Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

walterw

Walter`s "5 min Laddering" trade

Recommended Posts

Walter,

I wish I knew where you had all this energy to create some of these posts. This is the kind of stuff that makes TL an attractive forum to people - your threads are always worth viewing, I think the Candlestick Corner is a nice little spot and even Dogpile has some good stuff going now!!!

 

With all this good stuff on here, the question won't be is it worth visiting TL, the question is where is your time best spent!

 

;)

 

Thanks Brown for this encouragment ¡¡...

 

I am also greatfull for all your great professional inputs man ¡¡

 

I am following you on this help effort, I know when time pass we and our gang will donate 7 figures... thats what I expect on all this... cheers Walter.

Share this post


Link to post
Share on other sites
Walter, I'm with Brownsfan, every chance I get I recommend new members to your posts. I agree, I don't know where you get the energy, but I sure appreciate it!

 

 

Thanks Reaver ¡¡ I do have an explanation for this energy, but would be to much off topic, maybe some day I can share some thoughts on the rants forum... where ALL topics can be dwelt.. cheers Walter.

Share this post


Link to post
Share on other sites
Here is the image...thanks for the instructions

 

attachment.php?attachmentid=3025&stc=1&d=1190307269

 

 

Excellent Armand ¡¡ you got it ¡¡ thats a perfect "5 min laddering" trade ...

 

can you make 20 buck per week contratct on that ? :thumbs up::thumbs up: cant get any easier.... cheers Walter.

Share this post


Link to post
Share on other sites

Let me start here doing some comentaries about Negative Laddering...

 

Some definitions on this graph :

 

attachment.php?attachmentid=3029&stc=1&d=1190314002

 

So you can see we have trendwise and countertrend ladderings... so far we presented the trendwise ladderings...

 

Now, the countertrend ladderings are more interesting after a big move (exhaustion)... it doesnt mean it has to work... but it can give you more confidence...

 

Let me show an example here...

 

attachment.php?attachmentid=3030&stc=1&d=1190314425

 

in this case we had a nice decent move to the upside... market gets exhausted on a pause HE and then he starts a Negative Laddering... inside that laddering we have a nice Icon to trade...

 

Here we see the timing of the trade :

 

attachment.php?attachmentid=3032&stc=1&d=1190314774

 

Thats how a Negative laddering can be traded... its offcourse more agresive than the trendwise ones.... cheers Walter.

5aa70e0684c9d_ladderingtype.thumb.png.c8b0e6f1a624bfa3e2453af4148815b7.png

5aa70e0689ac3_neglad.thumb.png.213adcbe3b9780e418628ab77b7469d3.png

5aa70e069accd_neglad2.thumb.png.d1f0dee55c3eb4d0c43bbf6308e63c0c.png

Share this post


Link to post
Share on other sites

Negative laddering...I like it. This should double the number of opportunities for entry :)

Now I'm still not sure I understand the "20 bucks per week/contract"

What are your thoughts on that...? Thanks...Armand

Share this post


Link to post
Share on other sites
Negative laddering...I like it. This should double the number of opportunities for entry :)

Now I'm still not sure I understand the "20 bucks per week/contract"

What are your thoughts on that...? Thanks...Armand

 

 

Thats my weekly target... I talk about that on the first post of this thread http://www.traderslaboratory.com/forums/f24/walter-s-forex-trend-trades-2364.html cheers Walter.

Share this post


Link to post
Share on other sites

Here is a sweet negative laddering trade just followed...

 

attachment.php?attachmentid=3036&stc=1&d=1190330212

 

the interesting thing was that timing actually hapened as black was about to also cross above the magenta line (5 min) for an uptrend basic definition... cheers Walter.

5aa70e06b9766_negativeladdering.thumb.png.9473e57e667e1041d080f234dfe392dc.png

Share this post


Link to post
Share on other sites
Thanks Walter. I like this 5 min laddering method. Just to clarify...you are using the fantailvma1 on the 5 min and the fantailvma3 on the 1 min? I am still trying to determine the best times to watch the AUDUSD market. I know the US market time is good 9:30am EST - 4:30pm...Are there other good times for this? Thanks...Armand

 

Yes Armand... thats my indicators settings at this point...

 

About times of day, London open until US close is the most liquid time, anyway this method works just about any time of the day... would not recomend taking trades late friday... cheers Walter.

 

 

About interesting times to trade the AUD/USD, the opening of Australian sesssion offers interesting moves as well.... having a directional bias with vma makes it a nice possible clean trade... we will see how the future vma4 could have some roll on this type of trading.... cheers Walter.

 

attachment.php?attachmentid=3038&stc=1&d=1190336060

5aa70e06c911b_ausession.thumb.png.bfe975dd0e88487617c256f1f35ff523.png

Share this post


Link to post
Share on other sites

I'm wondering about the possibility of programming alerts in MT4. It seems like it would come in handy whenever the black line (5 min) or the yellow line (1 min) pops up out of the rainbow. Does this seem possible? Armand

Share this post


Link to post
Share on other sites
I'm wondering about the possibility of programming alerts in MT4. It seems like it would come in handy whenever the black line (5 min) or the yellow line (1 min) pops up out of the rainbow. Does this seem possible? Armand

Should be possible, more a question of how, a practical way.

Good idea Armand.

Share this post


Link to post
Share on other sites

So... if I told you I am fulling arround with some inputs on the vma that could give some even "cleaner" laddering effects.... what would you tell me ?...

 

could this actually have any real good impact on laddering trades ?...

 

let me share this chart

 

attachment.php?attachmentid=3124&stc=1&d=1190838577

 

thats a 5 min chart with fantailvma1 template... plus

 

you can notice a cyan and white lines... the white one is a vma1 inputs 1-16-32-0-1 and the cyan is a sma 5 of vma1... mmm it calls my atention the realation between this two lines and how clean direction they give... it is the preamble of my scalping research with vma`s.... cheers Walter.

5aa70e09999d0_newstuff.thumb.png.ba4e15b87445c2e3b801e37b2e89c5b2.png

Share this post


Link to post
Share on other sites
Thanks for interesting thread. I looked on your other threads for a metatrader template or indicator and can't find it. Is there a link somewhere please?

 

BoneChair

 

Walter's away for a while, so I'll answer it on his behalf, it was probably posted on the " Playing with the VMAR`s open research" thread, but I'm not 100%.

 

But to save you the time, here's the template for you to download.

 

Cheers

 

Blu-Ray

5 min waco scalpers.tpl

Share this post


Link to post
Share on other sites

hi

 

First of all Thanks Walter for such a detailed explanation. I have seen many indicators but not this well explained.. that's really heard work and thanks I am slowly getting used to this magical tool

 

I had a Question to you guys..

 

does this work the same with 5 decimal broker, because i see some difference with 5 decimal broker.

 

If some one has come across this same.. please let me know what was the solution.

 

and also is there a updated version of the same (FantailVMA)

 

One of the best i have ever seen.

 

Thanks Walter once again.

 

Guys please help

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 29th March 2024. GBPUSD Analysis: The Pound Trades Higher But For How Long? The global Stocks Markets are closed due to Easter Friday (Good Friday). The NASDAQ continued to follow the sideways trend while other indices again rose. The SNP500 reaches an all-time high, but the NASDAQ remains under pressure from Tesla, Meta and Apple. The Euro continues to trade lower against all major currencies including the US Dollar, Euro and Japanese Yen. The British Pound is the best performing currency during this morning’s Asian session. However, investors are largely fixing their attention on this afternoon’s Core PCE Price Index. GBPUSD – The Pound Trades Higher but For How Long? The GBPUSD is slightly higher than the day’s open and is primary due to the Pound’s strong performance. At the moment, the British Pound is increasing in value against all major currencies. However, the US Dollar Index is also trading 0.10% higher and for this reason there is a slight conflict here. If investors wish to avoid this conflict, the EURUSD is a better option. This is because, the Euro depreciating against the whole currency market avoiding the “tug-of-war” scenario. The GBPUSD is trading slightly lower than the 2-month’s average price and is trading at 49.10 on the RSI. For this reason, the price of the exchange is at a “neutral” level and is signalling neither a buy nor a sell. The day’s price action and future signals are possibly likely to be triggered by this afternoon’s Core PCE Price Index. Analysts expect the Core PCE Price Index to read 0.3% which is slightly lower than the previous month but will result in the annual figure remaining at 2.85%. The PCE rate is different to the inflation rate and the Fed aims for a rate between 1.5% to 2.00%. Therefore, even if the annual rate remains at 2.85%, as analysts expect, it would be too high for the Fed. If the rate increases, even if only slightly, the US Dollar can again renew bullish momentum and the stock market can come under pressure. This includes the SNP500. Investors are focused on the publication of data on the UK’s gross domestic product (GDP) for the last quarter of 2023: the quarterly figures decreased by 0.3%, and 0.2% over the past 12-months. This confirms the state of a shallow recession and the need for stimulation. The data, combined with a cooling labor market and a steady decline in inflation, increase the likelihood that the Bank of England will soon begin interest rate cuts. In the latest meeting the Bank of England representatives did not see any members vote for a hike. USA500 – The SNP500 Rises to New Highs, But Cannot Hold Onto Gains! The price of the SNP500 rises to an all-time high, before correcting 0.33% and ending the day slightly lower than the open price. Nonetheless, the index performs better than the NASDAQ which came under pressure from Tesla, Meta and Apple which hold a higher weight compared to the SNP500. For the SNP500, these 3 stocks hold a weight of 9.25%, whereas the 3 stocks make up 14.63% of the NASDAQ. The SNP500 is also supported by ExxonMobil’s gains due to higher energy prices. The market will remain closed on Friday due to Easter. However, the market will reopen on Monday for the US and investors can expect high volatility. Investors will also need to take into consideration how the PCE Price Index and the changed value of the US Dollar is likely to affect the stock market next week. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Michalis Efthymiou Market Analyst HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • MT4 is good and will be good until their parent company keep updating the software, later mt4 users will have to switch to mt5.
    • $SOUN SoundHound AI stock at 5.91 support area , see https://stockconsultant.com/?SOUN
    • $ELEV Elevation Oncology stock bull flag breakout watch , see https://stockconsultant.com/?ELEV
    • $AVDX AvidXchange stock narrow range breakout watch above 13.32 , see https://stockconsultant.com/?AVDX
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.