How do you determine when to enter? What do you use for stops/profits ? Thanks, Michael

The Raz Method

Hi Dubai. Actually the 3 consecutive candlestick method is known as "the 3 soldiers method". Your idea of trading in line with the 5o ema high/low channel is a twist on the 3 soldiers method that I have not heard. I eyeballed the 1 hour chart and it ...

3 Consecutive Candles Method..

The problem with FA is what do you do when you have a nice profit and the market comes back and takes your profit away before it hits your price target. For instance, I was short the DJIA at 13,000 and I was looking for a total smash. The market ...

trading with fundamentals is the only way to go

Good Luck.

trading with fundamentals is the only way to go

Fundamentals are what moves the market- not chart patterns. However, even if you trade on fundamentals there is a lot of noise in the markets, which means your position can go very much against you. So, you have to be right and you have to stick to ...

trading with fundamentals is the only way to go

Is anyone making consistent money using tis method?

Hedge and Correlation Strategy

When I first tried this method. I got KILLED! The reason for this is because this trade is a spread and NOT a riskless arbitrage. A spread is just as risky as a naked trade! I am trying one more time and this time, if the trade shows a 25 pip loss I ...

Hedge and Correlation Strategy

tcmm, thanks for sharing your idea. anyone who gives you a hard time for presenting an idea is a troll and should be ignored. Just a question: 1) Do you enter AS SOON as the macd crosses or when the bar which it crossed on CLOSES? 2) Also, Are you ...

The Big Dog Trading Secret

I tried this idea. I got killed. It's a SPREAD- not an arbitage! The spread can either get bigger or smaller. There is NO way of knowing. It's just gambling.

Hedge and Correlation Strategy

Putting a stop below the pull back of the first swing (on a long) seems like a good stop. A profit target at the second swing high (on a long) seems like a good profit target.

Pip Milking Strategy