Hello hanozox,hanozox wrote: Thu Jul 18, 2024 2:25 pm Hello guys, give me some feedback please. Still here. Still struggling. But never quitting.
I'm on the m5 tf.
Big Arrow Down, Above Daily Open, ADR +15 = No Trade? (Vice versa)
Big Arrow Up, Below Daily Open, ADR -15 = No Trade?
If it comes down or above Daily Open then there we can find some positions correct?
So mainly, a big part of our bias will fall down to if the price is above or below the daily open?
Am I making any sense here? Like for example, we have a big sema down, 2nd dot, but it's above the D.O, we don't open a position right?
Big thanks to Xard and Curioso. I just need to fully understand so I can start doing this professionally.
An image to explain, never trade against the trend, and wait for the right moment.
In a few days ago, i share a video explain this wonderful strategy in M5 and see the way i trade in that timeframe, is a little different compared to M1.
Your post made me think of something, if I can during today I will make the set and respective update for the checklist for each of the timeframes according to the videos. I insert all the text in the image, if you preferer i send an text.