Thread: SAFE - KISS

Originally Posted by ;

UJ appears set to head North. image

Hi Ralffe
Having been following your thread for a month or so and love this method. I have always adored lines and tendencies but not knew when to enter or exit. So much although will keep practicing my profits have increased. Thank you for sharing your knowledge.

Originally Posted by ;

Forex trading might be something complex or easy, it's different for every person. A profitable system from someone doesn't mean it could be profitable for someone else. Many people today say price action is much better rather than relying on many indior, but not many individuals understand how to use price action. There's nothing exact in FX trading, to be honest after years learning FX I'm still not having a good system which suitable and can generate consistent profit but I do believe someday. Anyhow,...

It is a bit hard to tell, are H4 TR the beginning one? If so they seem a little steep for me. The D1 line I can't talk on since it's on a H4 Chart. Now I can state based on how competitive you need to be may have an affect on the way and where you put your TRs. Without looking at complete bias ching waves will cause some outs. In the example you're showing, you might have wanted to stay out of any long positions as price is obviously having trouble with the 107.00 area. I would wait to state if price comes down more, maybe retesting last swing low, then shing my TL to that swing high. Gives you more breathing room.

You must take a look at the entire picture when entering a trade, not trading since the market crossed a line.

- Ric

Originally Posted by ;

quote It is a bit hard to tell, are H4 TR the beginning one? If so they look a little steep for me. The D1 lineup I can't speak on since it's on a H4 Chart. Today I can say depending on how aggressive you need to be may have an affect on how and where you place your TRs. Catching waves without even looking at prejudice will cause some outs. In case you're showing, you may have wanted to stay from any long positions as price is obviously having difficulty with all the 107.00 area. I'd wait to say if price boils down more, possibly...

Thanks Ric to your advise

This is Ralffes chart from post 165. Can somebody please explain the first line we did not take a transaction involving the 2 redlines please ?

Thank You

Best regards

Originally Posted by ;

This is Ralffes chart from article 165. Can somebody please explain the first line we didn't take a transaction involving the 2 redlines please ? Thank You Best regards image

Well because in that time the green line has been higher up on the chart. As the candles for each evening form the green line moving on the peak of each wave because the markets in this case move. Nonetheless, it is extremely subjective. You might make the argument that there was a wave and that the green line must have transferred which could have finished in an entrance after, but that tide was little and the lineup could have been steep. Even though the line that was next was steep but he apparently took the transaction and then two more lines afterwards theres hardly a tide but yet it might have been entered.

The thing about the system and the way rallfe trades it is extremely subjective. As is the case with every system on this. 1 individual may be able to be profitable but another individual might not on the same system. The fact is if you observe a system such as a robot you will not make money since no system works 0 automated. You need to take a system and use it as a guide line and use your own intuition for the rest. That is why money can be made by rallfe on this system and many of use cant. If you see rallfes movies youll see that he doesnt follow the machine like a robot. From the movies he must have taken losses however he clarifies why he didnt. I call that intuition. You need to find the system that best suits your own intuition.

With that being said I hope everyone had jumped on that USD JPY long variant a few days ago. Rallfe gave us a heads up on.

Interesting thread and system Ralffe.

Only finished reading up this week and I will add my thoughts on trades. . .looking ahead to critiques.

Originally Posted by ;

quote Well because in that point the green line was high on the chart. As the candles to get every day type the line moving on the top of every wave as the markets in this instance move lower. Nonetheless, it's extremely subjective. You could make the argument that there was a small tide and that the line must have moved which would have ended within an entry after, but that wave was small and the lineup would have been steep. Even though the upcoming green line was steep but he apparently took the trade and then two more...

Thank It was a fantastic answear. Perhaps it will develop more with experience, and try to stay safe better later in the trade then enter a fakout. And examine the waves the line moves to.


Best regards

Hi newb here,

Don't know whether this is relevant or not but we have to avoid to draw extreme trendlines, right?

And isn't that a bit subjective since you can control your chart (with cursor in the ideal side) to make it more flat and, with that action, make your trendline somewhat steep?

Nevertheless .... interesting concept!!

Regards

Originally Posted by ;

~~And is not that somewhat subjective as you are able to control your chart (with cursor in the right side) to make it even more horizontal and, with that activity, make your trendline less steep?

Yes. So to me this way, steep in relation I've drawn on the chart. Or you may set up the incline of your chart by simply copying off among Ralffe's.

Originally Posted by ;

Hi newb here, Do not know whether this is relevant or not but we have to avoid to draw exorbitant trendlines, right? And is not that somewhat subjective since you are able to control your chart (with cursor in the right side) to make it more flat and, with that activity, make your trendline somewhat steep? Nevertheless .... interesting concept!! Regards

Yes steep is quite subjective and steep for one person might not be steep for someone else. You've got to use your intuition to draw on the lines. Keep in mind that the you draw on a line the more likely youll get break outs that are false. The flatter you draw on the line the more likely youll get split outs as well. Generally I like to use the default option MT4 sized scale chart and zoom in and outside to draw lines. I believe the scale is at maximum by default.