they should be only used as a guide only,
All price action moves can and do exceed their indicators limits all the time.
So don't fall in love with any of them folks.
5
Trying scalping with a 1000 bucks - Scalping is expensive! 39 replies
1M & 5M Scalping System (Scalping Paradise) 21 replies
How do hedges work actually? 15 replies
Metatrader 4 templates 0 replies
Loading Templates 2 replies
DislikedBullish divergence on M15 so fairly certain that we'll be going up sooner or later! {image}Ignored
Disliked{quote} then add your template to it in the lower time frame that you chooseIgnored
Disliked{quote} If you say "lower" time frame it sounds like you do also look at the higher time frame/s before placing your orders? Or do you just analyse and place your trades by what you see on the chart you look at, so if this is M5, Only looking at M5, place order, set SL, TP for M5 too. I feel hard to understand your strategy/charts. I did not download the introduction post template yet, but after looking at some of the charts you posted including those from post 1, i still don't see what the entry criteria for placing a trade should be? Is this only...Ignored
DislikedBad trade nowhere near as bad as bad bushfire (m8's house ) brings ya back to reality... .{image}Ignored
DislikedThanks BD , Yeh insured , but you cant replace "things" of time gone by ... all safe but obviously devestatedIgnored
Disliked{quote} Going only long if price is above the 200 MA, going short if its below. Okay. But what do you mean by only trading in the direction of the 20 SMA? For e.g if price is above 200 MA i would enter a BUY position. So even if the 20 SMA is going in the opposide direction of the 200 MA i would not open a SELL position because price still would be over the 200 MA. In conclusion i would alway only enter long if price is above 200 MA and short if its below. So i am not sure what role the 20 SMA would play here. The cross of 200 MA and 20 SMA gives...Ignored
DislikedThere are 3 different moving averages on your charts in post 1. But the indicators window opened on post 1 showing only 2 moving averages attached, so what now?Ignored
Disliked{quote} Hi Iddd, Moving averages are just a guide. The trades depends on your style. S/R, S/D, Pullbacks, Candle patterns, Breakout zones, etc ... Build your own style.Ignored
Disliked{quote} I would like to trade the london open only for a couple of hours (maybe until NY opens). Investing less time needed to make a living. At best where i only have to focus on one market. I tried different manual trading strategies over the years all with not much long term success. I even have more success with a stupid martin gale going profitable for already 5 years on complete auto pilot but i understand the risk and donīt want to do that with trading 1 Lot on a higher funded account So.... if anyone could help me with finding that "something"...Ignored