It makes me want to then trigger a trailing stop up a little bit to start lock in a little profit, or to breakeven the trade idea sooner. Applying Technical Analysis: Tom Joseph - Practical Aplications of a Mechanical Trading System Using Simplified Elliott Wave Analysis: Tom Joseph - Practical Applications of a Mechanical Trading System (Russian) Tom Lydon & John F. Tom Joseph - Practical Aplications of a Mechanical Trading System Using Simplified Elliott Wave Analysis. It is my personal opinion that when both are broken, odds begin to improve in our favor more follow-through should happen for that setup. When both are broken, I start to breath just a little more freely, that maybe, just maybe that trade is going to work out. It is simply a way I would like to use for managing a trade setup after being in the trade. It is my observation that when both are broken, you can use the lower DMA to help with a trailing stop strategy of some kind. The only difference is I still watch for another confirmation of the other breakout technique to add another dimension to that setup. which is referred to in the Advanced GET manual, seminar video tapes, and demo disk. I was under the impression you would like a good Pearson rating of 91 or greater, not that it matters. I, therefore- based on my personality and personal preference- prefer a method of taking the best RTC OR 6/4 DMA Channels breakout just as defined in seminar video tapes, in the AGET Technical section, in the "Mechanical Trading System" book. In the seminar tapes Tom Joseph is quoted as saying use which ever provides the best entry for that Type 1 or 2. My previous statement was simply my own personal opinion to explain another idea that I find attractive when I am monitoring for a trade setup.īy nature I am an extremely cautious and overly careful person. His Honour Judge Thomas Joseph Quirk was born in Brisbane on 7 July. In addition, He teaches it is possible, if you wish, to cross-reference to a lower lever and possibly get a quicker crossover rather than wait, if you wish. Judge, District Court of Queensland (1983-2004). Tom says to take one or the other technique, whichever is best for that setup.
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I would still recommend to anyone out there take Tom's Joseph's advice, as defined in the seminar video tapes. Advanced GET User Guide Tom Joseph Free Download Advanced GET University Complete Video Seminar Series () Free Download Advanced GET. Google has many special features to help you find exactly what you're looking for. If that is what you think I said, I apologize, that is not what I meant. Search the world's information, including webpages, images, videos and more.
Originally posted by jkeech No, John, that is not what I would do. So you're saying that to enter a type 1 or type 2 trade, you'd wait til BOTH the 6/4 DMA and RTC were broken (either on your regular, or shorter time frame)?.