Disliked{quote} Sure a lot of traders were painters in another live ... {image}Ignored
Trading like a Simple-Minded Gambler 5 replies
NITRO Variations for Open-minded Traders 290 replies
The Absent Minded Investor - Adventurous Forex Trading Tales 32 replies
DislikedThanks for posting your indis and template - however, I loaded the template and in comparing with some of the screen shots you have put up, I don't understand which one is the HAC. Can you maybe put up a screen shot with labels of the lines? I only see red and green lines on the main chart; in the second indicator window is the RAC along with thin red line for RSI. {image}Ignored
DislikedAUDUSD Update: Ok, after this pair hit the 3x target it set up for a short on M15 and then on H1. The 3x on H1 is marked on the H4 chart, which is very close to the lows on D1. There were many bars between the M15 setup and the H1 however. Once again, expect some counter trend reactions on the way down. It's likely not going straight there. It might do something strange like that, but it's not likely. Now, if you also think about what this means in the context of D1, consider what a double-bottom looks like. They're pretty ragged, right? Seldom...Ignored
DislikedHi Almuten, thank you for your time in showing us your trading method. Just a question if I may. If we just look at the one time frame, like the 1 hour, and see that the price has crossed the red and the green line both at the same time, then it is a good trade, but if the red and green line is far away from each other then stay away? Is that right?Ignored
Disliked{quote} What you said about the wave structures aligning themselves cannot be understated. As when they do align themselves they can be extremely powerful. I often refer to a setup in Tradingview for that very same concept. {image}Ignored
Disliked{quote} Hey Crypto! I appreciate you posting this. I worked quite a lot with the TDI, actually. I contemplated using it with this method but the goal was to eliminate as many distractions as possible so, sadly, it had to go. There were also other elements that I wanted a method to address that merely knowing when to execute a trade does not. Risk to reward was one of the biggest concerns. Knowing where the most likely profit target is (and I think this is proving itself pretty well so far), is important in that respect. At least it has a built-in...Ignored
DislikedUSDJPY - Update Currently there's an M15-M1 long setup in progress right now. It meets all the criteria, except maybe the M5-M15 disparity is a little high (11 bars or so)...but that's not what I wanted to talk about. Observe the H1 chart on the far right. The green HAC is 65 pips from the red HAC on M15, which is a pretty big space between them. I marked this on the chart below. Also, I've marked the 3x target for M15, which happens to correspond with the current location of the H1 HAC line. If it does go there, it will be a labored effort. {image}...Ignored