The story of Yirbu

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Yirbu
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Re: The story of Yirbu

Postby Yirbu » Sat Mar 23, 2024 10:30 am

kiwiarian wrote:
Yirbu wrote:Follow up trade after dinner.
This was a tricky one because price was trading around the daily open.
The long green line is the 50%line of the last m5 leg up, so price was trading at a discount.
Entered at the small green line when price printed a HL.
Exit at the little red line when price did funny things and suddenly dropped.
Another 25pts :mrgreen:


240322 - Nasm1B.jpg

Are you running the 9EMA and 20MA ?
How does your rules change/ differ with the smaller EMA added now?



Yes I am. It's the 9 indeed.
It does a couple of things;
First, the 20 shows the trend and the 9 shows the momentum.
Second, it keeps me out of bad trades when I look at it in conjunction with the 20. (if 9 is below 20 only shorts etc)
The last trade where I entered at the green line; before I probably would have shorted it when price came below the 20.
Third, I also trade the 9 on it's own with various setups.

Also if you see both trades I took on the m1, they where counter trend trades on the m5. The 9 shows the way.

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Yirbu
rank: 500+ posts
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Re: The story of Yirbu

Postby Yirbu » Sun Mar 24, 2024 3:29 pm

Added some Dash on Friday.
My avg price went from sub $30 to above $30 per Dash but my position just became bigger.

There is a level at $35.5, let's see if we can close and keep above that.

Mrt24 Dash.jpg
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Yirbu
rank: 500+ posts
rank: 500+ posts
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Location: Europe
Gender: Male

Re: The story of Yirbu

Postby Yirbu » Thu Mar 28, 2024 4:25 pm

Nice and neat trading.
Price broke the level -> came back -> inside bar -> when it peaked below I went short and exit where I would go long at the yellow line.
Entry and exit to perfection.

Only thing that went wrong is: " Why didn't I go long?"


240328 - GUm5.png
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