How's it going? What markets are you/will you be trading?
It is an axiomatic fact that while you meditate you are speaking with your own spirit. In that state of mind you put certain questions to your spirit and the spirit answers: the light breaks forth and the reality is revealed.
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
within 2 days i broke the rulez, so i lost my first combine account.
So i stepped back and started develop my day trading method.
First time i tried trade Dow, with naked charts, but i could not use it successfully in day trading, just in swing trades. So i started find an indicator combo, what i can use well intraday.
And i switched to Crude Oil, because i trade from Europe, Hungary, and the oil moving nice in the european session.
In May i put together my indicators, an since July practice the timing, and the right setups.
My charts and indicators:
1. 4 hours naked chart for finding main S/R levels and trends
2. 15 minutes chart with Supply-Demand zones, volumes and 80 EMA (hourly 20 EMA) for find the trend
3. 377 ticks chart, i use only this chart William R% +21 EMA indicators for timing
4. 150 volume chart with
50 EMA and BB 0,25;20 for view micro trends and
William R% +21 EMA in some panel for better timing
I try to write my plan and strategy. I new in trading, made often mistakes, so feel free to comment my novice steps;
Morning (European session, 7.00-9.00 CEST ) first i show the 240 minutes oil chart to find major support and resistances, trend lines. I try to keep it simple, i operate with just basic drawing tools. I write my overall ideas.
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Last edited by ivanhoewithbow; August 15th, 2016 at 03:16 AM.