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But when the Plethora of answers roll in it's a beautiful thing, no?
In fact, without questions, this thread is dead.
And if someone doesn't like my questions, they can ask their own.
When you have a burning desire to know something you tried really hard to understand on your own, and then someone else asks a related question you had been thinking about, when the answers do arrive -- they blast open your brain in a way that's destined to impact small trading adjustments in a big way.
That said, I do value the desire for thread aesthetics from the European crowd and will try to respect those values! It had crossed my own mind that I was messing up this thread.
Thank you, Perry et al, for your extremely helpful answers to my questions.
Can you help answer these questions from other members on NexusFi?
Ask away to your heart's desire, Plethora! If you are concerned about de-beautifying the thread, just compile multiple questions in one post. I learned 2 valuable 'additional entry considerations' from answers to your questions, namely preference for EMA(5) > EMA(20) on setup bar for longs (and vice-versa for shorts), preference for Green setup bar for longs, Red for shorts. Since these tidbits only come when people ask questions, then I think everyone should ask. I think someone should compile a list of such additional considerations (filters) which potentially would increase the accuracy of entries, maybe to 90-100% like the author
You're reading my mind, monpere! I can't believe I would have missed that little detail about entering longs on green bars and shorts on red had I not asked the same question. I was scratching my head how I skated over that information in the thread, but now you confirm that it was presented in a question and answer and I can't really beat myself up too bad for missing it when the methodology and the charts and learning NT were consuming all of my brain power. Thanks for the gift of sanity.
About maintaining thread beautification, it's tricker than it appears. I had a burning desire to respond to your post but hesitated, wondering if I should wait to write back when I had more to say or just return to my last post and add it there but I worried you might have missed it. What to do?
In any event, I'm still on my third read of this thread and you've inspired me to read even slower for more gold nuggets. Thank you.
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I'm working on a "Cheat Sheet" for this thread from all the questions and answers, entitled, "In Perry's Words." But there won't be any riff-raff garbage questions in it like mine. Just straight answers (isn't that what we all want?) When finished I'll attach it to that second post in this thread where all the invaluables are stashed.
Otherwise, Perry is like a Rabbi. You can ask him any question and he'll answer you. He's just not going to rewrite the Bible he already gave us Once on Mount Sinai.
I received a few private messages enquiring about my automation effort on Perry's set up. I finally have a "beta" version (using Method 1) that can trigger both Long and Short trades. If one has an effective money/trade management plan, he/she …
Infectious smile you have, my friend. Now that I know your plans I'm going back to put in the SMA (50) instead of just footnoting it. Fewer trades with it but higher winning probability.
I'll tell you one thing, this document is going to be one good read. back to you.
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I'm not surprised on the percentage win nor the stop. I don't know much, but If anyone had the guts to hold that long, they'd be surprised that the one point profit trigger would hit. The big direction has never, ever been wrong in the little time I've been watching. I've just been ball parking the necessary stop for a one point gain but now I'm going to look closer at 12.
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redratsal, you're killing me with your deep dish pizza avatar from Milan--it looks fabulous!
Hey Perry: Hey, I was comparing the es and 6E recently and agree 6E has much more trending. Any dangers we should look out for? Sometimes volatility can be the enemy. Thought? Thanks for the awesome thread!
I have a growing fascination with Method #2.
As the setup occurs much less frequently than
Method #1, if anyone trades it this week, could
I trouble you to post your chart for me to observe?