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An Edge for an Edge (System Development) 113 replies
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DislikedGidday every one. As this may help the newbies, shall post my first stage of analyse with gold. Normally I keep it a simple black and white but for this example have added colour and a bit of explanation. If this meets with approval shall post additional honing in on shorter time frames when time permits. Simple as it seems the below is a vital step in the start of understanding and gaining an edge and outcome. {image}Ignored
DislikedNice rejection at D-R1 this morning bagged a few. Below the Open now leaving a test of D-PP a probability which, could provide a nice reactionIgnored
DislikedLong Dax from just below D-Open {quote} Bit of a late entry (school run) {image}
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DislikedGidday every one. As this may help the newbies, shall post my first stage of analyse with gold. Normally I keep it a simple black and white but for this example have added colour and a bit of explanation. If this meets with approval shall post additional honing in on shorter time frames when time permits. Simple as it seems the below is a vital step in the start of understanding and gaining an edge and outcome. {image}Ignored
Disliked{quote} Should be $28 move 280 pips, gold is on a run again. {image}Ignored
Disliked{quote} I appreciate you guys helping newbie traders like me with these useful information. i wanted to ask if i wanted to trade only one time frame, eg, 15 min or 1Hr what important levels should i add because i don't want to add every level that is offered in the pivot prof, i just the ones that are really useful and want to keep it clean and simple. Your feedback will be greatly appreciated.Ignored
Disliked{quote} Gidday Pips The best advice I think any one can give you is to go over all the excellent examples posted on this forum copy them on your free simulated platform and begin by putting in your support and resistance levels, zoom the chart in and out and use different time frames. By doing this continually you will begin to see patterns and hence trading levels all along with your pivots. Do not use a real account when starting. After saying that I guess what I am indicating here is giving advice is on a hole not the way to get people started...Ignored
Disliked{quote} I appreciate you guys helping newbie traders like me with these useful information. i wanted to ask if i wanted to trade only one time frame, eg, 15 min or 1Hr what important levels should i add because i don't want to add every level that is offered in the pivot prof, i just the ones that are really useful and want to keep it clean and simple. Your feedback will be greatly appreciated.Ignored
Disliked{quote} Hi pipsAs duskyboy rightly said, mindset and money management is king in this game. Using pivots will give you excellent S&R levels from which to open and close trades. In the beginning i would advise to stick with that and just observe how price reacts around these levels on a daily basis using different timeframes. I tend to pull the trigger on 5 & 15 min TF's but get my information from 15min, 30 min and hourly. ALWAYS look left at previous structure of price as this will have a strong bearing on what is happening right now and...
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DislikedHello gents. Hope all are well. Short dax below S3. took one earlier as well for +70 at S1 I think we should be looking for Ms1. Bargain!Edit: Half off +35. rest to run to ms1. {image}
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Disliked{quote} It took it's time but a very nice 100 point reaction{image} Start enjoying accurate entries and low draw down trading today using Pivot Prof, the only S&R tool you will need. Works with all symbols Forex, Indices, Shares, Gold etc.. Find out more and get the Pivot Prof Scanner for free here ► Pivot Prof - Trading An Edge Buy Pivot Prof now with an extra $10 discount, just click the link below: BUY - Pivot Prof MT4...
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