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Edgetrader replied Jun 26, 2009Lets put this to rest! — Have reviewed you chart, along with your subsequent posting and also the responses to your post from a few other thread followers. I appreciate your acknowledging my efforts and hope this will finally shed light on ...
EUR/GBP Trendmagic System
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Edgetrader replied Jun 26, 2009I use Heiken Ashi candles as opposed to the 'normal' candles you are showing. Yeah, 7 WMA on the 5 pip plan.
EUR/GBP Trendmagic System
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Edgetrader replied Jun 26, 2009Blatant !!! — You simply have to TRY to miss these longs.
EUR/GBP Trendmagic System
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Edgetrader replied Jun 26, 2009Will also address prudent use of a 'martingale' this weekend. As a scalper, again, you are a pure probability theory trader. Simply stated, if you are trading a decent plan (EDGE) and have faith in said plan, then after a loss or two you simply ...
EUR/GBP Trendmagic System
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Edgetrader replied Jun 26, 2009Scalping — Have two separate setups to use if you wish. Chart 1 is a +5 plan. 14 WMA Trix is 2.1.false, 1500 Stoch is 5,3,1,60,40 How many +5's can you see in todays session on the pairs shown? Chart 2 is +10 Plan. 7/14 WMA Tris set at ...
EUR/GBP Trendmagic System
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Edgetrader replied Jun 26, 2009The defense rests. I am working on lots of stuff folks. It has been an excellent week and even today is a positive day. The fact that there are some experiencing 'frustration' is a tell tale indi that there is mental work to be done. In short, if ...
EUR/GBP Trendmagic System
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Edgetrader replied Jun 26, 2009Not sure I see the loss. You are not using HA candles either. Short was there, your entry at around 1.6485. Low reached about 1.6465 before a long signal was generated. HA never closed above MA. Yes, was very erratic, typical Friday PA. Also, Trix ...
EUR/GBP Trendmagic System
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Edgetrader replied Jun 25, 2009Options. — So many indi combinations possible here. If a trader is really interested in 5M trading, this is simply a treasure chest of relatively reliable indicator possibilities. Have a few primers and triggers to chose from. Good options ...
EUR/GBP Trendmagic System
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Edgetrader replied Jun 25, 2009Trying to inject a modicum of levity into these trials and tribulations sessions.

EUR/GBP Trendmagic System
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Edgetrader replied Jun 25, 2009Well, I did not trade the first red circled long as I had not began trading today as of that time. My first EU trade was the short that followed. Has a range of around 20 pips though, a bit tight but would have lost very little on the trade even if ...
EUR/GBP Trendmagic System
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Edgetrader replied Jun 25, 2009Good post. I think I am confusing folks more than anything else here. Paul has given you the setup, I think everyone should just go with it as stated. I am trying something contrary to Paul and will keep my yap shut until I have something on this ...
EUR/GBP Trendmagic System
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Edgetrader replied Jun 25, 2009These solid trading plans set forth with this thread will never be the proverbial 'Holy Grail', but possibly can be presented as a "Golden Pail". As long as most people are able to gleen some useful trading ideas from the thread, all is good. ...
EUR/GBP Trendmagic System
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Edgetrader replied Jun 25, 2009If true, then we take 217 different paths and still end up in the same place. At the bank withdrawing solid pip gains! More ammo to extend the thread with Friday.
EUR/GBP Trendmagic System
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Edgetrader replied Jun 25, 2009Yeah, but I cannot seem to get my mind around that. As shown in the chart shots, the settings I am going to try match up colorwise with simple longs (white rising stoch) and shorts (black falling stoch). Am trying the 'stoch' as a trigger mechanism ...
EUR/GBP Trendmagic System
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Edgetrader replied Jun 25, 2009Sorry Tex, just put on the correct 'stoch' settings. Here is a better shot of the EU today. Still have some excellent looking setups. Regards.
EUR/GBP Trendmagic System
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Edgetrader replied Jun 25, 2009WOWWW! Big difference. Have not had an opp to really look at this stoch thing closely yet. Need sone decent PA to see when it triggers. Friday a.m. will be my first chance. Thx for getting me squared away folks. Regards.
EUR/GBP Trendmagic System
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Edgetrader replied Jun 25, 2009You bet, Exact same as Paul except for color. 5,3,3,80,20 and none, black, white. Am going to match it to my candle colors so all white is long and all black is short.Will send a screen shot for a visual. Regards.
EUR/GBP Trendmagic System
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Edgetrader replied Jun 25, 2009Ok, have isolated the EU that you have shown. I see four (4) pretty clear, well defined trading op's during my normal trading time. Am I missing something here. What 'bad' signal are you referring to? Regards.
EUR/GBP Trendmagic System