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Simple Profitable Method
- Thread starter trader28
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Quote from miniFORTUNE:
quote from FlungDung:
We hear Hershey trder girlfriend is Orman woman. This true??
________________________________________________
Flung:
It can not be true Susy says she pisses standing up...
mF
Hello MiniF trader ... so she no have toilet seat.Yes???
Thank you for explain. We now see she has problem. we fix. yes?
f dung send from ship to Orman woman new toilet seat. it have even seat warm attach. ha ha . this good. yes?
Yes ha ha we have 25,000 toilet seat on ship. we bring to USA to find $$$no risk up bid$$$ trdrs buy seats. We salvage all after big blast when stupeid peasant riot at fireworks factry next to toilet makeing. FV = 10usd. CoastGrd USA no let us go to port yet.
must now go. try to find radiation leak on ship.
f Dung
This thread has gone off topic about 8 million times. This is one of the reasons it is rolls on with a seeming life of its own; I personally enjoy the diversion. This method works great in trends on any timeframe. For example, the geniuses on "Fast Money" suggest trades. OK go long the DIA, so I am now long DIA, where do I get out, where do I get out if I am wrong? The offset moving average gets you in and out of a trade with the MACD as a filter.
Here is the OP (original posters) comment.
"Thing is just about every trader I know either only uses the MA cross, or the Zero Line cross... one is trend, the other is momentum... I cant believe how many good traders dont see that almost all the trades that really move have the combination of the two. They'll go long on a MA cross to the upside when it is well below the Zero Line and wonder why it fails and has no momentum"
The problem is that markets don't trend all the time or trading would easy as hell. Filters don't totally save you from chop. Not overtrading and money management helps a lot.
Here is the OP (original posters) comment.
"Thing is just about every trader I know either only uses the MA cross, or the Zero Line cross... one is trend, the other is momentum... I cant believe how many good traders dont see that almost all the trades that really move have the combination of the two. They'll go long on a MA cross to the upside when it is well below the Zero Line and wonder why it fails and has no momentum"
The problem is that markets don't trend all the time or trading would easy as hell. Filters don't totally save you from chop. Not overtrading and money management helps a lot.
Hi Guy's,
When I referred to the "SPM Guidebook" I was referring to
all 407 pages of this little read.
The SPM started out simple but different traders around the
world started trying it and giving their opinions and suggestions.
We have traders from (England, New Zealand, France, Australia,
Usa, Canada, plus all the different states).
Welcome to the Jungle we have fun and games for everyone!!!
snarlyjack
When I referred to the "SPM Guidebook" I was referring to
all 407 pages of this little read.
The SPM started out simple but different traders around the
world started trying it and giving their opinions and suggestions.
We have traders from (England, New Zealand, France, Australia,
Usa, Canada, plus all the different states).
Welcome to the Jungle we have fun and games for everyone!!!
snarlyjack
Hi T28,
I have read every single darn page in this thread, my head is still spinning, and apologies if the answer is here but I have yet to find it.
Trader 28: Early on, you talk about a profit target of $200 per trade. You then mention trading several contracts at a time: "
3 to 5 depending on level of confidence . . ."
So my question: Is your profit target $200 overall, or 2 points? (With 5 ticks and 4 contracts, you'd reach your profit target sometimes very quickly.)
BTW, I have been successfully trading this method using the 3+2MA breakout signal for over a month now. Like many others here, I sincerely thank you for offering this method and taking the time to takes all the questions. If you ever find yourself in Portland OR, it'd be my pleasure to take you to dinner. A REAL nice dinner. =^)
Prosperity to you,
johngo
I have read every single darn page in this thread, my head is still spinning, and apologies if the answer is here but I have yet to find it.
Trader 28: Early on, you talk about a profit target of $200 per trade. You then mention trading several contracts at a time: "
3 to 5 depending on level of confidence . . ."
So my question: Is your profit target $200 overall, or 2 points? (With 5 ticks and 4 contracts, you'd reach your profit target sometimes very quickly.)
BTW, I have been successfully trading this method using the 3+2MA breakout signal for over a month now. Like many others here, I sincerely thank you for offering this method and taking the time to takes all the questions. If you ever find yourself in Portland OR, it'd be my pleasure to take you to dinner. A REAL nice dinner. =^)
Prosperity to you,
johngo
partial quote from JOHNGO:
....... I sincerely thank you for offering this method and taking the time to takes all the questions. If you ever find yourself in Portland OR, it'd be my pleasure to take you to dinner. A REAL nice dinner. =^)
___________________________________________________
I also thank him for sharing this wonderful thread. Bu I do not have the courage to invite him to dinner. He is ...sleepless in Australia.
Caution johngo: if you are a "he" do not bring your girlfriend or wife with you. If you are a "she" take him to dinner but not on Saturday. If you are 'it", well nobody knows the outcome.
Best!
mF
....... I sincerely thank you for offering this method and taking the time to takes all the questions. If you ever find yourself in Portland OR, it'd be my pleasure to take you to dinner. A REAL nice dinner. =^)
___________________________________________________
I also thank him for sharing this wonderful thread. Bu I do not have the courage to invite him to dinner. He is ...sleepless in Australia.
Caution johngo: if you are a "he" do not bring your girlfriend or wife with you. If you are a "she" take him to dinner but not on Saturday. If you are 'it", well nobody knows the outcome.
Best!
mF
Greetings from the UK - a wet and windy day as ever.
I have just been checking on the latest posts on the longest thread on the web and I wonder if you could assist a fellow trader please?
Somewhere along the line I missed the bit about using the 3ema with +2 offset. Although I know that traders who use this are doing so profitably I have no idea how this is being traded. I understand of course the MACD cross and the zero line cross methodology. Is there any way someone could fill me in please? I'd be grateful.
Thanks
Sean
I have just been checking on the latest posts on the longest thread on the web and I wonder if you could assist a fellow trader please?
Somewhere along the line I missed the bit about using the 3ema with +2 offset. Although I know that traders who use this are doing so profitably I have no idea how this is being traded. I understand of course the MACD cross and the zero line cross methodology. Is there any way someone could fill me in please? I'd be grateful.
Thanks
Sean
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