I trade variation on this technique with personal statistically adjusted MAs and a cloud(I will not discuss it). Few helpful tips, I only trade hourly TF and with at most 2% SL and at least 10% TP. Anything below 1 Hour will not work. I do not go to ...

Ichimoku forever

Last time I used Ichimoku in my trading was about 6 years ago and for the last 6 years I trade without indicators, pure PA action. But, I wanted to return to Ichimoku, because of success I had before. There is something special about this Japanese ...

Ichimoku forever

Last time I used Ichimoku in my trading was about 6 years ago and for the last 6 years I trade without indicators, pure PA action. But, I wanted to return to Ichimoku, because of success I had before. There is something special about this Japanese ...

Ichimoku

MT5 is great, been trading with it for the last 4 years.

Never Lose Again

Good Ole Range Breakout strategy for a weekly as a range. Various Range Breakouts is all I trade these days, nothing better with proper MM and control of the MindFuck(Fear and Greed). "4. Stop Loss at recent swing point. Calculate position size ...

Never Lose Again

This probably will be my last post here, as I do not see much participation. Here is my fluent intraday "Initial Balance" for this trade, I do like to come in earlier then breakout of the box if I deem momentum on the downside is budling. Will it be ...

Why Smart Traders Watch the First Hour (Initial Balance Guide)

...and here it is, my 3rd trade today..+200 points, 5 Min Dow Futures... all ideas that I am displaying here are the same as Initial Balance, except it is what I deem to be initial balance inside the trading day. It differs everyday.

Why Smart Traders Watch the First Hour (Initial Balance Guide)

This is Dow Futures 5 Min TF.

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Not everyday is a winning day, o well, took my losses and moving on to the next trade. Happy with my MM. Statistically, over a month there is 80% chance all will be very good! Statistics is the key to profitable trading.

Why Smart Traders Watch the First Hour (Initial Balance Guide)

In the meantime, lets see what this day will bring...ready for anything as price is random.(similar technique as a thread starter)

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Yes, by spending 10,000 hours on analyzing statistics of your Money Management techniques and how you can control your MindFuck(Fear and Greed) when you think you zeroed in on the correct combination, that is if you want to make living from trading. ...

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Right, it depends on positions size, but think about it and I am making the long story short....if you trading very small position, it is hard to make money with it. It is a balancing act. That is why it takes long time to get the grip on this ...

Why Smart Traders Watch the First Hour (Initial Balance Guide)

May I remind you, your DD here was - 200 points(on Futures) and the full Range box was about 300 points. Too much DD and too much of the box for "safe" trading. You will not be able to do this live.

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Noisy, my old friend, I was surprise to find you here and traders like RickM, T721, a successful traders, trying to answer you questions. Peops, do not try it, Noisy is just being Noisy, same questions from him 3-4 months earlier, then same thing in ...

Trading for a living

Privet, nu kak tam? Trading buddies - Yes, discussing in greater details 10 years of my hard work - Not.

Why Smart Traders Watch the First Hour (Initial Balance Guide)

I will not discuss my strategies, as they differ based on what I perceive a start of momentum. TFs are different for entries and therefore MM is different. I was just helping thread owner with some pointers.

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Good Month! When you working on the science of your personal Money Management, you do have to consider that DD that I circled can and will happen double the size at the place where I am pointing my arrow. It can happen in 5 trades or it can bleed ...

Why Smart Traders Watch the First Hour (Initial Balance Guide)

I explain the idea on how I trade in a few posts above. For SL, I recommend, no more then 2% of the Balance.

Why Smart Traders Watch the First Hour (Initial Balance Guide)

No, I can not explain my MM, as it took years to pinpoint MM methods and statistics for those methods and especially to make my mind at ease with those statistics. As you saw today 193 points became 300 points. 5 years ago I would of not been able ...

Why Smart Traders Watch the First Hour (Initial Balance Guide)

Good Stuff, my only reservation with you is if you hit 3 opposite range stop losses...it will be difficult for you to continue in live trading as those ranges and SL can be huge comparing to small profit targets that you take.

Why Smart Traders Watch the First Hour (Initial Balance Guide)