braciola719 wrote: Wed Jan 08, 2020 12:31 am can I ask a question even though I know I will not be answered as always ... wanting to use 1 minute, what target to use ??

jcorp01 wrote: Tue Jan 07, 2020 2:37 pm



Nice... looks simple!

Are you taking into consideration any higher timeframes for direction, or just the 5 min / 1 min and whatever the Trend Ribbon is showing at the time?

XARD: Yes, I will look at 15min & 1hr too.

jcorp01 wrote: Tue Jan 07, 2020 2:37 pm



Nice... looks simple!

Are you taking into consideration any higher timeframes for direction, or just the 5 min / 1 min and whatever the Trend Ribbon is showing at the time?

XARD: Yes, I will look at 15min & 1hr too.

Austin3 wrote: Wed Jan 08, 2020 2:12 am

Once you do away with the recalculating indicators, the ribbon will do the magic.
The ribbon does not recalculate, this will help you to make a trading plan with it.

jcorp01 wrote: Wed Jan 08, 2020 3:22 am



What ribbon? Are you talking about the Signal line?

jcorp01 wrote: Wed Jan 08, 2020 12:07 pm This was a great great trade that just wrapped up on Bitcoin.

230+ pips!

A tip that could potentially help someone get more pips (or take you out earlier than desired), is to trail your stop loss. When it works, it works great. I started trailing when I was already up 100+ pips on this trade.

When it doesn't work, it takes you out early. I took out a couple of buy positions on Gold today and when it went up 20+ pips, I wanted to "protect" myself so I set my stoploss to breakeven+. All 3 trades hit breakeven and proceeded to go back up.


P.S. Don't mind the chart set up too much... I stripped somethings and added the arrzzfd for testing.

P.P.S. This 1 HUGE trade paid for all my losses the last 2 weeks Thanks much XARD for your help!