James16+Rayanmcd(Jan kone) and ME 7 replies
DislikedWas Away from desk... Noticed good setups formations in EUR/USD and GBP/USD in 15 Min Chart {image} {image}Ignored
Disliked{quote} I see e/u signal but being flat = no trade this, think it's very danger. {image}Ignored
Disliked{quote} Slowly once we start to have more hits like 3R and 4R, eventually the fear to take trade will vanish... I remember what Ryanmcd said "50% of the time I am wrong in taking trades but the R:R ratio is what matters at the end". In his trades, it can be seen that he was consistently able to get 4R ...Ignored
DislikedI use simple rules, may be anyone give it for you 1) 10 pip = 1 % on real. 2) Trade only A+++ signals ( trend+ MA+BB + nice PB or harami). NO TRADE PB FROM FLAT IF RR LESS THAN 1:4. 3) I trade e/u, e/j, u/j and a/u. 4 pair total. 4) Use targets for pair eur/usd = 20 pip m5/m15 eur/jpy = 40 pip m5/m15 usd/jpy = 30-40 pip m5/m15 aud/usd = 30 pip m5/m15 5) Best trade - retest ma/middle bb with Nice pin ( can use div too) . ONLY WITH TREND, IT's GREAT RULES! Example from Jankone chart - it's ideal posotion, have 95% sucess rate here. {image}Ignored
Disliked{quote} What do you mean by "NO TRADE PB FROM FLAT IF RR LESS THAN 1:4"Ignored
DislikedThought points... Jankone trades are all purely on PB but Ryanmcd trades include PB + Engulfing Bar + Spikes or whatever the setup that gives a clue on flowing with the trend as what he mentions in his document "I like to see a move that shows me it is going to stick with the trend, if it is a PB, or a engulfing bar or a spike, just something. If I don't get it I may take it but I like to have something else on my side with the trend. " Interesting observation from Ryanmcd related to PB and countertrend.. "PB's for me seem to work best when...Ignored
Disliked{quote} I mean what flat need trade from low to high. If you have PB in flat with sl 5 pip and all range flat = 10 pip , you not have potencial 1:4 rr = no trade. If range flat 30 pip and sl from pb on low = 5 pip,you have potential 1:6 rr = can trade this.Ignored
DislikedPerhaps We need to adjust our expectations R:R depending on the Slope of the trend.. Today observed interesting thing in AUS/USD 5 MIN.. Experts please share your thoughts on this.. when steep slope 45-60 degree ... can look for 1:4 or 1:3 when mild slope 20-30 degree .. can look for 1:2 or 1.5 {image}Ignored
Disliked{quote} It's absolutley true. Ih have 30% i have +1 pip often, if 45-60% can big chance on profit target ( 20-40 pip on different pair). Slope can see us strong trend or poor trend. But with strong trend we often can't open order, because price not retesting Ma/BB Example today 45% slope e/u = not signals with retest for us and e/j very strong slope = no chance for sell it here. Trend going without us) If slope less than 20-25% = flat, no trade ( danger, no A+++ signals) {image} {image}Ignored
Disliked{quote} price not re-testing MA/BB.. Yes when price is moving fast, it doesn't want to HUG BB. Actually in the morning only I have similar observation and taken some screenshots on how to trade these BreakOuts or Sharp BB changing Direction.... This is not tested so didn;t share.... anyway have a look and Enjoy.. {image} {image} {image} {image}Ignored