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- tmoney5474 replied Oct 5, 2012
Cash. There are a little tweaks with the channel from broker to broker. BUT, trade the rules of the strategy based on what you see and your charts. With that said, trading at or very near supply or demand levels is VERY importaint.
Channel surfing!
- tmoney5474 replied Oct 5, 2012
OCD, I understand... Mistakes are good if we learn from the lesson. I'm glad the surfing style is working for you. I'm hoping I can help others stick to a simple system like this and help them make a wild amount of money. Trades can last a week or ...
Channel surfing!
- tmoney5474 replied Oct 4, 2012
OCD, can you post your chart of the NZDUSD trade. I want to compare it to mine. Thanks
Channel surfing!
- tmoney5474 replied Oct 4, 2012
Thanks SO MUCH OCD! I have a few passions in life. #1 - God, # 2 - my wife and kids and #3 - the markets. I've been very blessed and its my calling to be a tool to help bless others. I cant get into it on this board but I am extremely involved with ...
Channel surfing!
- tmoney5474 replied Oct 4, 2012
Thats a little crappy..... I guess thats what you get in the wild west of forex trading. I'm going to continue to post trades. Verify them with your charts and make an educated choice. If you have a settup feel free to post that also.
Channel surfing!
- tmoney5474 replied Oct 4, 2012
That is really strange. Try to switch to a 60M chart and back to a 4H. I'm not sure why that is happening.
Channel surfing!
- tmoney5474 replied Oct 4, 2012
That is strange. Your EURAUD lines up with mine but your USDJPY is off. Are you using the same settings on both? Chat on a 4H and MTF channel set on 1440?
Channel surfing!
- tmoney5474 replied Oct 4, 2012
Both are setting up short. If you look at the pics, you will see both the 4H and daily channels are trending down. Also trading at or near supply or prior demand. (EURAUD much strong supply then USDJPY) We now wait for a close outside either the 4H ...
Channel surfing!
- tmoney5474 replied Oct 4, 2012
USDJPY and EURAUD setting up! Be patient. EURAUD is looking REAL NICE but dont take on more pain the you need. Still in cash...
Channel surfing!
- tmoney5474 replied Oct 4, 2012
So for the Global and monthly trades do you always use .10 (10k) lots or do you use a fraction of this for the first 2 levels? Example, 3k at first level, 3k at second level and 10k at thrid level? Or is it always 10k?
TST levels
- tmoney5474 replied Oct 3, 2012
Remember, be patient.... Cash is a position! We are currently in cash
Channel surfing!
- tmoney5474 replied Oct 3, 2012
So, if all levels are updated by your servers, God forbid anything happen to you but if it does, the levesl will stop updating? Or are the levels pulled from the CME directly and comments updated by you? Just thinking ahead if Im going to put any ...
TST levels
- tmoney5474 replied Oct 3, 2012
Very true, but no trade would have been fired no matter what yet. Price did not close within the channel of the current time. Even on the slight up candle very early in the day. Still looking for a confirmed active long trade.
Channel surfing!
- tmoney5474 replied Oct 3, 2012
EXACTLY! 1 - Must be a close outside 2 - Yes. In its simplest form, This is the way.
Channel surfing!
- tmoney5474 replied Oct 3, 2012
My cue WAS a close into the 4H channel on the downside. BUT, channel has now turned higher so I'm closing the postion now for a 23 pip loss.
Channel surfing!
- tmoney5474 replied Oct 3, 2012
Maybe 3-8 trades per week. Sometimes more sometimes less. This has been a fairly active week. We've had EURUSD, USDCHF, EURJPY, NZDUSD, GBPJPY. We also just got another trade! EURAUD is about ready to fire. SL 1.2665, TP 1.2440. (You could also drop ...
Channel surfing!