DislikedHi Akolva Perhaps another time as this thread is not about my system. Hope you understand.Ignored
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5/6 candle swing low swing high Indicator 5 replies
Swing high / Swing low indictator+alert? 20 replies
Trading Swing by Swing 39 replies
Swing highs and swing lows 3 replies
swing high/swing low indicator and volume tic history 13 replies
DislikedBT, I'm in favor of your original method. Extreme deviation from that, may be polluting the focus of this thread. Not intended to discourage anyone from researching their own way of getting from A to B. Just asking all to be respectful of your basic set ups. I am interested in what you said in post #52. Hope you expand on that at some point.Ignored
DislikedHi Broketrader Do you have a strategy to re-enter like a new long now on the break upwards after consolidation or will you wait for the market to turn and look for a short as your next opportunity? I bought again now for instance, (I must say though that I did so with little confidence). {image}Ignored
DislikedHi All. Now on my 5th look at trades for 2019. One small help I've found, is if price is X# of pips away from on chart 100sma, and there is a trade set up, I would not take it. Example: Say price is 90 pips below 100sma, and you get a sell signal, I would not take it. In my current review, I'm seeing that any trades either 50ish above, or below, should not be taken, if they signal to continue in that direction. Current price has been over 80 pips above 100sma for a few days. I'm still researching this angle, so will update as needed.Ignored
Disliked...Observe also that the swing to generate the Buy signal is 80 pips large and very often, if not all the time, top and bottoms are tested as it was in this case and that means that in the case we had entered a trade here, we would have been in 80 pip loss and in this case we went even lower than that so it's important to be aware of that...Ignored
Disliked{quote} Hi Diamond, Regarding post #52, when I see MSRSI being at extremes, I just try to enter a trade to the opposite direction. It worked perfectly well on the first trade that I commented here, but not with the one today as you could see. My hypothesis for today was that the price would reverse as fast as it raised, that's also why I went heavy with 1 lot and then again with 0.6 lot, but as you know, it failed. From the beginning I was willing to risk $150, no more, and I somehow exited with about -120 so all OK. My "mental" hedge also, is that...Ignored
Disliked{quote} If you have exceeded your monthly target then you should be SOYH! No need to over trade. Great job btw.Ignored
Disliked{quote} Excuse my ignorance, could you first explain to me what SOYH! means ? And yes, it was a bit of over trading but doing it and the failure that followed forced me to search for a solution I think I now have, not forcibly better in terms of gain but certainly in terms of peace of mind. Thanks!Ignored