Let's go!

Hi,
After all that struggling its time to post.
Theres idea of four factors:
1. general trend
2. fundamentals
3. entry and SL
4. timeframe

have no clue aboout exit yet. I think that the longer trade, the better.

letsgo is tpl, will work if both of HAS downloaded

direction is easy to spot:
Peak is created, where HAS turns against sHAS
On first picture you see consecutive peaks higher then previous
On second is range time inside square, broken at the end. You can see lower high, sHAS changes direction three times during one day.

Pretty graphs. Worth any pips?

First is EJ 6-9 febuary 2007
second EJ 8-11 january 2007

Looks nice, but i did not trade them.

Smart guy from Livermore story said sth like
You dont know if you dont trade it.



My purpose was to show, how do I understeand idea of global trend.
Its not a method of trading itself.
I'll continue to post folowing day, and do some trades as well, so we all will see

The point with entry is not perfect method, but the smallest SL you can use while open position.

Short explenation.
Let's say that I have $100 to bet.

I place my order with SL=100 pips [$1 per pip]
Trade goes against me and i lose all $100

If I did bet with SL=10
I would firstly lost $10, then MAYBE another signal occur after another 20 pips of loses I bet again, and lost another $10

If price went down 100 pips I would lose MAYBE $30-$50.

Here's example.
You must notice the fact, that main trend all the time goes down. My propositions of entry signal are diferent than my real entering method, but I want all to have his own entry signal.
Method method I used here could be good with exeption of black arrow on second picture [its bad to go down above HAS candle.
I just want it to be more reliable

As for me graph looks totally flat.
Now watchingonly EJ, when start resulting, I'll have a look on other pairs.
Open position is caried from yestarday, SL moved to BE as you can see.
I should close it, but i didnt care4 to much about this trade as its just demo, and 10 pips SL at the begining

Good luck with your journal mate.

Thx bro

Now getting pride, when new trade occure.
As shown, range broken, go long.
Please be aware, that if i trade with 100 SL i would not lose anything, but current profit would be 24 pips smaller.

PS sorry for a small mistake in firs pic comment. I mentioned point, where border is broken

And don't look at red and green buy and SL lines from previous trade. It's jus a demo

So after retracement from 1:00 am GMT I brought SL to +64 pips
there was also two nice oportunity i missed.
One for losing 10 pips from 160.87 1:45
Another still open at 160.79 2:10
[i have decided to add long on demo from 160.89 with SL 160.71 - not exactly as a methot says, but its a demo - I can explain to big SL with one position i didnt opened]

Whatever i think of best timeframe, I have to tell one thing.
I always use lower one than my favorite, because i belive, that any signal or event may hapen other than exactly at the end of actual bar.

So - to spot thetrend i like 4H and 1H, so i use 15M with settings 4 times higher than I would use on 1H.

For entry i use5 min, because i trust, that 15M is enough to give me perfect signal to entry for my trades.

So to makeit simple. When thinking of 4H TF with fe 5/8 crosover, ill use 1H with 20/32 crossover, so i don't miss a signal given two hours after candle opening.
If you like it, you may adopt it as well as 1200/1920 crosover on 1M chart.
Whatever fits you best