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Market Phase Hedging Method

  • #121
  • Oct 7, 2019 8:40pm Oct 7, 2019 8:40pm
SSR - Significant Support and Resistance.

Do not over complicate this at this stage. It's an area where price have tested more than once.
Pair it with PULSE. When CLOUD WAZE intersects, you start to map out PULSE RANGE.

If SSR forms in your range, it means the range is VALIDATED.
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  • #122
  • Oct 7, 2019 8:46pm Oct 7, 2019 8:46pm
FSR - Flip Support and Resistance.

Do not over complicate this at this stage. It's an area where price have broke through and retest.
Normally when this happens, CLOUD WAZE will intersect and a new PULSE RANGE is formed.
Attached Image (click to enlarge)
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  • #123
  • Oct 7, 2019 9:39pm Oct 7, 2019 9:39pm
1. Market phase - Direct Flow, Impulse, Pulse (Heart beat of the market)
2. SR (CSR, FSR, SSR)
3. T. Zone (SRZ, FRZ) Coming soon up next
4. Pulse Extended
5. Cloudwaze
6. Price Strength Analysis
  • #124
  • Oct 8, 2019 5:13am Oct 8, 2019 5:13am
Not our main trading pair, but good to look out for. EURUSD Pulse is brewed up nicely.
Many high impact USD news this week, might whipsaw again but who knows Wait for price to make the move.
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  • #125
  • Oct 9, 2019 4:36am Oct 9, 2019 4:36am
EURUSD going for the range play
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  • #126
  • Oct 9, 2019 5:23am Oct 9, 2019 5:23am
I do not trade forex ... Only futures ... Mostly gold. I guess the trade techniques apply across all asset class. I guess i have somewhat understood the entry part but still unclear about the exit or the release of the hedge. Please show us the example where you would have released the hedge and finally closed the euro position as well. Thanks.
  • #127
  • Oct 9, 2019 6:12am Oct 9, 2019 6:12am
Quoting Yoges
I do not trade forex ... Only futures ... Mostly gold. I guess the trade techniques apply across all asset class. I guess i have somewhat understood the entry part but still unclear about the exit or the release of the hedge. Please show us the example where you would have released the hedge and finally closed the euro position as well. Thanks.
It does. But you would need to do the homework on why you picked a certain asset class. Like whats the reason behind?
We will go through trades as setup comes. GOLD didn't hit my BUY pending orders, guess we'll just have to wait
  • #128
  • Oct 9, 2019 8:11am Oct 9, 2019 8:11am
For trading, I do not have choice of forex in my country. Only certain futures and stocks. I mostly trade gold because it is the only contract that offers micro lots. I have burned few accounts already, so taking a nimble approach without taking stress of position impact. Mostly, I feel the moves are smoother than others.
  • #129
  • Edited 8:00pm Oct 9, 2019 7:08pm | Edited 8:00pm
A little morning rant. Attaching my reply on another thread as this will benefit the community members.
A lot of traders are led by smart marketing, led by emotions and not viewing the situation logically.
It's normal as we all yearn that trader lifestyle, but what's the truth behind trading?

Truth is normally disregarded by everyone, because it's usually not tied to any emotions.
It's tied to statistics, solid data and hard facts. Learn to see with your analytical mind, not your gut feelings.
.
.
.
Quoting Coughz
{quote}Unfortunately not many forex mentors have a track record like you.. is that automatically a red flag?
YES. The answer's right in front of you. It's like I'm telling you I'm the greatest basketball player but I won no games before.


Quoting Coughz
{quote}The lifestyle that he has could be from selling courses and not trading.
Ask yourself, what do you want? Being a successful trader or just being rich? I believe it's the later because you are already
intrigued by his lifestyles, his sports cars and his vacations BUT that is not the truth of trading. Being a trader requires skill, experience,
discipline and passion. It takes years but it can be cut short by following a verified mentor.

Your decisions now are emotional because you are influenced by their marketing tactics, it's normal because all of us
yearn to achieve that trader lifestyle but the truth is not like what you see on instagrams or facebook trading superstars.

Trading profits and gains are just by-results that comes from you executing your trading system efficiently and with discipline.
Can you live that trader lifestyle? Yes because I'm living the trader lifestyle but it takes TIME and HARD WORK to reach to the top.

It also all depends on

  1. how quick you get the "aha“ moment
  2. how resourceful you are on finding funds, investors etc
  3. how good is your plan to make this into a "business model"

So calm down the view this trader rationally. Do the maths, ask for statistics. Research based on logic, not emotions.

  • #130
  • Oct 9, 2019 7:45pm Oct 9, 2019 7:45pm
Quoting Yoges
For trading, I do not have choice of forex in my country. Only certain futures and stocks. I mostly trade gold because it is the only contract that offers micro lots. I have burned few accounts already, so taking a nimble approach without taking stress of position impact. Mostly, I feel the moves are smoother than others.
That's too bad. The knowledge I'm sharing will be technicals first, we will move on to psychology part and account handling
in the later stage. You'll improve vastly from there on.
  • #131
  • Oct 10, 2019 8:37am Oct 10, 2019 8:37am
TP on GOLD SELL, will do an explanation on it soon, anyone joining in the discussion?
  • #132
  • Oct 10, 2019 9:11am Oct 10, 2019 9:11am
Quoting TradeMinim
TP on GOLD SELL, will do an explanation on it soon, anyone joining in the discussion?
Why was the trade opened on sell side only ... I mean without hedge!
  • #133
  • Oct 10, 2019 6:57pm Oct 10, 2019 6:57pm
Quoting Yoges
{quote} Why was the trade opened on sell side only ... I mean without hedge!
Great question Yoges, I was waiting for it Here's why
.
.
Before entering any positions ask yourself where is price?
Attached Image (click to enlarge)
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Not sure where? DRAW PULSE
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See where is price, it's near PULSE EDGE, SRZ formed and there is plenty of breathing space for price
with good R:R, hence our sell entry is triggered.
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Also remember to take note of new intersections and draw new PULSE as price progress.
We hedge when pulse edge is near, when there's room to breathe we will take profit on our positions.
Price already moved +150 pips, it has "chosen" a direction so I wouldn't need to hedge
Attached Image (click to enlarge)
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When price is constantly in "indecision" then we will make decisions to hedge based on the
current pulse and pulse edge. That's why I keep on putting weight on identifying market phases.
  • #134
  • Oct 10, 2019 9:42pm Oct 10, 2019 9:42pm
Nice trades. Taking positions on edges of pulse sounds good. Your take on SRZ and PRZ is still yet to come as well as other techniques. Perhaps the system will be even more clear after full explanation of the techniques.
BTW, does the intersection mean change in colours of the cloud?
  • #135
  • Oct 11, 2019 12:02am Oct 11, 2019 12:02am
Quoting Yoges
Nice trades. Taking positions on edges of pulse sounds good. Your take on SRZ and PRZ is still yet to come as well as other techniques. Perhaps the system will be even more clear after full explanation of the techniques. BTW, does the intersection mean change in colours of the cloud?
Yes, we are taking a BUY trade now, same concept applies.
  • #136
  • Oct 11, 2019 9:47am Oct 11, 2019 9:47am
Loss taken on previous buy trade. This is one of the risks when price haven't reached our target area to hedge
Overall still a great week, T. Zone (SRZ, FRZ) Coming soon up next
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  • #137
  • Oct 11, 2019 8:26pm Oct 11, 2019 8:26pm
You got your entry on time and price did react your way but not to your preferred hedge area. You could have put the trade on breakeven to preserve your capital. Doesn't your MM allow this?
  • #138
  • Oct 11, 2019 9:50pm Oct 11, 2019 9:50pm
Quoting Yoges
You got your entry on time and price did react your way but not to your preferred hedge area. You could have put the trade on breakeven to preserve your capital. Doesn't your MM allow this?
Yeap, We'r following a fixed approach when managing losses. It also can depend on your MM.
For me a stop loss was set below the area of pulse edge, if price haven't reach the preferred hedge area
we will leave price to decide. No trailing stop or BE used, because we won't know how price will react or move.

Will it bounce after retracing back? We don't know. We execute based on the system with fixed rules, that's our role as a trader.
  • #139
  • Oct 12, 2019 9:46am Oct 12, 2019 9:46am
New article released, which stage are you at right now?
https://trademinim.com/the-5-stages-of-a-trader/
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  • #140
  • Oct 12, 2019 10:41am Oct 12, 2019 10:41am
SRZ - Swing Reaction Zone - area above resistance or below support, we call this area SRZ

Attached Image (click to enlarge)
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HRZ- Hidden Reaction Zone - area where price stops before resuming it's movement, we call this stopper HRZ
usually we find the stopper in higher Time-frames H4/Daily Charts

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