That's a good looking set-up. Wait for a green candle to close, then enter on the open of the next. Important note: Today the U.S. Fed releases it's minutes from their most recent meeting. There will be a press conference as well. Regardless of how ...

Trend Cycle Entry

The higher time frame trend is typically at least 4 times the chart you are focusing on. So, if you are on a 1 HR chart, look at the 4 HR chart for the dominate trend. I don't worry about any indicators on that HTF chart. I'm only interested in the ...

Trend Cycle Entry

I don't use stops. I do occasionally use a trailing stop once the trade is sufficiently profitable. TP's are unique to each trade. In tight/ranging markets, I'll take small profits and the S/R levels, time of day, trade session, my bedtime, etc., ...

Trend Cycle Entry

Thakri, No changes need to be made for application to any timeframe, so 4HR will work fine. Make sure you pay attention to the higher timeframe trend. It's always best to trade with the wind at your back. I do have a mental stop that I am ...

Trend Cycle Entry

I have an alert set in Trading View that tells me when the 15 has crossed the 50. Sends me a text. I have other alerts that tell me when the candles have disengaged from the BB, HA color change, etc. These allow me to know what is going on without ...

Trend Cycle Entry

I respect that. They make for a fun chart!

Trading Made Simple(r)

Agreed. I have worked with dozens of professionals and seen hundreds of methods. It has become obvious that any well constructed method will produce consistent profits. The holy grail of trading is not contained in any one method, it's possessing ...

Trading Made Simple(r)

Thanks in advance. I set up an MT4 account with my broker so the .ex4 files and/or template that create your dotted chart would be great to check out.

Trading Made Simple(r)

Agreed, agreed and agreed. Bitcoin and crypto may one day be a legitimate asset. But currently, it's just a digital ponzi.

Trading Made Simple(r)

To be clear, I have developed my own method and plan for trading. In my "master" account, my plan is the only one I use. I'm not going to show it/discuss it in this thread because it's RH's thread and I don't want to highjack it with my, different ...

Trading Made Simple(r)

Agreed on all points. That said, that weekly Amazon chart, as ugly as it is, contains trends within those weeks that were either rising or falling. I also prefer longer time frames for my long term portfolio. But for daily cash and fun, a 4HR or ...

Trading Made Simple(r)

Trending markets are easy to trade and pretty much any method that obeys trend following rules will be successful. I have found that the best lessons and likewise, the ability to fine tune a method is during a non-trending market. Also, and more ...

Trading Made Simple(r)

Synergy Candles? In my own charting, I use HA on one chart and regular candles on another. The regular candles allow me to pin-point entries. I used MT4 years ago but used TV in my business, as it was supported by my futures broker. I use the ...

Trading Made Simple(r)

Yes, I set it up exactly as the TMSr instructions state in the first post of this thread. BUT... It's in Trading View, not MT4. The doji needs to close in the channel and the 3 oscillators need to be either above or below the mid-line, depending on ...

Trading Made Simple(r)

The chart is RobinHood's TMSr, adapted to Trading View. I don't use MT4. The trading view indicators are set-up using RobinHood's instructions in his first post of this thread.

Trading Made Simple(r)

It's been about 5-6 years since I posted in this forum. I went on to become a professional and ultimately founded and ran a CTA business and traded client accounts in the futures market. Everything went very well and we built a solid business... but ...

Trading Made Simple(r)

I've been here a while but don't post often, if at all. But I had to reply to this. It is EXACTLY what I did and it has changed EVERYTHING about my trading. I know it seems stupid and crazy. My first 5 months of trading Forex was a struggle to say ...

I plan to quit forex!

What platform is this? Do I get this platform if I join your org? Or, does it run on MT4? I don't like MT4. What brokerage supports this? Yours? One you recommend? I have traded with 100% profitable trades since May of 2015, over 100 trades without ...

Trade Professionally, with an Edge. AvantEdgeFX

Marco, Have you created a template of your chart? If so, is it in this thread? If not, will you please post it? I really like the look of it compared to some others. Thanks in advance. EDIT: Scratch that, I found it!

Alien's Extraterrestrial Visual Systems