Ricstar_8 wrote: Sat Aug 03, 2024 1:43 pm
Hello Curioso, thank you for so many very helpful posts. I have a question.
Do you apply any different settings inside the XU v65m-XARD UNIVERSE indicator (or anywhere else) when trading BTC on M1 timeframe compared to trading any other index, commodity or currency pairs on M1?
Hello Ricstar_8,
Thank you for words.
Is a great question, but I'm only using all the template provided from xard777, not need add or remove anything (except news indicator). In my personal opinion i don´t add anything extra indicator to my template, but sometimes i testing different indicators, just like I did with kvak's a few days ago, which I really liked for its simplicity. But these are tests I do, but always following the logic.
The pairs i trade at this moment is:
BTCUSD
DE40
US30
ETHUSD
US500
XAUUSD
XNGUSD
XTIUSD
Other pairs, for example major pairs or minors, and more, can be confusing, and stressful and the gains is lower, be wise in choose for the pairs.
If M1 is too complicated or stressful for you, why not start with a higher timeframe, for example M15. Maybe it'll create less confusion and stress for you, and then once you understand the logic, move down to M5 and when you've mastered it completely, move up to M1.
It can be tough in a learning process to enter what for many is considered the most painful time frame. But for me it's simply brilliant because you feel the emotion of the trends flowing in real time.
I share with you and all members now my entry in BTCUSD in M1
PERSONAL NOTE: when i see the 4th minidot i move the stop loss to there. But only idea, there are others.