No candles thats coolannadurai wrote: Mon Sep 26, 2022 10:06 pm Why trade candles when I can make fortunes by trading market cycle /Trend?
Charts set up /strategy modified accordingly,hence hid the candles.
Definite trade mindset.
Again quiet day.
123Don't want to maximize profit or lose by taking intra-day trades.
Waiting for a clear reversal.
Waiting for a clear reversal.
Earning moderate returns is fine as long as I can minimize both permanent loss of capital and reinvestment risk.
Re: Hedged Positions
124What kind of chart is this please. . I don't understand at all
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.
Re: Hedged Positions
125Custom zigzag patterns that show prices in uptrend or downtrend.honje19960321 wrote: Tue Sep 27, 2022 11:58 pm What kind of chart is this please. . I don't understand at all
Unable to digest the volatility of each and every candle.
Hence removed the candles.
The indicator is X2 ARRZZ and its source code is the one you shared with the community.
And thanks for that.
Best wishes.
see the attached chart of US30 REALTIME
Earning moderate returns is fine as long as I can minimize both permanent loss of capital and reinvestment risk.
Re: Hedged Positions
126A ver interesting view of tradingannadurai wrote: Wed Sep 28, 2022 12:19 am Custom zigzag patterns that show prices in uptrend or downtrend.
Unable to digest the volatility of each and every candle.
Hence removed the candles.
The indicator is X2 ARRZZ and its source code is the one you shared with the community.
And thanks for that.
Best wishes.
see the attached chart of US30 REALTIME
No urge to trade in downtrend.Calm.
127Watched intra-day volatility and in the end, market won,so do I.
Earning moderate returns is fine as long as I can minimize both permanent loss of capital and reinvestment risk.
It is now four days passively holding shorts awaiting a reversal
128Really it is difficult to control emotions of impulsive profit booking,
watched profits evaporating in the pull back today,
close price , finally settled near yesterdays close price.
This system involves a zen attitude. Quiet and calm.
Looking back I am surprised to see how I have changed to this definite trade mindset.
But I am waiting to see how the indicators show the reversal and how much profit I am going to lose.
Earning moderate returns is fine as long as I can minimize both permanent loss of capital and reinvestment risk.
Re: It is now four days passively holding shorts awaiting a reversal
129Nevertheless, I find it fascinating that someone tries it.annadurai wrote: Thu Sep 29, 2022 8:24 pm But I am waiting to see how the indicators show the reversal and how much profit I am going to lose.
I hope you can keep going to tell us whether it can be profitable to trade using only ARZZ.
Trend Trades using 4H chart
130I like this set up.
I see no way of losing money,
Sight of big money.
I see no way of losing money,
Sight of big money.
Earning moderate returns is fine as long as I can minimize both permanent loss of capital and reinvestment risk.