Day Chart Stress FREE - Complete Chart
{quote} Toto Texas, Really thanks a lot for the explanation and the many helpful charts.Request a clarification on this: You said "I missed a sell when the red circle and then sell entry." 1.Once a circle is formed (whether the circle is small or big) , any arrow is a valid signal? Example: 1a.Small Green Circle and Then Blue Arrow--> Valid Buy Signal? 1b. Small Red Circle and Then Red Arrow-->Valid Sell Signal? 2. I interpreted like this: [Correct me if wrong] Buy Signal: Big Green Circle and then Small Green Circle and then Blue Arrow Sell...
{quote} TotoTexas, How do you refine the entry using H4? Once you get a signal (Example: Buy Signal) on Daily, do you switch to 4HR to get the same Buy signal? Thanks
{quote} Wrong
{quote} correct, and take a quick look on weekly to get better idea of strong trend... look what you could do with D1 chart when you take look W1
if i get the same trand of week i can let it run with daily i can get the moves you have seen before (now changes on your time that you can dedicate to trading) with this change timeframe and size of lot you trade..... (bigger timeframe smaller size, because have bigger swing)
hi guys, I dint write for few reason.. 1) I was (still now) to busy with other business and this make me think that daily entry letting it run is best option 2) looking and testing indicators and systems.... (test test test) kay for success... I found something very similar, now try to understand what is more precise what's give me better idea (decision on analysis not on what I think) this is the chart difference, next to 0 3) I still think this is best system without stress SL 200 pips = 5% for small account 2/3% for medium account 1% for big...
{quote} Only simple advice i could offer is look at the money flow see where the highs and lows are and have been - now there are some who do actually say the past will show you the future, however one thing i can say the daily chart never lies and if you incur losses they are marginally less then on any other chart in my humble experience - evolution is the key right
