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PA based LTG

  • #321
  • Aug 24, 2017 2:09am Aug 24, 2017 2:09am
Quoting catalin_eros
GU, H1, DB with stop hunt, happening at important area of S/R on D1. {image} {image}
Nice catch.
I'm short on it since the previous DT, moved SL to BE+Profit, will be interesting to watch.


Thanks.
  • #322
  • Aug 24, 2017 7:13am Aug 24, 2017 7:13am
Quoting Reamasesa
{quote} Nice catch. I'm short on it since the previous DT, moved SL to BE+Profit, will be interesting to watch. Thanks.
Time to move to BE, since Unemployment Claims data comes in 20 minutes.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 34 KB
  • #323
  • Aug 24, 2017 7:43am Aug 24, 2017 7:43am
Attached Image (click to enlarge)
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  • #324
  • Aug 24, 2017 8:11am Aug 24, 2017 8:11am
Quoting bistolis
{image}
I thought perhaps to share more to explain further what's going on in this chart.. I know it's a low TF chart. but for the concept understanding is good.

USCAD.

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-08-24_13h57_56.png Size: 122 KB


+

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-08-24_13h59_22.png Size: 70 KB


Double top on 5min. .but the 15 min also show's key aspects.. key areas such as Previous week low and 23.6 retrace of yesterday move.. ( Draw the fib from the high of yesterday to the low of yesterday.) you will see the same thing.

Thank you tolis..

does everyone know how to add the fib level's to the fib tool to include the 127.2?
It's in fear when people show what they truly value.
  • #325
  • Aug 24, 2017 8:33am Aug 24, 2017 8:33am
Moved SL above entry point, and it was hit on retracement. Out for +15 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 74 KB
  • #326
  • Aug 24, 2017 8:36am Aug 24, 2017 8:36am
Quoting bistolis
{image}
guy cool chart is that mt4?
  • #327
  • Aug 24, 2017 8:40am Aug 24, 2017 8:40am
Quoting ensale
{quote} does everyone know how to add the fib level's to the fib tool to include the 127.2?
Place -0.272 level.
Attached Image (click to enlarge)
Click to Enlarge Name: Fib.jpg Size: 213 KB
  • #328
  • Aug 24, 2017 8:43am Aug 24, 2017 8:43am
Quoting catalin_eros
{quote} Place -0.272 level. {image}
thank you catalin.. ..

that should help them have it on both sides..
It's in fear when people show what they truly value.
  • #329
  • Aug 24, 2017 8:46am Aug 24, 2017 8:46am
Quoting ensale
{quote} thank you catalin.. .. that should help them have it on both sides..
I decided it to let it on one side, like you. So 1.272 is gone. I also added a -0.414, as per Little Genie's instructions. We know who the little one is.
  • #330
  • Aug 24, 2017 6:06pm Aug 24, 2017 6:06pm
Quoting ensale
{quote} I thought perhaps to share more to explain further what's going on in this chart.. I know it's a low TF chart. but for the concept understanding is good. USCAD. {image} + {image} Double top on 5min. .but the 15 min also show's key aspects.. key areas such as Previous week low and 23.6 retrace of yesterday move.. ( Draw the fib from the high of yesterday to the low of yesterday.) you will see the same thing. Thank you tolis.. does everyone know how to add the fib level's to the fib tool to include the 127.2?
ensale how do we trade gaps and set targets while having gaps?

thank you,
geol13
Carpe Diem
  • #331
  • Aug 25, 2017 1:44am Aug 25, 2017 1:44am
Quoting dogdays713
{quote} guy cool chart is that mt4?
it is tradingview.com
  • #332
  • Aug 25, 2017 3:44am Aug 25, 2017 3:44am
EU 15m double top (around 38% retrace of previous day, and open of the day) to 127

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 36 KB
  • #333
  • Aug 25, 2017 5:01am Aug 25, 2017 5:01am
AU (long) and EA (short) on H4, stop hunt trading with DB and DT. Trades opened yesterday evening.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSDH4.png Size: 31 KB
Click to Enlarge Name: EURAUDH4.png Size: 35 KB
  • #334
  • Edited 5:50am Aug 25, 2017 5:15am | Edited 5:50am
Quoting bistolis
EU 15m double top (around 38% retrace of previous day, and open of the day) to 127 {image}
Short tf again..please 1hr and above.. will do short tf Here later possibly or in another thread..
It's in fear when people show what they truly value.
  • #335
  • Aug 25, 2017 6:56am Aug 25, 2017 6:56am
Quoting ensale
{quote} Short tf again..please 1hr and above.. will do short tf Here later possibly or in another thread..
roger that

I happened to see that this morning when I opened the platform and thought I should post it
  • #336
  • Aug 25, 2017 12:13pm Aug 25, 2017 12:13pm
If anyone want's the free version of bts, on tolis chart's.. here it is. .. below.. can be used for hourly and below. enjoy.

HT1/LT1 Stands for 127.2 fib calculated based on previous day high / low.

HT2/LT2 = 141.4 Fib

H=High/long L=low/shortside


Attached File(s)
File Type: ex4 BTS_Daily51.ex4   65 KB | 378 downloads
It's in fear when people show what they truly value.
  • #337
  • Aug 25, 2017 3:28pm Aug 25, 2017 3:28pm
Quoting geol13
{quote} ensale how do we trade gaps and set targets while having gaps? thank you, geol13
trade as normal. trade the pattern's.. give me an example where a gap has troubled you?
It's in fear when people show what they truly value.
  • #338
  • Aug 26, 2017 7:02am Aug 26, 2017 7:02am
Quoting ensale
{quote} trade as normal. trade the pattern's.. give me an example where a gap has troubled you?
in the next candle after te gap it entered the light green "zone". Due to the gap can one short EU and close it when?

Also should you put stops in general (I know it is subjective); based on HT1? at the lower end of the light green "zone" once trade initiated?

Personally, I move sl to be once the candle has closed and then trail the lowest end of the previous candle and if it's a big one the previous candle I put the sl at the half of it.
Attached Image (click to enlarge)
Click to Enlarge Name: gap.png Size: 21 KB
Carpe Diem
  • #339
  • Aug 26, 2017 8:26am Aug 26, 2017 8:26am
I asked for Ensale's permission to post a M15 trade which I took on Friday. Looking at H4, the price closed as a pinbar, after there was a breakout, then pullback. I like setups when price breaks and then comes back to test the area, thus resistance becoming support, and viceversa. M15 showed DB with stop hunt, and my TP of 100 pips was almost hit in the same day, and it was Friday.
EJ, H4 view:
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH4.png Size: 32 KB

EJ, M15 view:
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 27 KB


P.S.: Previous EA trade got stopped out.
  • #340
  • Aug 26, 2017 8:34am Aug 26, 2017 8:34am
Quoting geol13
{quote} in the next candle after te gap it entered the light green "zone". Due to the gap can one short EU and close it when? Also should you put stops in general (I know it is subjective); based on HT1? at the lower end of the light green "zone" once trade initiated? Personally, I move sl to be once the candle has closed and then trail the lowest end of the previous candle and if it's a big one the previous candle I put the sl at the half of it. {image}
I know gap closes etc. but don't worry about this one.. if you look on day chart eu has a gap not closed yet since the election's. just trade price action, trend and take profits at target's.

you ask good question's. if your trading a double top, the stop is above swing high, put it in such a way that you don't get caught by another sfp.. read and watch some of the previous post's to understand.
It's in fear when people show what they truly value.
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