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Trading Made Simple

Likica,

Price seems to be holding exactly on Erebus
Daily open line v ADR levels. Which is good to know.
The settings seem to be right on...
sj
Attached Image (click to enlarge)
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Quoting WDays
{quote} Yeah but then you're just a hobby trader
would be sweet to make $$$$$$ from a hobby
Appreciation is the key to wealth and happiness
Quoting snarlyjack
Likica, Price seems to be holding exactly on Erebus Daily open line v ADR levels. Which is good to know. The settings seem to be right on... sj {image}
ok, so the indie is helping to set PT/SL? it looks amazing
Appreciation is the key to wealth and happiness
Quoting likica
Hi SJ, nice bag from AU trade. did u enter from 1st red number ? i m still figuring how to use it {quote} no need to trade everyday if you can have a few nice bags here and there
Likica,

I entered as price broke through the Synergy Dsr level
for a quick scalp to see if it would hit the Daily open line
Adr level. (fast 20 pips). I was more interested in the
exactness of the levels for future reference...
sj
Quoting omonisha
{quote} Nice i got another with the news- USDJPY-M30 {image}
gee... i m jealous of how u knew... did u jump in with a pending order when the news was just about to release?
Appreciation is the key to wealth and happiness
Quoting snarlyjack
Erebus, I just took this trade on the aud/usd 30 minute chart. Price hit your level exactly as I liquidated out... Thanks sj {image}
Nice trade SJ. I was to to trade the NY session. Got a little bag in oil but that's it.

Erebus can you tell us or pm me some details on how you use that indi?
Intelligence is the ability to adapt to change. Stephen Hawking
Quoting likica
{quote} gee... i m jealous of how u knew... did u jump in with a pending order when the news was just about to release?
Yes you are absolutely right. i was just holding my script there. price shoot down i release the script.lucky
Sad i'm not trying to understand PA
Erebus,

It looks like the aud/usd 30 minute chart, price hit
your level exactly, then on the new 30 minute bar it
turned up. See level & Tdi...very interesting...
sj
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM30.png Size: 58 KB
Quoting snarlyjack
Erebus, It looks like the aud/usd 30 minute chart, price hit your level exactly, then on the new 30 minute bar it turned up. See level & Tdi...very interesting... sj {image}
Oh no you got me pondering :nerd:
Intelligence is the ability to adapt to change. Stephen Hawking
Quoting nods80
{quote} Oh no you got me pondering :nerd:
Nods,

Welcome to our crazy world!
(Better known as welcome to the jungle )...
sj
Quoting snarlyjack
{quote} Nods, Welcome to our crazy world! (Better known as welcome to the jungle )... sj
It's like venom running through my veins FOREX has no mercy! Just glad i'm in good company to keep in the straight and narrow.
Intelligence is the ability to adapt to change. Stephen Hawking
Quoting omonisha
{quote} Yes you are absolutely right. i was just holding my script there. price shoot down i release the script.lucky
I was contemplating a long around the 70s, but then I decided nah it shot up 100 pips and the SP was headed down, so may be best to sit this one out...
Quoting snarlyjack
Likica, Price seems to be holding exactly on Erebus Daily open line v ADR levels. Which is good to know. The settings seem to be right on... sj {image}
Please correct me if i am wrong. the first price either up or down after the open line is 20% ADR and the 2nd target is 70% ADR in one direction. If the 2nd target is hit in one direction then isnt the other other 2nd target in the other direction over 100% ADR? I like the thought of the indicator and I would like to be clear.
Hi guys, I see you guys discusing about ADR, wich indicator is that? cant find it in the synergy .zip. The TP i think is my biggest difficulty right now, SL and entry points are getting more clear, but I always jump out of the trade in the first retraces and always end up with around 15pip max because its very unclear for me till what price the trend can go, usually setting 10-15pip tp in H1-H4 charts, or near the previous resistance/support. I will have many free hours to study this weekend, and a north on where/what put this time would be very helpfull. Any suggestions are very appreciated!

Thanks!!
Quoting mokuro89
Hi guys, I see you guys discusing about ADR, wich indicator is that? cant find it in the synergy .zip. The TP i think is my biggest difficulty right now, SL and entry points are getting more clear, but I always jump out of the trade in the first retraces and always end up with around 15pip max because its very unclear for me till what price the trend can go, usually setting 10-15pip tp in H1-H4 charts, or near the previous resistance/support. I will have many free hours to study this weekend, and a north on where/what put this time would be very...
Check this page http://www.forexfactory.com/showthre...1622&page=2728
2 trades this week. (+200pips rounded)
1st trade was taken on the start of new daily candle. closed after price retrace and hit my trail stop
2nd trade was taken after i see a move on LO. got in after 30 mins. closed prematurely because spread widens before news and hit my trail stop....(i count it as 30 pips lost opportunity)

Hope you guys have a great week


Greenb
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Daniel
Trading dangerously around NFP.
Follow the Day candles, wait for the first spike then place your pending order with grid orders.

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting mokuro89
Hi guys, I see you guys discusing about ADR, wich indicator is that? cant find it in the synergy .zip. The TP i think is my biggest difficulty right now, SL and entry points are getting more clear, but I always jump out of the trade in the first retraces and always end up with around 15pip max because its very unclear for me till what price the trend can go, usually setting 10-15pip tp in H1-H4 charts, or near the previous resistance/support. I will have many free hours to study this weekend, and a north on where/what put this time would be very...

Page One of the paperclip selection...
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting emmanuel7788
Trading dangerously around NFP. Follow the Day candles, wait for the first spike then place your pending order with grid orders. {image}
I like it. What was the strategy for stop loss in case a recoiled back? Can you post the script you use please?
Intelligence is the ability to adapt to change. Stephen Hawking
Hi emmaunuel,


Long time no speak.


I had a similar trade. Taking profit at resistance around 120.7

Best Regards

Adam

https://charts.mql5.com/7/194/usdjpy...trader-ltd.png
Quoting emmanuel7788
Trading dangerously around NFP. Follow the Day candles, wait for the first spike then place your pending order with grid orders. {image}
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