Thank you for the video today tried this strategy and it worked perfectly. Now I feel more confident in my trades
@billnolan53752 жыл бұрын
The key to making money in stocks is remaining in the stock market, investors often move in and out of the stock market at the worst possible times, missing out on that annual return.
@rohitmajumdar15792 жыл бұрын
@Zachary Owens Trading when done right can really set you up for some really good profits.
@noelstout30562 жыл бұрын
Most of us trader are searching for that elusive method where they never lose or can win eight or nine trades out of 10.
@kelvinjohnson39062 жыл бұрын
@@noelstout3056 There are no magic words or millionaire insider tricks to succeeding in the stock market
@bnsapumal14343 жыл бұрын
i'm sri lankan .. you Trading Strategy is good ..i think i love this tutorial
@TradingJournal13 жыл бұрын
Thank you
@tobby9996 Жыл бұрын
Strategy works Great on 1, Minute 3, and 5 Minute I Trade Spy and QQQ the more Liquidity the better.😊
@seshustyle3 жыл бұрын
This is the first vidoe of yours which made me to follow your channel. Really liked the way you explain the strategy. Thanks alot.
@TradingJournal13 жыл бұрын
Awesome, thank you! Welcome aboard!
@CryptoSauce3 жыл бұрын
WOOOOW, THX 1000000000 times man. This strategy has a high win rate!
@TradingJournal13 жыл бұрын
Glad it was helpful!
@AhmedSakrr3 жыл бұрын
What is it's win rate and loss rate ? And did you backtested it ?
@vanoxyz Жыл бұрын
Thanks a lot for your sharing. Worked perfectly for M1 & M5 timeframe
@bambya1003 жыл бұрын
simple yet effective , for testing i added ADR. entering only when ADR & green line above 20 is reducing the probability of an entry to go into sideways/consolidation. thanks!
@TradingJournal13 жыл бұрын
You'r welcome. That's smart
@Eriknguyeb3 жыл бұрын
Can you give out some more info about ADR and how not to enter when sideways?
@bambya1002 жыл бұрын
@@Eriknguyeb check this video (kzbin.info/www/bejne/oJe0Xnavrrymidk) for more information on the ADX and DI indicator. Personally i would stick to all the criteria mentioned in this trading journal video and along with it for the entry candle will look if 1) ADX line is above 20 for more safer trades 2) ADX and DI + are above DI- line for a bit of risky trade (even if ADX is below 20) Trading with ADX above 20 is much more safer as the it indicates strong momentum which will be beneficial for trading options with low delta and high theta & high IV (mostly like AMZN,GOOGL, TSLA, SHOP etc) , you wouldnt want weak momentum as theta will eat option prices quickly. For high delta and low theta options 2nd option can still be safer. hope this helps. CHEERs!
@anmaral.dulaimy71702 жыл бұрын
How is it going with you now?
@Arthsinghnita Жыл бұрын
@@bambya100 salute
@BK-dy8jk3 жыл бұрын
I’ve been looking for this explanation for so long. For somebody new it’s a great explanation. Life is never guarantee but it sure puts the odds in your favor. Thank you for your hard work.
@TradingJournal13 жыл бұрын
Glad it was helpful! You're very welcome.
@MrBradbeats3 жыл бұрын
Wowowow this worked so well! Thank you so much for not gatekeeping knowledge!
@TradingJournal13 жыл бұрын
You're so welcome!
@MrBradbeats3 жыл бұрын
@@TradingJournal1 which forex site do you use?
@juancortez47263 жыл бұрын
QUESTION: why would this not work in higher time frames?... I'm more of a swing trader and have relatively little time to check in on the market, and of course I do have to check in on it regardless of whether I day or swing trade... if this exact strategy would not work in higher time frames, how would you tweak it to make it work on the 4H, D, W time frames?... Loved your strategy by the way, and it was explained exceptionally well, thank you!
@TradingJournal13 жыл бұрын
First of all, thank you my friend. I am also a swing trader like you. To be honest, I haven't back-tested it with high timeframes, so it might work I am not sure. However I am sure that it works on low timeframes. You might try to change EMA with the SMA for swing trading, and you should test it of course before trading.
@TheBenchPressBoss3 жыл бұрын
Thanks for the video- Would like to see a back testing video on different strategies- and possibly what markets are best to use it on
@TradingJournal13 жыл бұрын
Of course, I can create a backtest video! Since profits are tight with this strategy, the best way to use it is with leverage. So I would say forex and ETF's are the best market to use it.
@ryblinkaway2 жыл бұрын
if you don't understand it, don't hesitate to ask and just hope someone answer, in which most youtubers never answer a question. LOL. Thanks for the video. Learned one strategy again.
@KandFzooz3 жыл бұрын
I watched this video fewdays before. I started testing this strategy. I will report the win ratio after my 100th test... It seems good. 7/10 till now.
@TradingJournal13 жыл бұрын
Perfect! Yes 10 tests are not enough for conclusions. Btw did you change risk/reward ratio or timeframe, or following the regular strategy?
@claytonwolk67643 жыл бұрын
Please let us know your backrest ratio! Would love to know.
@KandFzooz3 жыл бұрын
@@TradingJournal1 40 tests 27 wins till now. M following the same method (risk/ reward ratio). I am learning more about this strategy. Any way its working better than others😍. And its easy to read the graph. Errors occured only few times
@cryptoattract47583 жыл бұрын
@@KandFzooz Are you doing it at 3rd candle or waiting for a 4th to increase win rate?
@KandFzooz3 жыл бұрын
@@cryptoattract4758 Third candle. And another important thing you have to notice is that the curve of EMA 200. Practice this method. Then you can understand it easily
@verntallman94953 жыл бұрын
I would like to see 100 trades of the daily SPY tested with this strategy. At first glance, it looks good.
@TradingJournal13 жыл бұрын
I try not to upload many testing videos to keep this channel interesting, but I might create it if everyone wants.
@araslumendita28953 жыл бұрын
@@TradingJournal1 yes please, I do wants it.. 100 trades for validation that this strategy is good.
@SR-ve6kb3 жыл бұрын
i back tested it atleast 25 times and majority of my trades have been winners i cant give specific numbers because i occasionally trade but on the 5 min timeframe its a perfect strategy atleast from my experience.
@araslumendita28953 жыл бұрын
@@SR-ve6kb how do you tested it? Are you using EA or manual trade?
@SR-ve6kb3 жыл бұрын
@@araslumendita2895 manual trading and i tried it on 15 min time frame with bitcoin
@tempestcapital30063 жыл бұрын
Thanks for the work you put into this. Perhaps the trades could have the ADX10 as a filter? That would get rid of a lot of those flat areas.
@TradingJournal13 жыл бұрын
Welcome. That's smart actually
@youngre6el382 жыл бұрын
hey how can I get this filter?
@marcedwardmillan62713 жыл бұрын
This is what I'm looking for in a tutorial! Thanks man
@TradingJournal13 жыл бұрын
Glad I could help!
@MoawiaAlmardoud Жыл бұрын
There is a strategy called Heikin Ashi the whale, this one has the same setup, and can be configured with other confirmation indicators
@Waltzlobo3 жыл бұрын
Amazing Stuff. You made my life easier.
@TradingJournal12 жыл бұрын
Glad to hear that
@pierrebeirouthy47953 жыл бұрын
Thank you for sharing. it is a very good strategy. Good for futures too. Good sculp.
@TradingJournal13 жыл бұрын
You're welcome!
@praveensmartjeee3 жыл бұрын
5
@santuzzi2 жыл бұрын
I am new to trading and thus was the very easy to understand.
@TradingJournal12 жыл бұрын
Glad to hear that
@kamyarnt2 жыл бұрын
The close of Heikin Ashi candles on chart is different with the real close of the price, as it is kind of average. So when you open a position at the end of a Heikin Ashi candle, the result would be higher price to enter the position and bigger stop loss. there is 2 issues, you can not estimate your stoploss for risk management properly and also the real position ratio would be lower than 2.
@davinci1773 жыл бұрын
Simplified, precise and perfect..
@TradingJournal13 жыл бұрын
Glad you liked it!
@markstilig73783 жыл бұрын
Thanks for sharing this strategy..I will test with price action.
@TradingJournal13 жыл бұрын
Best of luck! Don't hesitate to share your results with me.
@markstilig73783 жыл бұрын
@@TradingJournal1 After test this strategy , I get 50% results positive ...so , I used crossing EMA plus RSI and the percentage was increased to 75% positive results. Combine few indicators with Price Action and you will get profits at the end of the week. Do not forget to have a risk management strategy. Usually 1:2 worked well to me with this strategy. Thanks and enjoy your trading 👍🏻
@LumbreYT3 жыл бұрын
@@markstilig7378 Hi sounds intresting what EMA's did you use? and what rule for RSI?
@markstilig73783 жыл бұрын
@@LumbreYT I used EMA 10,30,120 with a RSI 30,50,50 10min chart. 10 crossed 30 with confirmation candle ,and RSI above 50 BUY ..opposite for sell order. Price above EMA120 you looking for buy ..below looking for sell.
@baydkuma84633 жыл бұрын
Awsome, This is Pin Point Bro... Great
@TradingJournal13 жыл бұрын
Thanks ✌️
@peter9style2 жыл бұрын
You make a great point, which is that its crucial to stick to the plan and strategy. Probabilities matter and consistency!
@tomr64753 жыл бұрын
This trade is amazing. THANK YOU!!!
@TradingJournal13 жыл бұрын
Our pleasure!
@emmanuelnnamdi9763 жыл бұрын
Thanks alot price action is highly needed We hope to see it ❤️
@TradingJournal13 жыл бұрын
I am planning to create a series about price action
@handmadehearts3 жыл бұрын
Very good explanation. Thank you for sharing.
@TradingJournal13 жыл бұрын
Your welcome!
@faheemch13 жыл бұрын
@@TradingJournal1 sir I have some questions about that strategy if possible kindly send your email address. Thanks take care
@Superluckyful2 жыл бұрын
thank you very much.It is not too late to mend the fold even after some of sheep have been lost.
@jaimeasturiano81693 жыл бұрын
sounds great! I'll test it and share detailed results :)
@TradingJournal13 жыл бұрын
Please do :)
@amankakar3 жыл бұрын
Is there a way to create an alert for this setup in TRADING VIEW? If so, please advise or creat video on how to setup alert
@TradingJournal13 жыл бұрын
To be honest, I have no idea :)
@ikoeffiong77833 жыл бұрын
Thank you so much for the video but I need the cheap cheat Sir. Thank you.
@TradingJournal13 жыл бұрын
Glad you enjoyed it. You can find it at the end of the video!
@planetearth35233 жыл бұрын
Woow. Excellent . TFS 👍 3.30/ 6.30
@TradingJournal13 жыл бұрын
Thank you! Cheers!
@jessedonald77693 жыл бұрын
I added the stochastic RSI to it and got a decent entry
@TradingJournal13 жыл бұрын
Nice touch! What is the win rate?
@jessedonald77693 жыл бұрын
@@TradingJournal1 still back testing
@adamroberts46213 жыл бұрын
Fab, Looks like a nice simple Strat and thanks for taking the time to show us. I'd like to try, which broker are you using to place trades please?
@TradingJournal13 жыл бұрын
You're welcome. I use an european broker just because I live in Europe. It depends on where you live
@navketan19652 жыл бұрын
I find that for intraday forex trend trading most important relevant (Guide)trend direction is ON 15 minute, 1h and 4h charts only-- For intraday trading weekly & monthly trends do not matter much(too far removed from intraday field of activity) & can be ignored. For simplicity sake if 15 minute ,1h & 4h trends are in the same direction, you have a trade set up in the same direction (one could fine tune entry 0n 5 minute charts). In general if daily candle be in the same direction for any trade it is better but not A must.--Sir, what do you have to say?
@ebukaume3 жыл бұрын
Awesome content! Thanks, man! Has anyone been able to backtest this strategy? What's the average win rate??? Thanks in advance
@TradingJournal13 жыл бұрын
Thanks mate! I have back-tested it, win rate was %46 with 2 risk/reward ratio. You can find the video in profile
@beak29322 жыл бұрын
@@TradingJournal1 46% is not that good. Too many losses.
@AntonelloTrading4 ай бұрын
ty for the video i go in backtest.
@user-wh1nr9rr1h3 жыл бұрын
Love it ! How bout' an Heikin-Ashi video !
@TradingJournal13 жыл бұрын
Thank you!
@jadkrishan7852 жыл бұрын
Looks good but it ll be great if a indicate is made for an alert on the conditions mentioned
@TradingJournal12 жыл бұрын
Great point!
@gsssatish3 жыл бұрын
HA Candle pricing representation is different than regular candle (actual pricing). So, how to make entry when we got entry (BUY/SELL) signal using HA Candle? I mean, Entry (HA Candle Close price) is different than actual candle/price close that particular time 5-min candle.
@TradingJournal13 жыл бұрын
Nice question! Yes, Heikin Ashi represents the price differently. You should use limit order and your entry should be based on Heikin Ashi price. And you should be careful if the difference between the real price and your entry is big. Sorry, I forgot to mention it!
@sanjibmuscat2 жыл бұрын
Your explanation is very good.. Thank you
@shadowboy233 жыл бұрын
ABSOLUTELY LOVE THIS! Thanks so much!
@TradingJournal13 жыл бұрын
You are so welcome!
@spepem77893 жыл бұрын
Thank for this strategy looks great. any suggest on what kind of stock would work better (large caps, small cap, high volatility etc)? why the 5 m tf, do you ever tried on a lower or higher timeframe (es 3 m, 10 m)? thanks again
@TradingJournal13 жыл бұрын
Actually it works well with all stocks and forex pairs. I have tested it with 15-min and 1-min as well, it was profitable but not as much as 5-min.
@cagealunday92823 жыл бұрын
My favorite strategy.
@TradingJournal13 жыл бұрын
Glad you enjoy it!
@gtcstorm403 жыл бұрын
So far looks good. If you get up on a trade you can choose to sell at the next PSAR sell signal, instead of waiting? Or we sell at 2R is that comes first, of course.
@TradingJournal13 жыл бұрын
Actually, you can. You can try to move your SL and TP targets after price moves in your favor
@jade99802 жыл бұрын
Hi, i would like to learn more as im begineer and had lost money in forex with no prior knowledge, appreciate your support and knowledge sharing which would help me succeed and recover my losses.
@PauloGoncalves20023 жыл бұрын
3 quick questions: Is this strategy good for BTC? Can I use this strategy with 1m candels? And how much levrege can I use for 5m candles (and 1m cadels if is possible)?
@TradingJournal13 жыл бұрын
The answer of the first two questions is yes. And the leverage you should use depends on your risk management. If your stop loss is below 1% and your maximum risk per trade is 5%, you can use 5x leverage.
@PauloGoncalves20023 жыл бұрын
@@TradingJournal1 ok, thanks
@v.v.suryanarayanavegu8302 жыл бұрын
Stop-loss put above parabolic sar for shorts and stop loss below parabolic sar for long trades right?
@TradingJournal12 жыл бұрын
Yes, that's right!
@xyzxyz3243 жыл бұрын
07:09 at the close point of the second "GREEN candle" sounds mistaken, should be "RED". Thanks for the video
@TradingJournal13 жыл бұрын
Your welcome! Thanks for the adjustment.
@akbarhussain32113 жыл бұрын
Seems to be helpful. I trade in NSE,India. Can it be used to trade in options? Is any other indicator to be used with it?
@TradingJournal13 жыл бұрын
It can be after backtesting
@michaelgrant62583 жыл бұрын
Thank you for your video. It looks simple and I am going to test it. 😊
@TradingJournal13 жыл бұрын
You’re welcome 😊 Have fun!
@majidrahimdel75392 жыл бұрын
Thank you for your hard work, What is the best and most profitable strategy for scalping in your opinion?
@donyaeharmon94212 жыл бұрын
I love this strategy!
@williammunoz53122 жыл бұрын
hi... are you trading with this strategy?
@subhajitpodder56873 жыл бұрын
Thank you Sir for this wonderful strategy....
@TradingJournal13 жыл бұрын
Most welcome
@kellyscherr72609 ай бұрын
Hello. Thank you for this great strategy. I was wondering if you can recommend a few different currency pairs that would be historrically good to trade with this strategy?
@yvonneokonkwo84353 жыл бұрын
On point this video is awesome, love it.
@TradingJournal13 жыл бұрын
Glad you enjoyed it!
@Aleemesh3 жыл бұрын
Plz let me know entry point?
@heyyou53363 жыл бұрын
Where can I find 1-minute Heiken-Ashi candlestick chart? Anybody know of any websites and the cost?
@TradingJournal13 жыл бұрын
tradingview - free
@keirkevinberonio65122 жыл бұрын
Hi do you have link for how to do Short Position / Long Position although i understand Long Position i confused with Short Position .. I like your videos ! Hope you read this
@George72632 Жыл бұрын
Just flip the chart upside down and go long haha 📈📉
@ayadalmallak47383 жыл бұрын
thanks so much I will try it
@TradingJournal13 жыл бұрын
Hope you enjoy
@snarlysausage46043 жыл бұрын
thanks for sharing going to test this on BTC
@TradingJournal13 жыл бұрын
Best of luck! Feel free to share results with me.
@prabhaskushwaha7482 жыл бұрын
what i do stop loss at 0.4 profit at 0.5 for day trade this is best stratigy but for crypto
@tasos27943 жыл бұрын
Thank you for the strategy! Which pair does it work the best on?
@TradingJournal13 жыл бұрын
You are welcome! Works well with all major forex pairs
@arashdanaifar60723 жыл бұрын
What broker do you use?
@TradingJournal13 жыл бұрын
A well-known one 👍
@sarkar6883 Жыл бұрын
Hey sir i want to be learn from you how much cost your great ❤❤
@TheSkeero3 жыл бұрын
Nice strategy ... but can you tell me how you handle the strategy when the market is going sideway (up down up down around the 200 EMA)...thx :)
@TradingJournal13 жыл бұрын
Thank you! Well, actually this strategy performs better with trend. So you may skip entries if the price is going up and down the EMA continuously
@TheSkeero3 жыл бұрын
@@TradingJournal1 ok thank you 😉
@thegospel65183 жыл бұрын
Good teacher!!!
@TradingJournal13 жыл бұрын
Glad you think so!
@charbelgebara40302 жыл бұрын
Please provide us with win rate? It works best on specific pair or on all pairs? I trade mainly gold how does it work on gold?
@nazarcostirco71893 жыл бұрын
hi everyone here. Please explain the short (last) trade in this tutorial. dint get it at all. Thanks in an advance !
@George72632 Жыл бұрын
Nice! Have you backtested it yet?
@philippkrickl-do9xy Жыл бұрын
Really liked the video! I've got a generell question : Would you recommend setting a stop - loss + a take - profit and then just shut off your pc/laptop etc? ( For possible stress release or so ) or would you rather stay focused and sit in front of your scrren because you may realize you were to greedy and need to close earlier, sl is to low, etc...
@Irshadbelim2003 Жыл бұрын
i have a same problem🥲
@howimade14kin4monthsaicoin62 жыл бұрын
🌇 looking good... This is amazing! i just followed you! engaging! 🌇 following you
@TradingJournal12 жыл бұрын
Cheers mate!
@Jascensionvoid2 жыл бұрын
So the main thing is you say not to play calls aka buy when it's under the 200 EMA. Well I'm looking at Facebook right now and there are tons of opporunities showing up using the Sar and 200 ema to buy or buy calls but they are under the 200 ema. So using your stragety would you recommend skipping all buys/calls unless it's above 200 EMA and just ignore them
@saravanansarasu45733 жыл бұрын
Thanks Pal. Great piece of info & to the point. Do you think this will work in index options trading. Subscribed to your channel.. Cheers 👍
@TradingJournal13 жыл бұрын
Well, it is impossible to tell without a backtest, but theoretically it will.
@GiladOphir3 жыл бұрын
Hi, I greatly enjoy your videos, they are very useful to me. It would be great if you could make one on Heiken-Ashi as you suggested, thanks
@TradingJournal13 жыл бұрын
Great suggestion! I am glad to hear it helps someone!
@GiladOphir3 жыл бұрын
@@TradingJournal1 Thanks, looking forward, Ciao
@SURESHKUMAR-bj7zl3 жыл бұрын
Thank You Sir. Supereb stradegy, Thanks for sharing.
@TradingJournal13 жыл бұрын
My pleasure
@seanmoran88443 жыл бұрын
Thank you for video! Does this work for es or nq futures?
@TradingJournal13 жыл бұрын
Your welcome! I cannot answer this before testing it, but it should work on both.
@tomsetberg4746 Жыл бұрын
Would have lost most of the trades. You just can't see that because price is hidden by heiken ashi. But your collapsing account balance still sees it :)
@uspro72733 жыл бұрын
love your video , just wonder isn't 20 ema good enough since it's for day trading and short term play?
@TradingJournal13 жыл бұрын
Thank you! Well I thought the same and tried it both with 20 and 200 period EMA's. And 200 period worked a little bit better. There wasn't a huge difference, but considering that 20 EMA gives many fake signals, having a long losing streak is possible, so I would stay with the 200 EMA. But you should test it for yourself of course!
@emillindstrom46843 жыл бұрын
Hello! Nice vid, does this work on every currency against each other? What broker do you recommend for trading like this?
@emillindstrom46843 жыл бұрын
When do you take the trade live? When the candle is closed or when it's still open?
@TradingJournal13 жыл бұрын
Thank you for your kind words! Yes, this works on every currency. The broker you should use depends on many factors such as: where do you live? what do you expect from a broker? which country the broker is regulated in?
@cryptoattract47583 жыл бұрын
Thank you for your work and this awesome vid. Can you share your best day trading and swing trading strategy for Crypto?
@TradingJournal13 жыл бұрын
Great suggestion! Most of the strategies I share can be used while trading crypto also! But I really believe that you can trade crypto naked, just with price action and support&resistance
@cryptoattract47583 жыл бұрын
@@TradingJournal1 thanks for reply. That's great and would also make for a cool how to illustration. By trading "naked" with support and resistance, do you mean longing and shorting momentum with support and resistance confluence?
@TradingJournal13 жыл бұрын
@@cryptoattract4758 Yes! I usually don't use any indicators while trading cryptocurrencies. I am not saying that you should do the same, it is just what works for me :)
@jhzkhattak3 жыл бұрын
Sir how to back test it manually or automatically plz explain
@TradingJournal13 жыл бұрын
Manually, you can check out my back test video to understand.
@arthurbates26653 жыл бұрын
Good Morning Have you back tested this strategy and if so what is the winning rate. Thank you
@TradingJournal13 жыл бұрын
Yes I have, %46 winning rate with 2 risk/reward ratio. You can check out the video in my channel 👍
@sr33773 жыл бұрын
@@TradingJournal1 I’ll have to look again.... I couldn’t find it... :/
@huichen17773 жыл бұрын
Must the entry price be 2nd / 3rd? What about 4th?
@TradingJournal13 жыл бұрын
I wouldn't take it
@RamAditya47743 жыл бұрын
THANK U DEAR LOVE U :)
@TradingJournal13 жыл бұрын
You're welcome 😊
@GameboyMufti3 жыл бұрын
Combine it with RSI or Stoc RSI.
@TradingJournal13 жыл бұрын
To be honest, I have not tested neither of them for this strategy. But I think RSI could perform better.
@brucew.92882 жыл бұрын
Hi, how to set alert for parabolic car for the star when it changes trend from up to down or vice versa? I would appreciate it if someone could answer, thanks
@AbdulAziz-jg6eo3 жыл бұрын
please let me know that is it applicable to spot trading of crypto? or futures only?
@TradingJournal13 жыл бұрын
It can be after backtesting
@luthergorkova7373 жыл бұрын
TY for the video. Please create backtest for forex
@TradingJournal13 жыл бұрын
Your welcome, of course I will
@ShashiKumarGuptaa3 жыл бұрын
Plz create a backtest video.
@TradingJournal13 жыл бұрын
I will create the backtest video soon.
@ouglandmotivation66083 жыл бұрын
Is this day trading strategy better for day trading then the 3 EMA strategy you also explained in one of your other videos?
@TradingJournal13 жыл бұрын
I believe now :)
@MohanRaj-de5vc3 жыл бұрын
Can this strategy be used in Indian Market Nifty and Bank Nifty Future and option
@TradingJournal13 жыл бұрын
It is impossible to tell without a backtest. Be sure you test it out first.
@williammunoz53122 жыл бұрын
Hi... good video... I have a question... should I to move the stop lost or take profit between the trade?, for instante... move to breakeven or less the stop lost... or will I should leave quiet this points? thanks so much!!
@TradingJournal12 жыл бұрын
Cheers mate! great question, if the trade moves in your favor, it might be better to move them above to breakeven. However, never move the sop-loss to lower if things don't go as planned
@williammunoz53122 жыл бұрын
@@TradingJournal1 Thanks for ans, I have other question, when I must enter to the market, at market or (limit)when in close the before candle? Regards from Colombia!
@jimathanasiadis5433 жыл бұрын
Did you end up doing the video on a 100-trade backtest of this strategy?
@TradingJournal13 жыл бұрын
Yes! You can check it out here: kzbin.info/www/bejne/iaqUaYt7o6h3gbM
@mark49653 жыл бұрын
great strategy!i really like this kind of video that is clearly understand and straight to the point topic..could you give me a cheatsheet as well..i would much appreciate it..thanks
@TradingJournal13 жыл бұрын
Glad to hear your kind words! You may find the cheatsheet at 7:40
@najeebhassan59863 жыл бұрын
Thanks for the video. Does this work for regular stocks or only on forex
@TradingJournal13 жыл бұрын
It works on both, but since the profit margins are low while scalping, it is more profitable with leverage
@pblack.3 жыл бұрын
@@TradingJournal1 im sorry but what do you mean by leverage?
@ForexforecastToday1003 жыл бұрын
Well explained...
@TradingJournal13 жыл бұрын
Thank you!
@arthurbates26653 жыл бұрын
There are times when the Up or down trend continues and Sar dots does not change direction or the when color change appears. What is the recommended trade in that situation, stay in the trade or exit once a candle of opposite color appears
@TradingJournal13 жыл бұрын
Depends on what kind of trader you are. If you want to limit the risk you take, you should exit. Otherwise, you can stay.
@3kheng Жыл бұрын
Pair with simple Consolidation zone strategy aka wait for it to break out of the zone, it will works perfectly.