idempotent wrote:hansnl wrote:You really don't need anything else ..
Just follow the movement on a 30min chart and you trade like a pro in two days time.
A bold claim. Very keen for examples.
/quote]
Indempotent and swg123,
Sorry for not being clear, but what I would share was that trading with the basic principals of Nanningbob combined with this super indi NT-TMA-CSS-SP brings in such amazing monthly score.
I always had a problem to cut losers at a certain point but this indi tells you when to act. get out when the spaghetti starts to confluence.
Get ready to enter a trade when the diff line crosses the baseline. (0.00 )
My Nanningbob mindset tells me, trade small lots/ stoploss min. 100/ recover/ always watch tma daily / take profit when it still on the table near Supp. or Res.
Inclusive a few years FX experience and 3 live accounts blown up with give you a skeptic view on all those trade systems floating around.
I agree with the saying that most of the problems find there origin in between the keyboard and the chair.
So if that part of the system is at ease most trading systems will perform well.
O.K. here is a chart 30min euro
m7x27s.gif
Get ready to entry when diff crosses 0.00 line.
enter strait away during that candle ( 30 min ) if it continue in the right direction.
Follow the trade as you used to do manual or MPTM and pay attention when the spaghetti starts commin together again.
be aware of support and resistance take your money as it is still on the table.
For me this is lazy scalping on the 30 min.
Did only 7 trades last week instead of the 70 or more when I was trading noise
I know its only one month ,way to short to say something serious about an approach of the market .
but I will carry on with this NeoBob approach for an other month and keep you guys informed.
trade well and stay alive ( maybe better reverse the order )
hans..
N.B. the remark about this indi by Slowkey where quoted by Steve somewhere .
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