Kreslik.com - traders community since 2006

Hi to everyone!

Haven't been posting lately. I am using a modified system based on volume, price and time, and no indicators

Thanks dchappy. Without you I wouldn't have progressed to where I am now.

Enjoy and talk to you all soon one day.

Lis

Thanks, Patch. The indicators on the chart are Regression Channel Lines and LSMA. I am using Regression Channel Lines because plain regression channel (the parallel lines) doesn't show the correct historical figures. The diamonds are LSMA and LSMA change. Regression Channel Lines and LSMA (line) hav...

lukx, I would suggest you develop a trading plan including the entry/exit criteria and money management method (eg. fixed fractional). Think carefully about each steps. After you have the plan on paper you start practicing until you can execute the plan without even thinking about it :) Using real o...

lukx,

What's your money management plan?

Lis

lukx, Here's my M15 chart. http://i36.tinypic.com/2m31zfd.gif I think your entry and exit were both valid. The issue was that the upward momentum hasn't been exhausted yet (small red HA body and the LSMA was still going up). The Regression Channel (or Lines) is your "semafor". Personally I...

Looks like you should, lukx. But no need to be greedy Keep your profits and be happy

Lis

San-Sema



Lis

IMHO, when buying/selling is done (by the big boys) you have the exhaustion points.

Lis

lukx,

dchappy is right. BTW, losing trade is part of the game. Think of it as business expenses. Just make sure it's small relative to your gains.

I use M10 chart with good result.

Lis

Here are the indicators. The Linear Regression indicator on pg 6 of this thread is not the same as the one in NinjaTrader. I have made the NT version into MQ4 (Regression Channel.mq4). Regression Channel Lines show the current and previous position of the Regression Channel. LSMA is part of the Wood...