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JoshDance replied Sep 12, 2007No such thing on MT4. 1min is the lowest amount, besides the tick chart on the left which you can get but not annotate or add studies to.
Linuxtroll Simple Scalping
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JoshDance replied Sep 11, 2007Thank you for your feedback LT-- and I will be trying scalping more and more thanks to your help. However, I must respectfully disagree on one point. As what you have outlined here is not a system but rather an entry method, the matter of risk and ...
Linuxtroll Simple Scalping
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JoshDance replied Sep 11, 2007Yep... I keep seeing talk of head and shoulders, but I have seen very few charts where it actually works. As it's one of the most commonly taught patterns, it's bound to be subject to manipulation.
james16 Chart Thread
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JoshDance replied Sep 11, 2007FXSurfer, I'm by far no expert, but perhaps you could try a 1, 3, or 5-min timeframe? I know there's lots of action on the 5s but let's be honest--the noise at that level is so high that only a veteran can make money on it... and for those with not ...
Linuxtroll Simple Scalping
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JoshDance replied Sep 10, 2007You have two options: #1: Limit + Stop Market order #2 Market + TTO (market entry, and TTO is SL + TP... OCO order)
Linuxtroll Simple Scalping
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JoshDance replied Sep 10, 2007Bruno, check out my comments on your chart.... this could be very helpful for your trading (I hope!) !! Also, note along with the comments on the chart that it seems you're using a tick-by-tick chart, which can be very difficult to determine the ...
Linuxtroll Simple Scalping
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JoshDance replied Sep 9, 2007Taking a little vacation. Will be back online after a while... still trading, just working on some things :-)
Josh's Journal (JoshDance)
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JoshDance replied Sep 9, 2007Doubtful. It uses early exits ("take half off"), which goes contrary to "let your profits run", and it uses a "double your position when you lose" position sizing strategy, which goes contrary to "cut your losses short". Even if it had a reasonably ...
Simple MACD w/ Semi-Martingale MM
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JoshDance replied Sep 9, 2007nhallmark, that's a quote by Thomas Edison... it's the preface quote to Chapter 13 of Van Tharp's TYWTFF book... not surprising to find it on here :-)
Linuxtroll Simple Scalping
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JoshDance replied Sep 9, 2007I was browsing this thread over, and on the first page I found this statement. I just wanted to comment that my belief is the same as well, and it is SO true from my standpoint. As Tharp says in his book, hardly any system will give an entry which ...
Jacko's Forex House of Pleasure and Pain
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JoshDance replied Sep 3, 2007EURUSD — Compression among ALL guppy MAs for EURUSD daily => Price agreement... which we know can't last for very long... => big price move coming soon.
The Ultimate Guppy Multiple Moving Average (GMMA) Thread
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JoshDance replied Aug 30, 2007BWR's? I'll repeat that IMO whether you use a 14,3,3 stoch or a 5,3,3 stoch, or whatever, unless you really understand WHY you are using the indicator, and better yet, WHEN to use it, then you will lose money. As for timeframes--they are very ...
The Ultimate Guppy Multiple Moving Average (GMMA) Thread
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JoshDance replied Aug 29, 2007If you have a broker who uses Sunday bars and you're not trading live with that broker or don't plan to, just get a different broker who does not have Sunday bars. It's a lot less confusing that way. Plus, if you have any indicators (I use GMMAs) ...
james16 Chart Thread
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JoshDance replied Aug 29, 2007I'll let BWR answer this, but default settings that most use for macd are 12,26,9, and stochs are usually something like 14,3,3. Be aware that your period settings are not as important as learning how to properly use the indicator--one period will ...
The Ultimate Guppy Multiple Moving Average (GMMA) Thread
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JoshDance replied Aug 27, 2007Try these — These indicators are the best I've seen and blow away any others I've found, as they draw past pivots as well as current, for backtesting purposes if you choose to do so. They only show lines from the point the pivots are valid, as ...
james16 Chart Thread
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JoshDance replied Aug 27, 2007Trade 037 — EURAUD Long @ 1.6541 | SL 1.6386 Rationale: Daily PB, close to the 50% retracement from the major swing low to high. (pinbar in the picture looks very small because of such a large range, but it's not insignificant)
Josh's Journal (JoshDance)
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JoshDance replied Aug 27, 2007Trade 036 — USDJPY Long @ 115.62 | SL 115.25 | TP 116.35 Rationale: Price is in a short-TF range right now. Price has hit a minor PPZ where price found support recently, and price dipped below and was rejected. The logical place for price to ...
Josh's Journal (JoshDance)
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JoshDance replied Aug 27, 2007Trade 035 — GBPUSD Long @ 2.0088 | SL 2.0045 Rationale: 50% Fib retracement on current minor uptrend. This is not an A trade, in my book, so I'm only risking 1% of my balance. Price has shot down to the 61.8% and right back up since I got in ...
Josh's Journal (JoshDance)
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JoshDance replied Aug 27, 2007Good find on the EURAUD pin! I use standard daily/weekly/monthly pivot indicators that people have posted here on FF. If you need a recommendation let me know and I'll post mine.
james16 Chart Thread
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JoshDance replied Aug 27, 2007mamutot, as this is mostly a price action-based thread, I got your humor even if J2 did not :-) lol, it's hard to indicate humor with text only sometimes isn't it? :-)
james16 Chart Thread