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- Dra replied Sep 11, 2008
Correct except for those where you connecting highs.
A,B,C,D - 1,2,3,4 System
- Dra replied Sep 11, 2008
Nice chart. There should be an inner TL which you didnt draw, until that inner is broken and tested I wouldn't go long. If it was far away say 200 pips away I would consider it but its right there.
A,B,C,D - 1,2,3,4 System
- Dra replied Sep 10, 2008
Sherms is 1:1.5 and greater I know. He follow all the rules thats why hes up that much.
A,B,C,D - 1,2,3,4 System
- Dra replied Sep 10, 2008
NZDUSD — Heres the trade of the day folks, "most if not all" was in on this one. We sell the EBr at the inner TL.
A,B,C,D - 1,2,3,4 System
- Dra replied Sep 10, 2008
I didnt make mention of an IB-inside bar in the thread. We enter on Stars, Engulfing Candles and Tweezers. Its up to you if you wanna enter on an IB, not saying anything wrong with trading an IB but I dont use it.
A,B,C,D - 1,2,3,4 System
- Dra replied Sep 10, 2008
Correct, look for valid formations on the 1H to enter, placing SL below the low of the formation. Or you could consider trading less lots to maintain your MM rules.
A,B,C,D - 1,2,3,4 System
- Dra replied Sep 9, 2008
What you are doing there is trading DB or support, we only trade the trend with these formations.
A,B,C,D - 1,2,3,4 System
- Dra replied Sep 9, 2008
Your chart is missing a down TL on top of those last candles, theres a lower low. That is a shift in the down channel. The trend is still down.
A,B,C,D - 1,2,3,4 System
- Dra replied Sep 9, 2008
The charts posted are a few of the trades taken this week. I didnt save them with much detail so questions are welcome.
A,B,C,D - 1,2,3,4 System
- Dra replied Sep 9, 2008
As for chart posting with entries, they are no different from those posted before, theres nothing new to post really, just a recurrence of whats posted. Its the same TLs with 6 only 6 candle formations, that shouldnt be hard to spot. If you guys are ...
A,B,C,D - 1,2,3,4 System
- Dra replied Sep 9, 2008
Instead of waiting to enter at the neckline, enter on a candle formation(one of the six) at the right tip.
A,B,C,D - 1,2,3,4 System
- Dra replied Sep 9, 2008
The day has been slow as expected after yesterdays explosion. There was a total of 14 trades all positive. I was surprise with that much setups, some weeks only 5-8 will form. From what i'm seeing the day will remain calm up to Asia/tomorrow where a ...
A,B,C,D - 1,2,3,4 System
- Dra replied Sep 9, 2008
The crown and the H&S are similar, as I've shown you before theres a different entry method from what most are use to.
A,B,C,D - 1,2,3,4 System
- Dra replied Sep 8, 2008
This chart is way too crappy for my liking, but it can be solved. My bias is still bearish, seen that a few bear bars open and close below that blue TL(up). Also it seems we have a Crown in the making. If the market should continue down creating a ...
A,B,C,D - 1,2,3,4 System
- Dra replied Sep 8, 2008
Theres also a flip side to this, you could be up +30 on Alpari while I'm just getting a formation on my chart. What i'm saying people is that it might seems so for now but thats not how it always is. Believe me I've seen all the platforms. Follow ...
A,B,C,D - 1,2,3,4 System
- Dra replied Sep 8, 2008
Platforms — The platform that you are using doesnt matter. Remember we are trading what we see, so if dont see anything valid then dont trade. What will happen is that at times you will get an entry thats not shown on my chart and vice-versa. ...
A,B,C,D - 1,2,3,4 System