Quote from osho67:
There are so many good charts in the journal. When I open them they are too big lenghwise as well as breadthwise.
I would like to print some charts in A4 size. How do I go about doing this?
Help much appreciated
Thanks
Quote from Piscuy:
This bar that is marked is your signal bar. If you break the high of the bar by one tick, you go long, if you break the bottom of the bar by one tick then it is a failure. You can in fact play both the break of the bar to the upside and the downside. If you get good enough at this, the failures will provide you with some of the best entries you can get since a trend change starts with a failure.
Quote from iluv2trade:
Piscuy,
Thanks for the HA explanations!
Got a few questions, if you dont mind, on your method:
1) when you say you build a position, do you mean avging down as long as you're with the trend?
2) N8 has a lot more signal bars than NQ9,10... any reason other than 8 is a larger sample example?
3) for entries, you use limit or mkt orders? seems harder to do limits on faster charts
Thanks!,
i
Quote from timokrates:
Hi Piscuy,
great that you decided to show how you trade. I realized that not much questions have been asked. Maybe because it's nice and simple, what you explained so far.
I would like to ask how you get in. Do you enter limit orders above and below the signal bar?
You mentioned that failures can be very powerful so do you always place OCO orders on both sides?
Above all it would be great if you could get over stop placement and risk management in general. Could you post a chart?
You also mentioned that you only use one chart (1000 volume on NQ?) to find entries and exits. So no anchor charts or anything comparable?
Last question: Do you use the tape as well?
Big thanks for everthing in this outstanding thread.
Yogi Anek, wish you a great time...