No problem. Thanks for your suggestion. But I'm not a hit and run trader ;-) More like hit and let my profits run ;-) Actually if you're very experienced you don't even need 1 minute. I just needed it to finetune my entry...to tell me that I was ...

Fractal Geometry....Trading?

The market as unique as it is consists of many basic simple movements. About the 1 minute....Well....I must have an idea of the trend.....You don't get it from the 1 minute. 1 minute is for entry. For finetuning.

Fractal Geometry....Trading?

Fractals are the basis of my trading. A fractal is "a rough or fragmented geometric shape that can be split into parts, each of which is (at least approximately) a reduced-size copy of the whole". Every day is unique but the patterns and patterns ...

Fractal Geometry....Trading?

I really don't get this..... For example we have a right trendline break here of a downtrend...big bar.... And we've had an uptrend the whole morning. This is obviously a resumption of main trend. How can your modus be any different then long? How ...

Risk / Reward - new approach

example — Just to illustrate the point in my previous post checkout attach. Went long on 5th bar from the right. Everything looked good, 5 min, 15 minute. However, did not like the 3rd bar from the right...did not expect that. It's a reversal ...

Risk / Reward - new approach

I find thinking in terms of risk/reward deceptive, unnecessary and it hurts my trading. I Just keep the risk to a minimum (near zero). I do not let the market go against me. Not at all. Period. And the reward is whereever the market takes me because ...

Risk / Reward - new approach

example — Just an example from this morning. Lightgreen trendline is broken. We have the 9:30 bar (channel breakout) that then completely reversed the next 3 bars...(strong move)... BTW I actually took that complete bar short, took 1/2 profits ...

Convince me on your method...

Something else ;-) I believe that markets are fractal. They consist of patterns that have the same patterns on other timeframes. I should say any timeframe. The pattern is movement (1)-retracement (2)-continuation (3). Something like an elevator ...

Convince me on your method...

I think that the trading method should be adjusted to your psychological profile. In other words: You adjust your method to fit your personality. It's all about knowing yourself. For example I know I can be "trigger happy" at times...see ...

Quest for the Psychology behind Trading Effectively...