Did'nt catch all of these ...but there were good oportunitis this week on EU .
I'm convinced that, for me, the easier $'s are on the larger time/range frames .
Trade well
NINJA PLATFORM
Moderator: moderators
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
- Patch
- rank: 500+ posts
- Posts: 941
- Joined: Sat Jan 06, 2007 6:13 pm
- Reputation: 0
- Location: Virginia
- Real name: Jeff
- Gender:
- Contact:
dchappy
I feel stupid asking, what specific time frames are you referring to in your 2.19pm post above?
Thanks,
Patch
In VA
I feel stupid asking, what specific time frames are you referring to in your 2.19pm post above?
Thanks,
Patch
In VA
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO
Hi Patch , No Problem ,
Untill a few weeks ago I had been trading 5-10 range charts .
Since then I switched to 20 - 25 range charts & I really like them .
I've found there is a lot less " false " signals , and it's easier to let the good trades run .
I always set my stop above/below the last swing ...so the stops are larger ( sometimes 30-50 pips ) . I know that sounds HUGE , but I'm trading smaller lots & going for more pips .
And if you look at that last chart ,, every stop held .
The way I see it , I believe I can finally make a living wage trading only a handful of mini's ,
with small risk and only 1-2 trades per day .
( also .. maybe I won't have to get up at 3:00 am everyday )
Chap
Untill a few weeks ago I had been trading 5-10 range charts .
Since then I switched to 20 - 25 range charts & I really like them .
I've found there is a lot less " false " signals , and it's easier to let the good trades run .
I always set my stop above/below the last swing ...so the stops are larger ( sometimes 30-50 pips ) . I know that sounds HUGE , but I'm trading smaller lots & going for more pips .
And if you look at that last chart ,, every stop held .
The way I see it , I believe I can finally make a living wage trading only a handful of mini's ,
with small risk and only 1-2 trades per day .
( also .. maybe I won't have to get up at 3:00 am everyday )
Chap
Sometimes it pays to bend the rules a little ...
Took the short without the cci trigger because :
1. There was a nice clear semafor
2. price had been falling for several days
3. risk only 1 mini-lot as a " feeler"
( cci trigger apeared almost 12 Hrs later )
Have a nice Thanksgiving .....
Took the short without the cci trigger because :
1. There was a nice clear semafor
2. price had been falling for several days
3. risk only 1 mini-lot as a " feeler"
( cci trigger apeared almost 12 Hrs later )
Have a nice Thanksgiving .....
- Attachments
-
- $GBPUSD 11_24_2009 (25 Range).jpg (92.93 KiB) Viewed 2845 times
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
Lukx : On 20 range , I set the regression channel to 100-120
in cci parameters set the period lin. reg. to 50 - 60
This will slow down the indicators to match the larger/slower range .
I did'nt trade today , but I would have been long near london open & exited when price hit the opposite channel .
Did you like the frog ?
Trade well......
in cci parameters set the period lin. reg. to 50 - 60
This will slow down the indicators to match the larger/slower range .
I did'nt trade today , but I would have been long near london open & exited when price hit the opposite channel .
Did you like the frog ?
Trade well......
- Attachments
-
- $EURUSD 11_25_2009 (20 Range).jpg (60.13 KiB) Viewed 2774 times
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.