spa wrote: glad someone "gets this" chart ... i can see how one set of CC's closes under a line and the other does not but thats about it, nothing jumps out for an a-ha moment.
I know you asked me to post a chart before, but others had posted better ones. See if I can help this time. It's still all about crossing or not crossing a line.
starting with mo's 2 lines : line #1 the first CC set crossed and the second stalled but followed -not much of a conflict.. line #2 CC crossed the line but the second failed thus signaling a reversal and the same on your example one CC crosses but the second fails creating conflict.
Braathen wrote:be thankfull for what u get, and how it is presented...
certainly am but also frustrated i can't put it to use on my own charts, it just hasn't clicked yet and hope it does, hate to be the guy still reading the forum looking for info a few months from now and would love to be able to contribute some trade charts
spa wrote: glad someone "gets this" chart ... i can see how one set of CC's closes under a line and the other does not but thats about it, nothing jumps out for an a-ha moment.
I know you asked me to post a chart before, but others had posted better ones. See if I can help this time. It's still all about crossing or not crossing a line.
starting with mo's 2 lines : line #1 the first CC set crossed and the second stalled but followed -not much of a conflict.. line #2 CC crossed the line but the second failed thus signaling a reversal and the same on your example one CC crosses but the second fails creating conflict.
Braathen wrote:be thankfull for what u get, and how it is presented...
certainly am but also frustrated i can't put it to use on my own charts, it just hasn't clicked yet and hope it does, hate to be the guy still reading the forum looking for info a few months from now and would love to be able to contribute some trade charts
MightyOne, most of my entries are always positioned off of D1, H4, and occasionally H1. I enter based off M5 and M15 with very tight stop that rarely gets hit before running a ways in my direction. I can exit with a decent amount of pips, but I've consistently seen 80+ pips left on the table for almost 60 - 70% of the trades I exit! I've heard you say you let your trades run off of higher time frame for massive gains...any suggestions?
Oh yea, I would set stop to break even and just see what happens, but I HATE getting stopped at BE so I always just exit with a modest amount of pips.
.gif "Thinking")
