walterw

Excelent trading today on the room Ronin ¡¡ if you can explain some of your setups it will be very cool ¡¡ thanks Walter.

and the 6t chart environment...

This week apart of looking at some candle charts wich I am experimenting, I will be trading my regular flip scalps... some examples from previous sessions : hope you enjoy trading this week... cheers Walter.

you should plot 2 of those with dif parameters like 2 and 8 maybe... try that... cheers The Chimp.

Yes I read your entire wrb thread yesterday, found it smart... One idea that came to my mind was that wrb`s are followed eventually by a small candle, that small candle that follows wrb`s as stated by Nison would first suggest a pause, but not necesarily a reverse on direction, as the trend may resume and continue... so instead of outing at the close of the wrb , my thought was that maybe trailing the extremes of this small candles that follow the wrb could be a way to stay inside... just ideas Brown, very little experience on the subject... only some cronic sick research adiction here.. cheers Walter.

Hi Mike, I personally find VSA very dificult to read as volume data sometimes may get tricky, I always say vsa is for very smart people, still sometimes they get tricked as we do on price action readings... so dont go bald ¡¡ jejej cheers Walter.

ok sounds good, so we can explore some new grounds... would this exits be candle based ? or you are interested in exploring some other exit strategies... cheers Walter.

Thanks Brown... I think that your 15 min chart really should be king here... I was really captivated with that chart and its performance... so lets start with the 15 min setups... I would like to develop some exit strategies more near to my style probably on smaller timeframes, but setups on 15 min look the best as I see that from your experience (wich is very valuable) trying to setup on smaller timeframes could be a futile game... My first question here... when a hammer doesnt make a mayor follow thru, is it possible to play in the oposite direction ? could that be a good setup ? also, I am very enthusiastic to see how Nison uses "flips" as part of his S&R context strategies... cheers Walter.

Thanks Brown for your great inputs... will be nice to see what type of new hybrid aproach we can make out of this... cheers Walter.

Thanks Brown for this new thread ¡¡ it will be very interesting to see where we can get here... My motivation here is to reduce my cronic scalping to a larger span but at the same time not so large... so it would be a more "larger scalping" aproach... So far I am very new to candles, so I cant talk with authority on this and I would like to learn from the masters... what I see is that 3 min and 5 min candles can do "something" for my idea, key is to create a good context so this patterns on this small time frames could be more credible... At this point I am paying a very close attention too dojis and hammers... Thanks for this oportunity ¡¡ and let the interaction start ¡¡ cheers Walter.

I am experimenting some candle charts... after reading this doji thread I was looking how dojis after a wrb candle with lower volume would call for some nice scalps... I would apreciate some critics to this 3 min es chart... thanks Walter.

I have a question as I am new to this... when a hammer fails like this example, can the oposite direction be taken as a valid signal ? for example a swing low of this hammer was a nice short to be taken... thanks Walter.

Today I readed this entire thread and its loaded of excellent quality insights ¡¡ very good inputs into candle trading... would be nice if you keep updating it as it has a very great educational value thanks Brown and James ¡¡ cheers Walter.

Mike : this is one of the versions of adxvma coded by Blu-Ray for TS... cheers Walter. ADXVMA6Test3.ELD

This is one of the S&R setups I will try to focus today... when we get to test an S&R key level expecting a bounce, BUT that bounce doesnt follow thru, we can expect a break of the level.... now instead of timing the entry after the break or in the break itself where you can get to much slipagge, I time right before the break... this can help for a tight stop management as well... good trading today ¡¡ see ya on our new chat room ¡¡ cheers Walter.

I started to study Nison last night... Awesome ¡¡ thanks Brown ¡¡ for my longer term trading that I plan to develop, no doubt candles will be my choice... simple and efective stuff ¡¡ cheers Walter.

Very special day for the chimp as he hits 2000 posts ¡¡ after 1 year and 18 days, with 59 threads started he is really glad to form part of the TL family ¡¡ He learned a lot thru collaboration and many thanks for your support dear fellow traders ¡¡ Now he is ready for another 2000 posts ¡¡ cheers The Chimp.

Hello fellow traders... Pipper asked me to show what chart I had been looking today for my scalping... So I will attach here the 22t principal I will have to make a confession... Its a little trick not suited for new scalpers yet and not recomended at the begining of this posible learning curve, as it could create confussion to the trader... I also do follow a 6 Tick chart for "very specific timing"... This things are not easy to diggest at the begining... but once really grasped they are really fun... see ya tomorrow on the chat... cheers Walter.

You may invest on the chimp banana republic national bonds, they cut coupons every week at 1% rate... best deal ever, guaranteed by the UN , bonds for food comision... cheers Walter.

jejeje :haha: :haha: :haha: ok lets compete, who gets to $5000 first...

Thats a nice new benefit from TL ¡¡ would be nice if this could also be done on our futures acct as well ? jejeje... cheers Walter.

yes it would be swing of a bar that is testing some of this key levels...

BO stands for ?

Give me time agon and I will try to make one... really if price was hit, you will get filled, when you see that you did not get filled and things get lazy, thats where you want to exit manually... I kind of understand what you are meaning on getting filled on so small range... sometimes happens, sometimes not... thats why I get out with +2 or +3 sometimes and still is good bussiness for me... cheers Walter.

I use a DOM where you have a lot of features to get some exits automated once I entered manually... If I load more volume some things I do it manually... I am afraid making a video of this will not be possible as camtasia uses excesive resources... but basicly agon, you tell the DOM how many ticks profit you want from where you entered and he will do it automatically for you, if things are not getting there, I get out manually... playing with the DOM its key there... cheers Walter.