Recent content by Soweeak

Hi, I agree with Eddiefl. If your system makes money just take each and every signals, use money management rules and enjoy easy money.

It can be a very naive answer, but I think you can only know there is a change in a trend when it does occur, then you could use Dow Theory to define your trend and be careful when in a bull trend a new low is below the last low or when your new high is not higher. In terms of indicators...

"Trading in the Zone" =>80% of my trading skills "The Dow Theory" Rhea => let's go back to basics and of course "Reminiscences of a stock operator"

Hi, I apply every winning strategy I find, and if it's really a winning one but the issue is the amount of cash you earn, what dont you triple the number of contracts ? I assume your trading plan includes money management rules (I mean you're not at your max with one contract). Best...

Hi, Let's be back to hammer, please tell me if Im correct (S&P500) The first one at the bottom could be a reversal Bullish WhiteHammer, the second one a bullish continuation White hammer. Could you please add some coments (hidden things I should look before I put my trade on. thanks...

I think I will start studying Nial Fuller's website, is it worth reading (for price action) ? I almost sure i've seen some of his charts in a thread on ET. http://www.learntotradethemarket.com/forex-trading-commentary/

Thank you for your answer, Ive read the 25 first pages (and printed the charts), but I needed your hints now on this. You re right my question was : is it a valid hammer line. About price action, I know I have a lot to learn, it seems it is a world with NO limit, could you give me the...

I would like some advices on this, is there anything that can tell you this inverted hammer (red arrow) will fail ? Maybe I have to wait for the next bar before going short ? Thanks

Hi all, I've been "studying" the market for a few months now, and trading live for a few bucks (currently paper trading as it didn't work). I solved some of my problems, but my two main lacks today are : Fear (not the right topic) and Stop Losses. I actually use the "obvious" stop loss...

What if you change your strategy and a new trend appears ?

I think writing a set of rules is quite easy, but the point is : will you apply them consistently ? I am currently working on that, I can tell that I need a lot of time before I go back (for big money) to the market. Have fun

Hi, About the call, you have to wonder if the seller of the call wants to buy it back, does he pay the same premium ? + (Premium N) - (Premium N+1) = ? Good Luck for your "challenge"

I have three questions, If you have a position of 3 contracts and you have some money management basics, where are your stop losses ? If you want to add money when broke, how can you trade seriously ? I really can't. If you think you'll be broke, why do you trade (are you going live...

IM not an expert, but in terms of fractals, if it works on a monthly, weekly and daily basis, it must work on a intraday basis... For the 1 min chart I guess you cannot read anything because of the noise