It is actually possible to make money in trading, you know

Timeframes and the learning process

Would like to have kept him but wish the fella well to be honest! We'll miss him but we'll surive..... I hope!

Timeframes and the learning process

I started off trading M1 and was one of the lucky traders who started making money right off the cuff. Everyone was telling me that M1 is too risky, too fast and nothing more than noise. I felt like I was somehow doing something that I wasn't ...

Timeframes and the learning process

The poster above is right. It may not happen on backtesting, it may not have happened soon but it can and probably will happen at some point and unravel all the good work you have done in building your account up. If you have a system like this one ...

1min scalping using mtf ALF by bbolss

Hugely, hugely dangerous for me. Because something hasn't happened before, it doesn't mean it won't happen in the future. It could happen this morning. If the next 5 trades were losers, it could ruin a new trader or wipe an account by using this ...

1min scalping using mtf ALF by bbolss

Cool, cheers mate.

1min scalping using mtf ALF by bbolss

The candle you circled is in no man's land. It wasn't crossing the ALF, it had crossed the ALF 12 candles earlier for a good trade. You will have losers with this, you have losers with EVERY trading method. The only way to filter them all out is to ...

1min scalping using mtf ALF by bbolss

Not sure what you mean mate?

1min scalping using mtf ALF by bbolss

I would be happy to take entry 2 but I think the rules are that it needs to close inside the ALF and then close across it in the direction of the trade, Bbolss can perhaps clarify. London session is important for me as this is when price moves the ...

1min scalping using mtf ALF by bbolss

Good point!

1min scalping using mtf ALF by bbolss

Didn't know which entry you were talking about here but here is my take on it if it helps at all: Entry 1 is sound IMO. Price did make a higher high but the wicks on the peak of the last high show you that price is getting rejected. The signal bar ...

1min scalping using mtf ALF by bbolss

You need Benylin Lee

The Dance

Thanks, i'll take a look. There is a danger though that by trying to filter out some bad trades, we filter out as many or more winning trades. Any additions I think need to be tested and proven to be genuine enhancements. Personally, I think the ...

1min scalping using mtf ALF by bbolss

Can you explain how this filters please mate?

1min scalping using mtf ALF by bbolss

Yep, just an ALF trade that one. Does this indi stop you getting good trades as well as filtering out bad ones?

1min scalping using mtf ALF by bbolss

I hope this helps. The pattern you see here is one I particularly like. You see how we are in a strong uptrend? The lighter blue line is the 5 minute ALF on a 1 minute chart. As you can see, this is moving up - the first confirnation we need for ...

1min scalping using mtf ALF by bbolss

No entry here mate

1min scalping using mtf ALF by bbolss

Not dying at all. I read every day Ken and we do appreciate the work here!

Ken's Continuing Successes with EO's system

Sounds a bit too random that! Shall do a chart tomorrow as and when I take a trade mate!

1min scalping using mtf ALF by bbolss