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  • Post #981
  • Quote
  • Jun 25, 2020 9:12pm Jun 25, 2020 9:12pm
  •  Sang.Real
  • | Additional Username | Joined Mar 2020 | 1,607 Posts
Quoting gerval
Disliked
Hi. In this graph there is no trend, also with the wicks that are. In the candles, I don't see that it's a good pair to use right now.
Ignored

Hi Gerval.

How about this set up ?.

Is this a good pair to trade.

If not... can you describe it for Newbie like me to learn.

Thank You

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In this case, you may say all good trends come to an end.

In many cases, that last attempt to participate in a trend will end in a loss.

We may more likely to take a loss as the reversal draws near. ( if price reverse)

As a result, we become increasingly reluctant to participate in established trends.

We begin guessing when the trend will be over and, as the trend progresses, they become less and less inclined to trade.

Meanwhile, the trend continues on without them.
 
 
  • Post #982
  • Quote
  • Jun 26, 2020 1:40am Jun 26, 2020 1:40am
  •  Callidor
  • | Joined Mar 2017 | Status: Member | 26 Posts
Quoting xmess7
Disliked
EA UPDATE: Version 10 (FOLKS from now on please PM me with EA issue) DownLoad is ready at: xm7_Magic100_EA_v10.ex4 SOOOORRY FOLKS! Forgot to activate the symbol buttons on both rev 8 and 9... so its all good on version 10. Wow version 10... will we reach 100?? LOL. ENJOY! Jess {file}
Ignored
Thank you!!!

But why your EAs not work in strategy tester?
 
 
  • Post #983
  • Quote
  • Jun 26, 2020 1:43am Jun 26, 2020 1:43am
  •  mmurat
  • | Joined Feb 2020 | Status: Member | 20 Posts
[quote = xmess7; 13025558] EA GÜNCELLEME: Sürüm 10 (şu andan itibaren FOLKS lütfen EA sorunu ile bana PM) DownLoad hazır: xm7_Magic100_EA_v10.ex4 SOOOORRY FOLKS! Hem rev 8 hem de 9'daki sembol düğmelerini etkinleştirmeyi unuttum ... bu yüzden hepsi sürüm 10'da iyi. Vay be 10 sürümü ... 100'e ulaşacak mıyız ?? LOL. ZEVK ALMAK! Jess {dosya} [/ quote]

thank you
the installation of the new version did not happen

020.06.26 08:20:26.682 Cannot call 'wininet.dll::InternetOpenW', DLL is not allowed

2020.06.26 08:20:26.682 xm7_Magic100_EA_v10 EURUSD,H1: unresolved import function call

2020.06.26 08:20:26.684 xm7_Magic100_EA_v10 EURUSD,H1: not initialized

2020.06.26 08:20:26.684 xm7_Magic100_EA_v10 EURUSD,H1: uninit reason 8
 
 
  • Post #984
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  • Jun 26, 2020 2:17am Jun 26, 2020 2:17am
  •  xmess7
  • Joined Nov 2008 | Status: Member | 4,791 Posts
Quoting mmurat
Disliked
[quote = xmess7; 13025558] EA GÜNCELLEME: Sürüm 10 (şu andan itibaren FOLKS lütfen EA sorunu ile bana PM) DownLoad hazır: xm7_Magic100_EA_v10.ex4 SOOOORRY FOLKS! Hem rev 8 hem de 9'daki sembol düğmelerini etkinleştirmeyi unuttum ... bu yüzden hepsi sürüm 10'da iyi. Vay be 10 sürümü ... 100'e ulaşacak mıyız ?? LOL. ZEVK ALMAK! Jess {dosya} [/ quote] thank you the installation of the new version did not happen 020.06.26 08:20:26.682...
Ignored
Make sure you have 'Allow DLLs' checked in appropriate spots. That the dll wininet.dll is used in the previous versions and is working.
you just need to make sure your MT4 setup is accepting DLLs. Refer to following images.

Thnx
Jess
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Our AWESOME IMAGINATION is the true holy grail!
 
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  • Post #985
  • Quote
  • Jun 26, 2020 2:23am Jun 26, 2020 2:23am
  •  xmess7
  • Joined Nov 2008 | Status: Member | 4,791 Posts
EA UPDATE: Version 11 (FOLKS from now on please PM me with EA issue)

Download is ready at:
xm7_Magic100_EA_v11.ex4

Per popular request I have added the option to change the EMA Period. You will find this new input in the "Additional Inputs" section.
ENJOY!

Jess
PS: Latest EA version and info can be found at https://github.com/xmess7/Magi100
Attached File
File Type: txt POST_MAG100EA_UPLOAD.txt   < 1 KB | 66 downloads
Our AWESOME IMAGINATION is the true holy grail!
 
 
  • Post #986
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  • Jun 26, 2020 3:38am Jun 26, 2020 3:38am
  •  rrr2010
  • | Joined Feb 2018 | Status: Member | 49 Posts
@sang.real
just an idea for you and the other traders, in order to identify a trend maybe you can set besides ema100 on H1 also ema400 that will show you where's the ema100 on a H4 TF. the positions of ema100 to ema400 will tell you if that's a trend you'll want to jump in. take a look at the chart and tell yourself if you would take your last buys again
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2
  • Post #987
  • Quote
  • Edited at 6:22am Jun 26, 2020 6:04am | Edited at 6:22am
  •  kapybara
  • | Joined Aug 2010 | Status: Member | 167 Posts
Quoting Sang.Real
Disliked
{quote} Hi Gerval. How about this set up ?. Is this a good pair to trade. If not... can you describe it for Newbie like me to learn. Thank You {image}{image}{image} In this case, you may say all good trends come to an end. In many cases, that last attempt to participate in a trend will end in a loss. We may more likely to take a loss as the reversal draws near. ( if price reverse) As a result, we become increasingly reluctant to participate in established trends. We begin guessing when the trend will be over and, as the trend progresses, they become...
Ignored
Hi,

My advise would be going through thread and see trade examples posted from all guys/gals here, especially ones that mastered it (Minotawr, Teapeak, PeterE (incorporated structure), etc...). That's what I do. Also my observations are:
- wait for Frankfurt/London open and take setups after that time
- wait for deeper retrace (if there is not enough space between entry and recent high/low, it tends to fail to break it and returns deeper to establish new setup/opportunity - your GU example today)

Check your trade for GU today later entry (even inside bar gives more hint to go for this one)
Attached Image

Same with EU today (distance from low gives more room to successful trade)
Attached Image


So study charts.

Thanks Minotawr, thank you all guys/gals.
 
2
  • Post #988
  • Quote
  • Jun 26, 2020 7:13am Jun 26, 2020 7:13am
  •  youngjosh
  • | Joined Feb 2020 | Status: Member | 40 Posts
watchlist EU
 
 
  • Post #989
  • Quote
  • Jun 26, 2020 11:24am Jun 26, 2020 11:24am
  •  Sang.Real
  • | Additional Username | Joined Mar 2020 | 1,607 Posts
GBP USD


Today trade with simple set up.

Targeted the H4 Support zone.

Goodnite all

Have a good weekend.

See you next week.
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  • Post #990
  • Quote
  • Jun 26, 2020 11:29am Jun 26, 2020 11:29am
  •  Sang.Real
  • | Additional Username | Joined Mar 2020 | 1,607 Posts
Quoting Sang.Real
Disliked
GBP USD Today trade with simple set up. Targeted the H4 Support zone. Goodnite all Have a good weekend. See you next week. {image} {image}
Ignored

GBP USD


Here is The Target Zone in detail with H4 TF Chart for clarity
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1
  • Post #991
  • Quote
  • Jun 26, 2020 11:42am Jun 26, 2020 11:42am
  •  Sang.Real
  • | Additional Username | Joined Mar 2020 | 1,607 Posts
EUR JPY


Next week set up

Going with Second Method set up.

First method may not be feasible as the SL are huge.

Any comment and views from senior/professional traders in this thread are welcome.

See you next week.
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  • Post #992
  • Quote
  • Edited Jun 28, 2020 2:48am Jun 27, 2020 7:57pm | Edited Jun 28, 2020 2:48am
  •  septell
  • | Joined Sep 2010 | Status: Member | 19 Posts
Quoting Sang.Real
Disliked
GBP USD Today trade with simple set up. Targeted the H4 Support zone. Goodnite all Have a good weekend. See you next week. {image} {image}
Ignored
What's your singnal bar on GU?
 
 
  • Post #993
  • Quote
  • Jun 28, 2020 4:31pm Jun 28, 2020 4:31pm
  •  Minotawr
  • Joined Mar 2019 | Status: Member | 250 Posts
Good evening guys, i hope everything is good and everybody is healthy

Keep an eye on the GBP pairs next days, i see many good setups ahead
 
3
  • Post #994
  • Quote
  • Jun 28, 2020 11:43pm Jun 28, 2020 11:43pm
  •  MichaelG
  • Joined May 2015 | Status: Member | 379 Posts
Quoting Sang.Real
Disliked
EUR JPY Next week set up Going with Second Method set up. First method may not be feasible as the SL are huge. Any comment and views from senior/professional traders in this thread are welcome. See you next week. {image} {image}
Ignored

Hi Sang.Real.

This method clearly states that there MUST be a trend in place to enable you to trade.

For me....I will look to a higher time frame to look for "overall" trend. Personally, I prefer to see the Daily (and or) Weekly displaying a good trend before looking at the H4 or H1 for a possible setup.

In my opinion, the EURJPY is not currently displaying a trend on the D1. It is in a "sideways" move currently, and therefore, in my opinion, should be overlooked as a pair to trade. "Nothing to see here" as the saying goes. Look elsewhere for a trending pair.

I hope that helps.
Cheers
Michael

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3
  • Post #995
  • Quote
  • Jun 29, 2020 2:45am Jun 29, 2020 2:45am
  •  Sang.Real
  • | Additional Username | Joined Mar 2020 | 1,607 Posts
Quoting MichaelG
Disliked
{quote} Hi Sang.Real. This method clearly states that there MUST be a trend in place to enable you to trade. For me....I will look to a higher time frame to look for "overall" trend. Personally, I prefer to see the Daily (and or) Weekly displaying a good trend before looking at the H4 or H1 for a possible setup. In my opinion, the EURJPY is not currently displaying a trend on the D1. It is in a "sideways" move currently, and therefore, in my opinion, should be overlooked as a pair to trade. "Nothing to see here" as the saying goes. Look elsewhere...
Ignored

Hi MichaelG,

Thankyou for the kind words.

Your comments have always been appreciated by me!

Your a very precise trader and I admire that. Thanks for your excellent view on my set up.

I hope you the best as well mate.

As Newbie, I still got a long way to learn to become an expert trader like you.

I will continue posting and asking some stupid (newbie) question. Hope will learn to become better trader, one day.

I hope , all of you will bear with me because I'm still learning.


May you gain lot of green pips this week.

Sincerely

Sang.Real

 
1
  • Post #996
  • Quote
  • Jun 29, 2020 5:05am Jun 29, 2020 5:05am
  •  Sang.Real
  • | Additional Username | Joined Mar 2020 | 1,607 Posts
EUR JPY


I'm placing live trade at London Open, with sell order using H4 set up.

Price broke 100ema on H4 and testing the level.

Price is making lower high and broken several supports pas week.

Since price is consolidating, I waiting for rejection at Resistant Level. Placed Sell Limit at Resistant Zone.

Small lot for Sell Limit with minimum risk of 15.5 pips SL.

Since it's in a huge state of consolidation. This means we are ready for a big trending move.

In a situation like this I would not only wait for the hourly candle get rejected, and going for a price breakout as well!

The second order is Sell Stop placed below the reversal candle.

When price trades in a narrow range, It builds energy for the next move.

The longer price remains constricted, the more energy it builds and so the bigger the breakout move is expected.

Now, waiting for Price to hit the Limit Order.

This is Newbie set up not meant for trade signal. Enter at your own risk.


Sang.Real
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  • Post #997
  • Quote
  • Jun 29, 2020 5:23am Jun 29, 2020 5:23am
  •  ingo3344
  • | Joined Jan 2020 | Status: Member | 359 Posts
Thank you Minotawr, for the hint
 
1
  • Post #998
  • Quote
  • Jun 29, 2020 5:52am Jun 29, 2020 5:52am
  •  Northumbrian
  • | Joined Sep 2017 | Status: Member | 78 Posts
Hello everyone.

Just been looking over this thread this weekend.

Just spotted a buy trade and in it already (manually as it had already passed the buy stop) EURUSD 1 Hour.

Price 1.2579, TP 1.2720, SL 1.12426.

See how it goes
 
 
  • Post #999
  • Quote
  • Jun 29, 2020 6:01am Jun 29, 2020 6:01am
  •  Northumbrian
  • | Joined Sep 2017 | Status: Member | 78 Posts
Job done.

Just a small nibble. good start to the week.

Regards, N
 
1
  • Post #1,000
  • Quote
  • Jun 29, 2020 6:43am Jun 29, 2020 6:43am
  •  Sang.Real
  • | Additional Username | Joined Mar 2020 | 1,607 Posts
USD CAD


Stop Order

SL below retracement candle
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