Hi everyone, here is my first trade with this system:
15M - Touch of 50/35
1H - Touch of 35 SMA
15M - Touch of 50/35
1H - Touch of 35 SMA
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DislikedWhen the M15 10EMA has been touched once, I usually avoid taking the same ride. So next for me is H1 10 or M15 35, whichever comes first.Ignored
Dislikedthank you combatants for compliments!
thx kostas, the M15 35 looks really to be a good confluence with H1 10
due to my daily target already reached i will trade only 1/3-1/2 for the rest of the day.
this keeps me learning AND the risk for the day is already reduced.
i am getting better and better everyday, i can feel it.
i am still not making lots of money with this style, but moving away from a breakeven-trader.
i think on AVERAGE i am making about 0-10 pips a day not so bad...
last night i woke up and came to the conclusion:
my worst...Ignored
DislikedThe way it looks now, the H1 10 may confluence with M15 35, H4 35 and Daily R2! So should be a quick 20p on that long....Ignored
DislikedHi Kostas
I notice from your chart that you did not take the trade on the initial touch of the H1 10EMA but after 5min PA confirmation off of R2. I think we may have covered this before on the forum but, in this respect, i think you deviate from what Clay would have done? Do you always take this approach?
thanksIgnored
DislikedAs I said before, I always use the M5 for confirmation. In this trade, I would have waited anyway since there was a confluence of many significant areas....Ignored