- Search Metals Mine
- RobDragon replied Aug 11, 2020
Rocky, I got a lot more technical a few years back because in previous occupation I was much more "feel and intuitive" and that just did not cut it for me in this environment. I decided I needed to systematise an approach in a "if then/that" model". ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 11, 2020
Again, just another tool in the bag. I always have this chart on my radar and I check it and the DOW at the close of every hour candle. I don't use the INDEX for directional bias as such; but I keenly watch breaks of S&R to see how that plays out ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 11, 2020
Good nights work. My E/J entry was 124.81. SAR's flip and then waited for fractal break. Exit was 125.13.
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 11, 2020
Yep, better entry than mine. I was a bit late to the party.
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 11, 2020
Did anyone else get the 5 Min SAR's flip (Bearish) on the USD/CHF at .9134? Easy entry after 60 Min candle breakdown. Did take a few hours to take off.
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 11, 2020
Angela...spoiler alert. When price gets on a strong run and I don't get the SAR's flip entry method I will trade off the 5 Min EMA for entry. So price is bullish, wait for price to retest the 5 Min EMA (acting as support in an uptrend). Many ways to ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 11, 2020
Now watching the GBP/USD pair. A break of the 1.3000 handle is significant. USD tanking. Do you have a USD Index chart on your dash-board? The other amazing thing about this game is how many bad calls/reads you can make. Have a look at that USD/CAD ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 11, 2020
Now this is going to be a "non scientific" type answer..sorry. It is more a "feel" thing for me. I do like to get paid relatively quickly (within an hour of entry). If I have a 60 Min candle close against my position I will look to get out ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 11, 2020
Turnip, appreciate your comments. Now here is another little nuance I employ. Open up the GBP/NZD Daily chart and have a look at what I call the "dead space" above the 1.9860 area. It is acting as resistance at the present time BUT if this area is ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 11, 2020
Angela, can you see how the EUR/USD has broken the 20 EMA on the 60 Min Chart along with the SAR' and W%16 going bullish? Notice the USD Index break-down? I will now go and hunt a 5 min SAR's flip on this pair over the next hour. Will it work out? I ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 11, 2020
Angela, I try to use a "natural stop" if that makes sense? I try to find a logical place on the Charts that seems appropriate. I do use a SL calculator (attached). Pretty simple but works for me and it gives me the lot size based on the size of the ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 11, 2020
3rd times a charm. My apologies!
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 11, 2020
Correction....the 60 Min Chart goes from Bearish to Bullish. Disregard my previous comments re the 60 Min Chart
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 11, 2020
OK young lady I have just walked in from the golf course and I am preparing for the London session and I have seen the attached trade that set up a few hours ago. These opportunities happen every single day and they pay nicely with minimum draw ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Aug 10, 2020
Hi Angela, I thought I would very respectfully add some comments. I trade for a living and I use Rocky's system ONLY for entry confirmation that sits on top of my own system. I love this entry methodology because it reduces risk on entry. I only use ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Jul 14, 2020
Forest-Sea, I live in Australia and I would love to be able to consistently trade the Asian session. Alas my experience reveals that there are mainly two types of sessions that typically unfold being (1) flat markets awaiting London open and ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Jun 24, 2020
Don't waste your time today Rocky. Weird and erratic price action with a lack of follow through. I was tracking the GBP/USD for a breakdown and got punched in the face in about 3 minutes. I fought the EUR/USD for about 90 minutes for + 5 Pips and ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Jun 23, 2020
Did you catch the USD/JPY Rocky? Love trading the JPY crosses when Dow hits Resistance (JPY +) or when Dow hots Support (JPY -). Run to the bank on those trades.
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Jun 22, 2020
Agreed re your comments on "your edge" and becoming uncomfortable in accepting that you don;t know what can happen next (it is why MM is so crucial). If there are any newbies out there I cannot recommend highly enough Mark Douglas' two excellent ...
Williams%R, SAR X-over 15 minute candles
- RobDragon replied Jun 17, 2020
Samsha, have a look at the attached word doc. I have marked some rudimentary Support and Resistance lines on the 60 Min Charts going into today's sessions. I do this every day. I start to get interested if/when Price approaches and then breaks these ...
Williams%R, SAR X-over 15 minute candles