donagh,
This is strange. On my charts, the result was a failed Aup
This is strange. On my charts, the result was a failed Aup
ACD Method by Mark Fisher 32 replies
Help in editing the ACD indicator? 2 replies
bo7a method... method for GBP/JPY 205 replies
sorilli's ACD system journal 24 replies
chyi's EA for the one trade a day method 21 replies
DislikedWhat the heck I just closed out all my positions I need the money.
Closed gbp/jpy at 208.16 for +87 pips
closed gbp/usd at 1.958 for +70 pip
total for today +157 pips
Happy days I'm going back to bed for a wee whileIgnored
DislikedDonagh:
It seems in this trade you did not wait the required 15 minutes before getting in the trade. And this most recent trade you did not wait the 15 minutes either. Could you explain why you got in early on these last two trades. Just trying to learn. It seems that it worked out for you both times.Ignored
DislikedYeah I know I didn't wait the 15 minutes and I got away with murder.Ignored
DislikedHi Donagh,
I would like to show you a few things that I have been doing regarding fisher's concept and also My modified version of Drummond Geometry. I think I may be able to be of some help on exits and testing if GBPJPY is probably going to range for the day, or trend. I have developed a test using another data stream.
To be honest, after all the negative threads of late, like "Time's" thread, and others, I do not want to share this with the general public, less I be thought of as a false guru, I just want to see if I can be of assistance. I see you have really put in alot of effort here and would like to see if what I have been doing can be of some help to you. I have added you to my PM list. PM me and if you would like to go forward with this, we can talk.
Thanks ScottIgnored
DislikedOk thanks. Any special thoughts on "feel" for the direction. Are there certain things you look at before you derive a feel? Also, I have downloaded the pivots that were posted. It is not like any pivot range I have seen before. How do you use them. Sorry for all the questions but your efforts are helping a trader who really wants to learn. Thanks again!Ignored
Dislikedi am ashamed to ask that.
i am very bad on maths and am struggled with the Pivot Hour. One criteria for this is the price must be within 15% of one of the extremes.
what i can understand is for example 222.00 * 0.15 = 33.3
so 33 pips above or below 222.00.
but this don't matches with given examples in the book.
anyone could help me? ThanksIgnored
DislikedHi Donagh
I found this indicator that helps me to stay on the right side of the trend. Maybe it can be of assistance to your method.
QQE5 > when the line cross the 50 centre line UP > Longs... & Visa-Versa for Shorts
M&MIgnored
DislikedIm sorry Giraia,
Im not too sure what you mean.
I wouldn't mind too much about the pivots.
I don't think they work that well.
They are better used for longer term trades
( 3 day pivot ranges which give you support and resistance areas)
But I don't trade long term, well at least not yet but I would like to give it a go also.Ignored
Dislikeddonagh_1
Just wondering did you take smjones up on his offer? If so how's it working out for you? Has it improved your entries and exits.
I've been trading this since the start of the thread with moderate success. I'm actually using the ATR method of setting the A and C levels and smjones's suggestion regarding exits. So far I'm quite happy with it but I would most definitely be interested in hearing smjones's improvements as he's one of the few members on this board that I will always read as he consistently makes a great deal of sense.
Regards
LuxIgnored