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- TheSpoof replied Aug 22, 2019
Like I said, I will explain all of this in a video later today.
- TheSpoof replied Aug 22, 2019
That was close!! Nice to see my broker didn't screw me over Sure be nice if this trade would now go hit my TP instead of bouncing around here.
- TheSpoof replied Aug 21, 2019
let me explain it all first so everyone understands the rationale behind the ideas. Videos coming tomorrow
- TheSpoof replied Aug 21, 2019
Yes. I intend on trading the dailies. I’ll talk about them in an upcoming video
- TheSpoof replied Aug 21, 2019
Then SAR is exactly the same as before. I’m going to do a video tomorrow to show how this compares to the TMMS oscillator and the HMA.
- TheSpoof replied Aug 21, 2019
MAJOR UPDATE So, as I have alluded to over the last week and shown with a few recent posts I have started to shift back towards the daily trend trading I was doing before I stumbled upon RH's methodologies. I traded them successfully in July but ...
- TheSpoof replied Aug 21, 2019
Here is the GBPCAD set up I am waiting for along with examples of effortlessly trading the huge down trend.
- TheSpoof replied Aug 21, 2019
Here is the EURAUD set up I am waiting for. With an example of a past trade that would have been taken.
- TheSpoof replied Aug 21, 2019
End of day scan...nothing to trade. I am watching for a long trade setting up on EURAUD and short trades on GBPUSD and GBPCAD (charts in the next two posts below). I am currently short on the EURUSD from a trade from last week that managed to not ...
- TheSpoof replied Aug 21, 2019
That down trend was tradeable because it was a strong trend...what I am trying to do is identify non-trending conditions vía longer term moving averages. A group of long term moving averages shows strength in solid trend. In the daily chart these ...
- TheSpoof replied Aug 21, 2019
Ok...sneak peek of what I am doing going forward on the daily charts. It can be applied to the four hour but it is prone to more whipsaw action and the trending conditions can be much shorter and not as stable as the dailies. What I am trying to do ...
- TheSpoof replied Aug 21, 2019
Yes, more signals for sure, but that doesn't necessarily mean more profit as a lot of those moves only make it to a 1:1 before giving reversal signals. It certainly mean more commissions Not to mention I don't like to be tied to my computer. I ...
- TheSpoof replied Aug 21, 2019
Yup...this has been a terrible three weeks. Like I have said before, there are many traders that take the summer and December off of trading for a reason. On the daily charts not so bad since you can potentially ride out some inside bars or ...
- TheSpoof replied Aug 21, 2019
I appreciate your analysis, but the original methodologies generally did not take any other factors into account. The idea was to make trading simpler. You are basically now primarily trading support and resistance with the addition of the ...
- TheSpoof replied Aug 20, 2019
Well...scan of the daily charts at the NY close and nothing to trade. Let the waiting begin
- TheSpoof replied Aug 20, 2019
This is something that many traders, including myself, need to really understand. Once this is accepted one’s trading mentality really starts to shift in a different direction.
- TheSpoof replied Aug 20, 2019
Indeed. It’s been a tough month in general. It’s ok though, better market conditions will return. You are absolutely right about revenge trading. Now is really the time to probably take a bit of a break. It’s looking like three weeks in a row now of ...
- TheSpoof replied Aug 20, 2019
"The next thing that I realized after years of trial and error, was that if I ONLY focused on the daily charts, I naturally traded a lot less. This helped me to avoid over-trading and losing money unnecessarily. I will admit, you need enough ...
- TheSpoof replied Aug 20, 2019
My stop is at 0.5R now so we will see where it goes.