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Great video. Thanks.
Regarding the black background. Did you experiment and choose black? Is it easier on the eyes?
Where do you get that yellow circle around the cursor?
You watch the DAX so I assume it correlates with CL?
Dont know why black, just what i have always used. Suppose this is the clearest way i see things
Yellow circle comes with the recording software i use lol, i cant see it when recording
Its not the DAX its the DX dollar index. i have done a lot of speculations and the dollar in negatively correlated to most of the US markets. If you interested I’ll show you some of my findings
Its most correlated with Euro and other currencies but we get reactions on the crude regards direction and off levels such as testing and breaking the HOD and LOD
i really dont know may be i should just try set and forget but i will end up making 2-3 hr long vids as i trade from 8 EST-11 EST
I think because sub consciously i know im recording a vid for people to watch, i feel under more pressure not to make mistakes leading to me making them lol. May be in the future when i am a master i will feel confident for a live trade room or live vids :-D
When i go from SIM to LIVE i really have trouble not letting my emotions not affect me, in SIM im fine because i know there will be no consequences for my actions. Were on my live account i know there is consequences from my actions
I found this one of the hardest thing, going from SIM to LIVE
You chose to place the Fib at 98.86 because that's where the push up started. That's a new concept for me. Do you see this working with other instruments or just CL?
This is how the videos help me. I show the world my stupidity even on SIM and I don't like it!
I just leave the videos running and then I can clip them later. Either way, I think it is also good to review your daily trading which I do less and less of.
Well i have seen henry, Horst and other use FIB`s to measaure the move from the pull back that started it. It depends tho, i always seem to make it fit so it makes sense at the time. You can normally tell if its placed correct of not with the way the markets act around the levels on the way back up or down. I would imagen this will work in every market like the method does
As of the T&S no i dont pay extra, i have a CQG data feed with AMP futures and obviously you get the T&S window in ninja
P.S if you are thinking about watching T&S it took me 2-3 years to actually makes sense of it because it moves so fast, it hard to train you brain what to actually look for. If your intrested tho i can give you a few pointers
Ha Ha the toruble is the software i am using at the moment will not let me edit, they want lots of money for a licence upgrade. May be i will invest shortly, we will see
I think your doing good, just learn for your mistakes. Least your not trading live and losing lost of money like i was in desperation!
Just learn to wait for your perfect trade set ups and exacute them with precision. A few weeks ago i was laughing at henry for useing such a tight stop (5 ticks) but i see why now.
The method is to trade on the edge, so you either get filled 5 ticks from the highs/lows of the edge and it reverses. Or you get stopped out and look for a re-entry. The further away from the reversal the more risk you have in the trade. Idealy your stop need to go 1-2 tick above or below the high if the reversal bar
Working well at the moment. I just need to dicipline my self to hold my position and take profit at the correct extension rather thank getting a quick target filled to take the emotions out the trade because it becomes risk free. But this is not efficent