Disliked{quote} Great template, Can you share the template with us, thanksIgnored
OAPDAVE indicator Color fill MA #post 1452
And SPH 8Ema VS 200Sma #post 1468
![](https://resources.faireconomy.media/images/emojis/64/1f44d.png?v=15.1)
Attached File(s)
KISS&V :Keep it simple safe & visual
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Software tools for LauraT's Roadmap 167 replies
Forex Brokerage Roadmap 4 replies
Best way to read all of someone's posts? 3 replies
Simple way to read chart 11 replies
Disliked{quote} Great template, Can you share the template with us, thanksIgnored
Disliked{quote} Couple of shorts off that High maybe ? Now broke above - so wait ? {image}Ignored
DislikedHow far is too far? I am still studying the thread and the other related threads and this may have been discussed already. If so, i'll find it. Is there an objective measure for how far price/channel has moved from the 200SMA before the trade is invalid? Is there a percentage of the ATR or ADR that says don't trade? Does it remain a visual interpretation that is up to the discretion of the trader? RussIgnored
Disliked{quote} HiIt's a good question but one that unfortunately I cannot give a mathematical answer to. The further away price is from the SMA, the more chance it could spring back toward it (or stall enough for the SMA to catch up). Armed with that knowledge, it really depends on the risk tolerance of the individual trader (and the look and feel of the individual trade). {image} A random chart example, showing the approximate distance from the SMA to the bottom of the channel. Notice that, each time, price retraced toward SMA. But the value...
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Disliked{quote} Hope your keeping well mate, bit of a bummer with no footy, do you ever bump into any of the old gangIgnored
Disliked{quote} HiIt's a good question but one that unfortunately I cannot give a mathematical answer to. The further away price is from the SMA, the more chance it could spring back toward it (or stall enough for the SMA to catch up). Armed with that knowledge, it really depends on the risk tolerance of the individual trader (and the look and feel of the individual trade). {image} A random chart example, showing the approximate distance from the SMA to the bottom of the channel. Notice that, each time, price retraced toward SMA. But the value...
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Dislikedhi laura ..i really like the simplicity of your trading .....my daily open line is 40 pips away from urs ...do u trade chds obn mt4 or futures???Ignored
Disliked{quote} Yer, bang on Lem, you never know how long I have got left in today's world, so maybe it just might be a parting gift. Joking aside, you know how long its been my standby indicator ( not easy to grasp at times) but no matter what anyone says its been very kind to me I just look at it as another form of RSI or any other type of OB/OS indicator ps its free to the nice guys but a million pounds to the indicator collectors Lem love your style and attitude, spot you posts in a few placesIgnored
Disliked{quote} Hi Dave - yes gets boring with no footy. I'm in regular contact with your mate north of the border plus a couple of others. Interesting system this.Ignored
Disliked{quote} Quite right, Dave. Life's too short. If you have something that works for you and you know will always have your back, then wth shouldn't you use it any chance you get?! I have to say, that I too now have a chart that is set aside for your Special Sauce and it's always worth a look see. Enjoy every sandwich! - Warren ZevonIgnored
Disliked{quote} See you just prove me right, You are a nice guy and sensible now, if you have got a magic sauce chart set up hahahahaha Thanks Lem Keep well, keep safe my friend DaveIgnored
Disliked{image} A pretty standard channel cross trade. What I wanted to point out on this one though is that my logical target (daily open line) was exceeded. It's worth watching price action when an instrument reaches your target (assuming you are able to be infront of the screen). As you'll see from the chart, price eventually burst through the daily open line with a very strong candle and I was able to make a few extra points just by sitting on my hands.Ignored