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RickM replied Mar 1, 2019OK this will be the last post on the Beast to avoid being a pain in the arse. Now i got a warning - 123 to the upside so I am taking 4 Pips and will now wait to see the outcome. Price action will confirm or warn us in the movements. A 123 setup is ...
Price action at the core / tma intra day
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RickM replied Mar 1, 2019So I'm selling BUT as now trade is set to Break Even - I have NO risk. There is a 81 pip space with just a Monthly line in 31 pips in the way.
Price action at the core / tma intra day
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RickM replied Mar 1, 2019OK a few nice trades on the Beast. It actually RAN past my target area and turned on a 123 setup. This is a classic Buy / Sell / Buy setup where it throws traders into confusion. If we don't see a spike like normal, I look for a 123 which often ...
Price action at the core / tma intra day
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RickM replied Mar 1, 2019Crunch time right now, its stop running after an exhaustion run ending with a 123 setup. The Beast should Fly upwards now.
Price action at the core / tma intra day
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RickM replied Mar 1, 2019WATCH ALERT Keep a eye out for a Reversal on the Beast (GBPNZD) at 1.9386
Price action at the core / tma intra day
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RickM replied Mar 1, 2019Hi swd Yes, I have a fix for that flash crash but you need to build a EA to do it. Create a EA that uses Starc Bands or George's verison. Set it to about multiplier 9 and run it based on the H4 Chart. The stop loss will hit the outer band so you ...
Price action at the core / tma intra day
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RickM replied Feb 28, 2019So Bluesteele doesn’t know what a trend is. Please I thought you new how to trade. In case you are slow , I will spell slowly Bluesteele “ What is a trend “
Price action at the core / tma intra day
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RickM replied Feb 28, 2019Again Blue It is a very easy question so please don’t be scared. ” What is a trend” Surely you understand this question? What is your answer ?
Price action at the core / tma intra day
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RickM replied Feb 28, 2019You guys are never happy, if I show you my yearly results, you will ask for more. So you are a big fan of Tradeview, it’s fine on a phone but if you don’t understand price action, it’s no better. Can I ask you a question and I want you to answer ...
Price action at the core / tma intra day
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RickM replied Feb 28, 2019You have no idea what’s possible do you. Open your eyes to what’s happening now. Here’s my new Live account, a Bollinger bands strategy using average price profit taking. It was designed in August 2018, after a few months testing it is live since ...
Price action at the core / tma intra day
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RickM replied Feb 28, 2019I think you have learned very little about trading in 40 years if you do not understand how to create basket of trades using averaging down techniques. I trade for a living using EA's I design, build and run on Averaging down strategy's. I don't ...
Price action at the core / tma intra day
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RickM replied Feb 27, 2019Please check out my earlier post last night. I said the GBPUSD was going to run 50 pips, I took a long. It in fact ran 51 pips so I got it wrong. So 59 pips up, 35 pips down on this pair and 55 on the Beast. How many pips did you get yesterday. ...
Price action at the core / tma intra day
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RickM replied Feb 27, 2019Well I must just me lucky. The funny thing is I was lucky all last week too.
Price action at the core / tma intra day
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RickM replied Feb 27, 2019Hey FXprimate, you have some really lame threads. Can I ask you two Questions ? Have you ever traded a strategy where it told you where the Reversal spot was within 1 Pip - 2 hours earlier ? Have you ever traded a strategy that provide a Win rate of ...
Price action at the core / tma intra day
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RickM replied Feb 27, 2019Hi SunnyCoast It was great action, the hardest thing sometimes is just to sit still and wait patiently for the right time to enter. Good trading.
Price action at the core / tma intra day
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RickM replied Feb 27, 2019The price on GBPUSD is running, I don't need a spike for this trade. It doesn't want the High of a M15 candle but the Close of a Monthly candle Oct 2017 at 1.3289. I expect a 50 pip run in the next two hours. The setup was from last visit to a ...
Price action at the core / tma intra day
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RickM replied Feb 26, 2019Hi George I reckon you would have caught the H4 Candle from 25th January being taken out tonight. This was a great setup in my eyes. Price was riding the TMA and it turned just after the H4 High ( Green Line high ) You can see I should have traded ...
Price action at the core / tma intra day
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RickM replied Feb 24, 2019Hi George Now developing a strategy based on The TMA settings that works for me along with a good target method will take me some time. I may accept a 90+ win rate here and use a setting that provides more entry signals so I can open more trades. I ...
Price action at the core / tma intra day
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RickM replied Feb 23, 2019They have to build up the stops again over another week, perhaps Friday
Cable Update (GBPUSD)