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  • #1,142,961
  • Aug 29, 2018 4:07am Aug 29, 2018 4:07am
Quoting Beyfor
My favorite E.W count : After the completion of wave "A", a downward swing will take place as wave "B" .Ideal wave "B" target is 1.1530-1.1470 area, before the market resumes upward as wave "C" with ideal target 1.1910-1.1955. {image}
exactly I have the same plan and same EW counting. great job
  • #1,142,962
  • Aug 29, 2018 4:15am Aug 29, 2018 4:15am
PA a bit of a pain...
trading is simple but is simple is not easy.
  • #1,142,963
  • Aug 29, 2018 4:20am Aug 29, 2018 4:20am
Quoting ZenNy
PA a bit of a pain...
Nah...just map it.
  • #1,142,964
  • Aug 29, 2018 4:24am Aug 29, 2018 4:24am
Hi all,

have a real prob with monitor, time to buy a new one at weekend.
So you have to have a strongly look for EU going down
all the best
  • #1,142,965
  • Aug 29, 2018 5:20am Aug 29, 2018 5:20am
RoadMap update. Obviously this isn't for you if you're confused by a few Pitchfork lines. Just wait for the Triad or for the price to zoom up through the line. Long profits would be taken when price touches the yellow line or after a reversal pivot occurs.

Fookit rule two: There is no point even thinking about the price going beyond the yellow line until it does. Take profits at the yellow line and if price zooms through that line it will retest it 80% of the time so you can reenter later.
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  • #1,142,966
  • Aug 29, 2018 5:28am Aug 29, 2018 5:28am
Enter short after the Triad and place SL at the highest high. It certainly isn't a perfect Triad but I've taken the trade for illustrative purposes afterall I am no longer a manual but automated trader.

Please note: we are risking no more than 3 to 8 pips normally. So the risk rewward is normally between 3 to 15 dependng on price action.
Attached Image
  • #1,142,967
  • Aug 29, 2018 5:33am Aug 29, 2018 5:33am
making a few pips here and there.....
trading is simple but is simple is not easy.
  • #1,142,968
  • Edited 5:48am Aug 29, 2018 5:36am | Edited 5:48am
Remember rule one: Protect your capital as soon as soon as the high of the 5min is below the entry price because who cares if we are stopped out with 1 or 2 pips profit. Afterall we know with ABSOLUTELY confidence we will capture a few large range bars through the course of the day. Profit target at the opposite line.

That is all there is to it. If you prefer larger swings, move to a higher timeframe, the SL will obviously be larger but the risk reward range will remain the same so if your objective for being on FF is to make pips and you're serious about it, this is the method for you. Dead simple, dead boring but consistent and it only takes 5 demo days to master.

I hope the trading edge is of benefit to you.

There really isn't anything more to earning 20 to 200 pips a day.

P.S. Only ever place a trade after the 5min Triad.
P.S.2 We don't trail when using the lower timeframes (60min and less) because it fooks up the long-term risk reward. We only want the price to goto the opposite line.
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  • #1,142,969
  • Aug 29, 2018 5:38am Aug 29, 2018 5:38am
Quoting Isabella_D
Hi all, have a real prob with monitor, time to buy a new one at weekend. So you have to have a strongly look for EU going down all the best
My bias on EU is down. Now waiting for the shift signal (EMAs 5 and 13 cross).
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Trade safe and build with small steps.
  • #1,142,970
  • Aug 29, 2018 5:50am Aug 29, 2018 5:50am
Quoting mbrown
RoadMap update. Obviously this isn't for you if you're confused by a few Pitchfork lines. Just wait for the Triad or for the price to zoom up through the line. Long profits would be taken when price touches the yellow line or after a reversal pivot occurs. Fookit rule two: There is no point even thinking about the price going beyond the yellow line until it does. Take profits at the yellow line and if price zooms through that line it will retest it 80% of the time so you can reenter later. {image}
Hi I am new to this. kindly can i know where i can find more information about your way of trading? thank you
  • #1,142,971
  • Aug 29, 2018 5:51am Aug 29, 2018 5:51am
Quoting fsatrader
{quote} Hi I am new to this. kindly can i know where i can find more information about your way of trading? thank you

All you need is in my posts on this thread from today and yesterday. Anything more than that will overcomplicate it.

Nothing more to add. Use it or lose it.
  • #1,142,972
  • Aug 29, 2018 5:55am Aug 29, 2018 5:55am
Quoting ZenNy
making a few pips here and there.....
Where?
Damn that 1665 - 1675 frozen zone!
It's almost 7AM USET. When does Donnie Trump gets up?
Member
  • #1,142,973
  • Aug 29, 2018 6:02am Aug 29, 2018 6:02am
Quoting TudorIoan
{quote} Where? Damn that 1665 - 1675 frozen zone! It's almost 7AM USET. When does Donnie Trump gets up?
Geee, thanks! It was just enough to ask!
Member
  • #1,142,974
  • Aug 29, 2018 6:39am Aug 29, 2018 6:39am
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  • #1,142,975
  • Aug 29, 2018 6:46am Aug 29, 2018 6:46am
Quoting TudorIoan
{quote} Where? Damn that 1665 - 1675 frozen zone! It's almost 7AM USET. When does Donnie Trump gets up?
shorted 72 covered 67, gu 65 covered 56....


good move on EG and AU....but I did not take any trades here...
trading is simple but is simple is not easy.
  • #1,142,976
  • Aug 29, 2018 8:02am Aug 29, 2018 8:02am
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www.sme-fx.com
  • #1,142,977
  • Aug 29, 2018 8:09am Aug 29, 2018 8:09am
WTF, US (second) GDP excellent numbers and no impact, even the other way round!
Ok, market's always right... but something's wrong with those guys
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Member
  • #1,142,978
  • Aug 29, 2018 8:22am Aug 29, 2018 8:22am
long 76 sl 61,,,good night.
trading is simple but is simple is not easy.
  • #1,142,979
  • Aug 29, 2018 8:30am Aug 29, 2018 8:30am
Quoting ZenNy
long 76 sl 61,,,good night.
Oh, yeap, right, in Vatican is 23:30 now, good night!
Member
  • #1,142,980
  • Aug 29, 2018 8:42am Aug 29, 2018 8:42am
Quoting mbrown
Enter short after the Triad and place SL at the highest high. It certainly isn't a perfect Triad but I've taken the trade for illustrative purposes afterall I am no longer a manual but automated trader. Please note: we are risking no more than 3 to 8 pips normally. So the risk rewward is normally between 3 to 15 dependng on price action. {image}
in risk reward, you mean 3 to 15 times the SL or 3-15 pips? if our SL 3 to 8 pip as in your examples, give me a rough idea about possible TP range. Thanks.
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