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You may not have seen this on my profile.
Favorite Instrument: ES, 6E, 6A, & TF Futures
I am liking the 6A more and more and the TF is moving up fast, also.
I also like the grains: soybeans, wheat, & corn.
Between the above, there are plenty of setups most of the day.
After seeing more of my posts, you will get the picture.
Good trading.
WK
Can you help answer these questions from other members on NexusFi?
The short entry on the 6B-British Pound in each of 5 charts is within 2 ticks all at the upper BB. I can't improve on what works for me. Hope you are beginning to see the power of this system.
Don't gamble your money away. Find what works for you and make it your system.
Good Trading.
WK
The 6B trade worked to perfection. Short at 161.44 and close at 160.37. The different closes ranged from 160.38 to 160.35, which was the low of the move.
The vertical red lines help you identify price at BBs.
Hope this helps those who follow this thread.
Good trading.
thankyou for examples. i am still reading but think i have to fill gaps in background knowledge just to understand initial post1 charts!
p.s you can get an idea of what i have studied from my charts in harmonic trading thread begun by george.
fell free to advise.
I strongly agree that multiple time-frames aka context are very important for successful trading. Myself I every day consider context starting from monthly chart (just to remind myself every morning what's it like) and down through weekly (intermediate trend), daily (short-term trend) and into intraday stuff (I day-trade the Euro).
The only difference is I trade almost entirely price action (well, OK, have volume and 20EMA on the charts too ).
Although this is not currency futures, it does explain most of my trading system. I hope this answers any questions you may have had and good trading. Whatever futures' contract you trade, this system will work, although you may need to use a different tick or range chart.
WK
As you can see, this continues to work very well.
The charts shown have the trades marked and you will see that, within a very few ticks of each other, each trade has a great setup on more than one chart.
The charts shown are 30 min, 12 min, 6 min, & 6 Tick (r) [or range] charts.
Hope this will help your trading and, as always, good trading.
WK