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- scherzi replied Aug 20, 2021
More breaks and retests. image Be careful however, because consolidations breaking are many times teasers that often go the other way around and trap breakout traders. In my case, I prefer to wait for break continuation signals. Additionally, I ...
Market Structure Only- keep your charts clean
- scherzi replied Aug 20, 2021
Just a short I took on EU today. RRR ~1:2.5 It is also valid under this thread. The system is repricing EU from 2 into 1. So we are moving relatively down. At a certain moment prices come up into 2 from 1 and there is a fractal sloping range under 3 ...
Simple Trendline Orderflow System
- scherzi replied Aug 20, 2021
I think that additionally to a trendline break, what we may look for is also a stronger structure break that, ultimately, as you very righly indicate, is represented as a trendline on a chart. But he also talks about weaker and stronger, about highs ...
Simple Trendline Orderflow System
- scherzi replied Aug 20, 2021
Don't worry, I won't answer any other question you post. No worries. Cheers.
Simple Trendline Orderflow System
- scherzi replied Aug 20, 2021
I understand the following: Not a TL break and retest idea: Yes, EngineerFX says it is not, therefore it is not. Weak area: The area where prices come and go from is inside a wider and therefore stronger area that usually I have seen will deliver ...
Simple Trendline Orderflow System
- scherzi replied Aug 19, 2021
Yes, the internal TL is better. The other setup is pure SR and if you are selling you cannot sell now because you are UNDER your structure. You can only sell ABOVE the structure. That is Babypips and such webs and books fault, posoning people's ...
Simple Trendline Orderflow System
- scherzi replied Aug 18, 2021
Ah, ok, you take your contracts from inside the range. It is safer, indeed. I like that logic.
Simple Trendline Orderflow System
- scherzi replied Aug 18, 2021
See, this is part of the confirmation of the setup. I am testing in demo an indicator I am writting btw, but I used also the TL as confirmation over the level given by the indi. So, do not care by the lines, just the small fractal trendline above, ...
Simple Trendline Orderflow System
- scherzi replied Aug 18, 2021
Well, that is one specific setup that does not include intermediate levels. Other setups may be valid as they pursue other objectives.
Market Structure Only- keep your charts clean
- scherzi replied Aug 18, 2021
After being testing, I think this picture shows a good summary of the ideal setup type to my taste I have found so far. Please, do not worry about the horizontal lines. image The red circle on the left is the anchor point and the green arrow shows ...
Market Structure Only- keep your charts clean
- scherzi replied Aug 17, 2021
I hope the European Union sends funds to support your region. Greece is so special a beautiful.
Market Structure Only- keep your charts clean
- scherzi replied Aug 17, 2021
On a previous thread I mentioned that I was testing with 0.01 lots. I do not like demoing. But these last trades, I used the regular lot sizes I employ, it was not just peanuts. I mentioned it so that EnginerFx could know it. I never share the size ...
Simple Trendline Orderflow System
- scherzi replied Aug 17, 2021
Hi two trades with normal lot size. Using the TL to find convergence with the main PA. Short EU image Long UJ image The thing is that I used a variation for the second one to verify if there was convergence as well. image I think that the SL ...
Simple Trendline Orderflow System
- scherzi replied Aug 17, 2021
See image When seeing at HTF, I see ascending prices instead. image And see on H1. image EU M15 is interesting also. M1 may offer something. image 7 minutes to 10:30 UK time. Let's see what happens. image
Simple Trendline Orderflow System
- scherzi replied Aug 17, 2021
Thank you, I see, interesting the weak level idea.
Simple Trendline Orderflow System
- scherzi replied Aug 17, 2021
I thought this microstructure was similar and it was not. Take note
image Simple Trendline Orderflow System
- scherzi replied Aug 17, 2021
So, not having a break in structure, I closed the main trade and let only the first one, targeting the structure in progress. The sl was conservative, but I think I should have set my sl a litte above to duplicate my RRR. image In that manner ...
Simple Trendline Orderflow System
- scherzi replied Aug 17, 2021
This was an incorrect setup and I closed it immediately when I realized. I leave it here anyways. Testing this ugly PA image I think I delineated it wrongly. Now. image Just using 0.01 lots for testing. I like this more than demoing. Ops, I ...
Simple Trendline Orderflow System