I am always happy to help as a general rule I play consolidations in two ways, 1) If the market keeps going, I add to my position 2) If I see like two lower lows, then I might scale out I used the word "might" because in that matter is definitely a ...

The System (Irony included)

yes absolutely everything must be done at the close

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Thanks a lot for your comments clockwork!!!!

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LIKE THIS

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exactly

The System (Irony included)

I use the same pattern as if I decide to go in - a reversal/confirmation candle, When that happens, I take some profit and leave some compounding. But you don't have to do that you can close all take some and get in on the next ride. There's room to ...

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Fiveshorts I'll answer your question in a moment Guys, there's no need to be in the shambles because of a time frame thingy...I prefer longer time frames. It's me. I find anything lower than 4 hr is noise. You trade whenever you feel comfortable. ...

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I'll be up in a moment.....stay put

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Consolidation — EUS-USD is having an impasse between 1.4404 and 1.4522 -1.4527 area keeps you heads up. Look for the upside I haven't check the calendar to see if there's any news from the aussie tonight. But if does it might move the dollar.

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Clockwork About timeframes, I started this thread because I trade off daily charts. O f course you can correlate any time frame you like. Just make sure "noise" won't give you false signals. I personally think anything less that 4 hours is noise, ...

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Thank you clockwork for your comments. I agree with you completely. I am like that movie very much and I am a huge fan of Pink Floyd (Atom heart mother theme at the opening is awesome) The psychological standpoint is very important and it's one of ...

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I haven't forgot about you guys on the options stop-loss strategy Please stick around. I don't want to confuse a lot of people jumping in and out I promise I will get into that very soon. Please notice that on the reversal candle on the last chart I ...

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I got a couple of pm's ..thanks for the compliments I'll try to help the best I can. I just gave you a sneak-peak there's a lot more I'll stick around as long as my health permits The idea is for you guys to start looking at the market as it is...a ...

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I forgot Yes...how to lesser your risk on corrections just look at the the post before The market must show intentions to re-establish the trend meaning a break of the higher/high or a lower low let the market come to papa - don't go chase it... ...

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Let's take the first correction - ended on August 16 2007 Notice the candle (you can use bars fireworks or whatever makes you happy) that says "look at this bar" what happened to the high of the preceding day?? it was taken right??? kinda of a small ...

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I am going to make your life even easier. Just follow me on this let's start with a very simple trendline on the daily charts The blue "down" lines are for corrections - well a fancy way of calling a pullback anyway note the depth of these ...

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Ok I look at what's been going on historically on whatever I decide to trade Just go back in time ...ask yourself what's been going on at the EUR/USD since x amount of time...lets say 5 years back?? well, I believe you found an answer. Now look at ...

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Thanks for replying farimir There's plenty of traders outhere looking for a "signal" that spits "buy/sell" with a dollar $ at the end of the tunnel. Unfortunately, we have no choice but to rely on the past. But if we take the "averages of the past" ...

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Thanks I'll be happy to help

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So you’re bored??? I am so sorry Trading is supposed to be boring my friend The caisno is more exciting. Oh here’s the “modest price you will pay for this “system” if it has been helpful to you. I will go by numbers 1 $ if someone makes you feel ...

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