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  • #41
  • Mar 17, 2024 5:59pm Mar 17, 2024 5:59pm
Quoting Ronin-
This is a tease of Method 2: {image} Ced74 and Kraneos (https://www.forexfactory.com/kraneos)will like this one. TMA Channel for direction SR Direction indicator for direction and trade entry (above / below SR Direction indicator horizontal lines) Zigzag 25% to see if HL or LH in the direction of overall trend. This zigzag has lines that are 25% from the high and low and can used for trade entry instead of using SR Direction. Look for HL of the SR Direction Indicator & ZigZag in the uptrend and LH in the down trend. Another option for...
I'm on holiday this week, as soon as I get back I'll try everything .
Good job !
Saludos, K.
  • #42
  • Mar 17, 2024 6:07pm Mar 17, 2024 6:07pm
Quoting Kraneos
{quote} I'm on holiday this week, as soon as I get back I'll try everything . Good job !
Welcome K, have a great holiday.
  • #43
  • Mar 18, 2024 4:49pm Mar 18, 2024 4:49pm
Monday trades, from mobile as busy.

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Not a great day, had price direction blindness, but managed to close all trades in profit +50.6 pips. Except one trade pressed sell instead of buy, closed immediately with small loss.
  • #44
  • Mar 18, 2024 5:07pm Mar 18, 2024 5:07pm
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  • #45
  • Edited 5:46pm Mar 18, 2024 5:25pm | Edited 5:46pm
The FVG button is used to show current time frame FVGs and use the multifvg to show the FVGs from the next time frame up.
  • #46
  • Mar 19, 2024 10:25am Mar 19, 2024 10:25am
Unfortuantely no trades today.
  • #47
  • Mar 20, 2024 2:52am Mar 20, 2024 2:52am
First set of trades:

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  • #48
  • Mar 20, 2024 3:01am Mar 20, 2024 3:01am
Second set of trades:

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  • #49
  • Edited 3:36am Mar 20, 2024 3:26am | Edited 3:36am
Third set of trades:

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Remember to use the close all script if price starts to stall and does not quite reach TP.

Patiently waiting for next set of trades and then finished for the day. The idea is to complete all trades in 2-3 hrs and gain ~40-80 pips.

The key is being consistent.
  • #50
  • Mar 20, 2024 4:10am Mar 20, 2024 4:10am
Quoting Ronin-
First set of trades: {image}
Hello R.
I am asking you questions to see if I am understanding the system well.
Observing the capture:
1 - SR tells us as always address, Sell.
2 - You make the entrance by rejecting the FVG Red.
3 - Here is a new rejection but we do not perform or add an operation, because there is a short distance with the FVG Blue.
4 - The TP shouldn't be here?
5 - I understand that you put the TP here, waiting for the opposite FVG to break and seeing an previous resistance area on the left, right?
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Saludos, K.
  • #51
  • Mar 20, 2024 4:23am Mar 20, 2024 4:23am
Quoting Ronin-
Second set of trades: {image}
Here I see a rejection and a Sell at point 1.
Your entries are late or have any explanation that I don't see?
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Saludos, K.
  • #52
  • Edited 4:51am Mar 20, 2024 4:32am | Edited 4:51am
Quoting Ronin-
Third set of trades: {image} Remember to use the close all script if price starts to stall and does not quite reach TP. Patiently waiting for next set of trades and then finished for the day. The idea is to complete all trades in 2-3 hrs and gain ~40-80 pips. The key is being consistent.
In this I see in 1 and 2 good rejections and sell.
In your buys in 3, the FVG Blue is close to the FVG Red and I see little space, and I can't find a clear rejection to start, although I see that the price crossed the MA, on which we rely here?
Attached Image (click to enlarge)
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Saludos, K.
  • #53
  • Edited 5:14am Mar 20, 2024 4:50am | Edited 5:14am
Quoting Kraneos
{quote} Hello R. I am asking you questions to see if I am understanding the system well. Observing the capture: 1 - SR tells us as always address, Sell. 2 - You make the entrance by rejecting the FVG Red. 3 - Here is a new rejection but we do not perform or add an operation, because there is a short distance with the FVG Blue. 4 - The TP shouldn't be here? 5 - I understand that you put the TP here, waiting for the opposite FVG to break and seeing an previous resistance area on the left, right? {image}
Hi K, good to hear from you and your questions.

1 - SR tells us as always address, Sell.
Yes and we want a red FVG in the sell direction to confirm direction. FVG suggests momentum in the new / continued direction. Multi FVg can suggest more momentum
2 - You make the entrance by rejecting the FVG Red.
Yes, the main method is wait for rejection of FVG (pullback). However sometimes there is a stack of FVG and so probability of continuation.
3 - Here is a new rejection but we do not perform or add an operation, because there is a short distance with the FVG Blue.
Yes, most of the time we want gap, but I could see price was starting to break the opposite FVGs and there was enough momentum
4 - The TP shouldn't be here?
See 3, and if I see a level price is reaching for, I stretch out the TP.
5 - I understand that you put the TP here, waiting for the opposite FVG to break and seeing an previous resistance area on the left, right?
Yes. I'm sure you will find improvements. I wanted it to be an on chart method with not subwindow indicator as they can a distraction.

I hope this explains. I agree there is more work to be done on the rules.
  • #54
  • Mar 20, 2024 4:52am Mar 20, 2024 4:52am
Quoting Kraneos
{quote} Here I see a rejection and a Sell at point 1. Your entries are late or have any explanation that I don't see? {image}
Due to spread, the entries are at a lower price than wanted. Sometimes I wait for price to go below / above the rejection candle as confirmation.
  • #55
  • Edited 10:59am Mar 20, 2024 5:03am | Edited 10:59am
Quoting Kraneos
{quote} In this I see in 1 and 2 good rejections and sell. In your buys in 3, the FVG Blue is close to the FVG Red and I see little space, and I can't find a clear rejection to start, although I see that the price crossed the MA, on which we rely here? {image}
Your right 1 and 2 are good reject / entry point.

For the entry in question, there was a blue FVG, a downward hammer candle which can be considered a rejection of FVG and then entered. This was a high risk move as stated previously; but had confidence.

A rejection may not always touch the FVG, due to lack of momentum.

I look between the M1 and M5 to check for good enteries. For this method M1 entry can lead to more SL than TP in my experience. But known your a sniper when it comes to entries.

I think what your suggesting good. Wait for FVG reject check for sr hozonital has forms below / above and target this.

Thank you for questioning the logic, need to be challenged to get the rules correct for reviewers.
  • #56
  • Mar 20, 2024 5:15am Mar 20, 2024 5:15am
Thanks R.
Little by little I understand the basics of the system.
The improvements and norms in due time, without hurry, you continue with your good job.
Saludos, K.
  • #57
  • Mar 20, 2024 5:22am Mar 20, 2024 5:22am
Some improvement may come from considering the different types of FVG when time allows, see example below. Some might have a higher probability than other.

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  • #58
  • Mar 20, 2024 5:28am Mar 20, 2024 5:28am
Quoting Ronin-
Some improvement may come from considering the different types of FVG when time allows, see example below. Some might have a higher probability than other. {image}
Perfect, for now these I see them more difficult, but it is getting used to it.
Saludos, K.
  • #59
  • Mar 20, 2024 5:39am Mar 20, 2024 5:39am
I have tried gold and I have found that the FVGs were not seen.
I have solved it by changing this adjustment to 2000.
I understand that each currency or perhaps also different TF do you need to change this parameter?
Attached Image (click to enlarge)
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Saludos, K.
  • #60
  • Mar 20, 2024 5:43am Mar 20, 2024 5:43am
Quoting Kraneos
I have tried gold and I have found that the FVGs were not seen. I have solved it by changing this adjustment to 2000. I understand that each currency or perhaps also different TF do you need to change this parameter? {image}
Yes that is because of the number of digits 0.000, 0.00000 etc...
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