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| How to Trade 10.x Like a Boss https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=2505 |
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| Author: | Ingot54 [ Mon Jun 17, 2013 1:12 pm ] |
| Post subject: | Re: How to Trade 10.x Like a Boss |
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| Author: | bourgenot [ Mon Jun 17, 2013 1:17 pm ] |
| Post subject: | Re: How to Trade 10.x Like a Boss |
Hello again, now I understand better! If RSITMA 4H rises and CSS turns green one buys (reverse also). I'm glad I'm starting to understand the Simplicite of the method and its (+) Financial interest, congratulations and thank you Jemok! |
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| Author: | pips400 [ Mon Jun 17, 2013 1:28 pm ] |
| Post subject: | Re: How to Trade 10.x Like a Boss |
The important thing is that the RSI2 TMA 4H is "pinned" first. That means either right at the top or right at the bottom. The reason is that with the RSI2 is pinned you're getting into the trade at the optimum point. If RSI2 is not pinned price can retrace further which means greater DD and stress! That's why Jem says to wait for a good retrace, otherwise if we're not patient it's possible to place the trade too early. So after the retrace then we're looking to the CSS colour change for the entry. If you're an aggressive trader you can place the trade soon if the CSS lines are converging and you are confident. |
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| Author: | jakatarung [ Mon Jun 17, 2013 1:44 pm ] |
| Post subject: | Re: How to Trade 10.x Like a Boss |
Better i go to sleep with my child.. nite all.. |
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| Author: | bourgenot [ Mon Jun 17, 2013 1:44 pm ] |
| Post subject: | Re: How to Trade 10.x Like a Boss |
Pips400, thank you for your good advice, indeed I tend to take positions too early, so I have to respect the rules! good time for you, friendly and respect! PS : I can not find, then I ask you: I would like, indicator alert when CSS changes color, thank you to help me, respect to you all! |
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| Author: | nicoacademia [ Mon Jun 17, 2013 3:04 pm ] |
| Post subject: | Re: How to Trade 10.x Like a Boss |
this is a start to the week that even the big money doesn't know what it wants. it keeps throwing things but nothings sticking. stay out of aggression. somethings gonna hit the fan. not sure what. but it will dictate at least the next 2 months movements or more. just look at the movement of the market. i don't like fundamentals. but i can't help but see the vibe the market is giving. and looking at the G8 calendar. rate statements across almost all symbols. we march to the beat of the markets. EURNOK turned out well. but i mean wth. i've never traded EURNOK. and how related is that to the macro world economy. nein. that's like the little town in europe land(no offense to any Norwegians) it's like an intra europe pair anyway. take a chill pill. tomorrow it will be better. somethings going to hit the fan. by the end of the week. "if you stay good and nice" the market will show u the way forward. |
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| Author: | websie [ Mon Jun 17, 2013 3:50 pm ] |
| Post subject: | Re: How to Trade 10.x Like a Boss |
bourgenot, if you need to find useful things like that I suggest you go here http://www.stevehopwoodforex.com/phpBB3 ... =37&t=1492 all the things you need are there, bookmark it |
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| Author: | bourgenot [ Mon Jun 17, 2013 4:22 pm ] |
| Post subject: | Re: How to Trade 10.x Like a Boss |
T'anks Websie |
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| Author: | MurphyMan [ Mon Jun 17, 2013 6:08 pm ] |
| Post subject: | Re: How to Trade 10.x Like a Boss |
A little trick I learned from the late great David Elliott a.k.a. First Wave. Think of the RSI2 as a rubber band, that gets stretched out. You want it to be stretched as far as possible, so when released it "Snaps Back Up", or "Snaps Back Down". So when looking through the charts at review time, I look to see if it's ready to Snap Back Up or Snap Back Down. Sam |
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| Author: | sponn [ Mon Jun 17, 2013 6:28 pm ] |
| Post subject: | Re: How to Trade 10.x Like a Boss |
Was boring... but so many setups on WP now (or in last few mins). |
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