Morning campers!
Long Dax at the D-Lo
EDIT Out +51
Long Dax at the D-Lo
EDIT Out +51
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DislikedLate posting, Long Dax just below D-Lo Will hold over the weekend SL at BE {image}Ignored
DislikedHi Stev I want to clear some points from your trading style. 1. are you confirming trend with higher time frame like 1 hr / 4 hrs when taking these trades. 2. confirming with support and resistance zones or trendlines since i have not seen any zones/trendline on your charts 3. Confirming with volume /market profile 4. confirming with 1m / 5m/ 15m chart since i have observed that you used to trade with such low time frame also e.g.1 minutes. kindly through some light which time frame is better 5m/ 15m. thanks vijayIgnored
Disliked{quote} Hi Vijay 1. Yes 2. Yes using pivots, ADR and Price action to confirm S&R zones (i also use 2 other pivot programs to help confirm) 3. No 4. I trade mostly 15m but look at 1hr and 4hr to give me perspective. I've been doing this over 20 years so its all become instinctive and automatic, i dont really think about it any more so there are probably other factors that go into the decision making but in all fairness i know within seconds if i should pull the trigger or not. Its nothing magical, its like any other skill in life, repetition, repetition,...Ignored
Disliked{quote} Yes stev you are spot on with all my queries and you are right. Since i am also using Pivot Prof. just to confirm which other 2 pivot programs you use for confirmation. This will be very useful for new traders like me. Thanks again for replying.Ignored
Disliked{quote} Out of much respect for Maxdoom i will not post them on here as PivotProf is a good solid stand alone pivot indicator program. What i will say is check out Davit and Claudia1 posts on FF and you will find them. They are no better than PivotProf, i just use them for confirmation of what i already get from PivotProfIgnored