I started applying your idea of going with the trend. I stupidely learned Martingale as my first trading approach, and trying to improve on this almost burned my accounts. Instead, for the past 3 weeks I have been doing what you say, and i dont think I have had any losses the entire time.
I am newbie , my brother sent me your playlist to study first and try on demo account , i hope i can learn as much as i can from you and hope i'll doing right one day , Thank you :)
Great presentation and content very well explained and illustrated with the slides. I have always believed in the value of MTF. I was particularly interested in your trend determination approach based on market efficiency and inefficiency. Thank you for sharing.
Hi, I love your content because it is always professional. At 3.40 there is a spelling mistake on the slide, just in case you want to correct it, it says DIRECTIONASL BIAS. Can't wait for the rest of the videos. Thank You!
Can you answer this for me? If I see what is known as either a "doji" or "spinning top" candles on a HTF, are these what you would consider areas of contraction on LTF? Is that one of the best ways to spot them?
When looking for the master pattern, do you have the after hours and pre-market data included on your intraday charts or do you only use the data during the market open to find the tight consolidation areas?
According to the methodology i believe the system is a great trend following system. But the drawdown of trend following is low risk to reward trades and the system fails at trend change. How do you overcome it.
When you say directional bias, do you mean to always be a bull or bear? Or do you mean to use the higher timeframe as your directional bias and just trade the direction that timeframe is going?
trading in the direction of the HTF(Higher Time Frame) eg. HTF= Daily & ETF= M15. You can look at the candle color of the daily and trade in that direction in the M15.
Lol your busting ema’s while your trend indicator doesn’t even make straight trendline on a perfect algo channel. I use 20ema all day on 5min candle and if likes up with say a 1min 20ema I now have 2 sets of traders taking same trade. May not hold but it’ll get itm quickly where I pay myself and pay for stop losses of turns around. Never loose is my only way to not give it all back and risk reward has been as critical to learn as anything else. Taking profit and scaling out has also been great whereas adding to position rescues my break even so increases risk only. Never works so not allowed to do those anymore. Lol. Trendline entries are still my best trades tho. Ride that thing up and down like an algo taking whatever the atr is giving out. Can’t take what markets don’t give so take what I can and leave rest on for free break even stop. If I’m right they play out most the time.
