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Higher low, lower high system

  • #321
  • Nov 11, 2008 10:01am Nov 11, 2008 10:01am
Quoting ayour2a
were u able to open the pdf?Its is showing error here and hence did not open.If u did open it,maybe u can put it here so i can open it.Thanks
Heres the 1 2 3 pdf, having a look the sell of the move past the two point is where most of my trades are taken. I have just called it the move past the set up candle of the lh/hl.

Sorry about the book though.
Attached File(s)
File Type: pdf 123.setup[1].pdf   1.1 MB | 1,800 downloads
  • #322
  • Nov 11, 2008 10:31pm Nov 11, 2008 10:31pm
Did this gbp lh sell for +27 with the guys in Harold4X's paltalk room. I've also shown the eur sell and ej was just about the same.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 17 KB
Click to Enlarge Name: eur 5 min.gif Size: 16 KB
  • #323
  • Nov 12, 2008 2:19am Nov 12, 2008 2:19am
Howdy Vantage and crew!

Wow! Great thread here.
How did I overlook it?


Good Trading!
Brent
  • #324
  • Nov 12, 2008 3:12am Nov 12, 2008 3:12am
Quoting FXSurfer
Howdy Vantage and crew!

Wow! Great thread here.
How did I overlook it?


Good Trading!
Brent
Hi FXSurfer
Welcome, if you like this way of trading feel free to post some trades.

Might as well mention these threads also if you've missed them by any chance: Key to the Mint, Psych levels pivots and trendlines revisited (some good traders there EV, Fx1 and Islander) and Sonic R System has an interesting take on lh's and hl's.

Just took this eur trade, lh break below 1.2585 out just above the half number on the bounce.
Attached Image (click to enlarge)
Click to Enlarge Name: eur 5 mn 11.gif Size: 15 KB
  • #325
  • Nov 12, 2008 3:49am Nov 12, 2008 3:49am
Markets gone sleepy so I'm outta here for now.

For those that use the pivot indicator from first page of thread. It has an auto fib option which I never had on because it only auto draws fibs for the previous days prices. With that limitation in mind where there has been decent movement it seems to be pretty effective and I've got it on full time.

One indicator gives pivot, fibs, prev days open high and low, wow. Good one.
  • #326
  • Nov 12, 2008 3:53am Nov 12, 2008 3:53am
hi vantage
is this entry is where i had to enter , i waited for the close under the 34 ema and 123 , andi entered where is the red line .
was a nice run down and made pips thanks .
just want know if this is the way you do it too , or i just been lucky
thanks
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 19 KB
  • #327
  • Nov 12, 2008 7:09am Nov 12, 2008 7:09am
Quoting imad
hi vantage
is this entry is where i had to enter , i waited for the close under the 34 ema and 123 , andi entered where is the red line .
was a nice run down and made pips thanks .
just want know if this is the way you do it too , or i just been lucky
thanks
Hi imad
I sure hope that it isn't luck because I took exactly the same trade.

Nice one.
  • #328
  • Nov 12, 2008 7:14am Nov 12, 2008 7:14am
thank you vantage
  • #329
  • Nov 12, 2008 10:51pm Nov 12, 2008 10:51pm
Had another winning Asian session trade with the guys in Harold4X's paltalk room.

Whilst there are other trades I'll do in addition to Harold's very specific 1,2,3 trades (Key to the Mint) I'm enjoying the highly disciplined manner in which he trades and want this to rub off onto me in other areas.
  • #330
  • Nov 13, 2008 12:02am Nov 13, 2008 12:02am
Quoting Vantage
Whilst there are other trades I'll do in addition to Harold's very specific 1,2,3 trades (Key to the Mint) I'm enjoying the highly disciplined manner in which he trades and want this to rub off onto me in other areas.
ditto
  • #331
  • Nov 13, 2008 12:24am Nov 13, 2008 12:24am
If anyone uses Ninja here are a couple of
indicators that I found on the NT Support
Forum for the HLLH setup.


I think that they match up with the MT
versions okay. Oh, yeah: The Ninja
Stoch/Dinapoli has the period setting last,
so it's 3,3,8.

Have a good one people!
Attached Image (click to enlarge)
Click to Enlarge Name: HLLH.png Size: 57 KB
Attached File(s)
File Type: zip DinapoliStochastic.zip   7 KB | 580 downloads
File Type: zip SessionPivotsV5b.zip   51 KB | 630 downloads
  • #332
  • Nov 13, 2008 1:46am Nov 13, 2008 1:46am
This was the trade from the Asian session on paltalk, with Harold4X, lh/1 2 3 break below 1.4844. My target for exit is the even number.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 16 KB
  • #333
  • Nov 16, 2008 11:35pm Nov 16, 2008 11:35pm
I'll be over here a lot http://www.forexfactory.com/showthre...=1#post2353760 trading at forexjedi's force 5 thread. Very nice, jedi is very helpful to all and calls live trade set ups. Obviously I get really interested when combined with hl's and lh's.

Its nice in this lonely business to be in the 'live' room as it were.
Cheers.
  • #334
  • Nov 19, 2008 8:42am Nov 19, 2008 8:42am
As a result of influence from Harold4x's the key to the mint and forexjedi's force 5 system, to take away some of the human/eyeball factor out I have made the following adjustments and amended post 1 accordingly.

MACD coloured 12, 26, 1 please make up green and down red. Stoch 5,3,3 RSI 13 with 50 line, and Stoch DiNapoli 5,3,3. Basically all must confirm up for a buy and down for a sell. Does it miss some trades sure, has it had virtually 100% winners over the last few days (even saved bacon over this mornings early Europe/UK eurusd sideways rubbish).

Please see post 1 for the update.

Will post charts on trades from tomorrow.
  • #335
  • Nov 19, 2008 4:33pm Nov 19, 2008 4:33pm
Quoting Vantage
As a result of influence from Harold4x's the key to the mint and forexjedi's force 5 system, to take away some of the human/eyeball factor out I have made the following adjustments and amended post 1 accordingly.

MACD coloured 12, 26, 1 please make up green and down red. Stoch 5,3,3 RSI 13 with 50 line, and Stoch DiNapoli 5,3,3. Basically all must confirm up for a buy and down for a sell. Does it miss some trades sure, has it had virtually 100% winners over the last few days (even saved bacon over this mornings early Europe/UK eurusd sideways...
There go your lovely clean charts ... but I think it could be a good move. I will monitor : I decided this evening to only trade KTM style; I'm doing well this month, but am still both breaking my rules and also exiting badly far too often.
  • #336
  • Nov 19, 2008 5:33pm Nov 19, 2008 5:33pm
"No longer naked!" Just when I was getting good at trading the Vantage way. Look forward to a chart or two. Are we still trading using the previous hourly candle?

And thanks for a great thread.
  • #337
  • Nov 20, 2008 3:25am Nov 20, 2008 3:25am
Quoting Vantage
MACD coloured 12, 26, 1 please make up green and down red. Stoch 5,3,3 RSI 13 with 50 line, and Stoch DiNapoli 5,3,3.
V - when you have a moment, please do post that chart. In TradeStation if I set the last MACD parameter to 1, I get a straight line, so I have left it at the default 9 - I will compare with your chart when I see it.

Still using 5 DMA and 34EMA, or not ?
  • #338
  • Nov 20, 2008 4:22am Nov 20, 2008 4:22am
Is this what you had in mind (inc 34 EMA + 5 DMA) ?
Attached Image (click to enlarge)
Click to Enlarge Name: Vantage indicators.jpg Size: 129 KB
  • #339
  • Nov 20, 2008 6:31am Nov 20, 2008 6:31am
Quoting orientos
"No longer naked!" Just when I was getting good at trading the Vantage way. Look forward to a chart or two. Are we still trading using the previous hourly candle?

And thanks for a great thread.
Hi orientos
I won't be abandoning my recently found 'nakedness' when lh's/hl's are clear cut.

I had one trade this morning on gbp before I had to go out to doctor. The 9am 1 hr candle had closed below yesterdays low. There was a shooting star rejection of 1.4900 and a confirming lh close at 10.25.

Have a look at www.candlesticker.com the evening doji star pattern (up candle, doji, down candle) is one of the high probability reversals.

I don't think theres an indicator in the world that would keep me away from that when price went lower, I sold at 1.4860.

There were a couple of lower highs that followed, 34 ema falling nicely. Eyevoltage has highlighted these elsewhere.

I'll show two ej trades that I didn't take as I wasn't at the computer but will show where the indicators will be of help. There have also been at least 2 trades over the last few days that the indicators kept me out of that went on to be losers.

If this helps me get my mid 60% win ratio up to mid 70% and perhaps a touch higher monthly % profits will get to scary numbers. Time will tell.

Anyway the first ej trade is a 1,2,3 high, with all indicators lined up sell is break below the 2 point.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp 5 min.gif Size: 19 KB
Click to Enlarge Name: ej 5.gif Size: 20 KB
  • #340
  • Nov 20, 2008 6:33am Nov 20, 2008 6:33am
Quoting jtrade
V - when you have a moment, please do post that chart. In TradeStation if I set the last MACD parameter to 1, I get a straight line, so I have left it at the default 9 - I will compare with your chart when I see it.

Still using 5 DMA and 34EMA, or not ?
Yes 5 ema 3 shift and 34 ema.
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