Are you using a 10 TP and a 20 Pip SL- or do you let the 3 ema cross both the 6 and the 9 to take you out of losers?

3,6,9 EMA system

It's an interesting idea but you'll get destroyed in ranging markets. Perhaps there is a way to filter out these ranging periods.

3,6,9 EMA system

Can anyone make an alert for the "new petardo" indicator that would sound off on multiple pairs and multiple time frames that you choose? I think this would be very helpful because you would not have to keep jumping from chart to chart to see if a ...

NEW Candles Formation Trading -Petar Formation

Does the body of the first candle have to be engulfed by the BODY of the second candle or can the body of the first candle be engulfed by the body AND wick of the second candle? Thanks

My trades: Engulfing - SS14 system

Petar, on the Petar3bar indicator, does the dot appear after the leading Candle has completed or after the Second Candle has completed? Thanks

NEW Candles Formation Trading -Petar Formation

Do you think this set-up wins more than 50% of the time?

A simple strategy with no indicators

Peter, Let me ask you a question: Can your method make money if you use it by itself or do you have to use it conjunction with other factors (i.e. PA, indicators, etc.)? Thanks, Michael

NEW Candles Formation Trading -Petar Formation

Petar have you had a losing trade since you started this thread?

NEW Candles Formation Trading -Petar Formation

Petar, your rules seem to be changing throughout this thread. Tell me if I understand you correctly: 1) This is a 3 bar set-up: The first candle is called candle #1. The second candle is called the leading candle. The third candle is called candle ...

NEW Candles Formation Trading -Petar Formation

better off shooting dice!

A simple strategy with no indicators

Hi More. I would very much like an indicator. It can be quite helpful for this method. Look at my Post #79. I simply outlined the rules for this method. It is very easy to understand. Perhaps you can make the indicator and or alert appear AFTER the ...

NEW Candles Formation Trading -Petar Formation

Nice analysis pip_daddy. Did you ever experiment with taking a quick profit on 1/3-1/2 of your position and letting the rest ride with a BE stop? This way if price retraces to BE, like you said it does often enough, you at least have banked ...

Funnel Trading

Petar, thanks for an interesting idea. How long have you been trading this system and do you trade it live or on demo? Thanks, Michael

NEW Candles Formation Trading -Petar Formation

How do you use the Awesome Oscillator as a filter for Petar's system? Thanks

NEW Candles Formation Trading -Petar Formation

thanks Pet.

NEW Candles Formation Trading -Petar Formation

Thanks Petar.

NEW Candles Formation Trading -Petar Formation

Is The Leading Candle the same as the second candle? Thanks

NEW Candles Formation Trading -Petar Formation

Petar, is this what you are trying to say: — Petar, I read the whole thread and I am still unclear as to what you are trying to say. Is this what you are trying to say? 1) You get a candle. 2) Second candle, which you call leading candle, must ...

NEW Candles Formation Trading -Petar Formation

This is a question for the opening poster: What do you do if on the daily chart the price keeps bouncing under and over the opening price and there is no clear direction on the daily bar? Thanks

Funnel Trading

Thanks Petar. Let me see if I understand you correctly: 1) The BODY of the second candle must NOT be larger than the body of the first candle. 2) For shorts, The high, on the second candle (the leading candle), must be HIGHER than the high of the ...

NEW Candles Formation Trading -Petar Formation