Freebie 1 min trading method

This is set at 10.

[quote=XStorm;5609885]This is set at 10.

Is and will always be a pleasure to read what you post.
Thank you very much for your help!

Hi,

Could anybody be so kind (HH?) to keep posting some examples of how you successfully trade this strategy?

I recognize it as a very good one, but I haven't been able to profit from it consistently...

Because I can't be glued to the charts, some times when I come to check them, the movement may already started, so I try to reenter at the touch of the HAS Bars or the 20 SMA (typically very close to each other).. and that is precisely when it was turning around... if I wait a little longer to confirm it will continue in my way I loose several pips trying to enter with market orders and a lot of requotes and retrys. (Maybe this is a Broker issue, but an issue anyway)

So I would like to here from you, more or less how do you determine when to enter and when not to enter in those circumstances, when the start of the movement already passed.

Thanks in advance

Mariano

PS. I'm trading the 1M TF

I do not trade this method but one very similar and have successfully for years. I also do not trade forex but can tell you this isn't a 'method' issue but rather a 'trader' issue.

Personally, if I miss a trade based on my rules I miss the trade. I do not go chasing after it but rather wait until the next proper set-up. In my opinion you're either present at the time the opportunity presents itself in which you take the trade or you're not in which case you wait for the next set-up.

There is NEVER a need to chase a trade, NEVER.

Good luck.

Thanks for the advise...

You're welcome. I think it would be worth your time to also check out this thread...

http://www.forexfactory.com/showthread.php?t=340556

I've been following the thread for a week or so and have slowing been sorting out my MT4 to display the indicators this strategy requires.

I had a question about the HA smoothed. It might not matter much but I'm curious if it's a setting config or diff indicator all together that HH has that shows the candles with full bodies. My indicator shows upper wicks on both bullish and bearish candles.

Any advise?

Thanks

Open up the indicator settings dialogue box. Under the tab 'colours' change the first 2 in the list red+blue to 'none'. Voila you should now have got rid of the wicks.

Hope this helps.

Thanks...it did!
What settings do you have the MA set for wingate?
I ask b/c you can still get wicks with different setting setups.

Have you been having success with this system?

Hi all,

I actually registered because of this thread, it's the sistem i would very much like to use.

I've been checking it out many times from the begining and there's something i really don't get - the very first picture. How do you get your graf to look like that?

Hope it isn't stupid question, but somehow i can't get the beginning right.

Thanks,
Dragan

Hi dcabfx,

Sorry not been around for a few days. 6,2,2,3 are the ma settings in the indicator that I am using ie, an HA smoothed mtf indicator. I am not using this system however, just read your post and thought I may be of help.

Glad to hear that you managed to remove the wicks!

Here is a trade on EU 15 min TF

EU 15 min followup

I've been reading this thread and love it! Just curious if you use 30m and hr carts to confirm movement predictions?

I always try to trade the 15m in the direction of the 4 hr trend. In my opinion, the 4 hr is king for trend.
Use the first chart I mentioned in the thread on 4 hour charts and you will see the wonderful 4 hour trades you could be involved in.

HH

Hi all,

I use Heiken Ashi in my system too for over years. I've got a useful tool for this system, this is a Gann HiLo indicator, that i attached.

I start to use Metatrader 5 some weeks ago. Can anybody code the indicators to MT5 to looks like in the attached picture?

Hi HH,
this is my first post on this thread and I've just found it 3 days ago, after I looked through thousands of systems in FF and nearly about to give up.

I've just finished first 12 pages, not because I'm a slow reader but cos I read them for three times , downloaded every screenshot you attached, read every word carefully, I like your instructions on pic, they are very clear and elaborate and deliver your idea in such a direct way, the way to make people catch key points at first glance.

Everytime I read your words, I can learn something new, especially when I try to use the method in market. The magic thing is, your method can make me stay for whole day before screen, visualizing, thinking, researching, w/o any impatience, it never happened before, when I couldn't be quiet before screen and the chart looks boring which always made me sleepy. I think the reason of this big change is I'm gradually learning to master the way to visualize chart, to feel the market, with your help of course.

Now I am still trying best to absorb this thread, I am still at an entry level, compared with 10y experience like you, I know I still have a lot to learn, eg, how to handle different tfs, how to distinguish false signals, how to deal with repaints, how to add-on compound positions, etc. well, it's okay, as long as I've got a target, the target is now attached on the wall I face, quoted by you, "trading is a wait game for right opportunity", and ,"trading is a very visual thing. The same thing happen over and over and over again. If you can grasp the concept then you will see the market in a way that benefit you".

Btw, the way you type and speak reminds me of an old friend, a really old friend, he helped me a lot during my work, who is the master of the field and worked for 40y+. Although in the very beginning I cann't quite understand the way he expressed his idea(we both are not native speaker), in the end I'm the best one who can understand him, your thread makes me miss him very much(I've lost contact after I left that company). I think that maybe the reason why I feel quite warm when reading your post, even at the first glance.

Oh, I nearly forgot to attach the pic of today, two white trend lines are where I placed short,that's the best score I've ever made since I joined Forex club, the feeling's name is: let profit run!!!

Hello HHarrington & all,

I finished reading all posts and started trading using HH´s aproach on M1 using M15 HA as trend confirmation.

Managed some good deals like this one

http://img41.imageshack.us/img41/3170/hhstrategy1.png


but then, when the market consolidates/goes sideways I lose it all in false entries and get whipsawed (2-3 candles blue, 2-3 red, etc.... sideways market).

Can you help me with some advice on how to filter and stay out of those trades.

Thanks

DC

You don't know how good that makes me feel, MYBI, the only reason I have ever posted anything is the possibility that someone may gain something from my posts

Good luck to you in all your trading adventures. Yes trading is a visual thing, thanks to all the great people who have contributed on FF and other threads i learned to be a successful trader.

I will upload my latest template and indicators,,,soon, same setup same trading just better indicators,,,that seems to happen,,as you go along, the indicators get better, and the trading becomes easier.

Sincerely HH

Yes stay out of the market during consolidation periods. or become really efficient at trading a 1 min channel.

LOL

HH