the key to the mint | Page 160 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Linux Mint and MT4 12 replies

EA Key - Any example how to validate a key 3 replies

Need help with key to mint alert indicator 3 replies

Key Times 9 replies

Attachments: the key to the mint
Exit Attachments

the key to the mint

  • #3,181
  • Mar 16, 2008 10:37pm Mar 16, 2008 10:37pm
t wolf, could you post the chart on that last trade? have a good day. Bob
Hej.
  • #3,182
  • Mar 17, 2008 1:36am Mar 17, 2008 1:36am
Quote
Hey there Cindy,

I got in on the action on Gbp/Jpy using my 5M chart for a close below #2. Swing low on #2 was 197.71 I got in at 197.69 and closed at 196.41 for a 128 pip profit in 18 minutes. I'm really kicking myself though because I realized I used my Fib. retracement tool instead of the Fib expansion tool where the 127.2 target was 195.28 which would have given me an extra 113 pips. Oh well I'm definately not complaining. Like you say Cindy, "no worries"

Take care.....T-Wolf

Great work TW...... I like the idea of securing entry at a lower time frame when entry at 15mins would result to large stop loss. great idea man. i'd look at it as well subsequently
  • #3,183
  • Edited 7:26am Mar 17, 2008 6:40am | Edited 7:26am
Here is the 1 hr gbp chart. See how we're making lower lows and lower highs. Then price action goes back and tests the the recent high. Notice how price never closes above the green resistance line. For the up trend to continue price action would have followed the aqua line and closed above the top resistance line. Instead we get a 123 down move. See how price breaks the LL point and comes back up to test the resistance line and form point 3 (lime lines) at the red arrow. Price moves down and when it breaks point 2 the short term trend is down and it agrees with the 4 hr trend which is down. The only reason I'm showing this is to demonstrate when a short term trend changes. Keep in mind we are in an up trend on the daily and at this point in time we are having a pullback to the downside. Once this down swing bottoms out we can start buying when price moves up if the mint criteria are met. Just a side note for those of you who like divergence trades. Look at the RSI indicator. We have a double top (equal highs) but we have lower lows on the tops in the RSI indicator. This is bearish divergence and is a signal that price may go down.

Harold, I hope you don't mind me showing this chart. If it's off topic let me know?
Attached Image (click to enlarge)
Click to Enlarge Name: 170308 gbp trend change t8.gif Size: 46 KB
  • #3,184
  • Mar 17, 2008 7:50am Mar 17, 2008 7:50am
Hi Guys Loads Of Pips That I Got Non Of.the Eurjpy,gbpjpy,and Gbpchf There Were Small 123 Setups In The Wee Hrs To Reenter
  • #3,185
  • Mar 17, 2008 8:04am Mar 17, 2008 8:04am
Harold,

I guess u have been trading with new mint system more than 1 weeks, can you please share with us your winning percentage?


Thanks,
  • #3,186
  • Mar 17, 2008 9:30am Mar 17, 2008 9:30am
Havent Had A Loser In 3 Weeks You Do The Math
  • #3,187
  • Mar 17, 2008 9:32am Mar 17, 2008 9:32am
I AM IN ROOM NOW
  • #3,188
  • Mar 17, 2008 10:49am Mar 17, 2008 10:49am
Hey Harold,

Have been followig the new system and so far think its working really well. Could you please post charts of the trades you made today. I was a little unsure of where some of the 1,2,3 setups would be and would like to compare what you have...

Still managed to pull 60 pips out the bag though

Cheers

Jords
  • #3,189
  • Mar 17, 2008 1:05pm Mar 17, 2008 1:05pm
As I Mentioned Before I Put On No Trades Today I Watched As Market Gapped Down 500 700 300 Pips So I Made The Decision To Just Stay Out Till Dust Settles And Then Look For Normal Setups Any Entry Would Have Worked Today Including Just Selling To Get In
  • #3,190
  • Mar 17, 2008 5:09pm Mar 17, 2008 5:09pm
Dear Harold,

Would you please clarify why do you use 127.2% Fibo expansion lvl as one of your targets? The reason I ask is that is common to use 123.6 ,138.2, 161.8, 200 and so on..Why 127.2? Have you found some special things about this lvl?

Thank you in advance!
TT.
  • #3,191
  • Mar 18, 2008 1:41am Mar 18, 2008 1:41am
hey dr who,,

you are obviously not a very successful trader & are very narrow mindered,
do you think anyone makes money on currencies or fail.

i hope you find what you are looking for

andrew.

harold4x keeo up the good work mate
Survive & Preserve
  • #3,192
  • Mar 18, 2008 2:45am Mar 18, 2008 2:45am
Hello dr_who,

the only idiot I'm seen lately on allmost every thread on forexfactory is you.
  • #3,193
  • Mar 18, 2008 2:58am Mar 18, 2008 2:58am
Quoting dr_who
harold4x, d'you really think rubbish like this will make you money in the long run ? If you do, you're as deluded as 90% of the idiots on this forum. No wonder there are so many companies offering FX trading. There appears to be thousands of gullible nitwits like you out there.
Harold has been successful for 6 years at this system Doc.... Who are you to talk? who is deluded?

later....:surprised
  • #3,194
  • Mar 18, 2008 3:02am Mar 18, 2008 3:02am
Harod, dont bother answering this, am sure you know how the devil and his agents work. (no wonder the name -dr_who).
I've been using the15mins entry similar with the modified mint version (price action, fib. retracement level, etc) for abt 2months now and its very good. New addition am learning from the modified edition is the 123 system (though av been doing something similar-breakout system), so i can testify that this system is very good.
Keep up the good work Harold and all the new members of the family-By the way, am beginning to miss the foundation members of this thread-myke, tradergreek, rs, etc.
Quoting dr_who
harold4x, d'you really think rubbish like this will make you money in the long run ? If you do, you're as deluded as 90% of the idiots on this forum. No wonder there are so many companies offering FX trading. There appears to be thousands of gullible nitwits like you out there.
God's Love For You Is Sure Never You Doubt It
  • #3,195
  • Mar 18, 2008 3:18am Mar 18, 2008 3:18am
Quoting dr_who
harold4x, d'you really think rubbish like this will make you money in the long run ? If you do, you're as deluded as 90% of the idiots on this forum. No wonder there are so many companies offering FX trading. There appears to be thousands of gullible nitwits like you out there.
Who!! you sound like a negative thinker, try thinking positive, otherwise find your own thread!!
  • #3,196
  • Mar 18, 2008 5:09am Mar 18, 2008 5:09am
Quoting poki
Who!! you sound like a negative thinker, try thinking positive, otherwise find your own thread!!
Look at his last four posts, he's not a happy chap !
  • #3,197
  • Mar 18, 2008 7:15am Mar 18, 2008 7:15am
Some in the chat room asked for a daily range indicator. Here it is.
Attached File(s)
File Type: ex4 (T_S_R)-Daily Range Display#2.ex4   10 KB | 558 downloads
  • #3,198
  • Mar 18, 2008 7:29am Mar 18, 2008 7:29am
Great to see you posting again H4X...or is that H$X.

  • #3,199
  • Mar 18, 2008 7:40am Mar 18, 2008 7:40am
Morning All Well Nothing Happened Last Night There Was No Daily For Gbpusd And The Other 3 Were Sells But Theny Went Up As For Dr Who Well Every Post He Puts He Uses The Same Phrase For All The Posters And That Is Idiots Thats A Shame He Really Needs Help Wish We Could Help Him
  • #3,200
  • Mar 18, 2008 8:09am Mar 18, 2008 8:09am
Hi H,

Thank you for your work. I am learning this system, I have a question: Do you try to find this 123 setting starts from London session?

Thank you in advance.
16 traders viewing now