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Market Structure Only- keep your charts clean

  • #441
  • Edited 5:23am May 18, 2021 3:45am | Edited 5:23am
Watching and stalking price on

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  • #442
  • May 18, 2021 4:24am May 18, 2021 4:24am
Quoting Koop
Lol somebody help me, losing my mind. personal second greatest pain to getting stopped at B.E on a good trade is ... taking profit too early right before price shoots further. {image}
oh i dont even care about that. once i take profit i dont give a shit what hapens nexts.

i remember everytime that i took profit early and i dont remember any time i got stoped out instead of taking profit.

when i tried to let my winners run further for a month or so i just got destroyed

so i just take profits and dont care about the future, i only care about the next setup.

anyway, prety wacky day for me today, apart from the eu long that i didnt take, i got nothing else, didnt trade
offering my system to copy trade. check my link
  • #443
  • May 18, 2021 4:48am May 18, 2021 4:48am
Quoting Koop
Lol somebody help me, losing my mind. personal second greatest pain to getting stopped at B.E on a good trade is ... taking profit too early right before price shoots further. {image}
Yea, i know how you feel but it will always happen so get used to it, it took me long before getting used to it. Cheers
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #444
  • May 18, 2021 7:05am May 18, 2021 7:05am
Quoting Koop
Watching and stalking price on {image} {image} {image}
Anyone catch the USDCAD projection?
While I was waiting to jump on it, GBPUSD entered the zone I was waiting for, so I took it instead..... Regrettably!
GBPUSD is now ranging while USDCAD is progressing.

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  • #445
  • May 18, 2021 7:55am May 18, 2021 7:55am
Quoting Koop
{quote} Anyone catch the USDCAD projection? While I was waiting to jump on it, GBPUSD entered the zone I was waiting for, so I took it instead..... Regrettably! GBPUSD is now ranging while USDCAD is progressing. {image}
cad can go fuck itself these days...

wait enter spot out
wait enter stop out
.
.
.
wait enter stop out
.
.
.
wait UNLOAD 2 FUCKING TRUCKS, MISSED IT


I'l be waiting to sort gu higher, if gu doesnt like a zone it reverses one way no shit involved. if it ranges it is ussually continuation, see below ( i also shared my view on it on the cable thread, i'll post links below. dont know if the zones are clear to you, 1hr and 4hr were clean at the time tho. daily is more difficult to spot the pa of 30m-1hr
https://www.forexfactory.com/thread/...2#post13535542
https://www.forexfactory.com/thread/...6#post13538386
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offering my system to copy trade. check my link
  • #446
  • May 18, 2021 8:21am May 18, 2021 8:21am
btw this is the best setup on USDCHF you can ask for
i havent seen it fail once but happens rarelly. i have seen it less than 10 times in the past year
it needs to look exactly like this, not similar to this

has happned 3 times this year
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offering my system to copy trade. check my link
  • #447
  • May 19, 2021 6:02am May 19, 2021 6:02am
What a great day to forget to set a Take Profit.
UsdJpy Long earlier today. As always, was aiming for 3R but I got distracted and didn't set TP.
Came back to see 5R.
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Beautiful set up on Cadchf around the same time... But I didn't take it. I don't take more than one trade at a time unless I've been able to move SL to B.E on the first trade.

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  • #448
  • May 19, 2021 7:14am May 19, 2021 7:14am
Eyes on UsdChf - Structure broken. Expecting new Lower High.
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  • #449
  • May 19, 2021 8:48am May 19, 2021 8:48am
Quoting Koop
What a great day to forget to set a Take Profit. UsdJpy Long earlier today. As always, was aiming for 3R but I got distracted and didn't set TP. Came back to see 5R. {image} Beautiful set up on Cadchf around the same time... But I didn't take it. I don't take more than one trade at a time unless I've been able to move SL to B.E on the first trade. {image}
excellent work and excellent tp not set as well. i had a look at uj but prefered uc long. did well enought, took 2 longs bothexited at their tops.

then had a sort limit order on eu that was missed for (see image) the sucker
so basically i have half of the position i wanted to have. i added 2 quarters a while ago since my full position missed the entry

ps. UJ is a son of a bitch for a pair. if you ever manage to get an entry, just hold it for 20-30rr it can easilly do it. i wast tradign it for months cause it was never reversing, it just kept goin and goin and going non stop forever

ps2. just saw uj nowm ama i glad i didnt take the long, what a massive drop after that nice up move
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offering my system to copy trade. check my link
  • #450
  • May 19, 2021 10:48am May 19, 2021 10:48am
Quoting nikosk0
{quote} excellent work and excellent tp not set as well. i had a look at uj but prefered uc long. did well enought, took 2 longs bothexited at their tops. then had a sort limit order on eu that was missed for (see image) the sucker so basically i have half of the position i wanted to have. i added 2 quarters a while ago since my full position missed the entry ps. UJ is a son of a bitch for a pair. if you ever manage to get an entry, just hold it for 20-30rr it can easilly do it....
Are you still in the EU trade?

UJ and UC annoy me most of the time, but when they move they move really well.

Do you still trade US30? haven't seen you post it recently. I've been hearing that indices move a lot more than currency pairs daily, currently observing.
  • #451
  • May 19, 2021 10:51am May 19, 2021 10:51am
Quoting Koop
{quote} Are you still in the EU trade? UJ and UC annoy me most of the time, but when they move they move really well. Do you still trade US30? haven't seen you post it recently. I've been hearing that indices move a lot more than currency pairs daily, currently observing.
Yes, US30 has ranged over 400 pips today, but that is only 125% of its 20 day avg ADR.
  • #452
  • May 19, 2021 11:21am May 19, 2021 11:21am
Quoting Koop
{quote} Are you still in the EU trade? UJ and UC annoy me most of the time, but when they move they move really well. Do you still trade US30? haven't seen you post it recently. I've been hearing that indices move a lot more than currency pairs daily, currently observing.
Ofc i am. I never exit when news are around the corner. I love them.

Reentered uc long as well.

Just an awesome day.

Exited 1 position from eu.

Indices move nice but i have them as secondary. I prefer eu gu uc uchf
offering my system to copy trade. check my link
  • #453
  • May 19, 2021 11:59am May 19, 2021 11:59am
Hello dear friends. I have been paying attention to the discussions in this forum for some time, and in comparison with other forums, I realized that the trading strategy in this forum is more accurate. Based on my programming knowledge, I am developing a dashboard that is almost a lot done. I recently traded with a real account, but in this account, I have currently disabled its automatic trading section, and the dashboard only sends me its signals.
Part of this dashboard is what I learned from your forum. For this part, I first used the fractal indicator, but it was not accurate. I have now changed it to zigzag. I would like to provide you with this zigzag section after completing this section. I think it can be useful for you. I saw your effort and I admire it. If you have any suggestions in this regard, I will do it in the development phase of this zigzag. Hoping for your success.

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This is the part of my dashboard that is active. Other functions that do not need to be disabled and not displayed
success comes from finding win-win solutions
  • #454
  • May 19, 2021 12:12pm May 19, 2021 12:12pm
Quoting pipmaster77
{quote} Yes, US30 has ranged over 400 pips today, but that is only 125% of its 20 day avg ADR.
wow, that's interesting. How do you calculate position sizes for indices? US3 for instance, any idea what a value per pip is? or dollar value per lot?

Quoting info4saeed
Hello dear friends. I have been paying attention to the discussions in this forum for some time, and in comparison with other forums, I realized that the trading strategy in this forum is more accurate. Based on my programming knowledge, I am developing a dashboard that is almost a lot done. I recently traded with a real account, but in this account, I have currently disabled its automatic trading section, and the dashboard only sends me its signals. Part of this dashboard is what I learned from your forum. For this part, I first used the fractal indicator, but it was not accurate. I have now changed it to zigzag. I would like to provide you with this zigzag section after completing this section. I think it can be useful for you. I saw your effort and I admire it. If you have any suggestions in this regard, I will do it in the development phase of this zigzag. Hoping for your success. {image}This is the part of my dashboard that is active. Other functions that do not need to be disabled and not displayed
These dashboard things confuse me, i don't know what i'm looking at or how it's relevant to the strategy being discussed here.
maybe others will find it useful.
  • #455
  • May 19, 2021 12:56pm May 19, 2021 12:56pm
Quoting Koop
{quote} wow, that's interesting. How do you calculate position sizes for indices? US3 for instance, any idea what a value per pip is? or dollar value per lot? {quote} These dashboard things confuse me, i don't know what i'm looking at or how it's relevant to the strategy being discussed here. maybe others will find it useful.
Value per pip depends on the broker. On FTMO 1.00 is 10 contracts so $10/point. On Tickmill 1.00 is 1 contract so you would need 10.00 position for $10/point. So, $1 per point per contract. That is US30. If you go in properties of the instrument on MT4, in specification it will tell you the contract size of the instrument. Any time I trade with someone new, I always open 0.01 to check.
  • #456
  • May 19, 2021 2:03pm May 19, 2021 2:03pm
Quoting Koop
{quote} wow, that's interesting. How do you calculate position sizes for indices? US3 for instance, any idea what a value per pip is? or dollar value per lot? {quote} .
check post #1 i have posted a usefull tool for that reason

Quoting Koop
These dashboard things confuse me, i don't know what i'm looking at or how it's relevant to the strategy being discussed here. maybe others will find it useful.
i will look at the dash board during the weekend, i have talked to someone to code something for me using market structure but i couldnt find the correct settings for zig zag. i did some backtesting with a lot of different calculations methods and i couldnt find any that was consistent (50% win rate and 1.5rr at least)
offering my system to copy trade. check my link
  • #457
  • May 19, 2021 2:18pm May 19, 2021 2:18pm
Quoting info4saeed
Hello dear friends. I have been paying attention to the discussions in this forum for some time, and in comparison with other forums, I realized that the trading strategy in this forum is more accurate. Based on my programming knowledge, I am developing a dashboard that is almost a lot done. I recently traded with a real account, but in this account, I have currently disabled its automatic trading section, and the dashboard only sends me its signals. Part of this dashboard is what I learned from your forum. For this part, I first used the fractal...
i asume the signals are the one on bottom left corner right?
psar for trend change
stoc for divergence
volume i dont know why, i never found it usefull
fractals or zig zag could be usefull from a 1hr perspective for 5m entries

personaly i take pullback trades that are based on exhaustion measure by mean reversion
OR continuation trades measured by sentiment and one average.

i would like to test your indi, i have things in mind that i would love to code but i have yet to find a tool that could measure the things i want the way i want for it to be automated or provide signals.

my most accurate indicator based technic is on eurusd and it works only on eurusd
but if conditions change it can destroy you if you get greedy or do certain stupid things
offering my system to copy trade. check my link
  • #458
  • May 20, 2021 12:34am May 20, 2021 12:34am
Quoting nikosk0
{quote} i asume the signals are the one on bottom left corner right? psar for trend change stoc for divergence volume i dont know why, i never found it usefull fractals or zig zag could be usefull from a 1hr perspective for 5m entries personaly i take pullback trades that are based on exhaustion measure by mean reversion OR continuation trades measured by sentiment and one average. i would like to test your indi, i have things in mind that i would love to code but i have yet to find a tool that could measure the things i want the way i want for...
There are different sections in the dashboard that have been added over time and a lot of testing and analysis of the method has been done. If it is on the screen, it shows that it has answered the test well. Column Fr is related to an indicator that is in the development stage and I have used what I have learned in your forum and I use the rules of post number one of this forum in it.
Because I saw the efforts of friends in this forum, I would like to dedicate this section to you after finishing. Maybe it can be useful for you.
In this regard, I have placed the last 3 fractals of the highest and the last 3 fractals of the lowest in an array that are calculated based on the zigzag indicator and the signal sent must be issued according to the rules of post 1 of this forum.
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success comes from finding win-win solutions
  • #459
  • May 20, 2021 2:02am May 20, 2021 2:02am
Still, I find fibs, pivots and price action the best.

NZDJPY 15 min
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  • #460
  • May 20, 2021 2:18am May 20, 2021 2:18am
Quoting snail69
Still, I find fibs, pivots and price action the best. NZDJPY 15 min {image}
what kind of pivots do you use? Classic or Fib?
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