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.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.
Re: Beatle's Trend Trading System
3062i was just testing my capacity to read the chart, it did workBeatlemaniaSA 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!
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.
- These users thanked the author Forexlearner for the post:
- BeatlemaniaSA
Be the casino, not the gambler
Re: Beatle's Trend Trading System
3063Is this a good example ?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.
Re: Beatle's Trend Trading System
3065Man, 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
3066Haha, thanks for that matesetila100 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!
.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
- These users thanked the author BeatlemaniaSA for the post (total 11):
- RollerAndTrading, VespaTrader, Woodyz, dienone, numega, opita, eduarescobar, SkibbyDibs79, Knight, fnz, PhoenixBlueFeather
Re: Beatle's Trend Trading System
3067Like we say in Brazil, CARALHOOOOO, VOCÊ É O CARA!!!!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
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
3068Same here, I display points instead of profit in my MT4. I think about it as a very complex "strategy game"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.
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.
- These users thanked the author Samoth for the post:
- VespaTrader
“The market is a device for transferring money from the impatient to the patient.” - Warren Buffet
Re: Beatle's Trend Trading System
3069money collected. Now it's at the value Trader dale said it would come down, so try selling.
Be the casino, not the gambler
Re: Beatle's Trend Trading System
3070Price 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.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.
