Attachments: best close method

best close method

#501
Apr 13, 2024 4:12pm Apr 13, 2024 4:12pm

omaramir
Joined Dec 2018 | Status: Trader | 465 Posts

Quoting dimdel

Disliked

{image}

Ignored

Hi Dimdel ,

in this picture , I am confused for two things , level 0 -- 100 should be drawn between the two highs , or two lows , so I adjust them on the left setup for buy positon , is my understanding correct ,
second thing the entry level for buy position should be the higher low , you are saying this is the entry level for both positions? please clarify if my understanding is wrong

Regards, #

Attached Image(s) (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 14 KB

Click to Enlarge

Name: screenshot.png
Size: 16 KB

#502
Apr 13, 2024 4:22pm Apr 13, 2024 4:22pm

omaramir
Joined Dec 2018 | Status: Trader | 465 Posts

Quoting dimdel

Disliked

{image}

Ignored

Hi Dimdel ,

sorry for too many questions but I need to understand your strategy 100%.
in this picture , do you mean we can apply the strategy between any two highs provided is the new High is higher than previous high and they should not be immediately following each other?
in the picture I see you apply it between 1 and 2 in the picture please confirm

regards,

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 8 KB

#503
Edited 5:40am Apr 14, 2024 5:23am | Edited 5:40am

omaramir
Joined Dec 2018 | Status: Trader | 465 Posts

Quoting dimdel

Disliked

{image}

Ignored

hello Dimdel,
here I am lost , is it same strategy , I see arrow down ( sell ) where I expect buy , can you give them numbers and check for each one how decision was made ?
may be there is overlapping
I added a picture at which I gave numbers for each position and a number for each vertix ( high or low ) , can you please tell for each position what at the vertices included in the decision to make sell or buy ?
regards,

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 74 KB

#504
Apr 14, 2024 6:46am Apr 14, 2024 6:46am

dimdel
Joined Oct 2012 | Status: Trader | 2,561 Posts

hi omaramir
look the icon
there are 2 ways to trade with zigzag
1) followin the trend
2) reverse the trend

Attached Image (click to enlarge)

Click to Enlarge

Name: Στιγμιότυπο οθόνης 2024-04-14 144511.png
Size: 11 KB

#505
Apr 14, 2024 8:17am Apr 14, 2024 8:17am

omaramir
Joined Dec 2018 | Status: Trader | 465 Posts

Quoting dimdel

Disliked

hi omaramir look the icon there are 2 ways to trade with zigzag 1) followin the trend 2) reverse the trend {image}

Ignored

so your strategy is both directions : when we have low then LL , and price goes up fibo 100 you buy , but if price go down below fib 0 you sell ? this what you mean ?

#506
Apr 14, 2024 11:29am Apr 14, 2024 11:29am

dimdel
Joined Oct 2012 | Status: Trader | 2,561 Posts

Quoting omaramir

Disliked

{quote} so your strategy is both directions : when we have low then LL , and price goes up fibo 100 you buy , but if price go down below fib 0 you sell ? this what you mean ?

Ignored

in any case
0% = SL
100%= entry
200%= TP

#507
Apr 14, 2024 11:47am Apr 14, 2024 11:47am

omaramir
Joined Dec 2018 | Status: Trader | 465 Posts

Quoting dimdel

Disliked

{quote} in any case 0% = SL 100%= entry 200%= TP

Ignored

This is clear , but I understand from the post 156 and next and from post 1 , you are trading against the trend.

to trade with the zigzag trend , this is new I discovered late or you updated/improved your strategy recently

Regards,

#508
Apr 14, 2024 12:39pm Apr 14, 2024 12:39pm

dimdel
Joined Oct 2012 | Status: Trader | 2,561 Posts

Quoting omaramir

Disliked

{quote} This is clear , but I understand from the post 156 and next and from post 1 , you are trading against the trend. to trade with the zigzag trend , this is new I discovered late or you updated/improved your strategy recently Regards,

Ignored

ok let me clear the things

1.here I share some subscription ideas,
2.please don't follow my trading profile or strategy
3.you get any strategy and if it works, then you adapt it to you
4. if you read carefully you will get the way.

#509
Apr 14, 2024 1:06pm Apr 14, 2024 1:06pm

omaramir
Joined Dec 2018 | Status: Trader | 465 Posts

Quoting dimdel

Disliked

{quote} ok let me clear the things 1.here I share some subscription ideas, 2.please don't follow my trading profile or strategy 3.you get any strategy and if it works, then you adapt it to you 4. if you read carefully you will get the way.

Ignored

OK , Thank you , very clear , thanks for sharing everything.

#510
Apr 16, 2024 7:17pm Apr 16, 2024 7:17pm

DwnUndrTrdr
| Joined Oct 2023 | Status: Trader | 1,143 Posts | Online Now

Quoting dimdel

Disliked

{quote} in any case 0% = SL 100%= entry 200%= TP

Ignored

dimdel, the 161 fib is a good first target, taking 1/2 position off at 161 and letting other 1/2 run with trailing stop.
exits are always the hardest part in any trade.

#511
Apr 21, 2024 1:18am Apr 21, 2024 1:18am

dimdel
Joined Oct 2012 | Status: Trader | 2,561 Posts

Quoting DwnUndrTrdr

Disliked

{quote} dimdel, the 161 fib is a good first target, taking 1/2 position off at 161 and letting other 1/2 run with trailing stop. exits are always the hardest part in any trade.

Ignored

hi
excactly
the MM is sometimes more important than following strategy