which timeframe u take your entry signals from ? Dly, 4hr or intraday ? if u trade intraday then is it 1hr entry signals ?
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SUMMARY: shorts rule in M+D & W+4hrs combo's
DislikedHi Sunshine just read through the thread and your strategy. thanks for all the teaching posts and charts. From your past trading experience and results:
1. can one trade only the combos(M+D,W1+H4 or D1+H1) alone without the trading the counter trends of D1, H4 or H1?
2. will the trading of the combo alone be profitable?
3. is it also possible(if yes) and how to trade the counter trends alone without the combo?Ignored
the 4hr chart: trading it as a stand-alone, no checking higher or lower tf's:
Dislikedhi Sunshine, you said euraud is short on monthly ,but the line chart was last broken UP {image}Ignored
clear now ? if not, then i apologise for my insufficient explanation and i will try again by way of a different route.
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Dislikedhello traders does anyone have some analysis or closed or open trades or anything else to share ? or would u like me to share some trade analysis and trade direction for the coming week ? if yes, which timeframe ?Ignored
Disliked{quote} Amazing trading but it would not be possible with me because I have 70 dollars left on my account so need to trade lower time frames however I have a question. How did you add positions? I don't see you added position according to closes of red candles :O Do you mind telling me what was your original account size that allows you trade this way? I see each trade has at least 100 pips stop-loss.Ignored
then i would recommend that once u found a method and strategy that fit your lifestyle and time AND that u really believe to start trading it
DislikedHi Sunshine,will need your assessment of my analysis,euraud monthly -daily is down,weekly is down,4hr has confirmed buy.EURJPY monthly-daily is down,weekly is down,4hr in ranging {image} {image}Ignored
...any suggestion & request from you or any other interested traders is welcome.
i think Pepperstone demo has a trial period of 30 days so if u want a continues month to month follow-on then we have to select a different broker that has a non-expiring demo...any suggestions ?
...or u can open a demo account of your choice then "pm" me the login & password...that way u have the investor password and can login and monitor along.
so what do u think ?
are there any other traders that wants their pair included ?
Disliked{quote} hi timilehin, correct. i see u are still a bit unsure , so i have decided to open a demo account and trade the Daily tf and post each days entry here so u can follow along effortless. also if my time permits i will show other reasons for entries. i cannot trade the 4hrs bcz i am not available when most 4hr bars close. i have decided: to open a demo account with Pepperstone unless u want me to use a different broker. trade only 1 (or 2 pairs ) exclusively unless more traders wants to follow along then each one of them can pick their own...Ignored
Disliked{quote} Sunshine that sounds a great idea and I will welcome seeing your trade management. Very helpfulIgnored
most entries should be when the daily bar of the selected trading platform closes but sometimes we may also enter positions during the day, especially after red news events or when maybe a favourable 4hr or 1hr bar give an entry signal...which basically means; the 1hr or 4hr tf's.
these entries will only be made if i'm present at that time when the lower tf's fire-off an entry.
DislikedHi sunshine, I would like to add also USD/JPY and maybe AUD/USD if this is possible?Ignored