I know u dont care about that
but it's like a resistance for me
here's a chart about I should TP at market open line
but it's like a resistance for me
here's a chart about I should TP at market open line
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DislikedYou said it yourself.....we trade "based on the mechanical ways ". There is always a certain amount of discretion, otherwise we would be able to write the perfect 'no loss' EA!!! But mechanical trading with discretion is a long way from trading predictions!!Ignored
DislikedI know u dont care about that
but it's like a resistance for meIgnored
DislikedAttachment
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see both in eur/usd and eur jpy ... the time of trigger ....
at 10 :35 both gave the short signal... and if you go back to 1 min chart the signal was early ... and the 5 min chart confirmed it... too it was the formation of a new 15 minute candle next to it...
if both taken correctly ..then...
just think and see the behaviour ... the nest six bar to both of the currencies signal down is the exit at the same time...... at the same sixth candle ... isnt that amazing ... think possibilites yourself....
pips...Ignored
Dislikedfolks..
With your system in here where your almost getting a signal on every dip's and curves by basically trading off the 5ma with some confirmations to go with it your at risk to end up with some loss trades no matter what.. now some of these signals occur during ranging market and there is no way and no one including the OP here can help you to filter that.. looking at higher tf or pivots watch and etc won't help you either, it helps as much it hurts to miss opportunities..
so simply ask yourself, if the philosophy of my trading style...Ignored
DislikedAs I've already said, the EU short was right on the Daily Pivot, therefore, no short trade!!!!!
Yelena is the best one to ask about correlations, that's here mainstay and area of expertise. I'm sure she'll answer you soonIgnored
DislikedHi RJ may I suggest that all newbie including myself to look for only the highest probability trade.Like example stoc divergence follow with genesis signal.I do know of some trader who just use divergence to exit trade not for entry but we
have genesis for confirmation it make us better to choose which divergence to trade.As for pips wise as long as it pay our spread to me it a winner.I have been trading this system for 2 weeks plus and by only taking the high probability trade my result has improved quite a lot.Stoc divergence followed by genesis...Ignored
DislikedRJ could u pls point me in the direction as to when the MTF stochs was introduced into the system ie pg no ,tks in adv.Ignored