Hi, Yes. we can do that too. Sai Ram

My Day Trading System (MDTS) in trend following

Hi, I think we have a solid technic analysis. But what we need is the fundamental analysis to complete the whole analysis. What forces drive the markets? The fundamental analysis creates direction while the technic analysis gives the way to enter a ...

My Day Trading System (MDTS) in trend following

Hi, Just to inform you that there is NEW ( crude oil inventories) will release at 17:30 GMT. This NEW will create some volatility. Sai Ram

My Day Trading System (MDTS) in trend following

Hi, I went LONG on GBPUSD, Take Profit at 20 pips from the entry. Then exited manually for break even. H4: Uptrend H1: H1 and H4 are aligned. Price was rejected on the 26 EMA (H1). When I saw this move then I decided to take this setup. But the pair ...

My Day Trading System (MDTS) in trend following

Hi, I saw it. But I don't like the LOONIE even I am Canadian. Every time it moves is like the Loonie jumps 5, 6 or 7 pips then pull back. Sai Ram

My Day Trading System (MDTS) in trend following

Hi, 26 EMA for a test. Why is that? Because MACD(12,26,9) ===>12 ema, 26 ema, 9 sma If price trades above 26 ema (H1) then the market is an uptrend. It is just a filter to align with the trend from H4. I am going to let the 26 EMA stays in H1 for ...

My Day Trading System (MDTS) in trend following

Hi, I went LONG on CHFJPY. But it is stopped out with +2pips. Why +2 pips? After I gained 5 pips I put an SL@ 2 pips from the entry. And I went to rest for a while. H4: Uptrend H1: Price closed below the 5 ema (LOW); H4 and H1 are aligned. M15: The ...

My Day Trading System (MDTS) in trend following

Hi, The right entry according to the rule is followed: The candle (1,2) formed a LL pattern. The Candle (2) is a signal bar and the high of the candle (1) serves as an entry. The price must break out the high of the candle (1). Then enter LONG on ...

My Day Trading System (MDTS) in trend following

Hi, I am very very sorry. I have noted the number on the wrong candle in the POST#132. Now it is CORRECTED. Thanks. Sai Ram

My Day Trading System (MDTS) in trend following

Hi, I'm trying to explain using the pattern Lower Lows (LL) to go LONG. M15: 1) The candles (1,2) forms a pattern LL. Then the candle (2) is a signal bar. The high of the candle (1) serves as a breakout for entry. 2) Make sure that the 4 previous ...

My Day Trading System (MDTS) in trend following

Hi, I have in my tools box one more way to enter a trade in M15, the pattern HH-LL. I will share it with you. You can check on this website: url I have read it twice. And I found very interesting. I have modified the timing entry to fit my ...

My Day Trading System (MDTS) in trend following

Hi, I missed GBPUSD trade alerted at 12:15 GMT. Because I have slept in my chair. H4: Uptrend H1: QQE is above zero. Price closes below 5 EMA (Low). H4 and H1 are aligned. M15: Go LONG when TIMING goes below zero and cross back above zero and Blue + ...

My Day Trading System (MDTS) in trend following

Hi, I am very happy to hear about your success. Keep going you will be a successful forex trader. Sai Ram

My Day Trading System (MDTS) in trend following

Hi guys, The system is 90% providing us a hedge. So I'm going to give you the following tip. The interval of time frames to do the analysis is very important. I choose H4-H1-M15. Because the Hedges Funds pinpoint their entries on H4. So we, as dumb ...

My Day Trading System (MDTS) in trend following

Hi, There is a setup to go LONG as shown on the chart attached below. But I did not take it because it is close to the NEWS releases on 17:00 GMT. Sai Ram

My Day Trading System (MDTS) in trend following

Hi, Be careful. The stop loss is the risk of each of your trade. How much you are willing to risk for this trade? I don't risk 3 to 5% of capital on each trade. Every time you enter a trade it is a risk. Because the indicators compute the past data ...

My Day Trading System (MDTS) in trend following

Hi, I've just closed manually GBPUSD +10 pips. Because NEW will release at 11:30 GMT. H4: Trend is up H4 and H1 are aligned H1: Price closes below the 5 ema of the low M15: Go LONG when ALF Winner is below 0 level and cross back above 0 level (white ...

My Day Trading System (MDTS) in trend following