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-   -   Long sailing - System to trade only the long side (https://www.forexfactory.com/showthread.php?t=896412)

MichaelSch Mar 14, 2019 2:49pm | Post# 1

Long sailing - System to trade only the long side
 
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Guideline:

If you have nothing else to do and if you mean, you can discredit me and other member in this thread. If you post useless informations/links/pictures only to have something to post. If you think you can flood this thread with mad behaviour. If you all this want or a piece from it, i set you to ignore WITHOUT any reaction from me! Keep this in mind from the very first post.

This is no place for saboteurs. Be warned!!!

Respect eachother and post in a positive way.
I must not change anything in this system and if you think to add countless indicators and filters, do it for yourself and keep it away from here! If you not sure if your comment is suiting my guideline, please message me BEFORE you post it. If you to fast posting and you not wanted to destroy this thread, i can not know it and must fast react to mad posts to keep thread free from garbage. Please keep this in mind.


... some words before ...

I do not know if this is present or something in past was post. My english is not good and i know about it.

... System ...

We want with this system trade only LONG. Why we do this?

It is because down moves are panic!

The moves down are fast and not so calm, as the LONG moves behave.
I do not know why this is so, but this is something i have notice now for long time.

In this system i trade more intraday and i have no clue if this will be work in larger timeframes.

I look for a calm moving up in M5. I use the EMA 20 to have a visible easy way to spot a good move.
After that i look what is price making in M1. Now i wait for a "Panic" move and the reaction in form as the "Recovery" move. Also we can see a "Rest" zone, but this is not every time. Sometimes price can fast tune in the up move again.

I enter if price is going above the high of the "Recovery" move. Why i name this so? It is because you will see some candles moving down, sometimes visible fast and after this came the sharp reaction price moving up within one candle. Also you can see this in the "Rest" zone, price is nearly staying at one level, price is pushing down, but can not manage to go under the zone and we see the "Recovery" move.
I note that this is more clear and calm if we going long. Price is not so hectic as in down moves.

The EMA 20 is ONLY to got a visisble overview and is no entry desicion.

Have a look ...

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Anusragger Mar 15, 2019 11:31am | Post# 2

Nutcase

MichaelSch Mar 15, 2019 2:06pm | Post# 3

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... nice move up in M5

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... now switching to M1 and wait for "Panic" move and "Recovery" move ...

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... and see, we got the nice entry

MichaelSch Mar 19, 2019 1:38pm | Post# 4

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MichaelSch Apr 24, 2019 2:07pm | Post# 5

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Not much time to scalp, but it work ... look here. Example from GBPUSD today.

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Sesamstrasse Apr 24, 2019 2:48pm | Post# 6

Viel Erfolg mit deinem thread.

Subscribed.

MichaelSch Sep 9, 2019 12:53pm | Post# 7

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Today no time for monotoring something, but is working good. See eurusd today. Only patience is need to wait for calm move up.

M5

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M1

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MichaelSch Sep 11, 2019 12:33pm | Post# 8

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M5


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M1

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M1 next entry

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... i have no time to scalp, but i show you that this work good.

MichaelSch Sep 12, 2019 1:48pm | Post# 9

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Also today a setup i found, have look.

M5

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M1

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Calm and wait for price is coming to your entry model.Do not hunt after price and fire up trades that not suit your plan.

MichaelSch Sep 13, 2019 4:57am | Post# 10

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Nearly every day you can get pips after this entry model. I show only eurusd, no clue how this work with other pairs.

M5

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M1

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Sometimes is not so easy to see and need practice.

MichaelSch Sep 13, 2019 6:42am | Post# 11

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Another one...

M5

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M1

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MichaelSch Sep 15, 2019 2:49pm | Post# 12

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A hint if you get method and will deeper finetune.

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In context this for sure powerful.

MichaelSch Sep 16, 2019 11:54am | Post# 13

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Today i show you the power of watching momentum. I know this not what thread is about, but can be part of it. Eventually i keep this for a new thread or move further examples in my german talking thread, imust think about.For you the guidline is active and if you post keep this mind. As thread starter i can make this, you not!

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MichaelSch Sep 17, 2019 10:26am | Post# 14

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Power of momentum ...

1. No down momentum short behind daily open see point 3.
2. Momentum up and follow through daily open.
3. Daily open line is a good spot, also have a look at high and low from previous day. Daily pivot can be further good spots.

This is last time i make this avaible in this thread, you can folllow more examples in my other thread.

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MichaelSch Sep 17, 2019 2:17pm | Post# 15

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MichaelSch Sep 18, 2019 12:12pm | Post# 16

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MichaelSch Sep 18, 2019 1:43pm | Post# 17

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For more speed, i now use some shortcuts.

Dol ... daily openline
PM ... Panic move
DM ... Down momentum
NDM ... No down momentum any more
UM ... Up momentum
RZ ... Rest zone

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MichaelSch Sep 19, 2019 8:49am | Post# 18

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I am not home and make this with phone. Look M1 for momentum and breaking it again. I think if you follow my last posts you get it.

MichaelSch Sep 19, 2019 1:32pm | Post# 19

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MichaelSch Sep 19, 2019 2:35pm | Post# 20

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