MightyOne wrote:es/pip wrote:only had half positions on these two-- on phone yada yada yada--- didnt get the rest on
depending on how this h1 bar closes i will be watching this on the euro
Nice trading es /pip
thank you sir
Moderator: moderators
stationmichal wrote:Master Teacher,
I am sorry, I was ahead of you. I spell out "V" indicator, but it should be "V" indication, not indicator. This is the MOST KEEP SECRET of the Master.
(':-({|=')
{Even if I am only scalping I have the possibility of holding for unheard of returns of 26-52% or more in a single day.}
You are truly AMAZING Master, TRO may not be able to catch up. ('\\:D/')
TRO, you need to be "reborn" to learn new trick.(':D')
Well... don't know what to respond to this, sometimes I see it and some other don't. Sometimes I trade successfuly, and much more often than not disgracefuly. I relly enjoy all you guys posts, specially as you're successful traders, what somehow gives me the hope of me being successful such as you.
Mighty, would you be so kind to answer this:
When you see this 1-2 pattern, you enter right on the wick of 2 (on the z line or better), or wait to the next candle, after candle 2 cloeses to ensure candle 2 really wicks the ZL?
es/pip, from the entry prices you have posted several times, I can see that most of the time you enter on the candle that follows the 2 on the 1-2 pattern. Do you enter market orders, or stop orders (as limit orders cannot go your way)? I'm also interested in knowing your stop loss policy, method.
I also wonder if you use some filter to take or discard trades? Like only going with H1, D1 color, etc.
I'm attaching 2 images, before and after... cand you please coment on weather this was ok but it didn't workout, or was not a good setup?
Before, what I considered good setup, candle wicking ZL, and trend is short... short entry looks like a good one.
Ended like this
i do not so much filter trades per say based off trend or daily or anything like that. I look to SEE where we are and where we are likely to go and trade accordingly
stops---------- i have a hard stop that is different for each timeframe---still a work in progress---- but when a bar closes against me i try to get out at b/e or the best price i can dictated by a lower timeframe chart
i enter different at different times depending on what i see. I rarely offer a full position at a zline.
just bec u see a zline it doesn't mean u just take it
you are looking to go short
scenario 1
all the candles marked 1 are bodies in direction of profit(for a long)--- you finally get a body in direction of profit(towards your short bias) on the candle marked 2
had the candle marked 2 had some bearish momentum and come down below the candle marked A, and then came back up and wicked it then you would have had a reason to get short----based on the 15 min chart alone.
scenario 2
i would see that i am coming into that zline on the 15 min chart and i would look inside to the 5 min for a reason to get short.
scenario 3
you blindly offer that zline short, and then flip down to 5 min and see whats happening---------------this would be a 1/4 position for me--had i did that---i did not
no momentum on the down bar into the 5 min zline--- i would have been out somewhere in that area
shreddr wrote:Well... don't know what to respond to this, sometimes I see it and some other don't. Sometimes I trade successfuly, and much more often than not disgracefuly. I relly enjoy all you guys posts, specially as you're successful traders, what somehow gives me the hope of me being successful such as you.
Mighty, would you be so kind to answer this:
When you see this 1-2 pattern, you enter right on the wick of 2 (on the z line or better), or wait to the next candle, after candle 2 cloeses to ensure candle 2 really wicks the ZL?
es/pip, from the entry prices you have posted several times, I can see that most of the time you enter on the candle that follows the 2 on the 1-2 pattern. Do you enter market orders, or stop orders (as limit orders cannot go your way)? I'm also interested in knowing your stop loss policy, method.
I also wonder if you use some filter to take or discard trades? Like only going with H1, D1 color, etc.
I'm attaching 2 images, before and after... cand you please coment on weather this was ok but it didn't workout, or was not a good setup?
Before, what I considered good setup, candle wicking ZL, and trend is short... short entry looks like a good one.
Ended like thisi do not so much filter trades per say based off trend or daily or anything like that. I look to SEE where we are and where we are likely to go and trade accordingly
stops---------- i have a hard stop that is different for each timeframe---still a work in progress---- but when a bar closes against me i try to get out at b/e or the best price i can dictated by a lower timeframe chart
i enter different at different times depending on what i see. I rarely offer a full position at a zline.
just bec u see a zline it doesn't mean u just take it
you are looking to go short
scenario 1
all the candles marked 1 are bodies in direction of profit(for a long)--- you finally get a body in direction of profit(towards your short bias) on the candle marked 2
had the candle marked 2 had some bearish momentum and come down below the candle marked A, and then came back up and wicked it then you would have had a reason to get short----based on the 15 min chart alone.
scenario 2
i would see that i am coming into that zline on the 15 min chart and i would look inside to the 5 min for a reason to get short.
scenario 3
you blindly offer that zline short, and then flip down to 5 min and see whats happening---------------this would be a 1/4 position for me--had i did that---i did not
no momentum on the down bar into the 5 min zline--- i would have been out somewhere in that area
@es/pip
in scenario 2 pic, what do you mean for 'no reason to go short'? is it because of those 3 set of 3 bull candles? in this case what's your preferable scenario for it to be a reason to go short?
thanks