Hi, Wow!! I like your ideas! When doing top-down analysis from H4 to M15 ones must see the behaviors of price action in the interval of time frames. That's why price action move in the H1 is significant. Never do the contrary in H1. All time frames ...

My Day Trading System (MDTS) in trend following

Hi, For a maximum retracement, we have to wait for the price closes above or below the 5 EMA(H1) high/low. Then crank down to M15 to enter a trade with the confirmations. I have done some paper trades. The results are much better than before. It is ...

My Day Trading System (MDTS) in trend following

Hi, Thanks Sai Ram

My Day Trading System (MDTS) in trend following

Hi, OK. Let do it next week. Sai Ram

My Day Trading System (MDTS) in trend following

Hi, Now, I see your point. I will put it in application next week. Do you mean the MBFX system or MBFX Timing indicator? Thanks, Sai Ram

My Day Trading System (MDTS) in trend following

Hi, GBPUSD is stopped out with -6 pips Always put a stop loss at the most recent high or low. In this case, I decided to put the stop loss 6 pips from the entry. Because I saw the Hammer formed, in H4, at the bottom of the downtrend. Maybe the trend ...

My Day Trading System (MDTS) in trend following

Hi, Oh, Yea!! Baby Don't waste to much time in the demo. Begin with a micro account then increase lots according to the risk management. Sai Ram

My Day Trading System (MDTS) in trend following

Hi, I had finished demo since 10 years ago. But I risk each trade of 3-4% of capital. Sai Ram

My Day Trading System (MDTS) in trend following

Hi, If I trade USDCHF, I will buy in M5 as followed. The trend is up. The alignment is perfect. Enter a buy trade in M5: 1) Price touches the 5 ema (H1) of the low; 2) CCI(M5) is below -150 3) stochastic trending up + Force Index(H1) is positive Buy ...

My Day Trading System (MDTS) in trend following

Hi, If I trade USDJPY, I will buy in M5 as followed. The trend is up. The alignment is perfect. Enter a buy trade in M5: 1) Price touches the 5 ema (H1) of the low; 2) CCI(M5) is below -150 3) stochastic trending up + Force Index(H1) is positive Buy ...

My Day Trading System (MDTS) in trend following

Hi, Right. You see my big mistake. I had toll people in the past not to enter a trade after a long body candlestick formed. Because, by nature, the price will retrace. Sai Ram

My Day Trading System (MDTS) in trend following

Hi, Today 1 trade GBPUSD. Sell GBPUSD with SL= 20 pips from the entry and TP= 20 pips. Unfortunately, my trade was stopped out with -20 pips. Sai Ram

My Day Trading System (MDTS) in trend following

Hi, Yes, I see. I want you to concentrate to align the direction of H4 and H1 first of all. Then enter a trade in M15 after price action makes a maximum of retracement by watching the price touches to the 5 ema (H1) of the High/Low and Macd ...

My Day Trading System (MDTS) in trend following

Hi, The stochastic in H4 is there just for confirming the cross of 5/10 EMA. And also we need the stoch in M15 to confirm the entry. If your entry in M15, let say downtrend, price trades below the 20 ema(H1) then there is a high probability trade. ...

My Day Trading System (MDTS) in trend following

Hi, I've just closed GBPUSD for another +17 pips The job is done Sai Ram

My Day Trading System (MDTS) in trend following

Hi, I've closed GBPUSD with +9 pips. Last night, I went sell on GBPUSD for 40 pips as TAKING PROFIT and went to bed. I think I was so greedy. Sai Ram

My Day Trading System (MDTS) in trend following

Hi, I like the second one. Because I have used more than 10 years the cross of 5/10 EMA to determine the current trend on H4. Then, for the first time, I use QQE on H1 to analyze the medium current trend aligning with the one on H4. It is powerful ...

My Day Trading System (MDTS) in trend following

Hi guys, I've just put a sell aggressive trade GBPUSD. Let see .... Sai Ram

My Day Trading System (MDTS) in trend following