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How Wags Trades - TAS System

  • #101
  • Jun 18, 2020 2:57am Jun 18, 2020 2:57am
Quoting kleybenny
Thank you very much WAGS for this nice approach to trade the markets. You explained it very well and the template and tools are working perfectly. Thank you for the tool which changes the pair in two widows on two different time frames. That's amazing! Thank you for your generosity to share.

Thank you for the kind comments

Chris made the pair change tool and its so great to use, makes scanning charts so easy
  • #102
  • Jun 18, 2020 3:03am Jun 18, 2020 3:03am
I will be very disapointed if my EC trade didnt make a push south today considering all other EUR pairs are looking bearish, but the market is its own animal so we shall see

Attached Image (click to enlarge)
Click to Enlarge Name: eurchf-h1-oanda-division7.png Size: 65 KB
  • #103
  • Jun 18, 2020 3:31am Jun 18, 2020 3:31am
Quoting Wags
I will be very disapointed if my EC trade didnt make a push south today considering all other EUR pairs are looking bearish, but the market is its own animal so we shall see {image}
Worth considering - EU will have meeting about big funds to help or aid countries within the union during the Corona. The decisions they make coming days might move currency either way.
  • #104
  • Jun 18, 2020 3:44am Jun 18, 2020 3:44am
Hey Wags, Seeing the behaviour of Euro, would you suggest taking trades at this point specifically pointing at the EURAUD in your recent chart?
  • #105
  • Jun 18, 2020 3:56am Jun 18, 2020 3:56am
Quoting drsa1970
{quote} Hi Paul, Thanks for sharing your strategy which looks great, and I have started to test it on demo, Paul, have you ever tried this strategy on higher TF such as H4 and D1?

Hi drsa

Yes i often look at higher timeframes , i do not like anything lower than H1 with this though, im currently in EC trade and if i had larger account i would have been in a lot earlier on the Daily TF

Attached Image (click to enlarge)
Click to Enlarge Name: eurchf-d1-oanda-division7-3.png Size: 68 KB
  • #106
  • Jun 18, 2020 3:57am Jun 18, 2020 3:57am
Quoting Sandberg
{quote} Worth considering - EU will have meeting about big funds to help or aid countries within the union during the Corona. The decisions they make coming days might move currency either way.

Will let it ride and see what happens as we are already in profit and hopefully be in more when meeting happens
  • #107
  • Jun 18, 2020 3:58am Jun 18, 2020 3:58am
Quoting Wags
{quote} Hi drsa Yes i often look at higher timeframes , i do not like anything lower than H1 with this though, im currently in EC trade and if i had larger account i would have been in a lot earlier on the Daily TF {image}
Yes, great setup, and with this, you made me more confident trading in higher TF

Thank you
If you don't build your DREAM, Someone will hire to help build theirs ...
  • #108
  • Jun 18, 2020 4:45am Jun 18, 2020 4:45am
Something brewing on EURGBP

Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp-h1-oanda-division7.png Size: 73 KB
  • #109
  • Edited 6:33am Jun 18, 2020 4:51am | Edited 6:33am
Hi Wags

Methodology looks interesting. Hope you share more. I have a attached big round number indy that works well.
Attached File(s)
File Type: ex4 BN Levels v1.02 (1).ex4   15 KB | 443 downloads
  • #110
  • Jun 18, 2020 5:08am Jun 18, 2020 5:08am
Quoting ozziedave
Hi Wags Methodology looks interesting. Hope you share more. I have a attached bu\ig round number indy that works well. {file}

Thanks for that, will be updating as much as i can
  • #111
  • Jun 18, 2020 5:48am Jun 18, 2020 5:48am
Interesting to see what GBP news comes out like in a few minutes, Ive always seen patterns like these before news and predict the news based on this

GBP = Stronger

What do you think?
  • #112
  • Jun 18, 2020 6:06am Jun 18, 2020 6:06am
Unchanged news will spike GBP momentarily but GBP still decline downwards?.

The market manipulators can move the market however they like using news ... it's an old technique
  • #113
  • Jun 18, 2020 6:14am Jun 18, 2020 6:14am
Quoting Rafaz1
Unchanged news will spike GBP momentarily but GBP still decline downwards?. The market manipulators can move the market however they like using news ... it's an old technique

Market manipulation right there

Attached Image (click to enlarge)
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  • #114
  • Jun 18, 2020 6:17am Jun 18, 2020 6:17am
Quoting ozziedave
Hi Wags Methodology looks interesting. Hope you share more. I have a attached bu\ig round number indy that works well. {file}
Hi is there a way to have this indicator MQL4 file, the reason I ask is that i would like to control the length of the lines and where I would like them displayed, for example, i don't like the lines being drawn all the way across the right-handside of the screen.

Attached screen shot
Attached Image (click to enlarge)
Click to Enlarge Name: Round Numbers Indicator.PNG Size: 10 KB
  • #115
  • Jun 18, 2020 6:18am Jun 18, 2020 6:18am
Quoting Wags
Interesting to see what GBP news comes out like in a few minutes, Ive always seen patterns like these before news and predict the news based on this GBP = Stronger What do you think?
+++++++++++++++++++++++++
Gbp did get a big bump. Settling a bit now.

Big Cad news in about an hour, also $. I'm guessing that by using larger stops, most news is inconsequential.
  • #116
  • Jun 18, 2020 6:25am Jun 18, 2020 6:25am
Quoting diamonddbw
{quote} +++++++++++++++++++++++++ Gbp did get a big bump. Settling a bit now. Big Cad news in about an hour, also $. I'm guessing that by using larger stops, most news is inconsequential.

Thats why i based my stops on the ATR of each pair rather than pivot points in the market, usually gives enough room
  • #117
  • Jun 18, 2020 7:05am Jun 18, 2020 7:05am
Gbp Pump & Dump!

White Collar Priviledge. I know of a guy that was doing a Pump & Dump on a penny stock. FBI rounded him up in short order. He's in Panama, last I heard.
  • #118
  • Jun 18, 2020 7:44am Jun 18, 2020 7:44am
Quoting Wags
Only a couple of setups that really catch my eye for entry this morning, all other entry has passed atm but could be few that start to appear as the day gos on EURAUD {image} EURCAD {image}
++++++++++++++++++++++++

Wags, on your post #100, EurAud, and EurCad, both are showing Convergence. Is this also a thing?
  • #119
  • Jun 18, 2020 8:43am Jun 18, 2020 8:43am
Quoting diamonddbw
{quote} ++++++++++++++++++++++++ Wags, on your post #100, EurAud, and EurCad, both are showing Convergence. Is this also a thing?

Do you mean Correlation?
  • #120
  • Jun 18, 2020 8:51am Jun 18, 2020 8:51am
Quoting Wags
{quote} Do you mean Correlation?
+++++++++++++++++++++++
No. We are usually drawing lines which are opposed to one another. Post 100 shows lines going at the same angle. Just wondered why you liked those two.
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