always draw trendlines
- #1,076
- Dec 9, 2019 4:04am Dec 9, 2019 4:04am
- Joined Aug 2010 | Status: absolute beginner | 5,463 Posts
trading is like dancing, don't think and just listen to the music!
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Dislikedhello gentlemen if my recommendation are not welcome will erased my post been following for awhile and been very happy so far well do believe you have to have a software indicating with currency become strong and maybe a set up trade but not a trade yet {file} set up on the chart . {image} {image}Ignored
Disliked3 trades today, all in all again a -24 pips loss day. {image} {image} {image}Ignored
DislikedSo a simple and powerful way doing it turned out to be: +5 EMA (2 shift/offset) and 5 NET PIPS...and 30K-50K lot and 1:500 leverage. +RSI 8 +and of course non-news quiet times. --- Use only ECN account --- if you dont have much money use 1:500 leverage to be able to open at least 30K lots --- DONT FORGET: Trading is a business...Business requires investing!! Dont be stingy! 1. Enter (right on the second candle opened inside 5ema) Buy trades only if price is over ema200 (either m15 or H1 you choose) and only sell if below ema 200. 2. Dont regard...Ignored
Disliked{quote} Hi Tk5, great method especially at the london open on 15 minute time frame) Thanks for sharing this. One quick question, When you say coming from the 30 and 70 zone of RSI, on buys are you referring to rising above the 70 zone and on sells breaking below the 30 zone? Thanks!!
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Dislikedis there a pic that you can show as for the example on a 15 min chart of the rsi hitting those levels and the corresponding buy or sell signal. I know I am being a pain in the ass LOL ThanksIgnored
you guys are being too pessimistic...note that i have been trading quite long time and on real account. this way.
If you are too naive to locate 5 pips movememt during an hour (!) then you have no moral right to be a trader.
What I offer is rather a mindset, a tactic...and a plan which creates discipline.
always draw trendlines
Still works
lpp
DislikedHi tk5Post 31 Cleanup Quote Oct 28, 2014 7:13 {image} tk5 | Commercial Member | Joined Aug 2013 | 671 Posts you guys are being too pessimistic...note that i have been trading quite long time and on real account....
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DislikedSo to be clear, rsi has to hit 30 or 70, it doesnt matter which it hits, it has to hit first then .if we are above the 5 and 200 moving average we buy on the first heinken to close above the 5 and sell on the first heiken to close below Am I correct? Thanks againIgnored
Dislikedhello gentlemen if my recommendation are not welcome will erased my post been following for awhile and been very happy so far well do believe you have to have a software indicating with currency become strong and maybe a set up trade but not a trade yet {file} set up on the chart . {image} {image}Ignored
DislikedGuys, instead of having this thread like this, I was thinking about this: I may open a closed Telegram group. There I'd share signals and insights along the way, of course charge some monthly fee for this. This would be much more beneficial for all. -- A private, exclusive club! what do you think? I wonder How many of you would like to join. It would have minimum group member size and as soon as certain number gathers we can start. Lets say from 30+ users. From my side, Id with great pleasure be of a contribution to you and your trading journey!...Ignored
DislikedGuys, instead of having this thread like this, I was thinking about this: I may open a closed Telegram group. There I'd share signals and insights along the way, of course charge some monthly fee for this. This would be much more beneficial for all. -- A private, exclusive club! what do you think? I wonder How many of you would like to join. It would have minimum group member size and as soon as certain number gathers we can start. Lets say from 30+ users. From my side, Id with great pleasure be of a contribution to you and your trading journey!...Ignored