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stevepatt replied Dec 17, 2014EUR/JPY H4 Been looking for Bearish PA after the Weekly Engulfing Candle. Short Trade after a Pullback to the Weekly Control Candle. Watching, closely, the 145 RN
MultiTimeFrame Trend Trading with Price Action
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stevepatt replied Dec 17, 2014Hi Eod; Why would want to trade from a chart where you can't, clearly, see your number 1 Indicator?
Nihilist Forex Indicators
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stevepatt replied Dec 17, 2014Hi braciola; Why don't you post charts and explain what you are doing? It will help others who are following.
Nihilist Forex Indicators
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stevepatt replied Dec 17, 2014Hi braciola, Looks like the Indicators might be setting up a bit late?
Nihilist Forex Indicators
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stevepatt replied Dec 17, 2014Hi merrygold; Good to see some else who likes to gather additional information to make informed trading decisions. It's a simple process of looking at the charts and Reading, like everyone is reading this text and making sense of it, (I hope) what's ...
Nihilist Forex Indicators
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stevepatt replied Dec 17, 2014Hi braciola; Can we see a chart please? NZD/USD is still in a longterm Downtrend but has been in a Consolidation Phase since the end of September. The 0.77 RN has been acting as Support going back to June so you might want to watch that level for ...
Nihilist Forex Indicators
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stevepatt replied Dec 16, 2014Hi dimdel; As there's no definitive system being used, here, it's what ever system you might be using incorporating Nihilist Indicators.
Nihilist Forex Indicators
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stevepatt replied Dec 16, 2014Hi Tronis; So you made +2.5R return (+2.5 times your Stop Loss) If you can keep that R:R level you will need, no more than, 50% win rate to be profitable.
MultiTimeFrame Trend Trading with Price Action
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stevepatt replied Dec 16, 2014Hi Tronis; Thanks for posting, I'm still waiting for Momentum to Break the Weekly Control Candle and a test and then Bullish PA to Trade Long. Looks like you entered well from that Bullish Inside Candle it could well continue on it's way, North, ...
MultiTimeFrame Trend Trading with Price Action
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stevepatt replied Dec 16, 2014It will help, now and for anyone following in the future, if everyone follows Nihilist's request in this Post 5,795 By having a Chart showing entry and a Chart showing the trade result everyone will know what to expect. A thread won't last very long ...
Nihilist Forex Indicators
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stevepatt replied Dec 16, 2014Hi macdh4; It's a Babon Slope Indicator set to Period = 63 Method = 1 Price = 0 I use it to get an idea of trend, it's not really that important what you use as long as you use it in a consistent way.
Nihilist Forex Indicators
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stevepatt replied Dec 16, 2014Hi kholid; Replying with "lets see…
" doesn't really explain anything. Where you basing your statement on your indicators indicating a Bullish move? The Market will go where it wants to go all we can do, at best, is to find our strongest Trading ...Nihilist Forex Indicators
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stevepatt replied Dec 16, 2014Hi kholid; I don't mean to keep picking up on your trade decisions but you make such bold statements. What do you see that makes you so Bullish on this pair? I see a wedge formation that is well established but nothing overwhelmingly Bullish.
Nihilist Forex Indicators
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stevepatt replied Dec 16, 2014Hi Tronis; The GBP/USD Trade was a little early to consider going long, but look at how last week closed with a Weekly Bullish Engulfing Candle. There where several pairs closing, last week, with Engulfing Patterns this is a Strong Sign of Trend ...
MultiTimeFrame Trend Trading with Price Action
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stevepatt replied Dec 16, 2014Hi kholid; This is one trade decision where the Indicators line up with Price Action. Trend Reversals can only happen when the Higher Time Frames show signs of weakness. A Weekly Engulfing Candle is a strong indication for Trend Reversal and should ...
Nihilist Forex Indicators
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stevepatt replied Dec 16, 2014Hi dimdel; Thanks for the reply, I just wanted to point out how dangerous it can be to have so many positions open at one time. Less experienced traders might not understand the dangers of having so many open positions, especially if none of them ...
Nihilist Forex Indicators
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stevepatt replied Dec 16, 2014Hi dimdel; You have 18 open trades, I'll be interested in your Money Management to be able to have this amount of trades open at any one time. Can you explain your entry and exit rules please.
Nihilist Forex Indicators
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stevepatt replied Dec 12, 2014I'm going to be away until Tuesday so I won't be around to answer any questions. It will be interesting to see how this week closes definitely something to look at over the weekend.
MultiTimeFrame Trend Trading with Price Action
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stevepatt replied Dec 11, 2014Hi Tronis; Thanks for posting your Trade. You might well be correct, but I think, I'm going to wait to see how this Week closes. At the moment it looks like we might be getting several Weekly Engulfing Candles which will certainly be a very good ...
MultiTimeFrame Trend Trading with Price Action