding of what they are after watching price action a bit. White candles are the bullish candles (provided that white is the setting you have in your chart properties) with the green portion being the part that broke resistance ...

ALF revisited - simple, effective daytrading

May your grandson take after you then......truely gifted. Thank you for a wonderful method Lou.

ALF revisited - simple, effective daytrading

I agree wholeheartedly, was just answering their question. When I posted that chart I was reading thru the other thread and came upon the whole discussion of it. Kinda why I dropped them from my charts...... it's amazing how little "work" people ...

ALF revisited - simple, effective daytrading

Drag it over to the indicator panel 2 more times.

ALF revisited - simple, effective daytrading

just a news indicator. Can't post the the link to the other forum but search (yahoo google) for in10tion and you'll find it. And the clock is p4l here on ff.

ALF revisited - simple, effective daytrading

Nothing has changed on the entry. The candles just help you see market conditions a little better.

ALF revisited - simple, effective daytrading

GU long... — @ 1.45341 right after candle turned green. Moved against me roughly 6 pips and had thought about closing it for a loss, but something told me to hold it. Closed @ 1.4558 for +23.9 MM

ALF revisited - simple, effective daytrading

In the first chart, you simply entered too late. I personally would have entered upon the candle turning red or within a couple pips. Or you could have taken 10 pips but chose not to. Maybe you should shoot for 10 pips until you get a "feel" for the ...

ALF revisited - simple, effective daytrading

Thanks to you Lou!

ALF revisited - simple, effective daytrading

Exited AJ for... — Exited 1/2 at 74.933 for +37 at hesitation and moved my stop to 75.10 for a lock of +20 for the rest, but decided to close the last half @ 74.77 when it pulled back for +53 more for a total of 90 pips tonight. Think I'm done ...

ALF revisited - simple, effective daytrading

First entry ... — of the week off to a good start, looking for a possible +30, but will bail if it hesitates at previous support @75.10. image

ALF revisited - simple, effective daytrading

I was reading thru the original thread over the weekend and just wanted to respond to this. If you can't get over the fact that you are gonna leave pips on the table, walk away now before you lose everything. Greed and fear has no place in trading. ...

ALF revisited - simple, effective daytrading

Whatever it is that the READER is trying to make bigger and more complex. So it's relative to what you as the reader of this is applying it to. We humans tend to overthink and make things more complex, just in our nature. MM

ALF revisited - simple, effective daytrading