Cagliostro wrote: Fri Jul 12, 2024 7:19 pm News' Day. I usually do not trade, so got only this at LO for today, hope you also got it.

Happy Friday, it's been a great week, 17% of the account rose. I think I can be more aggressive with my risk management if the win rate stays as this.

An important advice, don't trade if the price is too far from the EMA 51, wait for a pullback before entering.

Enjoy some relax and time off, cya on Monday.

immagine_2024-07-12_111707186.png

tmostafa007 wrote: Sat Jul 13, 2024 12:12 am thanks Cagliostro for the new version it's really good
please i need more expiation for my question as mentioned on the pic ?

Cagliostro wrote: Thu Jul 11, 2024 2:55 am Alkemix Trading System 2.0

Hi guys, an update before the summer break. I will be trading for a couple of weeks more, than will focus on finding some relax with the family in August.

Here an update to version 2.0 of the Alkemix Trading System.

Rules stay the same, looking for confluences and following the trend. The major changes here are related to the bottom part of the chart, where I changed almost everything apart from the RSIOMA (I added an ma to it, so it is easy to identify a strong move earlier, just look for the RSIOMA to cross its EMA and it rarely goes back).

Histograms:

• 1st row from top: added Genesis, I extensively tested it and even if it is not perfect for the system, it is the closest thing to the graal we can have today.

• 2nd row from top: added VWAP, volume is the king, I tried to trade without it but data is data, we leave some pips on the ground but trades are much safer.

• 3rd row from top: added a modded GANN swing HL

• 4th row from top: added another GANN swing HL with HTF settings.

Today I traded only US30 and trades are still running with really huge profits.

immagine_2024-07-10_184730369.png

PS: huge thanks to @kvak and @MrTools for their indicators and @curioso for the watermark, it's a cool thing.

Be rich, go and get your gold.

With Love.
+C+

-L- wrote: Sat Jul 13, 2024 1:18 am Hi Cagliostro,

thanks for the new version

Could you explain me a bit of how do you use these? is there any specific way to integrate them into the system? or arre more

tmostafa007 wrote: Sat Jul 13, 2024 12:12 am thanks Cagliostro for the new version it's really good
please i need more expiation for my question as mentioned on the pic ?

Cagliostro wrote: Sat Jul 13, 2024 1:41 am Regarding the Trend Digital indicator on top left I answered in the previous post.

Let's look at the two setups you underlined. The first was in Asia session, and I was sleeping (2.50 AM for me), the second was in pre London opening, a very dangerous zone for trading, as usually it's a place for liquidity grab and sudden reversal at the opening, exactly as it happened this morning. It was just a retest of the Asia low.

tmostafa007 wrote: Sat Jul 13, 2024 5:32 am what is the best time for trade your are preferred and what is your condition over all for the days today i win by using the new version
also, please check my entry and exit is that a correct or i have to enhance it

Cagliostro wrote: Sat Jul 13, 2024 7:01 am I mainly trade London and NY, focusing only the first 3h of each session.

Your entry happen too far from the EMA51, the movement is already too extended.
And your exit could have been the next blue dot, you exited a pullback... why? that was a moment to add more to the short.