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Re: Beatle's Trend Trading System

Posted: Tue Dec 19, 2023 11:01 pm
by BeatlemaniaSA
setila100 wrote: Tue Dec 19, 2023 9:52 pm Do you always only take trades that are near support/resistance lines? this is something i saw recently that you are doing.
It is the other way around. I take trades when I get confluence confirmation after the ZEE Support and Resistance and they happen to be at other support and resistance levels.

Re: Beatle's Trend Trading System

Posted: Tue Dec 19, 2023 11:07 pm
by Forexlearner
BeatlemaniaSA wrote: Tue Dec 19, 2023 10:51 pm Yes, but entry is ALWAYS only once you have confirmation ;)

30min is still SELL and the 5min as well. So wanting it to go long without confirmation is asking for trouble. Because the price could blow right through that VWAP and continue down. So be patient and careful!
i was just testing my capacity to read the chart, it did work :)
In my view i agree, we must wait for a confirmation, but if we don't already have some idea of what is going to happen, it's just trading like i was doing in the past. I really want to understand what is behind the colours.

Re: Beatle's Trend Trading System

Posted: Tue Dec 19, 2023 11:42 pm
by setila100
BeatlemaniaSA wrote: Tue Dec 19, 2023 11:01 pm It is the other way around. I take trades when I get confluence confirmation after the ZEE Support and Resistance and they happen to be at other support and resistance levels.
Is this a good example ?

Re: Beatle's Trend Trading System

Posted: Tue Dec 19, 2023 11:52 pm
by BeatlemaniaSA
setila100 wrote: Tue Dec 19, 2023 11:42 pm Is this a good example?
Image
Yes, exactly! That's good ;) :thumbup:

Re: Beatle's Trend Trading System

Posted: Wed Dec 20, 2023 12:11 am
by setila100
BeatlemaniaSA wrote: Tue Dec 19, 2023 11:52 pm Yes, exactly! That's good ;) :thumbup:
Man, i don't know you or how much you make, but i hope you make enough money to buy a penthouse and a porsche every month for taking your time and helping us other traders everyday ! I hope you become a billionaire !

Re: Beatle's Trend Trading System

Posted: Wed Dec 20, 2023 12:27 am
by BeatlemaniaSA
setila100 wrote: Wed Dec 20, 2023 12:11 am Man, I don't know you or how much you make, but i hope you make enough money to buy a penthouse and a Porsche every month for taking your time and helping us other traders every day! I hope you become a billionaire!
Haha, thanks for that mate :).

Actually, I don't trade for the sake of money. Money comes and goes and you CANNOT take it with you when you leave this world. Also, ALL that you earn can disappear in a heartbeat! I know because I have experienced it.

I trade to acquire money so that it will allow me to share with others and MOST importantly give me the opportunity to share memories with those I meet.

Money is fleeting but memories last FOREVER!

Keep it up and you will be successful mate :thumbup: :)

Re: Beatle's Trend Trading System

Posted: Wed Dec 20, 2023 12:47 am
by RollerAndTrading
BeatlemaniaSA wrote: Wed Dec 20, 2023 12:27 am Haha, thanks for that mate :).

Actually, I don't trade for the sake of money. Money comes and goes and you CANNOT take it with you when you leave this world. Also, ALL that you earn can disappear in a heartbeat! I know because I have experienced it.

I trade to acquire money so that it will allow me to share with others and MOST importantly give me the opportunity to share memories with those I meet.

Money is fleeting but memories last FOREVER!

Keep it up and you will be successful mate :thumbup: :)
Like we say in Brazil, CARALHOOOOO, VOCÊ É O CARA!!!!

I love the way what you think about why you trade and i share the same idea, the only difference is i´m not consistently yet, but i will do, i don´t know when, but i will do!

Tks for all knowledge shared here. I´m very grateful to you.

Re: Beatle's Trend Trading System

Posted: Wed Dec 20, 2023 1:33 am
by Samoth
BeatlemaniaSA wrote: Wed Dec 20, 2023 12:27 am Haha, thanks for that mate :).

Actually, I don't trade for the sake of money. Money comes and goes and you CANNOT take it with you when you leave this world. Also, ALL that you earn can disappear in a heartbeat! I know because I have experienced it.
Same here, I display points instead of profit in my MT4. I think about it as a very complex "strategy game" :D
It helps me to overcome my fear of trading. It really was a thing for me, I was panicking even though my analysis was right most of the time.

Re: Beatle's Trend Trading System

Posted: Wed Dec 20, 2023 1:56 am
by Forexlearner
Forexlearner wrote: Tue Dec 19, 2023 10:37 pm could this work? Haven't entered.
Image
money collected. Now it's at the value Trader dale said it would come down, so try selling.

Re: Beatle's Trend Trading System

Posted: Wed Dec 20, 2023 3:12 am
by roanfox
Forexlearner wrote: Wed Dec 20, 2023 1:56 am money collected. Now it's at the value Trader dale said it would come down, so try selling.
Price is in a strong trend upwards in EU, as trader Dale says check the vwap, it could bounce of the top area, be careful entering shorts.