Indeed.

Simple Trendline Orderflow System

Just checking for curiosity, I like scalping crytopcurrencies on the M1 timeframe. Due to the high volatily of cryptos you do not need leverage, even only spot long trading without shorting, and therefore, with limited risk vs unlimited profit is ...

Simple Trendline Orderflow System

That depends on how you define your setups. I usually take a higher timeframe and try to trade lower timeframes respecting that higher timeframe structures. But this is really complex and unless your strategy includes multi timeframe analysis, you ...

Simple Trendline Orderflow System

Look, please be aware that now IT IS VERY LATE for trading GU. image Lol, very funny the reaction almost immediately (zoomed in to M5). image See on m1 the current PA. image

Simple Trendline Orderflow System

The pinbar means little I think. It seems descending in terms of repricing. But your price structure has not been still been completely reversed from ascending to descending yet. Ideally you should consider taking partial profits, because the setup ...

The brutal truth of day trading

Is that IB's interface or Dukascopy or anyhting like that you are using? I've seen you were checking volume of future contracts. I am just setting fixed anchor points on higher timeframes. Then I just go down to m1 and m5 and see how the pricing ...

The brutal truth of day trading

Thank you Rick for the heads-up. I am waiting for an long entry on m5 now since I exahusted m1. Let's see if I can also get a piece of the cake today

The brutal truth of day trading

Ok, this one was better, but I calculated incorrectly the entry in terms of RRR and I exited immediately when I realized prices were slow to my taste. Sometimes a strong burst of price happens afterwards (positive), but my DD is too much the speed ...

The brutal truth of day trading

This is also a rare post showing a trade I think I am going to lose. It is not a bad setup, it is a FOMO setup. image lol ohhhh image

The brutal truth of day trading

See the next post lol, I am creating confusion instead. Because when you are so confused that you could open buy and sell positions at the same time, then it is when one starts to take seriously this.

The brutal truth of day trading

Some may be wondering then if breakouts are bullish or bearish... This was bullish. image No one knows if a breakout will be a continuation pattern or not. It depends on how you are looking at your chart that you will take it in one way or ...

The brutal truth of day trading

The mentality of the herd is what makes you lose. But without the herd, the sheep is lost and dies. The herd considers the breakout as a strength signal, while others think that it is a sign of weakeness because it means nothing it is left for sale. ...

The brutal truth of day trading

A few problems in trading include greediness and impatience. As a bad trader, I prefer to take most of my bet @ 1:1 RRR, limiting myself my exposure to markets, since the more the time you are at the market, the more the risk you take. See where I ...

The brutal truth of day trading

I haven't studied this setup. In any case , each asset has its own personality, and as per my experience, it is better to focus on a sole security till you get used to it. NQ or S&P500 follow the same pricing patterns as FX, but at different hours ...

Simple Trendline Orderflow System

Our braings tend to negate and ignore whatever does not confirm our beliefs. I pointed out a pinbar above and, if you realize, the horizontal line above that pinbar was already in my chart on my first post from today an hour ago or so. But remember, ...

The brutal truth of day trading

Another thing in trading is that everything matters. I have been saying that pinbars are bs, but a pinbar at a specific level that is meaningful instead adds convergence to the setup. image In this case, it worked. But pinbars mean nothing, one ...

The brutal truth of day trading

Today is one of these days that correlation works immediately and in terms of structure. GU is responding later to price changes after EU, giving time enough to trade using it manually, and both have been doing the same for at least one hour since I ...

The brutal truth of day trading

Hi, regarding 15th of June, I don't know if Michael has made public that kind of structure to be sincere. It is an obviouls bullish level according to ICT. Please guys, try to keep the private contents out of the public channels. We owe that to ...

1M Price Action System

Yes, a heuristic approach to determine a market break is to spot a second swing break, that is why I mentioned it

Simple Trendline Orderflow System

Imo trendlines simplify the model because you just have to worry only about them. Otherwise you would have to discern the consolidation after the trend and the later break. Then you would have to find a entry reference level for entering. Besides, ...

Simple Trendline Orderflow System