Simplicity Is The Ultimate Sophistication!
- Joined Aug 2009 | Status: Just trade it! | 1,230 Posts
Money is made by sitting, not trading. Jesse L. Livermore
If you haven't made it yet, what makes you think you will? 212 replies
Trading is 90% mental - Second guess yourself, you'll fail 13 replies
Why Indicators will fail you 350 replies
Why You May Fail Going From Demo to Real 4 replies
Disliked{quote} Oh Well Mr.Inthebox: You are not in a box really a very nice description about the signals clearly understood. Could you please tell me one thingIgnored
Disliked{quote} A non trading day and you were up at 3 am LOL. The name is to remind myself one has to look inside himself first to find answers, before looking out of the box. For me personally, it is not mandatory but important depending on situations and your own experience. For example, during ranging times, price likes to go below yesterday's low to take out stops to get in at a better price before resuming its up direction. In a running up trend with momentum, price may not even go anywhere near or below yesterday's low. Yesterday's high low and today's...Ignored
Disliked{quote} It's not a valid signal until the bar has closed and the PO should be below the low of the previous bar.Ignored
Dislikedhi joseph95 (or somebody else), please look at my questions on the picture, thanks! {image.}Ignored
Disliked{quote} Thought provoking questions. Since no one is answering yet, let me attempt to. This is my personal view on hindsight. This was a ranging area and later the trend was reversed upward. So losing money here is normal. It should be alright if one is still making money on a monthly basis. Just like any other systems, test over a period of time to see whether it suits your temperament. 1. Type 2 setup, place pending buy order above candle 1. Candle 1 can be of same colour as signal candle. 2. Pending buy order placed 1 pip above candle 1 high....Ignored