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- RobDragon replied Aug 24, 2020
OK, the entry on this pair was at 1.0983 which was the candle close that breached the Asian session high. You're in late.
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 24, 2020
I'm aware of it. In a "quiet" day I am more sensitive to the ADR. If ADR is hit late in a session I am aware of it. If ADR is hit and coincides with higher time-frame S&R I am aware of it. If ADR is breached early in the day AND the market is ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 24, 2020
Just wanted to share a nuance for consideration on the 60 Min Change of Direction/Momentum System. I ALWAYS check the 4HR EMA before I enter a trade. Let's say price is above the 60 Min EMA and I am considering a Long position; I will check to ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 23, 2020
My dashboard is simply the pairs I trade. Nothing startling about it. If you see my trade examples you can see the pairs at the bottom of each screen. I will say that I do like trading EUR/AUD; GBP/AUD; GBP/NZD; GBP/JPY....but these pairs are not ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 23, 2020
Vivi-l; and just for clarification. This is a mechanical approach to filter for opportunities to trade on the right side of the market for the session involved. It is not a mechanical system as such and if it was we would code an EA and be done with ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 22, 2020
Vivi-l, my pleasure. Because I am not a "natural trader" I have need a very specific rule based criteria to approach the markets. Essentially, I need to be able to save me; from me! In terms of Friday, it was an extraordinary day in terms of ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 21, 2020
Trade Examples - Friday 21st - 60 Min Change Direction/Momentum System A few traders have messaged me these last few days showing me that there were probably better entries available earlier in the move. Fair enough. I have never claimed this is the ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 20, 2020
Trident, a few rules I adhere too: 1. If/when a trade is up + 15 Pips I make sure my SL is moved to BE. This means I do get probably more BE trades then I should but I am not prepared to lose on multiple lots at + 15 pips. I also will bail on a ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 20, 2020
Trade Examples - Thursday 20th 60 Min Change Direction/Momentum System A forum member contacted me yesterday and asked why I did not take certain set up's from the prior day and my response was: i. I did but with another system that utilises a ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 19, 2020
For those folks looking to trade now, I am keeping an eye on the GBP/NZD for a long opportunity during Asia. Will it set up as a SAR's flip? I don't know. PA will tell me what I need to know. If it doesn't manifest, stand on the chair and yell ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 19, 2020
Trade Examples - August 19th - 60 Min Change of Direction/Momentum System These trades are generally available every day, and completely mechanical. You do not need a tremendous amount of intuitive feel to get these trades. There were lots of other ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 18, 2020
On this particular strategy I enter at market. On my main trading strategy I place orders in advance; but with a twist. I front-run my orders by around 4 pips on the 60 minute charts. I get decent spreads from my broker so I am not overtly concerned ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 18, 2020
Trade Examples from August 18th using 60 Min Change of Momentum System. Find attached 2 trades from yesterdays session using this system. Note that many Pairs were trending yesterday that required traders utilising different entry methods to access ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 15, 2020
Agreed. All my Charts have the next relevant S&R marked from the 4HR Chart.
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 15, 2020
A few traders have reached out to me of late seeking some guidance. Please note that I do not provide personal mentoring. I am a full time trader and I assist my wife with another business we own and I just do not have the time. I have posted a ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 14, 2020
If you do not pay attention to key levels and price structure you would be better off donating your money to charity. I have every 4HR S&R level marked on my chart. Simple: 1. Do not trade Long into higher time-frame R; 2. DO not trade Short into ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 14, 2020
It's a strange phenomenon isn't it Rocky. There are days/weeks for me when I feel at ease and in sync with the market; and I can almost get predictive in terms of market moves. And then there are the times when I look at the market and feel "blind". ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 13, 2020
OK, now for some non-technical trading information. I am re-reading the following three books over the next 6 weeks: 1. Mark Douglas - Trading in the Zone 2. Mark Douglas - The Disciplined Trader 3. Steve Peters - The Chimp Paradox I read them every ...
Williams%R, SAR X-over 15 minute candles