Sf, you think it is smart to read your first thread? SF trading ideas, before continue here? Cheers
Possible idea for sure! I have less time now, but I will post more for sure.SF
Possible idea for sure! I have less time now, but I will post more for sure.SF
- #22
- Edited 1:30am Jun 12, 2020 12:58am | Edited 1:30am
- | Joined Sep 2016 | Status: Trader | 166 Posts
{quote} Nope. From 200 USD I had 4300 dollars in two days. Just a test. Now I'm doing another with 50 USD And leverage 1:500. So far doubled the account. Definitely not possible with "normal trading". You need great entries however. That's true but still possible. SF
For people who want to trade it, keep in mind you need to have 1:500 and trade large lots to be profitable.
My entry and profit was on screen, the risk is very low but only if you know how to trade and can recognize price action. I took trade before and put stop loss above the line (highest candle) and trailed profit (by my own system) step by step till market kicked me out. This may be good but I will test it by EA
+ only EURUSD and related majors MAY be tradable because spread will kill you account so DD will be the same.
- #23
- Jun 12, 2020 3:20am Jun 12, 2020 3:20am
- Joined Aug 2017 | Status: Trader | 3,300 Posts
Its all just one persons opinion
{quote} So I traded it, it's pretty easy and you can make a lot of money but only if you know how to trade it, all people who will try it without much experience will get the same DD and same losses it all comes to experience or the system you have
This is for people that already have good system or know PA. But also they can learn it this way. At least I will try so they could. Your example, if you really traded it, is pretty good. Exactly like that.
Also, people with good system that is "slower" so they have very little entries can use it, since they should get more entries. Not saying you will do always trades with 4 pips drawdown and TP 70, but it is for sure possible. When I did 1LOT trade on 200 USD acc, I worked with news also. Believe it was NFP. Thing is such trades don't happen all the times. I was literally sure what move will happen and then I entered as said. Then I used 1.5, 2 lots and so on. But You need that stoploss tho. Or enter and wait what will happen. If moving to your direction, automatically go for breakeven. If not, close the trade. Most of You will have better RRR. I don't know how others trade, if anyone have some magic or something, so I say most people. I write on phone now, so let's end it here. If anyone have something, ask. I'm not eating anyone.
One more thing, I wanted to share institutional levels where banks trade, so you could use this on those, but it is kinda expensive and I don't wanna go commercial so that idea kinda ended. But maybe I'll do it anyway. It worked well what I remeber.
SF
Ive been using T150 charts on Ctrader for 18+ months. I find it by far the best method for entry and exit...great early signs of short term trend . MT4 ticks are time based and therfore not accurate. M15 M30 H1 H4 to understand trend. T150 for entry and exit.
And if you using it the better. Sometimes for example T10 is more accurate than t150 but only sometimes when moves are very fast for most of the time. But everyone is trading differently so that's the point. SF
- #27
- Jun 21, 2020 11:54am Jun 21, 2020 11:54am
{quote} Correct. But it is not only about news. This should prove that every move is tradable. Don't use 1m chart. Use tick chart.
Find your Favourite Pattern
{quote} what indicator is that diamonds?
I wish I could update it, but I got some difficulties in real life thx to my friend so.. I'm completely useless for last week.. or so..
I will continue when everything will change and I'll be ok. Sorry guys. But You can still ask. The ESAZ Is great indicator. Easy S/R without anything manual. Helps a lot...
SF
{quote} If I remember correctly, it's name Is ESAZ. Using the weekly one. Can't find the day and month sadly. I wish I could update it, but I got some difficulties in real life thx to my friend so.. I'm completely useless for last week.. or so..
SilentFather, would be great if you weren't so silent anymore...your discussion was great
- #32
- Dec 10, 2020 11:50am Dec 10, 2020 11:50am
{quote} I'll come back.
im currently (since some months) studying pure PA on 10tick chart, with a 1500tick chart for the trend,
totally another world from minute charts
Had fun with level 1.20770. //// 9 tick chart from cTrader also attached. Looks great. It is so far 98 pips up? With 0 Drawdown? Lovely.. SF {image} {image} {image}
you entered exactly at the previous daily low which corrisponded also to the previous daily opening, to the previous previous daily close, and also to the previous previous previous daily close and low...
surely a strong level...played combining micro and macro
