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Simple Profitable Method
- Thread starter trader28
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Quote from jimns:
T28
It's the exits that I'm having trouble with.
I assume you got in on the ZLC at 8:34 - what triggered your exit?
jimns
I didn't like the way it blew down on me the next bar then shot up again... and it's a Monday with no data or news... never conducive to smooth patterns... you can almost always halve your target on days like this
Quote from trader28:
I didn't like the way it blew down on me the next bar then shot up again... and it's a Monday with no data or news... never conducive to smooth patterns... you can almost always halve your target on days like this
T28
Makes sense - Did you trade the ZLC at 8:54 with a 1 point targer?
jimns
Trader28,
Do you use the Macd Histogram at all? Or do you only
use the Macd moving averages? Or do you watch both the
histogram and moving averages?
thanks
snarlyjack
Do you use the Macd Histogram at all? Or do you only
use the Macd moving averages? Or do you watch both the
histogram and moving averages?
thanks
snarlyjack
Quote from snarlyjack:
Trader28,
Do you use the Macd Histogram at all? Or do you only
use the Macd moving averages? Or do you watch both the
histogram and moving averages?
thanks
snarlyjack
No histogram, it really just tracks crossovers and therefore takes the critical zero line out of the equation
Jimns
Thank you for sharing your chart set-ups and for taking the trouble to reply. I appreciate it.
Trader 28, from what I see some 400 pages+ down the line, your original rules and set-ups very much prevail despite folk adjusting some of the settings. It appears that they return to the original concept and that it is holding up well with the ER.
Sean
Thank you for sharing your chart set-ups and for taking the trouble to reply. I appreciate it.
Trader 28, from what I see some 400 pages+ down the line, your original rules and set-ups very much prevail despite folk adjusting some of the settings. It appears that they return to the original concept and that it is holding up well with the ER.
Sean
I've played with different indicator settings but I always
end up going back to the original settings. So now, after
all these months I am trying to get my set- up's exactly like
Trader28's.
Trader28, Do you use volume bars at the bottom of the
chart at all. You know, green bars for up/red bars for down?
thanks
snarlyjack
end up going back to the original settings. So now, after
all these months I am trying to get my set- up's exactly like
Trader28's.
Trader28, Do you use volume bars at the bottom of the
chart at all. You know, green bars for up/red bars for down?
thanks
snarlyjack
Quote from seancass:
Trader 28, from what I see some 400 pages+ down the line, your original rules and set-ups very much prevail despite folk adjusting some of the settings. It appears that they return to the original concept and that it is holding up well with the ER.
Sean
Yep don't fix what aint broke, chop will still kill this system as it will any other so if you are going to spend time on anything, spend it recognizing when to trade and when not to trade
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