Islander and Medici trade the European open | Page 312 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Highest Open / Lowest Open Trade 21,189 replies

As complicated as necessary: Highest Open / Lowest Open Trade 861 replies

Getting a handle to open trades in the open trade tab 3 replies

EA to open trade on Next Candle open (help please) 4 replies

Medici trades the London open 435 replies

Attachments: Islander and Medici trade the European open
Exit Attachments

Islander and Medici trade the European open

  • #6,221
  • Mar 10, 2022 1:34am Mar 10, 2022 1:34am
Dax M60
Attached Image (click to enlarge)
Click to Enlarge Name: mar10 dax m60 0733.png Size: 94 KB
Trading Levels with WRBs
  • #6,222
  • Mar 10, 2022 1:43am Mar 10, 2022 1:43am
Quoting OAPDave
{quote} Hi medici Only you can be the judge of weather it is a help or hindrance to your trading TBH my eyes are a little tired so not too sure of your entry or exits Thanks for taking the time and trouble to have a look Dave ps Keep me informed how you go please
Thanks, no, I wouldn't trade off a 15m chart What I like about this one is that it replicates the EMA800@1m together with the hourly EMAs, which gives a big picture view and allows for a bit of strategizing for the day.
  • #6,223
  • Mar 10, 2022 2:21am Mar 10, 2022 2:21am
Quoting medici
{quote} Thanks, no, I wouldn't trade off a 15m chart What I like about this one is that it replicates the EMA800@1m together with the hourly EMAs, which gives a big picture view and allows for a bit of strategizing for the day.

Me neither, I'm down in the weeds on M1 & S20

Also, I prefer a cleaner chart and take the keltner channels approach with on ly two bands....

Yesterday's XO
Attached Image (click to enlarge)
Click to Enlarge Name: mar9 dax m1 xo.png Size: 59 KB
Trading Levels with WRBs
  • #6,224
  • Mar 10, 2022 2:22am Mar 10, 2022 2:22am
Attached Image (click to enlarge)
Click to Enlarge Name: GER30M15d.png Size: 87 KB
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GER30M15e.png Size: 120 KB
Click to Enlarge Name: GER30M15f.png Size: 106 KB
  • #6,225
  • Mar 10, 2022 2:23am Mar 10, 2022 2:23am
and today's
Attached Image (click to enlarge)
Click to Enlarge Name: mar10 dax m1 0822.png Size: 46 KB
Trading Levels with WRBs
  • #6,226
  • Mar 10, 2022 3:12am Mar 10, 2022 3:12am
It is not my intention to offend anyone but as we seem to trade in a similar style, though I would show what I have learned on my trading apprenticeship, warts and all.
If I over step the mark please say and I will delete with no offence taken
Dave
ps
My Mentors have been
Parisboy Nih98 MurreyMaths
and thanks to
Xard777 Sohocool
  • #6,227
  • Mar 10, 2022 4:12am Mar 10, 2022 4:12am
Quoting OAPDave
It is not my intention to offend anyone but as we seem to trade in a similar style, though I would show what I have learned on my trading apprenticeship, warts and all. If I over step the mark please say and I will delete with no offence taken Dave ps My Mentors have been Parisboy Nih98 MurreyMaths and thanks to Xard777 Sohocool
Oh, your presence here is most appreciated, and I have really enjoyed your posts I tend not to take things personally, so please feel free not to point out any areas for improvement on my part. And I believe Islander joins me in extending a warm welcome to you
  • #6,228
  • Mar 10, 2022 5:26am Mar 10, 2022 5:26am
Quoting medici
{quote} Oh, your presence here is most appreciated, and I have really enjoyed your posts I tend not to take things personally, so please feel free not to point out any areas for improvement on my part. And I believe Islander joins me in extending a warm welcome to you
Thank you
You can see at what point of my learning curve I am at, so I am looking for you and Islander to add more
  • #6,229
  • Mar 10, 2022 7:46am Mar 10, 2022 7:46am
As far as I am concerned, the more traders who post here on intra-day trading of Dax & Nas, the better.

We are all here to improve our trading, bank green ones and help others to do the same
Trading Levels with WRBs
  • #6,230
  • Mar 10, 2022 8:01am Mar 10, 2022 8:01am
I was AFK after the first half hour from XO and before I left I posted in our chart that the 13,400 area was my first target.

There was a great confluence of the 382 retrace, a POC level & it was in the M15 WRB from 09:15 yesterday.....

The actual fall from XO was 465 pts right into that area - as Tom W would say, a Bushy Hedged hit on the BRN. RIP Tom and thanks for your VSA
Attached Image (click to enlarge)
Click to Enlarge Name: mar10 dax m15 1350.png Size: 85 KB
Trading Levels with WRBs
  • #6,231
  • Edited 9:16am Mar 10, 2022 8:07am | Edited 9:16am
Attachment g
Attached Image (click to enlarge)
Click to Enlarge Name: GER30M30b.png Size: 112 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GER30M15c.png Size: 100 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GER30M1d.png Size: 107 KB
  • #6,232
  • Mar 10, 2022 8:42am Mar 10, 2022 8:42am
Thanks Dave and my M1

Watch the WRBs & levels .....bands are dynamic levels
Attached Image (click to enlarge)
Click to Enlarge Name: mar10 dax m1 1440.png Size: 114 KB
Trading Levels with WRBs
  • #6,233
  • Mar 10, 2022 8:58am Mar 10, 2022 8:58am
Thanks Islander
Just got to catch up with all your and medica terminology

Here is my kitchen sink 1 min view, with the need for sunglasses
Attached Image (click to enlarge)
Click to Enlarge Name: GER30M1e.png Size: 101 KB
  • #6,234
  • Mar 10, 2022 9:16am Mar 10, 2022 9:16am
Update
30min & 1min combo
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GER30M30a.png Size: 116 KB
Click to Enlarge Name: GER30M1b.png Size: 100 KB
  • #6,235
  • Mar 10, 2022 9:55am Mar 10, 2022 9:55am
Dax M1 updated

If you are an intra day trader and you didn't Buy at either of the THREE HIGHER LOWS - go back to school or find something elase to do!
Attached Image (click to enlarge)
Click to Enlarge Name: mar10 dax m1 1557.png Size: 110 KB
Trading Levels with WRBs
  • #6,236
  • Mar 10, 2022 12:24pm Mar 10, 2022 12:24pm
In the new spirit of sharing I thought I'd share a favourite of mine. It's a 6.7 ATR channel around a 400 period Hull moving average, combined with candles coloured depending on whether they close above or below LWMA13. Two indicators - as simple as it gets, and very effective. Below the two halves of today.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot 2022-03-10 at 18.20.13.png Size: 157 KB
Click to Enlarge Name: Screenshot 2022-03-10 at 18.21.01.png Size: 153 KB
  • #6,237
  • Mar 10, 2022 12:24pm Mar 10, 2022 12:24pm
Quoting Islander
Dax M1 updated If you are an intra day trader and you didn't Buy at either of the THREE HIGHER LOWS - go back to school or find something elase to do! {image}
Sadly true, but funny at the same time
Thought it was wise not to get involved with actual trading today as I had an Eye Test appointment at 10:15 this morning and as I am Diabetic had a Screening Test at 4.15 this afternoon, my eyes have not even fully cleared from the drops used yet
Hey I am sure there will be another bus go by tomorrow that I can hop on, when hopefully I can see as clear as you

ps
Nice Chart , Good Trade and Impressive Trading Plan
Thanks for the post
Dave
  • #6,238
  • Mar 10, 2022 12:30pm Mar 10, 2022 12:30pm
Quoting medici
In the new spirit of sharing I thought I'd share a favourite of mine. It's a 6.7 ATR channel around a 400 period Hull moving average, combined with candles coloured depending on whether they close above or below LWMA13. Two indicators - as simple as it gets, and very effective. Below the two halves of today. {image} {image}
Medici
Again thanks for the post and rational with setting for showing the post
Dave
  • #6,239
  • Mar 11, 2022 12:36am Mar 11, 2022 12:36am
Quoting medici
In the new spirit of sharing I thought I'd share a favourite of mine. It's a 6.7 ATR channel around a 400 period Hull moving average, combined with candles coloured depending on whether they close above or below LWMA13. Two indicators - as simple as it gets, and very effective. Below the two halves of today. {image} {image}

Interesting, I'll go and find a Hull MA, been some time since I've looked at one. Thanks for the ideas
Trading Levels with WRBs
  • #6,240
  • Edited 1:34am Mar 11, 2022 1:23am | Edited 1:34am
Quoting Islander
{quote} Interesting, I'll go and find a Hull MA, been some time since I've looked at one. Thanks for the ideas
To me the Hull MA is for identifying the homeruns, such as 5.30am this morning and 4.30pm and 6pm yesterday. It gives the confidence that a big swing is in the offing. Note also that the 6.7 ATR line has a function, such as around 4.30pm yesterday. Why 6.7? Because it's three times the square root of five!

Essentially, the Hull MA is an improved LWMA as it is a smoothing of

LWMA(200) + (LWMA(200)-LWMA(400))

where the second term is an error correction terms similar to what is used in various technological applications for everything from radar tracking of missiles to systems control in industry.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot 2022-03-11 at 07.15.36.png Size: 136 KB
Click to Enlarge Name: Screenshot 2022-03-11 at 07.17.04.png Size: 141 KB
33 traders viewing now