Watch #Post 513: https://www.cliqforex.com/trading-sy...-intraday.html
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Watch #Post 513: https://www.cliqforex.com/trading-sy...-intraday.html
Hey perhaps someone can give me comments on my first devised ruleset.
Or call it guideline to trading.
First off I decide market type and assign a primary secondary attribute to every market.
Feature1: Trending or Range
Feature2: Pure or Range/Trending
This leads us to following choices:
Trending Pure Only trade with fad
Retractions lt; Previous High
Trending Range Only trade with fad however distinct set of entry principles.
Retractions gt; Previous High
Range Pure Trade any direction
No underlying weak trend.
Range Trending Follow Trend
Underlying weak trend.
Range Primary markets I use:
Resistance degrees (either eyesight or fibonacci levels should they apply)
RSI: 3 Fragrant, 85-15
Bollinger Bands: Base(20)
Trade if:
RSI hits 85/15
Bollinger band is Broke
Resistance level is reached exactly the same candle
Go against the current candle after requirements met.
Trending Primary Markets:
Resistance Levels
Pure: Resistance levels at previous high entry if resistance level is struck.
Range: input if hitting on the lower border of trendchannel bonus for resistance lines.
Sl and Tp conditions are still in the works.
Used something similar to the very last days and fucked up when I awakened the account got greedy, raised the risk, lost, panicked placed 20 transactions... you know the rest glad im working with a demonion due to shit like this.
So I opted to take the transactions that were done under no stress conditions and examined the entry degrees and devised these principles in hopes that I obey them.
Actual sl and tp requirements are still up in the atmosphere im working on it.
Hi
I am looking for a trader from this group to create jointly an accountability group to keep ourselves accountable. We retail traders otherwise from professional traders that have to create ourself disciplined work for a company and have to cultivate ourselves without peer pressure. Possessing an accountability partner in this situation will help you a lot where you cant get on your own, to get there.
I am a looking for an accountability partner who's serious and will keep trading discipline.
Reply me below.
Wish you the very best of luck and very best of trading
Howdy,
What I got is not quite as much of a question since it's an observation and all im asking for is a type of discussion.
Yesterday I stumbled upon the thread of DenForex and was amazed with his earnings soooo I decided to check up on his actual transactions inside mt4 and check his predictions.
From here on out im supposing DenForex has the success he asserts (assuming not thinking, for the sake of debate).
He says that his egy relies on fibos and elliot wave theory that got me reading upon waves.
At first elliot waves seem interesting but when I look at different transactions and chart analysis they seem incredibly arbitrary and cant subscribe to thinking in them. However ive got a debate on why I must attempt to apply elliot waves tho I dont believe in the concept.
That being that the structur of 1-2-3-4-5-A-B-C paired together with the fractal character of elliot waves will take a few things to your believing:
First off it reminds you constantly that each up is accompanied by a downward, which as dumb as the monitoring might appear . . I imply srsly it cant be wrong, but thats a fact I assume many men and women seem to overlook (if you check housing bubbles ect.) So that makes you sceptical.
Second it urges you to look at different timeframes ... where am I in the major wave where am I in the current wave do they agree?
Thirdly if I presume that sooner or later I will be having a down or a pullback then why enter my position now? Wait around for this pullback in when its there that saves you the pain of leaping into a continuous trend only to be disappointed by the retracement, and get.
In short while elliot wave theory may be incorrect it still provides you with a mental framework overall increasing your sucess by giving you a principle to handling your transactions and reminding you of what things to consider it urges you to have a look at the biger image and aids in loing entries by always imagining theres likely to be a different retracement sooner rather then later.
Hi guys,
I dont know if I this question is suitable for this thread, but I will try. Because when I dont ask answer is still no.
So I need assistance with margin formulation with multiple transactions when'm buying/ selling, only averagng my entry degree.
USDCAD
Price l volume margin
1. buy at 1.3510 0,01 ?
2. buy at 1.3520 0,01
3. buy at 1.3530 0,02
4. buy at 1.3550 0,03
5. Buy at 1.3570 0,05
Do you know how to count formulation from some weighted average after this movement and rising volume. I need to put in my excel.
Thank you
I've a question. I am learning to put support and resistance lines, when I got it right and was just wondering. If I am on the ideal track here, could someone tell me?
Access your account online area for relevant information/ Ask your broker. #Post 513 will assist - https://www.cliqforex.com/trading-sy...-scalping.html
. I ceased attending forum sessions since all what was submitted there was just too false for me also understand.I'm also a newbie and I am having troubles just like Vonokpash.I'm an intraday trader and I use the 5min chart
Hi,
Because of being a junior member, I can not start a danger to ask this question.
At a candlestick we have just the quantity of base currency. For example in eurusd, the column of data is eur's quantity.
Where do we find another hand quantity (usd quantity) or counter currency quantity?
I have a question and like your thread.
How can I recognise what leverage I utilize in my Meta trder account?
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