busy day today but never too late for one trade. this is the 2nd dot trade for the white arrow.

fadhayemustafa wrote: ↑

Thu Mar 11, 2021 8:05 am

busy day today but never too late for one trade. this is the 2nd dot trade for the white arrow.

And where is the 2º Dot?

BTC mmmmm

HK50 our every day...


No greed. No fear. Just math.

tonnogueira wrote: ↑

Thu Mar 11, 2021 12:47 pm

HK50 our every day...


HK50 11.03.2021.png


No greed. No fear. Just math.

** What's the best time to trade HK50? Thanks.

fadhayemustafa wrote: ↑

Thu Mar 11, 2021 8:05 am

busy day today but never too late for one trade. this is the 2nd dot trade for the white arrow.

Thank you as always help us newbies to learn...
I have a few questions
1) Where is the 2nd sell dot?
2) You have taken a sell ABOVE the daily open? (shouldn't it be up trades only??)
3) In the info box not all the moving averages show sell? ( only three out of 4)
4) Did the higher time frame have a strong sell? ( if so which higher TF?)
Thank you for your time.
I am guessing this is considred higher risk trade? though lucky this time , it carries higher risk? I am hoping others more experienced chimes in to help us newbies learn. Thanking all for their time.

Cladi39 wrote: ↑

Thu Mar 11, 2021 10:55 am

BTC mmmmm

Hi Cladi,
Nice trade! well done! keep it up! I was wondering if you would be kind enough to share your symbol changer? I only have Vpat, which is horizontal, I like your vertical option. Or point me in the right direction, or be kind enough to give the name and I will search!
Happy trading!

As a lot of you will know that I tend to scalp my way through the intra-day, make my Pip$ on the 5m chart with quick short moves and let two or three trades make up my daily target. This can leave a lot of traders a bit confused so I would like to point out an easier more classical way of trading using this system.

That is to trade using the 1hr and 15m charts. The 1hr TF gives us our road map and keeps us safe on our trading journey. The 15m TF is our entry points along the journey's way.

If you look at the US500 charts below you will see where our Journey starts five trading days ago (last Friday) at the bottom Perimeter Dot.
The 1hr chart is grayed out on our first trade on the 15m off the 2nd Dot (3740.61) where we would have taken a BUY at the cross of the Trend line.
Our second trade is now highlighted on both the 1hr & 15m with a BUY at the cross of the Trend line just at the Open line. Anyone of these trades would have made us our daily target.

From the Bottom Perimeter Dot we are in BUY mode and from the 2nd trade onwards the 1hr VQ is UP confirming that we should be in BUY trades for the past five days. The 15m TF shows us clearly where to get in on these trades, hit our targets and get out and repeat each day. Book our Pip$ and move on.

This is not rocket science folks, please take the time to look at both charts and ask yourself "Could I do this? be consistent with my intra-day trades".
You just need to focus, the 15m & 1hr strategy will work wonders for your trading account.
Xard777

NB If you are on the 15m chart, you could show the T2MA line (set to true in FX4 STD input menu) as this shows the 1hr line on the 15m chart.
Plus, you can also set the alarm on the 15m VQ to true to help with entries.

xard777 wrote: ↑

Thu Mar 11, 2021 8:08 pm

Xard777

Now you're talking!
The return of the Jedi!
I think this is more helpful for beginners than the last few trades on M5 (some of which where countertrend if you consider H1 as reference - and more or less in the realm of scalping).
Beginners looking at your charts right now will understand how to follow H1 and see the trades on M15.

xard777 wrote: ↑

Thu Mar 11, 2021 8:08 pm

As a lot of you will know that I tend to scalp my way through the intra-day, make my Pip$ on the 5m chart with quick short moves and let two or three trades make up my daily target. This can leave a lot of traders a bit confused so I would like to point out an easier more classical way of trading using this system.

That is to trade using the 1hr and 15m charts. The 1hr TF gives us our road map and keeps us safe on our trading journey. The 15m TF is our entry points along the journey's way.

If you look at the US500 charts below you will see where our Journey starts five trading days ago (last Friday) at the bottom Perimeter Dot.
The 1hr chart is grayed out on our first trade on the 15m off the 2nd Dot (3740.61) where we would have taken a BUY at the cross of the Trend line.
Our second trade is now highlighted on both the 1hr & 15m with a BUY at the cross of the Trend line just at the Open line. Anyone of these trades would have made us our daily target.

From the Bottom Perimeter Dot we are in BUY mode and from the 2nd trade onwards the 1hr VQ is UP confirming that we should be in BUY trades for the past five days. The 15m TF shows us clearly where to get in on these trades, hit our targets and get out and repeat each day. Book our Pip$ and move on.

This is not rocket science folks, please take the time to look at both charts and ask yourself "Could I do this? be consistent with my intra-day trades".
You just need to focus, the 15m & 1hr strategy will work wonders for your trading account.
Xard777

XARD!!! - THANK YOU!!!! That explains everything! perfectly! been reading through the forum from the begininng (got up to about 300... after that been reading from front backwards!!! heheheheh).... but this beats the cake hands down!!! THANK YOU my friend.... though I haven't met you... only a friend would help another friend without questions, without asking for anything... thank you for all the time you have put into this and thank you for sharing.
Happy trading....