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  • #261
  • Apr 5, 2021 8:38am Apr 5, 2021 8:38am
Quoting nikosk0
now looking to sort eu for 10-15 pips 1m always wait for market to give u direction, dont jump in {image}
I guess you're in this trade already. Nice break of structure on the 1m and 5m charts but I didn't like how it was looking on 1H so i skipped.

Just took a risky EURCAD long on the 1m/5m... I don't usually trade the 1m but will see how it goes (after all price is fractal right? Lol).
  • #262
  • Apr 5, 2021 9:07am Apr 5, 2021 9:07am
Quoting Koop
{quote} I guess you're in this trade already. Nice break of structure on the 1m and 5m charts but I didn't like how it was looking on 1H so i skipped. Just took a risky EURCAD long on the 1m/5m... I don't usually trade the 1m but will see how it goes (after all price is fractal right? Lol).
yeah i just got in 20-30 minute ago. but i wont keep it open for long. london just closed so i will give it an hour or two to perfom.

i might cut it at a loss but it doesnt matter. sticking to the plan.
offering my system to copy trade. check my link
  • #263
  • Apr 5, 2021 9:44am Apr 5, 2021 9:44am
Quoting Koop
{quote} I guess you're in this trade already. Nice break of structure on the 1m and 5m charts but I didn't like how it was looking on 1H so i skipped. Just took a risky EURCAD long on the 1m/5m... I don't usually trade the 1m but will see how it goes (after all price is fractal right? Lol).
EURCAD 1m long trade worked out. Closed at 3R.

Attached Image (click to enlarge)
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That's it for today.
Gonna study the 1m chart more... Seems it's not all just noise like most traders say.
  • #264
  • Apr 5, 2021 10:05am Apr 5, 2021 10:05am
Quoting Koop
{quote} EURCAD 1m long trade worked out. Closed at 3R. {image} That's it for today. Gonna study the 1m chart more... Seems it's not all just noise like most traders say.
solid!
i dont look at crosses but nice one. i got out of eu with small loss.

not my normal rik ofc 30% of normal when trading against the main trend
offering my system to copy trade. check my link
  • #265
  • Apr 5, 2021 10:48am Apr 5, 2021 10:48am
one more thing to point out.
i knew there were news comin out
now just see how it did not affect our trading

possitive for the dollar and still dollar got weeker

point is, dont care about the news, do your thing and you weill be fine
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.jpg Size: 47 KB
offering my system to copy trade. check my link
  • #266
  • Apr 5, 2021 11:10am Apr 5, 2021 11:10am
Quoting nikosk0
one more thing to point out. i knew there were news comin out now just see how it did not affect our trading possitive for the dollar and still dollar got weeker point is, dont care about the news, do your thing and you weill be fine {image}
Lol I don't even remember there's a calendar (I hope I don't forget when I start trading an FTMO account).
Price will go where price wants.
  • #267
  • Apr 5, 2021 11:51am Apr 5, 2021 11:51am
Quoting Koop
{quote} Lol I don't even remember there's a calendar (I hope I don't forget when I start trading an FTMO account). Price will go where price wants.
thats the one thing thats pissing me off with them.
litterally i've backed from excellent trades only for this stupid rule and a ton of times i forgot to check for news before taking a trade. i was lucky so far

now i am doing 2 other firms that dont have such restriction. am only waiting to make some money and see if they pay
offering my system to copy trade. check my link
  • #268
  • Apr 5, 2021 4:24pm Apr 5, 2021 4:24pm
Quoting dokopy
{quote} How do I set the indicator to show any activity? See only the original graph.
you must define your own SR lines, Trendline or SR/SD zones manually..and the indi will give you alert when the price touch your lines
  • #269
  • Apr 5, 2021 7:55pm Apr 5, 2021 7:55pm
Quoting nikosk0
{quote} 1. we only care about the low that preceeded the new swing high with a big volatile move 2. its visual, any chopy price action gets discoualified 3. because there are HH's and LL's but you really cant identify them, its really chopy 4. a new high signifies the start of a new up trend (at least one leg of it), in most cases a new low signifies the start of a new down trend (at least one leg of it), in most cases so basicaly, you just trade with the trend, but you dont buy while its going up, you buy when it retests its low after it has made...
How do you identify the trend ? and in which TF?

trend up when you have HH, HL,HH,HL
trend down when you have LH,LL,LH,LL
and that is with wick or without wick?

Allow me to keep momentan the EMA50 and 200 in the chart or clarify the question of the trend/bias
1/ in D1 we have a general up trend, but look at the last 1 month we have down trend, look at last 5 days we have HH,HL,HH so up trend.... what is your bias then, UP or down?
2/ In second picture TF H1 clearly we have UP as there is HH,HL,HH....
3/ In third picture TF M15 again clearly a UP bias, but the top has come into a consolidation, we are about to breakout to the south side

so which bias or which trend is valid for you

I allow me to leave the EMA 0 and EMA200 in the pictures, as retailers often think i the price still above EMA50 they stay with the trend. and i price still above a EMA200 that is a premium market, or the sell market .... that in general will be opposite to out understanding of trend using only HH, HL, LL, LH

Please be specific, what trend you see for GU at the moment, 05/Apr/2021? and why?

I am also asking because your chart sometime use D1, H4, M15, and some are also M5, when you say trading with the trend then which TF, inc ase like I express for GU in the last few trading days which trend are you in?
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  • #270
  • Apr 5, 2021 10:43pm Apr 5, 2021 10:43pm
Quoting ntk
{quote} How do you identify the trend ? and in which TF? trend up when you have HH, HL,HH,HL trend down when you have LH,LL,LH,LL and that is with wick or without wick? Allow me to keep momentan the EMA50 and 200 in the chart or clarify the question of the trend/bias 1/ in D1 we have a general up trend, but look at the last 1 month we have down trend, look at last 5 days we have HH,HL,HH so up trend.... what is your bias then, UP or down? 2/ In second picture TF H1 clearly we have UP as there is HH,HL,HH.... 3/ In third picture TF M15 again clearly...
hi
first off let me clarify i am not a mentor and i dont get paid. to explain all that to you i need to re-write the thread all over again. do what you wish with your charts but if you want to learn this system get rid of all that mess of indicators

i'll give u a few tips.
the daily the way you have made the markings looks like a downtrend but you have the lines wrong. it has crossed up the pb zone so it has changed for now, need confirmation to sort. you will get it only from lower timeframe 1hr-4hr

start by using one timefframe. 5m is ok, plenty of opportunity to excersise

ps. that stop loss blue lines u are using are dangerous and have been made for break out trades INTRADAY ONLY on the most tradable pairs of the broker it is getting its information from

dont use your live acount.
Attached Image (click to enlarge)
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offering my system to copy trade. check my link
  • #271
  • Apr 6, 2021 2:19am Apr 6, 2021 2:19am
Quoting nikosk0
{quote} hi first off let me clarify i am not a mentor and i dont get paid. to explain all that to you i need to re-write the thread all over again. do what you wish with your charts but if you want to learn this system get rid of all that mess of indicators i'll give u a few tips. the daily the way you have made the markings looks like a downtrend but you have the lines wrong. it has crossed up the pb zone so it has changed for now, need confirmation to sort. you will get it only from lower timeframe 1hr-4hr start by using one timefframe. 5m is...
thank you for our words of warning, and "first off let me clarify i am not a mentor and i dont get paid." especially because of that I hope to get a sincere answer how to deal with the bias

" that stop loss blue lines u are using are dangerous " that long blue line or light blue horizontal lines

I intend to post question along my reading, but now I decide I will finish reading all your thread before post more question, I like to understand our stuff fully and correctly. I hope you remember the BIAS and see cases to help me with.
Attached Image (click to enlarge)
Click to Enlarge Name: GU M5.png Size: 42 KB
  • #272
  • Apr 6, 2021 2:36am Apr 6, 2021 2:36am
Quoting ntk
{quote} thank you for our words of warning, and "first off let me clarify i am not a mentor and i dont get paid." especially because of that I hope to get a sincere answer how to deal with the bias " that stop loss blue lines u are using are dangerous " that long blue line or light blue horizontal lines I intend to post question along my reading, but now I decide I will finish reading all your thread before post more question, I like to understand our stuff fully and correctly. I hope you remember the BIAS and see cases to help me with. {image}
i was talking about he lines in the pic cirlced blue. crowed stop loss indicator or something is called.

if its recent i will remember i guess. but i think an image is enough
offering my system to copy trade. check my link
  • #273
  • Apr 6, 2021 8:41am Apr 6, 2021 8:41am
2 bes n 2 wins today.

bes were similar but didnt perform
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offering my system to copy trade. check my link
  • #274
  • Apr 6, 2021 4:11pm Apr 6, 2021 4:11pm
Quoting nikosk0
{quote} hi first off let me clarify i am not a mentor and i dont get paid. to explain all that to you i need to re-write the thread all over again. do what you wish with your charts but if you want to learn this system get rid of all that mess of indicators i'll give u a few tips. the daily the way you have made the markings looks like a downtrend but you have the lines wrong. it has crossed up the pb zone so it has changed for now, need confirmation to sort. you will get it only from lower timeframe 1hr-4hr start by using one timefframe. 5m is...
hi Nikosk0

With reference to "it has crossed up the pb zone so it has changed for now, need confirmation to sort"

Would you mind to show in a little more detail of
1. it has crossed up the pb zone
2. need confirmation to short

I always get caught at the bottom of a bullish trend, because i kept shorting from 'supply zone' in higher timeframe, like the yellow circle shown in the GU example here.

P.S I am trading higher timeframe, so i would short at the yellow circle n have TP as the demand zone at the red box below.
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  • #275
  • Apr 6, 2021 11:19pm Apr 6, 2021 11:19pm
a very quick one on EU 5M

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  • #276
  • Edited Apr 7, 2021 12:33am Apr 6, 2021 11:29pm | Edited Apr 7, 2021 12:33am
Quoting luckyvictor
{quote} hi Nikosk0 With reference to "it has crossed up the pb zone so it has changed for now, need confirmation to sort" Would you mind to show in a little more detail of 1. it has crossed up the pb zone 2. need confirmation to short I always get caught at the bottom of a bullish trend, because i kept shorting from 'supply zone' in higher timeframe, like the yellow circle shown in the GU example here. P.S I am trading higher timeframe, so i would short at the yellow circle n have TP as the demand zone at the red box below. {image}
"supply zones" or previous lower lows for me, interest me only the first time, not the second one

you could tell the second time it would propably fail from 3 reasons, 1 it took too much time to go down, second in the second image the one marked is not just a high, it is a higher high of a lower timeframe and it also failed to make a lower low on 4hr (you can see this in my chart). that alone is your exit criteria. in the first test price went down fast, and that is the price action we are looking for, not slow and choppy markets. if slow and choppy get out cause you never know whats gonna happen
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today also it was bound to go down
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if you want to trade supply and demand alongside market structure keep in mind that sad zones should only be used the first time and not everytime. and also they need to be fresh (for me)
offering my system to copy trade. check my link
  • #277
  • Edited 1:02am Apr 7, 2021 12:09am | Edited 1:02am
Quoting Maddin
a very quick one on EU 5M {image}
excellent, took the exact same trade! then i took a los right after :/ and a win right after. lol i have edited like 4 times

when markets trends like that it pisses me off. you can only do precision guesswork as to were its gonna reverse and take small trades.
its doin random things. i hate it

bu thisis the importance of structure, you dont just entrer, you wait for someone else to reverse it and enter at the rerest.

that way you avoid overtradeing

i edited again to show the reasoning of the trades on the graph if someone does not understand it
(that should make it at least 5 edits hahah)
Attached Image (click to enlarge)
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offering my system to copy trade. check my link
  • #278
  • Apr 7, 2021 12:48am Apr 7, 2021 12:48am
IF THE ZONE HOLDS
thats my plan

i anticipate that this will happen. if it does happen i will take the trade.if it doesnt happen, oh well, on to the next one
Attached Image(s) (click to enlarge)
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offering my system to copy trade. check my link
  • #279
  • Apr 7, 2021 3:52am Apr 7, 2021 3:52am
Great thread Nikos.
A question.......how do you differentiate between the choppy areas and tradable zones ?
Can this be traded on the M1 chart?
  • #280
  • Apr 7, 2021 5:47am Apr 7, 2021 5:47am
Completely agree great thread.

Hi NikoskO

How can we make more objective the definition of highs and lows, that the only thing that i find more difficult,

I use the zig zag but depending on the value that you set it at will find longer or shorter swings,

Do you have any specific way of defining the swings so it makes it easier to find or just visually and practice?

Thanks
Kind regards
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