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Awesome trip to London to meet the guys from our trading group! OUTCOME of the trip = MT4 is dead lol
As i use NT for execution i really wanted to use NT charting as well! Problem was that the NT range bars had gaps! It dawned on me that there are no gap range bars and remembered reading about them on here!
The only other thing standing in the way is the indie that marks the bulls and bears! Thanks to a post on here i have a very kind chap called harry coding it for me! EXCITING TIMES.
Ill post a chart from this morning later on today :-)
"Just A Dollar And A Dream"
Can you help answer these questions from other members on NexusFi?
Yes i have a 5 and 15 min chart open as well on another screen
I traded 5 / 15 for so long that i cant ignore them - the main reason for having them open is to see the 55 ema 200 ema and % levels! Very often a 'limbo' setup will happen on the range chart and the 5/15 helps confirm the reversal / rejection. I dont have any oscillators on the 5 / 15 just pivots / brn / emas / % / h2dt support & res levels and bollinger bands - basically all the stuff i used b4 moving to CRB charts
Also remember its not an M2 chart - since its an offline chart on MT4 its just named M2 - just incase anyone confuses it with a 2 min chart!
After the sell off last night i didn't know what to expect this morning lol! As usual there was a nice clear channel to be traded. Ended up a good morning despite being a bank holiday = WIN
Had a look at NY and it seemed fairly good too with a nice upward channel!
On a diff note i see a possible swing failure pattern on the EU daily chart - i wonder if the technicals will beat the fundamentals - ooooooooh a debate lol
12 hours at the screens today!!! Made a decision - I am going to start trading the S&P!
I have been watching tradeitdontdate it for a few months now - Lakai is an amazing trader - i know there is threads on here debating if he is a real trader or not but from watching the trades live i can see that he is def real never mond 3 years worth of videos on his site! The way in which he trades (apart from the scaling in) is very similar to my style. Look for channels and pattern and trade them accordingly such as triangles / channels / trends - pull backs and counter trend scalps.
The 6e has been getting worse every day and the ADR is now down to roughly 90 pips! The london session today was a mess and i get the feeling that im sleeping in with regards to not making a move to a smoother more predictable instrument. SO i traded it this evening on sim and nailed it to the wall lol roughly a few hours of trading and i blasted out 76 ticks (ish) - the screengrab below shows the trades and the dom with the floating p/l. AGAIN THIS WAS ON SIM. I am going to spend some time on this and start live on it next week - BOOOOOOM
My main chart for s&p will be a range chart but 4 rather than my usual 5 - 4 ticks being 1 point so kinda makes sence! Ill also be using a 1600 and 400 tick chart to identify channels etc and the usual 5 / 15 min charts to see what the usual EMAs etc are doing. Exciting times
Congrats for these results! Do you still trade this strategy? What is your overall experience with it after all these years? Would you mind sharing your latest tweaks?
Thank you