the market went down in two bars below the 3ma and the 8 ma. No attempt was made to buy the dip;i decided to wait, as Xela suggested, for the...
Thanks as usual a very good and intelligent reply Also this technique may be learnt in an hour or less compared to the mastering of price action.
trade closed because the marked bar with the arrow failed to continue although the first pullback will usually be bought.[ATTACH]
The market went up in a big up bar-the biggest in the present up swing. this biggest bar is more likely to be a measuring gap than an exhaustion...
ENTRY: one entry requirement is that there should be a good gap between the short term ma [3 ma 8 ma] and the longer term ma [ 50 ma 100 ma 200...
thanks for your insights....what you say makes sense
Appreciate your endorsement. "Concerning number 3. You are exactly correct. It is counter intuitive. Most traders want to go long in such a...
the idea is to buy the short term down move because you have the support of the larger term players. only the short term ma [ trend ] is down so a...
the chart below illustrates a pull back to the 50 ma :it is a sell the minute the market touches the 50 ma for the first time. but instead of...
Yep Oliver is a good trader to keep an eye on. watching how fast the bars form,how big they become,where the close is,above or below the ma, how...
this is a scalping technique, not a system, in the true sense because a fair bit of discretionary judgment is required to get the full benefit of...
ok the system is simple but as is often the case the explanation is not so give me some time to put it down on paper.....in person to person it...
here is the result for test done by pepperstone trading simulator that runs the market on historical data when the market is closed ,just right...
i was one that pooooooooopooooooooooooooooooded :D moving averages and focused on price action, the last 10 years of my life...and what a stupid I...
i i made money with a good system i would just become a signal on the MQL site.
Haha maybe we could have a competition when markets are closed.....but providing the drinks are on you....drinks taste better when they are free!:D
i am not as sure as you are......if you test it in all conditions, you will see it does not make money long term. But if you test or use it only...
i think,really i do think, not all of the time, sometimes i like just to get drunk!, :D that if you trade this actively and you get some...
I think Al Brooks prints his books in Chinese....i could not understand it either. You said you would love to receive a few tips so i am giving...
i see a lot of your posts where the quote shows an arrow up: see the file uploaded how do i get the same? [ATTACH]
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