I would say it's probably 1.5:1 2nd would be 1:1 3rd would be 2:1 Or vice-versa on the 2nd and 3rd. But that's just my educated guess.

Trading Made Simple(r)

Here's one of my favorite stories in my book as it taught me to just be content with all that I have now and to not always be striving for more and more. It also taught me that how much I make trading now is "enough" which saves me a lot of stress ...

Trading Made Simple(r)

This reminds me of something that I'll share. I used to have a really nice and large home office that was as close as 17' from a 9 acre lake. My house was the one on the right side of the lake in between the 2 times where it says: Georgetown Rd. ...

Trading Made Simple(r)

RH, you happen to have Best of Big E I.pdf and Best of Big E II.pdf ? No, I don't have them. Also, # 1 and # 2 Template and Indicators.zip? The links still work as I just downloaded them to see for myself.

Trading Made Simple(r)

Both the blue and the orange lines comprise the RSO.

Trading Made Simple(r)

Yes, you can, but the settings I suggested were 12-3-3 and 55-12-3, and the %D line only. I do not use the %K line.

Trading Made Simple(r)

Currently, for trading stocks, I am only using the 6 ema's mentioned above and the RSO (RobinHood Stochastics Oscillator) because I have found that it shows me one of the best entry patterns that I have ever seen. It also works on the Forex. Here's ...

Trading Made Simple(r)

In my opinion, based on what I have seen, I think most intraday stock traders do look at volume in some form, but I have never found it to be very helpful to me.

Trading Made Simple(r)

Ideally, for Long trades, I would "rather" that the 200 ema be below the other 5 ema's, BUT, it's not a strict requirement for me to enter a trade as I am much more interested in seeing what the other 5 ema's are doing. I only show the 200 ema on my ...

Trading Made Simple(r)

The EMA's that I use, I have posted exactly which lengths I use here many times. They are: 3, 8, 21, 34, 55, & 200 and I never change them no matter what I am trading, or the time frame that I am trading. I day traded the SPY (S&P 500) today and I ...

Trading Made Simple(r)

1. For pairs that move in somewhat correlation, like AUDUSD & NZDUSD or JPY siblings, sometimes we see similar signals after one bar close; do we go in multiple position for each pair, or just go in with one most obvious pair (to control risk)? I ...

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As I said just above in Post #9855: As I have said numerous times in the past, there are many, many ways to "show" a Continuation Trade developing, and I even do it several different ways myself. So here is another way I do it... image For Short ...

Trading Made Simple(r)

As I have said numerous times in the past, there are many, many ways to "show" a Continuation Trade developing, and I even do it several different ways myself. Regarding using the ema's to show me Continuation Trades, I must first have the ema's in ...

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That's well done!, however you did not include the 3 ema which is a very important requirement in my opinion.

Trading Made Simple(r)

I guess that's why they call it "gambling", sorry, I mean "trading".

Trading Made Simple(r)

I like to say: "The Truth is Always the Truth". Look at these 6 charts, all are of Tesla from today. They are: 1 min., 3 min., 15 min., 1 hr., Daily, and Weekly. These charts all have Continuation trades using the very same length ema's on every ...

Trading Made Simple(r)

I would suggest you read: "Trade Your Way to Financial Freedom" by Van K. Tharp

Trading Made Simple(r)

The answer is simple. If you are "concerned" about holding your positions over the weekend (or overnight), then your positions are probably too large relative to your account size (the amount of money in your account). Therefore, it would probably ...

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That's great to hear. Congratulations!

Trading Made Simple(r)

There is no definitive right or wrong answer here. What's more important is that you choose which one is the best way in your opinion and then to stick to doing it that way every time going forward. Otherwise, when this situation comes up again, it ...

Trading Made Simple(r)