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Re: XXXX Trading System "Money For Nothing" (except blood, sweat, tears and persistence)

XXXX, Mon Jan 23, 2023 9:52 am

marwanm wrote: Mon Jan 23, 2023 9:31 am Thanks xxxx, I've been using it for two weeks on dow and dax.
Still not a professional on entries I keep jumping ahead before all conditions are met but working on it.
I'm looking for big semaphore and cross of lines.
Triangles are not always helpful.

I think that the band color should change before jumping into any trade to make sure it's more successful is that correct or would it be late?
Good to hear you are having success, it can be hard to wait for the right setup. Keeping a journal of your trades with what you could have done better will help reinforce what works best.

Taking a trade off the large Semaphore and crossing the ribbon is a valid trade. Just be ready to take profit when the first Semaphore with a white ring appears. Usually, there will be a pullback to form a second dot/triangle to get in with the new trend but there are times there is no pullback. So when the white ring appears stay in if price keeps moving in your favour, be careful at the 200SMA and green 61.8 fiboextension, especially on the DAX.

Another possible entry that I have not shown before is when price reenters the TMABand. This is best done with some other signal as shown below with the second dot. You can get in with a tight stop at above the large semaphore and pickup a lot more pips on the way back to the 36EMA.
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