Kreslik.com - traders community since 2006

what happens to the first and/or second green 5 m candle that opens above the pivot point of the candle that formed the support line - or the reverse situation bouncing off of resistance. (using the dynamic fibs) Almost regardless of H1 and D1 color Enter it as soon as it opens as long as it is abov...

I think part of the problem is that people may be trying to walk before they can run using this approach to trading. First you need to learn when to wait and when to pull the trigger. Then, if you want to stay in for more than a few pips, more than likely you need to be able to stomach some draw dow...

I am a donor:)

17 Pips for today @ $1 a pip

Being a runner, I know there are two ways to improve your performance, you can run further or you can faster. For trading, I have found that I would rather run faster, than further. In other words, I don't focus on accumulating pips (increasing my distance), but rather I increase my value per pip (i...

Which plugin are you using to generate this. I installed the rules of thumb, but it didtn give me the lines and the messages

TheRumpledOne wrote:

Just applying the rules of thumb.

I was learning how to use it.........i wasnt playing for 10 bucks a pip.........haha ha much thanks Razorboy, you are using a tool BEFORE you learn how to use it. You do NOT enter a LONG trade on a RED candle. Remember, price has to cross ALL OF THE LINES BEFORE YOU ENTER THE TRADE!! In other words,...

so all the way down those 10 red bars, this trend line indicator is telling me to go long?

I know 10 or 11 in arow is a freak happening, but without this trendline indictor, i would never have considered going long in this situation, what did i miss here

nope, just blew thru some support

Was my mistake not waiting to enter until it hit support, with the blue dots?