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sjmr2

  • #1,981
  • Sep 18, 2025 12:24am Sep 18, 2025 12:24am
Quoting Mandariin
{quote} For me more then one timeframe adds confusion. If you want to pick better levels, zoom out max, Set levels and zoom back in for trading. As you asked, you find benefit to watch 5 chart together?
Hi Mandarlin,
Keeping an eye on the Bigger Picture is a Definite Advantage
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  • #1,982
  • Sep 18, 2025 12:27am Sep 18, 2025 12:27am
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  • #1,983
  • Sep 18, 2025 12:32am Sep 18, 2025 12:32am
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  • #1,984
  • Sep 18, 2025 12:35am Sep 18, 2025 12:35am
Quoting senjamerah
{image}
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  • #1,985
  • Sep 18, 2025 12:43am Sep 18, 2025 12:43am
Alright, that’s enough for today. Time to chill — still feeling the fatigue after driving over 5 hours. Anyway, I really enjoy going through all the posts and charts you guys share here in the journal. Shoutout to Heispark — I know you’re a good trader, and I’m always open to your comments (and from anyone else too). End of the day, what we share here should give value to everyone reading. Happy trading, folks!
  • #1,986
  • Edited 1:43am Sep 18, 2025 1:00am | Edited 1:43am
Quoting stevepatt
{quote} Hi Mandarlin, Keeping an eye on the Bigger Picture is a Definite Advantage {image}
GOLD Short

I think the Biggest Change I have made in my Trading is STOP and TARGET Sizes.
In the recent past I have been Targeting +2R even +5R
The result of that was a lot of BE+ Trades up to 25% of my Trades were BE+
By aiming for smaller Targets 1.33R my Trading Results have improved BE+ Trades have dropped to 5%
This Morning I have had 3 Winning Trades
If I had been Targeting Bigger Rewards one of those Trades would, at best, have been BE+

EDIT: Here's a Video that Explains the % Chance of Hitting your Target
Inserted Video
it's finding the Sweet Spot
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  • #1,987
  • Sep 18, 2025 1:52am Sep 18, 2025 1:52am
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  • #1,988
  • Sep 18, 2025 2:15am Sep 18, 2025 2:15am
Quoting senjamerah
{image}
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  • #1,989
  • Sep 18, 2025 3:23am Sep 18, 2025 3:23am
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  • #1,990
  • Sep 18, 2025 3:41am Sep 18, 2025 3:41am
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  • #1,991
  • Sep 18, 2025 4:55am Sep 18, 2025 4:55am
Quoting heispark
How about watching 1, 2, 3, 4 and 5M charts altogether....? Any benefit? My quick, temporary setup (Gold futures chart via Quantower): {image} Not doing good on the first day of fun test: {image} {image} Anyway, it's fun and very good to kill my idle time....
Wow, I have quickly gave up! Obviously, this skill requires years of training and practice. I am now too old to learn something new. Making trades under the very quick decision making is very very difficult indeed. However, this is strongly recommended to all young fellas who are dreaming day trading success. Invest several years and learn trading from Senja and Steve step by step.
I am retreating back to my cave now... Good luck to all the lovely people here.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #1,992
  • Sep 18, 2025 7:28am Sep 18, 2025 7:28am
Quoting heispark
{quote} Wow, I have quickly gave up! Obviously, this skill requires years of training and practice. I am now too old to learn something new. Making trades under the very quick decision making is very very difficult indeed. However, this is strongly recommended to all young fellas who are dreaming day trading success. Invest several years and learn trading from Senja and Steve step by step. I am retreating back to my cave now... Good luck to all the lovely people here.
Attached Image (click to enlarge)
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Gold likely going to buy more if it test 3645-40, but if it gets to 3677-80 it could retrace to 3672-74 before buying again to move to 3700 or above to continue the bullishness or it will retrace down to the green horizontal line before it starts to buy more from there, but if it fails to close above 3690 but rather closes below 3630 then it will sell for some days instead .
  • #1,993
  • Sep 18, 2025 9:22am Sep 18, 2025 9:22am
Quoting heispark
{quote} Wow, I have quickly gave up! Obviously, this skill requires years of training and practice. I am now too old to learn something new. Making trades under the very quick decision making is very very difficult indeed. However, this is strongly recommended to all young fellas who are dreaming day trading success. Invest several years and learn trading from Senja and Steve step by step. I am retreating back to my cave now... Good luck to all the lovely people here.
Hi Justin,
I am definately no spring chicken any more, I'm 63 I didn't even know it was possible to Trade until I was 47 and only started to really Study at 48.
I used to think everyone saw Price in the same way but we don't. I don't think it's an age thing it must depend more on how our Brains are Hard Wired.
Like I have said, in the past, I'm sure I am Neurodivergent I have never been Diagnosed but my son has and I see a lot of my Traits in him.
I am very Anylitical by nature and not really prone to making fast decisions that is why I don't understand why I connect so well with the 1 Min. Time Frame, but I do. Any way good luck with your Trading and don't be a stranger.
  • #1,994
  • Sep 18, 2025 9:46am Sep 18, 2025 9:46am
It looks like there are a lot of older scalpers... I thought it was just me... hahaha... I'm turning 50 this year.
  • #1,995
  • Sep 18, 2025 10:00am Sep 18, 2025 10:00am
Quoting senjamerah
It looks like there are a lot of older scalpers... I thought it was just me... hahaha... I'm turning 50 this year.
Hi Sjmr.
50 is a distant memory for me now
How long have you been Trading? Have you always been Scalping?
  • #1,996
  • Sep 18, 2025 10:04am Sep 18, 2025 10:04am
GOLD
It's improtant to Optimise our Trading.
There is no point Trading for the sake of Trading if the Results don't back it up.
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  • #1,997
  • Sep 18, 2025 11:59am Sep 18, 2025 11:59am
Quoting canyou
{quote} {image} Gold likely going to buy more if it test 3645-40, but if it gets to 3677-80 it could retrace to 3672-74 before buying again to move to 3700 or above to continue the bullishness or it will retrace down to the green horizontal line before it starts to buy more from there, but if it fails to close above 3690 but rather closes below 3630 then it will sell for some days instead .
Attached Image (click to enlarge)
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A close below 3630 by the end of today will lead to more sells coming days and a close above 3645 will also lead to more buys based on todays price action it looks like bulls are loosing momentum for bears to push price down more.
A move to close below 3630 will make me bet on a downward move to somewhere 3450-40 to fill a gap.
  • #1,998
  • Sep 18, 2025 12:33pm Sep 18, 2025 12:33pm
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Jz 4 fun..
  • #1,999
  • Sep 18, 2025 12:37pm Sep 18, 2025 12:37pm
Quoting canyou
{quote} {image} A close below 3630 by the end of today will lead to more sells coming days and a close above 3645 will also lead to more buys based on todays price action it looks like bulls are loosing momentum for bears to push price down more. A move to close below 3630 will make me bet on a downward move to somewhere 3450-40 to fill a gap.
Hi Canyou,
To be honest I have always been Crap at trying to Predict longer term Price moves.
I think this is why I have always had a preference for Shorter Time Frames, 60 Min. and below.
It is far easier to Anticipate a +20 Pip move than a +100 Pip move.
The Less Time we can spend in the Market the less time there is for outside Entities to Influence our Trades.
Trading Higher Time Frames can take a lot of time for Trades to Setup and once in a Trade the possibility of it taking a lot more time for the Trade to come to a Conclusion.
You also have the difficulty of Deciding which Trade to take.
Quite often multiple Cross Pairs will Setup at the same time. Which Pair do you Trade.
How do you find Longer Term Trading?
  • #2,000
  • Sep 18, 2025 12:46pm Sep 18, 2025 12:46pm
Quoting senjamerah
{image} Jz 4 fun..
Doesn't look like the Bulls are following through
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