I see in 1H and 5M a kind of H&S.
I think we will have a fast down move soon.
Id like to have experts opinions....
I think we will have a fast down move soon.
Id like to have experts opinions....
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DislikedThis was the first time I have tried entering in on the 1 min based on an overbought 5 min and the change of the fast trix from green to red...
Worked out well...
Scaling out of the positions (4 times) I banked 15 pips on a 40 pip move with 1 lot....
Only, I shouldn't have exited at S1...I thought for sure it would bounce and I exited....
Not bad...
Thanks for the advice on the setups...Ignored
DislikedGood job Cashmeer!
These trades were on your 1 min, do you have a 5 min chart for these trades too?
EDIT: The reason I ask is that I notice the setup on the 1 minute turns out better when one or both the the TRIX on the 5 minute are the same color as the TRIX on the 1 Minute. I have been observing great setups on the 1 minute when the fast TRIX on the 5 minute is say, red - I look for a short on the 1 minute. When both the fast and slow TRIX on the 5 minute are red, the 1 minute short setup are even better (less risky).Ignored
DislikedGood job Cashmeer!
These trades were on your 1 min, do you have a 5 min chart for these trades too?
EDIT: The reason I ask is that I notice the setup on the 1 minute turns out better when one or both the the TRIX on the 5 minute are the same color as the TRIX on the 1 Minute. I have been observing great setups on the 1 minute when the fast TRIX on the 5 minute is say, red - I look for a short on the 1 minute. When both the fast and slow TRIX on the 5 minute are red, the 1 minute short setup are even better (less risky).Ignored
DislikedLet me get this straight. Do you mean to say, would I take a 5 min trade based on a 15 min overbought situation? If so, I think Doblece would be better to answer as she is more proficient than me overall and in the 15 min specifically.
Just in case...in my post, the first chart is the 5 min chart...so by the time I was fully into the 1 min trade, the next candle on the 5 min was showing fast and slow red trix and, obviously, the 1 min then was all red...
is that what you mean? Sorry if I am not being clear...Ignored
DislikedYES, I experience the same, remember I started testing this from the M1 on and Cobra named me the crazy Dutchman (which I will carry with pride, LOL)Ignored
DislikedI looked at your charts again and did not notice you had actually posted the 5 minute.
I have been in search of a good filter that would help me pinpoint the right entries on the 1 minute chart without having to do a lot of technical analysis such trend lines, divergence, and other tasks.
I simply noticed a great thing with the new TRIX indicators.
[size=3][font=Calibri]When the fast TRIX on the 5 minute turns red, I begin looking for the perfect setup on the 1 minute...Ignored
DislikedPlease let me know how to make the divergence indicator display properply. I have attached screenshot, all lines are displaying flat at the bottom of my screen.
Thanks for all reply in advance.Ignored
DislikedYES, me !!!!!
Hit Rate, 99%
but I need to add:
I also watch my Pip Range Bar Charts, and THOSE are the heart of my trading style.
There I can see when the entry will be the safest and how long I can stay in a trade.
The matter is this guys:
we are all manipulated by these brokers that claim time based platforms are IT, but they don't want us to make too many pips, which we would do a lot easier AWAY from their charts, as remember what Cobra has been telling on and on...................it is ALL about price action, (that means, NOT time action)...Ignored
DislikedStill making pips, but would be happier if soon we get an updated tpl in the first post.Ignored