Here's why I created the thread... The Starfish Story Once upon a time, there was an old man who used to go to the ocean to do his writing. He had a habit of walking on the beach every morning before he began his work. Early one morning, ...

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It's easiest to learn and understand how the indicators change colors by watching them on a 1 minute chart. They don't actually work real time in the way you would think they would when you look at a chart later. You can't enter a trade UNTIL the ...

Trading Made Simple(r)

Here is a nice AUDUSD Continuation Trade I entered on the 4 Hr. chart yesterday. Notice how I keep moving my stop up, locking in profits all along the way? I'll post the exit when it happens and why I chose to exit. image

Trading Made Simple(r)

Here is an ideal trade set up that I just got into on the 4 hr. GBPJPY chart. The Daily, Weekly and Monthly charts are all in a down trend. PLUS, this pair just broke the trend line. image

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The trade may work, but the Daily chart is still "technically" in an uptrend and ideally, you don't want to trade in the opposite direction of the Daily. See below: image

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I told a member in a private message that I would post this for him because you can't send attachments in private messages. image

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2. Small stops and small profit targets but with multiple units I find an entry that I believe has a high degree of winning such as: the FIRST continuation after a pullback in a trend. I'll exit when the reward is 1, 2, or 3 times the as much as the ...

Trading Made Simple(r)

I am not the right person in my opinion to advise you about managing capital. I use unconventional methods that I would not advise others to use because I have a very high tolerance for risk, and the vast majority of other traders don't. How I ...

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What's the number of the post?

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Thank you.

Trading Made Simple(r)

Here's a Continuation Trade (with a Slight Variation) that I took yesterday on a 4 hr. chart. It's the same type of entry I talked about earlier today at the bottom of Post # 482. Notice how the Stochastics 8,3,3 goes down and "kisses" the Purple 50 ...

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You're welcome. Thank you for your comments. Best of luck.

Trading Made Simple(r)

Roni, I'm sorry that you weren't satisfied with my answer but it was as clear as I can get and as honest as I can be. I said: 1. I do not have any one set method that I use to exit. 2. I use ANY combination of 2 or 3 (or more sometimes) of the 7 ...

Trading Made Simple(r)

It's all on Page 1, Post # 1, but I will try to make it a bit clearer with 3 trading examples on the charts below. Continuation Trades: A Continuation Trade is when there has already been a trade in that direction, but you were stopped out OR got ...

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Thank you for your kind comments, and welcome! "RobinHood = truly taking from the rich and giving to the poor." I am glad someone finally made the connection. LOL!

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Once you add all the indicators and templates, make sure you close down MT4 and restart it. Then load the template onto the chart.

Trading Made Simple(r)

You are overthinking it. It's just a trade. I do many of them on most days without giving any of them too much thought. They either work out in my favor or they don't. The entry is often the least important aspect of a trade. It's much more about ...

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The risk is that we could lose. I'm already in it. image

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file

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I was thinking about chart patterns today and a pdf I have about chart patterns. I wanted to share it with everyone but FF won't let me because the pdf file size is too large. I may trying breaking it into 2 pdf's so I can post it. image ...

Trading Made Simple(r)