Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum. You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil
If you want to learn more about the basic rules to trade with my indicators here's the educational video link :
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risk showing up in 5m. Need to secure the trades. Placing a stoploss below the current low has to be done. IF the market reintegrates the channel, that could lead to invalidation.
@PRO_Indicators I love your videos! Keep up the great work. I added my email to your wait list. Looking forward to using your service if I can gain access.
renanbarros
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Thanks for the video, please keep posting new ones! Can you explain us about the percentages of capital you use for each trade? What % do you buy in each short? And how do you sell it to take profit? Do you buy and sell it at once? PLEASE explain about the %. Thanks a lot!
KenBkk
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@renanbarros, The lower the % of the account you trade the lower the risk that you will crash. Higher % is less smart and more about greed.
Generally 5-10% is a normal amount. 1% even for low risk.
The idea behind this is that if you have, say, 5 consecutive losing trades then you still have money in your account to continue.
Moon-Unit-Dave
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Thanks for the update, and for the advice not to trade the range. I've only ever followed clear trends, and with such a volatile market at the moment I'd rather be able to sleep at night than go crazy with speculative worry. Saying that, I can't help be fascinated by guys like you and how you determine your short-term trades. Am keen to learn ;)
ferix
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@PRO_Indicators Thank you for your analysis. I remember in one of your videos you said that you use EWs to predict price moves. Would you please share with us your wave counts? Personally, I have become very interested in EWs.
PRO_Indicators
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@ferix, Don't use elliott inside ranges, way to many possible configurations. Even the smartest trader would be stupid to try anticipating elliott in a range.. odds to pick the good scenario are way too low to consider it "usable"
ferix
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@PRO_Indicators, Thanks so much for your advice, very helpful.
m4riovolp3
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ttrold
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would love to hear your oppinion on the most recent developments?