xard777 wrote: Tue Oct 06, 2020 6:30 pm
Here in this 15min chart you can see the cycle moves by way of the thick ZZ line and the ARROWS.
Off these cycle moves you can see the 2nd dot, price tends to not go beyond this 2nd dot and we can safely start to take trades from here.
If and when price does cross back over a 2nd dot then simply get out, WAIT and watch.
The pattern will repeat and you can get in on the move and all the subsequent moves thereafter.
Once we recognise this type of 2nd dot move we simply repeat on all the UP and DOWN cycles day in day out.
Xard777
Dear Sir Xard ...
I think most of the inhabitants of your thread are infinitely grateful for what you are doing for all of us. Personally, I am grateful not for your system itself as such, but rather for the thoughts that you lead to, for sharing your view and approach to trading.
But at the same time, I would like to express my opinion on the presentation of the material by you in your thread. It seems to me that if you are pursuing the goal of sharing your skills and trading system, then the most correct thing would be to start with the publication of the system itself, and its final version, which will not be reworked and modified for a long time. This is necessary so that the people following you, can develop the habit of working with the system and bring these skills to automaticity. It doesn't matter how long it takes you to create this so-called final version - a week, a month, half a year ... The market will not go anywhere during this time, and people who really adhere to your approaches to trading will wait as long as necessary if they know that this will be the final release, with which they will work for a long time. And
only after the publication of the system itself is it worth starting to give examples of working with it, and
not vice versa. As long as there is no chart in the terminal with the template applied to it, any explanations lose their meaning, because a person does not know at what moments these markers appear, how they are repaints, when they disappear from the chart, etc. Its impossible to understand by looking to your pictures.
The second very significant point ... After you publish the system, specify the rules of action for this system, it would be just great and wonderful if you held a master class and showed on live trading how you (the creator) trade using your system. What exactly am I talking about .... Show people how you open positions not on history (yesterday, or a few hours ago), but online. You opened a position, immediately a screenshot to the thread, with small explanations (second point, SL, TP), so that people can see exactly how to trade using your setup. I did something similar in my thread. And everyone saw my profitable and losing trades. Here, of all the inhabitants of the thread, no one dares to such an experiment. All show and describe their approach only on historical data. If you made, let's say, 10 trades online and showed by a personal example how to use your system correctly and interpret your approach, it would be extremely useful for everyone here. And the constant and identical questions that are asked by people in a circle would stop. And I think this approach would save newbies, or those who have recently joined your thread, from having to re-read 400+ pages, besides, there is really not much sense from this reading.
With respect to you and everything that you do ...