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Tease Me more @cpfleger

  • #2,481
  • Nov 16, 2023 9:55am Nov 16, 2023 9:55am
Quoting Kraneos
Excellent! , but be careful, M1 is not for everyone.
Yeah for sure, I trade 1M when I trade the silver bullet and other strats, but I use less risk, the thing is 1m has a lot of opportunities that allows you to forward test the strat, but my idea is to use the 5min and 1h
  • #2,482
  • Nov 16, 2023 10:02am Nov 16, 2023 10:02am
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  • #2,483
  • Nov 16, 2023 10:08am Nov 16, 2023 10:08am
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  • #2,484
  • Nov 16, 2023 11:44am Nov 16, 2023 11:44am
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Saludos, K.
  • #2,485
  • Nov 16, 2023 11:54am Nov 16, 2023 11:54am
Kraneos, if you don't mind me asking, how do you avoid getting induced in the points I circled in white. I was watching EU as well, and as I use orderblocks to determine where it could turn around I did not take those trades, but would like to know your opinion. At those points a down arrow had printed, the candle was below the channel, the body of the recently printed candle surpassed the body of the previous candle, and extreme spike had printed a red spike.

By most logic some trader could be induced into shorting there, my only idea is the wick not clearly surpassing the previous 3 candles, but the same could be applied to the first buy you took which was a counter trend.

Thanks in advance, and sorry for the tedious question.
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  • #2,486
  • Edited 12:25pm Nov 16, 2023 12:03pm | Edited 12:25pm
Quoting roanfox
Kraneos, if you don't mind me asking, how do you avoid getting induced in the points I circled in white. I was watching EU as well, and as I use orderblocks to determine where it could turn around I did not take those trades, but would like to know your opinion. At those points a down arrow had printed, the candle was below the channel, the body of the recently printed candle surpassed the body of the previous candle, and extreme spike had printed a red spike. By most logic some trader could be induced into shorting there, my only idea is the wick...
I open the trade because I see Spike, yellow arrow, and crossing emas below and then channel to add more.
I hold the trade with trailing stop as always.
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I don't know what your trading level is, my apologies, but you have other templates in this thread, perhaps easier, that made learning a lot easier for me.
This one, for example, from Maestro C. is fabulous to start with.
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Saludos, K.
  • #2,487
  • Edited 1:28pm Nov 16, 2023 12:28pm | Edited 1:28pm
Quoting Kraneos
{quote} I open the trade because I see Spike, yellow arrow, and crossing emas below and then channel to add more. I hold the trade with trailing stop as always. {image} I don't know what your trading level is, my apologies, but you have other templates in this thread, perhaps easier, that made learning a lot easier for me.
Don't worry about it, thanks for the answer. Actually I have quite a lot of experience, but my usual trading strategy gives me a lot of anxiety, and by trading this I am way more relaxed.

As I said in the previous post, I understand why do you enter a trade, but my question is how do you evade fake signals in terms of all of the rules for the trade entry being given, but most of the indicators being repainted afterwards. In the points I pointed, specifically in the second one, there was a yellow down arrow (later repainted), candle printed below the channel (which got extended afterwards, when the trade was invalidated), emas got crossed, and there was a red spike (which got as well, removed afterwards). I use high probability SR zones to determine good areas for a counter trade, I knew there was not a zone here so I did not take the short, but I would like to know how you don't get into that short considering all of the rules for entry were given.

I ask you because I see you have a lot of success with the strat, specifically with the 1m. I don't get this trouble with the 5 min or 1 h, which I have been using for success, but as I said I really like the 1 min for testing and improving entries/exits. If you just take the loss that's ok, I am just trying to figure out if there is something I am not seeing.

Thanks a lot for the answers again! and sorry for writing such a long text

EDIT: Thanks for the other template, I have it and use it as well.

EDIT 2: Gonna show a small position I just lost, I was in profit for a brief moment, did not close the trade in that profit as there was no indication it had stopped going up, I finally closed it a very small loss correctly as it went down further. Any ideas on what I should improve in a trade like this?
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  • #2,488
  • Nov 16, 2023 3:25pm Nov 16, 2023 3:25pm
Quoting roanfox
{quote} Don't worry about it, thanks for the answer. Actually I have quite a lot of experience, but my usual trading strategy gives me a lot of anxiety, and by trading this I am way more relaxed. As I said in the previous post, I understand why do you enter a trade, but my question is how do you evade fake signals in terms of all of the rules for the trade entry being given, but most of the indicators being repainted afterwards. In the points I pointed, specifically in the second one, there was a yellow down arrow (later repainted), candle printed...
Dear friend, the market is that treacherous.
My advice if you decided not to go out in Zigzagm?, breakeven and then trailing stop.
Saludos, K.
  • #2,489
  • Nov 16, 2023 3:45pm Nov 16, 2023 3:45pm
Tip:
Do you want safer operations?...
Observe after crossing the emas, the passage through level 50 of the green line below and tell me how it went.
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Saludos, K.
  • #2,490
  • Nov 16, 2023 3:51pm Nov 16, 2023 3:51pm
Quoting Kraneos
{quote} Dear friend, the market is that treacherous. My advice if you decided not to go out in Zigzagm?, breakeven and then trailing stop.
Yeah my bad there, so as soon as I saw Zigzagm printed, I should have gotten out and I did not, as I got greedy. Afterwards I trailed my stop to a smaller loss (which was triggered) but did not went for breakeven. My bad, live and learn. Thanks kraneos



Quoting Kraneos
Tip: Do you want safer operations?... Observe after crossing the emas, the passage through level 50 of the green line below and tell me how it went. {image}
Great suggestion, thanks a lot! gonna be applying it soon and see how it goes, cheers.
  • #2,491
  • Nov 16, 2023 4:08pm Nov 16, 2023 4:08pm
Quoting Kraneos
Tip: Do you want safer operations?... Observe after crossing the emas, the passage through level 50 of the green line below and tell me how it went. {image}
Woww... You discover my secret in no time.
Those MAs really help alot with spike combination. I still looking for more secret between them.
xinitial.
  • #2,492
  • Nov 16, 2023 4:10pm Nov 16, 2023 4:10pm
Quoting roanfox
{quote} Hey Xinitial!, got a question on the channel, I notice that most of the times if I get in a trade following the rules, new candles start appearing outside of the channel, should I cut the trade once a candle fully prints outside the channel? The problem with this is most of the times this just means price action is going sideways, so when price once again goes in the direction of the channel, the channel expands and the trend is inside it again. Or should I just manage the trade by watching wicks, arrows and extreme spikes?
I think krabeos already help me to aswer your question.
xinitial.
  • #2,493
  • Nov 16, 2023 4:14pm Nov 16, 2023 4:14pm
Quoting Kraneos
Operating live, M1.{image} Europe 16:52h PM CLOSE 1.08760 {image}
Cool... Don't stop teasing me at m1
xinitial.
  • #2,494
  • Nov 16, 2023 4:16pm Nov 16, 2023 4:16pm
Quoting cpfleger
{image}
I'm always behind you, following in your footsteps in big tf .
xinitial.
  • #2,495
  • Nov 16, 2023 7:05pm Nov 16, 2023 7:05pm
1st trade.
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and boommm....
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xinitial.
  • #2,496
  • Nov 16, 2023 10:52pm Nov 16, 2023 10:52pm
Got this from my reading. Interesting quote.

If I am "hoping" for more that means GREED has raised it's ugly head again.

xinitial.
  • #2,497
  • Nov 16, 2023 11:40pm Nov 16, 2023 11:40pm
Quoting xinitial
{quote} Woww... You discover my secret in no time. Those MAs really help alot with spike combination. I still looking for more secret between them. xinitial.
You're referring to the W%R (14) and what is the other squiggly?
Good Trading
  • #2,498
  • Nov 16, 2023 11:54pm Nov 16, 2023 11:54pm
Quoting xinitial
1st trade. {image} and boommm.... {image} xinitial.
hey bro, so sorry, if you dont mind , can i have your full set of indicators and template for this? I want to practice but I notice that the system is a bit different now compared to the first post. Thank you very very much
  • #2,499
  • Nov 17, 2023 12:07am Nov 17, 2023 12:07am
Quoting aud
{quote} You're referring to the W%R (14) and what is the other squiggly?
5ma and 13ma. nothing special.
xinitial.
  • #2,500
  • Nov 17, 2023 12:09am Nov 17, 2023 12:09am
Quoting benjamintoh8
{quote} hey bro, so sorry, if you dont mind , can i have your full set of indicators and template for this? I want to practice but I notice that the system is a bit different now compared to the first post. Thank you very very much
Nothing change if you get used to it.
I already share the template. You can find it within last page.
xinitial.
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