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simpleguy replied Jul 20, 2010let's move on — this was a great thread, let's move on. I learned some stuff from all of you guys and used it to get better. Feb got me moving in the right direction and concepts, I used that in my own methodology and I did even pick some ...
The System II (Yes with irony)
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simpleguy replied Jul 20, 20102 ema indicators — FM, I understand why you use those two sma's as resistance and monitor. We use 2 5emas one at the open, and when at the close. they are the only real indicators I use any more. I use those and PA and the ema's have saved me ...
The Force 5min system
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simpleguy replied Jul 17, 2010here is a sample of how this can be traded — Trade 1: I entered on the bar with the arrow when it broke to make a LL on the previous bar. Trade 2: A great pin bar coming off of Support, i entered and got out on the pull back Trade 3: i got in ...
The Force 5min system
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simpleguy replied Jul 17, 2010keep working! — Yes you are in a downtrend so you want to go south, that is correct. I would like you to look at the Macd, it also appears to be moving down. If this is the case, it is not a valid basic Force 5 set up. As far for the question ...
The Force 5min system
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simpleguy replied Jul 14, 2010another book that will be awesome — I have not read the book yet but knowing who it is from and the respect I have for the man it has to be good. Mike Bellafiore is the author of One Good Trade: Inside the Highly Competitive World of ...
The Force 5min system
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simpleguy replied Jul 13, 2010pin bar — Hello all, I am working on learning Pin bars a little better. I know this is off a 1hr chart and I'm not trading off of it, just looking at bars to see A+ bar so I can get them fixed in my mind. I attached a Pic of one below, could ...
james16 Chart Thread
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simpleguy replied Jul 10, 2010The MACD doesn't have a bunch of lines, i think what you are talking about is the stochs? Is everything on the first post saved in your expert indicators folders on your computer? Please post a screen shot so we can see what you have and are doing. ...
The Force 5min system
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simpleguy replied Jul 8, 2010actually I did, nice 100pips, first pinbar I've ever traded. I have to admit I like this style alot. I hate to use the word, but it's easier to trade 20 some pairs on 3 Higher TF than 6 on the 5 minute chart. so much time to make sure you like the ...
james16 Chart Thread
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simpleguy replied Jul 6, 20102 days is not enough time to judge this, this isn't get rich quick — it works fredgold, it takes more than 2 days to get good at something. I have been working at this for over 2 years and honestly i think I'm just starting to get to the point ...
The Force 5min system
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simpleguy replied Jul 6, 2010My 2pips worth of opinion — zukies, for an exit strategy that depends on you. personally I don't allow the trade to go more than 15 pips against me and move my SL to BE+1 as soon as the charts show that I can. But that's my style, once I know ...
Tom demark Trendlines
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simpleguy replied Jun 15, 2010lines — The trendlines could change every new candle. the horizontal lines are profit projections. I don't rely on them, start taking profits at less than 50% of the projection. they will move, don't worry about them. Basically Demark believed ...
Tom demark Trendlines
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simpleguy replied Jun 10, 2010And remember — DON'T TRADE DURING THE NEWS!!!!!!! Just wiped out a decent start of the day, I'm so mad at myself right now for not paying attention to what time it is. this is why I NORMALLY put vertical lines on my chart at the times of major ...
The Force 5min system
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simpleguy replied Jun 4, 2010I use L1 lines — I use the L1 point lines, just had more success with that than others. what I do is if the line is redrawn after a confirmed break out I just trail it and play it really tight, especially when it gets down to the trend line ...
Tom demark Trendlines
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simpleguy replied Jun 3, 2010I don't have a pic — I don't have any saved trades on charts. The best way to describe it is if a bar closes below the line and opens with a gap up above the line. After 1 tic up you enter. This indicator is used in all markets so this happens ...
Tom demark Trendlines
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simpleguy replied Jun 3, 2010when someone asked me if I would rather be right, look smart or rich. I had to look at myself and realized I wanted to be rich but enjoyed the fact that I thought i was smart cause I had all these cool indicators on my chart. I cleaned up my charts, ...
AHA moments in your trading career
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simpleguy replied Jun 3, 2010Check out my three posts on the page before this. see if that helps you. Remember, this is a reversal system looking for things to go into a trend. As Rufus said, in the current climate it is hard to do because of the fast movements in a direction. ...
The Force 5min system
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simpleguy replied Jun 3, 2010maybe this will help — Demark Trend Lines The goal of this system is to identify break outs according to a very rigid mechanical system. I use an indicator that will automatically plot the TD Lines to the first magnitude, I then monitor for TD ...
Tom demark Trendlines