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Old 07-21-2007, 12:57 AM   #9

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Re: The "False Break" Trade

Hi Moneymarkets and welcome aboard ¡¡

The above chart is a YM 55 Tick with Keltner exponential bands 100/ 1 and 2.5 atr... cci is 14 and 6 (optional)... This charts are the same for : flip, false break and lazy trades (all in diferent threads)... hope helps... cheers Walter.
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Old 12-08-2007, 11:26 PM   #10

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Re: The "False Break" Trade

Hey Walter

I was just wondering what trading platform you are using in the screenshots above?..
I have also been playing with your setups on TS but find that the TS CCI isn't as nice as the one you show in the NT charts (fxst3 cci) from some of your more recent posts.

Anthony
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Old 12-09-2007, 06:53 AM   #11

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Re: The "False Break" Trade

Quote:
Originally Posted by pipper »
Hey Walter

I was just wondering what trading platform you are using in the screenshots above?..
I have also been playing with your setups on TS but find that the TS CCI isn't as nice as the one you show in the NT charts (fxst3 cci) from some of your more recent posts.

Anthony
those charts where from trademaven platform, actually using NT for charting an yes fxt3cci its much smoother, thought this days I am timing on the price pane directly... cheers Walter.
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Old 09-10-2008, 10:09 AM   #12

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Re: The "False Break" Trade

Hi All,

Here is a high resolution printable picture of the Lazy and False Break setups.

Walter if you are reading this can you tell me do you have a classic M setup or do you use only these two to do your cyclic trading?

Patrycja
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Old 09-10-2008, 11:16 AM   #13

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Re: The "False Break" Trade

Excellent Patrycja ¡¡ yes thats the way it goes ¡¡ the other alternative that is very common, is the equal M... wich exactly tests the same level and comes back to the refresh action... good job... I imagine you are already making your sweet 10 ticks per day... keep up that great job Pat, trading can be such a great fun and profitable bussiness, it all depends on our mindset and our actitude towards life ¡¡ cheers Walter.
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Old 09-10-2008, 11:45 AM   #14

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Re: The "False Break" Trade

Sweet sweet M`s... cheers Walter.
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The "False Break" Trade-m-1.png   The "False Break" Trade-m-2.png  
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Old 09-11-2008, 09:41 AM   #15

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Re: The "False Break" Trade

Quote:
Originally Posted by walterw »
Sweet sweet M`s... cheers Walter.
Hi Walter,

Thanks for these posts.

Yes like I said I cannot belive how fast a 22 tick chart is on a YM, just not for me at this stage. I now understand why you are using market orders to get in and out of the market.

I also had a look at your forex threads and downloaded the Metaquote software, did 12 pips yesterday, so I guess your methodology works.

Patrycja
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Old 09-11-2008, 06:29 PM   #16

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Re: The "False Break" Trade

Quote:
Originally Posted by Patrycja »
Hi Walter,

Thanks for these posts.

Yes like I said I cannot belive how fast a 22 tick chart is on a YM, just not for me at this stage. I now understand why you are using market orders to get in and out of the market.

I also had a look at your forex threads and downloaded the Metaquote software, did 12 pips yesterday, so I guess your methodology works.

Patrycja
Yes, in terms of forex I am having a good deal of succes at this point... now I am not using metatrader charts, I am using Ninjatrader charts with Tick charts wich are very good... this method I am using has a very nice RRR embeded to it... unfortunately I can not talk to much about it here, as it forms part of a paid material... cheers Walter.
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