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Tkpower8 ATM

  • #861
  • Dec 30, 2008 7:28pm Dec 30, 2008 7:28pm
Try these...

Quoting tkpower8
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
Attached File(s)
File Type: mq4 SDX.mq4   17 KB | 351 downloads
File Type: mq4 SDX Aqua.mq4   17 KB | 392 downloads
  • #862
  • Dec 30, 2008 8:42pm Dec 30, 2008 8:42pm
Quoting jdcompute
I am..I just fudged a tad on that one because I had a good feeling it was going down more.
I have to be at odds with Canuck here! jdcompute needs to go to the 'naughty step'.

In my view TK opines only take 'properly qualified' set-ups. Once you go away from the 11 commandments (chapters) you find losing trades.

Here endeth the lesson!!
  • #863
  • Dec 30, 2008 8:56pm Dec 30, 2008 8:56pm
Well Phreddy,
JD says he's 10 for 10 today. Seems like he's doing something right....he's reading the price action. I'm 7 for 9 today and 180 pips...a lot of TK in it, but not pure. Perhaps JD would offer a comment and whether he's a TK purist or doing something that is uniquely his own. I bet it's the latter.
Cheers
CanuckCT

Quoting Phreddy
I have to be at odds with Canuck here! jdcompute needs to go to the 'naughty step'.

In my view TK opines only take 'properly qualified' set-ups. Once you go away from the 11 commandments (chapters) you find losing trades.

Here endeth the lesson!!
  • #864
  • Dec 30, 2008 9:42pm Dec 30, 2008 9:42pm
http://www.electrolegal.com/forum/vi...3&t=14&start=0

I have another post re this.

Cheers
CanuckCT

Quoting tkpower8
Money management plan I promised is here - TK Plan

There is also 1 from CanuckCT there if you like
  • #865
  • Dec 30, 2008 10:15pm Dec 30, 2008 10:15pm
One more thing...for those of you who can read an Excel file....here is something that will allow you to add your own variables....you set your target per day, your starting account balance, the average size of your stop and percent of account value to risk per trade and it calculates the pip size and then takes that scenario out 12 months. Now if I had the decipline to follow this....

Cheers
CanuckCT
Attached File(s)
File Type: xls MM Calculator.xls   106 KB | 437 downloads
  • #866
  • Edited 10:50pm Dec 30, 2008 10:48pm | Edited 10:50pm
Got that thank you. xls and pdf
I would be interested in JD's stance as well.

I had a quick look this morning, saw a 'proper' entry, got stopped out.

My wife and I will be doing this seriously on demo from Monday.
  • #867
  • Dec 30, 2008 10:50pm Dec 30, 2008 10:50pm
Quoting CanuckCT
One more thing...for those of you who can read an Excel file....here is something that will allow you to add your own variables....you set your target per day, your starting account balance, the average size of your stop and percent of account value to risk per trade and it calculates the pip size and then takes that scenario out 12 months. Now if I had the decipline to follow this....

Cheers
CanuckCT
Thanks Canuck, that's a great little excel file!

Jmc
  • #868
  • Dec 31, 2008 4:12am Dec 31, 2008 4:12am
here's my current trade: two up signals back to back, but I don't have a good feeling about it anyway! Anyone see anything here that would keep you out of this trade?
PS will post results later to keep you in suspense.
Attached Image (click to enlarge)
Click to Enlarge Name: upup.gif Size: 30 KB
Isolate yourself from the herd
  • #869
  • Edited 4:29am Dec 31, 2008 4:18am | Edited 4:29am
and now you know the rest of the story! Lucky I didn't have a 25 pip SL set!

Seriously, what if any were the warnings that this was a bad trade to take?

FW (-10 pips)

PS notice the "third trade" that giant green candle, also a fake-out.
Attached Image (click to enlarge)
Click to Enlarge Name: upup.gif Size: 30 KB
Isolate yourself from the herd
  • #870
  • Dec 31, 2008 4:38am Dec 31, 2008 4:38am
This system - as many other pullback trend followers - works as long as the volatility ist as high as in the last months.
When volatility decreases to its normal level, system may stop being profitable, because profits a not great enough to compensate for many whipsaw losses in ranging markets.
  • #871
  • Dec 31, 2008 4:59am Dec 31, 2008 4:59am
Quoting ChrisM
This system - as many other pullback trend followers - works as long as the volatility ist as high as in the last months.
When volatility decreases to its normal level, system may stop being profitable, because profits a not great enough to compensate for many whipsaw losses in ranging markets.
I Disagree, as long as volumes are decent everything is fine
  • #872
  • Dec 31, 2008 5:10am Dec 31, 2008 5:10am
Quote forexweasel : Anyone see anything here that would keep you out of this trade?

Yes, don't trade in thin/holiday market

PC
Less is more...
  • #873
  • Dec 31, 2008 6:53am Dec 31, 2008 6:53am
Hi Traders,

This is a little off subject, but where did you guys get the clock
I see on your charts? Is it only from MT or is it a seperate download?

Thanks,

AZ
I found the guy who keeps losing me money. Its "ME" SHOOT HIM!
  • #874
  • Dec 31, 2008 7:19am Dec 31, 2008 7:19am

Happy New Year 2009.

I wish you all $1,000,000 in 1 year.
Australia already celebrating.

G.
I'm using Google Translator.
  • #875
  • Dec 31, 2008 7:53am Dec 31, 2008 7:53am
Quoting pipcruiser
Quote forexweasel : Anyone see anything here that would keep you out of this trade?

Yes, don't trade in thin/holiday market

PC
I'm gonna have to agree with PC on this one, I traded on the Monday before xmas with caution and haven't traded since. Volumes are crap and its not worth it
  • #876
  • Dec 31, 2008 8:52am Dec 31, 2008 8:52am
Quoting tkpower8
I Disagree, as long as volumes are decent everything is fine
I started at 8:00GMT and picked up +125 on eurusd and +31 on usdjpy..I actually just closed both trades.
  • #877
  • Dec 31, 2008 8:53am Dec 31, 2008 8:53am
Quoting Phreddy
Got that thank you. xls and pdf
I would be interested in JD's stance as well.

I had a quick look this morning, saw a 'proper' entry, got stopped out.

My wife and I will be doing this seriously on demo from Monday.
Actually yesterday was a variation of the method. Today I'm trading strictly the ATM method and I'm two for two so far.
  • #878
  • Dec 31, 2008 8:59am Dec 31, 2008 8:59am
Quoting AZ-Heat
Hi Traders,

This is a little off subject, but where did you guys get the clock
I see on your charts? Is it only from MT or is it a seperate download?

Thanks,

AZ
Try these.
Attached File(s)
File Type: mq4 b-clock modified no Watermark.mq4   2 KB | 340 downloads
File Type: mq4 b-clock modified.mq4   2 KB | 330 downloads
  • #879
  • Dec 31, 2008 9:52am Dec 31, 2008 9:52am
Just wanted to wish you all a Happy New Year

May you achieve any goals you set.

See you all on Monday when I have recovered and got my head back on straight.
  • #880
  • Dec 31, 2008 9:56am Dec 31, 2008 9:56am
Quoting tkpower8
Just wanted to wish you all a Happy New Year

May you achieve any goals you set.

See you all on Monday when I have recovered and got my head back on straight.
Hey dude, thanks for your help and your contribution. I wish you the same and again, I wish to express our gratitude.
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