xard777 wrote: Mon Jan 04, 2021 9:38 am First of all, the timer will come on when the market is live.
Second, ppl are asking how best I would trade.
I would have two screens up on display, H1 & M15
This way I have a better idea of what is going on in the market.
I do not carry trade, I only intra-day trade.
The ADR in the panel shows me the avg movement and I look to get 61% of that each day.
At the start of the day I already know my target Pip$
If I am going from a small 2nd dot to a Blue dot then I will most likely not hit my daily target so I need to have more trades throughout the day.
If I am going from a 2nd Blue dot to a White dot then I can cover more Pip$ and probably be done if it is my 2nd trade of the day.
Again, If I am going from a 2nd White dot then I should be able to make my target in one trade.
Anyway, we can see that a mixture of entries from the different 2nd dots will cover my daily target each day.
The 2nd dot is a second dot
The 2nd Blue dot is a second dot
The 2nd White dot is a second dot
The 2nd Square is a second dot
It does not matter if tomorrow is Monday 4th Jan 2021 or Seli 23rd day of the Sixth Moon, all that matters is "Am I trading off a 2nd dot here on the M15 in the direction of the H1?" Yes.... Kerching! Book It! Bank It! Repeat.
XARD777
Re: Honje's collection of indicators, strategies and trading journals
101- These users thanked the author Jedidiah for the post:
- Chickenspicy
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.