Daily Trading Ideas

waiting
️

gold really stubborn 67/68..
ha ha...

Need your tiny tiny hammer to break that level...

I try enter GU 2304 for scalp 30m
for me dxy 4H will continue play bear later this hour close

Akim can you please share page number of your strategy? Nothing in first post on page 1.

test long Gu
stop 2290

search at threads attachment mate

budd..
posting again the methods

not trust bull yet..
move stop to 2300

Cash + 13 pips By reduce order lot

good GU)
was a little scalp early +10
and one closed again +16 pips
another one left to run with SL at BE
and added in sell))

Sorry buddy may need them go search attachment,
the method i post early few times bfr, I always write again and again,
it already in my mind,
and i always forgot make a copy in phone note
a little far from current page to find my post

This is the post from last time:

Hi guys,
for new trader just come to this thread,
Akim buddy ask me to share again the method.

For indicator set up:
Bollinger Band:
Period : 20
Deviation: 2

1st Moving Average:
Period: 5
Method: Linear Weighted
Apply to : High

2nd Moving Average:
Period:5
Method: Linear Weighted
Apply to :Low

now indicator set up is done.
Next is how set up and where and when to enter the market.

Set up for sell:
5 LWMA (High) is outside the BB upper line mean overbought, this is the time we look for set up forming,
first we need to see one bear candle appear and closed,
then next we have 1 or 2 bull candle retest the top (currently rejection area or Resistance at 4H/Daily chart)
if appear 3rd bull candle the set up is not valid anymore,
how we know the set up valid or not valid,
easy, just wait for candle closed and open new candle.

Set up for buy:
same as above, only different is now is 5LWMA (Low) outside the BB down line,
set up form is bull candle first and 1 or 2 bear candle retest bottom (currently bounce area or Support at 4H/ D chart)
if 3rd bear candle appear and close, ser up invalid and wait for new set up again.

some tips:

1.We use 4H/D/W/M set up for direction, 15m/30m/1H for entry, sometime 4H set up also can be entry but 4H play wide range , so maybe difficult to find good entry, so best entry come from 15m/30m and 1H, and do remember wait for candle close first then enter or nearly close then enter.

2.And we need to know where is the previous rejection area 4H and Daily chart (Support / Resistance)
And some area may not see at big time frame, that why we need take note for some price keep reject, note is important.

3. Study more about candlestick pattern n price action for basic knowledge , sometime set up seem valid but fail , the problem is some PA/ pattern showing strong momentum in control, so we not to counter it.

4. Nowsday the MA may not go outside the BB up/ down line,
this doesn’t mean set up not valid,
MA go outside that just give us a more confirmation for enter the market. And also the candle may form between the upper BB zone or down BB zone sometime , we call tricky or not so beautiful set up, if not willing take so much risk, can wait near upper or down line then enter.

5. Principle for set up :
buy: 1 bull & 1/2 bear retest = 1-1 or 1-2
sell : 1 bear & 1/2 bull retest = 1-1 or 1-2
1-3/ 1-4 is not valid.

down is GU and Gold early set up for example
any i miss , other buddy may help me add on.
this post is newbie required from Akim.
Attached Images (click to enlarge)
https://www.forexfactory.com/attachm...1&d=1592825811https://www.forexfactory.com/attachm...1&d=1592825812

here mate

https://www.forexfactory.com/attachm...9&d=1557206510

h1 look like bear set up
i want it) go bears!

bear setup on M15,H1, bearish 3 formation on m30

move back to 2290..
ha ha.

tQ mate

likely dxy bear trick me again today..