I prefer longs today at this stage in keeping with how I see the daily price formation levels. H1 chart shows my plan for now. 1 MO and 3 PO's (not yet triggered). I'll my adjust my plan as market price develops each hour or two during the day if ...

FDAX Sept2017 2.0

I'm out.. level 5 hit...all done. May get involved on lower t/f m30 later image

FDAX Sept2017 2.0

I agree, even though the market is perfectly balanced right now on h4. So, saying that, we are likely to see a bearish move I think before more upside traction. I would think the scalpers out there may be in for a few surprises later if trading m1 ...

FDAX Sept2017 2.0

The detail of the final part of the trade is already shown in the image

FDAX Sept2017 2.0

Yeah that's fair enough. A bloodbath can occur as you know at any point, and because you play so many positions, rather than positioning, means that you are more likely to feel the effects of adverse and unpredictable market conditions when ...

FDAX Sept2017 2.0

It's not for me to say, but your style of trading appears very frenetic....ie lots and lots of trades creating plenty of stress I'd imagine. But, if you are consistently coming out on top, then hey ho....everyone plays it differently after all, it ...

FDAX Sept2017 2.0

2 positions closed out 50 + 50 Looking at level 5 on h4 for tp target on final position. image

FDAX Sept2017 2.0

OK understood, anyway, it generally conforms to my view against live positions I hold

FDAX Sept2017 2.0

It looks a realistic enough target. But your chart shows no entries to prove your conviction to your theory. Are you just a paper trader.

FDAX Sept2017 2.0

This looks a reasonable level to me to take a long now. image

FDAX Sept2017 2.0

OK fair enough...the algorithms I use are my common sense and eyes

FDAX Sept2017 2.0

It's really about putting the odds in your favour. ADR is handy for that purpose to let you know whether price could be exhausted, particularly when intraday trading, and can be useful as a heads up to keep your eye out for entry signals. If so ...

FDAX Sept2017 2.0

We have now exceeded the 10 day ADR. Now makes sense to start thinking about the possibility of meaningful longs, and I'd anticipate a suitable long signal in about 90 minutes or so. Of course, it may simply be a shorting day all day, but if looking ...

FDAX Sept2017 2.0

I guess you must have some kind of strategy....but hey it looks painful to me

FDAX Sept2017 2.0

Agreed In terms of a meaningful buy signal, I think it can arrive in no less than 2 hours time, possibly longer. No buying for me yet according to my strategy.

FDAX Sept2017 2.0

In my case, GJ is nearly 1 and 3/4 for a sell via the daily chart. In fact I don't quite have "1" ready yet, but 3/4 is. Later tomorrow I will know whether it's game on, or a re-set. The point being that my rules for any strategy I use are totally ...

5 years and still no strategy

4hr and d1 Disregard news Don't use oscillators For entries, first decide whether you are a buyer or a seller, then apply 1 + 3/4 Which means 1 = must always be present whatever is used, if it isn't, its either no trade or end of trade 3/4 = 3 out ...

5 years and still no strategy

Hi all It is likely we have taken the V discussion as far as it can go at this point in time( at least I have). So far, what has been covered is a) what a V is b) how to identify a V along with various tools to help that part c) how to look at ...

The "V" trading system

Hi GPips Thanks for taking the time to show interest with your alternative, and I'll keep it in mind as the thread further develops.

The "V" trading system

Hi Sam Actually I really wanted a dashboard that used the inputs from your tool. Arriving maybe at 3 columns, coloured with something like a red dot, green dot, neutral dot which reflects the levels of interest per instrument, along the lines of ...

The "V" trading system