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- Divergence replied Mar 21, 2011
repetivness does not always mean its pointless if it did you would die (eating, sleeping drinking breathing etc) what it means is disipline
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- Divergence replied Mar 21, 2011
wow a whopping 64 pip range for today with a myocardial infarction in the middle
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- Divergence replied Mar 21, 2011
i will sometimes take a trade if max is 30 but i will still use 26 pips as stop and target thats a bullseye fxwest
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- Divergence replied Mar 21, 2011
jmf yes i have a excel calculator where i put in acct size pct per trade and pip price based on 1 standard lot i have it tell me lot size from 9 to 26 pips also guys i dont know if i mentioned this lets say we have an entry at 4160 and we get in ...
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- Divergence replied Mar 21, 2011
i will answer both questions here b4 and t2 i posted a chart this morning please look at it do you see where resistence was broken and it became support? read thread and pdf's that were made etc to come in at the middle of a thread and not read it ...
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- Divergence replied Mar 21, 2011
notice price came down to support area and bounced you guys seeing this is a good sign you will be making money in due time when this piece and the rest of the pieces of the puzzle are clear in your minds
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- Divergence replied Mar 21, 2011
hey rc when things come into focus we can take off the glasses because we can see clearly now
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- Divergence replied Mar 21, 2011
all info is in the thread rsi 8 cci 8 sma 10 median h/L 2 also passgo i sent you a pm
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- Divergence replied Mar 21, 2011
yes the 2.4 rule usually relates to the second setup bar but sometimes the original might be away from sma based on what previous candle did maybe the candle closed above 10 but cci might have closed at say 45 making the next candle to open away ...
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- Divergence replied Mar 21, 2011
perfect rc it can be a little tricky at first but once you got it you got it lol
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- Divergence replied Mar 21, 2011
If we get a setup bar and next candle doesnt trigger the trade and that candle is still above the 10 and cci is still above the 50 that becomes the new setup bar with the high of that candle being the new entry price now if the next bar doesnt get ...
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- Divergence replied Mar 21, 2011
Here is a close up view of that trades sequence TARGET HAPPENS TO BE 1 PIP BELOW LAST HIGH
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- Divergence replied Mar 21, 2011
Thats a good hit startingover YES IF YOU SEE A RESISTENCE AREA WATCH PRICE ACTION AND IF THERE IS A BOUNCE BE READY TO MOVE STOP TO B E
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- Divergence replied Mar 21, 2011
Thats right rc guys these charts are bid charts so when we look to go long and you see a candle at 4160 it has to go to 4161 on the chart to enter though you are still buying at 4162 because spread is added in on long trades not short trades so ...
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- Divergence replied Mar 21, 2011
rcwso i dont see entry bar i see setup bar but next 2 candles didnt get you in ?
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- Divergence replied Mar 21, 2011
well trend was up there was a pullback you found setup bar it entered you managed trade you made money so i guess you followed the plan only thing is i dont see entry bar next 2 candles didnt get you in?
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