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Ralffe replied Feb 7, 2018Perfect. And now you are up 80 pips Well done. Everyone who followed my directions should be well in profit by now.
SAFE - KISS
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Ralffe replied Feb 7, 2018Taking profit along the way & holding the 1st trade & the 1ist after a wave pull-back on the daily allows for DDs on add on trades to be absorbed.
SAFE - KISS
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Ralffe replied Feb 7, 2018I don't use colored bars so I can't comment. closed 7902. opened 7912, closed again 7852 Opened again 7865. Holding that & original 1st. All on 1H. Did similar on Gold. Takes a while to get the knack of it.
SAFE - KISS
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Ralffe replied Feb 7, 2018A quick word on money management & wealth accumulation. I like to take 2 trades on each pair traded. The first is never closed until the trend is over. The 2nd is closed at every pull-back & another opened when the pull-back is deemed over. For ...
SAFE - KISS
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Ralffe replied Feb 7, 2018A closed bar not being crossed by the line is not necessary although in many cases it is wise. A couple of things to note with this entry. This is the confirmation of wave 3. Price crossed the line yesterday Today price rose, failed to cross back ...
SAFE - KISS
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Ralffe replied Feb 5, 2018OIL is another one ripe for the picking. Trended nicely in the past.
SAFE - KISS
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Ralffe replied Feb 5, 2018You all should by now be short AU, Gold,NU & about to enter EU. Long UC & USdollar. I missed the entry on US500 so will wait for a pull-back to get in.
SAFE - KISS
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Ralffe replied Feb 4, 2018Ask yourself. Are you trading forex for fun or are you serious about making money & raising your win rate to 90% plus. If the latter, drop the cross pairs & trade “Trending” pairs like AU, NU, Gold., UC, SPX500 & Oil. Remember. The trend is your ...
SAFE - KISS
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Ralffe replied Feb 4, 2018A new line cannot be drawn until the 1st HL / LH has printed. This could take up to 2 weeks to print. The trend is your friend until it ends. Then you find another Trend friend.
SAFE - KISS
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Ralffe replied Feb 4, 2018Open any pair on the daily. Compare it with the AU, NU or Gold & you see immediately the difference between friendly & unfriendly trending
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Ralffe replied Feb 4, 2018Once again. Stay away from the cross pairs. On the AudNzd pair you would have been in & out like a yoyo. Messy & definitely not trend friendly.
SAFE - KISS
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Ralffe replied Feb 4, 2018Interesting BUT. Maybe for lower time frame trading but for Daily time frame this is just not necessary as you always have plenty of time to enter & exit.
SAFE - KISS
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Ralffe replied Feb 4, 2018HH & LL indicators, zigzag indicators. Thanks but no thanks. I perfected this system by eliminating all indicators & don't intend reintroducing any. K.I.S.S.
SAFE - KISS
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Ralffe replied Feb 3, 2018US500 (S&P500..SPX500) This could be huge. Or not. Biggest one day drop in over a year.
SAFE - KISS