H1 setup, will take much longer...but I like the odds. Last time a setup appeared like this is took off. Good RR. Could target much more but that's first TP
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Disliked{quote} Staying in the trade when it crossed back above the 21 ema is the trick!Ignored
Disliked{quote} The weasel, the weasel, just went POP.To counter the "deepseek", I started my position in NVIDIA! USA, USA
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Disliked{quote} If you rephrase the question to "where to add a 2nd trade after moving the S/L to at least BE"My humble opinion would be the 3rd arrow (the righter most). It's the only one that is a momentum candle that also clears the cluster. Given all the MAs on your chart, the first trade is easy to see if you watch for the first pull back after the MAs cross over. The entry (which has been pointed out) just happens to be a momentum candle that also clears the cluster.
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DislikedHi, would you recommend to take this trade? Red dots on Choc + retest of both 21ema and support on black dot with nice rejection 30 mins after London open. {image}Ignored
DislikedFound this trade today in london session, on uptrend after pullback from 21ema with small rejection and momentum was not great, but I would still take it because of strong move from 21ema on squeeze. Would rate it as B+. {image}Ignored
Disliked{quote} Hi Ju4ara Yes, B+ but it was really an A++++++ There was something more important happening there that as a trader we should have seen. I saw it and added a trade from the first setup on the previous Squeeze. So when price came down to the 21 EMA, it was either a take profit and be happy or look to add an additional trade on Gold. I took this trade on GCJ5 and now I had 2 long positions. I stayed in the trade for a bit longer and took profit higher up. My exit was terrible but the profit was worth in an excess of 2K for entering on single...Ignored
Disliked{quote} RickM, the post above sounds like you still under effect of that drink at the bar. Come on mate, I thought Australians can handle their liquor. "missing X" What the bloody hell you talking about? (I am saying it with an Australian accent)
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DislikedPlaying around coding a Script, based on whats written in here.. {image} Not finished just yet.. but already looks promising. As RickM wrote several times... there may be more optimal Entries, by using experience. Experience cant be put into code. But once its finished, it may still be useful for some.Ignored
Volume Settings
Visualization
Calculation Methodology
Scoring System (0-100 points)
The indicator generates a comprehensive squeeze intensity score through four key components:
Squeeze States
Visualizations
Signals
Entry Signals
Alert Conditions
Disliked{quote} RickM, the post above sounds like you still under effect of that drink at the bar. Come on mate, I thought Australians can handle their liquor. "missing X" What the bloody hell you talking about? (I am saying it with an Australian accent)
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Disliked{quote} Here was the Gold Chart from yesterday. The "missing X" is the Mindfuck we should use because its how many professionals trade markets. Step 1 ...... Trade 1 was a Squeeze setup where I took trade 1. Missing X is .............. Anchored Volume Weighted Average Price Step 2 ......... Place a Anchored VWAP indicator on the breakout candle and let the trade run. Step 3 ......... If Price returns to AVWAP, don't exit but rather looked to add an additional trade. Trade 2 Price returns to AVWAP - means Mindfuck Step 4 ......... Add another trade...Ignored
Disliked{quote} If I may ask. I have been Trading for a long time, finding the "right" Exit has been always a tough one for me when I am adding into a Position. I ended up defaulting for 1 Trade, no scaling in, going for a 1:2RR the math... maths out for me to be profitable, but I do know that scaling is a very powerful way not to only increase your profits, but even decrease your risk. So my question... when do you exit a Trade? And... if your answer is based on Delta/Volume, do you have another method? 2nd Question: You said the big bois use the VWAP....Ignored