dchappy wrote:Thanks for the interest Phil : I honestly havent been posting because there really isn't much more to say ..hehe
I have been concentrating on trading divergences on a bigger chart (20 range ) and am learning each day .
I'm convinced that most of what we need to be successful , in this business , can only come with LOTS of screen-time , self searching and agony . There isn't any short-cut .
Just find a simple ,proven set-up ...and MASTER it ...it will be worth the effort .
I'm holding this trade from Asia , last night .....
I understand what you´re saying. I didn´t mean to search for any shortcuts, I just thought It is helpful to see when and where you enter a trade. In this scenario it gives more feedback when we can compare our entries and failures with yours so we can learn from our mistakes.
I know this setup is hopeful and i´m studying it live and print charts and examine those when traveling back from work etc.
So trading this system with divergences is just a personal preference or do you see more benefits in using the divergences instead of the CCI?
In this last trade, you were almost stopped out didn´t you?