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Big thanks to Sharky for his generosity regarding his time and his knowledge that he willingly shares with us. Its amazing how you can look at different charts using what Sharky has shared and see where your entries should be. What I am curious about is...has anyone yet used the Market Analyzer with Sharky's trading system to alert of possible trades. See the attached charts......I am very interested if someone is already doing this...thanks in advance!!!!
Fesx, do you currently trade with your attached chart set-up, particularly the rules as they relate to the 36 EMA (this seems to be a new rule, sort of). If you do, has it been profitable; and would you recommend it ?
Lolu, I saw this setup of Sharky's on another post ....haven't had the time to play around with the settings....who knows if one can tweak it to get a few more trades out of the day..this setup makes money everyday..."if it ain't broke why try fixin it!!!!!!" I will say...this is a more conservative approach to his setups using a the moving average to decide the direction of your trades. This set up in my opinion will equate to a higher winning percentage of trades. There are definately other very profitable ways to trade this set up without the longer period moving average.
Sharky,
First and foremost, my sincere thanks for your hard work and dedication to helping fellow traders triumph against “the man”.
Being in the central time zone myself should your above post be taken as you “sitting out” the first 10 minutes of the session?
Do you take trades outside of sessions hours based on your setups?
i just need to see what the market is doing if its moving i jump in if its consolidation i draw a support line and a ressistance line and trade the break out so it just depends...sharky
so i have a new combonation indicator set up for you guys ive been playing with it all week,if you guy would try it out and post your comments it would help me in the future with better settings ect ect.... buy when the green first breaks above the blue and wait for next set up sell when red breaks below blue and wait for next setup,just play with it and see whats best for you but the blue will keep you out of most of the chop...sharky
Hi Sharky
great job and work congratulation.
I was abroad and lost the red line for your classroom
Can you post here again the indicators and template
Thx in advance
Ganymed
and guys if you dont want to use the macd for the center line you can use the eco new 2 center line but its not as dark but it does the same thing...sharky
