Disliked{image} Gold best stops and limits setup today . FYI: I will go into explaining the setup fully, nut's and bolts today & tommorow .. ...Ignored
It's in fear when people show what they truly value.
Applying Order Flow & Volume Profiles To Futures Trading
- #81
- May 21, 2020 3:52am May 21, 2020 3:52am
- Joined Nov 2013 | Status: Trader | 2,780 Posts
It's in fear when people show what they truly value.
- #82
- Edited 7:20am May 22, 2020 7:06am | Edited 7:20am
- Joined Nov 2013 | Status: Trader | 2,780 Posts
Breakdown of stops & limit's setup.
Step 1 - find a strong price move. 
Step 1 - find a strong price move.
It's in fear when people show what they truly value.
- #83
- May 22, 2020 7:11am May 22, 2020 7:11am
- Joined Nov 2013 | Status: Trader | 2,780 Posts
Breakdown of stops & limit's setup. step one - find a strong price move. {image}
Wait for market to consoldate & Identify where sell stops are (low of range) , sell limits ( high of range )
It's in fear when people show what they truly value.
- #84
- May 22, 2020 7:20am May 22, 2020 7:20am
- Joined Nov 2013 | Status: Trader | 2,780 Posts
{quote} Step 2 Wait for market to consoldate & Identify where sell stops are (low of range) , sell limits ( high of range ) {image}
Once you identify the range, place sell limit at the top of range, or sell with sell candle confirmation/sell accumulation . in This case you would be triggered into the trade
Note: price came into the sell stops and bounced, if you sold in that area, that wick candle with price bounce would have you exiting the trade potentialy.
It's in fear when people show what they truly value.
- #85
- May 22, 2020 7:34am May 22, 2020 7:34am
- Joined Nov 2013 | Status: Trader | 2,780 Posts
{quote} Step 3 Once you identify the range, place sell limit at the top of range, or sell with sell candle confirmation/sell accumulation . in This case you would be triggered into the trade Note: price came into the sell stops and bounced, if you sold in that area, that wick candle with price bounce would have you exiting the trade potentialy. {image}
Trade for a break of the sell stop level, This step requires patience to let trade play out. take profit once price makes a leg lower down that is 70% of previous price trend.
Levels are drawn to illustrate, Take profit on price leg move...
Lastly the considered previous legs are not from high to low but rather from candle body high's, the closer the target the more probable price hit's if direction is correct. if your entry is a candle entry in sell limit area then consider same target.
It's in fear when people show what they truly value.
- #86
- May 22, 2020 7:45am May 22, 2020 7:45am
- Joined Nov 2013 | Status: Trader | 2,780 Posts
{quote} Step 4 Trade for a break of the sell stop level, This step requires patience to let trade play out. take profit once price makes a leg lower down that is 70% of previous price trend. {image} Levels are drawn to illustrate, Take profit on price leg move... Lastly the considered previous legs are not from high to low but rather from candle body high's, the closer the target the more probable price hit's if direction is correct. if your entry is a candle entry in sell limit area then consider same target.
I've listed the absolute basis for the setup, this setup has more probabilty with a strong macro reasoning behind it. therefore trader's can take that into account in FX & futures.
When there is a good macro reasoning, trader's can target 1:1 on structure
The Risk / reward potential on these trades can be very good
1/10, 1/15 etc.. but more acheivable to aim 1/3 , 1/5 because market will usually provide that on a more regular basis.
It's in fear when people show what they truly value.
- #87
- May 22, 2020 7:49am May 22, 2020 7:49am
- Joined Nov 2013 | Status: Trader | 2,780 Posts
It's in fear when people show what they truly value.
- #88
- May 22, 2020 8:46am May 22, 2020 8:46am
- Joined Nov 2013 | Status: Trader | 2,780 Posts
It's in fear when people show what they truly value.
- #89
- May 25, 2020 11:25am May 25, 2020 11:25am
- Joined Nov 2013 | Status: Trader | 2,780 Posts
even on slow days you trust my stops and limit's setup.. to give you intended direction .
It's in fear when people show what they truly value.
- #90
- May 28, 2020 12:30pm May 28, 2020 12:30pm
- Joined Nov 2013 | Status: Trader | 2,780 Posts
Brent m5
It's in fear when people show what they truly value.
- #91
- Edited 2:52pm Jun 4, 2020 2:02pm | Edited 2:52pm
- Joined Nov 2013 | Status: Trader | 2,780 Posts
£/$ Flagship Stop's and limit's setup today
FAQ coming soon.
It's in fear when people show what they truly value.
- #98
- Jun 22, 2020 7:41am Jun 22, 2020 7:41am
- Joined Nov 2013 | Status: Trader | 2,780 Posts
It's in fear when people show what they truly value.
{quote} how to get this platform ? and whats the setting? cheers in advance p.s i see some things working my setups..
I use it with Rithmic connection
VWAP tool is under license, but it costs its price.
Trading ES with Quantower
- #100
- Jun 22, 2020 7:51am Jun 22, 2020 7:51am
- Joined Nov 2013 | Status: Trader | 2,780 Posts
It's in fear when people show what they truly value.