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LAST (Long term Analysis - Short term Trading)

  • #81
  • Edited 7:09pm Jun 26, 2017 6:31pm | Edited 7:09pm
Quoting PrinceJ58
So you said the trading day will start 1 hour before London open, where we scan selected pairs/instruments and set our initial bias for the day. Does the pairs ADR/ATR affect if we trade any particular pair? Long Bias: Most of previous PA is above DO (Daily Open), and Current PA is above DO. Short Bias: Most of previous PA is below DO (Daily Open), and Current PA is below DO. I found that trades that met the above criteria were actually super awesome once implemented correctly into the trading system. Most of my successful breakouts actually follow...
That's a good summary J. of what is discussed so far, although you missed the volume component.

As for indicators/scripts/experts, so far I am trying to put these a side until the method is proved with naked charts, this is what I've been doing since June 1.

There is still a "human" component (sixth sense, maybe ?) that I could not put into code yet.
I am not sure if it can ever be put into code. That would be my life project.
No guts, no glory
  • #82
  • Jun 26, 2017 6:38pm Jun 26, 2017 6:38pm
Quoting PrinceJ58
A.K. I want you to look on this image and check if i am looking at it correctly... {image}
Picture Perfect !

The tricky part is when to consider a retrace is over, that's where you might use volume, Stoch, HA ... etc.
However I "feel" somehow safe buying above DO, and selling below DO.
No guts, no glory
  • #83
  • Jun 26, 2017 6:50pm Jun 26, 2017 6:50pm
We saw how U/J retraced from DH @ 111.728 to 111.357 (above DO @ 111.136), and then continued up breaking DH and making new DH @ 111.946 (almost 60 pips move).

Now, tell me who dared to buy around 111.357 ?.
Well, I did, but I exited quickly when in profit, as per the scope of this system, where we accumulate repetitive small profits to reach our DT.
No guts, no glory
  • #84
  • Jun 27, 2017 3:52am Jun 27, 2017 3:52am
Hi, Price action with Volume Gasket Indicator..
its just for your mind makeup & for decorating your Charts by guidelines, increasing/decreasing volume on chart for your actions...
but P.A is actually a simple approach to fx which comes with experience and discipline only.
enjoy the indicator..
Regards
Hukam
Attached Image (click to enlarge)
Click to Enlarge Name: Price action Volume Gasket.png Size: 58 KB
Attached File(s)
File Type: ex4 Volume Gasket 500 Bars.ex4   11 KB | 739 downloads
  • #85
  • Jun 27, 2017 4:05am Jun 27, 2017 4:05am
Quoting abokwaik
Long term Analysis - Short term Trading L A S T Trading System Unlike my other auto trading threads, this one is going to be manual. Our trading day will start 1 hour before London open, where we scan selected pairs/instruments and set our initial bias for the day. Long Bias: Most of previous PA is above DO (Daily Open), and Current PA is above DO. Short Bias: Most of previous PA is below DO (Daily Open), and Current PA is below DO. ... PS: We'll take this step by step due to time limitations.
Hi @abokwaik,
thanks for your kindness many free codes and now you are helping traders with your Price Action logic.
best of luck
Regards
hukam
  • #86
  • Jun 27, 2017 5:30pm Jun 27, 2017 5:30pm
Tried sneaking some in a few on USDJPY, based on my logic's due to being at work and away from charts. With my limited knowledge my auto has done well taking them just as i would. This needs some fine tuning but it fits my likes.

I realized that you didn't go for much pips K.A. the real definition of scalping. I will implement same once on ECN broker some 3-5 pips per entry.

I hope it makes sense, i was looking on pinbars, doji's, Engulfing bars after the dips for this bias to the long side.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: KA1.png Size: 78 KB
Click to Enlarge Name: K.A2.png Size: 68 KB
Click to Enlarge Name: KA3.png Size: 91 KB
R:R "Percentage Focus"
  • #87
  • Jun 27, 2017 9:07pm Jun 27, 2017 9:07pm
Even before the time...We at it..
Attached Image (click to enlarge)
Click to Enlarge Name: K.A.Current.png Size: 22 KB
R:R "Percentage Focus"
  • #88
  • Jun 28, 2017 5:44am Jun 28, 2017 5:44am
Good Day.

//======================================

I went off course yesterday, and I got punished for it.

Market is a great teacher.

=======================================//
No guts, no glory
  • #89
  • Jun 28, 2017 5:47am Jun 28, 2017 5:47am
Quoting hukam
Hi, Price action with Volume Gasket Indicator.. its just for your mind makeup & for decorating your Charts by guidelines, increasing/decreasing volume on chart for your actions... but P.A is actually a simple approach to fx which comes with experience and discipline only. enjoy the indicator.. Regards Hukam {image} {file}
Thank you for dropping by Hukam.
No guts, no glory
  • #90
  • Jun 28, 2017 5:48am Jun 28, 2017 5:48am
Quoting PrinceJ58
Even before the time...We at it.. {image}
Good go J.

Posting live trades will be great if you can do it.
No guts, no glory
  • #91
  • Jun 28, 2017 5:55am Jun 28, 2017 5:55am
E/U most PA is above DO.

Looking for long opportunities above DO.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 26 KB
No guts, no glory
  • #92
  • Edited 6:06am Jun 28, 2017 5:55am | Edited 6:06am
Dear abokwaik found this indicator on Google maybe you can help enhance this (it gives price from DO)
Settings:

  1. Method — selection of the calculation method (opening-closing or high-low).
  2. Number of buttons — the number of currency buttons displayed.
  3. Pressing the MODE button changes the sorting mode to "ascending/descending".
  4. To exclude a pair from the calculation it should be removed from the "Market Watch" window.

IMPORTANT:

  1. Response to pressing the MODE button happens with a delay (the code is heavy).
  2. The maximum number of pairs to calculate — 50 (in code #define LINES 50).

Attached Image (click to enlarge)
Click to Enlarge Name: up down pic.JPG Size: 88 KB
Attached File(s)
File Type: mq4 updown.mq4   9 KB | 724 downloads
Self discipline It is a practice
  • #93
  • Jun 28, 2017 5:58am Jun 28, 2017 5:58am
G/U most PA is above DO.
Looking for long opportunities above DO.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 28 KB
No guts, no glory
  • #94
  • Jun 28, 2017 6:00am Jun 28, 2017 6:00am
U/J most PA is below DO.
Looking for short opportunities below DO.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 30 KB
No guts, no glory
  • #95
  • Jun 28, 2017 6:02am Jun 28, 2017 6:02am
Quoting okshop
Dear abokwaik found this indicator on Google maybe you can help enhance this (it gives price from DO) {image} {file}
Thank you.
No guts, no glory
  • #96
  • Jun 28, 2017 6:07am Jun 28, 2017 6:07am
Attached Image (click to enlarge)
Click to Enlarge Name: eu-uj.png Size: 42 KB
No guts, no glory
  • #97
  • Jun 28, 2017 6:28am Jun 28, 2017 6:28am
Attached Image (click to enlarge)
Click to Enlarge Name: eu-uj-2.png Size: 34 KB
No guts, no glory
  • #98
  • Jun 28, 2017 7:46am Jun 28, 2017 7:46am
Quoting abokwaik
{quote} Good go J. Posting live trades will be great if you can do it.
I will once i finish tracking down the prey properly the hunting takes some time.
R:R "Percentage Focus"
  • #99
  • Jun 28, 2017 9:14am Jun 28, 2017 9:14am
Oh, what happened.
It seems that I fell in a bear trap.

Let me see if I can handle this.
No guts, no glory
  • #100
  • Jun 28, 2017 9:17am Jun 28, 2017 9:17am
Or is it a bull trap.

Whatever, I got distracted and f***ed up.
No guts, no glory
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