Never Lose Again

[LeMercenaire]

Thank you LeM,
that you took the time to answer the questions in detail.
This is a great help to profit from your experience. Above all, to build a stress-free existence and work stress-free.
I will also choose two currency pairs and try to work with different methods.
I find 'SCREEN BLINDNESS' excellent.
Thank you again

Glad to have been of some help.

One other thing - you will eventually find that you will gravitate towards one or maybe two of that stable of methods you have developed and so you will naturally find what really works for you. What kind of trader you actually are.

That doesn't mean you will dump the others, there will always be times where you will find a perfect set up for one of them, just that you will now have your number 1 go-to method.

I believe that 2 methods have filtered out for me at the time.
MISSED PP and RAT_ZONE
The challenge for me is to bring both systems under one roof. I do not know yet if it will work. I give my best
Thank you for your support

Well, going on that, if you think about it, if you have your pivot plotted out and price is sitting in a RAT Zone, then you have a pretty good idea which way price is likely to turn.

I use Daily Wick Zone in the same way, as an always constant overlay. I'm not necessarily trading it directly but I am aware of its effects on price as it stands at any given time.

I would always recommend having a chart with the Daily Wick Zones for the pair you are working, open in the background for reference.

[Skyold]

Glad to have been of some help.

One other thing - you will eventually find that you will gravitate towards one or maybe two of that stable of methods you have developed and so you will naturally find what really works for you. What kind of trader you actually are.

That doesn't mean you will dump the others, there will always be times where you will find a perfect set up for one of them, just that you will now have your number 1 go-to method.

I believe that 2 methods have filtered out for me at the time.
MISSED PP and RAT_ZONE
The challenge for me is to bring both systems under one roof. I do not know yet if it will work. I give my best
Thank you for your support

Well, going on that, if you think about it, if you have your pivot plotted out and price is sitting in a RAT Zone, then you have a pretty good idea which way price is likely to turn.

I use Daily Wick Zone in the same way, as an always constant overlay. I'm not necessarily trading it directly but I am aware of its effects on price as it stands at any given time.

I would always recommend having a chart with the Daily Wick Zones for the pair you are working, open in the background for reference.

Daily Wick Zones on the chart makes sense. Thanks for the idea

[Skyold]

Hello LeM,

Your advice and that of TRO have made me think the last 2 days. That´s why I spent the time trying to put together the elements in a chart and still keep it simple.
Because at the moment I have a problem with it, if I have to change from one chart to another chart. Since lose the overview easily
Therefore a chart with all important data and HORIZANTAL LINES
On the chart you can see the arrangement of the indicators. The only thing that will change on the chart is the timeframe; from Daily to 5min
For an honest review I am always open and also for feedbacks

Desktop Screenshot 2019.09.08 - 00.36.16.27.png (182.68 KiB) Viewed 3455 times

[TheRumpledOne]

That's one heck of a layout. You must have a 60 inch monitor...LOL!

You may want to add the ATR ZONES to the dashboard to help with reversal and take profits areas.

[Skyold]

That's one heck of a layout. You must have a 60 inch monitor...LOL!

You may want to add the ATR ZONES to the dashboard to help with reversal and take profits areas.

HI TRO,
thanks for feedback.
It is just the monitor of my notebook and has 15 inch 1920 * 1080
I am not ready for a 60 inch monitor yet. It will take us a while to get it out of trading
Thanks for the idea with the ATR ZONES. I`ll try it right now

[Skyold]

That's one heck of a layout. You must have a 60 inch monitor...LOL!

You may want to add the ATR ZONES to the dashboard to help with reversal and take profits areas.

on the dashboard I tried several times to add ATR.
If you could show me which settings to use, I'm grateful

[TheRumpledOne]

TRO002.png (31.25 KiB) Viewed 3352 times

See "B"

[Skyold]

TRO002.png

See "B"

Thank you, TRO,

Now i need your help as a developer of this tool:

When is your opinion for a REVERSAL and when should you take the profits (TP)?

These are the following options:
UAZ = Inside Upper ATR Zone
LAZ = Inside Lower ATR Zone
> AZ = Above Upper ATR Zone
<AZ = Below Lower ATR Zone

[TheRumpledOne]

TRO002.png

See "B"

Thank you, TRO,

Now i need your help as a developer of this tool:

When is your opinion for a REVERSAL and when should you take the profits (TP)?

These are the following options:
UAZ = Inside Upper ATR Zone
LAZ = Inside Lower ATR Zone
> AZ = Above Upper ATR Zone
<AZ = Below Lower ATR Zone

Take profit when the market is telling you to take profit.

When you have a long position and price reaches or exceeds the upper ATR zone, it would be wise to take some of your position profit. Then move your stop up or use a trailing stop to let the rest ride.

[Skyold]

TRO002.png

See "B"

Thank you, TRO,

Now i need your help as a developer of this tool:

When is your opinion for a REVERSAL and when should you take the profits (TP)?

These are the following options:
UAZ = Inside Upper ATR Zone
LAZ = Inside Lower ATR Zone
> AZ = Above Upper ATR Zone
<AZ = Below Lower ATR Zone

Take profit when the market is telling you to take profit.

When you have a long position and price reaches or exceeds the upper ATR zone, it would be wise to take some of your position profit. Then move your stop up or use a trailing stop to let the rest ride.

Thank you for your guide (not for teach)