There was a whole host of trading educators in the early/mid 90's teaching exactly what you are using, keltners, 21 bar ema, and pivots. Then you had George Lane teaching Stochastics which everyone threw in their books and manuals as well. Two of them I know of had cftc action against them for falsely claiming to be profitable traders, the only one I know left has always used a hypothetical disclaimer and I have never seen any evidence that he trades at all. I further recall they all got a lot of their material from Linda Brandford Raschke and all claimed they were largely original educators. My point being there is very little new or original out there, a lot of the learning comes with thousand of hours of screen time as nodo has stated as well. Good luck noemo and welcome aboard!
I was shorting GBP/CAD real money, but decided to close it for a profit when my CL trade made money, but I think the better option would have been just to set my stop to BE, since it looks like the GBP continued to sell off. My goal was not to turn a winning day into a losing day by staying short GBP, but I had another option to hedge my risk by just having stop.
What happens if you short the dollar and oil at the same time? Waste of time and margin.... Or be one of the fist to exploit a flawed idea
In May I began testing and honing price action strategies in which Keltners really have no role. Although I took off the 20-bar EMA for a few days once, I put it back on my charts, and find it very useful.
Schizo showed me a wealth of knowledge, and patiently and kindly answered my many questions about trading CL when I started. This is Schizo's thread and you need to honor his ground rules or don't post here.
et is like a garbage dump full of these statements,those posting them can't see the forest thru the trees,...you mentioned you wanted to learn a trading style...this statement is a tell of a guy who is gonna take forever to learn and will continually sabotage his own success,maybe spend the next three years filling et garbage cans for the those bored watching jerry springer...forgive your trespassers,forgive yourself, don't judge,clear your mind,omit your ego,elimnate as many distractions as possible, and trade what you see,.....these negative statements bring on negative replies,,,,you will have to reply ,and that willl get a reply,,,etc,,,etc...no one on here cares about anyones personal opinion of your self ,themselves,or others,everyone on here cares about how to read and trade the markets.. concentrate on the market
I really don't know what I said in my previous post to NoEmotion that upset you so much to throw such a tantrum. My intention was rather serious in that I believe it would be of benefit to NoEmotion if he gave us the insight into his trading decisions. By "sage advice" I meant a vast wealth of knowledge and opinions and not just of one individual. I don't want to start a flame war so I'll recuse myself from all things related to "sage advices" from here on out. BTW welcome aboard, NoEmotion.