The Boardroom - Page 2
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Thread: The Boardroom

  1. #11
    Quote Originally Posted by ;
    Congratulations in your own thread!

    Sounds intriguing. One question if I may. All these MA's are mainly used on the 4 Hour chart?

    Thanks and best wishes to you for a lengthy and successful trading career!
    I really have them all of the timeframes from 5M up to the Monthly. Obviously the weekly and monthly take much more time to form and launch. The shorter tf patterns help provide the insight to the lengthier tf's thus the bigger moves.

    I recently got off this method Dr. D since I discovered it had some attributes which functioned well with my methods that I currently employed. My most important methods I use are fibonacci retracements and candlestick patterns and configurations.

    I always look for further procedures that match with what I do since in my 6 years of trading I have learned one important truth. However good your egy is, it does not work all of the time. If I have different methods all confirming or denying the exact same thing, I am more confident the way is sound.

    C.

  2. #12
    Quote Originally Posted by ;
    Closed partial long position 5600 (1.0) @ 1.5740. Remaining position
    5695 (.5) open sl place to BE 1.
    Remaining trade Stopped out 5696 (.5). Postions are flat as of right now.

  3. #13
    Quote Originally Posted by ;
    Staying trade Stopped out 5696 (.5). Postions are horizontal at right now.
    Why I shut out of commerce @ 5740 and set sl into SL 1. PA spiked upward and struck the 200 SMA on 1H chart. Good place to dive down. May return in for another long once compact tf's confirm move. Also we have been in a sideways channel for a week today, so we might see the bottom of the channel .

    C.

  4. #14
    Quote Originally Posted by ;
    I recently got this method off Dr. D because I noticed it had some qualities that worked well with my methods I currently employed. My most important methods I use are fibonacci retracements and candlestick patterns and configurations.
    Yep, that's about what I figured. I've been watching his posts regarding compression for some time now. There is no question IMHO that compression reveals consolidation very well.

    Thank You

  5. #15
    Quote Originally Posted by ;
    Yep, that's about what I figured. I have been watching his posts regarding compression for quite a while now. There's no question IMHO that compression reveals consolidation well.

    Thank You
    No problem. Drop in any time. BTW, if you don't mind sharing which system (s) you use. I've seen you in various treads, cable, wormhole etc. and also that I noticed you make fairly good calls also. Like I said I am always on the lookout for tweeks to my method.

    Thanks,
    C.

  6. #16
    Quote Originally Posted by ;
    No problem. Drop in any time. BTW, in case you do not mind sharing which method(s) you're using. I have seen you in various treads, cable, wormhole etc. and also that I noticed you create fairly good calls also. As I said I am always on the lookout for small tweeks to my way to enhance my trading.

    Thank you,
    C.
    Well, I am still trying to figure out what's going to work best for my particular needs. You have 6 years trading? I never heard of Forex until Sept. 08 and have just been trading live since last May so I am sure you have far more expertise than I.

    But basically my Signature says everything. S/R PA (and of course I use just about all the tools you have mentioned as well to assist the confie)

    But I only recently discovered that I have been compliing things far too much so that it”s back to basics for me.

    https://forexintuitive.com/cryptocur...ned-price.html

  7. #17
    Long entered 1.5600(.4) SL 1.5550 TP 1.5750.

  8. #18
    Quote Originally Posted by ;
    Well, I'm still trying to determine what will work best for my particular needs. You've got 6 years trading? I never heard of Forex until Sept. 08 and have just been trading live because last May so I'm certain that you have a lot more expertise than I.

    But basically my Signature states everything. S/R PA (and of course I use just about all the tools you have mentioned too to assist the confie)

    But I only recently discovered that I have been compliing things way too far so that it”s back to basics for me.

    Https://forexintuitive.com/brokers/5...tions-mt4.html...
    Well if you would like to count my stock trading encounter I have over ten years experience, but yes about 6 years trading the forex. The first two years was not nice. I lost my butt and then some. I about gave up. I managed to quit my job and exclusively trade (though I do do taxes during tax season being a CPA).

    I think that the thing I wasn't used to the most when I first started was that the money management leader. With stocks you do not require money management. You can not be margined out. Many trades I made this went enough against me to blow off my account and then no sooner it did this, it moved my path for 1000 pips.

    IMHO, proper money management is the biggest key to trading the Currency Market currency. Even in case you've got a crappy method, you can make out in the event that you manage money correctly.

    Your method appears very similar to mine from everything I can see. You seem to be well on your way to get trading a bit more than a year. I wish I was that way along back then. .

    Good luck with your trading and keep in touch.

    C.

  9. #19
    Quote Originally Posted by ;
    Long entered 1.5600(.4) SL 1.5550 TP 1.5750.
    Chart for Extended entry. 15M @ 161.8 with 4H candle fibs.

  10. #20
    The method I use to trade consists of analysis. I utilize a system of numerous TF fibonacci retracements, candlestick patterns and configurations, and moving averages. In addition I like using compression patterns consisting of different MA's.

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