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  • Post #761
  • Quote
  • Apr 4, 2016 9:28am Apr 4, 2016 9:28am
  •  fxrabbi
  • Joined Aug 2010 | Status: Esikethetrader | 2,220 Posts | Online Now
Quoting jimitele
Disliked
GU +25.5 Happy pips! {image}
Ignored


Weldone, the only reservation I have for this trade is the 2 MA's, they are not position well. The 24 (blue) is suppose to be above 72 (red) for buy. This will take care of H1 that we are not watching again for direction.





Happy trading,
Yomi.
Be Dumb and Follow Price
 
 
  • Post #762
  • Quote
  • Apr 4, 2016 9:49pm Apr 4, 2016 9:49pm
  •  fxenthusiast
  • | Joined Jan 2016 | Status: Member | 515 Posts
Quoting jimitele
Disliked
GU +25.5 Happy pips! {image}
Ignored
May I know what made you take the trade, i.e., criteria in entering the trade?
 
 
  • Post #763
  • Quote
  • Apr 5, 2016 4:02am Apr 5, 2016 4:02am
  •  fxrabbi
  • Joined Aug 2010 | Status: Esikethetrader | 2,220 Posts | Online Now
EURUSD (M15) +15.8pips.



Trade Idea:

1. 5ema trigger - I did not wait for the close of the trigger candle because of the momentum that break the TL.
2. Price below the 2 MA's & DPP.
3. DMI - ok.
4. TrendMirror - ok.
5. MACD - ok.
6. Strength meter - weaker EUR.
7. 10ema dashboard - ok.
8. Ichimoku - ok.




Happy trading,
Yomi.
Attached Image (click to enlarge)
Click to Enlarge

Name: EURUSDM15.png
Size: 54 KB
Be Dumb and Follow Price
 
 
  • Post #764
  • Quote
  • Apr 5, 2016 4:40am Apr 5, 2016 4:40am
  •  honeytob
  • | Joined Jan 2016 | Status: Member | 15 Posts
Quoting fxrabbi
Disliked
EURUSD (M15) +15.8pips. Trade Idea: 1. 5ema trigger - I did not wait for the close of the trigger candle because of the momentum that break the TL. 2. Price below the 2 MA's & DPP. 3. DMI - ok. 4. TrendMirror - ok. 5. MACD - ok. 6. Strength meter - weaker EUR. 7. 10ema dashboard - ok. 8. Ichimoku - ok. Happy trading, Yomi. {image}
Ignored
Hi Yomi
Well done
I found something I am not sure
3. DMI - ok?
But I see ADX and ADXr were both below 20
Please
THX
Honey
 
 
  • Post #765
  • Quote
  • Apr 5, 2016 5:17am Apr 5, 2016 5:17am
  •  fxrabbi
  • Joined Aug 2010 | Status: Esikethetrader | 2,220 Posts | Online Now
Quoting honeytob
Disliked
{quote} Hi Yomi Well done I found something I am not sure 3. DMI - ok? But I see ADX and ADXr were both below 20 Please THX Honey
Ignored

Hi honeytob,


Thank you for your observation and comment. ADX don't necessary need to be above 20 level, all ADX need to do is to be in between DMI - & DMI + , only ADXr need to be above 20 level. In that trade all I did is that I add the power of PA to that trade, in forex once you have the knowledge of PA, you can even trade without them.




Happy trading,
Yomi.
Be Dumb and Follow Price
 
 
  • Post #766
  • Quote
  • Apr 5, 2016 5:23am Apr 5, 2016 5:23am
  •  fxenthusiast
  • | Joined Jan 2016 | Status: Member | 515 Posts
Quoting honeytob
Disliked
{quote} Hi Yomi Well done I found something I am not sure 3. DMI - ok? But I see ADX and ADXr were both below 20 Please THX Honey
Ignored
What I observed in this system is if there's momentum, this supersedes an indicator. In this case, although ADXr is below 20, the trade is still good.
 
 
  • Post #767
  • Quote
  • Apr 5, 2016 5:39am Apr 5, 2016 5:39am
  •  fxrabbi
  • Joined Aug 2010 | Status: Esikethetrader | 2,220 Posts | Online Now
Quoting fxenthusiast
Disliked
{quote} What I observed in this system is if there's momentum, this supersedes an indicator. In this case, although ADXr is below 20, the trade is still good.
Ignored

As I said in post 1, this system is a trend following system, as you know trend is a friend to momentum. And sometimes ADXr is a bit slow in its respond, and that is why I use 20 level instead of 25 level, so please add PA to your decision making when it come to taking up a setup.

Please also note that when ADXr is rising up below 20 level, it can also give a good signal.



Happy trading,
Yomi.
Be Dumb and Follow Price
 
 
  • Post #768
  • Quote
  • Apr 5, 2016 6:33am Apr 5, 2016 6:33am
  •  honeytob
  • | Joined Jan 2016 | Status: Member | 15 Posts
Quoting fxrabbi
Disliked
{quote} Hi honeytob, Thank you for your observation and comment. ADX don't necessary need to be above 20 level, all ADX need to do is to be in between DMI - & DMI + , only ADXr need to be above 20 level. In that trade all I did is that I add the power of PA to that trade, in forex once you have the knowledge of PA, you can even trade without them. Happy trading, Yomi.
Ignored
THX Yomi
I am clear now and the rule is more simple than before
So where could I acquire the knowledge of PA?

Honey
 
 
  • Post #769
  • Quote
  • Apr 5, 2016 6:42am Apr 5, 2016 6:42am
  •  fxrabbi
  • Joined Aug 2010 | Status: Esikethetrader | 2,220 Posts | Online Now
Quoting honeytob
Disliked
{quote} THX Yomi I am clear now and the rule is more simple than before So where could I acquire the knowledge of PA? Honey
Ignored

Screen time is the holy grail and golden goose.



Happy trading,
Yomi.
Be Dumb and Follow Price
 
 
  • Post #770
  • Quote
  • Apr 5, 2016 6:56am Apr 5, 2016 6:56am
  •  fxenthusiast
  • | Joined Jan 2016 | Status: Member | 515 Posts
Quoting fxrabbi
Disliked
{quote} As I said in post 1, this system is a trend following system, as you know trend is a friend to momentum. And sometimes ADXr is a bit slow in its respond, and that is why I use 20 level instead of 25 level, so please add PA to your decision making when it come to taking up a setup. Please also note that when ADXr is rising up below 20 level, it can also give a good signal. Happy trading, Yomi.
Ignored
Thanks for the tip, Yomi.
 
 
  • Post #771
  • Quote
  • Edited 11:55am Apr 5, 2016 11:40am | Edited 11:55am
  •  sandico68
  • | Joined Jan 2016 | Status: Member | 19 Posts
am happy for today trade
GBPUSD-5mins +100pips




sandico68
Attached Image (click to enlarge)
Click to Enlarge

Name: GBPUSD--M5.png
Size: 51 KB
 
 
  • Post #772
  • Quote
  • Apr 5, 2016 12:08pm Apr 5, 2016 12:08pm
  •  sandico68
  • | Joined Jan 2016 | Status: Member | 19 Posts
my last week trade
GBPUSDM5 - 13.2pips





yours
sandico68
Attached Image (click to enlarge)
Click to Enlarge

Name: GBPUSDM5.png
Size: 50 KB
 
 
  • Post #773
  • Quote
  • Apr 5, 2016 4:05pm Apr 5, 2016 4:05pm
  •  jimitele
  • | Joined Feb 2015 | Status: Member | 44 Posts
Quoting fxrabbi
Disliked
{quote} Weldone, the only reservation I have for this trade is the 2 MA's, they are not position well. The 24 (blue) is suppose to be above 72 (red) for buy. This will take care of H1 that we are not watching again for direction. Happy trading, Yomi.
Ignored
Many thanks Yomi. I'll watch out for that next time.
 
 
  • Post #774
  • Quote
  • Apr 5, 2016 4:08pm Apr 5, 2016 4:08pm
  •  jimitele
  • | Joined Feb 2015 | Status: Member | 44 Posts
Quoting fxenthusiast
Disliked
{quote} May I know what made you take the trade, i.e., criteria in entering the trade?
Ignored
GBPUSD M15 TF
1st 3 hours of NY open
5ema arrow trigger OK
Price above 2 moving averages
10ema dashboard OK
Ichimoku OK
DMI+ OK - green above 20
DMI- OK - red below 20
ADX OK - red dots between DMI
ADXr OK - yellow above 20
Trendmirror OK
MACD OK
 
 
  • Post #775
  • Quote
  • Apr 5, 2016 9:15pm Apr 5, 2016 9:15pm
  •  fxenthusiast
  • | Joined Jan 2016 | Status: Member | 515 Posts
Quoting jimitele
Disliked
{quote} GBPUSD M15 TF 1st 3 hours of NY open 5ema arrow trigger OK Price above 2 moving averages 10ema dashboard OK Ichimoku OK DMI+ OK - green above 20 DMI- OK - red below 20 ADX OK - red dots between DMI ADXr OK - yellow above 20 Trendmirror OK MACD OK
Ignored
Thank you
 
 
  • Post #776
  • Quote
  • Apr 6, 2016 4:39am Apr 6, 2016 4:39am
  •  Go5
  • | Joined Jun 2014 | Status: Invisible | 1,395 Posts | Online Now
Hi folks, a trade on the M15: +14
There was a 25Pip distance to the next pivot so I took it...
Attached Image (click to enlarge)
Click to Enlarge

Name: 6-4-GBPUSDM15.png
Size: 96 KB
 
 
  • Post #777
  • Quote
  • Apr 6, 2016 4:54am Apr 6, 2016 4:54am
  •  fxrabbi
  • Joined Aug 2010 | Status: Esikethetrader | 2,220 Posts | Online Now
Quoting Go5
Disliked
Hi folks, a trade on the M15: +14 There was a 25Pip distance to the next pivot so I took it... {image}
Ignored
Nice one, arise and repeat



Happy trading,
Yomi.
Be Dumb and Follow Price
 
 
  • Post #778
  • Quote
  • Apr 6, 2016 5:48am Apr 6, 2016 5:48am
  •  oceanic
  • | Joined Oct 2007 | Status: Oceanic | 46 Posts
Quoting fxrabbi
Disliked
EURUSD (M15) +15.8pips. Trade Idea: 1. 5ema trigger - I did not wait for the close of the trigger candle because of the momentum that break the TL. 2. Price below the 2 MA's & DPP. 3. DMI - ok. 4. TrendMirror - ok. 5. MACD - ok. 6. Strength meter - weaker EUR. 7. 10ema dashboard - ok. 8. Ichimoku - ok. Happy trading, Yomi. {image}
Ignored

Please can you direct me to where I can download a lighter template as the one on Page one is very heavy and the CPU usage is very large?
Esie baba
 
 
  • Post #779
  • Quote
  • Apr 7, 2016 3:57am Apr 7, 2016 3:57am
  •  fxrabbi
  • Joined Aug 2010 | Status: Esikethetrader | 2,220 Posts | Online Now
GBPUSD (M5) +29.2pips.


This trade is based on strong momentum with double portion.





Happy trading,
Yomi.
Attached Image (click to enlarge)
Click to Enlarge

Name: GBPUSDM5.png
Size: 47 KB
Be Dumb and Follow Price
 
 
  • Post #780
  • Quote
  • Apr 7, 2016 8:49am Apr 7, 2016 8:49am
  •  fxbiddy
  • | Joined Dec 2015 | Status: Member | 15 Posts
Quoting fxrabbi
Disliked
GBPUSD (M5) +29.2pips. This trade is based on strong momentum with double portion. Happy trading, Yomi. {image}
Ignored
Double portion indeed
Nice trade , keep it up
hapi pips
fxbiddy
 
 
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