I will be testing this algo blindly to see if it is profitable. I haven't made any modifications to the settings but, I did choose a timeframe that seemed best for the currency pair. - I will be trailing my SL - No TP
Working with the Gann Box and creating zones and beautiful pivot points. Breakouts Supertrend Momentum 1. Wait for candle to break zone 2. Wait for supertrend to match intended direction 3. Wait for momentum 4. I recommend take profit to be the next zone in same direction or a range of 10 - 30 pips Breaks and Rejects are crucial for getting...
Learning to keep a clean, properly labled chart. TP 1 is the blue line and if it breaks we shoot for the green
-- Although its about to hit tp I wanted to point out this notion: --> Consistently gaining a set amount of pips versus the vigorous psychological stampede of trying to hit Jackpot every trade was a humbling lesson from my experience! --> 10 - 30 pips can go an absolutely long way when you know how to use it. Don't get me wrong, I want that beautiful swing...
TidBit: In my mark ups, you will see a multiple zone areas. For those who have notice, there is a certain range that I use to identify exhaustion, pivots and key levels. If it is all the same to you then, you may be on to something. These are just ideas -- that identifies a simple but useful pattern in arbitrage trading. Analysis: SPX May Fall SPX is at an...
EURUSD PENDING ORDER [/b Waiting for breakout Set smaller take profit points inbetween zones
US30 15 min Key Zone Analysis Look out for zone breaks Take profit will be the next zone in the break's direction Stop Loss will be the previous zone in the opposite direction Supertrend and DMI will help stop trend reversals and Momentum Note: We are in an exhausted buy area according to the Gann --> I will prefer to scalp until I see a big break on one of Key...
Bitcoin Monthly Analysis reveals key zones that are useful on lower timeframes. When looking at this analysis you will identify 3 Key Areas: [ - An Exhausted Buy Area - An Exhausted Sell Area - 50% areas to identify breaks within the market using Gann and Fib: * Breaks above = Buy and take to next zone * Breaks below = Sell and take to...