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- mijnmail replied Jan 23, 2013
Hi Guys, Took this trade. Was not optimal due to london open and BRN very close but it matched all the other criteria so i gave it a go on demo!
- mijnmail replied Jan 20, 2013
This really is a good excersise! I went throught the first three months of 2012 and it helps you get a feel for the right bars. The questions I asked myself: -Close in bottom/top quarter -Range of bar -Pullback -Support (BRN / S&R) -Room for TP (BRN ...
- mijnmail replied Jan 19, 2013
Very good post California! The excersise you suggest looks like a very usefull one, will try it tonight or tomorrow.
- mijnmail replied Jan 19, 2013
Thanks for the tips on my last post! This weekend I have studied the thread a little bit more and came up with the following paramters to select A+ trades on 4h charts: - Price is relative close to the MA - Price has retraced from a previous ...
- mijnmail replied Jan 17, 2013
Hi Guys, Some very nice results again today, way to go!! This morning spotted a nice cad/jpy RR2 trade on the 4h. Tonight is spotted this potential setup, i like how it is in confluence with the trend and it broke the big round number. Let see how ...
- mijnmail replied Jan 16, 2013
Hi Patgay, I think with the information from the quote of Olarion above the 4h is the way to go. What in my opinion also helps is the longer term trend (up) and the fact that the 4h bar coverd the two previous bars. Unfortunately it doesn't look ...
- mijnmail replied Jan 16, 2013
Some good trades today I see, nicely done!! I'm looking forward to producing these results one day. Just pulled up the 4h charts and I saw a possible nice entry setup. I love how it fits in the long term trend and it still has some room to breath. ...
- mijnmail replied Jan 15, 2013
Hi Guys, Thank you so much for the great advice!! This kind of feedback makes this thread the best. I put them to use immediately. What do you think of the following 4h setup on NZD/USD?
- mijnmail replied Jan 15, 2013
Yes I think that is true, last trade went a long way but did not reach take profit and closed for B/E. Nothing lost luckly! Let's see if this hour brings us any signals.
- mijnmail replied Jan 15, 2013
Just jumped on the USD/JPY. Was a little bit to quick, but i really liked the setup and the momentum. Mind you that is the same momentum that immediately turned around and bit me.. (still in demo btw!) Here is the chart:
- mijnmail replied Jan 15, 2013
Same here, just closed for B/E. In my opninion momentum was lost.. now lets see what happens!
- mijnmail replied Jan 15, 2013
Thanks! I now see it. Looks like a nice setup if it makes another close above 33405, then buy a nice buy opportunity when it retraces to 33405
- mijnmail replied Jan 15, 2013
Fresh in, a possible set up according to the thread rules on the NZD/USD. Nice big engulf, wick is a little on the long side but still nice i think. Only major problem is the S/R line @8360. If the trades come in to play i therefore will not take ...
- mijnmail replied Jan 15, 2013
Hmm still too much new in this stuff to see how this one worked. Can one of you guys explain why you took this? Thanks!
- mijnmail replied Jan 15, 2013
Thanks Olu & Snail! Got a day off so I can learn today, and this is a nice way to start! This hour deliverd another setup acording to the rules but I did not take it. I think the long wick and previous high (s/r) left on the chart do not make this a ...
- mijnmail replied Jan 15, 2013
Hi All, Have been reading this thread alot and monitoring the 1hours today. Think i have my first valid wining trade on the system! GBP/JPY - sell at 142.430 Currently + 66 pips, risk was 46 pips :-) Thanks for this great and easy method!! Will be ...
- mijnmail replied Jan 15, 2013
Hmm unfortunately it went south quickly.. I zoomed out my chart and I'm seeing a big sideways chanel between 3325 and 3400. Since we are near the bottom of the chanel, we should now look for the uptrend I think.
- mijnmail replied Jan 11, 2013
Thanks GL, that helps putting things in perspective! I found the move very fast, had not seen this before :-)
- mijnmail replied Jan 11, 2013
Wow! What was that?
- mijnmail replied Jan 5, 2013
Hi Golfer, Nice call and congrats on the pips! But if I understand the rules of the system correctly this trade was not correct. The two closes above the high before the retrace are lacking. I draw a trade on your chart which would have fitted this ...