setila100 wrote: Sun Jan 07, 2024 6:31 am I just saw someone saying that he won 6 trades using this system and lost 3. Do you think 80% winrate is possible? how hard would that be?

So he had a 50% win rate but he increased his account by 17.5%!

That is why I ALWAYS focus on increasing my account by a % rather than worrying about a win rate %

Here's my 50 cents, trading is all about probabilities. You start with a 50/50 change, it either goes up or down, and yet 80%/90% lose money.
All you have to do is start with those 50/50 and think what can increase your probability: go with the higher time frame, use fair value, etc... the tools someone smarter or more experienced gave us.
Beatle helps us increase the odds in our favour. The rest is psychology.
Always wanting to learn more is also a good lesson to take from him,. I hope everyone can make a killing in 2024.

setila100 wrote: Sun Jan 07, 2024 6:31 am I just saw someone saying that he won 6 trades using this system and lost 3. Do you think 80% winrate is possible? how hard would that be?

I will answer your question. Of course, I put those numbers - focus on the Risk Ratio. The scissors and ZEE will repaint, but you won't enter just that information alone. Try to enter analyzing value using ATS and put the best quality SL and TP. Your account will grow instantly. Zee and Alignment have really stunning and powerful effect on my trades, it almost 70% will reverse - but you need to analyze TREND and VALUE. It's not that hard to understand - watch the video, do some research, and mind map. Plan your strategy. I'm a rookie in this methodology but finally seeing how great it could be. Memory muscle mate!

BeatlemaniaSA wrote: Sun Jan 07, 2024 6:43 pm The-magic-of-compounding-interest.jpg

brand new approach for a Sunday morning (where I live, anyway) - don't get annoyed: I am only joking...

(It is generally agreed that the origin of compound interest can be traced back to the Old Babylonian period (ca. 2000–1600 BCE), because we know that the Babylonians called compound interest şibāt şibtim “interest on interest” in Akkadian, and even solved mathematical problems on it.)

BeatlemaniaSA wrote: Sun Jan 07, 2024 5:48 am Do you have any screenshots of the trades that you've taken that have not worked out or where you entered earlier?

This will assist me in helping you and analyzing the entries

Good morning,
I have 3 examples to demonstrate what I meant. (Please ignore the fact the with theses absurd spreads no trade would even make sense)

First example BTCUSD M5:
I enter a short at 08:05 because there is a Zee Signal + the indicators down below align (even if there not visible) + the TDI setup is RSI < Signal < MBL.
I close the trade at 08:10 because the initial Zee Signal dissappeared. Also, the previous resistance Zee turned into scissors. Now the question could be if I should wait for another candle to see if the initial Zee remains or vanishes. (In hindsight it was good closing the trade since it did run against me.) Second example DOGUSD M5:
Enter a long at 10:30 because of the same reasons mentioned above (Zee + indicators align + TDI is RSI > Signal > MBL).
I close the trade at 10:50 because the initial Zee line vanished. Third example KSMUSD M30:
Enter a long at 09:35 because of same alignment of indicators as mentioned before.
I close the trade at 10:05 (next candle) bcs the initial Zee vanished & there is a opposite Zee Signal I assume that this happens to most of us in some form or another due to the repainting factor of the indicator. How do you cope with it?
also for disclaimer: I didn't check if there was a recent cross of RSI / Signal, just if the values went along to the theory.

This is probably also the moment at the ATS and others need to be considered?!

thanks in advance for your input

Onomatopoeia wrote: Sun Jan 07, 2024 8:39 pm Good morning,
I have 3 examples to demonstrate what I meant. (Please ignore the fact that with these absurd spreads, no trade would even make sense)

I've had a look and in all the trades you entered too early. What do I mean by that?

What HTF have you chosen? If your ETF is the 5min normally the 30min would be a good HTF. Now if you go and check you'll see that the confirmation on the 30min charts for all the pairs that you traded came much later than your 5min entries. There was NO confirmation on the HTF for the sells and buys when you entered on the 5min chart.

You'll help reduce the likelihood of false entries by ALWAYS checking the HTF before considering entering on your ETF. Yes, it can be very tempting to get in on the lower timeframe but as you've discovered it was not a good idea.

Irrespective of the timeframe combinations you choose you need to ALWAYS trade in the direction of the higher timeframe bias. Learn to wait and practice patience.

The 5min chart can present a lot of volatility, especially for crypto so be aware of that. In addition, the weekend is generally NOT a good time to be trading. However, that is just my opinion from experience.

Remember, let the trades come to you. DON'T go chasing trades

BeatlemaniaSA wrote: Sun Jan 07, 2024 9:38 pm I've had a look and in all the trades you entered too early. What do I mean by that?

What HTF have you chosen? If your ETF is the 5min normally the 30min would be a good HTF. Now if you go and check you'll see that the confirmation on the 30min charts for all the pairs that you traded came much later than your 5min entries. There was NO confirmation on the HTF for the sells and buys when you entered on the 5min chart.

You'll help reduce the likelihood of false entries by ALWAYS checking the HTF before considering entering on your ETF. Yes, it can be very tempting to get in on the lower timeframe but as you've discovered it was not a good idea.

Irrespective of the timeframe combinations you choose you need to ALWAYS trade in the direction of the higher timeframe bias. Learn to wait and practice patience.

The 5min chart can present a lot of volatility, especially for crypto so be aware of that. In addition, the weekend is generally NOT a good time to be trading. However, that is just my opinion from experience.

Remember, let the trades come to you. DON'T go chasing trades

2024-01-07_DOGUSD 30M.png

Thanks Beatle!
Yeah, for some reason I still had the H4 as HTF for the M5 charts....
Also I know that trading on the weekend is no optimal, but apart from crypto there aren't any markets open for me to be testing my entries & exits.
On the KSMUSD M30 chart I entered the long trade while the H4 chart lastly showed scissors after a Zee resistance signal. Maybe that's the issue? I calculate the HTF bias just by looking at the last appeared Zee Signal: If last was Zee support --> long bias, vice versa for short. If the last were scissors then I also take the second last signal into account and count the scissors as support/resistance depending on the second last signal.

I'll change to the M30 charts for today and see how that goes. Also keep in mind, that I didn't manually trade any of these, they were just according to the specified entry/exit conditions I defined. I'm fully aware that this won't bring the same results an experienced manual trader would/could achieve. My goal is to see if (& with which settings) this can still turn out to be profitable.
Cheers!

numega wrote: Sun Jan 07, 2024 3:13 am Searching with the help of google.

I found these videos, they are recent, I think they are from the private FTAP mentoring

....

in one of these videos Wade talks about the benefits of trading higher TF's. Not going to repeat what he said, but i think it's a very good watch.
It's not as exciting, seems slow, but if the objective is making money and not gambling, it becomes much easier. And you can still go to M1 for your adrenaline fix to lose some of the money the HTF's made for you.

Look for signals on M30. Look at H4, if the trend directions and the readings of the basement indicators on both charts coincide, then enter. It's very simple!