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Tkpower8 ATM

  • #841
  • Dec 30, 2008 1:17pm Dec 30, 2008 1:17pm
Quote
I entered for a long at the red arrow... and i lost!
Anyboby kind enough to comment on what i did wrong ?
thanks
Other than being right at the pivot it looked like a good setup to me, with a low risk stop that I would have taken.

The good thing is that you got another great entry about an hour later that would have erased your loss and put you in the green the question is did you take it?

DS
  • #842
  • Dec 30, 2008 2:04pm Dec 30, 2008 2:04pm
Quoting deepsouth
Other than being right at the pivot it looked like a good setup to me, with a low risk stop that I would have taken.

The good thing is that you got another great entry about an hour later that would have erased your loss and put you in the green the question is did you take it?

DS
Great entry an hour later you're right!... unfortunately i wasn't in front of my screen anymore :-(
Next time i'll be more cautious at the pivot. Thanks for your comments!
  • #843
  • Dec 30, 2008 2:10pm Dec 30, 2008 2:10pm
Can't win them all....I had something similar earlier today on GU. Lost 15 and immediately entered in opposite direction. Both were valid entries near 21SMA...net of two trades was +12. Nothing wrong with your entry....but the point was already made...did you take next entry. Cause you would have made it all back and more.

Cheers
CanuckCT


Quoting zenitude
I entered for a long at the red arrow... and i lost!
Anyboby kind enough to comment on what i did wrong ?
thanks

http://i42.tinypic.com/20sufte.jpg
  • #844
  • Dec 30, 2008 2:20pm Dec 30, 2008 2:20pm
Quote
Great entry an hour later you're right!... unfortunately i wasn't in front of my screen anymore :-(
Next time i'll be more cautious at the pivot. Thanks for your comments!
I certainly didn't mean anything negative by that, it was just an observation...I brought it up as this is something I struggle with, taking the next signal soon after a loss....

Good luck!

DS
  • #845
  • Dec 30, 2008 2:35pm Dec 30, 2008 2:35pm
Quoting CanuckCT
TK...do you, or does anyone else, know how to move the labels for each line on the SDX-Pivots to the far right instead of the far left?
Thanks
CanuckCT
I wasted a whole bunch of time trying to figure that one out myself. No joy.

However, when you put your mouse cursor over a line it tells you what line it is so I have made do with that
  • #846
  • Dec 30, 2008 3:08pm Dec 30, 2008 3:08pm
I picked up another +19 pips at the vertical line.
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 30 KB
  • #847
  • Dec 30, 2008 3:21pm Dec 30, 2008 3:21pm
Quoting jdcompute
I picked up another +19 pips at the vertical line.
Was the line showing your entry or your exit?
  • #848
  • Dec 30, 2008 4:06pm Dec 30, 2008 4:06pm
Here's an indicator I have that pop/up alerts the break of Hi/Lo of any desired time period(s). Will plot 3 at once and fits nicely over top of the ant-GUBreakout.
Any chance the new arrow indicator can be posted separately ?
Attached File(s)
File Type: zip 3Sessions_HiLoBoxes_with_alert_[ChrisWilson].zip   13 KB | 492 downloads
  • #849
  • Dec 30, 2008 4:37pm Dec 30, 2008 4:37pm
Quoting jdcompute
I picked up another +19 pips at the vertical line.
I notice that signal on your chart to, and seems to be a looser.

So any replays pls why not to take that trade??

Tnx
Attached Image
  • #850
  • Dec 30, 2008 4:43pm Dec 30, 2008 4:43pm
Quoting tradeguru
Was the line showing your entry or your exit?
That line shows my entry. I'm still working on my exits.
  • #851
  • Dec 30, 2008 4:44pm Dec 30, 2008 4:44pm
Quoting gasgas
I notice that signal on your chart to, and seems to be a looser.

So any replays pls why not to take that trade??

Tnx
I personally wouldn't have taken that one because it's too far from the 21 SMA for me.
  • #852
  • Dec 30, 2008 4:58pm Dec 30, 2008 4:58pm
Quoting jdcompute
That line shows my entry. I'm still working on my exits.
So, what is triggering your entries? You seem to not be using the "candle eating" trigger.
  • #853
  • Dec 30, 2008 5:04pm Dec 30, 2008 5:04pm
Quoting jdcompute
I personally wouldn't have taken that one because it's too far from the 21 SMA for me.
Good point...it was very far from it. Also I would hesitate to pull a trigger because big move already happened two candles before. + I never trade Australia session.
  • #854
  • Dec 30, 2008 5:09pm Dec 30, 2008 5:09pm
Quoting wrenski
So, what is triggering your entries? You seem to not be using the "candle eating" trigger.
That's what I thought!
  • #855
  • Dec 30, 2008 5:10pm Dec 30, 2008 5:10pm
Quoting BubbaHotep
Here's an indicator I have that pop/up alerts the break of Hi/Lo of any desired time period(s). Will plot 3 at once and fits nicely over top of the ant-GUBreakout.
Any chance the new arrow indicator can be posted separately ?
It is in the zip file separatley. It runs by it self. it is the tkpower_ATM Edition2 Final.mq4. You can load it like any other indicator.
  • #856
  • Dec 30, 2008 5:14pm Dec 30, 2008 5:14pm
Quoting wrenski
So, what is triggering your entries? You seem to not be using the "candle eating" trigger.
I am..I just fudged a tad on that one because I had a good feeling it was going down more.
  • #857
  • Dec 30, 2008 5:20pm Dec 30, 2008 5:20pm
Quoting jdcompute
I am..I just fudged a tad on that one because I had a good feeling it was going down more.
Oh, Ok. "Good feeling" is one of the best indicators in a trader's toolbox.
  • #858
  • Dec 30, 2008 5:47pm Dec 30, 2008 5:47pm
I think that's called looking at price action....it just looked like it was going down and it was a good setup. I think you are indeed reaping the benefits of TK's method, which it using price action as your primary indicator.
Cheers
CanuckCT

Quoting wrenski
Oh, Ok. "Good feeling" is one of the best indicators in a trader's toolbox.
  • #859
  • Dec 30, 2008 6:13pm Dec 30, 2008 6:13pm
Quoting CanuckCT
I think that's called looking at price action....it just looked like it was going down and it was a good setup. I think you are indeed reaping the benefits of TK's method, which it using price action as your primary indicator.
Cheers
CanuckCT
Thanks Canuck! I've placed 10 trades using this system today and haven't lost one. I know a loss is coming but the small SL and 80% chance of getting that back and more makes this a very attractive system. It's making trading fun again.
  • #860
  • Dec 30, 2008 7:12pm Dec 30, 2008 7:12pm
Quoting CanuckCT
I think that's called looking at price action....it just looked like it was going down and it was a good setup. I think you are indeed reaping the benefits of TK's method, which it using price action as your primary indicator.
Cheers
CanuckCT

AKA...Brain Indicator!
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