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Here you can see the trades I took today, first was a break from the 5 min, down, stepped in a little late, and got out even later, stepped back in against the resistance made by 5 min break, and got out with a profit.
But the thing you need to watch is the ALL YOU NEED 50 EMA, perfect for taking profit, and the trade taked against the dotted line.
ALL YOU NEED.
The TRO_SM is only for confirmation, I have 6 charts up, so easy to see trend.
Also, I have two Swings set up, one at 3 and the other at 34.
Arrows coming from TSSuperTrend for anyone intrested.
Using HMA, and have a preference for the fib numbers, you can see why my TRO_S is set at 13 - 21 - 34 - 50 (50 because I don't want to do stupid and disregard this very important MA)
Also set at lower panel.
You should test it on at least four charts at the same time (using one screen) , and see how easy it can look if trend is starting to change, I don't trade dirrectly from it, but just using it instead of one or more bogus indicator...
Should be great if we could use this in a room, where all are using the same setup, same trades, going for the same setups each and every day.
But I know this is not as simple like it sounds....
Greetings,
Still very nice to have some friends arround doing the same stuff.
I also going for a few ticks (15 -20) and stop trading.
BTW, those TF trades where all sim, but I managed to do my LIVE trades 100% winners in the YM, now looking to grow into the more rewarding TF.
Getting exited again.