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eelfranz replied Oct 15, 2008Additional Comments — When you try to explain something you just assume others see what your showing them and understand what you understand. But it's not so. On trade #1: The reason I got out where I did was because the line on 5,3,3 had a ...
Stochastic secrets
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eelfranz replied Oct 15, 2008New Chart — Hey Guys, Got a new chart up to point out a few things. I know there are other trades on this chart but I put it up to point out a couple of things like I said. Here goes: #1 Look at the first vertical line on the left. On the ...
Stochastic secrets
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eelfranz replied Oct 14, 2008Disect 24 Hours On This Progam — OK... first and last time I'll do this again. I took a 24 hour period on the EUR/USD... in fact the last 24 hours. Time of this post is 20:20 10/14/08 Pacific Standard Time. To make this real simple I did all ...
Stochastic secrets
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eelfranz replied Oct 14, 2008Additional Trades — This is the same chart as above but the purple lines are the additional trades that might not be so apparent. Big E
Stochastic secrets
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eelfranz replied Oct 14, 2008Sample — JD, I've marked on the chart below the obvious trades per the rules. However I would have taken several more trades because of my familarity with the program. You can add a Bollinger band to your chart if you want to also. The idea of ...
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eelfranz replied Oct 14, 2008Reply — I just play it like I see it. It works just like it's currently set up. It's simple, straight forward and requires 100% of your attention. Nothings perfect in forex. Big E
Stochastic secrets
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eelfranz replied Oct 13, 2008Reply — JD, Use the information like you did when you won 9 out of 10 trades. Obviously that works for you. The Stochs are the core of the program at those settings. I use RSI line, EMA line, candle direction for confirmations of what I see on ...
Stochastic secrets
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eelfranz replied Oct 13, 2008Reply — JD, No. This program is totally based around the two different Stochs... 25,2,3 for long term direction. 5,3,3 to determine when to enter trade. I exit by visual perception and what the 5,3,3 is saying. Just before I make a trade in or ...
Stochastic secrets
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eelfranz replied Oct 13, 2008Reply — JD, I wait for the second candle if that is the only indicator I'm using to determine a trade. Otherwise when I'm using all 4 indicators I buy on the 5,3,3 when the line crosses. Look at RSI, is it going up or down.. that's important. ...
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eelfranz replied Oct 13, 2008JD, Looking at the chart you posted... you could have entered two or three candles earlier. When the 5,3,3 crosses over going up. I use 5,3,3 for entry..... and exits sometimes but normally by visual exit. Big E
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eelfranz replied Oct 13, 2008Reply — Aiya, Good post. When you have a large previous candle, only need to go to it for S/L level. I never let it get hit... it's only there for emergency purposes. I bail the trade if it comes back on me 5-7 pips. USUALLY STILL MAKE A ...
Stochastic secrets
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eelfranz replied Oct 13, 2008Reply — 4x- Great question. You know, stop loss placement ideas are different for all traders. Personally I go back 2 candles and put mine at the top or bottom of the candle depending upon if it is a long or short trade. It's different for ...
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eelfranz replied Oct 12, 2008Explaination OF CHART Above: — Trade #1 - All 4 confirm. +47 pips #2 - Two out of 4 on entry confirm. Larger risk. +77 pips. #3 - 3 out of 4 confirm on entry. Larger Risk . +92 pips. #4 - 3 out of 4 confirm on entry. Higher Risk. +25 pips. It ...
Stochastic secrets
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eelfranz replied Oct 12, 2008Idea — Hey All… Today I want to help you become a more successful trader. … using my ideas…if your interested? You’ve read the posts. Don’t know if you like them or hate them but here goes… Have you read “you have to hear with your eyes/mind… ...
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eelfranz replied Oct 12, 2008More Info. — KudzuFX, Went back to post 178 to look at the chart again. After the 2nd trade the 25 and 5 were at the bottom of the channel. I always exit when both hit the top or bottom of the channel and re-evaluate the trade using the steps ...
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eelfranz replied Oct 12, 2008Hey big guy! — Great Question. You can have consolidation on a 15 to ..... minute chart but can normally still trade it in a 1 or 5 minute chart. However here we are already on a 5 minute chart. Look at 25...flat as a dog. Look at the chart, ...
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eelfranz replied Oct 10, 2008Additional Information — Hi Guys, I've had a few questions about how important the Stoch 25,2,3 is...well... See on the chart below: Number one trade. The 25,2,3 goes up smoothly but the 5,3,3 looks like... what?. No help for sure. But if you ...
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eelfranz replied Oct 10, 2008Ben — Ben, Your question about the ADR Calculator... archives. You can find it here: www.compassfx.com/synergy/commentary.htm . I also recommend you sign up for the FREE nightly video on the current market conditions at www.compassfx.com on ...
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eelfranz replied Oct 10, 2008Post 169 — Just a clairification from post #169. 5 minute Chart. When I'm talking ABOUT THE HORIZONTAL LINES and how the candles will hit those levels... you need to adjust your candle size (+ or -) until you see them hit those lines. This way ...
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