honje19960321 wrote: Sun Nov 20, 2022 7:47 pm Mr.FAIZANXG

Great, Can you tell me how you filter out flat and range markets.

Honje

OK so funny thing I wokeup early for LONDON SESSION thinking today was MONDAY so I wokeup excited to make some pips but then realized its SUNDAY!
so I was like why not check the crypto market and see whats happening if nothing happens ill go back to sleep
but then guess what I saw..........SECOND DOT!
WHO KNEW

Exited when PINK SEMAFOR appeared and took my profit of +46% and DONE

XARD: You appear to be doing OK now, that is good to see.

FAIZANXG You taught us how to fish Mr.Xard im greatful, Just gotta stay consistent and keep the mental game strong that is very hard.

Hello Faizanxg,

What I see on that bitcoin move is that the down move was about $130. The spread I see is about $49. Could you elaborate how you achieved a return of 46%? I mean what was your entry to stop loss difference and what percentage was this on your total account value?

Because at first sight it seems that you just took a wild bet here with huge risk. Please correct me if I am mistaken.

FAIZANXG wrote: Sun Nov 20, 2022 7:53 pm OK so funny thing I wokeup early for LONDON SESSION thinking today was MONDAY so I wokeup excited to make some pips but then realized its SUNDAY!
so I was like why not check the crypto market and see whats happening if nothing happens ill go back to sleep
but then guess what I saw..........SECOND DOT!
WHO KNEW

Exited when PINK SEMAFOR appeared and took my profit of +46% and DONE

chris006 wrote: Sun Nov 20, 2022 8:34 pm Hello Faizanxg,

What I see on that bitcoin move is that the down move was about $130. The spread I see is about $49. Could you elaborate how you achieved a return of 46%? I mean what was your entry to stop loss difference and what percentage was this on your total account value?

Because at first sight it seems that you just took a wild bet here with huge risk. Please correct me if I am mistaken.

I use XBTFX MT4 "FOR ONLY CHARTING" and execute the trades on BITGET FUTURES TRADING sometimes I use BINANCE with 100x leverage.

yes it was a high risk trade but I had only few hundred bucks in the exchange so why not? IM JUST FOLLOWING THE RULES

see the screenshot i posted before. BIG SEMAFOR bias on M5 then second dot on M5 also on M30 and then I got the ARROW SIGNAL and saw the RSI Moving DOWNWARDS so I took the trade. I wasn't expecting it to SHOOT DOWN that much, BUT IT DID. and then BIG SEMAFOR DOT appeared and I exited. SIMPLE

new here, can someone confirm or dismiss what i got from all that i read.

In this image, on M30 i would wait for 1 and only then wait for 2, 3, 4 or 5 (red inside the white dots).
Now i would take the trades (sell) on M5 with the red dots after 3 and 5 when everything is red. I would not take the ones after the 2 and 4 because there is still lots of blue.

I know i'm simplifying, but Is this it?
Thanks.

Forexlearner wrote: Mon Nov 21, 2022 12:45 am new here, can someone confirm or dismiss what i got from all that i read.

In this image, on M30 i would wait for 1 and only then wait for 2, 3, 4 or 5 (red inside the white dots).
Now i would take the trades (sell) on M5 with the red dots after 3 and 5 when everything is red. I would not take the ones after the 2 and 4 because there is still lots of blue.

I know i'm simplifying, but Is this it?
Thanks.

3 and 5 below the openline when rsi of 15 passed the midline have more confirmations for entry

thanks, much appreciated

guys please give me a clue
whats is the best methodology for choosing optimum TP(s) and finally closing the position ? I have a serious problem with it

I try these :
1-liquidity lines for TP and when it reachو choosing higher liquidity line as Mr. BeatlemaniaSA somtimes mention it,in his samples..
2-Bollinger Bands and Donchian Channels of higher time frames when it reach ,TDI etc....
3- when rsi cross the trend line in RSIOMA
4- when candles cross the signal or trend line or when candle changes it's color


5- considering and mixing all of them and hanging for taking best decisions!!!!

please teach me your methodology for choosing and changing TP(S) and best time of closing a trades..
(if special indi you advice for it,please mention it)

thank you

Update soon...
Xard777

xard777 wrote: Mon Nov 21, 2022 5:26 am Update soon...
Xard777

SECOND DOT within a SECOND DOT hehe.. NICEE

Cant wait!

I tried to get as close as possible with Mr.Xard's recent chart.
You can see that when you look at higher time frames everything becomes CLEAR

Yes today I made only %2.30 and I was done, Im trying to minimize the risk, stay consistent and master the system.