Correct me if i'm wrong/misinformed.
Face 'ur fears & tame 'ur greed
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Dislikedstrong M5 zone. I thought it would collapse but it double-bottomed. M15 LH taken out as well. {image}Ignored
Disliked{quote} In a scale of 10 how many profitable trades you had using your observations? 9+ Here is a year of trading. My floating DD never exceeds 5%, because that is my loss cuttoff. Typically, it doesn't exceed 1%. Annual profit was about 40%. As you can see from the plot, I go for small, consistent wins. {image}Ignored
Disliked{quote} In a scale of 10 how many profitable trades you had using your observations? 9+ Here is a year of trading. My floating DD never exceeds 5%, because that is my loss cuttoff. Typically, it doesn't exceed 1%. Annual profit was about 40%. As you can see from the plot, I go for small, consistent wins. {image}Ignored
Disliked{quote} By the way, why be concerned about the H4??? It CANNOT stop going up if the H2 doesn't stop. And H2 CANNOT stop going up if the H1 doesn't stop. And H1 CANNOT stop going up if M30 does not stop. I think you get the progression, no?Ignored
Disliked{quote} Thanks for that. but I already do top-down analysis. {quote} And with my version, I check for potential entries on whichever TF is "in focus". So in general, I favor no particular TF, unlike in the analysis that you cited.Ignored
Disliked{quote} In a scale of 10 how many profitable trades you had using your observations? 9+ Here is a year of trading. My floating DD never exceeds 5%, because that is my loss cuttoff. Typically, it doesn't exceed 1%. Annual profit was about 40%. As you can see from the plot, I go for small, consistent wins. {image}Ignored
Disliked{quote} I can assure you that not everyone was selling GBPUSD today ... I never use SMA50 and do fine without it.Ignored
Disliked{quote} What happened on GBPUSD 5min? Did it work, did you close it manually?????? {image}Ignored
DislikedAnyways got knocked out of my sell at breakeven Retested Asia range then huge bull wave which I was unprepared for (came to the charts without a plan which is never a good idea) Anyways feeling frustrated I decided to short the Dow (with low position size). I have dreams of 35000 and it starts off good, i'm like 6xR up at one point NYSE opens and creams my breakeven stop Zero day. Hope everyone here had better luck {image} {image}Ignored
Disliked{quote} Hi Guys, Important levels are currently being broken. My Yearly Midpoint at 1.3500. George's decider level is at 1.3528. My yearly open at 1.35352. My monthly pivot at 1.35172. We need a weekly close above 1.35658 which is last week's candle open which could give some momentum to bulls. I am in with a buy trade just above 1.3500. My system is giving me bullish confirmation signals and I will add buy trades on pullbacks. It is still iffy at the moment and a strong close below 1.3500 today will negate my bullish bias. London open should...Ignored
Disliked{quote} Very impressive! The only thing I don't understand is how your total profit is 40% for one year of trading. To make a living with that low of a profit margin you'd need a massive account size far bigger than the average retail trader.Ignored
Disliked{quote} Very impressive! The only thing I don't understand is how your total profit is 40% for one year of trading. To make a living with that low of a profit margin you'd need a massive account size far bigger than the average retail trader.Ignored
Disliked{quote} very true, when using time timeframe does not matter, and time does not overlap unless changing direction and starts with price interacting with smallest time first and force it to overlap next larger time, smallest time is a leading role while biggest time guide/direction role. M1 TF, 4H range with 1H 2H 4H MA's {image} cheers,Ignored