Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
yes, I think 50% of BC may be valid. I was eyeballing an entry. I think you can use the system based on what perry defines. I was just trying to give suggestions on a more aggressive target. I think the AB=CD is a very common pattern. Also if you are with the trend of a higher time frame you have that on your side as well. I marked up a chart with optional entries such as a trendline break, break of symmetry as well. if you need additional info on what I mean about symmetry break let me know.
Thanks for the additional entry tips. Oh, I'm very embarrassed to disclose that I don't know how to draw trendlines (sort of connecting 2 points together .. then I got lost within seconds .. ooooo ) .. symmetry has been all over the place and I have no clue as at this point .. head starts spinning ..
I will stay with Perry's entry rules and occasional 50% of BC. Trendlines and symmetry are on my Learning list .. will get there .. haha ..
Hi Beth. I am new to the website, so please bear with my questions. I really appreciate all of the information you are providing in this thread. It has been very helpful to me. I have not been able to go through all 90 pages yet, but could you (or have you already) provide some more information on the trade setups in your trading plan: EMA Method 1, 4 Range Setup, MP 30 minute, and CCI 5 minute. Any information you could provide about these would be much appreciated. Thanks.
After putting the ForceIndex onto the forum, it has developed into so many variations and questions, with the introduction of the boomerang, all of which is very similar to the way I trade, I though it best to put a full scale model up for discussion.
…
Methods 1 and 2 (entry rules) are on Post Nos 71 and 72 on Page 8. It's a 39-page thread and I highly recommend your going through it at least once before sim-trading the set up. Perry has been very generous in sharing his set ups with us (he has been using it to trade live). Simply prepare a post in his thread for any questions you may have. He's been extremely supportive/responsive and you'll be in good hands. Enjoy!
Note: You will find the Market Profile indicator from the Downloads section. To understand the CCI set up, please visit Jeff's CCI thread.
Not intended to confuse you, but a quick symmetry lesson. I would stick with what you know and what you are comfortable with, but i wanted to pass this on because it sounds more complicated than it is. By the way, many times you get the same result doing something a different way. What I mean is whether you use rules, a trend line break or whatever, many times it gives you the same result.
Here is a link on trend lines. Also, no need to complicate. Basically drawing lines between points. Trend lines can be horizontal as well such as a double top or a horizontal channel.
I would love to hear some comments from anyone who has previous experience with a Live Trading Room for Forex. If there are actually any Trading Rooms out there that aren't a complete ripoff. Thanks.
Note: They're taken by "it" again Zoe!
We're now going for a short tandem bike ride before my Market Replay exercise.
Enclosed VPOCs in bold (Top 1128.50 and Bottom 1119.00) are based on today's Close @1121.50.
Have a lab appointment early in the morning .. always the case after meeting the family Dr for a bi-annual physical exam. Will be back around 10:00 am .. just in time after the 10:00 am news .. smile ..
Glad that you "like" the album. Yes, the wood pieces are reserved for winter. We have a woodstove to warm up the house (900') and not heating system. We're definitely very environmental friendly LOL!
We bought the land in early 2009 .. Nelson's dream for years and our former neighbor finally sold it to him .. smile.