Brilliant Swingman. Just setting up, will read the thread again and test. Thank you
Attached Image (click to enlarge)
Hello, Thanks for sharing this system SM!
I didn't read all the pages, but the first 5 I studied. More work to do. But I get stuck already now.
Maybe someone can help me out. In the picture below I see I need to only trade short as the background is brownish as the higher TF is bearish.
In the histo I see a red candle so all seems to be ready for a sell.
But....... how do I use the displayed number at the top-right side of de current candle?
For a sell an entry should be at the other side of the candle, or is it the spot to put a limit order?
Same counts for the tiny green rectangle above the last candle.
I understand this one signals a possible turn and could be seen as I spot to put a SL, am I right?
Thanks in advance,
Ben
I didn't read all the pages, but the first 5 I studied. More work to do. But I get stuck already now.
Maybe someone can help me out. In the picture below I see I need to only trade short as the background is brownish as the higher TF is bearish.
In the histo I see a red candle so all seems to be ready for a sell.
But....... how do I use the displayed number at the top-right side of de current candle?
For a sell an entry should be at the other side of the candle, or is it the spot to put a limit order?
Same counts for the tiny green rectangle above the last candle.
I understand this one signals a possible turn and could be seen as I spot to put a SL, am I right?
Thanks in advance,
Ben
- #306
- Feb 4, 2024 10:04am Feb 4, 2024 10:04am
- Joined Aug 2010 | Status: Trader | 5,352 Posts | Online Now
{quote}
Signals after crossing MAs is well known. But I was also interested in having forecast a certain price where an entry would be reasonable and possible.
gold /on Thursday, January 22nd/
M30, DeMark's DPP/as daily range/, ADX(10)/to show trend/, MFI/some kind of volume/, WMA(5)Close+WMA(5)Open CROSS preNYO-LCloseTime
charting with fxstreet
- would I expect to sell at "o"(?).., yes / can explain later /
- would I expect to buy at "o"(?).., yes...
...and I can be wrong.., of course
but I will definitely appreciate " in having forecast..." without changing my chart completely
many thanks
dolce vita
- #307
- Feb 4, 2024 10:50am Feb 4, 2024 10:50am
- Joined Aug 2010 | Status: Trader | 5,352 Posts | Online Now
to continue
gold, this week
M30, same as in previous post
M30.., "big picture"(?)
charting with fxstreet
I'd like to see during next week what "LWMA Cross" will show me /putting it manually/on gold, crude and cable M30 chart /my media time frame/
& trying probably one of earliest version of "smGoldenCross Signals" indy
...and because I trade from M1 chart keeping open M30(or M15) & H4 (!) = "out of this system /"Triple Screen" method according to Elder/ rules"
I am not sure if I am welcome here with my point of view
thank you for your patience
gold, this week
M30, same as in previous post
charting with fxstreet
I'd like to see during next week what "LWMA Cross" will show me /putting it manually/on gold, crude and cable M30 chart /my media time frame/
& trying probably one of earliest version of "smGoldenCross Signals" indy
...and because I trade from M1 chart keeping open M30(or M15) & H4 (!) = "out of this system /"Triple Screen" method according to Elder/ rules"
I am not sure if I am welcome here with my point of view
thank you for your patience
dolce vita
- #311
- Feb 5, 2024 11:43am Feb 5, 2024 11:43am
- Joined Aug 2010 | Status: Trader | 5,352 Posts | Online Now
{quote} Hello, I know the stories of Baba Vanga, and she was one of the best modern predictors, like Nostradamus... In this sense, as Baba Yaga you could perhaps predict the future and make it useful in trading, even without a Golden-Cross... "Baba Vanga was a blind Bulgarian woman with a gift of foresight. The eminent clairvoyant is renowned for several of her historical prophecies that came to pass." ----------------- In the posted chart you can also see the stop entry values at the crossings, which is very useful. I have marked some of the signals,...
thank you for your replay
I am going take it as a "yes".., welcome on the board
...however, babayaga has a slightly other story.., but no one knows for sure I guess
I will be in touch
dolce vita
- #313
- Edited 9:23am Feb 6, 2024 9:06am | Edited 9:23am
- Joined Aug 2007 | Status: Trader | 2,725 Posts
- #316
- Feb 6, 2024 11:19am Feb 6, 2024 11:19am
- Joined Aug 2010 | Status: Trader | 5,352 Posts | Online Now
will it succeed
gold
M15, Stoch, two LWMA5 C/O, Cross
...probably 2nd factor for entering was Time (after LClose ) &
3rd level (?!)
three short symbolic positions opened, two with TP/SL-30/50 & one with "wild" range of TP/SL
gold
M15, Stoch, two LWMA5 C/O, Cross
...probably 2nd factor for entering was Time (after LClose ) &
3rd level (?!)
three short symbolic positions opened, two with TP/SL-30/50 & one with "wild" range of TP/SL
dolce vita
- #317
- Feb 6, 2024 11:28am Feb 6, 2024 11:28am
- Joined Aug 2010 | Status: Trader | 5,352 Posts | Online Now
will it succeed gold M15, Stoch, two LWMA5 C/O, Cross {image} ...probably 2nd factor for entering was Time (after LClose ) & 3rd level (?!) three short symbolic positions opened, two with TP/SL-30/50 & one with "wild" range of TP/SL
dolce vita
- #318
- Feb 6, 2024 11:35am Feb 6, 2024 11:35am
- Joined Aug 2010 | Status: Trader | 5,352 Posts | Online Now
{quote} two positions closed 2x30 pips.., last one I left for myself
M1, ichi.., just to show two closed trades
happy end
P.S. it clearly seen that 1st position was anticipated.., that's me, what can I say, sorry
dolce vita
- #319
- Edited 12:37pm Feb 6, 2024 12:20pm | Edited 12:37pm
- Joined Aug 2007 | Status: Trader | 2,725 Posts
- #320
- Feb 6, 2024 1:10pm Feb 6, 2024 1:10pm
- Joined Aug 2010 | Status: Trader | 5,352 Posts | Online Now
{quote} Please only discuss the Golden Cross idea here and post possible applications with comments. Only trading results are not of interest for me.
dolce vita