I had just woken up when I read and responded to your text and all I could focus on was the reference that you made to the RSO. I personally don't use the word "instruments" to refer to different markets but it is totally proper and acceptable to ...

Trading Made Simple(r)

By saying: "instruments", I am assuming that you are referring to only the RSO? Otherwise, let me know. The RSO is an acronym for: RobinHood Stochastics Oscillator It's comprised of 2 Stochastics overlaid on top of one another using only the %D ...

Trading Made Simple(r)

Regarding the RSO (RobinHood Stochastics Oscillator)... I am going to post an image of JUST ONE WAY (out of many) that I use the RSO. It's a VERY POWERFUL indicator, with many, many nuances and very few traders (as a percentage) are likely to ever ...

Trading Made Simple(r)

Due to some extenuating circumstances, I have not had the time to post here for a good while, BUT I do visit this thread nearly every day, and I do read every post. I apologize to the Posters who have asked me for help/advice/explanations/etc. both ...

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Enough is enough. I said on Page 1, Post #1... And Lastly... If you are blatantly rude, obnoxious, insulting, or try to dissuade others in the thread with false information, you will be placed on IGNORE without warning (which means that you will no ...

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GBP/USD AUD/USD EURUSD And if you want to take a wilder ride: GBP/JPY AUD/JPY EUR/JPY 1 Min. - Scalping (Not advised to do) 5 Min. or 15 Min. - Day Trading 4 hr. or Daily - Swing Trading

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I do trade Futures and the Forex sometimes but currently, I mostly trade stocks.

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Yes, a lot! I don't trade that exact template much anymore, but it still works just as good now as it did almost 6 years ago.

Trading Made Simple(r)

From Post # 10,030: "About my other question, I watched how Robinhood explained that he suggested Micro futures to new traders, but the capital needed is misleading even form small accounts." TradeStation is one of the most used brokers to trade ...

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You asked me: "Was curious as to where you personally would enter a short position on the following chart" I answered, but you also must keep in mind what I wrote on Page 1, Post # 1: "What you must understand is that what's presented, as it's ...

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Here's a day trade I made today based on the 4 charts I showed earlier today in Post #10,018. I have heard many a trader say "indicators don't work" or "I don't use any indicators"...blah, blah, blah, to each his own. So I am going to break down the ...

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I don't use it because it doesn't fit my trading style, and when day trading the S&P which I do every day, I rarely enter before 10 a.m. eastern time.

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I can't give you one specific answer because there are too many variables that I don't know. I am looking at just one piece of the puzzle, but just based on your image there are several different entry methods one could employee here. But if you ...

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Go back and re-read Post #10,001. I just updated that post with some interesting trading books that you can download.

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I get it. It happens to me almost every day, remember... "Perspective Determines Opinion" So here's my perspective about it... Does every professional baseball player swing at EVERY perfect pitch (at least in theory)? Yes. Does he hit the ball every ...

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The higher time frames such as 4 hr. and the Daily.

Trading Made Simple(r)

On average (simple guess) how much time do you spend on the charts? About 10-13 hours a day. Do you have a set timeframe that's your favorite? 2 min. charts when day trading. Do you avoid specific times? Usually 3 -4 p.m. eastern time. Second ...

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Personally, I dislike the way Price moves on a 1 min. chart most of the time, but it's like a train wreck that I can't stop watching, lol. I much prefer the 2 min. as it is usually way smoother than the 1 min. Here's an example from my trading ...

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Good, I am pleased to hear that you are having success using the RSO as it's a very powerful indicator, but it also takes a long time to understand its many nuances. It takes hundreds of hours of screen time to train your eyes to see it all, or at ...

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I always try to be conscious of S/R areas but I don't use them to trade per se. Personally, I think they work better on the Forex than they do on stocks. The Forex often trades between "levels" thereby creating S/R areas. The Forex is just ...

Trading Made Simple(r)