- Search Energy EXCH
- 26 Results
- luckytiger replied Jul 14, 2008
From my experience with RTs and RBs I found out that the most important thing about them is the location. It should be at strong support and resistance area, swing high or swing low, all-time highs or lows and NOT in crowded places or consolidation ...
- luckytiger replied Jul 11, 2008
In order to take partial profit you need to have two seperated orders, for example you enter with 0.1 lot at 107.15 and another 0.1 lot at 107.15 and then you can set different take profits and stop losses. Most brokers with MT4 allow you to enter ...
- luckytiger replied Jul 8, 2008
Hello Yorik, I know this is after the fact but I saw your post today, and what I want to say it may help in the future too. You said that your candle pattern was an engulfing bearish pattern and I think you were wrong because there are two ...
- luckytiger replied Jul 2, 2008
EY — On the Daily Chart the price broke the resistance 167 marked by the red arrow and now it become support. There are two hammer (blue rectangular) that tested the bottom and the 21EMA. In conclusion the Daily looks bullish. On the 4H Chart ...
- luckytiger replied Jul 2, 2008
Try this url . It will give you a tag that you copy in your post box and it will display your image. But you have to make your charts images in order to work. Maybe it helps you!
- luckytiger replied Jul 1, 2008
Very Good — Now I always beleive that a BE or even better a plus trade is a very good one. It is very important to know when to let go a trade because we get emotionally attached to them (at least I did) and we really want them to work. But in ...
- luckytiger replied Jul 1, 2008
Sorry — Sorry to hear that! I always look at the Daily chart because I got burned many times because I was ignoring them. I need to have a big picture view. If the daily is supporting the 4 hours then I consider it a good trade. If not I wait ...
- luckytiger replied Jul 1, 2008
EU — Looking at the Daily chart the resistance level 1.584 has been tested a few times and the last tails to it show that the bulls couldn't get a close above it. There are more bearish signs than bullish.
- luckytiger replied Jun 24, 2008
It took me quite sometime to figure this out and I believe I am on the right track now. It is a saying that you will learned the easy or the hard way but you will learned anyway. It is up to you to choose your way.
- luckytiger replied Jun 24, 2008
Hello Yorik, What you said was most of my thinking after a loss. I made a mistake and next time I will be more picky with my trades and then I wouldn't trade for a long time because nothing will meet my criteria again. The thing is that I was afraid ...
- luckytiger replied Jun 24, 2008
It depends on the trade you choose to take. As a general rule if the price is above a support, trendline or a moving average you want to put your SL below the support, TL or MA because sometimes the price comes back to test it and you don't want to ...
- luckytiger replied Jun 5, 2008
I am also new to the strategy. This is why I wrote that file to understand better the rules and follow them. After you understand the startegy don't forget to do some backtesting. It will help you gain more confidence in the strategy.
- luckytiger replied Jun 5, 2008
It is not a CT. I was reffering to the end of the trend. When the price comes below the 21EMA pulls back to it and may go to the 89SMA. Sometimes it doesn't go straight to the 89SMA and goes again above the 21EMA and then comes to the 89SMA. This is ...
- luckytiger replied Jun 5, 2008
I wrote that file and I know the sentence seems illogical at first. I thought a lot about that before I wrote it because I couldn't find the words to express it. It seems that I didn't find it. I have attached the chart and wrote on it (I hope it is ...
- luckytiger replied Apr 21, 2008
Hello everybody, After listening to Phillip's pdfs and mp3 about the method I thought it would be easy to apply his strategy because it was very clear and easy explained, but in reality it has proved to be very hard at least for me. So I tried to ...
- luckytiger replied Apr 17, 2008
MACD — There are two versions of MACD that show the formation. If you look close to the zero line you will see VT, TC, RB etc. That is the MACD pattern. This is the link were you can find more information about them url and how to use them. ...
- luckytiger replied Apr 17, 2008
Back Testing — Hi, I think I understand your question since I had a similar problem sometime ago as I am absolutely new to forex market. I read the thread and I thought I know and begin to practise on demo. But the results didn't reflect that. ...
- luckytiger replied Mar 30, 2008
Excellent post and chart — Thank you very much for your explanation of the terms. Before I read your post I had an idea about them but I wasn't able to make a clear distinction between them. Now it is easier to recognize them.
- luckytiger replied Mar 21, 2008
Summary continuation — When I first come to this thread one of the things I liked was the fact that was very well organized with summary at the beginning of it and you could find all the important documents very easy and make an idea about the ...
- luckytiger replied Mar 20, 2008
Hi Nadia, Thank very much for your reply. It is very helpful and wise. The hardest thing you need to manage in forex for me has proved to be the mind. But in time I hope to learn more the market and control more the mind.