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sundowner
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Everything posted by sundowner
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Hi PYenner, As you know, I've been using your indicators with some things of my own for a while now and thought I'd let you know that out of the last 20 trades, 18 have gone in my favor. That is a new experience for me. Obviously it's too soon to draw any conclusions, and I'm not prepared to go live yet, but many thanks to you! Walter, your videos and the information you have discussed on these threads, have proven invaluable. Thanks to you. About your latest indicator, PYenner, it does seem to function similar to the momentum indicator, MT4 standard, but yours seems to more clearly indicate turning points (IMH0). So, just to say I am really appreciating the work you have shared here. Regards
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Hi PYenner, I've been messing with your toys again... You're probably thinking, "no good can come of this," but I'll trust to your good humour and post another chart. At the very least it's a pretty picture... Regards
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Greetings gentlemen, This thread is the most fun serious endeavor I have encountered. Thank you. PYenner, Thank you for sharing your thinking and your hard work. You see very clearly sir. Walter...most appreciated. Regards
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Sorry, Just a comparison chart to post.. regards
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Greetings PYenner and Walter, Here's why I'm so interested in your work gentlemen and would like to contribute if possible. (Goldenequity's stuff really) I'm thinking that if we could combine the HE VMAs with GE's stuff we might just rediscover fire and make some serious money. Again, PYenner... just for your consideration... no work on your part, yet Usual disclaimer... Happy Thanksgiving all. (Canada) Regards No one of us is smarter than all of us...Carl Gustav Jung.
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Great stuff guys, Amazing work. Thanks for sharing with the community. Regards
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Hi Walter and PYenner, I've been playing with the timing some and I thought I'd offer this for your consideration. Seems to have potential... figured you wouldn't mind since this thread is for casting about ideas. What I've done is add a dinapoli ma to the charts (3 sma, shift 3, close) I am thinking Walter's notion of the HE in combination with his idea of determining trend / trade direction works very well. My thought is this for now - trade in the direction of trend and use the HEs and 3 sma and we might have a solid entry/exit potential. The charts I am posting are of the VMA1 and VMA3 both on five minute charts with the 3/3 sma. Again, not trying to deflect your thinking here...just sharing an idea. Please ignore the candle formations if they're distracting. I just like the visual. Regards
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Hi PYenner, I couldn't agree more. Walter's inspiration about the HE is what attracted me to these threads. Brilliant really. I look forward to your further posts and hope you will consider this brief digression into RCs as light diversion. I did not mean to shift your focus. Regards
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One last post about timing a trade with RandyCandles and then I'll leave it to you folks to decide if it's worth pursuing. The difficulty with these candle formations is that the move following the entry candle (the candles following the alert candle) is sometimes not worth trading and I haven't sorted out how to know the difference. These two charts are examples of timing trades using RC's. The first chart is a series of trades following the laddering that work very well as you will see, the other chart is of some trades didn't work out well. Cheers
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Sorry for the double post, but I forgot the chart. The chart has an example of two alert candles. You will notice a number more. Cheers
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Thanks for the welcome PYenner and Walter. Here are the templates and a detailed look at the use of RandyCandles posted on another site by one of the contributors. Sorry, too lazy this morning to look up his name. Yes Walter, they are heiken. Basically, Goldenequity looks for specific candle formations which he calls zorros and chili peppers (alert candles) at market turning points...your laddering, for example. The document explains in detail. Cheers vma rc v1.tpl vma rc v3.tpl RANDY CANDLES METHOD.pdf
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Hi Walter, Thanks very much for these threads Walter. I really appreciate the careful, thoughtful descriptions you have presented outlining this trading method. I find the videos clear and concise… great visualizations. Gracious of you to share. Special thanks as well to PYenner for the time and effort you have put in and shared with this community. Without your contributions I would be sidelined, as I know absolutely nothing about programming and am probably too thick to learn. I particularly appreciate the templates and indicators in metatrader format. With respect, I’d like to post this chart with a candle formation originally created by “Goldenequity” and introduced to the forex community on this board… this post: http://www.forex-tsd.com/suggestions-trading-systems/7914-randycandles-information.html (post 577 is Godenequity’s) As you can see, he uses dinapoli mas and looks for what he calls waterfalls and fans… a distant cousin to the rainbows you use. I find the RandyCandles (Goldenequity’s first name is Randy I think) a very useful visual aid and am thinking they may help here in timing trades. (or at least provide a great visual.) If you find this post off track or valueless, my apologies. Again, thank you both. Regards
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sundowner replied to trading4life's topic in Beginners Forum
Hi all, Really interesting site!