I think that Douglas would agree with your conclusion! Here's something I remembered on the subject. Just more food for thought from a good PDF. A good chance that you've seen it already.

Trading setups around SR Zones

I think that Douglas mentions improving his overall results once he began taking partial profits (scaling out) once a position went his way in order to help offset the costs of losers. Must have been in the Zone, I think.

Trading setups around SR Zones

For sure! I didn't mean at all to imply adding to anything but a positive position. Even staying on at all, like I mentioned, with a less than net zero position wouldn't be something that I could do. Yes. Only some sort of compromise that would ...

Trading setups around SR Zones

Thanks for sharing it! I haven't really gotten into scale trading yet but, it seems like: Scaling in is in agreement with Adding to Winners. Scaling out is in agreement with Let Your Winners Run. I guess that if either your intitial position hits a ...

Trading setups around SR Zones

Great posts on the subject of position building guys. Thanks! I haven't read all the posts here on the subject but, I'll be lazy and ask my question since maybe you haven't covered it: How about scaling in and then scaling back out? Thanks! (I'm ...

Trading setups around SR Zones

OMG! This is good. I have to start following this thread.

Cesarnc's market talk, gossips, rumours & fun

Okay, I'll tell you but, First, learn how to do this: on just bar charts. Then you might be able to put together a combination of indicators that will also be able to do it. Not trying to be a smarty. Just trying to save you lots of time. ...

5 stars Indicators

It's a really interesting post! Thanks! From a couple of replies lower in the thread: (Rabid's reply to Merlin) Even though this may be, or most likely is, an improvement in the pattern game...your still playing this game with trying to distinguish ...

Psychology and MM free zone...

1) Reminds me of Livermore saying something to the effect that the only way he ever made money was by "sitting". That being said, it seems like managing trades based upon how things pan out is a good thing. 2) I can't imagine anyone who has actually ...

"Pip Obedience"

Okay, the weekend is here! Bring on the Gurus! I'm looking forward to some really good thread titles.

Weekend of the Instant Guru

A couple of thread links that may be relevent (and of interest?) to valid premise establishment based on market stucture/orders: (At least they are psychology and mm free. LOL.) Darkstar's Stucture of Forex Brokers: url Bank Flow Trading ...

Psychology and MM free zone...

Maybe not the post you mean but, a real good one IMO: darkstars stop hunting technique is a perfect example of a good premise in forex. another good forex broker premise... there is no central exchange, and therefore the bid/ask should fluctuate ...

Psychology and MM free zone...

It is really nice. BB's for breakouts work good and I really like the ATR filter. TF is a nice middle ground that most people could get used to. I'm surprised that your thread hasn't gotten more positive response, Musahi. Thanks for sharing! I hope ...

Breakout System

Deja Vu All Over Again!

Silent Service Method

Ditto from me!

Trading setups around SR Zones

How far back is relevent for you? — Is there a point where past data serves no purpose in your analysis, Clock? Do you stick with a pre-defined window and let past data fall off? Your reply to Rabid prompted my question (not to say that the ...

Silent Service Method

Nice thread Musashi. Breakout Trading Rocks!

Breakout System

I agree.

Just bought trading in the zone by Mark Douglas

Good point. I'm curious as to what people think of the chapter that I referred to. If you google "The Disciplined Trader PDF" you can read it (just talking about chapter 15) for free. Just wonder if people (with more experience than me, i.e. most ...

Just bought trading in the zone by Mark Douglas

I really doubt that this was directed toward you. Great thread! Thanks!

Silent Service Method