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- melloyello replied Jan 15, 2024
Violated my rules.... I hope someone took advantage of this quick bearish hit to the downside. No good for this trader.
- melloyello replied Jan 15, 2024
I use alerts on everything I trade. EG last week doesn't move much, but 2:1 I'll take all day long and I had 4 hours to get in on this one. The H4 gave plenty of separation between MA and price. I trade the H1, I have a life. Use them alerts, ...
- melloyello replied Jan 15, 2024
I have 3 templates that indicate hidden divergence. I do have a teaser entry on this now, but I do not expect it survive the day's close. I plan to re-enter this in Asia. I will use a PO a couple hours after NY close. Beware the spread on this one.
- melloyello replied Jan 12, 2024
New rules for '24. I wait a minimum of 30 minutes at session open to do anything. I give myself 2.5 hours to find an opportunity. I still trade Hidden Divergence. Moving Averages lag. Indicators lag. There are indicators that will predict ...
- melloyello replied Jan 12, 2024
WOULD YOU TRADE THIS? Sometimes you just gotta trash the indicators and hope for the best. Indictors indicate and nothing more. I use a few. These days I trade the H1 and the m1. One the candle has painted, the MM have the orders they seek, or so ...
- melloyello replied Sep 14, 2023
1800 is my cutoff window for executing. When the 14 does a zero line reject, I look for daylight. This one had good daylight. I love simplicity. I am not a rocket scientist. When a trader replies on too many complexities, getting stopped out makes ...
- melloyello replied Sep 14, 2023
GBPJPY is one of our most volatile pairs. Is this one of many reasons so many are heading to gold? Remember, this is a weekly chart. Reno
- melloyello replied Sep 12, 2023
3 winners at NYC. My GU closed at exactly the 50% fib level, yay. I'm still in the trade with an adjusted stop for the 5 o'clock rush and the best of all, there's a hidden divergence on the H1. I did add a position earlier, I lost on that one ...
- melloyello replied Sep 12, 2023
Don't ya love waking up and finding that you're still in a trade? Hope everyone is bagging lots of pips! Reno
- melloyello replied Sep 12, 2023
I'm gonna give myself a tiny bit of credit for surviving two big stop hunts. Almost nap time. ZZZZ
- melloyello replied Sep 11, 2023
GBP/USD hidden divergence on the H4, checked the fan, thumbs up. Plotted extension on the H1, trendline on the M15. This will last awhile if I am to bag serious pips. My stop is double the hourly ATR, slight error there. We shall wait and see, ...
- melloyello replied Sep 11, 2023
This is what I trade. I did not take this trade. This trade would have bagged in excess of 4R. Just a glance and you will notice even a hidden divergence on the 50 CCI. Enjoy, Reno
- melloyello replied Sep 11, 2023
After a 76 pip gap, I figured it might want to descend a bit more. I waited for my "M" formation and the 14 to help out a bit. I try to hang on until the 50 returns to -100. I took some risk off at 1:1. Happy Monday everyone!
- melloyello replied Aug 10, 2023
image I still trade the H1. I still try to stick to hidden divergence and regular divergence trades. This is the first trade I've taken in a year. The trigger happened during the Sydney session, I entered hours later. I decided to go for 1:1. It ...
- melloyello replied Mar 27, 2022
I took 6 trades last week, 2 were losers. I've decided to post a 5 minute chart to aid with settings. I don't think my settings are that big of a deal. Everything on this chart is set to HLC/3. That would include the indicators and the moving ...
- melloyello replied Mar 25, 2022
Got in on the Loonie way too late, but I got my daily quota. I should have stayed with it as you can see. Everyone have a great weekend. Happy Trading Reno
- melloyello replied Mar 23, 2022
Certainly not the sexiest trade, but if it generates pips, I'm in. All my rules were met. Short the EURUSD 1H. Greetings one and all. Reno
- melloyello replied Mar 23, 2022
Netted a super cool 2% super quick on this HS formation. Explosive move, took a pause at a nearby support level.
- melloyello replied Mar 17, 2022
I certainly hope I'm not the only trader that enjoyed the KIWI long trade today?
- melloyello replied Mar 14, 2022
Good Morning Traders, Feeling hopefully optimistic about this one AUDNZD on the 15m. Go team go! I may trade 15m on Mondays. Greetings Reno