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Tkpower8 ATM

  • #221
  • Dec 16, 2008 12:21pm Dec 16, 2008 12:21pm
Quoting fxking
can u pls post the indicators and templates as i have difficulties trying to do so,thanks

Post 1 there is a zip file called M2.zip. Everything is in there. What kind of difficulty are you having exactly?
  • #222
  • Dec 16, 2008 12:21pm Dec 16, 2008 12:21pm
Quoting Dudu 73
Yep, I see your point... somehow action around the sma makes me a bit aprehensive as to wheter there will be a rebound or a break, so I tendo to wait a bit to confirm the rebound, but in this technique it might make loose the entries.....gonna have to adapt....

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

Thanks again

Anything you like
  • #223
  • Edited 12:58pm Dec 16, 2008 12:26pm | Edited 12:58pm
Quoting CanuckCT
TK,
Congrats on the thread...very well presented and a few hundred posts in no time.

I love the price action this displays...gotta be quick on the trigger but with confidence.

I now have M1, M2, M5, M15, H1 and H4 charts finalized.....your M2 is proving to be very beneficial in assessing what is happening and pulling the trigger on my trades. Somehow it is reducing my stress level.

Cheers
CanuckCT
All these and your stress level is actually reducing!! How many pills a day do you take ?

R

KISS?
  • #224
  • Dec 16, 2008 12:31pm Dec 16, 2008 12:31pm
Quoting tkpower8
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.
Well...let me trade it for a few days and maybe I can put something together for you after I make sure to have a handle on it . Though I am no professional writer, I can outline pretty well....
"Keep your eyes on the helpers" - Mr. Rogers
  • #225
  • Dec 16, 2008 12:38pm Dec 16, 2008 12:38pm
JTH
I read one of my own posted and answered my own qustion on why the 21 ma was not tracking right on m2 chart.
I had my number of bars in chart set to 500 and the 21ma was not printing right. I changed the number of bars to 1000 and the 21 ma is now tracking in the normal way. The reason for haveing a lower number of bars in chart to to take some of the load off the CPU of the computer.
Barry
  • #226
  • Dec 16, 2008 12:59pm Dec 16, 2008 12:59pm
Yes...let me explain.

H1 and H4 are only used to determine is overall the market is trending or ranging. This is how you catch a big move...by looking at the bigger time frame trend. I do not specifically trade this time frame.

M5 and M15...I'm looking for a very specific trade type....if it's not there...I don't trade it. I also use these timeframes to assess whether market is trending or ranging. Charts are mostly naked...fractals and one moving average and fibs..

M1 and M2 is what I trade mostly and how to time entry for what I may spot on higher timeframe.

No pills...do swim 3 times a week for an hour each, 5k run twice a week and when it's warm I ride my bike...easily 200km a week, often more. I'm not going to be dropping pills to deal with blood pressure and stress levels, etc. Physical health is very important for traders....you sit on your ass all day long fretting over whether your next move will make or lose money...eating poorly. No wonder you get strange pains and aches. Excercise is as much a priority for me as trading.

Cheers
CanuckCT


Quoting rorieu
All these and your stress level is actually reducing!! How many pills a day do you take ?

R
  • #227
  • Dec 16, 2008 1:09pm Dec 16, 2008 1:09pm
makes my 70 miles a week look like a leisurely stroll,lol. Too much ice on the ground in the northwest this week.
  • #228
  • Dec 16, 2008 1:15pm Dec 16, 2008 1:15pm
Anyone,

I am having a problem loading these indicators on a 5 min chart.

They cause my IBFX platform to stop working. I've tried the offset @ both 100 & 10.

Can anyone tell me what the problem may be.

If not, is there a similar indicator out there someone could post.

Thanks in advance.
  • #229
  • Dec 16, 2008 1:16pm Dec 16, 2008 1:16pm
wow 30 pip spread on e/j. that is why you stay away from news.

@big, i just posted the template on 5 min e/u and it works fine.
  • #230
  • Dec 16, 2008 1:25pm Dec 16, 2008 1:25pm
Quoting CanuckCT
Yes...let me explain.

H1 and H4 are only used to determine is overall the market is trending or ranging. This is how you catch a big move...by looking at the bigger time frame trend. I do not specifically trade this time frame.

M5 and M15...I'm looking for a very specific trade type....if it's not there...I don't trade it. I also use these timeframes to assess whether market is trending or ranging. Charts are mostly naked...fractals and one moving average and fibs..

M1 and M2 is what I trade mostly and how to time entry for what I may spot...
Canuck
Well said
Barry
  • #231
  • Dec 16, 2008 1:35pm Dec 16, 2008 1:35pm
Quoting CanuckCT
Yes...let me explain.

H1 and H4 are only used to determine is overall the market is trending or ranging. This is how you catch a big move...by looking at the bigger time frame trend. I do not specifically trade this time frame.

M5 and M15...I'm looking for a very specific trade type....if it's not there...I don't trade it. I also use these timeframes to assess whether market is trending or ranging. Charts are mostly naked...fractals and one moving average and fibs..

M1 and M2 is what I trade mostly and how to time entry for what I may spot...

Well said, I was thinking of including that as part of the rules. Don't sit there all day trading, enjoy being fit too.

Fitness is #1 priority in my life too. Enjoyable and good for you. Personally I bike 30k every day and gym. I also do martial arts 3 times per week. Makes sitting down to trade a few hours also enjoyable. I was thinking of sharing an excellent home fitness ebook called "Warrior Fitness" it eliminates the need for a gym. All body weight excercises and cardio. The only reason I go to the gym is for the martial arts because you kinda need an instructor on that one. Whenever I do not have training though I simply go for a bike ride and then home gym using excersises in this ebook.

If anyone is interested PM me and I will upload it to my server for you to download, results will amaze you
  • #232
  • Dec 16, 2008 1:43pm Dec 16, 2008 1:43pm
Hey there TK,

So you ride a road bike?

Next summer planning a 600km ride over 2 days.

http://www.bikingforbreakfast.com/

Going to do this in reverse on day 1...then with the fundraiser on the second day.

It's amazing what happens to your body when you train for something like that.

Have some fitness stuff I could upload as well, if folks are interested. Let me know.

Cheers
CanuckCT

Quoting tkpower8
Well said, I was thinking of including that as part of the rules.

Fitness is #1 priority in my life too. Enjoyable and good for you. Personally I bike 30k every day and gym. I also do martial arts 3 times per week. Makes sitting down to trade a few hours also enjoyable. I was thinking of sharing an excellent home fitness ebook called "Warrior Fitness" it eliminates the need for a gym. All body weight excercises and cardio. The only reason I go to the gym is for the martial arts because you kinda need an instructor on that one. Whenever I do...
  • #233
  • Dec 16, 2008 1:46pm Dec 16, 2008 1:46pm
Quoting tkpower8
.... fact is I have already passed my weekly target...
Wow!! Nice system, TK!!
  • #234
  • Dec 16, 2008 1:48pm Dec 16, 2008 1:48pm
Hi TK,

Just sent you a PM. Thanks for the eBook!

Off topic; do you trade the news at all? Just watched the Fed interest rate come out and a mountain of pips erupted pretty much across the board. I have already hit my daily target so I didn't want to risk anything myself.

Curious,

JMC
  • #235
  • Dec 16, 2008 1:50pm Dec 16, 2008 1:50pm
Quoting CanuckCT
Hey there TK,

So you ride a road bike?

Next summer planning a 600km ride over 2 days.

http://www.bikingforbreakfast.com/

Going to do this in reverse on day 1...then with the fundraiser on the second day.

It's amazing what happens to your body when you train for something like that.

Have some fitness stuff I could upload as well, if folks are interested. Let me know.

Cheers
CanuckCT
I love bicycling.....after graduation, i spent 2 years on mine. Strated in Wisconsin, and ended up in Mexico and then finally stopping in Washington.

It was a real trip and one I am glad I did when I was younger.

Wish i could bike more now. Work, family and trading seem to take up all my time. I need to better manage my Monday through Fridays from 7-3, and then I will have all the time I want to biking.
"Keep your eyes on the helpers" - Mr. Rogers
  • #236
  • Dec 16, 2008 2:21pm Dec 16, 2008 2:21pm
Here's a screen shot of what I'm watching for each of 2 pairs...EJ and GU.

The H1 and H4 give me a bias for buy trade at the moment.

M5 and M15 trendlines and fractal and 200MA.

M1 is F4's template...well it's close to his....and M2 per TK.

On this trade I would have played the break of the trendline as well as what M1 and M2 were telling me.....did nothing as don't trade around the news and was busy doing something else.

Cheers
CanuckCT


Quoting rorieu
All these and your stress level is actually reducing!! How many pills a day do you take ?

R

KISS?
Attached Image (click to enlarge)
Click to Enlarge Name: What I'm looking at.GIF Size: 104 KB
  • #237
  • Dec 16, 2008 2:37pm Dec 16, 2008 2:37pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 119 KB
"Keep your eyes on the helpers" - Mr. Rogers
  • #238
  • Dec 16, 2008 2:38pm Dec 16, 2008 2:38pm
Quoting trueblueTEX
Jth, try re-installing MT4 and then download all the indi's and templates again.
Thanks trueblueTEX but i have sorted it now i just needed to restart my mt4 platform.
JTH
  • #239
  • Dec 16, 2008 3:11pm Dec 16, 2008 3:11pm
Quoting debitel
Posting 2 trades I took based on signal.

One good, one bad. Tkpower8 comment please. (can you check the candles with your broker, maybe that is why the trade wasn't right).
Hi Folks..

I'm going to get on my soap box for a few minutes here in regards to the types of questions that people are asking Tkpower8.

First off, realise that if you are not using the same broker as Tk then there is a good chance that the candles on your chart will not be exactly the same as Tk's. So why would any one ask Tk to look at there chart and compare it to his chart? The rule for entry on the candle is bull eating bear or bear eating bull +2 pips. So you should be able to look at your own chart and determine if that has happened on your chart or not!

The same goes for the trading platform times, Tk uses FxPro and it is set to GMT +2. If you're going to be in this business you better learn how to convert the time on a trading platform to GMT or your local time. There are plenty of internet sites that will do this for you or help you to learn how to do it.

These are just some of the questions that get asked time and again and after a while just burn out the person who started the thread. People like Tk offer their time and systems with the best of intensions and try to help people with their trading. So what I would request of the people reading this thread is to be considerate of Tk's time and think about the types of questions you are asking him before you post. I would say that 80% of the questions that have been asked can be answered by either reading the posts or doing an internet search on your own.

Ok...I'm done now. let's keep this thread focused and please people...be considerate of Tk's time.

Hope every one is making some Christmas pips.
  • #240
  • Dec 16, 2008 3:17pm Dec 16, 2008 3:17pm
Hi guys, I went live for the first time with this setup, after testing for quite a while and feeling pretty comfortable with it, made 7 trades (on EUR/USD), all of them successful.

One tip I think i already saw but it's worth remembering, as soon as the first candle above finishes, move the stop loss to break even, that way you reduce even more the chance of having "negative" profit

The amount of pips I made today is obviously high, since I "caught" the spike up on EU, so it's pretty much an exceptional situation.

Tkpower, for someone with "only" one year experience, no mentor, all self-taught, I lift my hat to you, brilliant solid setup you've mastered. Not to mention your willingness to share it with us!

Many many thanks.

If i get the chance i'll post some charts here, today was a busy day
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