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expain simple risk/compound
Started Apr 9, 2007|Trading Discussion|2 repliesTwo pretty simple questions: when we talk about 3% risk...does it mean that we putting a stop ...
Try RSI 5 cross the 50 to exit, ...as soon as that candle shows the reverse get out, almost perfect. I have two RSI indicators on my charts, 21 + 5. generalz
great thread+system! I am messing with a 62-204ema cross.. It happens after 5-13, 21rsi cross..shows entry of large trends which I look for, jury still out? I use 5-13ema, rsi21 cross for entry... Anyone have a good exit indicator? I exit at ...
My 2 cents...I use 5-13 cross..enter 5-13 from EMA. Change just 13 to SMA-Apply LOW for exit. It gets you out earlier, save a couple pips. I use 4 and 1 hr not sure about earlier time frames. generalz
I follow the thread but it has been changing so much it is just guess work now. I went to the 5/13/62 rob booker method. generalz
FYI...learn Rob Bookers 5/13/62 system of the two. Bagovino thread is good, but it is all over the place. Discipline is key and Bag system is a moving target. There is something to be said for trying to improve a system but eventually you have to ...
Two pretty simple questions: when we talk about 3% risk...does it mean that we putting a stop ...
fasttras2, this is tkimbles system, I do not trade a variation of tkimble. I am trying to examine tkimble systems..I am looking for a 2nd system thats works for me. generalz
Only enter when all the conditions for a trade have been met: SHORT: RSI below 50 and 30 MIN bar has closed below the 50 SMA low LONG: RSI above 50 and 30 MIN bar has closed above the 50 SMA High It is that simple.. tkimble, How many set ups and ...