Make Trading simple!

Thats great. do you still use this system and thanks again for sharing happy holidays.

Merry Christmas and Happy New Year!! Yes I do. I have slowed down my tick charts a little now as the market has changes. Have to do things like that some times. Markets are always evolving. But the principle is still the same. The one thing I now that is not covered in the posts is I always wait for a second move if the market might be changing direction.

SO that means that if the long term chart starts to reverse, the short term chart has already reversed. So I will wait for the short term to pull back and then continue in the new direction. I do not take a trade if it doesn't pull back. Keeps me out of chop and my percentage of wins went up.

I always trade indicator within the market structure. Makes the signal more accurate. Keeps me on the right side of the market. Hope that helps.

I have been trading the MNQ and NQ a lot lately. So my long term chart is 1000-1200 ticks and my short term chart is 400 ticks. So If I can I will post a couple of my newer charts. Blessings

May be a profitable system, but definitely not simple!

Dear sir, I am new to this thread. Everything you explained is clear except one basic thing: what timeframe or renko block do your ticks refer to? I use Mt4 and the tick for me is the minimum difference between one price and another, but the charts on Mt4 are based on timeframes or renko bars. Thank you for your answer.

Honestly ES and Micro ES (E-Mini contracts) is not FOREX

You can have a long bias in ES and have the illusion that your strategy is working.

So traded a 1 minute MNQ with 3 contracts today. Pretty good day. So thought I would post my chart. I used just one chart mostly today. All the information on indicators and time frames are on the charts.

It is the last day of the year and the Quarter as well. Price action is kind reflecting that. Funds are making the usual end of the Quarter adjustments and of coarse half of the traders are off until next week. Should be interesting for sure. Have fun and trade safe

These are my charts that I traded today. All the setting are on the charts. Very simple set ups. two time frames a 1200 tick chart and a 300 tick chart. The setting are pretty much the same for the indicators on both charts. But today was unusual as I was 16/16 trading the MNQ. Very rarely do not have any losers in a day. Usually around 75% winners to losers. But everyone have a great night.

My Charts are very simple, Back in the day when I was more investing and not trading. I used Point and Figure charts. They are very simple to understand yet effective. So becoming a trader I had to unlearn a lot of that. But my charts are still very simple.

On any of these indicators, Macd, CCI, RSI, williams%R. the Zero line or the 50 line is for either long or short. I like all of these and as you can see if you read through the thread I have interchanged them from time to time.

I like the Macd a lot. So for me when the Macd line is above zero then I am looking long, Below I am look to short. If the Macd line is above zero and the Macd line crosses the average line but is still above zero. I do not sell. That could just be a break in upward momentum. but if it crosses the average back in the ward direction then I would get back into the trend. I really follow that on the smaller time frame. It is pretty simple. Works on all time frames, Time charts, tick charts, Range charts. What ever you like. this same principle applies to all the indicators. I hope this makes sense. Just takes a little practice to get into the rhythm of it.

Again the Support and resistance levels are important, Trade management is important, So basic market structure is important and then trade the indicators with in that. So if the ES or NQ go into consolidation for a while through out the day. Which they do, the range is really to small to trade effectively. So you have to wait for a breakout. when I see a possible breakout. I never trade the first move. It could be a fake out. so I wait for a pull back on the smaller time frame and if that resume the uptrend let's say then I would enter on the second signal. Most of time I exit on the Macd when the Macd crosses back over the Average line. that usually means the trend is taking a break.

That is pretty much my whole strategy in a nutshell. Simple. I take more small bites and every now and then sometimes get a bigger trade. But mostly singles as they say.

I do not post a lot of content as I am pretty busy. But honestly this does work. I have a lot of charts in here. When the market really changes. I do not really change the indicators much. But I do change the time frame, Either bigger tick charts or faster tick charts depending on what I see.

Hope this little bit helps. Everyone have a very blessed evening!!

This is what I have been trading lately. 2000 tick chart and a 500 tick chart. All the indicator settings are on the charts. I have been slowing my charts down more and more lately. I used to trade the 610 and 233 more, but they are just to choppy and noisy. So when that happens I just slow down the charts. So pretty much any thing you read in the thread prior to this will work on these charts. It is not rock science. Do not over think it. I do that a lot. I have said before I do not change my system much when the market changes. But I do speed up or slow down the charts depending on volatility. Hope you all had a great day trading.

Totally agree with your comments as to blindly following indicator signals. The trick is probalby more about knowing when to stay out of the market, when your signals are less reliable due to consolidation/ranging. Price action is the king and what you need to get a handle on in your trading. I trade a system very much like what you have described here and what I have settled on. One strategy one market has been my ethos for the last 6 months. I trade the hang seng index. Not where I want to be yet, but with a daily routine established find I can assess a chart and its prie action fairly accurately. Still a ways to go for consistency or to make a living out of this. Good to read other's commnets and thoughts, as we all seem to share the same struggles,frustration's that come with playing the trading game.

How are you handling slippage? Given that you're using tick charts with short TPs, with the aim of smaller number of pips, does slippage have an impact on you? Also, if you don't mind me asking: are you trading this with a real account? and if so -- how many lots on average per trade? (curious on your fill rate, etc)

So Slippage is not a big deal. I pretty much use Market orders when I enter. I do not trade any currency pairs. So we do not trade in pips. I do not use any unregulated brokers. That is recipe for disaster. I have been doing this since 97. I trade what ever I want between 1 and 10 contracts. That is really not important. If people like the charts, then give them a try in simulation first to get a feel for them. Have a great day.

interesting system. Have u traded this in March and April during all the tariff news ? Would be interesting to see how it went during this high vol period. Thank you !

also, i would appreciate it alot if you could share your process of speeding up and slowing down the charts. how do u decide on the new tick chart setting based on market speed? do you cross reference ATR or something? thanks!

Have not posted in a while. This what I have been trading lately. All the setting are on the chart.