@dragon33
as far as i can remember you did mention taking 3% risk per trade and sometimes more back in the days. yes, the indis are just there to help specifically new members to see something. ultimately i hope that they can learn how to read the naked chart so even if the automation and indicators are taken away from them they will still be able to see the entries clearly. i hope the new members really pay attention to your post (and your past posts too).
@TRO
i know and understand well what you said in that post. if members can really put what you mentioned there into trading they will be really shocked at how much they can gain from your post(s).
@nimo350
i'm just a small fly among those giants. and yeah... it's not that often to see them on the same page. maybe in the old days but certainly not until today. still waiting for es/pip to chime in. and the pleasure belongs to the members here Long live kreslik!
@joksa44
yes, any sema. but be sure to review my previous posts so you don't just carelessly think that i take every signal. i personally don't take all of them. get my target and quit. but that's just me. i'm just applying what TRO said long ago and repeated again several posts back "You need to know when to pick up your chips and cash them in."
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- aliassmith
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trueblueTEX wrote:aliassmith wrote: Oh btw, momo and zlines are on 5m charts for scalping along with s/d.
I kind of understand momo but don't have a clue about zlines.
Let us know what you come up with for notification on potential setups.
Thanks
A #3 sema on a daily could be important. Price broke out short after. Price returns back to where "The Herd" moved their Stoplosses. I call them order stack areas or zlines. The yellow box shows this area. Your stoploss would be nice above the #3, a weekly top.
Last edited by aliassmith on Fri Mar 01, 2013 4:48 pm, edited 1 time in total.
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- dojirock
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The sema's always above "the" line or below "the" line. The question is, "What comes first, the sema or the line?" In my book it's the line, then the sema, then the retrace, then the trade.
Use 3's (34), 2's(13), or my favorite 2.5(21)
Use 3's (34), 2's(13), or my favorite 2.5(21)
It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
- dojirock
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Let me clarify. The Sema does show up 1st, but doesn't mean any more to me than start watching for a line to form. In the process of a trade, the line is the 1st step and again a Sema being above it is confirmation.
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It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
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trueblueTEX wrote:aliassmith wrote:1 loss and 1 win using this method 50/50. loss 15 pips gain 30.
I just figured out how this is being 'played'.
Where is your lost trade?
Losing trade was the other day when the #2 disappeared. There was also another win later today.
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- aliassmith
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aliassmith wrote:trueblueTEX wrote:aliassmith wrote:1 loss and 1 win using this method 50/50. loss 15 pips gain 30.
I just figured out how this is being 'played'.
Where is your lost trade?
Losing trade was the other day when the #2 disappeared. There was also another win later today.
Second win
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- trueblueTEX
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so you wait until the wick has formed? then enter at the candle's low?
[s]It looks like you weren't using the solar wind in your "first win" post. There's a red dot under the sema candle where the arrow is.[/s]
Edit: stupid post!!
[s]It looks like you weren't using the solar wind in your "first win" post. There's a red dot under the sema candle where the arrow is.[/s]
Edit: stupid post!!
Last edited by trueblueTEX on Sat Mar 02, 2013 3:12 pm, edited 1 time in total.
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