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pt49 replied Feb 25, 2023Well done Brother... Regardless the entry point on ANY method, if you are trading with the Trend you are better than half way to a profitable trade. BUT... the key to success is controlling Risk.
Scalp - Geometry + Structure + SnD + SnR, Swing - EMA Rejections
- pt49 commented Feb 12, 2023
Free targets to practice on with billion $ jets.
U.S. military has shot down an unidentified object over Lake Huron
- pt49 replied Jan 28, 2023
I'm sorry mate but I simply can't read your dark charts. I like your take on adding to this method though. Good luck with it.
Swing Trades using Price Action
- pt49 replied Jan 28, 2023
Your charts are very different to mine, if you are using TradingView, you must have TIME set different to me. I use New York time... currently UTC -5
Swing Trades using Price Action
- pt49 replied Jan 28, 2023
Hello friend... no, that candle doesn't qualify.
Swing Trades using Price Action
- pt49 replied Dec 16, 2022
There is a new Guru on the Block... and no, it's NOT me. Search YouTube for "DR/IDR 88% probability". If you have discipline, you can easily win 75% to 90% of your trades. If greedy... maybe only 60-70%. Search away.
Order Block Theory - Institutional Trading Method
- pt49 commented Dec 13, 2022
what a long-winded rambling talk winding up saying a CBDC is in the works. CONTROL is coming to a wallet of yours.
Lowe: An Efficient, Competitive and Safe Payments System
- pt49 replied Oct 15, 2022
It's been a lean month on the daily chart for this method. However, this week produced 2 entries, sell EURUSD and sell XAUUSD. The euro trade failed but the gold trade is going nicely.
Swing Trades using Price Action
- pt49 replied Sep 15, 2022
It's up to you to backtest in the time frame you wish. I have only tested it extensively in the Daily charts. My 2 years test results are in page 4 #77
Swing Trades using Price Action
- pt49 replied Sep 13, 2022
Feel free to publish your results, whether in spreadsheet format or other. I have not backtested other timeframes in depth myself. In my opinion if you only had 13 wins from 35 trades (live trading I think) then you need to test more.
Swing Trades using Price Action
- pt49 replied Sep 7, 2022
35 trades in 2 months? It seems like a lot of trades. August is usually a hard month in trading due to it being summer holidays in North America.
Swing Trades using Price Action
- pt49 replied Sep 6, 2022
Swing trading is probably not suited to Prop Firm trading accounts unless they allow you to leave trades running over weekends. You could use 4 hour charts instead of daily... price is fractal, so it should still work ok... I have not backtested ...
Swing Trades using Price Action
- pt49 replied Sep 5, 2022
I am not using software, I manually backtest using the "Replay" function in TradingView. It only takes a moment to look at each daily candle as you click forward on the chart. You can check 12 months daily data in just a few minutes or so... you ...
Swing Trades using Price Action
- pt49 commented Aug 31, 2022
You could look at it that way I suppose, but then again no country, company or person in the world achieved progress at any level without competition.
Japan pledges US$30 billion of aid and investment for Africa to counter Chinese influence
- pt49 commented Aug 29, 2022
I like the concept... BUT, "Green"? How about roads, bridges, water/power supply etc? INFRASTRUCTURE.
Japan pledges US$30 billion of aid and investment for Africa to counter Chinese influence
- pt49 replied Aug 25, 2022
Obviously you must be careful trading correlated pairs... example... EURUSD AUDUSD CADUSD If you traded these 3 together you are basically trading the USD.
Swing Trades using Price Action