ladder105
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Posts posted by ladder105
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Re: Price Action Strategies - experience
For a PA based system.... use this for a simple system: only trade pin bars at extremes in price. This takes a TON of patience....... but it is WELL worth it...... it sounds too simple, but it works. All you need is the discipline to follow it... That is the amazingly hard part. ;)
Take Care,
ladder105
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hello...................... I am wondering if anyone has seen this., "The Law of Charts Video Seminar" it is by joe ross, what did you think about it? Thanks
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Re: What kind of system are you using?
your right, it is all about the individual trader.................. It's price action for me :D
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Re: How you determine the trend from daily or weekly chart?
I am a big fan of price action........... A good person to read about in finding a trend is Joe Ross........ He has a wealth of information on defining a trend and consolidation. I hope this helps...
Ladder105
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Hello,
I have just joined this forum, I have to say that I am impressed by the willingness of the members to help each other. That is a rarity these days.
I trade using price action. For me it works....... Everyone trades what works for them. A lot of the different disciplines of TA show the same thing, but in a different language........ Any way it brings me to this point, Collectively thinking what are some different ideas for trading outside of the box.
quick examples: Trade the traders not the price ( I guess that is what trading PA is )
Trading at certain times of the day
Trading currencies at different times of the month ( when companies need to pay overseas workers)
different kinds of range breakouts
After a set # of points in one direction, a set trade with a defined take profit (scalping off of a long time frame)
I had a few more, but I'm having a brain fart right now...........sorry
I thought that this could spark some thought /discussion.......... Take Care
Ladder105
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Re: I have a dilemma :)
fxlauk,
First I think that you need to deside what you believe about the markets, How do you feel that they work, what do you believe to be true in the markets. Once you identify that you can break it down even further. Are you a long term guy, day trader, or scalper. Find out about yourself first, find some truth in the market, and then develop your trading plans..... I hope this helped a little... If not, sorry
Take Care
ladder105
Metatrader 5 Available
in General Forex Discussions
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Re: Metatrader 5 Available
for me, the best part is being able to change the time frames..... 2min chart ........8 hour chart...ect...