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TauTrader replied Mar 24, 2010EU- — Closed @ -11 pips. Got contradicting signals as well as the initial possible reversal signal ( Rule 1). These may change and price may continue south, but I am applying the rules. Will stand aside. See tomorrow. Regards
DTFD - Dot Trading for Dummies
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TauTrader replied Mar 24, 2010Calderone- — Yip - agree. But the only way to test this properly, is to act - without emotion. Signal after signal.... The nice thing is, that even if this fails, the SL is defined. The TP is defined. Therefor the risk is limited. No holding ...
DTFD - Dot Trading for Dummies
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TauTrader replied Mar 24, 2010Egkid- — Good day to you, Looked like you picked a perfect top. Well done! Awesome trading.
Do pop in from time to time. Good to "see" you. RegardsDTFD - Dot Trading for Dummies
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TauTrader replied Mar 24, 2010EU- — Now we have a new short entry on EU. Everything feels wrong.. Too low down. " Surely has to retrace 50% of the move down". Rules are rules. Have to enter... exit at the next blue "1" dot. SL @ 1.3381 . Will see. Regards
DTFD - Dot Trading for Dummies
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TauTrader replied Mar 24, 2010EJ- — I have to add... I do not really like entries too far ahead of the MAMA signal. The closer, the better. Will rather wait and get back as close as possible to the MAMA before entry. If all rules are still valid... This ensures a smaller ...
DTFD - Dot Trading for Dummies
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TauTrader replied Mar 24, 2010EJ- — Watching as well.... Rule1 in place. Rule 2 in place... Now we wait for a red "1" dot. Once formed, we wait for the blue "1" to form. the bar has to close with the dot in place. SL will be at the blue MAMA dots... Let's see Regards
DTFD - Dot Trading for Dummies
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TauTrader replied Mar 24, 2010General- — Remember to refresh your chart with every bar close. This to be done by going one timeframe up, or one timeframe down - and then back. I will ask some of the coding gurus to see if they can sort out the refreshing issue. But this is ...
DTFD - Dot Trading for Dummies
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TauTrader replied Mar 24, 2010Great- — Good day, Thank you for posting the EA - I will surely study and implement. This will add value. Thank you again. Warm regards
DTFD - Dot Trading for Dummies
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TauTrader replied Mar 24, 2010Calderone- — Good day to you, The rule 1 indication ( hollow dot) may and will change position from time to time. But only in a strong move scenario - it will pull the Snake indi down faster - making the initial cross move back. So not too ...
DTFD - Dot Trading for Dummies
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TauTrader replied Mar 24, 2010Calderone- — Good day to you, Tell me more! You are right - a manager will allow more freedom. Are you willing to inform me further? I would appreciate your input in this regard.. regards
DTFD - Dot Trading for Dummies
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TauTrader replied Mar 24, 2010Calderone- — Please continue to follow with me...should you feel like it. Please also give your observations as we go. Thank you for taking the time to post. Always appreciated.
My highest regardsDTFD - Dot Trading for Dummies
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TauTrader replied Mar 24, 2010Update- — Back in the office. Received a possible exit on EU - but will only be confirmed when the bar closes. I like this. This would have allowed me to capture the bulk of the move. I exited early due to me leaving the office. Do not want to ...
DTFD - Dot Trading for Dummies
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TauTrader replied Mar 24, 2010General - — Both trades worked out to plan. Collected a total of +424 pips, 3 entries on GU and 2 entries on EU. Encouraging. Will continue testing to see if this has merit. Wish you all success Regards
DTFD - Dot Trading for Dummies
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TauTrader replied Mar 24, 2010Update- — I am closing the shorts taken. I have to go out of town for the rest of the day, and since trading 30 min charts only, will not be here when the exit signal comes. Exit signal not yet received. Regards
DTFD - Dot Trading for Dummies
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TauTrader replied Mar 23, 2010Stops - — The last part... Where to place stops? I was thinking just above the previous high - before the signal received.. So stops on EU @ 1.3549 and on GU @ 1.5080..
DTFD - Dot Trading for Dummies
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TauTrader replied Mar 23, 2010Exits - — The 2 entered trades, I will exit at the next "1" blue dot. Regards
DTFD - Dot Trading for Dummies
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TauTrader replied Mar 23, 2010GU - — Same scenario. All 3 entry signals confirmed - entry short. Will see. Regards
DTFD - Dot Trading for Dummies
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TauTrader replied Mar 23, 2010Crunch time- — Entry signal on EU - to short... All 3 signals received. Let's see...
DTFD - Dot Trading for Dummies
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TauTrader replied Mar 23, 2010Calderone- — Thank you for stopping by. This could become a total trainsmash - but could also hold value. The test of time.... Will apply the rules and see if trading could be for dummies like me...
Do stop by from time to time. Your ...DTFD - Dot Trading for Dummies
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TauTrader replied Mar 23, 2010Basic Example- — See chart. All 3 rules to apply before I trade. Miss 1000's of pips, but get good probability trades - stress free. Regards
DTFD - Dot Trading for Dummies