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Plan the Trade

  • #13,941
  • Apr 26, 2021 2:28pm Apr 26, 2021 2:28pm
Quoting onejester
{quote} Are your parameters the same on trade entry & stop? I've certainly noticed the choppiness of late, but have managed to beat taking too many trades out of my system.
all parameters the same as on 20 second just doing it on 40 second had net 7 wins last week
  • #13,942
  • Apr 26, 2021 5:11pm Apr 26, 2021 5:11pm
did a short 3 minute video
Inserted Video
  • #13,943
  • Apr 27, 2021 7:51am Apr 27, 2021 7:51am
rough day today was in the hole 2 losses with an assortment of +2s and +12s and 1 +20 i managed to end up +_12
  • #13,944
  • Apr 27, 2021 8:03am Apr 27, 2021 8:03am
..biggest win today - +350T from the 5min close below support / 200EMA / Stoch cross - momentum was strong so held targeting S1 after the solid close below the pivot.
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  • #13,945
  • Apr 27, 2021 8:57am Apr 27, 2021 8:57am
A complete no trade day for me. Saw it was oil inventories, & didn't like pa. Well done Noeyedear, k*king stonking...
'in less than half an hour he made over 100 ticks'
  • #13,946
  • Apr 28, 2021 7:31am Apr 28, 2021 7:31am
..took the break of the bull bar from the bounce off S1 w/stoch also signalling bullish divergence - initially targeting the 200EMA; momentum continued so moved stops to b/e +2 and held on for a tag of the Pivot. Closed there for +218T. Can't quite believe how well the pivot levels have worked as a guide this week so far.

For any who are interested, the slow stoch settings are 46,8,10.

Sidelines for me now, might take a look after FOMC.
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  • #13,947
  • Apr 29, 2021 7:53am Apr 29, 2021 7:53am
Quoting Divergence
did a short 3 minute video https://youtu.be/YAurfpbYR9o
thx for the video , 40 s chart looks better.

got today 2 x +1
  • #13,948
  • Apr 29, 2021 8:23am Apr 29, 2021 8:23am
..had a best trade day again today - conscious that what i'm doing is different to the regulars and good to see others picking up H's strat, so i'll stop posting charts moving forward to reduce the pollution. Tempted to start a journal thread of my own but will probably end up off-line to really focus on turning this into a business.
  • #13,949
  • Edited 8:53am Apr 29, 2021 8:28am | Edited 8:53am
Really pleased for you mate, looking forward to getting there myself . Don't mind you posting, it is good to see the progress.
'in less than half an hour he made over 100 ticks'
  • #13,950
  • Apr 30, 2021 10:29am Apr 30, 2021 10:29am
Just marking up some of the 123's I identified today according to Harold's strategy.
Would these ones have been correct?
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  • #13,951
  • Apr 30, 2021 10:57am Apr 30, 2021 10:57am
Quoting trader-f1
Just marking up some of the 123's I identified today according to Harold's strategy. Would these ones have been correct? {image}
you only got 1 correct inside bars are not part of 123s
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  • #13,952
  • Apr 30, 2021 11:16am Apr 30, 2021 11:16am
Quoting Divergence
{quote} you only got 1 correct inside bars are not part of 123s {image}
Thank you, Harold!!! I guess I understand what you mean.
Just a bit confused by your markings. The only one which is a pullback is the first one you marked with an "X", correct?
The last one you put a checkmark on are inside bars as well...
Thanks again!!
  • #13,953
  • Apr 30, 2021 12:09pm Apr 30, 2021 12:09pm
Quoting trader-f1
{quote} Thank you, Harold!!! I guess I understand what you mean. Just a bit confused by your markings. The only one which is a pullback is the first one you marked with an "X", correct? The last one you put a checkmark on are inside bars as well... Thanks again!!
the lasr one looked to me that the red and blue candle are doubled bottomed if so the red is point 1 the blue is point 2 a double top then the point 3 candle. If the blue candle wasnt doubled bottom then yes just inside bars and no set up. The 2 to the left were 123s
  • #13,954
  • Apr 30, 2021 12:39pm Apr 30, 2021 12:39pm
Quoting Divergence
{quote} the lasr one looked to me that the red and blue candle are doubled bottomed if so the red is point 1 the blue is point 2 a double top then the point 3 candle. If the blue candle wasnt doubled bottom then yes just inside bars and no set up. The 2 to the left were 123s
Ok, thanks. I think I got it.
I will spend more time watching your videos and mark up more charts later.
Have a nice weekend!
  • #13,955
  • Apr 30, 2021 1:46pm Apr 30, 2021 1:46pm
short little video explaining inside bars and what to do with them and how to spot the 123
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  • #13,956
  • May 1, 2021 1:35am May 1, 2021 1:35am
Quoting Divergence
short little video explaining inside bars and what to do with them and how to spot the 123 https://youtu.be/caaP0m5GMbo
Thank you for the clarifying video, Harold. Much appreciated.
  • #13,957
  • May 1, 2021 5:48am May 1, 2021 5:48am
Went back to Thu (29/4)
If you could please take a look at the charts? Thanks!
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  • #13,958
  • May 1, 2021 7:10am May 1, 2021 7:10am
Quoting trader-f1
Went back to Thu (29/4) If you could please take a look at the charts? Thanks! {image} {image} {image}
let me define a 123 when we are trending making Higher highs and higher lows and the last swing doesnt make a higher thats a 123 all the ones you showed except the last ones didnt meet that criteria
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  • #13,959
  • May 1, 2021 10:12am May 1, 2021 10:12am
Ok, thanks again, Harold.
Seems like I am an specialist at finding trades where there aren't any...
I will be studying more...
  • #13,960
  • May 3, 2021 1:22pm May 3, 2021 1:22pm
Another try at today's session.
Thanks for the feedback...
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