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damonl replied Nov 3, 2007Here is a GJ chart showing how to use either all three indicators or each individually in conjunction with the RSI 9 which is always the base indicator. The first thing I look for as things can get very confusing is two cnadlesitcks in a row that ...
Cable Riding
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damonl replied Nov 3, 2007Hello...I am glad you are using this with success. It is good, but it is a little late as many times it will come back two bars or so before going forward. I have been doing much tweaking to what I orignally posted and like what is happening for me ...
Cable Riding
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damonl replied Oct 19, 2007Possible trade entry for the GU coming up. It bounced back on me earlier today. Maybe this one will hold true to form. Are you seeing it?
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damonl replied Oct 19, 2007Amendment #4 — After placing your order, you should set a s/l 10 pips above/below the last swing high or swing low. This shouldn't be more than 40 - 50 pips or so. As the trade moves in your direction, continue to lower that s/l to the next ...
Cable Riding
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damonl replied Oct 19, 2007Amendment #3 — If you missed the first trade after the EMA 20 EMA 50 crossover simple wait until a candlestick crosses back above/below the EMA 5 and then retraces. Make sure that the RSI is above/below 50 in the direction of the trade and the ...
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damonl replied Oct 19, 2007Amendment #2 — I no longer enter a trade at the EMA 20 and the EMA 50 crossover. After this happens, I now will wait until a candlestick has closed back up above/below the EMA 5 and enter the trade when the candlestick then falls back ...
Cable Riding
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damonl replied Oct 19, 2007Amendment #1 — I think the QQE gives false signals and so I have abandoned it. I have replaced it with the MACD at settings 3, 9, 1. This will give you a much more accurate reading and help keep you out of loosing trades.
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damonl replied Oct 19, 2007Hello, I have been getting messages asking me why I jumped over to the trading 8 pairs forum. The real reason was becasue I believe that they are using the proper indicators for entering a trade and so I thought why should I duplicate something that ...
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damonl replied Oct 17, 2007Hello, I spent that last two days watching the indicators to try and find an alternative to the QQE. As I can see where people will have trouble with the false moves. After much evaluation, I have come to the conlusion that Cornelius in th "Trading ...
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damonl replied Oct 15, 2007This is good advice
. If you are up...don't let your greens go to reds. Sounds like you have a good s/l scenario. Thanks guys and keep in touch. I'm off to bed so I can wake about 12:30 and start trading
. All your input is extremely ...Cable Riding
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damonl replied Oct 15, 2007Those sound like fantastic rules to follow. I have also entered trades with the trend using double tops and double bottoms. This can get in the swing for the complete movement. Thanks for you input

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damonl replied Oct 15, 2007This is a very good and valid suggestion. And deifinetly one to consider when in a trade if it looks like things might be stalling.
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damonl replied Oct 15, 2007That is definitely something that is a good idea especially in a market that is moving. One that is more stagnant it may cross a few times. The other thing about that is many times it will cross again verty close to where you entered leaving you ...
Cable Riding
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damonl replied Oct 15, 2007Yeah...I see that. I think it went head-hunting your stop. I still think you made a good trade. It is just that things had already started to flatten out but didn't show it on the M15 TF but it did on the M 30 TF. To be honest with you, if you have ...
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damonl replied Oct 15, 2007Well...I have a better idea. I think you made a good trade. Let's add another confirmation. I wish I could edit this on my earlier post but I seem not to be able to anymore. If you get the correct signals on the M15 TF, quick switch over to the M 30 ...
Cable Riding
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damonl replied Oct 15, 2007Maybe we should wait until crossover. I guess I don't know if the answer is always one or the other. It sounds like you made a good trade and it just went bad. It does happen, but I know that this wins way more than it loses.
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damonl replied Oct 15, 2007Hmmm...I guess I haven't run into that before. What do you think would have kept you out of that trade? Where did you enter your current trade? Somewhere around 2.0430?
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damonl replied Oct 15, 2007Hello, I jsut determine if the EMA 20 is above or below the EMA 50. If it is above I go long and if it is below I go short. This system does miss a lot of trades, but I am only concerned with the ones it gets. 50 - 100 pips per day is fine with me.
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