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Tkpower8 ATM

  • #521
  • Dec 19, 2008 12:38am Dec 19, 2008 12:38am
Canuck - thanks, but I know #1 inside/out. I have used MT4 for many years and know what I am doing there. But this time I am stumped. Will download say FXPro and try that. Cheers.
  • #522
  • Dec 19, 2008 12:53am Dec 19, 2008 12:53am
Quoting orientos
Canuck - thanks, but I know #1 inside/out. I have used MT4 for many years and know what I am doing there. But this time I am stumped. Will download say FXPro and try that. Cheers.
Period_covert_Opt indicator has to be there in the indicator folder.

First open M1 chart. Load m1form2 template on it.
Next look for offline M2 chart and open it.
On that chart load atm-m2 template. You are ready.

Without m1form2, you will not have M2 offline chart.

I had this problem initially so I remember these steps now.
"Put all your efforts in becoming effortless"
  • #523
  • Dec 19, 2008 12:57am Dec 19, 2008 12:57am
Thanks IamTHAT. It's working ok on Interbank. Strange. Hope you made some pips on that recent short.
  • #524
  • Dec 19, 2008 1:59am Dec 19, 2008 1:59am
Hello,

I wanted to see what I did wrong on these two trades. both stopped out at 20 pip trailing sl.

Any input would help.

Thanks
Attached Image (click to enlarge)
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  • #525
  • Dec 19, 2008 2:35am Dec 19, 2008 2:35am
Quoting blee95
Hello,

I wanted to see what I did wrong on these two trades. both stopped out at 20 pip trailing sl.

Any input would help.

Thanks
Lower lows AND lower highs. You need at least 1 of the 2 on your side.
  • #526
  • Dec 19, 2008 2:36am Dec 19, 2008 2:36am
My 2 trades of the session were signalled EXACTLY at 08gmt today, the fastest day you could possibly hope for
  • #527
  • Dec 19, 2008 2:39am Dec 19, 2008 2:39am
Hi guys i am using fxpro demo for the last half an hour i am getting common error when trying to place an order. Is anybody else having this problem.
I have talked to the support from fxpro but they are telling everything is fine.
thanks
JTH
  • #528
  • Dec 19, 2008 2:46am Dec 19, 2008 2:46am
Quoting tkpower8
My 2 trades of the session were signalled EXACTLY at 08gmt today, the fastest day you could possibly hope for
Really great. Could post the two trades so i/we could see where you entered and exited if possible.

Thanks
JTH
  • #529
  • Dec 19, 2008 2:52am Dec 19, 2008 2:52am
Quoting jth
Really great. Could post the two trades so i/we could see where you entered and exited if possible.

Thanks
JTH
Need to spend my time on other things here at the minute, just check the g/u and e/j right after the gray zone at 08gmt. Red eats blue at the declining 21 on both counts.

Lazy morn for me I just set 25pip SL AND TP on both and got back to what Iwas doing. Both my targets and thats a wrap.

Just had a lovely breakout on the e/j that was setup with bear eats bull at 8:42gmt. Missed that one but I'm done for the week at this point, need to focus on this ebook for you guys.
  • #530
  • Dec 19, 2008 2:57am Dec 19, 2008 2:57am
Hi Blee,

This is just my take on it. Others might see things differently. I wouldn't have taken the first trade you mention (long) due to the preceeding higher highs and lower lows (price was generally moving in a downward channel). So even though the 21MA was rising at the point where the bull candle ate the bear candle, I'd have still stood aside. For a long at that point I'd have waited for another bull candle eats bear candle, after price had broken the previous swing high of 127.43ish.

Your second trade, the short, personally I would have taken. My stop would have been above the high of the bear candle that was eaten, so wouldn't have been stopped out and could have ridden the downmove for quite a few pips, depending on exit strategy used.

Hope this helps in some way,
Pilks.
  • #531
  • Dec 19, 2008 2:57am Dec 19, 2008 2:57am
Quoting tkpower8
Need to spend my time on other things here at the minute, just check the g/u and e/j right after the gray zone at 08gmt. Red eats blue at the declining 21 on both counts.

Lazy morn for me I just set 25pip SL AND TP on both and got back to what Iwas doing. Both my targets and thats a wrap.

Just had a lovely breakout on the e/j that was setup with bear eats bull at 8:42gmt. Missed that one but I'm done for the week at this point, need to focus on this ebook for you guys.
Ok no probs thanks anyway.
JTH
  • #532
  • Dec 19, 2008 2:58am Dec 19, 2008 2:58am
This a well done method and thread!!!
Here is my first live trade!

Thanks TK.
Attached Image (click to enlarge)
Click to Enlarge Name: First Live Trade.jpg Size: 92 KB
Attitude can reflect outcome in life and trading!
  • #533
  • Dec 19, 2008 2:59am Dec 19, 2008 2:59am
Hello TK and others,

Do you know of a resource where I could learn more about exactly the implecations of the LL and LH's you are talking about. I have went through babypips and others and I also understand the triangle issues but the issue of the LL and LH seems to be difficult for me to grasp in regards to this trading style. Please excuse my ignorance if it is obvious but I have reread the first post several times and do not completely understand this aspect of the price action style. I appreciate all of your time since I know answering questions is not the most fun thing to do.

Thank again.
  • #534
  • Dec 19, 2008 2:59am Dec 19, 2008 2:59am
I missed it feeling the sidewalk was to long.
TK, how do you feel? Is it a good entry for you?
Attached Image (click to enlarge)
Click to Enlarge Name: 2008-12-19_165705.png Size: 19 KB
  • #535
  • Dec 19, 2008 3:05am Dec 19, 2008 3:05am
Quoting tkpower8
My 2 trades of the session were signalled EXACTLY at 08gmt today, the fastest day you could possibly hope for
TK
How did you exit the GU one - when you got 40 pips or on the 804gmt blue candle 40pips??
The sell I see on EJ had a blue reverse on the second candle. Did you sell there or continue for 40+

r
  • #536
  • Dec 19, 2008 3:09am Dec 19, 2008 3:09am
Hi,

I've noticed that many of you has changed some setups of sma (at the beginning there was two colours but now only green). So how do you guys trade with that? Wasnt it that you take shorts only with the red sma and longs when it is green?

Long trades abowe sma and vs maybe ??

I've followed this thread since beginning and havent seen any changes of that rule.
  • #537
  • Edited 3:46am Dec 19, 2008 3:11am | Edited 3:46am
Hi Guys..

If any one wants to learn more about swing highs and lows here is a Martin Pring document that will give you a good explanation.
Attached File(s)
File Type: pdf Peaks_and_Troughs_Pring.pdf   181 KB | 495 downloads
  • #538
  • Dec 19, 2008 3:12am Dec 19, 2008 3:12am
Quoting tkpower8

I wanted to see what I did wrong on these two trades. both stopped out at 20 pip trailing sl.

Any input would help.
Thanks


Lower lows AND lower highs. You need at least 1 of the 2 on your side.
And one more dont trade before the 08gmt ; )
I took that two trades two. I hope that when tkpower8 will finish his ebook evrything will be clear for us. ; )

I diminished my losses with this trade on e/u - crazy still falling ; )
http://images6.fotosik.pl/354/f76de863dd7cba7e.gif
I'm using Google Translator.
  • #539
  • Dec 19, 2008 3:14am Dec 19, 2008 3:14am
Thanks Pilks.

Then you would not use a trailing stop? Just a fixed stop... After looking again at the chart I see your point on the first trade, I should have passed on that one. The issue on the second is really how to setup a good SL strategy. I am not sure if I should us a trailing stop or not.

Thank for your input.
  • #540
  • Dec 19, 2008 3:15am Dec 19, 2008 3:15am
Thanks for the resource Ozzie.
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