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Attachments: Daylight Trading Strategy
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Daylight Trading Strategy

UJ long.

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GJ H1.

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interesting situation - one hour chart - sell signal 3 bars ago, followed by buy signal - both sort of iffy - think I'll stay away -
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Quoting shotshell
interesting situation - one hour chart - sell signal 3 bars ago, followed by buy signal - both sort of iffy - think I'll stay away - {image}
Yes, definitely wise to avoid. Quite a few instruments displaying quite ugly price action today.
Quoting LauraT
UJ long. {image}
Did the exact same trade

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Plan, Prepare, Execute, Repeat
Oil long.

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Quoting LauraT
UJ long. {image}
Hi Laura, do you use the arrow indicator as a signal or do the arrows not matter. Asking this because my charts showed a lot of arrows while I only see one buy arrow in your chart.

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Quoting LauraT
{quote} Mr T makes an excellent point, which I want to expand upon. Although I said Daylight was more rules-based than Roadmap (which it is), there is still a lot to be gained from thinking in a Roadmap mindset. By that I mean seeing the overall picture and not basing the whole analysis on a single indication/indicator. As we progress, I will post more, and provide further examples, on how we can be flexible in our thinking and respond to what is unfolding, even if our indicators don't (yet) agree.
Thanks Laura. I have noticed a lot of "traders" fixate upon indicators, with something akin to binocular vision and lose sight of price action, its' levels and momentum. I have just had a couple of trades on Nasdaq today but spent most of the time waiting for price to show momentum or react to levels up to 4pm today. So a boring day/session compared to others but these chop sessions can inflict confidence sapping harm. I am Road mapping but just popped in to say "hello."
every Saint has a past. Every Sinner has a Future
Quoting needtolearn
{quote} Hi Laura, do you use the arrow indicator as a signal or do the arrows not matter. Asking this because my charts showed a lot of arrows while I only see one buy arrow in your chart. {image}
Hi,

I only have arrows showing for crosses of the -50 line.
Quoting turnip15
{quote} Thanks Laura. I have noticed a lot of "traders" fixate upon indicators, with something akin to binocular vision and lose sight of price action, its' levels and momentum. I have just had a couple of trades on Nasdaq today but spent most of the time waiting for price to show momentum or react to levels up to 4pm today. So a boring day/session compared to others but these chop sessions can inflict confidence sapping harm. I am Road mapping but just popped in to say "hello."
Hello!

Yes, knowing when to step aside is an art form in itself.
Nasdaq long. 15m.

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Dow long. 1m
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Took the same/similar trade on 1 min NAS100
Gold short, midline cross on M1. Target was daily pivot point (blue line). Could have stayed longer, but was happy with the profit especially after a good day.



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Previously I had also taken a gold short, midline cross at the PP level:

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EJ long.

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GU long.

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CJ long. Happy enough with profit but shame I missed the opportunity to exit on the spike in my favour.

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AUDJPY Long.......H1 aggressive mode......

-50 levels cross........rooted in massive Daylight trading........A genuine breakout is followed by a big, bold candle.



Happy trading

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Be Dumb and Follow Price
Quoting LauraT
GU long. {image}
Is this a bit too risky? The two MA in the Sub Window has already crossed when you take the trade? I know the red MA is still above the -50 line.
Jakepuia
Gold Short.... edit.. target hit.. well that was fast.
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