I'm aggressive....so I trade in the box and just after it. The boxes are arbitrary in the time they are used....although there is good logic to their placement. Cheers CanuckCT

Tkpower8 ATM

Guys...if a particular poster bothers you..but them on your ignore list. Then you can't see the posts and it's no problem Cheers CanuckCT

Tkpower8 ATM

One more fib example....EJ — I can see three TK M2 buys on this chart. On the first buy....you might attach the fib tool that is in red. The next entry...you might attach the fib tool that is in black...and on the third entry you might attach ...

Tkpower8 ATM

Using fib to exit...post #3 — having closed my first trade....I'm now looking at a buy. After the buy using TK M2 on GU...I attach a fib tool again....on a swing high and low. This time I have a much wider range for the swing high and low and ...

Tkpower8 ATM

Using fib to exit...post #2 — So now the trade develops a bit move and I move to fib tool to a new spot....it's a swing high and low from the most recent retrace. No I'm looking at 161.8 on the new fib....if I have left the first fib on the ...

Tkpower8 ATM

Using Fib to Exit...post 1 of 3 — Some time ago I was told that the exit strategy is far more important than where you enter. For some time I did not believe this....now I do. The chart below shows a sell using M2 on GU. After the ...

Tkpower8 ATM

Reminds me of the work trendchaser was doing. Cheers CanuckCT

eur/usd scalping method

Rather that use a MTF psar, which could change before the 15 minutes are up...would you be better to use the same psar indicator with a setting that mimics a longer timeframe? It might look something like this..plus the slope direction line. Only ...

eur/usd scalping method

Nice work. I'll be using this one. Thanks CanuckCT

Tkpower8 ATM

Hi TEB63, If this is your last post, I'd like to say thank you. While I don't trade any of your systems per se, I have learned a lot about how to get a feel for what price is doing by reading many of your posts...a couple of time frames, minimal ...

World's Simplest System

Happy New Year folks...see you in 2009. Cheers CanuckCT

Tkpower8 ATM

One more thing...for those of you who can read an Excel file....here is something that will allow you to add your own variables....you set your target per day, your starting account balance, the average size of your stop and percent of account value ...

Tkpower8 ATM

url I have another post re this. Cheers CanuckCT

Tkpower8 ATM

Well Phreddy, JD says he's 10 for 10 today. Seems like he's doing something right....he's reading the price action. I'm 7 for 9 today and 180 pips...a lot of TK in it, but not pure. Perhaps JD would offer a comment and whether he's a TK purist or ...

Tkpower8 ATM

Try these...

Tkpower8 ATM

Thanks so much...will give it a try. Cheers CanuckCT

It simple..I think, if you're a programmer

Just add as is to a chart...do you get what I get in post #1? Thanks CanuckCT

It simple..I think, if you're a programmer

I think that's called looking at price action....it just looked like it was going down and it was a good setup. I think you are indeed reaping the benefits of TK's method, which it using price action as your primary indicator. Cheers CanuckCT

Tkpower8 ATM

Can't win them all....I had something similar earlier today on GU. Lost 15 and immediately entered in opposite direction. Both were valid entries near 21SMA...net of two trades was +12. Nothing wrong with your entry....but the point was already ...

Tkpower8 ATM