Look At This It WILL Help
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Old 05-31-2008, 05:20 PM
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Default Look At This It WILL Help

Hello,

Something that helped me immeasurably in my trading was this.

Having a real trigger as when to get in and when to get out of a trade.

There are all kinds of "lines" "cross overs" but I am the type of person
that likes to have a definate ENTRY POINT not something that can be viewed
from 5 different angles.

So here it is ....

I only trade off of 4hr, daily chart.

Daily chart for trend direction.

4 hr for actual entry point - sometimes I will go down to 1 hr but that is only sometimes.

As long as you have 4 hr and daily chart up you'll do good.

I am not providing a actual method to trade rather a couple of things you can add to your method already that will fine tune it and make it much more exact.

Here it is .....

1. Heikin Ashi candles a MUST

2. 5 period LWMA offset (shift) by 2
Linear weighted moving average = LWMA

Add the LWMA to typical price h/l/c/3

In meta trader you will understand this set up of configuration.

You can view the pics I posted to see the relation of the candles to the
5 lwma. This is what I use as my trigger to get into and out of trades and
still after all these 3.5 years of trading it's the only thing I have come across
that is exact enough for me to be able to trade with precision entry and exits.

I hope it helps you.

~Colin
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Old 05-31-2008, 06:32 PM
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Thanks a lot for sharing colin.. it sure does help..
regards
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Old 06-01-2008, 02:20 AM
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Thanks a million Colin for sharing great stuff!
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Old 06-01-2008, 03:44 PM
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Thanks Prostyle. Very great visual.

FerruFx
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i have missed alot
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Old 06-02-2008, 02:51 PM
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Default i have missed alot

i have really missed alot....i dont know there exist a site like this that traders relate ..and bring out result....to be sincere i commend the effort of the guys in charge ....you are really..innovative.....i will like more explanation on how the trend manager work....have anybody tried it
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Old 06-12-2008, 04:58 AM
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That's a pretty good stuff!

Thank you for sharing that one..

Sounds a good pips huh!
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Old 09-04-2008, 02:50 PM
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Very good!!!
Thanks Colin! (n_n)
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Old 09-05-2008, 04:40 AM
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Hi Colin

may i know where can i find this indicators, i am new.

2. 5 period LWMA offset (shift) by 2
Linear weighted moving average = LWMA

Add the LWMA to typical price h/l/c/3

Thanks
garfield.
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Old 09-07-2008, 04:49 PM
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just google for heiken
the rest are part of the mt4 platform.
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Old 09-08-2008, 03:47 AM
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Quote:
Originally Posted by garfield View Post
Hi Colin

may i know where can i find this indicators, i am new.

2. 5 period LWMA offset (shift) by 2
Linear weighted moving average = LWMA

Add the LWMA to typical price h/l/c/3

Thanks
garfield.
Just click Insert > Indicators > Moving Average ... then set accordingly.

FerruFx
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