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SAFE - KISS

  • #1,021
  • May 31, 2018 1:36am May 31, 2018 1:36am
A long trade on the EU has confirmed on the H4. However, on the H1 this appears to be the completion of wave 1, so a retrace for wave 2 to around 1.1570 may occur before the main wave 3 gets under way. Be careful.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 24 KB
Conventional trading is for losers
  • #1,022
  • May 31, 2018 5:39am May 31, 2018 5:39am
Hi Ralffe,

Been in this EU since early yeasterday
And moved the stop to +50pip
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 118 KB
  • #1,023
  • May 31, 2018 7:12am May 31, 2018 7:12am
Quoting smartcash
Hi Ralffe, Been in this EU since early yeasterday And moved the stop to +50pip {image}
Well done mate. I did the same on the H1 yesterday but I'm out now for 92 pips. I will wait for the retrace to complete then get back in on the Daily.
Correction.......74 pips. ($92)

Can I ask you how you load the comments in the comments section .? Do you have a robot taking the trades or entering the comments.?
Conventional trading is for losers
  • #1,024
  • May 31, 2018 7:44am May 31, 2018 7:44am
Quoting Ralffe
{quote} Well done mate. I did the same on the H1 yesterday but I'm out now for 92 pips. I will wait for the retrace to complete then get back in on the Daily. Correction.......74 pips. ($92) Can I ask you how you load the comments in the comments section .? Do you have a robot taking the trades or entering the comments.?
When you open a new order there is a line for comments
  • #1,025
  • May 31, 2018 7:53am May 31, 2018 7:53am
Quoting DIYmike
{quote} When you open a new order there is a line for comments
Hah!!! After all these years one can still learn new tricks. Cheers
Conventional trading is for losers
  • #1,026
  • May 31, 2018 8:36am May 31, 2018 8:36am
Hi,

Yes the comments are in the (F9) pop window , when you buy/sell

I closed the buy and are now back into the 4h move. might be to early, we'll se
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 92 KB
  • #1,027
  • May 31, 2018 9:55am May 31, 2018 9:55am
Quoting smartcash
Hi, Yes the comments are in the (F9) pop window , when you buy/sell I closed the buy and are now back into the 4h move. might be to early, we'll se {image}
To my mind, your line is too steep. Price didn't confirm break. I had the same SL & I'm still in long trade.
  • #1,028
  • May 31, 2018 11:40am May 31, 2018 11:40am
Quoting antisystem
{quote} To my mind, your line is too steep. Price didn't confirm break. I had the same SL & I'm still in long trade.
Yes I agree. This pair is very bearish on the higher timeframes. I se this move up as an pullback.
The line should have been like this, agree?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 105 KB
  • #1,029
  • May 31, 2018 3:45pm May 31, 2018 3:45pm
Quoting smartcash
{quote} Yes I agree. This pair is very bearish on the higher timeframes. I se this move up as an pullback. The line should have been like this, agree? {image}
No)
Upper line is the first, then I moved it down.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2018-05-31-21-59-42-704_net.metaquotes.metatrader4.png Size: 92 KB
  • #1,030
  • May 31, 2018 3:56pm May 31, 2018 3:56pm
Looks like NZDUSD has broken the hinge trend line on the daily
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-06-01_0653.png Size: 18 KB
  • #1,031
  • May 31, 2018 4:27pm May 31, 2018 4:27pm
I've entered long on the open of the NZDUSD Daily

Attached Image (click to enlarge)
Click to Enlarge Name: 2018-06-01_0724.png Size: 20 KB
  • #1,032
  • May 31, 2018 5:36pm May 31, 2018 5:36pm
Thank you so much Ralffe for sharing this amazing system. I am still trying to understand it more by trading with one minute charts. I'm a bit confused with the method of entry. From what I understand, an entry is made after a bar breaks out of the hinged trendline and the bar must be completely away from the cross. What if the next candle after break out candle goes in the opposite direction?
  • #1,033
  • May 31, 2018 7:50pm May 31, 2018 7:50pm
Quoting antisystem
{quote} No) Upper line is the first, then I moved it down. {image}
well done. You are moving the lines correctly. This saves you from entering prematurely & getting stopped out.
Conventional trading is for losers
  • #1,034
  • May 31, 2018 7:52pm May 31, 2018 7:52pm
Quoting Bluebag
Thank you so much Ralffe for sharing this amazing system. I am still trying to understand it more by trading with one minute charts. I'm a bit confused with the method of entry. From what I understand, an entry is made after a bar breaks out of the hinged trendline and the bar must be completely away from the cross. What if the next candle after break out candle goes in the opposite direction?
This always likely to happen, especially on the lower time frames. However if you get the line & entry right the pull-back should be short lived with minimal DD.
Conventional trading is for losers
  • #1,035
  • May 31, 2018 7:55pm May 31, 2018 7:55pm
Quoting smartcash
{quote} Yes I agree. This pair is very bearish on the higher timeframes. I se this move up as an pullback. The line should have been like this, agree? {image}
Yes, probably just a pull-back. Could go lower to form an ABC to around 1.1560. Maybe.
Conventional trading is for losers
  • #1,036
  • May 31, 2018 7:58pm May 31, 2018 7:58pm
Quoting Ralffe
{quote} Yes, probably just a pull-back. Could go lower to form an ABC to around 1.1560. Maybe.
GU doing something similar. AU caught in a triangle & may go down a little before heading North.
Conventional trading is for losers
  • #1,037
  • May 31, 2018 8:07pm May 31, 2018 8:07pm
Quoting Ralffe
{quote} GU doing something similar. AU caught in a triangle & may go down a little before heading North.
AU forming a nice HnS on the H1. I will be looking to enter this for a 30 to 40 pip trade to 0.7515.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1.png Size: 28 KB
Conventional trading is for losers
  • #1,038
  • Edited 1:52am Jun 1, 2018 1:09am | Edited 1:52am
Quoting Ralffe
{quote} well done. You are moving the lines correctly. This saves you from entering prematurely & getting stopped out.
I was stopped out by the tail((
2 fing pips lower & I would be still in trade... I never learned to take such fails normally though got some money.
Ok) There will be more profit trades)

Triangle also formed on EU, watching to trade breakout
  • #1,039
  • Jun 1, 2018 1:55am Jun 1, 2018 1:55am
Thank you Ralffe for you reply.

Did I get the trend line right? Was a sell trade supposed to be triggered at the next bar after the break?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 45 KB


Please how can I attach my chart directly here
  • #1,040
  • Jun 1, 2018 4:17am Jun 1, 2018 4:17am
Quoting Bluebag
Thank you Ralffe for you reply. Did I get the trend line right? Was a sell trade supposed to be triggered at the next bar after the break? {image} Please how can I attach my chart directly here
Yes you got the line right. No... No trade. Price did not progress & returned above the line. So. the line should now be moved (right end only) as pictured.
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 39 KB
Conventional trading is for losers
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