Trading System by Xard777 - page 233
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Praise, lol
:):)
what would be calling "techmac" - "tictac"?:)
My bad....
Letters are small on this phone.
TechMac....... Pava........
Tranquilo..... Relax.
Didn't mean to affend you both.
I can understand how you both feel...
Earlier not long ago on thia thread. I too almost mistaken for some one else.
A Karl or something rather.
But its cool esay. I am sorry for the misunderstanding.
You see. Now we can be friends again..
So...... Anyone have any luck with the Triple A Chart?
Anyone?
Ish
What's a matter? Don't believe in Magic?
THERE IS NOT MAGIC IN FOREX.
MY RESPECTS
DAN
is there not alittle black magic ?
is there not alittle black magic ?
only on the brokers side
all th best
dan
Lol.
Damm tough crowd.
Sorry I ever brought it up. Even though its true.
But anyway.
Now that I got your attention.
What do you say we all put our heads together and build a badass setup.?
Ish
I mean.... It could be interesting what we come up with.
And in the end we can might be giving our selves the ability to make some money.
This isn't a Karl Dittmann Ad.
Im not promising you riches beyond your wildest dream with repackaged freely available indicators.
That guy doesn't even have the decency to steal good code.
Im not trying to sell some sort of snake oil.
Honestly.... I don't need anything from any of you.
Theres only two that I would give the shirt off my back for if they deemed it so.
And they are the only two that I feel like I have to answer too.
Becuase they made me what I am today.
But what I do see is the potential in this room.
I see guys like TechMac and Dansol and WR1 and many others.
Hell even Pava who has been a great help on a certain Ninja Trader forum.
I see a bunch of guys who have been doing this for a while.
Who regardless how many time they have been knocked down they still dust them selves off
And get back up to try again.
It makes me wonder what would happen really.
If they all. If we all worked on something.
I think nothing but good can come from it?
Sorry. Double post.....
Come on Mofo.
Very nice setup that AAA Chart
.
To bad there are more using it.
Ish
but I use a sl of 20 pips.
I am quesing AAA trading useing the 30 min or 1 hour.
Thanks IshI get this question a lot.
If you do decide to trade the smaller time frames then its best to trade in the direction of the bigger time frames.
The AAA chart makes this easy too do.
Consider the Sell areas of the 4hr chart and only take sell trades when you get a valid sell, but only when you are in a 4hr sell zone.
Buy trades on 1hr the same, only when in the buy areas on the 4hr.
30 min the same way but you will only be able to take the buy or sell when you are in both the 4hr buy/sell and 1hr buy/sell Zones.
Be carefull with 30 it's easier to get chopped up.
That's why I trade 4hr. You can even apply the rules to the Daily and only take 4hr sell/buy when in a Daily sell/buy.
At only makes sense.
When it comes to stoploss. It depends on the pair and the timeframe.
A 20 pip stoploss will get eatin up in an instant on a 4hr or 1hr Jpy pair, except the usd/jpy which take a lot of movement to rack up pips so I don't trade that pair.
But you see some like Pairs that can move more pips per trade and some would prefer a pair that does not eat much when moving. Just depends on the traders preference.
Figure out which pair moves to your liking.
If not sure stick with the basics maybe Gbp/usd and Eur/usd.
You want to place your stop loss where you know that if price hits this area where your potential stoploss maybe then you know it is turning on you.
Thats the whole point to stop loss is to stop your trade when your not paying attention and price goes against you and against your buy and sell rules.
Look for oppurtune times to enter.
You will notice on the AAA chart that when the RSI is approching or entering into the red/sell or green/buy zones that and the blue/yellow trend line changes color that those are good chances for trades.
Look for patterns in these areas. Look for patterns on the smaller time frames in these areas.
Learn to read your chart. Lear to read and know when price is ranging or going sideways and Learn when to stay out.
Learning when to stay out is even more important that learning when to get in.
The AAA chart can help you learn this. Clock some chart time and watch the chart. Study it. Mark it.
Make notes. Watch it some more.
Ish