Trading Made Simple(r)

Quoting MaDxPT

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{quote} It works best following trend/ market structure. Following every signal I am not so sure aswell. I use 50 and 200 ema and when they are nicely alligned upwards or downwards I take trades.

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Quoting Roscearm

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These trades happen every single day. you can literally just stick to one timeframe and get at least one of these moves for 1R, 2R or sometimes even 3R. Please study this and practice trade until you start to see the setup. NAS - 3 wins Gold - I did not take this trade but sharing to show that it works on all instruments. Scorecard: Wins: 56 Loss: 18 {image} {image}

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Quoting MaDxPT

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Used to hate lower timeframes... Here I am making trades before bed on 5 min Wow. Another one 7/7 1.20 R.{image}

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Quoting MaDxPT

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Used to hate lower timeframes... Here I am making trades before bed on 5 min Wow. Another one 7 Wins. 0 Losses. 1.20 R. {image}

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Quoting Dino10

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{quote} Hi what settings RSI are you using because it looks a little different than mine thanks

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Quoting MaDxPT

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Used to hate lower timeframes... Here I am making trades before bed on 5 min Wow. Another one 7 Wins. 0 Losses. 1.20 R. {image}

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Quoting Gigadood88

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{quote} What stochastic are you using at the bottom?

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Quoting Roscearm

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{quote} So good to see your progress. Keep hunting those pips

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Quoting Roscearm

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Very late to the party on EUR futures short but got the +2R and more. Remember in my previous post I mentioned that you will get a good quality text book trade everyday. Back test and practice. Scorecard: Wins: 57 Loss: 18 {image}

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Quoting MaDxPT

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Used to hate lower timeframes... Here I am making trades before bed on 5 min Wow. Another one 7 Wins. 0 Losses. 1.20 R. {image}

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Quoting csierravh

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{quote} Hi MadxPt, I asked Roscearm the same question, "how is your approach when selecting trades? I mean the set up on the 5 min based on what you shared is clear, but how do you monitor it? Do you have multiple windows open, showing all of you instruments you do follow and you are switching between them till you see a pattern? Also on your last picture, your yellow support rectangle comes from a higher TF or you draw it on the 5 min TF.? Hope you can comment on that, how is the trade selection on your side.

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Quoting csierravh

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{quote} Hi MadxPt, I asked Roscearm the same question, "how is your approach when selecting trades? I mean the set up on the 5 min based on what you shared is clear, but how do you monitor it? Do you have multiple windows open, showing all of you instruments you do follow and you are switching between them till you see a pattern? Also on your last picture, your yellow support rectangle comes from a higher TF or you draw it on the 5 min TF.? Hope you can comment on that, how is the trade selection on your side.

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Quoting MaDxPT

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{quote} In 5 minutes I have to monitor yes. For example I was on my pc last night looking for trades. I ignore everything and focus on the stoch at the bottom first and look for it to be 80 for longs or 20 for shorts. So I scroll past the pairs till I find this condition. As Robinhood explained. The longer and Higher it is at 80 or 20 the better. Once I see it I start checking the other indicators and the candles. Once I get the cross entry conditions met as per page 1 rules I enter. On nzdcad I even put an alert for the oscillators crossings 50...

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Quoting RobinHood

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{quote} You asked me: "Was curious as to where you personally would enter a short position on the following chart" I answered, but you also must keep in mind what I wrote on Page 1, Post # 1: "What you must understand is that what's presented, as it's presented, is NOT a trading system. A system has concrete rules with no variables. Methods don't. What I am presenting are trading methods, tips, and suggestions. Multiple trading methods about ways to enter and exit trades (with others likely to follow). The only concrete rules there are, are the...

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Quoting csierravh

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{quote} Hi, how is your approach when selecting trades? I mean the set up on the 5 min based on what you shared is clear, but how do you monitor it? Do you have multiple windows open, showing all of you instruments you do follow and you are switching between them till you see a pattern? Tks in advance.

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