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Simple Money Making Method

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  • Post# 2,581
  • Quote
  • Dec 29, 2012 11:29pm
  • FxRetro
    Joined Apr 2008 | 66 Posts | Status: Member
here are the charts!
Attached Image (click to enlarge)
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Name: Triple S&P chart.png
Size: 67 KB
Swing with the tide, Surf with the waves!
  • Post# 2,582
  • Quote
  • Dec 29, 2012 11:57pm
  • FxRetro
    Joined Apr 2008 | 66 Posts | Status: Member
Quoting Silat50
RETRO,


I dont even get any of the pairs you posted. Never heard of TRY. Im in the US. I thought we would have access to everything anyone else does. Maybe not. Im with FXCM, the biggest Forex broker in the USA. I DONT GET IT. Hmmmmm...........
Silat my apologize, I didn't read you other posts. I see you have experience :-p...Well, someone else might read what I wrote to you anyway :-)
Swing with the tide, Surf with the waves!
  • Post# 2,583
  • Quote
  • Dec 30, 2012 6:45am
  • kashTrader
    Joined Jul 2012 | 201 Posts | Status: Member
Quoting FxRetro
You can look more entries this way if the trend continue.
Sorry Retro,

But, I don't seem to understand how you have applied this method to the example you showed. It seems like you are doning a wave entry rather than what this system describes.
  • Post# 2,584
  • Quote
  • Dec 30, 2012 2:03pm
  • FxRetro
    Joined Apr 2008 | 66 Posts | Status: Member
Quoting kashTrader
Sorry Retro,

But, I don't seem to understand how you have applied this method to the example you showed. It seems like you are doning a wave entry rather than what this system describes.
In the S&P I did say that my entry was late, for 1h. At that moment the price had crossed both ema, and both ema were in the same direction. In 4h both ema were starting to crossover, so in 1h there were a few pullbacks. The system is also with the pullbacks to look for more entries. I, personally, use support and resistance levels to look better opportunities. I like to enter at the beginning of the trend change, I don't like to much to enter with the pullbacks... Did you still have doubts? Let me know.
Swing with the tide, Surf with the waves!
  • Post# 2,585
  • Quote
  • Dec 30, 2012 2:09pm
  • FxRetro
    Joined Apr 2008 | 66 Posts | Status: Member
Quoting kashTrader
Sorry Retro,

But, I don't seem to understand how you have applied this method to the example you showed. It seems like you are doning a wave entry rather than what this system describes.
But the waves (pullbacks) are good opportunities when you want to add more trades or pyramid as I told you before.
Swing with the tide, Surf with the waves!
  • Post# 2,586
  • Quote
  • Dec 30, 2012 9:18pm
  • FxRetro
    Joined Apr 2008 | 66 Posts | Status: Member
Will the AUD rise long a little bit?? Let's see what happen these days.
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Swing with the tide, Surf with the waves!
  • Post# 2,587
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  • Dec 30, 2012 9:29pm
  • FxRetro
    Joined Apr 2008 | 66 Posts | Status: Member
S&P500 up date: Stop lose moved to breakeven. Short open on 26.
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  • Post# 2,588
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  • Dec 30, 2012 9:41pm
  • FxRetro
    Joined Apr 2008 | 66 Posts | Status: Member
Short AUD-NZD.
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  • Post# 2,589
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  • Dec 30, 2012 10:00pm
  • FxRetro
    Joined Apr 2008 | 66 Posts | Status: Member
EUR-AUD maybe going down.
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  • Post# 2,590
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  • Dec 30, 2012 10:20pm
  • FxRetro
    Joined Apr 2008 | 66 Posts | Status: Member
Let's see if between the commodities if copper will go long.
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Name: Copper long.png
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  • Post# 2,591
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  • Dec 30, 2012 10:27pm
  • FxRetro
    Joined Apr 2008 | 66 Posts | Status: Member
Eurostox looks like is going down strongly. I have no more margin to take it T_T..
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Swing with the tide, Surf with the waves!
  • Post# 2,592
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  • Dec 31, 2012 4:02am
  • Nidolap
    Joined Nov 2012 | 17 Posts | Status: Member
Quoting FxRetro
Short AUD-NZD.
Sorry but I don't get how does this trade (or many others that you post here) has anything to do with this particularly system.

Since you started posting charts this thread stayed a little confused me, maybe I'm just a newbie but I was following until now. Could you explain in more detail or assume that these are different entries?

Thanks.
  • Post# 2,593
  • Quote
  • Dec 31, 2012 7:28am
  • craig811
    Joined Dec 2009 | 21 Posts | Status: Member
Hi all, are we taking all candle patterns into account or just Pinbar and engulfing before entry?
  • Post# 2,594
  • Quote
  • Dec 31, 2012 1:48pm
  • FxRetro
    Joined Apr 2008 | 66 Posts | Status: Member
Gold broke up in the upper side.
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Name: Gold long.png
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Swing with the tide, Surf with the waves!
  • Post# 2,595
  • Quote
  • Dec 31, 2012 1:58pm
  • FxRetro
    Joined Apr 2008 | 66 Posts | Status: Member
Quoting Nidolap
Sorry but I don't get how does this trade (or many others that you post here) has anything to do with this particularly system.

Since you started posting charts this thread stayed a little confused me, maybe I'm just a newbie but I was following until now. Could you explain in more detail or assume that these are different entries?

Thanks.
Nidolap maybe what it is confusing is that I don't use the candlestick patterns described by fxpro. I only use the close line, the breakouts of supports and resistances, and when the price reach a top or a bottom. However I does fallow the rules of the system: 1) After the price break ema 72, both ema are in the same direction, it triggers the 1st entry; 2) When the price makes a pullback to ema 72 and cross/close again beyond ema 12 is another entry.... Also I use the chart minimized. Below are 2 charts of the AUD-NZD from today, take a look at the candlestick when I made the entry.
Attached Images (click to enlarge)
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Name: audnzd short 1.png
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Name: audnzd short 2.png
Size: 47 KB
Swing with the tide, Surf with the waves!
  • Post# 2,596
  • Quote
  • Dec 31, 2012 2:03pm
  • FxRetro
    Joined Apr 2008 | 66 Posts | Status: Member
Quoting Nidolap
Sorry but I don't get how does this trade (or many others that you post here) has anything to do with this particularly system.

Since you started posting charts this thread stayed a little confused me, maybe I'm just a newbie but I was following until now. Could you explain in more detail or assume that these are different entries?

Thanks.
If Im sure the price will continue its direction, then I take advantage of the timing and put the trade before the "close of the candlestick beyond 12 ema".
Swing with the tide, Surf with the waves!
  • Post# 2,597
  • Quote
  • Dec 31, 2012 2:09pm
  • FxRetro
    Joined Apr 2008 | 66 Posts | Status: Member
Trades of today. Some were kicked out due to margin so I had to re-enter . Im going to let it run to see what happens
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  • Post# 2,598
  • Quote
  • Dec 31, 2012 2:15pm
  • FxRetro
    Joined Apr 2008 | 66 Posts | Status: Member
Copper reached 1st resistance level. Lets see if reach the 2nd one on the next days.
Swing with the tide, Surf with the waves!
  • Post# 2,599
  • Quote
  • Dec 31, 2012 2:16pm
  • lietuve
    Joined Nov 2005 | 396 Posts | Status: Member
Quoting Nidolap
Sorry but I don't get how does this trade (or many others that you post here) has anything to do with this particularly system.

Since you started posting charts this thread stayed a little confused me, maybe I'm just a newbie but I was following until now. Could you explain in more detail or assume that these are different entries?

Thanks.
I agree with you, Nidolap. FxRetro techniques demonstrate his own methods, they could be brilliant, good for him, but has very little to do
with what we are trying to study here in this thread. Indeed, eur/aud H1 chart posted here doesn't show any trigger to short based on moves around
moving averages, Daily trend is UP. Even if the daily trend is ending for eur/aud, we do not jump into trades trying to predict market reversals. We
patiently wait, until reversal happened, see that it is confirmed and then follow the new trend.
I would suggest we follow FX-Pro, and keep the thread clean from confusion. Have seen too many good threads here in FF damaged by
egos of "good doers".

Happy, profitable trading in 2013 to everyone!.
Lietuve
  • Post# 2,600
  • Quote
  • Dec 31, 2012 2:16pm
  • FxRetro
    Joined Apr 2008 | 66 Posts | Status: Member
Copper chart... The AUDUSD kicked me out during the night.
Attached Image (click to enlarge)
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Name: Copper 1 long.png
Size: 45 KB
Swing with the tide, Surf with the waves!
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