DislikedEvery event,holiday what is important for a trader is listen on the FF calendar,right on the main page.
C-12 im very thankfull for this awesome thread,i have readed everything,the trades you posted really inspired me, i hope i will soon start posting here some nice trades tooIgnored
DislikedIf you feel ill, anxious, unsure of what levels to take, not happy with the general price action - Turn the monitor off and come back later!Ignored
DislikedThis. Huge part of emotional intelligence / trading psychology is identifying when you're not in a state to make good execution decisions and limit yourself accordingly. This is also a required skill if you want any long term success with discretionary trading methods.
(How'd you get commercialized? Not just the thread, but yourself? )Ignored
DislikedWish there was a like button on FF, good trading c-12 as usual.
I got in long EU and was like holy mother of god why is this thing coiling so much and then went to check the news, saw bank holiday closed the position up and am walking away for a better tomorrow lol.
I was gonna post saying your thread is probably going to be moved but I didnt want to bring unncessary attention to that, hopefully people are still able to find the thread cause that commercial forum becomes a ghost town or at least tends to hide the good stuff.Ignored
DislikedThere are 3 drawbacks to this strategy... Or for any scalping method.
If you stick to the rules (ie 6 pip hard stop) and take entries off quality levels (ideally in sync with the higher timeframe) and get to BE fast (after around 6 pips or so) then you'll make a killing with this.
If you move stops, trade for the sake of trading, pick higher time frame tops and bottoms on M1 then I can guarantee your account will suffer.
I can't stress this enough.
Also, mindset is the key to this and...Ignored
Disliked"If you move stops, trade for the sake of trading, pick higher time frame tops and bottoms on M1 then I can guarantee your account will suffer. "
do you mean that if you move stop loss "backward", which means make the stop loss "larger than 6 pips"?
and do you mean that move the stop loss to the location which is "behind" of higher time frame tops and/or bottoms will NOT help at all and would only increase the loss?
Also another question:
do you use any pivot point, key fibonacci levels, etc. in your trading system or just...Ignored
DislikedYeah I mean moving stop beyond 6 pips or trade higher time frame levels with a tight 6 pip stop. I've also tried without a stop and averaging in with a rescue position and I've found this works occasionally but damages your account mostly (in a big way).
You can trade S&D levels without any indicators yes. I use a couple (supdem_ii and chaos semafor) and my order management EA. I do plot the occasional fib on higher timeframes but no pivot points any more.Ignored
So you our basically looking at 5,15,30m TF S/D and then trading it on the 1min.
Am I correct.Ignored
DislikedOk I get you, So let say there is a supply level on the 1h. so u go down to 15m to make it more accurate. Then to 5m. And then finally wait for price to touch it on 1min and pull the trigger.Ignored
DislikedOh right , so the levels you short and long from our the levels on the 1min. The levels on 1h just give you direction.Ignored
Dislikedsorry to bother you, Davit!
but on my chart the indicator for the FF calender seems not working properly......
you've got an idea about the potential problem?Ignored