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- nomadic replied Dec 4, 2012
I follow exactly as described by Master Arjun and reinforced recently by emmanuel7788 ( url ). M15 is a lot noisier than HTF. I lose all perspective without the HTF. Also, if you recall throughout the thread Arjun is always referring to the HTF. ...
- nomadic replied Dec 4, 2012
Hi wizard, Here is my simple take on things - - You are following some of the correct steps - price < 10 < 200 EMA. So that is good! But that alone is not enough. We need to work out the logic of the trade. I am still working through this myself ...
- nomadic replied Nov 29, 2012
Hi pinux76, Check the slope of the 50EMA - it was pointing towards top-right. This tells me that this looks more like a retrace before resuming upwards direction. Also, at point 3, look at the candle that closed below the 10EMA - a good length lower ...
- nomadic replied Nov 25, 2012
[quote=Vantage;6228539]If the comments below are inappropriate I'll remove post immediately. I trade MTF analysis with entries from 5 min. Approx 2 months ago switched to 15 min entry as per this thread. Good results became borderline unbelievable. ...
- nomadic replied Nov 21, 2012
Good eye for detail! Trading without physical stops is madness. Every trade is always placed with stop loss determined first, and also placed immediately. In this case, I had moved the stop loss up very agressively, and it was then taken out.
- nomadic replied Nov 21, 2012
Hi jordfx, Got it! No more 5 min charts. Thanks for the reminder. At the time, I was seeing this as a pure momentum bounce off the 200 EMA. This was only the second touch of this EMA in approx. one week. There is a strong up-trend in place. Then a ...
- nomadic replied Nov 21, 2012
Just got back to the charts and saw the fast drop on EURJPY. Price was bouncing off the M15-200EMA. Zoomed in to the M5 tf to better see the price action for a quick bounce trade. Waited for the M5 candle to close. It closed as a pin. So I jumped ...
- nomadic replied Nov 19, 2012
Nicely spotted! Awesomeness!!
- nomadic replied Nov 19, 2012
Hey akin, EN is one of my favourites. That was a nice trade! In hindsight, the rejection of the 10EMA a couple of bars later would have been cleaner. However the big rejection bar that you saw would have been enough for me. When EN gets going it ...
- nomadic replied Nov 19, 2012
Hi Symon, The HTF are looking confused to me. You have identified a possible short. I think I would have taken this if I wasn't putting my kids to bed, and if I had seen it However I would have only been seeking approx 10 pips due to this trade ...
- nomadic replied Nov 16, 2012
The H1 TF had not yet shown its hand. I was waiting for confirmation on the H1 timeframe before dropping down to M15 for possible entry.
- Posts by Member Search: 'nomadic'