The Small Turtle System (Donchian Trend +MACD)

learning chart
aud nzd 4hour
i waiting for chance i will not take it until this trend broken in 1 hour no one can predict the market

I dont take it trend in hour not broken

I am looking for a cheap entry on GBPNZD 12 H.
Going down to the h4 and M15, GBPNZD is making a textbook Elliot Wave 2 (yes I am an EW fan).
As long as Donchian remains blue, and my DT oscillator on the 2,5 D chart remains bullish, L will take the next trigger, maybe on 15M, with a stop at the bottom of W1.

When the trend dont broken in 1 hour
To take buy in 4 hour
I go sell with the trend in 1 hour
Audnzd 1 hour

I took sell because the one hour engulfing sell candle return from trend and macd line
Cross in one hour

learning chart
aud jpy daily
aud jpy 4 hour the reasons i may be look for this
1- price return from weekly resistance
2-in the direction of trend
3- the cluster of candle touch this area and return
4- a candle must broken the trend in 4hour and close if no no trade and i will look for other chance
5-after all this reasons if completed the trade may be lossso decrease risk
every one must be patient to all reason to completed if no dont take the trade
until now i dont take because trend in 4 hour dont broken and price may return and go up
this is no more than trade but i write this to learn new traders how to prepare there trade and learn to be patient for any chance to be completed
i must analysis the lower and bigger time frame look for price action if there is good conditions and my indicators confirm the trade take it
and after all this may be lose but for me no problem because in this case you do you work

I took this sell now
I seem it loser until market confirm the opposite
Eurgbp 1 hour

The reasons why i took this trade
1-sell pin bar candle in 1hour and 4hour
2-price return from daily resistance
3-price return from 1 hour trend
4-divergence in macd and two line crose to zero level
This reasons i see it good for me to take this trade may be it lose no problem i do my work

I am not the trader how take any trade according to indicators i must analysis the condition first and if indicators confirm i took it
Every trader must learn this donot depend in indicators only

"You don’t need to know what is going to happen next to make money."
Mark Douglas said it all!

I'm ending the week with -0.3% (4 trades: 1 win, 2 losses, 1 BE).
Not much opportunities presenting itself for me this week.

And since October 31 falls on Monday and usually there is no trade on Monday,
I guess it's safe to close the trading month now.

The result for October 2022 is pretty good.
11.5% gain with 65% win rate.
I am hiding the monetary value but here are the details.

This month was a mix between 1H and 4H, with so many missed trades on 1H.
Now that I am focused on 4H and noticing the delayed entry pattern, let's see how it goes for November.

Again, thank you to Ali and people here that gave so many inputs and advice.
So, I am a normal corporate staff with (currently) a small trading account,
and this turmoil that is happening in Japan-- rising price + rising tax + flat salary + weak yen-- damages my daily life pretty bad.
Using this system helps me a lot.
Even though it's not much for now, I have been able to withdraw almost every week to cover some of the living expenses.
Don't know what would've happened if I had not discovered this thread.

Have a restful weekend, people.

hi ali can you help me how you manage trade ?do you trail? do you risk free? by the way are you iranian like me?

Market confirm that i was right and give me some money

I closed it with 3R profit

Welcome bro
No i am not from iran

Great result

Hi Ali and members of thread. This week very productive for me. My account grow about %9, ı use rules of page 1. My best two trades of this week.

<p>[quote=Alihelmy123;14201084]I closed it with 3R profit

Cool Ali
my best with this system was 4 R, If I can do it, anybody can.
(And it was respecting my rules exactly.)
You all have a fantastic weekend.

If you can understand German, or use the youtube translator, here is a video on Big Players, made by the best german trader I know:



Otherwise, just check the numbers of Goldmann Sachs:

-In the last 12 years they have a daily winning rate of almost a whopping 90%.
Now in the video is explained how they do it.
Now guess who pays for their massive profits the most?
You guessed it, you and I retailer dreamers.
So as I mentioned before, in my humble, our only chance is to somehow, through a system" try to follow the Big Boys' footsteps.

Continuing:
the biggest High-Frequency trader had in roughly 3 years
one single losing day!!!!!!!!!!!!!!!