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  • #2,401
  • Aug 5, 2019 4:10am Aug 5, 2019 4:10am
Quoting 40PipsAlan
{quote} Yeah I am in. {image}
Nice! But maybe a candle too late?
Detach yourself from the value of money - Mr. Pip
  • #2,402
  • Aug 5, 2019 4:15am Aug 5, 2019 4:15am
EURAUD Week 32 Aug 05 - Weekly crossover setup

same trade different template

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Week 32 Aug 05 TMSr trades 05-08-2019 17-07-19.png Size: 60 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,403
  • Edited 5:26am Aug 5, 2019 4:21am | Edited 5:26am
Quoting 40PipsAlan
GBP/JPY continue down? {image}
I would be looking for rallies to sell beginning with m15. But that is just what I would do. We won't know if the rally turns into a trend change until after the fact.

However, I took a closer look at all of the charts. This COULD be the start of a rally to the daily chart. The H4 has already done a rally and continuation, and H1 indicates that the continuation leg of H4 has also done a rally and continuation, so can be the end of the H1 continuation down. This last continuation leg of H1 can also be completed because m15 has rallied and continued, and has now clearly started up and has already exceeded the previous high. Therefore, it is highly probable that it will make a pullback then a continuation up. Therefore, when it started the pullback, I watch m5 for the end of the m15 pullback to exit.
But that's just my opinion, not any kind of trading advice.
To free Gazans of Hamas, use whatever it takes.
  • #2,404
  • Aug 5, 2019 4:32am Aug 5, 2019 4:32am
Quoting Supreme1394
{quote} @emmanuel7788 Could you share your thoughts on this sir? Sorry for the bother.

there is a pdf in Post#1538

Using Multi-Lot Positions ....

study that and if you still have question, ask me again.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,405
  • Aug 5, 2019 5:10am Aug 5, 2019 5:10am
First of all I just want to say a BIG THANK YOU to RobinHood, Emmanuel and Swingman for sharing their respective knowledge, tools and to all the others who had been making contributions on this thread. This thread has made me sign up here on FF. How I wish RH has started and that I have come across this thread when I was just starting to learn/search about trading. It would have SAVED ME A LOT OF $$$$ spent on trading books (technical analysis), joining fees for 'training', EAs, etc. which never worked for me! Maybe it's my brain!!

It's been a BIG help for me who is on the verge (still hanging/dangling???) of losing and giving up hope in making/using trading as a means of earning a living at least on a partial basis. After reading the entire thread to date, I think I've found the 'tools' that I felt had been missing to complete my trading arsenal. I feel this would help me overcome my tendency to doubt my analysis once I have practiced using this methods. Of course, I still have to work on the psychology and money management which are the 2 most important aspects in trading.

Incidentally, I am having trouble loading the indicators, templates onto my MT4 chart. I attempted to load the smTMMS Osc v2 from SwingMan's thread LazyHashi and managed to save it under EA on the MT4 but I couldn't get it to show on the chart??? And had the same problem with the template 1 & 2 zip file that RH shared for downnload from Page 1 which I saved on my computer's desktop as instructed when I googled how to download/save for MT4s???

Are all those indis that SwingMan shared supposed to be saved under EA file of MT4?

My apologies for raising the above query here instead of on SwingMan's LazyHashi thread. FF wouldn't allow me to post anything being a "Junior member" only??

Thanks in advance!
  • #2,406
  • Aug 5, 2019 5:52am Aug 5, 2019 5:52am
Quoting emmanuel7788
{quote} there is a pdf in Post#1538 Using Multi-Lot Positions .... study that and if you still have question, ask me again.
Thank you, I will read it.
Detach yourself from the value of money - Mr. Pip
  • #2,407
  • Edited 10:07am Aug 5, 2019 6:07am | Edited 10:07am
Quoting DrDave
post #2410 This last continuation leg of H1 can also be completed because m15 has rallied and continued, and has now clearly started up and has already exceeded the previous high. Therefore, it is highly probable that it will make a pullback then a continuation up.
GBPJPY m15

pullback, continuation up...
The charts are speaking to you. Do you know their language?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 26 KB
To free Gazans of Hamas, use whatever it takes.
  • #2,408
  • Aug 5, 2019 6:09am Aug 5, 2019 6:09am
Quoting j4u
First of all I just want to say a BIG THANK YOU to RobinHood, Emmanuel and Swingman for sharing their respective knowledge, tools and to all the others who had been making contributions on this thread. This thread has made me sign up here on FF. How I wish RH has started and that I have come across this thread when I was just starting to learn/search about trading. It would have SAVED ME A LOT OF $$$$ spent on trading books (technical analysis), joining fees for 'training', EAs, etc. which never worked for me! Maybe it's my brain!! It's been a BIG...
They are all indicators and go in the MT4 indicator folder. only the dashboard goes in the MT4 experts folder.
The templates go in the MT4 templates folder
  • #2,409
  • Aug 5, 2019 6:10am Aug 5, 2019 6:10am
Quoting DrDave
{quote} GBPJPY m15 pullback, continuation up... The charts are speaking to you. Do you know their language? {image}
yeah its klingon!
  • #2,410
  • Aug 5, 2019 6:12am Aug 5, 2019 6:12am
Quoting j4u
First of all I just want to say a BIG THANK YOU to RobinHood, Emmanuel and Swingman for sharing their respective knowledge, tools and to all the others who had been making contributions on this thread. This thread has made me sign up here on FF. How I wish RH has started and that I have come across this thread when I was just starting to learn/search about trading. It would have SAVED ME A LOT OF $$$$ spent on trading books (technical analysis), joining fees for 'training', EAs, etc. which never worked for me! Maybe it's my brain!! It's been a BIG...
And remember to close mt4 down and restart it after putting the indicators in their relevant folders.
  • #2,411
  • Aug 5, 2019 6:13am Aug 5, 2019 6:13am
Quoting 40PipsAlan
{quote} yeah its klingon!
LOL. Then I know a little Kingon without realizing it! I took my daily target of 10 pips on that pullback.
It's taking candy from a baby!
Candy=pips, baby=unwise retail traders
To free Gazans of Hamas, use whatever it takes.
  • #2,412
  • Aug 5, 2019 6:43am Aug 5, 2019 6:43am
Quoting emmanuel7788
EURAUD Week 32 Aug 05 - Weekly crossover setup same trade different template {image}
wow, wow and double wow.
  • #2,413
  • Aug 5, 2019 6:43am Aug 5, 2019 6:43am
Quoting SwingMan
{quote} The dashboard works for me and other users! Maybe you have to wait for the data to be updated for all pairs and timeframes.
I found the problem, in my market watch section it was set to display all, so this overloaded the ea, you must set it to forex only and add what you want to then it works fine. Thanks for this.....
  • #2,414
  • Aug 5, 2019 6:57am Aug 5, 2019 6:57am
I have taken buy trades on EURJPY & EURUSD. Please advise if I have acted well, used good observation? Strengths and weaknesses of the trades?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPY.jpg Size: 607 KB
Click to Enlarge Name: EURUSD.jpg Size: 704 KB
  • #2,415
  • Aug 5, 2019 7:09am Aug 5, 2019 7:09am
Quoting itsDavid
I have taken buy trades on EURJPY & EURUSD. Please advise if I have acted well, used good observation? Strengths and weaknesses of the trades? {image} {image}
If you are going by RobinHood's rules, you are too early on EJ h4 and too early for Daily EU.
Success means going from failure to failure without loss of enthusiasm
  • #2,416
  • Aug 5, 2019 7:18am Aug 5, 2019 7:18am
Quoting itsDavid
I have taken buy trades on EURJPY & EURUSD. Please advise if I have acted well, used good observation? Strengths and weaknesses of the trades? {image} {image}
Did you check the values of RSI and the stochastics before you entered? It looks to me like they are all BELOW 50, but need to be ABOVE 50 to enter.
To free Gazans of Hamas, use whatever it takes.
  • #2,417
  • Aug 5, 2019 7:25am Aug 5, 2019 7:25am
Thanks both of you for that. Of course, I will be more careful to correctly observe the stochastics in future. I really appreciate the criticism.
  • #2,418
  • Aug 5, 2019 7:49am Aug 5, 2019 7:49am
Quoting itsDavid
I have taken buy trades on EURJPY & EURUSD. Please advise if I have acted well, used good observation? Strengths and weaknesses of the trades? {image} {image}
A DISCIPLINE trader must have specific trading hours.

Since we have anew Weekly open today, start look for Weekly setups.

If no setups, then the next step is to...
Look for Daily trade only when the previous day closed and a new day open.

During the day, there are 6 H4 candle period to look for H4 trades.
You missed the new D1 open today and there was no D1 setup for both EURUSD and EURJPY.

Then you follow up and look for H4 setups, you would be in a EURUSD H4 trade and be in the money.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,419
  • Aug 5, 2019 7:59am Aug 5, 2019 7:59am
good morning, any this see the chart crude in h4, this is for enter?
Attached Image (click to enlarge)
Click to Enlarge Name: post3.png Size: 90 KB
  • #2,420
  • Aug 5, 2019 8:20am Aug 5, 2019 8:20am
Quoting emmanuel7788
{quote} A DISCIPLINE trader must have specific trading hours. Since we have anew Weekly open today, start look for Weekly setups. If no setups, then the next step is to... Look for Daily trade only when the previous day closed and a new day open. During the day, there are 6 H4 candle period to look for H4 trades. You missed the new D1 open today and there was no D1 setup for both EURUSD and EURJPY. Then you follow up and look for H4 setups, you would be in a EURUSD H4 trade and be in the money.
Thank you for the advice. I am trying to work towards that, and am still learning when the best times for me are. I haven't looked the weekly yet at the start of the week (good idea!), but I have already started checking the dailies for entries when the open (midnight here), I caught a decent overnight trade on CADCHF last night that way in fact. I didn't actually miss the D1 open on any, I checked all at midnight before bed, I just didn't see entries. The D1 trade you see here is actually a rookie mistake, I thought I was looking at the H4! Won't make that mistake again. Doh.

I am planning on setting aside three specific times of the day to check the charts. Midnight from Sunday to Thursday for the dailys, and then two (to be decided) times to check the 4hrs. (Three checks, Midnight, Noon, 4pm I think) Does this sort of plan sound correct?
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