BONZ. Using technical indicators to trade.

If you don't know where to start, start here! Don't be afraid to ask questions.

Moderator: moderators

User avatar
kiwiarian
rank: 500+ posts
rank: 500+ posts
Posts: 767
Joined: Thu Dec 23, 2021 8:15 am
Reputation: 455
Location: New Zealand
Gender: Male

Re: BONZ. Using technical indicators to trade.

Postby kiwiarian » Sat Jan 28, 2023 11:41 pm

Don_xyZ wrote:It's fairly simple to make 1R a day with this methodology and if this is done religiously, it's 20R a month more or less. Very good prospect for beginners. More advanced traders might shoot for 5R to 10R a day and depending on the MM and size, this could be a millionaire maker.
The only thing you need to watch for is using proper SL level and TP.
Also when the bias is just starting and price is wriggling along the open price.

BONZ 2023 Ultra Clear 4.png

Nice Don, thanks for that. I like how just one chart is needed, with a couple of overlay's such as the 8H candle. My Killzone will be in the Asian session, waiting a few hours after the day open, as like you said it just floats along for a while.
I have put this on my list once I am back from my holiday to "just trade" and focus on one concept at a time and find a style that suits me (in reality, one I can master)...

I think the MM will be the interesting part of this to get working now that you have provided the framework on a silver platter :)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
Don_xyZ
rank: 1000+ posts
rank: 1000+ posts
Posts: 1163
Joined: Tue Dec 14, 2010 9:15 am
Reputation: 1022
Gender: None specified

Re: BONZ. Using technical indicators to trade.

Postby Don_xyZ » Sun Jan 29, 2023 1:04 am

Entry method.

@ candle close
BONZ 2023 Ultra Clear Entries wm.png
BONZ 2023 Ultra Clear Entries wm.png (115.09 KiB) Viewed 1748 times


@ candle extreme
BONZ 2023 Ultra Clear Entries 2 wm.png
BONZ 2023 Ultra Clear Entries 2 wm.png (100.52 KiB) Viewed 1748 times


There's a lot more that you can play with.
If the timing is right, it can turn into an Anchor trade.
See how simple it is to get 1R a day? :lol:
My threads

Patterns Observation
post148989#p148989

BONZ
post151670#p151670

MENTAL FORTIFICATION
post168148#p168148

Image

User avatar
Don_xyZ
rank: 1000+ posts
rank: 1000+ posts
Posts: 1163
Joined: Tue Dec 14, 2010 9:15 am
Reputation: 1022
Gender: None specified

Re: BONZ. Using technical indicators to trade.

Postby Don_xyZ » Mon Jan 30, 2023 10:18 am

You got the static filter and dynamic filter. I hinted this in the past post. What can go wrong? Well, if I have to guess it's the greed within that's wrong. Nial Fuller is a millionaire trader just by using the double MA plus price action.

BONZ 2023 Jan 30, 2023.png
BONZ 2023 Jan 30, 2023.png (40.63 KiB) Viewed 1672 times


Still can't produce at least 1R a day after this post? Really now? :lol: :lol: :lol:
My threads

Patterns Observation
post148989#p148989

BONZ
post151670#p151670

MENTAL FORTIFICATION
post168148#p168148

Image

User avatar
prochargedmopar
rank: 10000+ posts
rank: 10000+ posts
Posts: 12048
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 1790
Location: Granbury, TX
Gender: Male
Contact:

Re: BONZ. Using technical indicators to trade.

Postby prochargedmopar » Mon Feb 06, 2023 12:42 pm

Don_xyZ wrote:You got the static filter and dynamic filter. I hinted this in the past post. What can go wrong? Well, if I have to guess it's the greed within that's wrong. Nial Fuller is a millionaire trader just by using the double MA plus price action.

BONZ 2023 Jan 30, 2023.png

Still can't produce at least 1R a day after this post? Really now? :lol: :lol: :lol:


Don
ICT was trading with Tom last night on the Dax during London.
ICT posted a vid of his trade he took in the Mentorship channel.
He did say Tom called a winner for his crew and it is NOT a competition but you KNOW ICTs trades go to target. lol

Just thought you'd be interested.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

User avatar
Don_xyZ
rank: 1000+ posts
rank: 1000+ posts
Posts: 1163
Joined: Tue Dec 14, 2010 9:15 am
Reputation: 1022
Gender: None specified

Re: BONZ. Using technical indicators to trade.

Postby Don_xyZ » Mon Feb 06, 2023 2:40 pm

prochargedmopar wrote:
Don_xyZ wrote:You got the static filter and dynamic filter. I hinted this in the past post. What can go wrong? Well, if I have to guess it's the greed within that's wrong. Nial Fuller is a millionaire trader just by using the double MA plus price action.

BONZ 2023 Jan 30, 2023.png

Still can't produce at least 1R a day after this post? Really now? :lol: :lol: :lol:


Don
ICT was trading with Tom last night on the Dax during London.
ICT posted a vid of his trade he took in the Mentorship channel.
He did say Tom called a winner for his crew and it is NOT a competition but you KNOW ICTs trades go to target. lol

Just thought you'd be interested.


ICT is good but he's also bad.
Good because his methods work.
Bad because naive people might think it's freakin' easy to make money and another one like Frank-Dodd might be enforced, God knows when.
My threads

Patterns Observation
post148989#p148989

BONZ
post151670#p151670

MENTAL FORTIFICATION
post168148#p168148

Image

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
IgazI
rank: 1000+ posts
rank: 1000+ posts
Posts: 2016
Joined: Sat Feb 17, 2018 5:28 pm
Reputation: 1663
Gender: None specified

Re: BONZ. Using technical indicators to trade.

Postby IgazI » Mon Feb 06, 2023 6:53 pm

Don_xyZ wrote:You got the static filter and dynamic filter. I hinted this in the past post. What can go wrong? Well, if I have to guess it's the greed within that's wrong. Nial Fuller is a millionaire trader just by using the double MA plus price action.

Still can't produce at least 1R a day after this post? Really now? :lol: :lol: :lol:


Why not just use price as the trend line?

And then you don't have to worry about sideways PA dragging the TL into a breakout.

what_is.jpg
what_is.jpg (106.3 KiB) Viewed 1535 times
"Everything Should Be Made As Simple As Possible, But Not Simpler!"

User avatar
kiwiarian
rank: 500+ posts
rank: 500+ posts
Posts: 767
Joined: Thu Dec 23, 2021 8:15 am
Reputation: 455
Location: New Zealand
Gender: Male

Re: BONZ. Using technical indicators to trade.

Postby kiwiarian » Mon Feb 06, 2023 11:02 pm

Don_xyZ wrote:You got the static filter and dynamic filter. I hinted this in the past post. What can go wrong? Well, if I have to guess it's the greed within that's wrong. Nial Fuller is a millionaire trader just by using the double MA plus price action.

BONZ 2023 Jan 30, 2023.png

Still can't produce at least 1R a day after this post? Really now? :lol: :lol: :lol:


OK newb question of the day since no one else has asked one yet :) , if I want to use the 5m or 15m chart instead of the 1m, keeping the same MA's up (7 and 19), is there anything wrong with that straight adaption? I think Alias had MA 21 on his 5 min and then jumping to 1m I think he kept it on 21 MA period still (correct me if I'm wrong).
I guess I'm asking is there a common process people use to change parameters when switching time frames, ? Obviously back testing is one aspect.

User avatar
Don_xyZ
rank: 1000+ posts
rank: 1000+ posts
Posts: 1163
Joined: Tue Dec 14, 2010 9:15 am
Reputation: 1022
Gender: None specified

Re: BONZ. Using technical indicators to trade.

Postby Don_xyZ » Tue Feb 07, 2023 1:46 am

IgazI wrote:
Don_xyZ wrote:You got the static filter and dynamic filter. I hinted this in the past post. What can go wrong? Well, if I have to guess it's the greed within that's wrong. Nial Fuller is a millionaire trader just by using the double MA plus price action.

Still can't produce at least 1R a day after this post? Really now? :lol: :lol: :lol:


Why not just use price as the trend line?

And then you don't have to worry about sideways PA dragging the TL into a breakout.

what_is.jpg


Yes. That is what traders must strive for. As for the general public, they need to be whipped first, thus the double whip to make it extra strong :lol: :lol: :lol:
My threads

Patterns Observation
post148989#p148989

BONZ
post151670#p151670

MENTAL FORTIFICATION
post168148#p168148

Image

User avatar
Don_xyZ
rank: 1000+ posts
rank: 1000+ posts
Posts: 1163
Joined: Tue Dec 14, 2010 9:15 am
Reputation: 1022
Gender: None specified

Re: BONZ. Using technical indicators to trade.

Postby Don_xyZ » Tue Feb 07, 2023 1:53 am

kiwiarian wrote:
Don_xyZ wrote:You got the static filter and dynamic filter. I hinted this in the past post. What can go wrong? Well, if I have to guess it's the greed within that's wrong. Nial Fuller is a millionaire trader just by using the double MA plus price action.

BONZ 2023 Jan 30, 2023.png

Still can't produce at least 1R a day after this post? Really now? :lol: :lol: :lol:


OK newb question of the day since no one else has asked one yet :) , if I want to use the 5m or 15m chart instead of the 1m, keeping the same MA's up (7 and 19), is there anything wrong with that straight adaption? I think Alias had MA 21 on his 5 min and then jumping to 1m I think he kept it on 21 MA period still (correct me if I'm wrong).
I guess I'm asking is there a common process people use to change parameters when switching time frames, ? Obviously back testing is one aspect.


No problem in doing that. Just switch tf and leave the EMAs as they are. However, since you have the static set to a certain tf, if you move up tf too much it might ruin the bias. M1 to M5 is still ok but M1 to M15 or anything higher is bad.
My threads

Patterns Observation
post148989#p148989

BONZ
post151670#p151670

MENTAL FORTIFICATION
post168148#p168148

Image

User avatar
Don_xyZ
rank: 1000+ posts
rank: 1000+ posts
Posts: 1163
Joined: Tue Dec 14, 2010 9:15 am
Reputation: 1022
Gender: None specified

Re: BONZ. Using technical indicators to trade.

Postby Don_xyZ » Thu Feb 23, 2023 5:48 am

If there's anything simpler in the trading world, it's BONZ.

EURUSDM1 BONZ.png
EURUSDM1 BONZ.png (59.57 KiB) Viewed 1196 times

EURUSDM1 BONZ 2.png
EURUSDM1 BONZ 2.png (49.06 KiB) Viewed 1196 times

USDJPYM1 BONZ.png
USDJPYM1 BONZ.png (53.16 KiB) Viewed 1196 times

USDJPYM1 BONZ 2.png
USDJPYM1 BONZ 2.png (43.05 KiB) Viewed 1196 times

AUDUSDM1 BONZ.png
AUDUSDM1 BONZ.png (47.06 KiB) Viewed 1196 times

AUDUSDM1 BONZ 2.png
AUDUSDM1 BONZ 2.png (46.78 KiB) Viewed 1196 times


If you can do 1R a day ... (complete using your choice of words).
1R a day x 20 days a month x 12 months a year = $$$
If you compound or use parlay then it's like speeding on autobahn. Just don't be like the cocky idiot like this guy...



GIGA lolz
My threads

Patterns Observation
post148989#p148989

BONZ
post151670#p151670

MENTAL FORTIFICATION
post168148#p168148

Image

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “beginners forum”