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PowerTrading/The River

  • #21
  • May 9, 2007 2:33am May 9, 2007 2:33am
Well thx PowerTrader,

i'll forward test u'r method, then i'll post the result soon ....

btw, have a nice trading
  • #22
  • May 9, 2007 11:43am May 9, 2007 11:43am
PowerTrader,

I have TeamSpeak downloaded but I haven't seen any info for what room you are trading in. Could you post that?

Thanks - Hoss
Life is too short to have anything but delusional notions about yourself.
  • #23
  • May 10, 2007 3:30pm May 10, 2007 3:30pm
Here is a shot of todays River trade on geppy. Nice to have some trending back.

http://img82.imageshack.us/img82/8513/gyen510vs7.gif
Zone Breakout Method
  • #24
  • May 10, 2007 3:42pm May 10, 2007 3:42pm
Another great cable trade on the River.

http://img82.imageshack.us/img82/5641/cable2510xo4.gif
Zone Breakout Method
  • #25
  • May 10, 2007 4:57pm May 10, 2007 4:57pm
i am new to this one.........look like amazing...
I Deeply Love My Virtual Life In Virtual World , RLC
  • #26
  • May 11, 2007 3:16am May 11, 2007 3:16am
Hello again, i have only your video about the river concept. Can't find other things on website. Have you got some others ressources speaking about the river ?
Thanxs a lot for your answer
  • #27
  • May 11, 2007 4:32am May 11, 2007 4:32am
Wanna say: "Just Follow The River"

ok, here's My Current Trade :

Short :

Aud Jpy @ 99.12.
Eur Jpy @ 161.37.
GBP Jpy @ 236.79.
Usd Jpy @ 119.72.

i'll post my result soon ....

happy trading
  • #28
  • May 11, 2007 6:04am May 11, 2007 6:04am
Quoting MizZu_X7
Wanna say: "Just Follow The River"

ok, here's My Current Trade :

Short :
Aud Jpy @ 99.12.
Eur Jpy @ 161.37.
GBP Jpy @ 236.79.
Usd Jpy @ 119.72.

i'll post my result soon ....

happy trading
here's the result :
Short :
Aud Jpy @ 99.12. closed @ 99.00. -------> + 12 pips.
Eur Jpy @ 161.37. closed @ 161.20.------> +17 pips.
GBP Jpy @ 236.79. closed @ 236.55.-----> +24 pips.
Usd Jpy @ 119.72. closed @ 119.55.-----> +17 pips.

total = + 70 pips.
not bad for only few hours work ...

Let the river flows ...
Don't try to fight a stream ...
  • #29
  • May 11, 2007 6:11am May 11, 2007 6:11am
Another Closed Trade :

Long Usd Cad @ 1.1135. closed @ 1.1155 ---> + 20 pips.

well, today's good day for me ...

Let the River Flow ....
  • #30
  • May 11, 2007 6:21am May 11, 2007 6:21am
Sorry, forgot to attach the chart ... Here's the Usd Cad chart :
Attached Image
  • #31
  • May 11, 2007 6:45am May 11, 2007 6:45am
Quoting PowerTrader
Here is a shot of todays River trade on geppy. Nice to have some trending back.

http://img82.imageshack.us/img82/8513/gyen510vs7.gif
Hi PT,

In order to understand and learn more, could you pls explain why none of the candles that closed above the upper river bank were taken as valid entries? A lot of them closed cleanly outside the river, ie not touching the blue line at all.

Regards,
K.
  • #32
  • May 11, 2007 7:54am May 11, 2007 7:54am
Quoting kermut
Hi PT,

In order to understand and learn more, could you pls explain why none of the candles that closed above the upper river bank were taken as valid entries? A lot of them closed cleanly outside the river, ie not touching the blue line at all.

Regards,
K.
The upper candles are still touching the River. You need to have a candle open and close above or below and then enter on the next candle. I also use time of day to filter out some trades.

PT
Zone Breakout Method
  • #33
  • May 11, 2007 8:03am May 11, 2007 8:03am
Quoting PowerTrader
The upper candles are still touching the River. You need to have a candle open and close above or below and then enter on the next candle. I also use time of day to filter out some trades.

PT
PowerTrader,

What do u mean by "... I also use time of day to filter out some trades" .
btw, thx in advanced ...

Happy Investing
  • #34
  • May 11, 2007 8:18am May 11, 2007 8:18am
Quoting PowerTrader
The upper candles are still touching the River. You need to have a candle open and close above or below and then enter on the next candle. I also use time of day to filter out some trades.

PT

Thanks for the reply PT,

I have attached the chart again, and if you have a look at the 3 arrows on the candles, they are not touching the river at all, and also, they are clean candles above the river.

Thanks in advance for your reply.

Regars,
K
Attached Image (click to enlarge)
Click to Enlarge Name: pt possbile trades.jpg Size: 55 KB
  • #35
  • May 11, 2007 8:33am May 11, 2007 8:33am
PowerTrader,

i attach Gbp Chf chart below. my question is :
1. If the last Candle closed completely below The Lower Envelop (not touch the lower Envelop ), is that a signal for Short ?

Happy Investing
Attached Image (click to enlarge)
Click to Enlarge Name: gbp chf.gif Size: 12 KB
  • #36
  • May 11, 2007 11:51am May 11, 2007 11:51am
Quoting MizZu_X7
PowerTrader,

What do u mean by "... I also use time of day to filter out some trades" .
btw, thx in advanced ...

Happy Investing
Our breaks have been coming later in the Asian session or in the Euro. It is rare that we get a good break at the beginning of the day GMT.
Zone Breakout Method
  • #37
  • May 11, 2007 11:57am May 11, 2007 11:57am
Quoting kermut
Thanks for the reply PT,

I have attached the chart again, and if you have a look at the 3 arrows on the candles, they are not touching the river at all, and also, they are clean candles above the river.

Thanks in advance for your reply.

Regars,
K

Kermut,

You are correct and will say this falls in the time of day filter. I also like to see some price action. Let me be clear about the River Trade and what I believe on every trade. You must get familiar with this trade. There is no exact formula for entry and exit. You can have 10 people trade this and all will come up with different results. In addition you will take a loss from time to time but if you trade this often your wins will blow the losses out of the water.

PT
Zone Breakout Method
  • #38
  • May 11, 2007 12:38pm May 11, 2007 12:38pm
Just so you don't think I post all charts after the fact. Look at buy entry on this chart.

http://img152.imageshack.us/img152/5725/gepl511ks4.gif
Zone Breakout Method
  • #39
  • May 11, 2007 12:54pm May 11, 2007 12:54pm
This is the result of the Geppy River trade today. This is a winner.

http://apollo.divshare.com/s03/thumb...618955-56b.jpg
Zone Breakout Method
  • #40
  • May 11, 2007 1:25pm May 11, 2007 1:25pm
about your stop loss strategy... could it in some way use the other side of the river as SL ? and use 50 pip if river is father that 50 pips?
100% of traders are losers. Just that some win more than they lose!
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