Simple as 1-2-3

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dchappy
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Re: Simple as 1-2-3

Post by dchappy »

I am convinced that if the divergence were not there you would have simply drew a TL and traded the breakout. :) ha ha ..yeah ..you are probably right ..I was just thinking there might be some way to show divergence without using an oscillator / histogram ...I have used just the ma before and eyeballing the space between it and the price line , but didn't like it as much .
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MightyOne
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Re: Simple as 1-2-3

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prochargedmopar
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Re: Simple as 1-2-3

Post by prochargedmopar »

dchappy wrote:Asia 123....?


Gives confidence but does not make it a winner.
Would be nice to have TRO do some statistical analysis
on the failure rate.

You are not profitable in trading because of macd or ao.
You are succusful in spite of it.
You intuitively pass on many trades a robot or newbie trader would take.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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MightyOne
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Re: Simple as 1-2-3

Post by MightyOne »

That was a nice move.

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dchappy
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Re: Simple as 1-2-3

Post by dchappy »

OK.....let's try this again ...
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dchappy
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Re: Simple as 1-2-3

Post by dchappy »

Seems to be stalling out ...may cover here soon...
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dchappy
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Re: Simple as 1-2-3

Post by dchappy »

Remaining flat with a pending sell below last hook ...
Columba
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Re: Simple as 1-2-3

Post by Columba »

For dchappy . . . I have just finished about the last 20 pages of this forum, and it was a pleasure. Your approach is straightforward, builds with my prior knowledge and is obviously net positive . . . probably significantly so which is just a nice way to say 'it works.'

You trade with 2 to 4 lots typically, pretty heavy for many of us, and I think this allows you to focus exclusively (mainly?) on the EJ. I have always struggled with trying to watch too much, too many, ensuring I miss most opportunities. I know you used to (still may) trade BZ on the EU, especially at the US open. If you followed a second pair for 1-2-3 would it be EU, something else, or "don't be stupid, just trade EJ." Yes, I do know you were working with the NU and GU prior to EJ . . . maybe they would still be the next tier choices.

I have tried to sort out how and when you would exit if in profit. Are you moving up to a higher chart and looking at S or R there . . . something clever from MO or ? <if you don't mind saying>. It does seem if PA slows down you may elect to close a winning position. I think TRO would like that . . . capture profit and leave something on the table.

I admire your style, results and willingness to share some of the 'harvest' from your ideas.

With appreciation, Columba
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Re: Simple as 1-2-3

Post by Columba »

MightyOne wrote:It's simple, almost too simple :-k

USDTRYM15.png


Amazing, I have never seen a chart marked with the Turkish currency.
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MightyOne
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Re: Simple as 1-2-3

Post by MightyOne »

Columba wrote:
MightyOne wrote:It's simple, almost too simple :-k

USDTRYM15.png


Amazing, I have never seen a chart marked with the Turkish currency.


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