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Tkpower8 ATM

  • #201
  • Dec 16, 2008 10:43am Dec 16, 2008 10:43am
Quoting Dazzer
Just gone in here for a long
Too far from the 21 and only a 1 bar pullback for my personal rules.

10 candles after the one you just showed us is something I would have thought about. But I am strict with the times I trade and now is not the time
  • #202
  • Dec 16, 2008 10:52am Dec 16, 2008 10:52am
Quoting tkpower8
I tried the slope a while back, 55 was the equivalent setting and it worked fine but I am back to the 21SMA, if it works don't change it. That said both work but the 21SMA can be applied to a mobile device and any platform that cannot take custom indicators. It just makes sense to stick with something that is so universal
lol...i hope i never need to trade while I am mobile....
"Keep your eyes on the helpers" - Mr. Rogers
  • #203
  • Dec 16, 2008 10:54am Dec 16, 2008 10:54am
Quoting tkpower8
Too far from the 21 and only a 1 bar pullback for my personal rules.

10 candles after the one you just showed us is something I would have thought about. But I am strict with the times I trade and now is not the time
So you only like to take a trade when there is more than a 1 bar pull back?
"Keep your eyes on the helpers" - Mr. Rogers
  • #204
  • Dec 16, 2008 11:01am Dec 16, 2008 11:01am
Quote
Originally Posted by ubp http://www.forexfactory.com/images/buttons/viewpost.gif
Ok let's see if I can get a gold star as well. This is a trade I just exited.

Congrats on your gold star ubp!
  • #205
  • Dec 16, 2008 11:01am Dec 16, 2008 11:01am
Quoting tkpower8
Too far from the 21 and only a 1 bar pullback for my personal rules.

10 candles after the one you just showed us is something I would have thought about. But I am strict with the times I trade and now is not the time

Thanks TK.
So what about here??
Attached Image (click to enlarge)
Click to Enlarge Name: m2.gif Size: 33 KB
  • #206
  • Dec 16, 2008 11:13am Dec 16, 2008 11:13am
Hi Guys...
First of all thank you guys for this great thread. Tk, you are the man, very clear and straight foward technique. I really aprecciate it. Like someone said before, it feels safer trading what the price is doing instead of lagging indicators....
Price action is the real thing and you seem to have found a very nice and objective way of implementing it... Thanks Tk and all others who help creating such an amazing thread.
Well, just want to make sure I got this right, can you guys give some feedback on my trade. I entered in the next green candle after the green arrow, just when it passes the previous red one by 2 pips....I dont know why the green arrow appeared on the red candle, but my enter was in the green one after..... Nice 30 pips run... Was this setup correct?

Cheers to everyone and count on me around here.....
Attached Image (click to enlarge)
Click to Enlarge Name: trade1.gif Size: 48 KB
''I am too sexy for my pips, too sexy for my pips, too sexy yeahhh...''
  • #207
  • Dec 16, 2008 11:16am Dec 16, 2008 11:16am
Do you just strat to trade after the Grey Box ends, i.e at the start of the opening of the 4 major sessions and how long do you stick around making trades if none happen?

thanks.....
"Keep your eyes on the helpers" - Mr. Rogers
  • #208
  • Dec 16, 2008 11:19am Dec 16, 2008 11:19am
Quoting Dazzer
Thanks TK.
So what about here??
my thought is that because you have the formation of a lower low, that momentum is dwindling and probably would not want to take that trade....
"Keep your eyes on the helpers" - Mr. Rogers
  • #209
  • Dec 16, 2008 11:43am Dec 16, 2008 11:43am
Can we use the successfully with Eur/Usd? Spreads are lower.
  • #210
  • Dec 16, 2008 11:51am Dec 16, 2008 11:51am
Quoting damonl
lol...i hope i never need to trade while I am mobile....
Nothing wrong with trading on the go, but I use my laptop for that anyway. Some people need to trade on a mobile device, this works for that too is kinda my point.
  • #211
  • Dec 16, 2008 11:52am Dec 16, 2008 11:52am
Quoting damonl
So you only like to take a trade when there is more than a 1 bar pull back?
3-5 bar pullbacks are best but these things are all in post 1
  • #212
  • Dec 16, 2008 11:53am Dec 16, 2008 11:53am
Quoting Dazzer
Thanks TK.
So what about here??
lower lows and lower highs, so no
  • #213
  • Dec 16, 2008 11:55am Dec 16, 2008 11:55am
Quoting Dudu 73
Hi Guys...
First of all thank you guys for this great thread. Tk, you are the man, very clear and straight foward technique. I really aprecciate it. Like someone said before, it feels safer trading what the price is doing instead of lagging indicators....
Price action is the real thing and you seem to have found a very nice and objective way of implementing it... Thanks Tk and all others who help creating such an amazing thread.
Well, just want to make sure I got this right, can you guys give some feedback on my trade. I entered in the next green...
Great setup but you could have gone 4 mins earlier
  • #214
  • Dec 16, 2008 11:58am Dec 16, 2008 11:58am
Quoting damonl
Do you just strat to trade after the Grey Box ends, i.e at the start of the opening of the 4 major sessions and how long do you stick around making trades if none happen?

thanks.....
I like to trade after 08gmt and 14gmt for the 1st 2 trades and/or up to 2 hours max.

This is also in post 1, so after I have said everything in post 1 and then repeated it somewhere in the thread I will stop responding to such questions.

Please respect the time I have taken to share this by taking the significantly less amount of time to read Post 1
  • #215
  • Dec 16, 2008 12:02pm Dec 16, 2008 12:02pm
Quoting bigbear777
Can we use the successfully with Eur/Usd? Spreads are lower.
Something I can add to post 1.. finally


Yes bigbear, you can trade this on any pair, commodity or stock. You are trading what price does so it can be applied anywhere.
  • #216
  • Dec 16, 2008 12:15pm Dec 16, 2008 12:15pm
Quoting tkpower8
I like to trade after 08gmt and 14gmt for the 1st 2 trades and/or up to 2 hours max.

This is also in post 1, so after I have said everything in post 1 and then repeated it somewhere in the thread I will stop responding to such questions.

Please respect the time I have taken to share this by taking the significantly less amount of time to read Post 1
Yes..you are right, it is there. Funny thing is I read it 3 times even.

My brain really only grasps facts when they are in outline form and easy to follow and understand. I get lost in paragraph after paragraph because of all the non-action (i call them fluff) words. And anyone who is not a professional writer puts in too many un-neccessary words. My brain gets lost in fluff......

So definetely not being disrespectful in my questions. I really didn't know.
"Keep your eyes on the helpers" - Mr. Rogers
  • #217
  • Dec 16, 2008 12:16pm Dec 16, 2008 12:16pm
Quoting tkpower8
I will start this all off with hopes of keeping at bay any negative comments or BS of any kind. I am here to try and help anyone that my method works for and I want nothing in return. I feel no need to prove anything to anyone. It may or may not work for your personality. Only you can decide that part, it is fast, and the trades are sometimes scalps but sometimes lengthy. Whatever the market gives you in that department. I Use the M2 for what I am about to outline.

[font=Calibri][size=3]I am not a long time...
can u pls post the indicators and templates as i have difficulties trying to do so,thanks
  • #218
  • Dec 16, 2008 12:17pm Dec 16, 2008 12:17pm
Quoting damonl
Yes..you are right, it is there. Funny thing is I read it 3 times even.

My brain really only grasps facts when they are in outline form and easy to follow and understand. I get lost in paragraph after paragraph because of all the non-action (i call them fluff) words. So definetely not being disrespectful in my questions.
I can only agree with you there. My formatting is crap. I do not have the patience for making it look right but it will be sorted out very soon by someone who does. I imagine by next week it will be bolded, oulined, emphasized and whatever else is needed.
  • #219
  • Dec 16, 2008 12:19pm Dec 16, 2008 12:19pm
If you have grasped this method and no longer need the cci or colored sma line, here is a simpler template -
Attached File(s)
File Type: tpl atm-m2-simple.tpl   160 KB | 402 downloads


I have left only the triple stoch, if you don't want it remove that also
  • #220
  • Dec 16, 2008 12:21pm Dec 16, 2008 12:21pm
Quoting tkpower8
Great setup but you could have gone 4 mins earlier
Yep, I see your point... somehow action around the sma makes me a bit aprehensive as to whether there will be a rebound or a break, so I tend to wait a bit to confirm the rebound, but it might make me waste some entries waiting too long.....gonna have to adapt....

Is it ok to all of us to post EURUSD charts here as well ?

Thanks again
''I am too sexy for my pips, too sexy for my pips, too sexy yeahhh...''
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