The ideas that I trade by:

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Sandra
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Re: The ideas that I trade by:

Postby Sandra » Mon Dec 15, 2014 5:15 pm

dchappy wrote:
Sandra wrote:
kate682 wrote:Been over and over it all.
Feeling totally lost.
If you have a cone, at what point do you enter a trade.
When it closes 'over something'.
Although I'm adding to my account, I lack consistency.
I've been bashing away at this for years now.
What aren't i getting i keep asking myself.
I have got to be either stupid, or lacking something basic.
My trading seems like a war zone.
I am feeling so despondent right there and now.


Me too...i dont even know what to ask anymore.... :(
ask,"what happened at 8:30, then ask " what happened at 4222 ?
Screenshot_2014-12-15-10-48-50.png


ok, at 8:30am price made a new high and was above the ma.
@4222 price dropped below it after 9:00am

S.

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Captain Pugwash
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Re: The ideas that I trade by:

Postby Captain Pugwash » Mon Dec 15, 2014 5:28 pm

and the same chart tweeked so that i wished i had not posted the first

2014-12-15_1726_001.png
2014-12-15_1726_001.png (69.34 KiB) Viewed 565 times
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xXx
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Re: The ideas that I trade by:

Postby xXx » Mon Dec 15, 2014 5:31 pm

I miss the old times:
"Is closing higher or lower than something"
:cry:

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xXx
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Re: The ideas that I trade by:

Postby xXx » Mon Dec 15, 2014 5:46 pm

It was closing lower than something... :mrgreen:

EURUSDH1.png
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alexi13
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Re: The ideas that I trade by:

Postby alexi13 » Mon Dec 15, 2014 5:51 pm

Captain Pugwash wrote:OK as promised a markup
Whether its right or not it felt better for me to have a structure of "how to look"
The pink lines are my starting point - all else fell apart from there :lol: !
Then I tweaked em (a tad) after adding the blue
Image
2014-12-15_1634.png


Oh man, I looked at your chart and realized that I somehow overlooked this wonderful short on GU today #-o

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Re: The ideas that I trade by:

Postby dojirock » Mon Dec 15, 2014 6:23 pm

Can someone please post the updated period converter indicator for me...my version isnt working.

doji
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Re: The ideas that I trade by:

Postby alexi13 » Mon Dec 15, 2014 6:33 pm

dojirock wrote:Can someone please post the updated period converter indicator for me...my version isnt working.

doji

This one should work
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P4L PeriodCon 509.ex4
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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Mon Dec 15, 2014 6:35 pm

xXx wrote:I miss the old times:
"Is closing higher or lower than something"
:cry:


That is exactly what we do today...

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Re: The ideas that I trade by:

Postby Captain Pugwash » Mon Dec 15, 2014 6:41 pm

And I hope tweeking is ok as an ongoing markup as price expands

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Re: The ideas that I trade by:

Postby MightyOne » Mon Dec 15, 2014 6:45 pm

Do you mean that I should literally decide where to double just a minute after my first entry? -Alexi13


'Adding' is simply the thing that you do prior to moving your stop loss to normalize risk.

If trading is placing and trailing stops then when would you add?

The moment you are comfortable with a stop that is closer to the current price.

For a short time you can move price from 2+ day extremes to say H4 swings; you just need to be aware
of the need to re-position your stop back at a long term extreme prior to holding.

The only way that you can survive long term trends is to keep your stops out of short term ranges.

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