Hi, As promised, here is the second improvement of the system. Enjoy! Sai Ram

My Day Trading System (MDTS) in trend following

Hi guys, My trade GBPUSD is stopped out by using a trailing stop. After I got +9 pips I put [email protected] and TP@22 pips from entry and went to bed. The trend is down and only looking to sell in LTF. I will share with you the new improvement of the MDTS ...

My Day Trading System (MDTS) in trend following

Hi, Today, no news. US and GBP banks are closed. Ones should not trade. Sai Ram

My Day Trading System (MDTS) in trend following

Hi, I use the concept of Dr Alexander Elder : The Triple screen. H4: He uses the trend following indicators for the long term screen to aid in identifying the trend. Here, we use QQE (FT=1440 or 240). For longer trend use QQE (TF=1440) or for use ...

My Day Trading System (MDTS) in trend following

Hi guys, I've just closed GBPUSD with +23 pips. This is my third trade winner using the TRAILING STOP ENTRY. The trend is up on H4 and H1 H1: 1) Price touches the 5 EMA (low) 2) Force index bar (Blue) is above zero Then go to M15 at the candle 8:00 ...

My Day Trading System (MDTS) in trend following

Hi, Aligning QQE (H4 and H1) gives less signals. This is the concept of taking the same direction of the 2 TFs. Now, you can choose only the trend in the H4 then wait for price pulls back to the 5 EMA(H_L) finally, enter a trade in M15. This ...

My Day Trading System (MDTS) in trend following

Hi guys, I have tested only 2 trades so far to enter a trade by using the TRAILING STOP. After 2 trades winners, I gained more confidence regarding the rhythm of the market. I think it is too soon to share with you. Let me do some more trades. Then ...

My Day Trading System (MDTS) in trend following

Hi guys, As promised, I have updated the DOC. Enjoy! Sai Ram

My Day Trading System (MDTS) in trend following

Hi, It is very good idea that I have to update the doc. Stay tune! Sai Ram

My Day Trading System (MDTS) in trend following

Hi, I always check QQE(TF=240) in H1 to make sure the direction aligned with H4 if you use QQE(TF=1440 or 240) in H4. I call H1 the turning point. Sorry I forgot to mention in the DOC. Even I am a full time trader but I have a lot of things to do at ...

My Day Trading System (MDTS) in trend following

Hi, I use daily pivot point and fibonacci drawn from yesterday. Sai Ram

My Day Trading System (MDTS) in trend following

Hi, I use daily pivot point in H1 Sai Ram

My Day Trading System (MDTS) in trend following

Hi, Yes. I use daily pivot point Sai Ram

My Day Trading System (MDTS) in trend following

HI, Good trade! Sai Ram

My Day Trading System (MDTS) in trend following

Hi, Good trades!! We can tracking the direction of the market by using QQE(TF=240) in H4. No Problem. As long as we have a clear trend for intraday trading. Use M15 for entry. If you miss the first time of entry then you can reenter a trade by M5. ...

My Day Trading System (MDTS) in trend following

Hi, I will be back. I have to bring my daughter to school. See you soon Sai Ram

My Day Trading System (MDTS) in trend following

Hi, If I were you I would not enter a trade. I will wait a new set up. 1) Price test the 5 ema (h1) of the low, 2) Force index (H1) is above zero, 3) macd is above zero. Sai Ram

My Day Trading System (MDTS) in trend following

Hi, Therefore use Daily chart to determine the trend or set QQE(TF=240) on H4. Sai Ram

My Day Trading System (MDTS) in trend following

Hi, Use M15 to enter a trade. Because M5, there is whipsaws. Price goes up and down all the time. Sai Ram

My Day Trading System (MDTS) in trend following

Hi, Your entries were good. Sai Ram

My Day Trading System (MDTS) in trend following