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Nikl replied Apr 26, 2020Hi dmti If the 5M is green it doesn’t necessarily mean that the 1M will be green too. cheers
Roadmap - A Way To Read Markets
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Nikl replied Apr 26, 2020Hi whitesta Ideally for a reversal trade I'd be looking for price to breach the dashed line, preferably a fast moving spike that breaches my TMA zone (on M1). I'd be weary of a grinder day though as the last 3 days have been below average in regards ...
Real or Algo
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Nikl replied Apr 24, 2020EU against the flow again nice spike to exit cheers
Roadmap - A Way To Read Markets
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Nikl replied Apr 23, 2020One more trade. Not entirely following the rules (going against the sentiment) but a nice spike into a liquidity pool Cheers
Roadmap - A Way To Read Markets
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Nikl replied Apr 23, 2020Evening all (for me at least!) EU M1 again notes on the chart cheers
Roadmap - A Way To Read Markets
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Nikl replied Apr 22, 2020Hi All EU M1 3 trades 2 wins and 1 BE Cheers
Roadmap - A Way To Read Markets
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Nikl replied Jan 16, 2020Hi TudorIoan I'm not sure why I haven’t attempted this previously but I spent a couple of hours this afternoon backtesting a few basic entry criteria (MA crosses, Time based entries etc) with RR of 1:2 and bugger me, they all had a win rate of 33%! ...
How do you time your exits?
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Nikl replied Jan 14, 2020Hi Your win rate starts at 50%(RR1/1) then falls to 33% when you increase the tp (RR1/2) What happens to the results if I find a way to increase the win rate slightly to say, 45%?
How do you time your exits?
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Nikl replied Dec 22, 2019Hi Hutch Me too! Ha Ha! In fact, I'd be happy with 2% a week.
"Price - Structure - Flow"
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Nikl replied Dec 20, 2019First chart: DAX short M1 from earlier tonight Inefficient leg and price "bleeds" back to origin Second chart: The one that got away! (for educational purposes) cheers
"Price - Structure - Flow"
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Nikl replied Dec 20, 2019Hi Steve yes that was in the back of my mind only after I placed the trade. When price rejected from the swing level I started to sweat a bit! Good thing its only a demo account. I must say your recent charts have really helped me no end! Cheers
"Price - Structure - Flow"