- Search Metals Mine
- caireono replied Apr 22, 2008
It looks very odd - entry BUY here. Let see, now I have 2 open positions BUY.
KAS Trading Journal
- caireono replied Apr 22, 2008
Entry BUY here - the dot is close to the price - price is no more in consolidation.
KAS Trading Journal
- caireono replied Apr 22, 2008
Looks like it breaks the last swing low,close it with -18 pip loss. But seconds later the price rebounce.
KAS Trading Journal
- caireono replied Apr 22, 2008
It turns out to be correct, close the 2 buy trade with 8 and 6 pip profit. Now Entry SELL at the first dot. Seconds later close with 6 pip profit - this is great for scalping - in ranging market - I never have any method before for ranging market.
KAS Trading Journal
- caireono replied Apr 22, 2008
Thanks for the comment. I agree with you. I am just testing with this PSAR indicators (demo). Ok, Now at 10 - 15pip profit zone. Based on the chart attached, notice that after trending, the price always be in the ranging or consolidation, and ...
KAS Trading Journal
- caireono replied Apr 22, 2008
close with -21 pip loss - waiting for another signal - NOT good. Later enter BUY at the Bull bar. (If this does not work because Market is Ranging - will need to change the Rule - Ranging market always kill)
KAS Trading Journal
- caireono replied Apr 22, 2008
Looking good so far. Remember this is 1m chart - the most difficult chart to trade.
KAS Trading Journal
- caireono replied Apr 22, 2008
Enter BUY at the fifth PSAR dot that moves into desired direction.
KAS Trading Journal
- caireono replied Apr 22, 2008
close here for 20 pip profit, waiting for another signal.
KAS Trading Journal
- caireono replied Apr 22, 2008
The Buy trade still hold. Now at 30 pip profit zone.
KAS Trading Journal
- caireono replied Apr 22, 2008
The moment of truth. If it goes down, close the BUY trade and enter SELL. If not, stay open.
KAS Trading Journal
- caireono replied Apr 22, 2008
Continue searching for the Best and Simple Trading system (while my Set and Forget System still running) Now, trying to use ONLY Parabolic SAR with default setting. Look at the attached 1m GJ chart. The rule is simple. Open trade when the second or ...
KAS Trading Journal
- caireono replied Apr 22, 2008
Current status - still BBP or SSP do not have profitable values even EC has gone down.
KAS Trading Journal