- Search Metals Mine
- 4,343 Results (41 Threads, 4,302 Replies)
-
damonl replied Apr 7, 2008No offense Mikka ( and please keep contributing
), but also adding the CCI with all these levels wil over complicate things to a level that I would not be interested in trading. We need to keep things simple and learn how to better utilize the ...ATP (Advanced Trading Philosophy) - Positioning For Success
-
damonl replied Apr 7, 2008I second what TF wrote below...actually above

ATP (Advanced Trading Philosophy) - Positioning For Success
-
damonl replied Apr 7, 2008You are correct....cancel all pending short trades and insert a NLPT short.
ATP (Advanced Trading Philosophy) - Positioning For Success
-
damonl replied Apr 7, 2008Correct, our NLPT would have triggered today and so we are free to go long placing orders as usual. However...I am not really seeing a whole lot of JPY weakness yet and am still expecting the UJ to go lowerer. Regardless I trade the system...just ...
ATP (Advanced Trading Philosophy) - Positioning For Success
-
damonl replied Apr 7, 2008I agree with you wlj....but I think my reasonoing behind not using the ST dot as well as the stochastics is that for the most part the stoch exit saves us pips and most times when we exited using the stochs, the next bar would have gotten us out ...
ATP (Advanced Trading Philosophy) - Positioning For Success
-
damonl replied Apr 7, 2008It i salways a toss up with placing TAMB trades after a NLCT signal. Most times you will find that when you get a NLCT signal it will already be past where any TAMB trades would be placed. Once again....If you are not in the market, how can you ...
ATP (Advanced Trading Philosophy) - Positioning For Success
-
damonl replied Apr 6, 2008One thing that I forgot.... — Regarding tonights EU Analysis.... I reset my AODT trade short. This is much too powerful of an indication of market direction that I could not help but reset it. I will not reset it if current price is too close ...
ATP (Advanced Trading Philosophy) - Positioning For Success
-
damonl replied Apr 6, 2008Nice heads up on these two pairs today

ATP (Advanced Trading Philosophy) - Positioning For Success
-
damonl replied Apr 6, 2008Quick Update regarding MM — After going thorugh my trades tonight with the new MM strategy that I am testing, I decided that my cut-offs were too steep so I lowered them. They now go like this. Under 150 150-250 250-350 350-450 Above 450 ...
ATP (Advanced Trading Philosophy) - Positioning For Success
-
damonl replied Apr 6, 2008EU Analysis for 04/07/08 — image image As you can see from the above charts, we have a NL closing in yellow long with no corresponding green ST dot. At this time we would close all our short trades except our TAMB short trades if any would ...
ATP (Advanced Trading Philosophy) - Positioning For Success
-
damonl replied Apr 6, 2008Hey TM....yes thanks, I did have a very nice weekend. Please see my corrections in blue above. We may be in for a very tough market for the next few weeks or so until the US gets things straightened around. There low interest rates are causing a lot ...
ATP (Advanced Trading Philosophy) - Positioning For Success
-
damonl replied Apr 6, 2008Hey Mikka..... I really don't remeber how I derived at those numbers. Just started experiementing with things and that seemed to work. Also because of the sheer number of possible open trades, I knew that lot sizes needed to be small. As for the ...
ATP (Advanced Trading Philosophy) - Positioning For Success
-
damonl replied Apr 6, 2008[quote=mikka;1938447] Hello again
. Yes, to answer your question this is many times the case. For the most part your first trades to trigger will be a NLRT, NLCT, NLPT, TAMB, or a TRT. during this situation you would most likely have your solid ...ATP (Advanced Trading Philosophy) - Positioning For Success
-
damonl replied Apr 6, 2008Hello Mikka...the concept is quite simple. Keep your lot sizes small and then compound them as the market moves in your favor. That way you are only taking small losses on your way to the big profits. Also it gets people feeling comfortable with the ...
ATP (Advanced Trading Philosophy) - Positioning For Success
-
damonl replied Apr 6, 2008Calculating Lot Sizes and other updates — Hello Again.... Because of what appears to be a fairly common occurence of not quite reaching 10% in profit and then retracing of most of that profit, I am going to test this week a method of raising ...
ATP (Advanced Trading Philosophy) - Positioning For Success
-
damonl replied Apr 6, 2008I am going to test something...... — I wanted to let all of you know that I am going to be forward testing the suggestion by walesoje1 regarding the use of the 5/3/3 stochastic cross. Visually it looks vry appealling. I will still use the ...
ATP (Advanced Trading Philosophy) - Positioning For Success
-
damonl replied Apr 6, 2008Hey Mikka.....Yes, I think I like what wlj brought up, but for now should only be used as an exit strategy, but I think the ST dot is not necessary. The Stochastic cross should be enough. But you are right, it does add another variable, but just ...
ATP (Advanced Trading Philosophy) - Positioning For Success
-
damonl replied Apr 6, 2008Hey wlj..... I am happy for your success especially knowing that it was on the lower time frames. As I would suspect trading this method around the open of London or NY, this would be a highly effective way to bag more than enough pips very early in ...
ATP (Advanced Trading Philosophy) - Positioning For Success
-
damonl replied Apr 6, 2008Please see my answers in blue above. These were great questions. It sounds like you are getting this jist of it

ATP (Advanced Trading Philosophy) - Positioning For Success
-
damonl replied Apr 4, 2008Closing my Open Trades — Hello... This AM I have decided to close all my open trades. I didn't quite fair as well as TF when he closed, I saw a nice 4% increase in my account over the 11% from last month. A few reasons let me to this decision. ...
ATP (Advanced Trading Philosophy) - Positioning For Success