Thanks D Yes I think R:R is one of the most understood topics in trading that people come into with a certain idea and often it's one of those things that stop people from progressing by not examining it from many angles( and yes many angles can ...

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stealing my charts again Mag In the same one, see if we can get a final push

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great job str8 enjoy those pips

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Hey D I don't use EMAs myself, but I don't think the actual number one uses is going to define the success of a moving average of the tool. For example the 150 or the 200 is a medium term moving average or agreement of price over time. I think it ...

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enjoy your holiday lester

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wow thanks guys, that's some nice praise. Just someone sharing his experiences, nothing more nothing less. Glad it can help though Thanks again seriously made my day Mike

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great Bat, we'll try to jump in and help when we can Best of luck Mike

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Hey Yaw Absolutely nothing wrong with trimming down what you watch in the beginning. I did the same thing actually as I would rather be great at a few things then OK at a lot of things. Over time you can add new tools to that toolbox as you progress ...

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Hey Aser That's great that you are researching your trading. Nothing wrong with doing whatever works in that case. It depends on a lot of factors for certain trade mgmt tactics to work. My balance is that I try to pick high quality setups that when ...

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Hey Ivan For me bar size is important to reverse a strong trend especially without confluence. Bar size and bar close. In your chart the bar close is weak for me. The 5pm close was actually much better and was a good nice bar size that's very low ...

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absolutely lester, this is key stuff here What works on paper doesn't always translate to what works for someone in real time. A great example of this are methods that offer high reward but low win rates. On paper they are fantastic , but having to ...

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For sure Ivan, the more the merrier. Especially on the higher timeframes like daily/weekly. Spread is very rarely an issue I watch about 80+ FX pairs on daily/weekly, bout half that on the 4hr and lower and some 3000 stocks on the weekly charts Best ...

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thanks Lester i should note though that beginners and new traders should be sticking to the basics. I always want to drive that home especially in this thread. I do release and give more advanced information as I like to share, but new traders don't ...

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You'll get em next time M

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Welcome as well to the thread Bat! Lester gave a great summary just below that I have nothing I could add to Good to see some new faces popping in

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Thanks for the kind words and welcome to the thread fisherman! I agree with all you said and lester gave some great follow up

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lester rant away man. Seriously i'm the biggest ranter around and get sick of hearing my own rants for fear of putting people off. Your posts have been nothing but great my friend Mike

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it's happening LOL

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hey it's better than me lol

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yep if we got a beob to close under that BRN, back down we go LOL If it closes like a pin i wouldn't play it cause we'd be trading back into that area where actually looking for longs would still make sense Hopefully someone trailed more ...

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