USDJPY TP hit thanks to news, 123 pips.
But be careful, this is the kind of success what can be dangerous.
But in any case, congratulations.
Kind regard
Don't trade because you think you have to do something.
{quote} I am really sorry. Its my fault. I started this thread Guppy Re-Invented. I have explained all the other indicators and colors . I took it for granted that The Guppy Multiple Moving Averages System is known to everyone and i am improving that concept.... Now i understand that i need to explain the Guppy first. And then the re-invented part should have followed I will do it this weekend. (It's like "Game of thrones" first and then "House of dragons")
Hi everyone. I would like to present an idea: But first a short introduction. What do you think is the most dangerous thing in trading? There are certainly several things, but what I mean is the success in trading, which I'm sure many of you already had. So anyone who is successful in trading feels good and safe, and that is exactly what is dangerous. Then you come up with the idea to do it even better now, because you believe that now I got it, that's how it works, and what works with few money will work also with more money. To open a trading...
- #1,205
- Sep 4, 2024 6:20pm Sep 4, 2024 6:20pm
- Joined Feb 2019 | Status: Trader | 1,019 Posts
{quote} Doc do you not wait for both histograms to be in alignment or is it because you’re trading H4 you consider the trend already established?
The histograms only represent the TREND color of Gann 9 in HTF.
But since80808 did an excellent backtest and analysis in post 1162 https://www.forexfactory.com/thread/...7#post14982107 and i am sure the results of his "AAA scenario" will generate better results.
- #1,206
- Sep 4, 2024 6:42pm Sep 4, 2024 6:42pm
- Joined Feb 2019 | Status: Trader | 1,019 Posts
hello kind doctor, I want to ask, maybe the doctor will answer, what broker should be used and what broker have you been using so far?, on the front page you said you did not trade in forex, have you switched to forex now? sorry, my English is bad..
- #1,207
- Sep 4, 2024 6:55pm Sep 4, 2024 6:55pm
- Joined Feb 2019 | Status: Trader | 1,019 Posts
So we all could trade together. So, if you want, you can post signals from your favorite trading pairs every day, every moment, like Wally1953 is doing. So I mean in the H4 timeframe chart, where all trading conditions are met . Or where all trading conditions could probably be met shortly, but only in the H4 chart. Then don't trade immediately, first communicate about it with different people who are currently online. In the H4 chart we have more time, the candles don't change so quickly, which is a big advantage.
I am convinced that we will learn...
Also keeping H4 timeframe as a standard, will give enough time for others to communicate and comment on the quality of the trade.
"https://www.forexfactory.com/thread/post/14983467#post14983467"
" We should no longer think only about entries but about their quality"
- #1,208
- Sep 4, 2024 6:59pm Sep 4, 2024 6:59pm
- Joined Feb 2019 | Status: Trader | 1,019 Posts
{quote} hello Doctor, any update on this as I think it would be very helpful to many of us even for those who know guppy but they may learn your perspective and understanding of the way you see guppy especially with your style of trading it
- #1,209
- Sep 4, 2024 7:02pm Sep 4, 2024 7:02pm
- Joined Feb 2019 | Status: Trader | 1,019 Posts
Will like to share a good news with all my forex factory friends.
I have been appointed as Chief Consultant Oncosurgeon in the prestigeous "Cancer Centres Of America Hospital" in our city.
I have been appointed as Chief Consultant Oncosurgeon in the prestigeous "Cancer Centres Of America Hospital" in our city.
- #1,210
- Sep 4, 2024 8:02pm Sep 4, 2024 8:02pm
Will like to share a good news with all my forex factory friends. I have been appointed as Chief Consultant Oncosurgeon in the prestigeous "Cancer Centres Of America Hospital" in our city.
"Be the change that you wish to see in the world." --Gandhi
Will like to share a good news with all my forex factory friends. I have been appointed as Chief Consultant Oncosurgeon in the prestigeous "Cancer Centres Of America Hospital" in our city.
Don't trade because you think you have to do something.
[quote=walvekarraje;14987226]{quote} I completly agree with Michael. This is an excellent idea and this will eliminate my ignorance about spreads and trading sessions. Also keeping H4 timeframe as a standard, will give enough time for others to communicate and comment on the quality of the trade. "https://www.forexfactory.com/thread/post/14983467#post14983467" " We should no longer think only about entries but about their quality" [/quote
Thank you for your kind words. I am sure that all the group will learn together with a lot of fun, and making many good new trading friends.
Kind regards
Also keeping H4 timeframe as a standard, will give enough time for others to communicate and comment on the quality of the trade. "https://www.forexfactory.com/thread/post/14983467#post14983467" " We should no longer think only about entries but about their quality" [/quoteThank you for your kind words. I am sure that all the group will learn together with a lot of fun, and making many good new trading friends.
Kind regards
Don't trade because you think you have to do something.
Hi everyone. I would like to present an idea: But first a short introduction. What do you think is the most dangerous thing in trading? There are certainly several things, but what I mean is the success in trading, which I'm sure many of you already had. So anyone who is successful in trading feels good and safe, and that is exactly what is dangerous. Then you come up with the idea to do it even better now, because you believe that now I got it, that's how it works, and what works with few money will work also with more money. To open a trading...
- #1,214
- Sep 5, 2024 3:31am Sep 5, 2024 3:31am
- Joined Feb 2019 | Status: Trader | 1,019 Posts
Can anyone suggest good broker in Australia?
- #1,215
- Sep 5, 2024 3:34am Sep 5, 2024 3:34am
- Joined Sep 2008 | Status: Verry good | 1,267 Posts
Will like to share a good news with all my forex factory friends. I have been appointed as Chief Consultant Oncosurgeon in the prestigeous "Cancer Centres Of America Hospital" in our city.
Just an opinion. Based on research
- #1,217
- Sep 5, 2024 3:55am Sep 5, 2024 3:55am
- Joined Sep 2008 | Status: Verry good | 1,267 Posts
{quote} My entry was at blue line. When i saw the chart there was already a signal (yellow star in circle) 2 candles back and price was around the close
(It's not to test - just for me to understand)))
I've returned to this picture and would like to kindly ask:
Are the situations right after the bold white lines the same?
and
We saw a downtrend left and then the uptrend right. How did you make the decision to sell (even seeing HHs and HLs)?
Thank you!
Just an opinion. Based on research
Will like to share a good news with all my forex factory friends. I have been appointed as Chief Consultant Oncosurgeon in the prestigeous "Cancer Centres Of America Hospital" in our city.
- #1,220
- Sep 5, 2024 4:43am Sep 5, 2024 4:43am
- Joined Feb 2019 | Status: Trader | 1,019 Posts
{quote} Hello dear Doctor! (It's not to test - just for me to understand))) I've returned to this picture and would like to kindly ask: {image} Are the situations right after the bold white lines the same? and We saw a downtrend left and then the uptrend right. How did you make the decision to sell (even seeing HHs and HLs)? Thank you!
2) Ignoring the histograms, both the entry candles you mentioned are correct. First will hit SL and second eill give good profits.
The question is how to manage the first trade which will hit stoploss any way .
Look at the APB candles following your first entry. All have lime body.
Now third candle after your entry is a bullish APB. (no lower wick, very small upper wick). Also the lower two Rsioma have changed color. Meaning either the trend strength is decreasing or this is a false breakdown.
Here either book loss at the close of this candle or move SL to this candle high. This way you can minimise your loss.
H4 charts give adequate time to analyse the trade and act accordingly.