1. From your described situation I don’t think that you actually have a “winning” strategy.

2. It’s not “extremely tiring” to open a hedging position. You can do it at your own pace and will. Read again my notes.

3. Do it calmly, there is no rush, just win a few pips at a time.

But again, according to your description – I don’t think you have…[Read more]

Yes. But it’s not restricted to H1 – that was just an example.

If you use different background color for each – you will clearly see the market “sentiment” – it’s much the same method as “Market Profile” uses the Volume distribution during certain period.

G.

Answer to Q1:

Assuming you are in an hedged position, and you got a LONG entry signal according to your “winning” strategy. Now you do the following:

1. Close the SHORT position, but remember where it was.

2. Let the long position run for just a few pips, let’s say 10 pips for example.

3. Put the SHORT hedged position again, in it’s pr…[Read more]

Answer to Q1:

Assuming you are in an hedged position, and you got a LONG entry signal according to your “winning” strategy. Now you do the following:

1. Close the SHORT position, but remember where it was.

2. Let the long position run for just a few pips, let’s say 10 pips for example.

3. Put the SHORT hedged position again, in it’s pr…[Read more]

Answer to Q1:

Assuming you are in an hedged position, and you got a LONG entry signal according to your “winning” strategy. Now you do the following:

1. Close the SHORT position, but remember where it was.

2. Let the long position run for just a few pips, let’s say 10 pips for example.

3. Put the SHORT hedged position again, in it’s pr…[Read more]

Answer to Q1:

Assuming you are in an hedged position, and you got a LONG entry signal according to your “winning” strategy. Now you do the following:

1. Close the SHORT position, but remember where it was.

2. Let the long position run for just a few pips, let’s say 10 pips for example.

3. Put the SHORT hedged position again, in it’s pr…[Read more]

There are two ways of getting out of an hedged position that I use:

1. When you got a strong entry signal (according to your “winning” strategy) – close the opposite hedge for just a few pips. once accomplished, return the opposite hedge. There is no TP in this, just reducing the loosing position with each entry until BE.

2. This method…[Read more]

There are two ways of getting out of an hedged position that I use:

1. When you got a strong entry signal (according to your “winning” strategy) – close the opposite hedge for just a few pips. once accomplished, return the opposite hedge. There is no TP in this, just reducing the loosing position with each entry until BE.

2. This method…[Read more]

I continue to use it on real acct.

Same Win/Loss ratio, profits && DD as before, nothing changed.

G.

I continue to use it on real acct.

Same profits && DD as before, nothing changed.

G.

To the RIGHT of  H1 bar, opened @08:00 (current time is 08:55):

Bar +1: 1 M30 bar, closed @08:30, 1 M15 bar closed @08:15, 1 M15 bar closed @08:30, 6 M5 bars closed @08:30 (6 intervals of 5 minutes) (stacked on the same bar – each in different color)

To the Right of the above bar:

Bar +2: 1 M15 bar closed @08:45, 3 M5 bars closed @08:45 (3…[Read more]

To the RIGHT of  H1 bar, opened @08:00 (current time is 08:55):

Bar +1: 1 M30 bar, closed @08:30, 1 M15 bar closed @08:15, 1 M15 bar closed @08:30, 6 M5 bars closed @08:30 (6 intervals of 5 minutes) (each in different color)

To the Right of the above bar:

Bar +2: 1 M15 bar closed @08:45, 3 M5 bars closed @08:45 (3 intervals of 5 minutes)

To…[Read more]

To the RIGHT of  H1 bar, opened @08:00 (current time is 08:55):

1 M30 bar, closed @08:30, 1 M15 bar closed @08:15, 1 M15 bar closed @08:30, 6 M5 bars closed @08:30 (6 intervals of 5 minutes) (each in different color)

To the Right of the above bar:

1 M15 bar closed @08:45, 3 M5 bars closed @08:45 (3 intervals of 5 minutes)

To the Right of…[Read more]

GBP reached the 60% (+some…) of the NFP move.

Now waiting for another up move to retrace to the total 60% move.

G.

Thank You Brother BlackStack for the explanation..

And for all,  as you know that I’m one of ‘repaint’ indicators lover so this SSS indicator also one of this ‘repaint’ indicator ..lol.

I already explain in post 1, that you can’t only rely on TA tools only to reach your success in trading, especially MT4 Indicators whatever they are..

About…[Read more]

Hi Brother,   I use MT4 default Fibonacci Arch Tool. If ‘she’ not show up in your Line Studies tool icons , just hover your cursor, right click, and select customize to show all the tools you want to use.

Best regards

MTH

On the previous subject of bars  “direction change”:

Bars #1 & #2 Highs are higher than previous bars High in down trend/swing – early signal for direction change.

Bar #3 High is Not higher than previous highs (in down trend/swing) – direction will not change.

Bars #4, #5, #6, #7 Highs are higher than previous bars High in down trend/swing – ea…[Read more]

In MT4, the TIME scale at the chart bottom is the OPEN time of that bar/candle.

It stays and constantly draw/paint that bar movement until that TF time ends.

So, on H1 bar, you can draw within that same bar, the already closed M30 movement, M15, M5 & M1 – each with different background color, using stronger colors for shorter TF’s.

Using it…[Read more]

In MT4, the TIME scale at the bottom of the chart is the OPEN time of that bar/candle.

It stays and constantly draw/paint that bar movement until that TF time ends.

So, on H1 bar, you can draw within that same bar, the already closed M30 movement, M15, M5 & M1 – each with different background color, using stronger colors for shorter T…[Read more]

So, Yesterday result

You may wonder, why with up signal, most of the trade entries in short positions.. lol. This is because I ‘seeding’ this short positions previously and closed it one by one when market start to move up, and of course re-seeding my long positions on the way up.. until today when there’s down signal show up in EU daily…[Read more]