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If someone starts flaming you PM me with a screenshot of the incident and I will ban them if its legit. Do not flame them back, it makes our work as admins harder figuring out who started it. So if you flame them back, you may get banned too.
@  Shahram : (22 November 2017 - 07:52 PM) binary option
@  MTH2014 : (22 November 2017 - 05:33 PM) lol you don't believe me right ? I really see selena gomez in red orange like a crab : https://i.gyazo.com/...22e035ac7ca.jpg
@  Tripack : (22 November 2017 - 05:17 PM) Rofl
@  MTH2014 : (22 November 2017 - 05:16 PM) I see selena gomez..
@  Tripack : (22 November 2017 - 05:16 PM) now ppl see crabs and stuff
@  Tripack : (22 November 2017 - 05:15 PM) Then you have forms within forms etc, too much of a headache, when I was a kid I looked at clouds in the sky and I saw a cat while my buddy saw a dog :P
@  Tripack : (22 November 2017 - 05:11 PM) if a form is not confirmed and fails it will start forming another one etc
@  Tripack : (22 November 2017 - 05:10 PM) @zee harmonics do repaint by nature
@  Tripack : (22 November 2017 - 05:04 PM) I guess it happens everywhere
@  MTH2014 : (22 November 2017 - 05:03 PM) it happen in my country too... lol
@  Tripack : (22 November 2017 - 05:02 PM) Nope, lol.
@  MTH2014 : (22 November 2017 - 05:02 PM) @Tripack that my country ...lol
@  Tripack : (22 November 2017 - 05:01 PM) Someone once told me in a completely different context than trading that in his country, if someone starts to make shoes and his business works well, the the whole village will make shoes too, instead of be creative and make something else
@  MTH2014 : (22 November 2017 - 05:01 PM) maybe because of Thanksgiving.. ??
@  Tripack : (22 November 2017 - 04:58 PM) Good question
@  MTH2014 : (22 November 2017 - 04:57 PM) why people looking for Legends and not looking for profit ?
@  Tripack : (22 November 2017 - 04:55 PM) Heh
@  MTH2014 : (22 November 2017 - 04:53 PM) as far as I know his leg ends here... lol :P
@  MTH2014 : (22 November 2017 - 04:53 PM) @Tripack :D :wub:
@  Tripack : (22 November 2017 - 04:52 PM) Lol uncle

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Supportive Hammer

PA Trend/Momentum trading

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4 replies to this topic

#1 Makyaa

Makyaa

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Posted 29 September 2017 - 08:35 AM

Hi y`all,

i wanna share a concept which i have been studying for quite a time now. The concept is the following.

If there is Momentum  in the market, which i define as a big bullish or bearish candle below the 4 and 6 emas and those are in trend Setup, i wait for a Hammer in Trend direction and then enter for 2 candles expiry. 

Following rules I follow as well:

1) Wick of hammer is not allowed to be bigger than 75 percent of the previous candles size.

2) The Momentum candle must be within reason. It isnt allowed to be extraordinaly large comparing to the last candles.(last 50 candles

3) In a trend Setup i only trade 1 Hammer, Then i wait for the next Setup

4) Hammer has to occur as 2nd or 3rd candle of the Trend

I am using the M5 timeframe but this strategy is, as every good one, usable in every TF

Logic is. Momentum --> Correction in smaller TF --> no new lows/highs established --> still Momentum in the market

I didnt backtest it properly but maybe we could join Forces. If you want to backtest with me contact me on my email: [email protected]

Greetings

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#2 Makyaa

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Posted 29 September 2017 - 08:39 AM

Lol, the second picture is Jeff Wall`s Art. Sry

And i have been trading this for half a year in real



#3 Makyaa

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Posted 19 October 2017 - 09:53 AM

How can I edit posts?



#4 zeeshan ali

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Posted 19 October 2017 - 10:15 AM

Makyaa

ahahah :)

hi bro never people respnd you :=

 

u use still this strategy?



#5 Makyaa

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Posted 12 November 2017 - 04:29 PM

Hi, 

yeah, i think its quite a good entry technique if there is Momentum in the markets, but nobody wants to discuss with me ):

Currently in Backtesting. Looking quite well (;

But lets see in 1-2 weeks when i hv the 1k backtesttrades 

I guess my winning percentage will be around 75 perc.


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