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FX Dynamite

  • #741
  • Jan 30, 2018 11:12am Jan 30, 2018 11:12am
gratitude is the key after all.
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  • #742
  • Jan 30, 2018 11:23am Jan 30, 2018 11:23am
Quoting Patje
Thanks Varun, with what you give to the community. I have been reading the thread (not all yet) and i am trying to setup my chart.( I use ctrader so it takes me a little more time.) I hope you dont mind if i will post it, so you can check it out... Thanks for everything
sure things, i'd be honored
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  • #743
  • Jan 30, 2018 4:41pm Jan 30, 2018 4:41pm
Quoting varun76
Hello people .. Hope all is good Varun here.. Before I continue with my journey here with you people I would just like to let you know I never had any wrong Intention.. anyway my Guru always says to to me never tell sorry to anyone its the commitment of repeating the human have been blessed with senses to judge... FXDYNAMITE.... Download the update.. and I'll continue with the teaching Fx trading is not about buying or selling but about studying the price behavior I hope to see active inputs from you people .... Only Macd has been added which is...
Hey Varun, glad you're back. Is the MACD still on your recent template? And if there are more changes could you tell us?

Thanks in advance,

Greetz,

TheJube
  • #744
  • Jan 31, 2018 12:04am Jan 31, 2018 12:04am
Quoting TheJube
{quote} Hey Varun, glad you're back. Is the MACD still on your recent template? And if there are more changes could you tell us? Thanks in advance, Greetz, TheJube
everything is still the same, just my views on market, based on this system have changed.

I believe forex trading is simple, its just the matter of time it takes to get acquainted with the price behavior.

over the time I have realized that to profit from this market you have to keep few things in mind.

1. trade in the favor of the trend
2. there should be no barriers in the direction of the trade which means there should be no MA'S on the higher tf also keep a check on monthly levels.
3. before you execute a trade it must have the most obvious tp at least 50 pips above or bellow. trust me weekly levels is all you need, find the formula to calculate it either you can have an indi or just put some line i do it every week.
4. don't let temptation beat you, if you keep it simple and obvious you will profit.
5. don't believe in people who give you a rough idea, to be honest, they themselves are not sure how could you be?
6. don't make it complicated, no one I repeat no one has an exact formula for this market but I would be lying if I say history does not repeat itself just keep it simple.

just pay attention you will know if the market is planing for reversal or pullback, when a reversal is about to happen the price just breaks the 34 and 55 sma at a go if it does not start looking for div. and immediate levels to give you an example look at the gu chart, many people are in favor of a short I was too and I took a short as well but I closed when the market did not break the 55 sma and right at that point there was weekly level to favor a long trade also if you look on weekly the barrier (200 sma) has not been touched and tHere is no div on daily just connect the dots you will find it hard to believe how simple trading could be ..

Cheers
V
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  • #745
  • Jan 31, 2018 12:09am Jan 31, 2018 12:09am
Quoting varun76
{quote} everything is still the same, just my views on market, based on this system have changed. I believe forex trading is simple, its just the matter of time it takes to get acquainted with the price behavior. over the time I have realized that to profit from this market you have to keep few things in mind. 1. trade in the favor of the trend 2. there should be no barriers in the direction of the trade which means there should be no MA'S on the higher tf also keep a check on monthly levels. 3. before you execute a trade it must have the most obvious...
the previous short, know when to exit.
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  • #746
  • Jan 31, 2018 1:59am Jan 31, 2018 1:59am
Quoting varun76
{quote} everything is still the same, just my views on market, based on this system have changed. I believe forex trading is simple, its just the matter of time it takes to get acquainted with the price behavior. over the time I have realized that to profit from this market you have to keep few things in mind. 1. trade in the favor of the trend 2. there should be no barriers in the direction of the trade which means there should be no MA'S on the higher tf also keep a check on monthly levels. 3. before you execute a trade it must have the most obvious...
Hey Varun, i do not understand why you took that short, price was still above the ma's.....that you would go long i undrrstand.....do you still look at h1 tf if price breaks throug all ma's?
  • #747
  • Feb 1, 2018 9:16am Feb 1, 2018 9:16am
Is this a valid entry?

price returned from weekly pivot, and waited for conformation from HA candle....
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  • #748
  • Feb 1, 2018 1:02pm Feb 1, 2018 1:02pm
Quoting Patje
Is this a valid entry? price returned from weekly pivot, and waited for conformation from HA candle.... {image}
Yes patje, price is above weekly pivot and I am particularly very positive towards usd pairs
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  • #749
  • Feb 1, 2018 2:15pm Feb 1, 2018 2:15pm
Quoting varun76
{quote} Yes patje, price is above weekly pivot and I am particularly very positive towards usd pairs {image}
I had also almost the same setup with eur/usd, now allready + 40 pips....how about the tp and sl...



Thanks Varun for you help...
  • #750
  • Feb 1, 2018 2:51pm Feb 1, 2018 2:51pm
Quoting Patje
{quote} I had also almost the same setup with eur/usd, now allready + 40 pips....how about the tp and sl... Thanks Varun for you help...
preferred tp and sl is weekly levels if you don't mind what your stats with forex so far?
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  • #751
  • Feb 1, 2018 3:16pm Feb 1, 2018 3:16pm
Quoting varun76
{quote} preferred tp and sl is weekly levels if you don't mind what your stats with forex so far?
I am struggling so far...i started like you discriped, like gambling and than see what it does, after that i wanted to get to know why it went how it did. So i begun to read and read. I learn everyday, sometimes i think i can't do it but i still continue and find out i learned something, It Is my goal to succeed and i will go on, fall and get up again.

So i don't have great stats , i blew 2 small live accounts, and after that i said to my self, that i have to become profitable on demo for a longer time, and it is getting better.
  • #752
  • Feb 1, 2018 3:25pm Feb 1, 2018 3:25pm
Quoting Patje
{quote} I am struggling so far...i started like you discriped, like gambling and than see what it does, after that i wanted to get to know why it went how it did. So i begun to read and read. I learn everyday, sometimes i think i can't do it but i still continue and find out i learned something, It Is my goal to succeed and i will go on, fall and get up again. So i don't have great stats , i blew 2 small live accounts, and after that i said to my self, that i have to become profitable on demo for a longer time, and it is getting better.
I would suggest trading live, take the best trade and forget about it most of the time it does hit my tp, it is a tricky game of patience I guess.
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  • #753
  • Feb 1, 2018 3:38pm Feb 1, 2018 3:38pm
Quoting varun76
{quote} I would suggest trading live, take the best trade and forget about it most of the time it does hit my tp, it is a tricky game of patience I guess.
My goal is to go live in march again. So i have a month to improve a litlle, if you dont mind i will post my next trades on your thread and maybe if you want you can comment them.
  • #754
  • Feb 1, 2018 3:58pm Feb 1, 2018 3:58pm
Quoting Patje
{quote} My goal is to go live in march again. So i have a month to improve a litlle, if you dont mind i will post my next trades on your thread and maybe if you want you can comment them.
Sure thing, patje
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  • #755
  • Feb 2, 2018 9:47am Feb 2, 2018 9:47am
The news kicked me out ....
  • #756
  • Feb 4, 2018 2:02am Feb 4, 2018 2:02am
Quoting Patje
The news kicked me out ....
WHICH PAIR, I guess the market always gives you clue and time to see think and decide don't hurry don't lose look at the gu example. I did nothing more for last few year than to read reversals or continuations based on the system principle, it takes time after all and a part of the process embrace and accept whatever comes the way the probability will favor you if you make decisions wisely ...


Cheers
V
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  • #757
  • Feb 4, 2018 2:10am Feb 4, 2018 2:10am
Quoting Patje
The news kicked me out ....
You should have seen this before taking nusd, even i got knocked out with nusd but i closed at the right time I guess (part of trading) accept loses
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  • #758
  • Feb 4, 2018 11:42am Feb 4, 2018 11:42am
Quoting TheJube
{quote} Hey Varun, glad you're back. Is the MACD still on your recent template? And if there are more changes could you tell us? Thanks in advance, Greetz, TheJube
HI Varun76,

Ive read through your beginning posts, understand the strategy in its simple form. I will test demo first to get used to it. Are you still trading with "Alpari"? I live in Canada as well. Looking for a fair broker as I have been away from trading for a while. Thanks for sharing.

Cheers!
Alxeman.
  • #759
  • Feb 5, 2018 5:34am Feb 5, 2018 5:34am
Quoting Axleman
{quote} HI Varun76, Ive read through your beginning posts, understand the strategy in its simple form. I will test demo first to get used to it. Are you still trading with "Alpari"? I live in Canada as well. Looking for a fair broker as I have been away from trading for a while. Thanks for sharing. Cheers! Alxeman.
yes Alexman I still trade with alpari all I can say is thanks for going throug the thread this is the only system that has worked so far for me whenever i try to experiment with the rules it knocks me down so best it would be to be precise and safe look at the last few trades, I say so because this is in my experience so far.
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  • #760
  • Feb 5, 2018 6:11am Feb 5, 2018 6:11am
Quoting varun76
{quote} You should have seen this before taking nusd, even i got knocked out with nusd but i closed at the right time I guess (part of trading) accept loses {image} {image} {image}
Hey Varun, yes this one kicked me out, thanks for your feedback. what dou you think about g/u it formed a lower high....is it about to reverse
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