I use a Dash indicator for some time to see the differences between currencies. Great tool and info for a potential future direction. But, this is the only tool that we need?
I think to know exactly When and Where to enter will be better
Example. London Open today. The Dollar Index retrace from a strong Round Number (100 Levels Red Line on the Dollar Index) where it s was 2 days ago. Where will swing and When?
Look at this correlated levels on Dollar Index and Euro.
You can ask yourself, why the Dollar start today, and now to move back again and why not yesterday or tomorrow. Well, just happened (by miracle) to be exactly at that line, at the London Open and Euro the same, at a line that you can say I put it myself there. Wrong. This lines was there and yesterday and will be also tomorow.
In my correlated model, I know that Euro and the Dollar Index can be at a swing point, before any other indicator to show this swing. Why?
Because any indicator have to wait for a swing to happen before to show something.
In this correlated model I know it before Where and When we will have a swing! A potential place in Time and Space where are more chances to have a Swing!
The place in time and on horizontal space on 2 currencies on the same time.
I didn't take the Euro Short cos I'm short Euro Aud from yesterday and today I came to the PC a little to late to prepare for this move. Like we see, We have AUD in a very strong position on a Monthly base and Euro was and still is the best canditate to go against the AUD. That was my strategy from Yesterday NY Closing time.
This mode of trading, take in account the difference between currencies and a potential place in the future to enter based on psychological levels.
This model don't look at the past movement.
It correlate the general trends with the future events. The only history involved it s the trend of the month on all currencies.
I just demonstrated a model of trading where all that we need is:
1.What are currencies with the biggest potential to go on opposite direction
2.Where will be the place in the future where we can enter, after a pullback or retracement.
3.When to enter
What, Where and When!!! problem resolved!
The only problem is that we can not stay 24/24 to wait for that moment in time. Like I sad, today I came up to late and to bad for me.
The place and the moment was and now it s to late to run after the price.
What will be if we will try to create a tool that will tell us: What, Where and When are the biggest chances to have a trade?
What will be if by implementing this model to be in the market just on the right time and on the right place?
What will be if the RR will be at least 1.3 for every trade?
The tools that I use in this moment are Round Levels, Open Sessions. Close on Daily, Weekly, Monthly and the Dash.
No candles, no MA, no Oscillator, no Trendlines, no nothing from this tools that we are used.
The tool have to take the info from the Dash, to present it what are the potential candidate to a trade and to corelate that with this Round Levels. Beside that, Open Session are very important because offer the time from when a can start.
After the information will be presented (info or Alert) all that we need is to chose what are the specific pair and from when to enter. We can have pendings orders or direct entry on the market.
This tool can be an Indicator or EA. In the end, what is important is :
What, Where and When to Trade!!!!
TY honestknave for the tool.
I think to know exactly When and Where to enter will be better
Example. London Open today. The Dollar Index retrace from a strong Round Number (100 Levels Red Line on the Dollar Index) where it s was 2 days ago. Where will swing and When?
Look at this correlated levels on Dollar Index and Euro.
You can ask yourself, why the Dollar start today, and now to move back again and why not yesterday or tomorrow. Well, just happened (by miracle) to be exactly at that line, at the London Open and Euro the same, at a line that you can say I put it myself there. Wrong. This lines was there and yesterday and will be also tomorow.
In my correlated model, I know that Euro and the Dollar Index can be at a swing point, before any other indicator to show this swing. Why?
Because any indicator have to wait for a swing to happen before to show something.
In this correlated model I know it before Where and When we will have a swing! A potential place in Time and Space where are more chances to have a Swing!
The place in time and on horizontal space on 2 currencies on the same time.
I didn't take the Euro Short cos I'm short Euro Aud from yesterday and today I came to the PC a little to late to prepare for this move. Like we see, We have AUD in a very strong position on a Monthly base and Euro was and still is the best canditate to go against the AUD. That was my strategy from Yesterday NY Closing time.
This mode of trading, take in account the difference between currencies and a potential place in the future to enter based on psychological levels.
This model don't look at the past movement.
It correlate the general trends with the future events. The only history involved it s the trend of the month on all currencies.
I just demonstrated a model of trading where all that we need is:
1.What are currencies with the biggest potential to go on opposite direction
2.Where will be the place in the future where we can enter, after a pullback or retracement.
3.When to enter
What, Where and When!!! problem resolved!
The only problem is that we can not stay 24/24 to wait for that moment in time. Like I sad, today I came up to late and to bad for me.
The place and the moment was and now it s to late to run after the price.
What will be if we will try to create a tool that will tell us: What, Where and When are the biggest chances to have a trade?
What will be if by implementing this model to be in the market just on the right time and on the right place?
What will be if the RR will be at least 1.3 for every trade?
The tools that I use in this moment are Round Levels, Open Sessions. Close on Daily, Weekly, Monthly and the Dash.
No candles, no MA, no Oscillator, no Trendlines, no nothing from this tools that we are used.
The tool have to take the info from the Dash, to present it what are the potential candidate to a trade and to corelate that with this Round Levels. Beside that, Open Session are very important because offer the time from when a can start.
After the information will be presented (info or Alert) all that we need is to chose what are the specific pair and from when to enter. We can have pendings orders or direct entry on the market.
This tool can be an Indicator or EA. In the end, what is important is :
What, Where and When to Trade!!!!
TY honestknave for the tool.
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