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  • #121
  • Dec 21, 2020 5:04am Dec 21, 2020 5:04am
Quoting kette
{quote} What do you mean exactly
I mean, the price touched my Value Area Low line of 20-12, and fell down from there. My question is: would a short entry there be according to the system Wags gave us?
  • #122
  • Dec 21, 2020 5:06am Dec 21, 2020 5:06am
Quoting TheJube
{quote} I mean, the price touched my Value Area Low line of 20-12, and fell down from there. My question is: would a short entry there be according to the system Wags gave us?
since we know how much trade is, i say yes
Attached Image (click to enlarge)
Click to Enlarge Name: Admiral Markets MT4eu.png Size: 97 KB
  • #123
  • Dec 21, 2020 5:08am Dec 21, 2020 5:08am
Quoting kette
{quote} since we know how much trade is, i say yes {image}
Haha, nice you were in! Congrats
  • #124
  • Dec 21, 2020 5:10am Dec 21, 2020 5:10am
Quoting TheJube
{quote} Haha, nice you were in! Congrats

on a large picture market profiles
one could see how the trade volume is going down
  • #125
  • Dec 21, 2020 5:17am Dec 21, 2020 5:17am
liquidity gaps are dealt with quickly
since there is no interest there
Attached Image (click to enlarge)
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  • #126
  • Dec 21, 2020 6:23am Dec 21, 2020 6:23am
Quoting Wags
{quote} Had to read that twice lol, yes very similar I like the idea of the long range value high and lows etc, i used to have an indi that showed me all the session profiles and i dont know where it is, im assuming you drop to a lower TF when trading the intraday session POC's
Yes. Typically I have my charts for set at M15 as you get a good view of the entire day and can easily see the POC for the sessions etc.

But then when it approaches a level I am interested in trading off, I will drop down to M5 (or even M1) to fine tune entry. I'm really looking to get the smallest stop I can (typically 15-30pips).
*** Shoot for the moon. Even if you miss, you'll land among the stars. ***
  • #127
  • Dec 21, 2020 8:22am Dec 21, 2020 8:22am
Out doing the dreaded Xmas shopping in dreary bristol UK

just looking at my losses so far and I think they all have come on overnight trades that I have just let run
  • #128
  • Dec 21, 2020 9:48am Dec 21, 2020 9:48am
ga
traded gap 50%
Attached Image (click to enlarge)
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  • #129
  • Dec 21, 2020 10:44am Dec 21, 2020 10:44am
why didnt you take this trade?
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  • #130
  • Dec 21, 2020 10:49am Dec 21, 2020 10:49am
Quoting ulle73
why didnt you take this trade? {image}
nice trade
used the gaps if possible
  • #131
  • Dec 21, 2020 10:52am Dec 21, 2020 10:52am
gj
Attached Image (click to enlarge)
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  • #132
  • Dec 21, 2020 11:00am Dec 21, 2020 11:00am
eu gaps are closed
that was just one way to make a good trade
have fun everyone
Attached Image (click to enlarge)
Click to Enlarge Name: Admiral Markets MT4.png Size: 82 KB
  • #133
  • Dec 21, 2020 12:11pm Dec 21, 2020 12:11pm
Hy just to understand in the case below better long entry in trend way or short one waiting for low in volume?
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  • #134
  • Dec 21, 2020 12:33pm Dec 21, 2020 12:33pm
Good afternoon I don't want to disturb the follow-up of our friend Wags, but we have two great assets for this system.
HK 50 (Hong Kong Index)
US 30 (Wall Street 30 Index)

Why these assets? answer: These assets run an average of 400 pips a day, much higher than any forex pair.

Note: Interesting with this Wags friend system, we have a 3x1 Risk x Reward With these assets that I mentioned we can put 50 pips of stop and a TP of 150 pips.
Take a look .
A hug and green pips for everyone.
  • #135
  • Dec 21, 2020 1:26pm Dec 21, 2020 1:26pm
Have been waiting for this pair to retrace back to this level

Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDM30.png Size: 47 KB
  • #136
  • Dec 21, 2020 2:54pm Dec 21, 2020 2:54pm
the volume range is also for mt5
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM30.png Size: 60 KB
Attached File(s)
File Type: ex5 VP-Range-v6.ex5   81 KB | 256 downloads
  • #137
  • Dec 21, 2020 3:24pm Dec 21, 2020 3:24pm
Stopped out for 30 pips overnight last night but 2 decent trades today inbetween xmas shopping lol

just entered long on UJ as price just retraced to yesterdays POC and Last 5 days POC, Plenty of support there as well

Didnt like that yesterday closed in its lower VA but still think theres some pips in it

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM30.png Size: 42 KB
  • #138
  • Dec 21, 2020 3:55pm Dec 21, 2020 3:55pm
Quoting forex1x8
Good afternoon I don't want to disturb the follow-up of our friend Wags, but we have two great assets for this system. HK 50 (Hong Kong Index) US 30 (Wall Street 30 Index) Why these assets? answer: These assets run an average of 400 pips a day, much higher than any forex pair. Note: Interesting with this Wags friend system, we have a 3x1 Risk x Reward With these assets that I mentioned we can put 50 pips of stop and a TP of 150 pips. Take a look . A hug and green pips for everyone.
Interesting , What value per pip are these mate
  • #139
  • Dec 21, 2020 4:11pm Dec 21, 2020 4:11pm
Quoting Wags
{quote} Interesting , What value per pip are these mate

Friend I work with Valutrades and she accepts to start with lot 0.01
Each pip is worth 0.10 cents of dollar
with 0.10 each pip is worth 01 dollar
with 1.00 each pip is worth 10 dollars

I have a note about the system
1) WAITING FOR AN M30 CANDLE CLOSING AFTER LEVELS CAN BE INTERESTING / PASSING AFTER M5 ALSO.
  • #140
  • Dec 21, 2020 4:29pm Dec 21, 2020 4:29pm
Quoting Wags
{quote} Interesting , What value per pip are these mate

depends on your broker at what level you can trade my 0.10 upwards of 10 cents per point (DOW30) at 0.50 it looks like this



A little education is good about how high the risk is
Attached Image (click to enlarge)
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