I believe it is a version of ARRZZ, from Xard. but I'm not finding this specific version.Fibtree wrote: Mon Oct 02, 2023 12:38 pm What is the lines connected to the semaphores. Looks like lucky reversal?
Lucky Reversal (24)Fibtree wrote: Mon Oct 02, 2023 12:38 pm What is the lines connected to the semaphores. Looks like lucky reversal?
not an expert, more a student learning but:Samoth wrote: Tue Oct 03, 2023 10:41 pm I often have the problem that I lose the trade despite theoretically good entry.
I feel like something is missing, it often pushes on for a while and then stops me out at my SL.
Do you also have such situations and how do you avoid them?
Just one example, the HTF Bias was maybe not that clear in this case, but I often have situations with a clearer HTF bias but the pullback is much bigger so it stopps me out.
Hi Samoth,Samoth wrote: Tue Oct 03, 2023 10:41 pm I often have the problem that I lose the trade despite theoretically good entry.
Your second entry - The HA candles told you in real-time that they were bouncing off of the value line, meaning price is still to push up further. Your next entry could've been very simple, The 4H was clearly reacting to the expansion line , then on the 5min you either wait for candle rotate in-line with the 4H or wait for frame-work to develop on your entry time frame, which it did. You can see there on your 5Min that a Minor framework box formed and price clearly rotated off of it which was your indicator to jump in. Simple.Samoth wrote: Tue Oct 03, 2023 10:41 pm I often have the problem that I lose the trade despite theoretically good entry.
I feel like something is missing, it often pushes on for a while and then stops me out at my SL.
Do you also have such situations and how do you avoid them?
Just one example, the HTF Bias was maybe not that clear in this case, but I often have situations with a clearer HTF bias but the pullback is much bigger so it stopps me out.
i may be off but he was trying to scalp, by the way he jumped off/put his SL's, so maybe better go with what Bettle said, closer HTF and LTF.Liltune95 wrote: Wed Oct 04, 2023 8:25 pm Your second entry - The HA candles told you in real-time that they were bouncing off of the value line, meaning price is still to push up further. Your next entry could've been very simple, The 4H was clearly reacting to the expansion line , then on the 5min you either wait for candle rotate in-line with the 4H or wait for frame-work to develop on your entry time frame, which it did. You can see there on your 5Min that a Minor framework box formed and price clearly rotated off of it which was your indicator to jump in. Simple.
Also Wade has talked a lot about using the 4H - 5Min timeframe pairing rather than the 1H - 5min as the 1H can throw you off the scent of the trend (Using the standard HA candles the 1h could look like it's rotating but looking at the 4H the trend is still holding strong). It's up to you though but I would recommend sticking to 4H-5Min.
Hope this helps.
in one of the videos from ATS he said to focus on 2 instruments only and become an expert on them. That's what i'm doing, i picked 2.Samoth wrote: Wed Oct 04, 2023 11:38 pm Thanks guys, your suggestions helped me a lot
I think I might switch to Indicies only, monitoring 30 symbols gives me headaches.
NASDAQ today like a picture book example:
Hi Samoth,Samoth wrote: Wed Oct 04, 2023 11:38 pm Thanks guys, your suggestions helped me a lot
I think I might switch to Indicies only, monitoring 30 symbols gives me headaches.
Especially at work when our IT guy comes close I don't want him to see that I have a portable MT4 Terminal on my PC
NASDAQ today like a picture book example: