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60minuteman replied Jan 25, 2013haha mr california...welcome back sir... theres a nifty indi knocking about on the thread that marks the type 2 candle, you should have a look
Buy sell line trading
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60minuteman replied Jan 25, 2013OK... heres what you need to do for M5 Short trades 1. Daily chart previous day must close short and be below ma's 2. H1 price must be trading below ma's 3. M5 wait for price to close below both ma's, sell at the break of this signal bars low. Stops ...
Buy sell line trading
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60minuteman replied Jan 25, 2013I agree in the commercial forum, theyre specifically trying to sell you something, and in that instance something should be shown to validate their claims, you're paying so someone else should do all the hard work. question is, why does it bother ...
If it's such a great system, why isn't there a Trade Explorer attached?
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60minuteman replied Jan 25, 2013a trader once said.. backtest the last 100 entries of any system, if theyre profitable the system works... i have found it to be true, doesnt take long
If it's such a great system, why isn't there a Trade Explorer attached?
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60minuteman replied Jan 25, 2013so someone trading without stops and only ever closing trades when they are in profit would look like a good profitable trader until the inevitable margin call... whats the use in that?? i have a better idea... take the ideas, backtest them, see if ...
If it's such a great system, why isn't there a Trade Explorer attached?
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60minuteman replied Jan 25, 2013a couple of reasons... 1. do you want just anyone to see how much money you made or lost, and put it on the internet in a place where in the future you couldn't take it down.? 2. do you want to share some helpful ideas that will point people in the ...
If it's such a great system, why isn't there a Trade Explorer attached?
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60minuteman replied Jan 24, 2013An example of daily indicating a move back to the MA's and then entry on H1
Buy sell line trading
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60minuteman replied Jan 24, 2013here's the daily TF for Brent futures... can you see why I have taken nearly 100 points everyday off it... Its clear to the naked eye we have bounced of the ma's and as long as the daily closes up we can fairly safely take those h1 trades long.. ...
Buy sell line trading
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60minuteman replied Jan 24, 2013something that may help that I do everyday... 1.where price is in relation to the MA's on the daily tf... is it retracing to them? or is it bouncing off them? or is it just consolidating on them? 2. in what direction did yesterdays bar close ?...if ...
Buy sell line trading
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60minuteman replied Jan 24, 2013scalping GOLD on M5... i wait for price to pull back over the ma's and then sell closes back below... you better be sure of direction doing this though or you can get chopped to bits...NOT FOR EVERYONE
Buy sell line trading
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60minuteman replied Jan 24, 2013lazy ass missed all the nice yen trades today... got a late 80 pips on Brent futures off the ma's This is H1... I went down to m5 to enter, a new technique for timing the entries... not sure it improves anything really but im always hungry to ...
Buy sell line trading
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60minuteman replied Jan 23, 2013EJ H1 OB off the MA... retest of the low again?
Buy sell line trading
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60minuteman replied Jan 23, 2013Good question Ferru...depends on the trend. if the trend is strong and the ma's are sloping steeply I will just keep taking the trades from the ma's until it fails. If the ma's are flat and price is hanging around them for a long time I will wait ...
Buy sell line trading
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60minuteman replied Jan 22, 2013GJ H1 missed the pin, got the outside bar... test of the low isnt a bad first tp off this shallow retracement... will want to spike back to the ma's soon
Buy sell line trading
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60minuteman replied Jan 22, 2013No because i was already in the first... obviously with hindsight you could of taken both and won both, but i tend to hold for bigger wins nowadays
Buy sell line trading