Hi there,tradersanbrokers wrote: ↑Sat May 22, 2021 4:55 amAm still making losses an not getting it can some of you traders please post a few charts of the 5 m an 15 m tf with entry points an exit points please.
Are we to enter only during the london open an ny open or not really.
As when there is a blue or red candle close I always make losses with the next grey candle as have to close the trade for a loss, so if keep entering these fake outs
wont we bust the account ?
Some enter and exit pics would really help.
An taking any trades from the dots is a complete NO NO is it ? Do any of you guys take these trades of the dots ? Or not really
Take a look at a post XARD made a while back showing where to enter and exit using the system. As for me, I wait for the dots to be 'locked' by waiting for price to cross the MA lines. I dont think its a good idea to trade dots as you see them in real time as they can repaint so always wait for the cross.
You can see from the picture above, there is a Blue square meaning you should be looking for BUY trades off the second dot (which is at 1682.21) the blue triangle helps you to see it clearly. After you get confirmation of the second dot, then you wait for price to cross the MA lines and take the BUY.
I hope that helps.
All the best.