Price to erratic and candle to big for me to trade after news.
Well I got my 40 for the day so I will see you tomorrow.
and blessings to you.
Well I got my 40 for the day so I will see you tomorrow.
and blessings to you.
Don Quixote's intraday system 8 replies
Simple Trading system for Intraday/short term 167 replies
Intraday Mechanical System Strategy 0 replies
Best Intraday Trading System 5 replies
looking for an intraday system 6 replies
DislikedNow while we wait for the next move of the day. Let me re-examine todays possible trades using both the 30 min and the 15 min charts respectively. Trading the 15 min chart could have given you a signal as shown below and a loss then a buy signal afterward. While the 30 min tf would haven given you a buying opportunity at the dip as shown on the chart.
Now we must always understand that market makers usually push the market one way at the london open to clear stops before reversing for the main trend of the day (The Big Ben Strategy). That is why...Ignored
DislikedExactly the way I trade.
If Frankfurt open gives me a signal I go. At London open I monitor very closely ,sometimes even stop loss to BE.
I also don't hesitate to reverse or if price goes in initial direction I look at round numbers or day high low.
Ignored
DislikedWhich ATR indi you are talking about? The default one from MT4 or you have other? If you have then please post here with right setting instructions.
ThanksIgnored
DislikedKijKij you are right, but the problem with that trade is that you must read my post on times to trade. I said earlier that the system works best from 7-11 gmt. (You can see the clear signals I am talking about earlier today on your chart, the buy and the sell signal). After that you should wait till the new york open before taking any other trade because the market can go any direction. Secondly the Atr indy(it is not on your chart)is showng red meaning do not trade.Ignored
DislikedWould you please be so kind to attach your 15 min template ?
ThanksIgnored