Finally after 2 years I've found a method that suits me!
simplicity always rocks...
hope to see more from you...
Thank you FX-Pro
simplicity always rocks...
hope to see more from you...
Thank you FX-Pro
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Hope this clears most of the confusion that you guys had in the weekend...
What Next....
People didn't even try this method and already want to add few indicator.Almost every thread is like this ,instead of learning and listening the creator of the thread who is willing to teach us how to make money.8/10 winners are great are really good with these,and R:R is also good in many trades.
Fx-pro said that he move SL to BE after +20 pips so it can be good sometimes even in bad markets to avoid loss.It is system about PA,so you all have to learn about support and resistance and patterns and good MM to be succesfull in this bussiness.
Fx-pro also said that he will teach us with live trades step by step so LISTEN HIM,few days, months to see how this method can help you to make money or move on.
REGARDS!
Fx-pro i've sent you PM
Dislikedi agree with what you said fx-pro especially with these the important thing when trading Forex is to make money. NO! The important thing is to NOT LOSE money!
[left]People didn't even try this method and already want to add few indicator.Almost every thread is like this ,instead of learning and listening the creator of the thread who is willing to teach us how to make money.8/10 winners are great are really good with these,and R:R is also good in many trades.
Fx-pro said that he move SL to BE after +20 pips so it can be good...Ignored
DislikedOk Here we go…
The Logic Behind this method….
- We are taking three days average as a main trend i.e... 72 EMA (1hr Each Bar = 72 Bars for three days) & will look for a trades on every pull back from the main trend. So we only trade in the direction of the trend
- The intraday trend 12EMA (1hr Each Bar = 12 Bars for the day) it will calculate the average over the past 12 hours and confirms that we are moving in the right direction for the day
[list=1][*][b]Finally The Price Action gives us the...
Ignored
DislikedPretty good profit on this trade! But why did you decide to close it now? There wasn't candle bar closing under the EMA12.
Thank you for all, we listen to you!Ignored
DislikedHere is the update for next week….
A/U has reached a key area both on weekly & Daily….
The price has reached the roof of the down trend on the weekly chart.
The daily chart closed with an inverted hammer on Friday, good if this turns to be a shooting star...
Keeping this in mind we are going to apply our method & look for the potential trades….
Cheers,
FX-ProIgnored
DislikedTime Frame…
1H
Indicators I Use
• HeikenAshi - Initially When I started I used it, However I’ve stopped using it now….. As I see the candle stick patterns are more than enough to enter/exit a trade….
• 72 EMA Closed – Average trend of three days (24*3)
• 12 EMA Closed – Average trend of the day (1*12)
• Supply/Demand – Place the Support/Resistance When You See them
• Round Number - Physiological Level is a market sentiment / a key level to watchIgnored
DislikedThis is quite similar to the way I trade. I believe it is one of the most powerful trading methods that you can find in this FF.
Mine is even simpler -- No heikinashi and only one EMA (200). But I swift TF between 1H and 4H to find more obvious entry points. Also I use my "hunch" a lot -- I mean I don't enter as much as I'm supposed to. In other words, if I don't like the size of candle (too small or too big), I don't enter. If I don't like the congestion/consolidation, I don't enter. If it is big news Fridays, I don't enter. and so on.
Anyway,...Ignored