Curioso wrote: Mon Oct 07, 2024 4:06 am
Hello my dear friends,
I hope you had an excellent weekend, for those of you who rested, it was more than deserved, for those of you who stuck to the charts, I hope you made some good gains with BTCUSD.
Now it's time to roll up your sleeves, don't forget to have a 10 to 30 minute meditation session before you start your trading day, it doesn't cost anything, it's free, it's just a matter of getting your thoughts and energies back on track as the winners that so many categorize us as and even call us aliens, but that's part of it because we are unique and special traders on M1. I never thought I'd do a post like this, but it's the commitment we have every day to learning, exchanging ideas and experiences that categorizes us. Don't negotiate too much, enjoy good times with your loved ones, friends, family, but when you see a good opportunity, don't hesitate, take a risk, even if you lose it's okay, it's part of the path to success, just hard work, dedication, passion for what you do every day and keep making a difference every day.
I wish you all the maximum energy, focus and patience that we have been training over the last few weeks to maintain discipline and wait for our point to really kick ass in the markets every day, using the “XARD - Simple Trend Following Trading System”, without secrets, half-words, bad-mouthing, criticism or even less judgment.
My thanks and congratulations for your achievements this week go to:
budhi1976, Conio31, CoOp, DaveTrader, Greg, kysbog, lukgoku, mirfai, Mundu19, Samoth
To the members on the right track to be profitable and consistent in this crazy world of M1:
Andreas2000, cladi53, fnz, Lenovo, Nabs, tmostafa007, Vakarox
And a special thank you to the more senior members, for helping us every day to achieve more interesting values than the day before:
BeatlemaniaSA, Cagliostro, Jimmy, xard777, XXXX
For others are reading this post, thank you and enjoy this journey together.
My resume of this beautiful day.
Capture.JPG
And to all a great week, full of green pips for everyone.
Thanks for the words of motivation for this week I will be off the charts because I am going to rest with my family. I hope the coming week will be full of green pips for everyone here.
These users thanked the author Greg for the post (total 3):
Curioso wrote: Mon Oct 07, 2024 4:06 am
Hello my dear friends,
I hope you had an excellent weekend, for those of you who rested, it was more than deserved, for those of you who stuck to the charts, I hope you made some good gains with BTCUSD.
Now it's time to roll up your sleeves, don't forget to have a 10 to 30 minute meditation session before you start your trading day, it doesn't cost anything, it's free, it's just a matter of getting your thoughts and energies back on track as the winners that so many categorize us as and even call us aliens, but that's part of it because we are unique and special traders on M1. I never thought I'd do a post like this, but it's the commitment we have every day to learning, exchanging ideas and experiences that categorizes us. Don't negotiate too much, enjoy good times with your loved ones, friends, family, but when you see a good opportunity, don't hesitate, take a risk, even if you lose it's okay, it's part of the path to success, just hard work, dedication, passion for what you do every day and keep making a difference every day.
I wish you all the maximum energy, focus and patience that we have been training over the last few weeks to maintain discipline and wait for our point to really kick ass in the markets every day, using the “XARD - Simple Trend Following Trading System”, without secrets, half-words, bad-mouthing, criticism or even less judgment.
My thanks and congratulations for your achievements this week go to:
budhi1976, Conio31, CoOp, DaveTrader, Greg, kysbog, lukgoku, mirfai, Mundu19, Samoth
To the members on the right track to be profitable and consistent in this crazy world of M1:
Andreas2000, cladi53, fnz, Lenovo, Nabs, tmostafa007, Vakarox
And a special thank you to the more senior members, for helping us every day to achieve more interesting values than the day before:
BeatlemaniaSA, Cagliostro, Jimmy, xard777, XXXX
For others are reading this post, thank you and enjoy this journey together.
My resume of this beautiful day.
Capture.JPG
And to all a great week, full of green pips for everyone.
Thank you Curiosa, for always encouraging us and being one of our mentors in this forum Btw i see on your pic that u use Xard-15m, where i can get that? I check on first page in this forum but the latest is 14m.
These users thanked the author mirfai for the post (total 2):
mirfai wrote: Mon Oct 07, 2024 7:02 am
Thank you Curiosa, for always encouraging us and being one of our mentors in this forum Btw i see on your pic that u use Xard-15m, where i can get that? I check on first page in this forum but the latest is 14m.
mirfai wrote: Mon Oct 07, 2024 7:02 am
Thank you Curiosa, for always encouraging us and being one of our mentors in this forum Btw i see on your pic that u use Xard-15m, where i can get that? I check on first page in this forum but the latest is 14m.
1. Relevant for institutional traders
Many institutional traders (banks, hedge funds, etc.) refer to the 4-hour chart because it provides enough information to anticipate larger market moves without too much noise from smaller timeframes (like M1 or M5). This makes the H4 timeframe an important reference point where larger market participants often become active.
2. Market structure on a medium timeframe
The H4 timeframe reveals key support and resistance levels, which are often crucial for determining the direction of the trend. These levels are closely watched by market participants, so you often see significant movements or trend reversals near H4 candles.
3. Interactions between large and small timeframes
When you observe the opening of a new H4 candle on the M1 chart (1-minute chart), you often notice momentum changes or even trend reversals. This happens because a new H4 candle brings fresh information for all market participants, often leading to a reassessment of the market situation. When institutional traders open or close positions, it reflects in increased momentum or trend changes, which are especially visible on the M1 chart.
Conclusion:
H4 candles are critical because they capture key market structures, institutional interests, and time zone shifts in the medium term. This makes them often signal points of trend reversals or momentum acceleration. On smaller timeframes like M1, this becomes especially noticeable as short-term momentum shifts quickly when a new H4 candle begins.
HI Samoth, i hope you are well.
do you know what does the 25% 50% and 75% lines mean?
xard777 wrote: Mon Oct 07, 2024 9:45 am
I am going to drop the reads section as people are not accessing it which is a shame.
I will post a new trading update next week and leave it at that. Xard777
Hi Xard,
I think it is just a bit of information overload for most people. Hell as you can see below the average time spent reading (American Survey) is in minutes not hours
I would suggest posting in your reads section once every 2 weeks or once a month
These users thanked the author BeatlemaniaSA for the post (total 4):
xard777 wrote: Mon Oct 07, 2024 9:45 am
I am going to drop the reads section as people are not accessing it which is a shame.
I will post a new trading update next week and leave it at that. Xard777
I think it's just because people are used to seeing the reads posted here, and not everyone got the heads-up that your reads are now going to be on an entirely separate thread.
Curioso wrote: Mon Oct 07, 2024 4:06 am
Thanks Curioso for the encouraging words for starting the week. You are someone special speaking words of motivation every day. I really appreciate that.
Mundu
These users thanked the author Mundu19 for the post: