Another example of two "hold longer" trades from earlier in 2024

Squeeze n Go | MTF System

The other option I am back-testing is when the RSI is above 75 after 6 candles (see green line on RSI on the chart below, or 25 if shorts), is to hold the trade until the blue Squeeze histogram bar displays... this way you can get more of the ...

Squeeze n Go | MTF System

First post on this thread I am looking at an approach using RSI (15) as confirmation. The example here is BTC on the daily chart. Trend: All EMAs pointing up for long trades and down for short trades. Entry: shown as a green vertical line... usually ...

Squeeze n Go | MTF System

I haven't been on FF in a long while... Nice Thread!

Special Thread: COT Data Analysis & Trading Signals

Nice thread. I am trying to determine how you select the momentum candle upon which you decide to enter a trade. From what I can tell, it appears to be large impulse candles and candles with a rejection off a very recent consolidation at a high or ...

EURUSD Momentum Swing Trading

Gold can be impacted by 3 NY session opens... the NY forex open; the Comex open; and the NYSE open. With no red news and no meaningful price action on the 8 am ESTcandle, the NYSE open is the one to watch... if you go to the 30-minute chart you will ...

What's with this sharp move down - your personal insights?

OK... can you explain the standard deviation? tool that you are using... is that a customization of the TV fib tool? thanks

Breakout method 30min

OK, where do you place your stop loss?

Breakout method 30min

Using your description I would now place a buy limit at around the 1.0761 level.... do you agree?

Level in Level out

ok, I get it… however, the description you use… need to see a “significant” takeoff and a continuation of it for “some time” means it is discretionary… in other words, the determination of what is “significant” and “some time” will differ among ...

Level in Level out

ok, I understand the pattern(s) you have drawn. The interpretation of whether a level is formed at the lower low (in your diagram) appears to be the magnitude of the retracement, or as you call it “the take off”. My question remains… is the ...

Level in Level out

nadi-fx. Ok. Is the selection of a level (e.g in the case a LL) a discretionary decision or are there rules associated with when to apply a level or not? For example do you use the MACD to assist with the decision to apply a level or not? Many ...

Level in Level out

Is approximately 1.0820 a level now?

Level in Level out

SL hit on the buy trade = -30 pips for the week.

Level in Level out

Jewel... that was the way I analyzed it. However, I was one of the fortunate who had their trade trigger... because in retrospect I wasn't 100% precise with the 10 pip rule... my entry was at 1.0943 rather than 1.09433. Hope that helps.

Level in Level out

I am assuming NOT... because the candle broke the level and closed above the level. That said the close of the next 4 hour candle could indicate a fakeout

Level in Level out

Nadi-fx, when a trade is fulfilled, as with buy#2 in the post above… do you enter another pending buy order at that same level to replace it? In this case I am assuming you do.

Level in Level out

Buy#2 closed with +90 pips; Buy #1 is still in-progress with SL at BE; and Sell #1 activated. image

Level in Level out

Yes, I was fortunate enough to get triggered... SL at BE now on that trade... wait and see how much follow through there is, esp with FOMC tomorrow

Level in Level out

I have never used the MT4 trailing stop previously.... I notice it is in points.... is 300 points = 30 pips?

Level in Level out