Disliked{quote} Your template only shows the main screen layout? Is this correct? {image}Ignored
For me too, will I be able to post the indicators and template again?
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Disliked{quote} Your template only shows the main screen layout? Is this correct? {image}Ignored
Disliked{quote} Hi Frank My GBPUSD Week 39 Sep 21 to 25 were D1 trades and I based on the Weekly market condition. Note when Friday Sep 18 closed, I see a sideways market type conditions and D1 was more bearish when I decided to sell. The Weekly sideways range was about 500 pips. Selling on Sep 21 would mean the worst case SL would be above 1.3264 i.e. above the high of that big Weekly candle of week 37. This is why my trade position size were very small and to allow me to scale-in and scale-out with several baskets of trades. {image} However, if you use...Ignored
Disliked{quote} Thanks for your explanation. 2 more tiny questions as follows, Regarding ur ATR based SL, what is the setting you recommend? what does the pool of 3 to 5 pairs you mentioned look like? Do you mean, for instance, you would trade a bunch of GBP pairs at the same time? or u mean several pairs unrelated with each other? like AUDUSD, GBPJPY, EURNZD..Ignored
Disliked{quote} Hi Emm, Just looking at UC weekly close not being higher than the week before . Does this mean we can expect UC ranging for the following week and probably best to look elsewhere for a better trade? Maybe Covid trump is causing instability as well. It seems a lot of the pairs are in the same weekly position. Keep up with the very informative posts, I am just compiling a lot of them for future reference.Ignored
Disliked{quote} USDCAD Week 41 Oct 05 to 09 - on my Weekly, I see a big W1 with its high-low ( give that Weekly a proper name Weekly Control Candle WCC) - that WCC high-low determines the range of the market I trade this week until there is a break of this range - check that WCC high-low range and compare the Weekly ATR(52) weeks, is that narrow range or wide range? {image} Daily trading chart (RH template #1) - it easy decision to be selling, right? - what if I follow the longer term buyers? - caution this week's US FOMC and Canadian employment data! -...Ignored
Disliked{quote} USDCAD Week 41 Oct 05 to 09 - on my Weekly, I see a big W1 with its high-low ( give that Weekly a proper name Weekly Control Candle WCC) - that WCC high-low determines the range of the market I trade this week until there is a break of this range - check that WCC high-low range and compare the Weekly ATR(52) weeks, is that narrow range or wide range? {image} Daily trading chart (RH template #1) - it easy decision to be selling, right? - what if I follow the longer term buyers? - caution this week's US FOMC and Canadian employment data! -...Ignored
Disliked{quote} Hello emmanuel7788 there's another question, so you use 2ATR for stoplosss, and didn't use 2 back lower/higher bar from RB? i think 2ATR usually means more risk, does this mean we need more reward for the risk? thank you so muchIgnored
Disliked{quote} this is really great analyzing, thank you, emmanuel7788 a quick question: if you put an order, saying buy limit, but the prices is up and you didn't get it , would you increase the price and chase it or seek another chanceIgnored
DislikedHello emmanuel7788 Can you share your ATR Indicator for me? and how to use it to calculate SL. Sorry my english is not good. I use Google translate. Thank youIgnored
DislikedHello emmanuel7788 Can you share your ATR Indicator for me? and how to use it to calculate SL. Sorry my english is not good. I use Google translate. Thank youIgnored
DislikedAnyone trading XAUUSD? Oct 06 Tokyo open Looks promising to make some money. {image}Ignored
Disliked{quote} I keep my eyes on the XAU / USD but it looks like the price is testing the 1920 resistance. My expectation on the pair will be bearish. I've always followed the TMS (r) rules associated with higher timeframe consensus so probably less transactions. Last week I did not open a trade because it is against my trading plan. With the EU and AU pairs they seemed to be facing support on the daily timeframe so I stayed out waiting. I learned from you so much Emmanuel! Thank you so much!Ignored
Disliked{quote} simply watch the metal market prices from now till Nov 3. its either you make money 2Rs...3Rs... 5Rs and have a good early year-end bonus or you lose just 1xR... you balance -1R within your pool of trades. when you lose (2 x -1R) and make (3 x 2Rs), you'll have your bonus by Nov 3. work at it! work harder at it! I did for 20 years and still working hard every day.Ignored
Disliked{quote} Hello kecodon your trading platform has the ATR indicator, use that. post a chart and I can explain how you can use the ATR when you do you trade planning. For example, look at my USDCAD D1 chart above post. I have the ATR(100) on that Daily chart, that is the 100-days ATR ~ 89 pips.Ignored