Williams%R, SAR X-over 15 minute candles

Sorry I spend a total of maybe 2-4 hours on trading and maybe an hour on this thread. I'm not going to take time to write summaries and overviews. You can put in the time and read the thread or not, up to the individual. I always answer questions that people ask and will continue to do so. I spent years learning to trade, so if you want to be successful put in the work. Sorry if this seems harsh, but I have a life outside of this thread.

This is a final post on trading indices futures. Again today was a very easy huge day, but understand this is not the usual. Mostly on indices you get a lot of back and forth PA and smaller winners. Some may ask why I got out of theses trades, simple answer I didn't want to trade anymore. I want to play with my niece Joy

Still not getting up early and not exactly my kind of PA day but took 4 trades. Always nice to get a couple of GBP trades as they trend to be larger winners.
Painful to watch the idiocy of Trumps supporters yesterday, man is a stain on our countries history.

I agree. The man has absolutely no class. Disgraceful

Hello,

I have a question rockypoint, on gbp/nzd, can you explain why you didn’t bought on the top of the Green candle at 7.40 ?
(Yellow point on my screen shot)
At this moment GBP was strong and the chart was looking at what you use to trade.

Thank you.

Sorry I took so long to reply. Simple was looking at a bearish divergence first of all, second reinforcing the divergence uptrend was over 6 hours old which is a long time in day trading. So divergence, length of up trend hints toward fading the trend as most viable option. Hope that helps.

No fx trading for me, as you know don't like to trade NFP. Did trade indices which wasn't a great idea, Picked off 149 ticks on the Dow and lost 152 on Nasdaq.
Stupid trades, why because Dow was a Short and Nasdaq a long. If I played S & P also a long bigger loss. So conflicting data should've said Dude stay out, but didn't listen.

Even people who know what they are doing are stupid sometimes. So learn from stupid and stay cool

Thanks for the good advice!! LOL!!!
Have a nice weekend!!

Thank you, it helps a lot.

I use the forex power indicator to identify the best currency to choose, and i look at the 4 latest hours.
Do you recommand to look at smaller period ?

[quote = rockypoint; 13348050] Stále som nevstával skoro a nebol to môj úplne PA deň, ale vzal som 4 obchody. Vždy je pekné získať pár obchodov GBP, pretože majú tendenciu byť väčšími víťazmi. Bolesť sledovať včera idiotstvo priaznivcov Trumpov, človek je škvrnou v histórii našich krajín. {image} {image} {image} {image} [/ quote]


I have a question for you what kind of stop loss you use

I check the 4hr, 1hr and 15 min. readings

I use a regular stop loss that ranges at start from 10-20 pips depending onhow PA looks.

Hi Rockypoint,

Next time can you shows the pictures H4 H1 and M15, readings.

I studying your method but I don't know how to read H4 and H1.

Thank you,
Suchart