BUT.... H1 was not supporting your buy decision, the price was below DPP on M5, ADX was below both DMIs on M5 etc. etc. Looks like you need to reread all the rules. Hope this was demo. Regards, Blackeagle

Trading made possible with EsikeA+++

Still waiting for your explanation. Regards, Blackeagle

Trading made possible with EsikeA+++

No, you are not correct if you read post #1. It clearly states that; 2. DMI: - Window 1 iii.) ADXr must be above 20 level. and When not to trade: 1. When ADX is below both DMI lines or ADXr is below 20 level. But since Yomi said he/she would explain ...

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A couple of objections re. validity of that trade. 1- ADXr was below 20 2- ADX was below both DMIs Please correct me if I'm wrong Regards, Blackeagle

Trading made possible with EsikeA+++

Hi Yomi, Thanks for the reply. Just another question. You said we needed to check H1 DMI before taking a trade. Do we need to look at only DMI on H1 to see everything in place or do you also check price on H1 being above/below 2 MAs and DPP? ...

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Hi Yomi, I've been reading this thread with great interest. Thanks for sharing. I have a question re. your second trade on above chart. You said "ADX must be above one of the DMI's" and to explain it better you later said "ADX should be between DMI+ ...

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Thanks mate. Appreciate it. Regards, Blackeagle

Trading made possible with EsikeA+++

Can someone please tell me how this works? 4. BE/Lock-in-pips = 15pips As far as I understand, when you are 15pips in black, you bring SL to BE. If that's the case, then the question is: When do you lock-in 15pips profit? I see many posters ...

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Correct, because he is using SMA34 as a trend indicator. Regards, Blackeagle

High Flying Trading (HFT) Method

Correct. Not only the initial trade, all add-ons, too. The idea is to ride the trend with multiple positions as long as price is above/below 34 SMA. When it is crossed and candle closes in opposite direction, then close all positions and open a new ...

High Flying Trading (HFT) Method

If you read post #54 carefully, then you'll see that he already explained the initial entry, add-ons, exit and hence TP. Regards, Blackeagle

High Flying Trading (HFT) Method

I saw that little step up but I had no idea it had a significance (Can you please clarify its significance?). You said a breakout of the horizontal line of the lowest low needs to be breached. According to this rule, the horizontal line of the ...

Diversified Trend Trading Approach

Yes it makes sense now. Thanks again for the prompt answer. One thing to clear. You said a breakout occurs when horizontal line of the lowest low is breached with a step down. Re. the very first cross you put on the chart (the one with the very long ...

Diversified Trend Trading Approach

Thanks for the detailed explanation. I found the channel on MT4 (I never used Std. Dev. Channel) and downloaded Donchian indis from your post, but the problem is I don't see any breakouts on H1, because Donchian indicator always follow the high and ...

Diversified Trend Trading Approach

I have two questions: 1- Do you have a rule indicating when a trend is confirmed on D1? 2- I found a couple of Std Dev. Channel indi for MT4 and they all have a look back period or Bar period option meaning you need to choose a number of period ...

Diversified Trend Trading Approach

I cannot find the Standard Deviation Channel under Indicators on MT4. There is one named Standard Deviation but it does not draw a channel like you did on your charts. It just draws any period of Std Deviation as a line on a separate indicator ...

Diversified Trend Trading Approach

If you are buying EURNZD, that means you are shorting NZD which has higher interest rate. This will give you negative swap, not a positive one, so you'll be charged swap fee. Regards, Blackeagle

The similarity system

Thanks for the reply. If you please look at the last chart I posted with A and B, after candle B, price touched 12740 four times. Those touches are the ones what I am talking about (and you were stopped out at any one of those entries). Re. 100% win ...

my system of 20 pips

Hi Artem, Can you please answer my question on post #315? The price touched 12740 six times before 12740 entry today and if you entered at the first four touches, you would be stopped out. So can anyone who knows how to enter give me a logical ...

my system of 20 pips

To be honest, I do not think that is the case, at least for me. Regarding my above question "sell becasuse of A or B", actually it is not that important because let's say it is because of B (if it is A, my argument is still valid), the price touched ...

my system of 20 pips