SQ short price breaks the 20 period within a medium term distance from the 200, price gets squeezed between the 20 and 200 and is sandwiched and pulled into the 200 like a magnet…read the post again its all there
oh thx dennis @_@ im still watching the videos though…it doesn’t tell me where to put the TP
amm btw is this a sandwich? or a squeeze?
what moving averages do you have what color is the 20?
Some quotes: jesse livermore
Don’t try to play the market all the time. It can’t be done, too tough on the
emotions.”
I believe that having the discipline to follow your rules is essential.[B] Without specific, clear, and
tested rules, speculators do not have any real chance of success.[/B] Why? Because speculators
without a plan are like a general without a strategy, and therefore without an actionable battle plan.
Speculators without a single clear plan can only act and react, act and react, to the slings and
arrows of stock market misfortune, until they are defeated.
Take your losses quickly and don’t brood about them
the stock market is never wrong. Traders are
wrong
i AM GETTING REALLY PISSED OF WITH EUR USD I AM SITTING WITH 25 PIPS PROFIT ON A BLINK THEN 19 PIPS PROFIT ON THE NEXT BLINK! tHE NEXT BLINK UP FLASHES 25 BLINK AGAIN AND NEVER BLINKS TO 26…MY ENTRY IS A SURE ONE AND I CANT LOOSE ON A STOP. BUT IF I TAKE THE 25 NOW I KNOW I WILL HAVE TO TAKE ANOTHER TRADE TO FESTER MY APPITITE FOR BAGGING PIPS. IF I WAIT IT MAY JUST TAKE UP AND BLINK 60 PIPS. IF I TAKE THE 25 NOW THE RESULT WILL BE THE SAME,
Live trade example just closed it …note how i entered trade one early on blc as there was momentum…and carried that momentum on entry 2 . Note how price was traped between the 13 and 20 on trade one…that plus momentum was all i needed to jump and pull the trigger. Note the candle tail on entry one. The bears could not pull the tail down to the red candle before it. Note the 20 Sma was pointing down then went flat Remember…Down to Flat = up or consolidation
yeah im wondering what moving average you use
is it a 200 Simple moving average "close"
or 200 EXponential moving average “CLose” ?
my settings on the chart is
the blue is 20 Simple moving average "close"
the red is 50 Simple moving average “close”
and the WHITe is 200 simple moving average “close”
though some of your videos are confusing me
it says there “How to Trade the 200 EMA Moving Average Part 1 - YouTube”
YOUR RIGHT…BUT I USE
all close
200 SMA 20 SMA 13 SMA…2 , 50, 100 sma sometimes for filtering purposes but the 200 20 and 13 are the bases for this type of trading
remember everyone about understanding the market mantioned in pre posts. and importance of sometimes a sq entry is gold and you do not want to let it go? see this chart usd cad
gah the screen shot is too small @_@
what u mean by SQ in the chart ?
How did you determine when to exit? Price has now dropped.
close to 261 ext fib
copy the chart to ur pc and expand it then u can see
but its pixelated >_< and i asked
on the screen shot i posted u didnt answer it yet
post your chart with your questions and ma tagged so i can send you back your chart with answers
thank you very very much, much appreciated thx :eek:
Sandwich is just another metaphor for a squeeze. A squeeze is a retracement (back to the 200ma), a BLC or a BSC is a continuation after a retracement (from the 20ma)
I like channels and am glad they are used here. It is tempting to enter at the edge of them instead of waiting for price to move through the 20ma for a SQZ play…or do you wait? Same Q for a BLC or BSC…?