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Tkpower8 ATM

  • #401
  • Dec 18, 2008 3:59am Dec 18, 2008 3:59am
Quoting ozziedave
Hi Tk..

Is this the abc reset wave you are talking about on the GBP? Just wanted to clarify what it was.
Move your B over to the next down dip a few candles later and your C over to that slightly lower up peak. The B you have was only a 1 candle pullback and I would not count it
  • #402
  • Dec 18, 2008 4:00am Dec 18, 2008 4:00am
Quoting tkpower8
.

I also bought e/j btw and just exited that for 40 aswell. 37mins into my session and I'm done
TK, what time was your EJ trade?

R
  • #403
  • Dec 18, 2008 4:01am Dec 18, 2008 4:01am
What should the Stochastic inputs settings be? kperiod, slowing, price field?

thanks
  • #404
  • Dec 18, 2008 4:08am Dec 18, 2008 4:08am
Quoting ubp
How do you keep your emotions at bay knowing you could have grabed another 150 pips.
You cannot dwell on the 'what if's and 'could have's. There will be plenty of pips everyday of the week and you do not have to get them all. If you grabbed 80+ then you should be happy about that

Anyone watching the e/j breakout today could have entered right at the breakout line (or just after) when they saw the power in the movement and chunks it started jumping up. This is soemthing else we will get into later I think, there are the odd occassion where it is worth risking 15pips on a movement like such.
  • #405
  • Dec 18, 2008 4:09am Dec 18, 2008 4:09am
TK would you be a little apprehensive to take a trade right here after such a large move?
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  • #406
  • Dec 18, 2008 4:09am Dec 18, 2008 4:09am
Quoting rorieu
TK, what time was your EJ trade?

R
8:14gmt
  • #407
  • Dec 18, 2008 4:15am Dec 18, 2008 4:15am
Quoting tkpower8
8:14gmt
TK

Can't see it can you do a chart please?

R
  • #408
  • Dec 18, 2008 4:17am Dec 18, 2008 4:17am
Quoting ubp
Trade results. arrow- entry, price tag= take 1/2, x= sl, Any critiques welcomed. I thought it was decent setup. But you don't know what you don't know, 'till you know it.
I spotted this one too but it was less than 1/2 hour before the news. The one I display here was 4 mins after the news, so still too risky for me. Also it was only one bar retracement, but look what a beauty it was though: over 200 pip move before showing weakness! Anyone wise/brave enough to take it?
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  • #409
  • Dec 18, 2008 4:18am Dec 18, 2008 4:18am
I'm done. I'll see you guys for U.S. open. I love this kind of trading. Simple and took apx 1hr instead of 6. I can actually maybe start getting some sleep,lol.
  • #410
  • Dec 18, 2008 4:32am Dec 18, 2008 4:32am
Quoting ubp
I'm done. I'll see you guys for U.S. open. I love this kind of trading. Simple and took apx 1hr instead of 6. I can actually maybe start getting some sleep,lol.
Nice one, this is what I want to hear
  • #411
  • Dec 18, 2008 4:43am Dec 18, 2008 4:43am
Quoting tkpower8
I haven't really spotted any new questions lately that have not been covered somewhere but it is clear that post 1 is ready for an upgrade. Instead of posting anything further this week I am just going to say that the rest of this week and this weekend will be spent on post 1, a downloadable ebook, and getting the website started.

Mikep has been kind enough to write an indicator that alerts you the second a candle eats candle with all parameters met. Its working great so far but he is now making it even better by including something else I have...
I really love that system TK..thanks man cant wait for V2..u really put some great effort on that system
  • #412
  • Dec 18, 2008 4:51am Dec 18, 2008 4:51am
Quoting rorieu
TK

Can't see it can you do a chart please?

R
Here you go

This is the Edition2.0 template btw, just working the arrows/indi with Mikep and its ready

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  • #413
  • Edited 5:26am Dec 18, 2008 5:16am | Edited 5:26am
Quoting tkpower8
Here you go

This is the Edition2.0 template btw, just working the arrows/indi with Mikep and its ready
Thanks TK

Surprised the difference is so big?

r
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  • #414
  • Dec 18, 2008 5:17am Dec 18, 2008 5:17am
Quoting xecret
mprincehorn, can you apply M2 chart to the PDA? Or you are using other time frame? Thanx.
xecret,
No, you cannot use any custom indicators or timeframes. I use 5 min.
  • #415
  • Dec 18, 2008 5:21am Dec 18, 2008 5:21am
Quoting rorieu
Thanks TK

Surprised the difference is so big?

r

That is a massive difference. Which broker are you using?

Dazzer
  • #416
  • Dec 18, 2008 5:34am Dec 18, 2008 5:34am
Quoting Dazzer
That is a massive difference. Which broker are you using?

Dazzer
Hi Dazzer

I use various brokers for charts only not trading.
This is Interbank, the current favourite which I use because they're on GMT, useful for me in the UK.

There will always be differences but you would expect it to average out over time.
Mnd you the one I've shown is much bigger than I'd expect.

I may change to FXPro which is what TK uses, I think, so our charts will match while following this thread

rorieu
  • #417
  • Edited 6:06am Dec 18, 2008 6:04am | Edited 6:06am
Anyone else take this 32 pip loser, or just me??

Comments anyone?

Dazzer
  • #418
  • Dec 18, 2008 6:06am Dec 18, 2008 6:06am
32 pip loser. For me anyway

What did I do wrong?
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  • #419
  • Dec 18, 2008 6:22am Dec 18, 2008 6:22am
Quoting Dazzer
32 pip loser. For me anyway

What did I do wrong?

Pin bar 4 candles back could have been a sign for reversal. Also, I would have waited for price to clearly break the Daily Pivot Point.
  • #420
  • Dec 18, 2008 6:22am Dec 18, 2008 6:22am
Quoting Dazzer
32 pip loser. For me anyway

What did I do wrong?
I will not write about the setup because just studying this system. However, this position would be for me at BE.

Opening position it is the begining for success on this market.

Take Profit 1 after 10-15 pips ( 50% can be closed ) and the remainder set at
breakeven or an equivalent of pips.
I'm using Google Translator.
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