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DOG

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Alias Born 04/17/2008

DOG

Re: estimator post# 100497

Wednesday, 07/11/2012 6:26:48 PM

Wednesday, July 11, 2012 6:26:48 PM

Post# of 140146
Yes that is what I meant... it took me a long way to respect the lines sg setup.. I began with the Quad tunnel from sg.. then he came up with the easier setup of his chart... I had my difficult with it to see hwat he sees ... had big problems by finding my entries and exits... so I lacked my chart completely and went over it again step by step... first I had only his MACD chart I have to say this 21,34,8 is a blast and I found the 10,34,34 real cool *lol.. compred what the price is doing with MACD... I needed more information... then I took EMA 20 and EMA 10 from earlier days while I traded stocks... I realized that EMA 20 is a very very respectable line... I tried via 1 min and still needed more information and then I compared it to 5 min over to 15 min over to 1 hour and 4 hour ( I don`t like that timeframe and only look on it from time to time *lol) ... still needed information because I got still nervous in my trades... so it came that I gave the EMA 89 and 169 ( for Quad tunnel ) from sg another shot... and here we go... all in all I now can see what I`m doing when I`m in a trade but still have my problems to find the best entries... I`m working hard on it to respect the trendlines as resistance and supports on the 1 min chart... still need to find my trading plan when to enter... for example do I only play divergence on price vs MACD or do I only play double tops or bottoms vs MACD or enter every trade when it hits support or resistance for quick scalp... and so on... it was a hard time and still is a bit to respect the lines and resistance or support areas.. but the longer I think about and the longer I see the same patterns day after day the more I find confidence in it... also a big Question is do I want to scalp only for 5 pips or do I want to find the bigger runs of 15 to 50 pips and will I have the guts to stay in the trade and on the other side will I find enough entry points to scalp for 5 pip and make constantly 20 trades a day--- of course it is possible because sg is already doing it--- ... you know it is all about emotion at this point smile and that is the hardest part for me right now to write the rules on paper and then only stick with them and not thinking about other opportunities anymore... smile
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