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  • #1,241
  • Jul 10, 2019 11:33am Jul 10, 2019 11:33am
Quoting paroucia
{quote} Hi EURCHF: i'm waiting to break trenline! {image} EURUSD: I;m in long! Green Pips
Does anyone know what band's Paroucia is using on his chart ?
  • #1,242
  • Jul 10, 2019 11:43am Jul 10, 2019 11:43am
Quoting PhillipmC
{quote} Does anyone know what band's Paroucia is using on his chart ?
It's TMA. It repaints last bars though.
Attached File(s)
File Type: mq4 TMA.mq4   8 KB | 216 downloads
Trust the Awesomeness, monkeys.
  • #1,243
  • Jul 10, 2019 11:57am Jul 10, 2019 11:57am
Quoting PhillipmC
{quote} Does anyone know what band's Paroucia is using on his chart ?
TMA band, it can filter bad trade and of course, let u miss some good trade, it repaint (in a good way) if u wonder. Stick with robin's rule, he was and still success with what this strategy already is. Dont make this thread dead like the others because you think you can make it better than the original
  • #1,244
  • Jul 10, 2019 12:04pm Jul 10, 2019 12:04pm
Quoting trieuVhh
{quote} TMA band, it can filter bad trade and of course, let u miss some good trade, it repaint (in a good way) if u wonder. Stick with robin's rule, he was and still success with what this strategy already is. Dont make this thread dead like the others because you think you can make it better than the original
i was just interested in what it was.. not to use it with trading idea or try and make this better.
  • #1,245
  • Jul 10, 2019 12:51pm Jul 10, 2019 12:51pm
Quoting paroucia
{quote} Hi EURCHF: i'm waiting to break trenline! {image} EURUSD: I;m in long! Green Pips
EURCHF Week 28 Jul 08 to 12

No trade ... Weekly small candles and are 'trapped' between its HMA and 5EMA ... SIDEWAYS market.

Note the Week 25 W1 big candle high-low.

Attached Image (click to enlarge)
Click to Enlarge Name: EURCHF Kul 11 W1 WCC 11-07-2019 01-43-26.png Size: 64 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,246
  • Jul 10, 2019 1:06pm Jul 10, 2019 1:06pm
USDJPY was moving down...
Attached Image (click to enlarge)
Click to Enlarge Name: usfjpy_H4.png Size: 74 KB


confirmed by D1 chart

Attached Image (click to enlarge)
Click to Enlarge Name: usfjpy_D1.png Size: 64 KB
  • #1,247
  • Jul 10, 2019 1:10pm Jul 10, 2019 1:10pm
EURUSD ^

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_H4.png Size: 73 KB


confirmed by D1 too

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_D1.png Size: 89 KB
  • #1,248
  • Jul 10, 2019 1:12pm Jul 10, 2019 1:12pm
Quoting handysniper
USDJPY was moving down... {image} confirmed by D1 chart {image}
Looks like retracement on 4H. Be careful
  • #1,249
  • Jul 10, 2019 1:15pm Jul 10, 2019 1:15pm
Quoting handysniper
EURUSD ^ {image} confirmed by D1 too {image}

two candles late on H4 ... early on D1

with European markets closed, .. it is USD play.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,250
  • Jul 10, 2019 1:34pm Jul 10, 2019 1:34pm
Quoting emmanuel7788
{quote} EURCHF Week 28 Jul 08 to 12 No trade ... Weekly small candles and are 'trapped' between its HMA and 5EMA ... SIDEWAYS market. Note the Week 25 W1 big candle high-low. {image}
Hi Emmanuel
I learnt something today. Thanks for your advice.
  • #1,251
  • Jul 10, 2019 2:39pm Jul 10, 2019 2:39pm
Quoting RobinHood
{quote} I KNEW when I wrote that that someone would question me on it, so I'll explain it now. I don't use support and resistance to make trading decisions. I only make trading decisions based on the indicators. BUT...when I see a previous low out in the middle of nowhere and the price has fallen about 350 pips, as it was in this case, I become "AWARE" of the previous support area, BUT I only make my trading decisions based on the indicators. And now, based on the solely on the indicators, I would be out of that trade.
Just one question if you make your your decisions only by the indicators at least your entries could be done automatically, no need to scan the charts manually or? I mean for what reason if you don’t care about S/R zones, News and so on.
  • #1,252
  • Edited 3:06pm Jul 10, 2019 2:52pm | Edited 3:06pm
Quoting RobinHood
{quote} Q1: YES Q2: I day traded all day every day for many years and I was also position trading at the same time. A world famous trader told me that day trading was akin to having a slot machine on your desk that you feed all day long, and he was right. After years of watching charts all day, the "waiting for moves" can become monotonous and boring, and then when good moves come, I find that there is much more stress associated with trading that way (along with the management of the trade) vs the 4 hr. and higher time frames. You can make money...
If you don’t „day trade“ the lower timeframes for pennies a few trades a month booking in small pips could be still enough to have the freedom you talk about don’t you think?

i would say it’s no different if you take only few trades for smaller pips on lower time frames with therefor larger position size or trade 4h, daily charts hunting for larger moves trading by less leverage.

You can still have the same freedom by clear defining a personal rule like „I don’t look/trade for more than 2 hours per day, no matter what happens“. So you don’t end up continuously looking for possible setups all day long, otherwise it’s no different
  • #1,253
  • Jul 10, 2019 2:55pm Jul 10, 2019 2:55pm
Quoting handysniper
EURUSD ^ {image} confirmed by D1 too {image}
Confirmed on D1?

On EU D1 i can see:
red HMA
HMA below Yellow MA
Both stochs below 50
RSI below 50.

Opposite situation is on UJ D1 chart.

On both charts there are candle colour change only. It is early bird, not trend change.
  • #1,254
  • Jul 10, 2019 3:21pm Jul 10, 2019 3:21pm
Guys,
Have just come across this thread. Gonna give it a go in demo and see what happens. keep up the good work.
  • #1,255
  • Jul 10, 2019 6:23pm Jul 10, 2019 6:23pm
Mid-week check... stress test.

New York market session closed 2 hours ago and we just passed the 3 days of this week.

I would take a look again at all my Weekly charts and see where I am and what I have done the last 3 trading days.

Did I picked the picked the pairs with the best setups?

Did I traded against the Weekly price action?

For example GBPJPY below, if I had made any buy H4 buy trade early this week, I would put myself under a lot more stress than necessary.

Very clear that both the HA and APB candles are bearish (red/maroon/salmon) and the complete candle size below its 5EMA... Do Not Buy!

And the Price and the HA/APB candles did not close below the HMA and the HMA has gone flat...

Time to cut loss for buyers.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Week 28 Jul 11 11-07-2019 07-08-53.png Size: 62 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,256
  • Jul 10, 2019 6:36pm Jul 10, 2019 6:36pm
anyone looking at GN ? looks good on daily weekly
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD.PNG Size: 65 KB
  • #1,257
  • Jul 10, 2019 6:43pm Jul 10, 2019 6:43pm
Quoting iwan73
{quote} Confirmed on D1? On EU D1 i can see: red HMA HMA below Yellow MA Both stochs below 50 RSI below 50. Opposite situation is on UJ D1 chart. On both charts there are candle colour change only. It is early bird, not trend change.
early bird gets its worm..
and the second mouse will get to enjoy the cheese.
Attached Image (click to enlarge)
Click to Enlarge Name: early bird second mouse.png Size: 623 KB


WAIT...! for the setup to be complete on that timeframe you trade.

Look at Weekly...

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Week 28 Jul 11 SYD 11-07-2019 07-37-51.png Size: 94 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,258
  • Jul 10, 2019 6:50pm Jul 10, 2019 6:50pm
Quoting PhillipmC
anyone looking at GN ? looks good on daily weekly {image}

Yes.. Weekly and Daily CONTINUATION.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,259
  • Jul 10, 2019 9:51pm Jul 10, 2019 9:51pm
Is anyone else watching this? I think there may be one more push up before we get all conditions met but I am keeping my finger on the pulse. Curious to see what other folks are looking at.

Best,
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2019-07-10 at 7.50.10 PM.png Size: 480 KB
  • #1,260
  • Jul 10, 2019 11:10pm Jul 10, 2019 11:10pm
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