- Search Energy EXCH
- 292 Results
- Spudfan replied Nov 3, 2022
I'm going to be away for a while. Good luck with your trading and see you on the other side!
- Spudfan replied Oct 31, 2022
Both this trade and the previous one (AUDJPY) have retraced all the profit gained during the day. Both are close to B/E, both are now sitting on the EMAs. Of course I don't like this at all! But the price structure and GMMAs still look good. Only ...
- Spudfan replied Oct 31, 2022
Another one, also a JPY pair. This pullback to the EMAs looks better than the previous example, looking stronger all round, I think. The 120 EMA in position below the GMMAs reinforces the decent uptrend. image
- Spudfan replied Oct 31, 2022
First trade of the week. Coming out of a strong consolidation shown by horizontal and close EMAs, then a breakout with the dominant trend, quick pullback, stochs oversold. The stop loss is well below the recent swing low. Entry using a buy stop ...
- Spudfan replied Oct 28, 2022
We have a new downtrend, a pullback and the stochastics show a strong overbought condition. But otherwise it's beginning to look as if price is going to turn up. I have moved my sell stop order up to follow price, but am not going further. Price ...
- Spudfan replied Oct 27, 2022
I use stop orders for my entries to avoid getting into a trade where the pullback keeps pulling back and stops me out. Or sometimes I'll get into a trade but price gives one last spike the wrong way, stops me out and then goes the "correct" way. So ...
- Spudfan replied Oct 26, 2022
This is all about trading reversions to the mean (or pullbacks to the long-term EMAs). This idea might sound too simple, or just plain obvious, but it is quick AND it helps avoid any distraction by whatever indicators we are using. It's a simple ...
- Spudfan replied Oct 24, 2022
Excellent price structure analysis, Rajesh. I find it is so easy to become entranced or captured by the indicators and forget about taking a step back to see the bigger picture. "When in doubt, zoom out".
- Spudfan replied Oct 24, 2022
It's not just you. This method seems to work optimally on H1, perhaps even lower, purely because of the frequency thing. I trade on H4, which is partly why I have not fully adopted the Walvekar method and have kept playing with variations on that ...
- Spudfan replied Oct 23, 2022
Out of respect for the person who made this indicator I should have mentioned that OGT stands for One Glance Trader and the person behind it has produced some excellent free indicators and EAs. I don't know him at all, but it seems his main presence ...
- Spudfan replied Oct 23, 2022
If you could automate this process of assessing the last xx number of bars to calculate and define the size a squeeze for that chart you would be onto a real winner.
- Spudfan replied Oct 20, 2022
Here's a gift - a very useful indicator. It gives a snapshot of trend behaviour across whichever timeframe you ask it to show. It also provides a dashboard so you can look at any pairs you ask for all displayed in one window on any chart. Don't load ...
- Spudfan replied Oct 20, 2022
Well this is interesting. Here's the above trade with a Walvekar method template on the chart. It follows the rules almost perfectly. image
- Spudfan replied Oct 20, 2022
I placed this trade this morning, buy stop order at the tip of the pinbar. The tail of the PB pulled right back into the long-term EMAs, so even though the stochastics didn't go fully into oversold territory I placed the order anyway. If price had ...
- Spudfan replied Oct 19, 2022
And to show that life's not perfect ... Here is a more messy one - three attempts before price takes off. But, if we had placed our stop loss as shown, in fact we would have survived the extended pullback. image
- Spudfan replied Oct 19, 2022
Here's another example. image
- Spudfan replied Oct 19, 2022
Here's another adaptation of the GMMAs to think about. I have used an EMA crossover indicator to paint arrows on the chart just to make it quicker or easier to see the long-term EMA crossover point. The Stochastics are set to 5,3,3. You need to be ...
- Spudfan replied Oct 3, 2022
Hi Zoheb01 your OGT trend dashboard is very useful. Thank you! I have an idea for you. Trends often start on the lower time frames and then work their way up. So it would be useful to see the history over the last x bars (maybe 10 bars) for each ...
- Spudfan replied Sep 29, 2022
Stopped out
- Spudfan replied Sep 28, 2022
And just like that, the pressure is on. Now it's all about trusting the system and having mental strength. I have a friend who has been doing well on a demo account - for at least 6 months. I told him until he goes live, he will never know what ...