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niks replied Apr 7, 2023here it is with ema9 image ema20 image and ema50 image also thinking of adding all three - ema9, 20 and 50
PA Trading with EMAs and common Sense
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niks replied Apr 7, 2023happy easter vvm the entry was good, and now better because of break even so i hope it can make profit and you learn more about daily chart! easter is a good time for practice... BTCUSD 1M (DEMO) short off resistance targeting prior low image ...
PA Trading with EMAs and common Sense
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niks replied Apr 6, 2023you are correct thehusla - entering at the point of highest probability for profit is the key - for many, that involves waiting for price to reach an area in a certain way, the areas and price action i look for however are very primitive, i prefer ...
PA Trading with EMAs and common Sense
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niks replied Apr 6, 2023hey vvm, my view on this one is strong trend on 1H chart might make the target difficult, it will need to break the trendline to reach the target image
PA Trading with EMAs and common Sense
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niks replied Apr 6, 2023AUDUSD 1M very quiet so just playing with demo on ios countertrend short off big round number resistance in low volume market targeting previous low, cost averaged image
PA Trading with EMAs and common Sense
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niks replied Apr 5, 2023still always better than a loss... vvm's new luck offering didn't stretch very far for me yesterday AUDUSD 1M long off support looking for trend continuation after a pullback targeting between ema50 and ema200 image then cost averaged two more ...
PA Trading with EMAs and common Sense
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niks replied Apr 4, 2023yes, it can be simple sometimes and i do tend to make it more difficult than need be with untidy entries - that comes about as a result of not filtering my entries which is how i try and keep it simple and have to deal with the consequences if it ...
PA Trading with EMAs and common Sense
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niks replied Apr 4, 2023perfect entry, perfect target - in and out in less than 15 minutes, that's what i like to see! image
PA Trading with EMAs and common Sense
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niks replied Apr 4, 2023dollar dollar indeed! one of my favourites... image
PA Trading with EMAs and common Sense
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niks replied Apr 4, 2023AUDUSD 1M short off resistance, double top then triple top targeting break of previous lows including what i was seeing in the indicator - resistance and downtrends everywhere! image it definitely helped in this trade... image
PA Trading with EMAs and common Sense
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niks replied Apr 4, 2023very nice and well suited for a CT setup, never considered anything like this before, i certainly will now! appreciate your time in sharing it... this is how i'd probably enter and exit - enter after the breakout of the range and exit just below the ...
PA Trading with EMAs and common Sense
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niks replied Apr 4, 2023yes, certainly starting to feel its benefits, still gotta fix that LL bar bug though, haven't got around to it yet, and i'm going to compact it a bit more, then it will look complete and better in the screenshots i totally agree with your take on my ...
PA Trading with EMAs and common Sense
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niks replied Apr 4, 2023AUDUSD 1M short off resistance targeting a new low, then cost averaged against old support hoping for resistance, then again on the break of ema200 anticipating a failure... image decent profit in the end thanks to a dose of new luck! image best ...
PA Trading with EMAs and common Sense
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niks replied Apr 3, 2023hey vvm, these trades were affected by fundamental factors due to the interest rate news coming up for the AUD technically, i think for the first one, the wick wasn't long enough to trap the bulls, if it was higher like this it would of had a better ...
PA Trading with EMAs and common Sense
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niks replied Apr 3, 2023yes! i'm really feeling it - once i get a few more trades in i will figure out how it fits in with my analysis... i was planning to replace the M1, it was only there for testing purposes, so i'll add the M15 as you recommend in its place i'm glad ...
PA Trading with EMAs and common Sense
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niks replied Apr 3, 2023trends are not defined by indicators, indicators represent price action, you cannot use indicators to define a trend - my advice is stop watching boxes and whatever else being painted and study the price action instead - your also correct in that ...
M1 Countertrend Scalping Strategy
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niks replied Apr 3, 2023EURUSD 1M long off support targeting ema50, no initial stop loss, was planning to cost average and didn't need it, target achieved with added slippage! image
PA Trading with EMAs and common Sense
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niks replied Apr 3, 2023
% agree! acknowledging what doesn't work is just another step of the development process towards improvement - do NOT trade live until you are ready, use a simulator and demo until you are - hang in there mate, you'll make it!M1 Countertrend Scalping Strategy
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niks replied Apr 3, 2023cheers mate! it does look a bit flash, it certainly adds a whole new perspective, to be honest, i'm still just soaking it all in at the moment and trying to work out how i'll use it - thanks for the tips...
PA Trading with EMAs and common Sense