Dislikedcomplicated today. Trend seems to be up now !!! cautious if you sell !Ignored
buy 1694
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Dislikedcomplicated today. Trend seems to be up now !!! cautious if you sell !Ignored
DislikedH1-M5 Status Update Here is my first clean chart.. This is what I normally look at M5 is still in pullback mode.. nothing to get excited yet.. Stay Green {image}Ignored
Disliked{quote} Look at the chart I just shared.. is it really that complicated? And is it really bullish? Look again! Stay GreenIgnored
Disliked{quote} i kind of understand everything only 2 thing i dont understand first the angel of the trend line is it always the same ?? second i only use ur strategy on 1h or do i have to look for the 5m as well ?? thanks in advance NourIgnored
Disliked{quote} i kind of understand everything only 2 thing i dont understand first the angel of the trend line is it always the same ?? second i only use ur strategy on 1h or do i have to look for the 5m as well ?? thanks in advance NourIgnored
M5 entries can help drastically if you missed getting in to quick developing, high momentum trends.. But on slow times direct or pullback entries via H1 will create no issues. The extra effort you show by stepping down to M5 will help you to have double assurance since you wait there for a 2nd breakout!.
I hope it clarifies.
Stay Green
Disliked{quote} The angle of RED or BLUE trendlines is the core of the system but it doesn't have to be precise.. the logic is to buy breakouts as early as it gets but not too early.. we always have some chances to enter belated.. early entries end up with being faked out.. To avoid that we try to enter smart: The 1st trick is to enter a little early from normal horizontal breakout traders, (so that we can run away with small loss or BE if there is a fake breakout) The 2nd trick is to not enter too early (if you make your trendline angles too steep, let's...Ignored
Disliked{quote} The angle of RED or BLUE trendlines is the core of the system but it doesn't have to be precise.. the logic is to buy breakouts as early as it gets but not too early.. we always have some chances to enter belated.. early entries end up with being faked out.. To avoid that we try to enter smart: The 1st trick is to enter a little early from normal horizontal breakout traders, (so that we can run away with small loss or BE if there is a fake breakout) The 2nd trick is to not enter too early (if you make your trendline angles too steep, let's...Ignored
Disliked{quote} Thank you Ata. Just to clarify. I have been using the Zup you shared to draw the lines and get the angles then remove the zup. I believe you thought that sometimes back.Ignored
Dislikedi just entered 1 short trade like this ??? was i wrong or have any mistake ???Ignored
DislikedH1 Status Update As soon as we had a bull candle closing above Green 54 LWMA line on H1 all the lines on M5 will die. So you start from scratch. Logic is: Candle is above 54 LWMA now and we wait for Dark RED TL breakout which is activated again! If current candle stays above green we only wait for Dark RED TL breakout.. and on M5 I keep that BLUE line just in case H1 candle closes back below Green LWMA.. just in case but for now it has no meaning! We are bullish! Meanwhile do we lose anything? NO!.. Do we gain anything? Maybe not but LOSING NOTHING...Ignored
Disliked{quote} The H1 chart COMES FIRST.. you maybe think you are entering correct based on M5... but that is not the point.. The very first question to ask is: Is H1 telling you to go short or long? If yes then you short based on M5.. or vice versa in a bullish scenario.. Stay GreenIgnored
DislikedHi all, just made an account. Got in a short earlier at 1.1716 (didn't think it was going to break 1.1720 given the strong bear pressure), trailed and got stopped out at 1.1680. Now just re-entered another (smaller) short at 1.1699. SL at 1.1721. Will try to BE and trail again.Ignored