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damonl replied Mar 8, 2008Just a thought — Hey Guys... I had a thought for determining the trend. The problem I see is that if you are tryin gto determine trend using the 30M TF, then you are constantly monitoring your trades and switching back and forth. Why not ...
39/39 HI/LO SYSTEM
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damonl replied Mar 8, 2008This is 100% correct

ATP (Advanced Trading Philosophy) - Positioning For Success
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damonl replied Mar 7, 2008Disclaimer — Thanks freddyfx..... I think you will be pleased. Please understand that I cannot offer all strategies at one time every night. My plan is to use one pair and just describe that trade for that pair and then it will be up to ...
ATP (Advanced Trading Philosophy) - Positioning For Success
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damonl replied Mar 7, 2008Thanks TF....that is probably sound advice. I don't believe too much in keeping my S/L too close. The high/low of the set up bar and them move them as in the directions. The problem I was having is because I only trade live, with all the trades I ...
ATP (Advanced Trading Philosophy) - Positioning For Success
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damonl replied Mar 7, 2008Closing out all Positions — I have been contemplating whether to close out all positions when a certain percentage of Increased Equity has occurred. For Example, last week into Monday's opener, I had in increase in equity of 21% over the ...
ATP (Advanced Trading Philosophy) - Positioning For Success
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damonl replied Mar 7, 2008[quote=lacika;1890613] Yes.....thanks for catching that

ATP (Advanced Trading Philosophy) - Positioning For Success
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damonl replied Mar 6, 2008[quote=lacika;1886583] Please see the chart below for a description: image As you can see with the placement of the last ST dot, that it matches red with the AO, but we are in a obvious uptrend. As per our exit rules, we would not have placed ...
ATP (Advanced Trading Philosophy) - Positioning For Success
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damonl replied Mar 6, 2008Silver Trend Settings Update — I wanted to give you the settings for the Silver Trend that I am using. When I first started I was using the default settings, but upon further review, I have changed the following settings for the following ...
ATP (Advanced Trading Philosophy) - Positioning For Success
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damonl replied Mar 6, 2008Hopefully starting next week I can start going into it a little bit by showing you the trades I would take and why.
ATP (Advanced Trading Philosophy) - Positioning For Success
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damonl replied Mar 6, 2008Managing your "Open" and "Pending" positions. — Managing your "Open" and "Pending" positions is one of the most important aspects of this trading strategy. I have put together a spreadsheet that really makes this job easy, ...
ATP (Advanced Trading Philosophy) - Positioning For Success
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damonl replied Mar 6, 2008Can no longer edit 1st page — From here on out I guess you all will have to read.
ATP (Advanced Trading Philosophy) - Positioning For Success
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damonl replied Mar 6, 2008Thanks..... At this point I am not experimenting with increased lot sizes, but that is my goal as things fall better into place for me. I also do open up to three trades per day per pair if I get the right signals. Remember however that I keep my ...
ATP (Advanced Trading Philosophy) - Positioning For Success
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damonl replied Mar 6, 2008Hey earret.... I believe it is not uncommon to start out with this systme and take some loses. You will also make some wins. However, I believe that you will fnid that you will make more pips once you are implementing the whole program. Spread sheet ...
ATP (Advanced Trading Philosophy) - Positioning For Success
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damonl replied Mar 6, 2008[quote=lacika;1886583] No....I mean close above/below the dot dependingon trade direction. Good question though

ATP (Advanced Trading Philosophy) - Positioning For Success
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damonl replied Mar 4, 2008You might be right....So far I haven't offered any entry points to date. Only exit points. But...you now have two

ATP (Advanced Trading Philosophy) - Positioning For Success
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damonl replied Mar 4, 2008I don't see any discretion at all. I always make the trade. Remember that the early trade, if triggered, you will be conveniently hedged. If it doesn't trigger you will still be on your way. If it triggers and stops out you will still be on your way ...
ATP (Advanced Trading Philosophy) - Positioning For Success
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damonl replied Mar 4, 2008So where do you think you would you place your trade?
ATP (Advanced Trading Philosophy) - Positioning For Success
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damonl replied Mar 4, 2008You could wait, but if you did, I would be placing my second trade short at that time because I am already short here. I am willing to risk the pips for the early entry. The rewards will be much greater than your losses in the long run. Are you ...
ATP (Advanced Trading Philosophy) - Positioning For Success
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damonl replied Mar 4, 2008100% correct. Please keep your lot sizes very small. This is so early in trend direction that we may lose this trade. Set your S/L at the high of the same bar +1 pip + spread and let's see what happens tomorrow.

ATP (Advanced Trading Philosophy) - Positioning For Success