Very well said, and most definitely true. video

Trading Made Simple(r)

In all honesty, winning big early on in your trading career is usually not a good thing long term because it tricks you into thinking you have it all figured out, which is never the case. It's similar to winning big in a casino, people often give ...

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I look at the exact same things on the 5 min. that I look at on the higher time frames. I use the 5 min. because if I get a buy signal on a higher time frame, I don't want to be entering a new trade while the 5 min. is in a downtrend.

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I use it on every timeframe and every chart that I trade. But I use it most often on these: 1 min. 2 min. 3 min. 5 min. 15 min. 1 hr. 4hr. daily, weekly and monthly. Which ones I use them on all depends on what and how I am trading. For example... ...

Trading Made Simple(r)

I would just like to say Merry Christmas and Happy New Year (2023) to everyone who visits this thread. Not much has changed with how I am trading which is why I don't post here very often. I still check the thread pretty regularly just to see if ...

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Thank you for the kind words. file file

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Assuming that you are trading the 30 min chart, you need to be looking at the 4 hr. for direction confirmation, not the 1 hr. There's not enough time difference between the 30 min. and the 1 hr. The 4hr. HMA line was red (deep pink) which means that ...

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I would only trade the most popular USD pairs, but not the USDCHF. I would not trade any of the CHF pairs. If I was going to day trade, I would only trade one pair. My preference is the AUDUSD. As for training...think about it like learning a new ...

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Most often, I only look at "one time frame higher" but I also want the next time frame higher to be generally 4-5-6 times longer than the time frame that I am trading. 30 min. > 1 hour. That's only 2 times higher. Not enough for me. 30 min. > 4 ...

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Thank you and you're welcome! They could both valid depending what you decide your own trading rules are. In other words, you don't HAVE wait for everything to align perfectly to enter, and you don't need to exit just because one thing tells you to. ...

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At this point, I actually don't remember that thread/forum. Ever since I started this thread, I very, very rarely ever visit any other threads/forums.

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I'm doing okay. The RHO has been shared in this thread. If I remember correctly, it's available in this thread for MT4, TC2000 and TradingView. The thing that I do not want to share is my exact stock template, but I did share something VERY similar.

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You're welcome! The white dashed line (on my previous chart) is called: VWAP. It stands for: Volume Weighted Average Price. VWAP is calculated by totaling the dollars traded for every transaction (price multiplied by the volume) and then dividing by ...

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No I don't use it for the Forex. I use what I posted on Page 1, Post # 1 for the Forex. And I don't use it for stocks either, I use a proprietary indicator for stocks. I was simply suggesting that the 4 and 10 ema's were pretty similar to my ...

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For TradingView, I like: SuperTrend Hull Suite By InSilico AlphaTrend If by cut line you mean the the white dashed line on my chart? That's an indicator called: VWAP It is only used for day trading. I only use it because LOTS of other day traders ...

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No, because I use MT4 to trade the Forex and I use TC2000 to trade stocks and they don't both have all the same indicators available so I have no choice but to use different templates for each one.

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No

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As I said in my post..."This template is not something that I want share because it has taken me about 3 years to perfect it. Hundreds and hundreds of hours". I'll tell you why I don't want to share it. It's because someone will come along and start ...

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Daily

Trading Made Simple(r)

1. Regarding the RSI, more than 25 years ago I did the same thing by using the 45 & 55. Then when I became proficient at writing trading code via EasyLanguage (TradeStation) I was able to have the computer optimize various parameters such as the RSI ...

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