Dear Razorman! Please feel free to substantive provisions of the text file for translation. English is not my native language. Thanks for the theme. Good luck.
Olexa.
I trade a similar system even though my trading outlook is a bit different, since I try to eradicate any subjectivity and keep it close to being 100% mechanical. Thanks for sharing.
Dear Razorman,
I would like to check the understanding of entery rules:
1. Divergance OK on 5 min chart (Read)
2. Enter on yellow (brake of signal bar)
3. Delet Stop order becuse price brake over the setup top and the setup is not valid anymore.
4. This is the example to train the eay (time was not good for trating because no volatility, and candle was "no candle to trade"
Am I geting somewher with understanding this method?
Hi Razormen,
Sorry to post that may examples but I realy whant to get the hold of this one.
So here we have a good one resulting in BE or 10 pip profit.
I usually do not trade after london because volatility it dies down.
On days like in the past few days where the dow swings wild and oil is going crazy it had an effect on the euro/usd. So sometimes i might stay until the oil market closes at 2:30. But that is an exception to the rule.
On your price feed for some reason things look different. On mine it looked very packed together and i usually like the swing to be very clear and precise in order to enter a trade.
Hi Razormen,
Sorry to post that may examples but I realy whant to get the hold of this one.
So here we have a good one resulting in BE or 10 pip profit.
Thanks again Razorman for sharing your knowledge.
The method is so elegant and the rules are so straightforward and well defined... I will not write your strategy is brilliant because I am much too much of a rookie to pass judgments like that.
Anyway I'm staying tuned for your videos in case there are more to come.
I really like the way your explaining your trades and it's great that you're not showing off your wins but also show losing trades and the trades, on which you passed, explaining the reason why. It really goes a long way from just enumerating entry and exit rules.
Thanks for the videos. Really appreciate you taking time to do this. I have few questions if I may:
1. Is this the only method you trade time and time again? or do you also look for other methods?
2. also how do you deal with double divergence? for example: price makes HH, HL, HH but Rsi makes HH, HL, LH causing divergence. But then price continues to make new HH, HL, HH and Rsi makes another HH, HL, LH causing divergence again. I call these double divergence.
3. The breakout/pullback/continuation method (i call them touch trades), do you look for them on higher tf 1H or over (or) lower tf 15M or less.
Thanks for the videos. Really appreciate you taking time to do this. I have few questions if I may:
1. Is this the only method you trade time and time again? or do you also look for other methods?
2. also how do you deal with double divergence? for example: price makes HH, HL, HH but Rsi makes HH, HL, LH causing divergence. But then price continues to make new HH, HL, HH and Rsi makes another HH, HL, LH causing divergence again. I call these double divergence.
3. The breakout/pullback/continuation method (i call them touch trades),...
