The problem with 5 and 1 minute tf is that its hard to find the good entry..
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DislikedThe problem with 5 and 1 minute tf is that its hard to find the good entry..Ignored
Disliked{quote} actually what you are using is OSMA. each time frame has it's own waves. yes waves count over when cross over zero. however, you can also use htf m60 as filter. it showed osma above zero. other ways are looking at osma divergence and trend line cross. {image}Ignored
Disliked{quote} Thanks for the reply, Inthebox. Yes, I now see that by using the htf as a filter I could have seen that the entry I took was a weak one. Well, I can use that information going forward to select stronger entries.Ignored
Disliked{quote} since we have build up a rapport, one more thing to help you. go download this https://www.forexfactory.com/showthr...5#post12148555Ignored
Disliked{quote} Thanks for sharing the dashboard, Inthebox. I set it up and used it for this morning's NY am session. What can I say? It's my first winning trade in a long time! I think I'm going to enjoy trading again - I really appreciate your input, Inthebox. Cheers, pipShine {image}Ignored
Dislikedsome serious stuff for you to think about. go to any thread here in FF. have you ever wonder why some are able to apply the particular method well, whereas some are not able to? those who do not have any success will leave the thread and go on hunting for another system. this will become a cycle. to tell you the truth, if you apply only the particular method in a thread wholesale, you will become rather disappointed with some hits and misses inconsistencies. what is the missing link? the missing link is in your knowledge of the basic foundation...Ignored
DislikedHi, I found a really nice set-up and breakout on the AudUsd H1. Price started off very strong but then faded - it just didn't have the legs to go the distance. Anyway, I was able to move my stoploss to breakeven (plus one pip) so no damage was done. I really like trading this system - it is simple yet effective. Cheers, pipShine {image} {image}Ignored
DislikedHi, I found a really nice set-up and breakout on the AudUsd H1. Price started off very strong but then faded - it just didn't have the legs to go the distance. Anyway, I was able to move my stoploss to breakeven (plus one pip) so no damage was done. I really like trading this system - it is simple yet effective. Cheers, pipShine {image} {image}Ignored
Disliked{quote} considering the time of day which was london close, maybe could have gone down to 5 min for smaller profit? broke out, a small retrace, cci aligned, maybe rr 1:1.5. {image}Ignored
Disliked{quote} hey pipShine, yesterday you had a good entry at 15M chart on AUDUSD and if you look at the 4H chart you have a resistance.. {image} {image}Ignored
Disliked{quote} That's a good catch, benjamin89, I didn't see that one. I find resistance levels frustrating - so I just consider yesterday's high/low, round numbers and very obvious levels one or two time frames up. Otherwise I feel overwhelmed and wouldn't ever take a trade.Ignored