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Edgetrader replied Jul 10, 2009Very rare that this would happen. Hit and run. However, Maxwell's BB/DM indi seems efficient at showing traders a potential opportunity to re-enter a trade should a pair start a bit of a trend. You might consider incorporating it into your tool box. ...
EUR/GBP Trendmagic System
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Edgetrader replied Jul 9, 2009Scan the EU during the same period. Very similar pattern. These two pairs run pretty close to one another often. Decent correlation.
EUR/GBP Trendmagic System
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Edgetrader replied Jul 9, 2009Yep, Trix was initially developed as a tool to isolate divergence trading opportunities. Far better that RSI or anything else to spot these op's. It is a very nice multi-faceted indi.
EUR/GBP Trendmagic System
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Edgetrader replied Jul 9, 2009There is nothing wrong with the setup. We have a shallow GU today that is not producing follow through and PA is simply not cooperating. Just part of the deal. Other pairs are performing a bit better with deeper troughs able to get +10 a few times. ...
EUR/GBP Trendmagic System
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Edgetrader replied Jul 9, 2009Here is another. Folks should I stop trading for the day or what !!!!! Depends. What are your trading goals?
EUR/GBP Trendmagic System
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Edgetrader replied Jul 9, 2009Looks pretty close to a 14 WMA, maybe a 12. Just a guess. If used as a primer either works fine though.
EUR/GBP Trendmagic System
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Edgetrader replied Jul 9, 2009Some really nice looking charts are being posted with a few different combinations of indi's that are serving many traders well. As Paulus and others have mentioned before, the plethora of indi's available are more than adequate to serve any traders ...
EUR/GBP Trendmagic System
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Edgetrader replied Jul 8, 2009I trade the TS8 platform personally. Use script strategy including color coded candles (5M) and Renko charts (0.0005 setting) that are overlayed and based upon a 3/8 MA cross as my primer. Use base Trix histogram with setting of 3-4 dependent upon ...
EUR/GBP Trendmagic System
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Edgetrader replied Jul 8, 2009Hence the value of the FT indi that can filter out some 'iffy' trades and ensure a trader stays with the dominant trend, specifically the 1H. Nice chart here. Very high probability setups.
EUR/GBP Trendmagic System
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Edgetrader replied Jul 8, 2009Karl, I am going to speak for Notch here as well, and at my own peril. I certainly appreciate your reference as a 'guru' and to be quite honest was both humbled and embarrassed by such a compliment. I simply tried to deflect such an accolade by ...
EUR/GBP Trendmagic System
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Edgetrader replied Jul 8, 2009I trade ONLY the London/U.S. overlapping 4 hour period. Around 1100 to 1500 GMT I think as it is 0400 to 0800 or so PST. The Asian/London overlapping period is also woth noting and exploring. I think that is 0600 to 0900 GMT or 2300 to 0200 PST. As ...
EUR/GBP Trendmagic System
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Edgetrader replied Jul 8, 2009No sir. PA must cross MA first, preferable at least one 5m candle close above or below. Sm Trix and regular Trix are the triggers. Have only had the "Q" MA for a day and am looking at it closely. It is very promising as a primer. Nothing will ...
EUR/GBP Trendmagic System
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Edgetrader replied Jul 8, 2009Does this just provide an alternative to those who want to trade a bit more actively or relaxed dependent on those odd TF's?
EUR/GBP Trendmagic System
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Edgetrader replied Jul 8, 2009Thx for this. I could write 1000 posts and show 5000 trades and it would not matter. That is understandable as everyone in the world can better relate to the line "SHOW ME THE MONEY!!!!!". So be it, but you still have to do the work. You have to ...
EUR/GBP Trendmagic System
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Edgetrader replied Jul 8, 2009One more time. — Even playing around, the PA today provided yet one more set of +10's for those who wanted to give a scalping plan a go. Will check in tomorrow. Regards.
EUR/GBP Trendmagic System
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Edgetrader replied Jul 8, 2009Can you explain what the four lines of blue/red balls in the Leledc-Trend 1 1 0 0 indicator mean, and how you use them? [/quote][/quote] Agreed. Have already bumped heads on spending exorbitant amount of time recoding existing indi's and then ...
EUR/GBP Trendmagic System
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Edgetrader replied Jul 8, 2009Thank-you for this posting. I will indeed clarify this methodology by by next Monday. I do not think a new thread is needed, but lets see how these next couple of days go. The info needed to trade is held in the last 10 pages so pretty much all that ...
EUR/GBP Trendmagic System
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Edgetrader replied Jul 8, 2009Heard this before. Is redundant now. And we are all pleased as punch that you are able to laugh at your own postings. Living in a world of ONE as you do, that is a relatively simple task. Befitting your character, we shall leave the simple tasks ...
EUR/GBP Trendmagic System