stevewalker posted: also I must confess that daily charts has absolutly low noise regarding to the H1 chart. still tick is the best if cost could be lower but daily charts are really easy to code.
check weekly ones 😉 one hour charts are obvious noise. even 4H is a noise. I also day trade now. not very actively. I think I am pretty good at day trading given time which I have now. i am more concentrated on trend following now but will not stop day trading as it keeps me sharp. but I do not think day trading can ever be coded. just too much changes. On higher time frames everything is more stable and do not change over decades. trends are always there.
So my dear friends ,...would like to add some charts here :) as i would like to add here some kind of my stuff.
At first i would like to say that many of you will tell or at least will think that i am a gambler :) (traditional terminology) :D when you will see my portfolio. But my point is just to make money from mostly nothing. My point of view : trading with 3 instruments :
Concentrating on levels 1610 - 1550 and trading between them . Now im holding 3 positions for short.
Took today some plenty of longs and earn some money but still holding some longs higher with simple tp of about 1.22450 somewhere here
Holding again longs 8 positions for longs in diferent levels. Would like to see something around 122.500 which is nearly 60% of fibo retracemnet.
So adding some nice picture stuf of my positions and and TPs.
GBP/JPY - nicely seen some basement but of course i can be also nicely kicked into my ,.... something.... Stochastic down with usage of Fibonacci retracement lets say that this beast can go on two levels of TPs:
So got opened some stuff and waiting for my money.
Gold - already closed one of my position and took + 20 dolars profit ,...will wait little bit more. From the picture i think it is very clear ( added another sell position ) but not seen on the picture. The targets are:
1. 1585 - given according to fibo levels 2. 1577 - as a mid of the trend lines there
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