heyuen7 wrote: Sun Aug 04, 2024 3:00 pm btw what software do you use for commenting? i just use canvas

Dear heyuen7,

you can use Flameshot

Cagliostro wrote: Sun Aug 04, 2024 6:00 pm The 4 histos are vwap, gann hilo on 2 different tf and genesys. The issue is not the MAs, but the settings that look for confluences on 5M and higher TF.

Is there any way to optimize these indicators to work with the 1-minute timeframe? I really like seeing them align in the same direction.

tmostafa007 wrote: Sun Aug 04, 2024 6:06 pm Is there any way to optimize these indicators to work with the 1-minute timeframe? I really like seeing them align in the same direction.

1M is too fast, the only things that really work are moving averages and market structure.

Curioso wrote: Sun Aug 04, 2024 9:18 am Hello tmostafa007,

Lets catch the second example, because the first one i see you are in the new start of day.
Untitled.png

Tell me your opinion next to try to understand better what is your doubt.

Hello Curioso
I highly appreciate your unrelenting effort in demonstrating the right entries using 65m. I have seen you show entries, 1) after 2nd dot + 4 minidots, 2) after 2nd dot + 2 minidots, 3) after arrow dot + 2 mini with no 2nd dot (as in the SS). What do you consider before taking this different types of entries? Personally I love the Sq arrow, arrow dot, 2nd dot, 4 minidot combination. Thank you.

heyuen7 wrote: Sun Aug 04, 2024 3:00 pm btw what software do you use for commenting? i just use canvas

Hello heyuen7,

Native from windows, mspaint (the old one)

Cagliostro wrote: Sun Aug 04, 2024 6:00 pm The 4 histos are vwap, gann hilo on 2 different tf and genesys. The issue is not the MAs, but the settings that look for confluences on 5M and higher TF.

Hello Cagliostro,

Exactly, you're absolutely right.

Elon Musk's quote, "The best part is no part. The best process is no process," reflects his philosophy on efficiency and simplicity in design and operations.

1. **Minimizing Complexity**:
- **The best part is no part**: This suggests that, in engineering and manufacturing, the fewer the components or parts used, the better. Each part in a system introduces potential points of failure, adds complexity, requires maintenance, and often drives up costs. By reducing the number of parts, one can create more reliable, efficient, and cost-effective products.

2. **Streamlining Processes**:
- **The best process is no process**: This emphasizes the importance of eliminating unnecessary steps in a process. Often, processes can become bogged down with redundant or non-value-adding activities. By eliminating these, operations can become faster and more efficient. The goal is to streamline workflows to their most essential and effective components.

Overall, Musk is advocating for a design and operational philosophy that prioritizes simplicity and efficiency. By minimizing parts and processes, it’s possible to reduce costs, improve performance, and increase the reliability of both products and systems. This approach aligns with lean manufacturing principles and can lead to significant innovations and improvements in various fields.

tmostafa007 wrote: Sun Aug 04, 2024 6:06 pm Is there any way to optimize these indicators to work with the 1-minute timeframe? I really like seeing them align in the same direction.

Hello tmostafa007,

I see your daily efforts, let me make a suggestion if you don't mind.

Why don't you start on M5 and with the Cagliostro template, and walk around like that for 2 to 4 weeks, don't change anything, follow the tips, completely master your setup, and then try downgrading to M1.

It can help you a lot in your learning journey, what do you think about that?

waal69 wrote: Sun Aug 04, 2024 7:03 pm Hello Curioso
I highly appreciate your unrelenting effort in demonstrating the right entries using 65m. I have seen you show entries, 1) after 2nd dot + 4 minidots, 2) after 2nd dot + 2 minidots, 3) after arrow dot + 2 mini with no 2nd dot (as in the SS). What do you consider before taking this different types of entries? Personally I love the Sq arrow, arrow dot, 2nd dot, 4 minidot combination. Thank you.

Hello waal69,

Thanks for your words, it means that the work we're all doing is on the right track.

Regarding your question, it all depends on how we have the patterns being formed, but I always try to show that it's possible to have several entries and manage positions.

tmostafa007 wrote: Sat Aug 03, 2024 10:23 pm Hello everyone,

As most of you know from my profile, I am from Egypt. I've been trading with ICMarkets for a long time, but I've faced many issues with withdrawals. Therefore, I plan to change brokers. I currently have several options:

1. Exness
2. FP Markets
3- FBS
4- globalprime

The issue I am concerned about is leverage. Since I only deposit $100, leverage is very important to me, along with the spread.

Also, I am open to any other recommendations. I trust this community and value your input.

Hi tmostafa007,
IC Markets still stands as one of the best Brokers out there for retail traders. They offer very tight spreads and very good leverage (up to 1:500).
They're very fair compared with many other Brokers out there.
Try funding via PayPal. Deposits are instant, and withdrawals are next day.

As per lot size, they offer two different minimum sizes for INDEXES...depending on the Metatrader platform you use.
If you use MT4, the minimum lot size is 1
If you use MT5, the minimum lot size is 0.1

With a small equity, I suggest you open an MT5 account.
You will be able to trade mini-lots.

Hope this helps!