DislikedGood approach, don't forget (big) round numbers they are also important confluence points.
I advice you to use bollinger bands (especial with ct pinbars).Ignored
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James16+Rayanmcd(Jan kone) and ME 7 replies
DislikedGood approach, don't forget (big) round numbers they are also important confluence points.
I advice you to use bollinger bands (especial with ct pinbars).Ignored
DislikedBtw. I tried several times to find some pattern how to use boilinger bands on CT pin. Can somebody give me advice?Ignored
DislikedHere's one on the 5 minute chart. It's not a pin bar, but what is this?! What could this possibly be?! Put those two bars together and voila, it's a ten minute pin! lol
Have a good one ladies and gents!Ignored
DislikedHow hard is it to wait for the momentum to build and then roll with it ladies and gents? Just poppin in to say hi and see how everybody's doin.
If you wait for the momentum to build a bit before placing trades, I could almost guarantee a 70%+ gain rate unless you're acting like a doofus and placing bad trades when you shouldn't be.Ignored
QuoteDislikedIf you wait for the momentum to build a bit before placing trades, I could almost guarantee a 70%+ gain rate unless you're acting like a doofus and placing bad trades when you shouldn't be.
Dislikedit's all about waiting for a big breakout and waiting for an eventual retracement. Vast majority of the time you'll get a pin or outside bar around the mid BB/21 EMA that's a slam dunk trade.Ignored
Dislikedit's all about waiting for a big breakout and waiting for an eventual retracement. Vast majority of the time you'll get a pin or outside bar around the mid BB/21 EMA that's a slam dunk trade.Ignored
DislikedHow hard is it to wait for the momentum to build and then roll with it ladies and gents? Just poppin in to say hi and see how everybody's doin.
If you wait for the momentum to build a bit before placing trades, I could almost guarantee a 70%+ gain rate unless you're acting like a doofus and placing bad trades when you shouldn't be.Ignored
Dislikedmike,
for my learning purpose, what made you believe there was momentum at the 1st arrow? (i could probably see it for the 2nd arrow).
it seems to me it was still stuck in the ~3 hour sideways.
thanks.Ignored
DislikedHey dhh, how's it goin? Honestly, it's just because I've seen it so many times. I know that when price starts to push away a bit and the 50/20 start to separate as well, price is on the move. Does that happen every single time? No, but for the most part it does. I wait for those moves as those are my high probability setups. When everything is still mumble-jumbled together, I leave it alone and wait.
I hope that helped and if not, I'll try to clarify a bit more.Ignored
Dislikedyes it helps. if i may, it comes with screen time.
if you don't mind, you mentioned 50/20, what is the 3rd MA?
thanks as always.
i'm hanging in there: some wins some losses. my emotions are better controlled now.Ignored
DislikedHello to all newones and experienced....
I want to thank Jankone and Ryan for their invaluable inputs! In fact I am reaping the fruits of this Methodology to a great extent!
With proper Time period and understanding of this method, almost 80% hit rate is achieved in the long term.
My fav setup here is
CT ( read very carefully below or u will burn ur hands easily)
Time : London open to LO close
For Buy setup
1) Double Bottom formation
2) Price should not close below the low of first bottom before or after the Pin is formed...Ignored