Williams%R, SAR X-over 15 minute candles | Page 258 | Forex Factory

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Williams%R, SAR X-over 15 minute candles

  • #5,141
  • Feb 28, 2024 1:06pm Feb 28, 2024 1:06pm
Quoting ABA27
{quote} I will next time add an example. I looked back at my trades to find an example and saw a lot of dumb ones, so maybe it's my reaction time. I will figure it out. Could you please advise if I could also have entered at the previous break of the swing before my entry, so at the close of 2 candles earlier? {image}
I still think that you need to lose the 200 ema, IMO it relatively useless for day trading. Just clutters chart. Per your chart you should click sell market as soon as candle closed where vertical line is drawn, because not only do you have the macd, adx and break below tunnel you had break in price structure. A higher low had formed after move up.
  • #5,142
  • Feb 28, 2024 2:09pm Feb 28, 2024 2:09pm
Quoting ABA27
{quote} I will next time add an example. I looked back at my trades to find an example and saw a lot of dumb ones, so maybe it's my reaction time. I will figure it out. Could you please advise if I could also have entered at the previous break of the swing before my entry, so at the close of 2 candles earlier? {image}
Your entry was exactly as I would have done. Your target is terrible. Why would you target 1.5 points? That was an easy +25 tick winner had you had the proper target.

Were you targeting the 200 ema? Not a good trade plan, imo.

Entry was perfect. Everything else not so good, ABA.
Life itself is a privilege, but to live life to the fullest is a choice
  • #5,143
  • Feb 28, 2024 2:42pm Feb 28, 2024 2:42pm
Beautiful scalp before close!
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  • #5,144
  • Feb 28, 2024 2:45pm Feb 28, 2024 2:45pm
I’m enjoying the S5 on NQ
  • #5,145
  • Feb 28, 2024 6:39pm Feb 28, 2024 6:39pm
Quoting vidvad
NQ M1 short {image}
Hey Vivad, it's quite interesting to see the system working also in NQ 1M for you, do you use a different configuration for it? What kind of entry rules you have for doing NQ? I see that much times you enter when price cross the Ema, but not sure about other entries as I guess you may do it a bit different than the ES as it's time bars and not range.

Would appreciate if you can explain in your process for analisis and taking entries on it.

Thank you for your time and contributions!
  • #5,146
  • Feb 29, 2024 6:45am Feb 29, 2024 6:45am
Quoting TraderNurse
{quote} Hey Vivad, it's quite interesting to see the system working also in NQ 1M for you, do you use a different configuration for it? What kind of entry rules you have for doing NQ? I see that much times you enter when price cross the Ema, but not sure about other entries as I guess you may do it a bit different than the ES as it's time bars and not range. Would appreciate if you can explain in your process for analisis and taking entries on it. Thank you for your time and contributions!

Quoting vidvad
{quote} I really take my cues for NQ M1 off the 34 ema and entr on trend Heiken Ashi candles closing above it for longs, below it for shorts.
If you look at the chart I attached in the very post you quoted you should be able to work out what I'm doing. I've said many times that this is essentially a trend following method and I buy pullbacks in uptrends and sell short bounces in downtrends.

Heiken-Ashi is itself a trend indicator. If I judge price to be in adown trend (visually aided by the ema's) then I wait for a pullback to the ema's, then let a red H-A candle signal me in.
Life itself is a privilege, but to live life to the fullest is a choice
  • #5,147
  • Feb 29, 2024 7:42am Feb 29, 2024 7:42am
I love trading the news, but I always wait for the news t come out, see if the market gives an initial reaction, and then enter after a pause or pullback.

Hindsight chart but these are the actual fills printed by the Ninjatrader platform itself, not me.

Hit the market orders to buy as price started out of that first consolidation off the news. It immediately went into a second, more shallow consolidation and I was down 11 points on the position before price launched to hit my profit targets and beyond. You have to be comfortable trusting the trend if you are trading this type of method. No such thing as every trade being in a profit from the first tick every time.

Done for the day in both my live account and my eval account.

+15 points on the NQ is $300/contract. I had a total long of 4 contracts here.

Take good set ups, shoot for a reasonable profit target (a reasonable profit target is one that the instrument you are trading is often likely to move and is large enough to live off of if you are consistent.

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Life itself is a privilege, but to live life to the fullest is a choice
  • #5,148
  • Feb 29, 2024 7:59am Feb 29, 2024 7:59am
Here is ENQ Futures 1 Minute chart, there is no way there is any sort of trend before NEWS came on. Trading news is gambling.

I am glad VidVad it worked for you, but I would not touch this chart with the 10 foot pole.
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  • #5,149
  • Feb 29, 2024 8:12am Feb 29, 2024 8:12am
Quoting driven18
Here is ENQ Futures 1 Minute chart, there is no way there is any sort of trend before NEWS came on. Trading news is gambling. I am glad VidVad it worked for you, but I would not touch this chart with the 10 foot pole. {image}
Not gambling if you trade the price action.

I think you should think about starting your own thread. You seem to disagree with much of what is done here. Why do you stay? Just to troll?
Life itself is a privilege, but to live life to the fullest is a choice
  • #5,150
  • Feb 29, 2024 8:19am Feb 29, 2024 8:19am
Quoting vidvad
{quote} Not gambling if you trade the price action. I think you should think about starting your own thread. You seem to disagree with much of what is done here. Why do you stay? Just to troll?
No, I am good here..Rocky is my friend and although he shows trades in the hindsight, he trades PA properly and would of never ever entered that trade. Take a look at my chart above - no direction at all. News Trading is Gambling.
  • #5,151
  • Feb 29, 2024 8:22am Feb 29, 2024 8:22am
Quoting driven18
{quote} No, I am good here..Rocky is my friend and although he shows trades in the hindsight, he trades PA properly. Take a look at my chart above - no direction at all. News Trading is Gambling.
No direction at lol ...
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I didn't make a bet before the news. I made my bet after the market showed its hand.

"no direction" lol
Life itself is a privilege, but to live life to the fullest is a choice
  • #5,152
  • Feb 29, 2024 8:24am Feb 29, 2024 8:24am
Y'all can follow driven. I Put him back on ignore where I had had him for quite a while. Thought I'd give him another chance, but he's just a waste of time.

See ya.
Life itself is a privilege, but to live life to the fullest is a choice
  • #5,153
  • Feb 29, 2024 8:28am Feb 29, 2024 8:28am
Quoting driven18
{quote} No, I am good here..Rocky is my friend and although he shows trades in the hindsight, he trades PA properly and would of never ever entered that trade. Take a look at my chart above - no direction at all. News Trading is Gambling.
How dare you? Only positive vibes are allowed here. Who cares if PA moves faster than you can blink and can whipsaw your entry the next second you place it.
  • #5,154
  • Feb 29, 2024 8:30am Feb 29, 2024 8:30am
Quoting Svetul4o
{quote} How dare you? Only positive vibes are allowed here. Who cares if PA moves faster than you can blink and can whipsaw your entry the next second you place it.
You and driven are really just revealing how little you understand price action. Get a chart, study, and learn.
Life itself is a privilege, but to live life to the fullest is a choice
  • #5,155
  • Feb 29, 2024 8:39am Feb 29, 2024 8:39am
Spike and channel. Very easy to trade the PA using the rocky method.

No reason to be afraid if you follow the method. Eight vertical lines and each would have hit for +60 ticks without going back -60 ticks.

8/8, but it is gambling in a market with "no direction" and nothing but "whipsaws.

I think my time here has run its course.

It just isn't fun anymore.

Good Trading to all.
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Life itself is a privilege, but to live life to the fullest is a choice
  • #5,156
  • Feb 29, 2024 9:03am Feb 29, 2024 9:03am
Quoting vidvad
nothing but "whipsaws {image}
I do remember rocky talking about this specifically and even gave examples as he got stopped out in the red on an otherwise good entry. Even my broker is advising me to sit on my hands during high impact news.
  • #5,157
  • Edited 9:30am Feb 29, 2024 9:12am | Edited 9:30am
I have been doing this since the Middle 90's. I do not trade news. That is just me and my choice. So I learned this way back. I was trading Yahoo back in the day. Was up 6k on the day. News came out. ended up down 6k for the day. 12k change in about 20 minutes. So since then I do not trade news of any sort. I sit out and wait for the dust to settle. Even FOMC days I do not even turn the software on. By the way, that is the biggest loss I have ever had. Vowed never again!! So started working on managing my trades properly. Made a big difference. Have a great day.
  • #5,158
  • Feb 29, 2024 9:56am Feb 29, 2024 9:56am
Took this trade in ES and thought the market would break downwards after a Bos but then was proven wrong. seems like it will be ranging for a while which I found that ES loves to range around this time and probably won't take another trade until 11.
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  • #5,159
  • Feb 29, 2024 10:19am Feb 29, 2024 10:19am
Quoting rockypoint
{quote} A close above/below ema tunnel with MACD cross, but also on PA. I've passed on signals where after candle closed above/below tunnel next forming candle showed immediate weakness. Exits mainly based on expectation that there will be no big trades because PA is weak.
Got it. Good rules. Thank you very much for explaining. ~ Bill
  • #5,160
  • Feb 29, 2024 10:31am Feb 29, 2024 10:31am
MACD colored bars so you can easily visualize when price breaks tunnel.

adding a simple volume profile for better support and resistance/ price action confirmations
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