Signals with Moving Averages

With the current situation we need to follow a different strategy which is very short term.

You run the M15 and M5 next to each other. You wait for a bend on M15 and check M5 to do the same, see below:

Its better to run the M15 chart in line mode, to see bends clearly:




The bend on M15 should be White turning away from Green.

Time to sell

S stands for Signal

Note, the signal comes with dojis. That's why it's stated on all TFs - check for dojis - not going to point it out again and again - we all know by now what a doji is.

Also note that when a signal appears on a larger TF, the run could go past only one candle on small TFs

You wouldn't be always as lucky as in the current case where most of the TFs came forward with a doji.

The final signal for entry came from M5; but its impossible for me to post on time.

When a candle came to an end on a TF, you should start looking for a smaller TF for a signal:

Check the time on both charts:

Check M30, may end in doji

Now check M15 as well for signal down after close.

sir where is tp

Hey Bakker, how are you doing today?
I have been re-reading more content and applied something today that I found in your posts back in October.
You posted this image and the contact point resonated with what I was seeing on my charts, on all time-frames.

Here's what I noticed and traded successfully yesterday and today.
(note I use purple and not blue for the EMA 1 OPEN with the green EMA 2 CLOSE and white EMA 1 CLOSE)

and a terrific buy yesterday

H1

Long wicks on M15. Arrow up for buy; arrow down for sell.