Hi emmanuel7788, I've re-analysed my chart EA sell losing trade which was posted here. EA sell H1 re-analysed trade {image} I remember some time ago you mentioned that my MTF-TDI is corrupted/broken. I would like to know more about it, I'm using synergy_pro_tdi instead on regular TDI on my current trading TF. Kindest Regards
{quote} Arize, From my observations, the PCRF's (and whatever else they're called), tend to happen as a reaction to PA. I've noticed through my back testing of EA and GA that they don't happen out of nowhere, and usually will be a part of a larger swing. The more aggressive and short-lived the swing - in other words - the more pips it moves in a shorter amount of time, the more probable the PCRF tends to be successful. Here's a chart below where I try to put my thoughts on the screen, and why I try to look at a PCRF as a entry signal (always with...
{quote} ZZ, You can use the PAC to keep you out of bad trades and consolidation. I am not using the PAC anymore because I trade mostly breakouts anyway - and I don't need those 5ema's to show me when a breakout candle has happened - the breakout is right there on the screen in front of my eyes. However if you struggle with discipline and tend to enter small APB's and consolidation zones, the PAC is a good tool to keep you out of, if you set yourself a filter not to trade in the PAC. I have attached the mind map I use before LO every day, to get...
{quote} few things I always ask myself before I start looking for setups to trade. what is the market type? - is it trending? Up or down? - is the trend short term of long term, MTF analysis. - is it sideways? wide range or narrow range? sideways Up or Down? what is the range? support and resistance - where are the nearby support and resistance? price action - what are the size of the recent price bars or Japanese candles? - what price action seen with the APB candles show timing - is the timing good for trading? which market session, session opening,...
{quote} Thanks for your reply Lookleft.. Will start off with EA, EU and GU as you have suggestedZz
{quote} ZZ, You can use the PAC to keep you out of bad trades and consolidation. I am not using the PAC anymore because I trade mostly breakouts anyway - and I don't need those 5ema's to show me when a breakout candle has happened - the breakout is right there on the screen in front of my eyes. However if you struggle with discipline and tend to enter small APB's and consolidation zones, the PAC is a good tool to keep you out of, if you set yourself a filter not to trade in the PAC. I have attached the mind map I use before LO every day, to get...
