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RickM replied Jan 5, 2018How true is that statement. Here is the real issue, whether its trending long or short, do traders have the correct money management and a plan to capitalise on that movement. How many times do you hear a trader say they wished they had jumped on ...
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RickM replied Jan 4, 2018NZDJPY - Long for a easy 75 pips I had probably got out of this trade too early here but I was away from my charts all day so just closed trade to be safe. But I will bet anyone here it will probably run up to the monthly line at 80.93. That may ...
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RickM replied Jan 4, 2018Here's a live trade just enter 60 minutes ago on my Kings Box Strategy GBPJPY - Long - Intent to move away from Consolidation Price action has been compressed around a monthly line at 152.33 for a week. This is an area that has been tested before in ...
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RickM replied Jan 4, 2018Hi Nigpig Thanks for that information, these are the stories by traders that help guide us all in the right direction. We don't need traders here with big Ego's. My guess is somewhere around 5000 hours of screen time is needed to really get a good ...
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RickM replied Jan 4, 2018Hi Nigpig what candle shapes do you trade, always interesting to see what the thought processes of other traders are.
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RickM replied Jan 4, 2018EURJPY - Time to take profit A Kings Bar has presented itself around the Monthly Resistance line. I am looking to close trade and await for a Kings Box to form.
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RickM replied Jan 4, 2018Yes, I actually formed a 123 on a separate chart to see if the trade meet your rules - which it did.
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RickM replied Jan 4, 2018Hi Malony If you feel Davit's system is so good, why have you posted almost nothing on his forum for weeks ?. No Charts, No comments. I like Davit's methods a lot and he trades with confidence. I just feel that the TMS system here fits my style ...
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RickM replied Jan 4, 2018Hey Divergence That wasn't a indicator I saw on your chart ?. Oh that was emm's. Keep than TDI on those charts and your'e keep everyone happy. Good call by the way.
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RickM replied Jan 4, 2018GBPAUD Hi Emmanuel, this is tough one to work out for me as my Bias is Sell. I see too much local resistance to jump in long and go against my Bias at this stage. The recent engulfing candle is mouth watering though. I took the last Sell setup ...
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RickM replied Jan 4, 2018I like this trade by Tekkies, a good Green bounce of Red trade on the GBPUSD. If you were watching GBPUSD at the time, you could see a small level of congestion around the top with lots of small candles. That's was preventing any movement north and ...
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RickM replied Jan 4, 2018EURUSD - A good Continuation trade with TDI cross above the 50 Line. - Trade taken on H1 Chart There is resistance at the last high but I feel these candles have INTENT. The question is will the ADP Non Farm Results this week change the story. I ...
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RickM replied Jan 4, 2018Hi Cableguy Good information on your chart. Quick question, what time frame suits this style because I presume your in & out fairly quickly.
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RickM replied Jan 3, 2018Looks like a good idea, I will run it through a demo next week
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RickM replied Jan 3, 2018Yes, but I attempt to stay in trade for a few days so I don’t want to be the first one to the party.
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RickM replied Jan 3, 2018Hi Cableguy would I be rude to ask you to stick a TDI indicator on that chart to see whether you get any confirmation of a cross on that chart. Of course I may have just insulted you so just tell me to nick off. But please keep posting a few charts ...
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RickM replied Jan 3, 2018Yes but it seems to be unique when it occurs around a Monthly resistance line. The move is stronger as seen my volume and has more gaps which often do not get filled for a long time. ITS JUST A BETTER AREA TO TRADE WITH STRONGER SUPPORT ------ SO ...
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RickM replied Jan 3, 2018Thats interesting Divergence Is he forming that Ledge only at a Monthly Resistance Line like me or anywhere he finds it on the chart ? I can only form a Kings Box only if it crosses a Monthly Resistance Line.
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RickM replied Jan 3, 2018We all need a slice of luck at times to make up for stupid trades we can be all guilty of at times. So far up 17 Pips but this means zero until we close. Trade is also been supported by a Weekly Sell Bias so all my boxes are ticked. For me its all ...
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