.............................................. that is the 50 million dollar question you need put in the screen time and trade it to get your answer. s
hi S, got two questions since I ve start restudying your thread. On the 2nd page you ve got a usd/cad DB trade. Right before this trade - I marked it in yellow - there is a DT trade. Am I correct? Was that a trade too? Also what does "t3" and "ssto" means? Thanks Athan
.............................. A, you are correct.... t3 ssto is stochastics indi. download is in this thread..... s
S, I was looking at this chart (attached). I can't see any divergence on the 2nd leg on the DT. Or am I wrong? I mean stochs on the 2nd leg are uptrend, and macd bars as well. So why did you short there?
.............................................. A, because it is a " roll n puke" setup. a shop exclusive. you are the first person out of 22,000 hits on this thread to inquire..... 98% do not have the cajones to even post up. they are the fresh meat required for the game to continue. a db first to a dt the 2 boxes are marked a puke to the 4.2 or 5.7 no diverge required.... pure price action the bears win. look at your charts , go find a few hundred of them. the opposite setup also applies... dt then a db the buills win. a reverse puke trade. here is one in the opposite direction. entry at the bottom second leg and this one just happens to be diverged. this trade also happens to be a slingshot back to the money line. double the horse power. once it crosses the moneyline the 4.2 is the power leg the final 5.7 move after the retrace is a weak diverged leg up. cheers, s
S, I m trying to get in the 2%, even in the 5% (meaning by that winning constantly not millions but just making some good money to live). I hope I will one day. Today I made one trade on USD/CHF on a DB that worked and gave me 27 pips. I suppose I could get earlier on th .86 but I wait for macd bar to cross the zero line. I tried to do the same on Euro as well but it didn't work. I hit SL. I m not sure what I did wrong on the Euro since it was a clear divergence on the 2nd leg. I just suppose it was just one of those trades that do not always work. I m not sure how far I should place SL since Risk Reward could became quite big. I attach both trades. Any comments and advices are really welcome. Athan eurusd trade
A, look at the 3 ema lines and price relative to them. define the trend in your own words, using these 3 lines. define up define down one trade you were correct on and got paid. why.....? the other trade was against the trend. why......? s
i just realised that eur/usd chart was a 13bar range not a 3 bar range. I m not sure if that makes any difference (i dont think so). trend is quite easy to spot even without an ema. I mean it can only be up, down or range. What i had in mind was that when we re in downtrend we re looking for DB to go long and in an uptrend for DT to short. probably i need to study again on your charts. I ve missed something