Good Evening Varun Sir & Extremist Sir
after understanding 2MACD METHOD & applying Extremistji's afl on charts..I have observed some points..as you friends know, I have only one way to check some method..I have been watching hundred of charts spending whole last night..
I have observing crude oil chart with Extremist's ji signal..I observe only intraday trades..
I have observed certain points so we can avoid some of the losing moves..this is observation of a student of market..Varunji & extremistji & other senior members can tell better..
1)If we start with initial position with just 1 lot only..so if we get opposite signal after some time during whipsws..so will you be loss only in 1 lot.but when you get trend , you will get so many points in so many lots..so after a day,you will get some days of small losses but more days of extrordinary profits
2) In crude, we can use 3 or 5 mins charts ,then also we get enough profits
3) when main signal (triangle) comes, enter only break of high/low of that candel (on which signal comes)
on add also , enter adds also on break of candle(on candel which arrow appears)
4)if you are long & ,if main RED MACD LINE is going down, for time being stop adding..resume adding when red line again going up ...vice versa for shorts ..
Varun Sir & Extremist ji can tell better
Thanks
after understanding 2MACD METHOD & applying Extremistji's afl on charts..I have observed some points..as you friends know, I have only one way to check some method..I have been watching hundred of charts spending whole last night..
I have observing crude oil chart with Extremist's ji signal..I observe only intraday trades..
I have observed certain points so we can avoid some of the losing moves..this is observation of a student of market..Varunji & extremistji & other senior members can tell better..
1)If we start with initial position with just 1 lot only..so if we get opposite signal after some time during whipsws..so will you be loss only in 1 lot.but when you get trend , you will get so many points in so many lots..so after a day,you will get some days of small losses but more days of extrordinary profits
2) In crude, we can use 3 or 5 mins charts ,then also we get enough profits
3) when main signal (triangle) comes, enter only break of high/low of that candel (on which signal comes)
on add also , enter adds also on break of candle(on candel which arrow appears)
4)if you are long & ,if main RED MACD LINE is going down, for time being stop adding..resume adding when red line again going up ...vice versa for shorts ..
Varun Sir & Extremist ji can tell better
Thanks
But for the start i just kept it damn simple and basic.
Still it is giving astonishing results on it's day.
on sideways day we might end up loosing but the amount we get in trending day will adjust itself.
Still long way to go....
Still in testing phase...