I am looking for an indicator to be coded - it should be pretty simple, but have a quick question before I post. Is it possible to create an indicator on say a 15 min chart: This woudl be for a one candle indicator where it meets certain crfiteria ...

First week results week ending 21/02/2020 EURUSD W L 2% won GBPUSD W, BE, L, W 6% won USDJPY W, L, BE, L 0% won AUDUSD W 4% won USDCAD, BE, BE, W 4% won Some teething, but I am looking to risk 2% per trade of the weekly starting balance. As it was, ...

As per the rules, this was invalidated... follow the rules and you would not have bought...

Thanks for your contribution. I think you may be right. I think the purpose of this thread is to show directional bias not trade management. The trading bit is more to show that price went where it was supposed to go, not if the trade is managed ...

GBPUSD subsequently went to full TP.

GBPUSD taken out a BE AUDUSD did not respect the support level, taken out at 7 pips. For the AUDUSD trade we can do one of two things, see if we get a green candle, which would give us another entry. There is a 15 in trend line and support level, or ...

Dico, I am afraid, you are not contributing. This is not a discussion about whether your opinion is right or wrong. You have not even attempted to read the thread, or even tried to grasp the simple point of it. the 'colours' are simply ...

no one is saying that trend lines are not broken. And no one is saying that S/R lines are never broken. No one is saying that you never have losing trades, and no one is saying that what you have stated is incorrect. What I am saying is that taking ...

OK, so want to stress that this is not the usual account I trade off, as you can see the Spread on this account is really quite big... But to give some examples of trades. 2 have just triggered. One on the GBPUSD and one on the AUSUSD I am expecting ...

1. Support from the H1. Buy at the first green candle. Price has respected the support lines 2 Buy because of teh Trend up. The sell seems to be low because the green candle breaks trough the resistance. The last swings from the resistance couldnt ...

Thanks for the input. However to the 'newbies', I think what he meant was 'HE could not win'. I think it is really important to point out that this is someone who has not tried, there is no effort, no hard work applied. This is where champions are ...

USDCAD Study. I think you should be able to work out why and where the trades were entered...

I believe that they are just as relevant for using as support and resistance, however I would use them more as a guide to stay out of a trade rather than using them to enter a trade. I would definitely use them to exit a trade though. I don't really ...

Having a look at the GBPUSD chart. 1) Price RESPECTED SL 5 TP 17 2) Price RESPECTED SL 6 TP 16 3) price RESPECTED SL 4 TP 18 4- 7) Price RESPECTED TOTAL SL 27 pips TOTAL TP 65 (these are all the trades combined... far easier!) 8) Price respected the ...

Hmmm not sure what I did there... but don't want to rewrite the above post so I will continue here! #2) This is an area where price is RESPECTING the resistance level. You can do one of three things here (Just for clarity, the second candle of the ...

We expect price to respect support and resistance. I think this is pretty much universally accepted, and we will base the following explanations on this premise. #1) Price has NOT respected support and resistance. It has broken through this area, so ...

OK, drive over, and waiting to go in.. SO entry rules. I treat price a bit like a petulant child. Most of the time it is behaves well enough... you can quite happily walk down the street and the kid holds your hand, and it is plain sailing. For no ...

Once you have filled in all the points... you get to zoom in and have a look at your handy work. Your first job is to have a look and see how price reacted at all these levels... run back through your charts and have a look. I need to go for a drive ...

Then, shock horror.... Do the same with the 15 minute time frame. Repeat the exercise in gold. Your final chart should look something like this: It is really important to do this from a fully zoomed out position, as it helps to filter the noise. WE ...