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Scalping DayTrader-20 Yrs Exp 5-100ish pips/trade Profile picture
@BestForexMethod
Apr 13 • 4 tweets • 3 min read Twitter logo Read on Twitter
Today I drew levels on all the OHLCs of recent h4 candles

This is a strategy I use a lot

Then set alerts, short and long

Dropped down a few TFs and waited for perfect tma/3cr/rsi patterns to form & enter the trade

Learn from your OWN plans Image
Study charts, make plans, set alerts, then RELAX

Wait for the alerts to trigger, check everything look perfect

TAKE THE TRADES #3CR #3CRSQUAD

Traders trade, scammers sell
Gold is still going

The #3cr #tmaslope and #rsihisto are TRUE mtf, multi time frame indicators, note m30 is a perfect signal for long

I can NOT sell against that, ONLY long

H1 looks good too

You MUST wait for the candle closes

EVERY trade on EVERY tf looks the same #3crsquad Image
57 pips, it was a plan Image

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More from @BestForexMethod

Scalping DayTrader-20 Yrs Exp 5-100ish pips/trade Profile picture
Apr 14
#recentcandles is a great way to find the best H4 candles to build a breakout trade plan on

10 seconds work and I can see a number of opportunities

gold, swissy, gbpchf, and eurusd inside bars for instance

1:37 am UK time, I should be sleeping Image
Interesting D1s too Image
Here's gold h4 , m5 and m1 using #DeansLines script on 4 h4 candles

About 4 clicks and done, now I have a plan ImageImageImage
Read 8 tweets
Scalping DayTrader-20 Yrs Exp 5-100ish pips/trade Profile picture
Apr 11
Think about this

At 14:30, US30 open UK time, based on m15 LONGS were the only option

LOOK AT THE M15 TMA SLOPE AND RSIHISTO green bars

Used m5 and m1 tma / rsihisto to time my long scalps Image
M30, H1 bearish divergence coming in?

MTF analysis tells me what to do

I never assume, I follow charts and scalp what I see Image
h1 Image
Read 9 tweets
Scalping DayTrader-20 Yrs Exp 5-100ish pips/trade Profile picture
Feb 19
Since Covid lockdown I've devised dozens of ways to find profitable trades almost every hour of the day

They ALL have one thing in common, they are ALL entered using the MTF #3cr #2breversal #123reversal #RsiHisto #tmaslope #divergence etc

I shared it all here for FREE #useit
MTF means, multi time frame, another description is "pattern within patterns"

Like if we get a m15 3cr / 2breversal / RsiHisto trigger UP, drop to m5 and wait for the EXACT same triggers & patterns

It is that simple, #fractal chart patterns USE SEARCH HERE
They must NOT reverse against themselves though, that is the m15 3cr up must not go past the m5 3cr down into a new bearish m15 3cr

That's why I devised the 3cr, easier to see a black and white definition of a reversal than 2bs etc, no ambiguity, it's either valid or failed
Read 4 tweets
Scalping DayTrader-20 Yrs Exp 5-100ish pips/trade Profile picture
Feb 17
I currently get little time to trade manually during the day, spending all my time refining setfiles from this catchall one I did earlier

Some of the initial forward tests are stunning, 5 days

Really tiring work but exciting, plenty of walks required as always Image
Something else occurred to me whilst driving this morning

Backtests don't give a picture of days of week performance issues, it may well be that we get a pattern comes out in fwd testing that will improve profitability

Bad Tues & Friday for eg, even better moving forward
All sorts of possible filters that may help I guess

Inside days, big candle days, things I have not though of before

#Neverstoplearning
Read 5 tweets
Scalping DayTrader-20 Yrs Exp 5-100ish pips/trade Profile picture
Feb 17
today I woke, checked gold, saw it was falling but pulling up a bit , I knew when the rsi and tma turned red again I would sell

Set alerts and waited

All done, have a lovely Friday All. Back later ImageImage
It is another way I use the rsi and tma like a traffic light system, turn red to sell green to buy

Keep it simple
Btw in my last video I mentioned that golds' Asian range this year is much higher than previous years, 1200 or so, not 900s

Also a helpful factor
Read 8 tweets
Scalping DayTrader-20 Yrs Exp 5-100ish pips/trade Profile picture
Apr 18, 2021
#eth $eth the 3cr & RsiHisto at work again, 90% closed stop to BE
M15 looks great, the higher tf always leads the way

Missed the earlier entry I wanted to see price settle down a bit
Timing pullbacks when considering re-entering
Read 6 tweets

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