DAILY WICK ZONE TRADING

[TheRumpledOne]

I think i slowly get it. Now i want only trade in the direction of previous candle. So if H4 close below previous candle low its mean that we have down trend and only shorts on that timeframe. This agree to all timeframes that we trade (MN,W,D,H4). But its still alot work for me. Manage my trades, stop loss etc.

NO.
Watch my videos.

So you watch candles colors. That is ok but i prefer for a moment close price to determinate direction for current timeframe.

So in other words, you ask me for help but reject my answers and solutions.

[TheRumpledOne]

It appears you are entering late! Entry is at the line!! You don't need other indicators.

I know. I'm just testing many different thinks. Sometimes price activate order and drop for stop loss. So if you wait for close price you can avoid fake entrys but sometimes price run very fast. I also try manage my trade, so if price close outside zone i enter, when is close inside zone i exit. Indicator that visible is for exit. For now i have problem to determinate when its time to exit. Just testing everything.

Funny thing is that, there is possibility to enter on small timeframe (breakout zone) and hold for large profit. Many options to trade.

PRICE IS THE SAME ON ALL TIME FRAMES. How many times must I repeat that?

[zonescalping]

I read yours pdf file and i see this "Keep losses small and let winners run." Few months ago i trade only for 15 pips a day. And i doing this well but after some days market change and i start losing. In one day i lost everything what i earn for one month. My question is: what is better - taking only 20 pips and leave rest or taking as much as i can. Do you have daily score in pips when you stop trading or you trade all session?

[TheRumpledOne]

I read yours pdf file and i see this "Keep losses small and let winners run." Few months ago i trade only for 15 pips a day. And i doing this well but after some days market change and i start losing. In one day i lost everything what i earn for one month. My question is: what is better - taking only 20 pips and leave rest or taking as much as i can. Do you have daily score in pips when you stop trading or you trade all session?

If you lost everything in one day, there must have been a lapse in discipline and/or over trading. Or perhaps revenge trading. Get a hold of your emotions!!

You take what you can because you never know when the market may take it back and then some.

No pip score. I focus on percent return. After one percent or more per day, I sometimes give it a rest. Can really be highly selective. Actually, should always be highly selective.

[TheRumpledOne]

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[TheRumpledOne]

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[TheRumpledOne]

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[TheRumpledOne]

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[TheRumpledOne]

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[THEDOMINICANREPUBLIC]

The weekly open goes more with my style of trend follower.
after i saw your video https://www.youtube.com/watch?v=QxaPxB_dQEA i set my chart TRO HL5 to weely.
Your idea could have made big money trading long 50 lots after the first 4 hour bar closed a bove/below the weekly open .i went back some weeks in my chart and i saw it work great some times.
big move after the 4h closed above the weekly open for nas100 week endimg 01/28/2017
I would like to know how many time price move in the direction of the 4h closing above/below weekly open for nas100 or any other pair.
what are the stat for your weekly open idea?