Kreslik.com - traders community since 2006

How about from the M30: http://i44.tinypic.com/5l4e2r.png I was trading H4 chart, it did look good, see below. And when I made the first two entries there was not serious problem on m15/m30. It did not look good at all. The bar you stuck the fib on didn't get anywhere at all. Trading is not about l...

1,2,3,5,8,13,21,34,55,89 If you want to start with $800 risk take out 5,8 and 13. If you want 1300 risk take out 8,13 and 21. Add zeroes to get your risk$ amount. 500 how many dollars you want to make 800 how many dollars you put at risk 1300 how many dollars you end up with at the end of the step. ...

Hi Captain, I think this is worth a book mark in the treasure map.. before it gets lost. http://kreslik.com/forums/viewtopic.php?p=66377#66377 The thinking like a market maker bit is good thinking material. And a chart to think about with that in mind. http://i1212.photobucket.com/albums/cc445/withn...

Nice to see your still around PP2 and trading is going well 8) I found that great post from alias myself a few weeks ago and have used it to make a simplified space plan that suits my simplified brain :twisted: My maths is also a bit crappy but I realised from something G told me that if I used fib ...

A post from Aliassmith you might find interesting. http://kreslik.com/forums/viewtopic.php?p=47713#47713
Cheers,
Withnail

Maybe this will help. Blue lines are S/D or Zlines. Fibs just to show yu where you are within the bigger range and where you are between the z line above and below price.

Cheers,
Withnail

Thanks Pebble, I was inspired by your previous thread and some of the tools in Oanda lab. Nice to play around with in between trades. I like to program stuff so its bit if a geeky thing rather that looking for an edge. There are some nice courses about stats and programming at coursea.org for anybod...

Nice graphic Pebble. May I ask what setup you are using for creating the graphics and which data source (live?). I have a couple of ideas (stats) that I want to make visual graphics from. I prefer not to do it in mt4.

Cheers,
Withnail

Planning gives me confidence. Picking good setups that I am happy with. Defining my loss and potential gain before the trade picking lot size based on MM rules and not feeling. I cannot scalp like ES and make decisions on the fly if I do that my trading decision resemble those of a looser - I tried ...

Nice bb. Small levels within bigger levels at extremes. Try to hold some position to catch the daily range expansion is the best recipe i know of to risk nothing to potentialy make a lot.
Cheers,
Withnail