Tkpower8 ATM | Page 59 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The ATM Machine 9 replies

My ATM Machine 6 replies

Like an ATM! Think again... 4 replies

Reliable broker with micro, cc/atm, trailing stop 0 replies

Attachments: Tkpower8 ATM
Exit Attachments

Tkpower8 ATM

  • #1,161
  • Jan 6, 2009 5:18pm Jan 6, 2009 5:18pm
Quoting forexweasel
one more time...

well I guess you just have to click to open it, thats the best I can do with the screenshot key
Perfect! That's it Been racking my brain all day....
You'd the man.

Thanks
  • #1,162
  • Jan 6, 2009 5:22pm Jan 6, 2009 5:22pm
Quoting forexweasel
funny, on my chart, the blue candle that got eaten is not there, its a candle with open=close, looks like a Plus sign (+) so I didn't get the ATM signal. What broker is that wrenski, I'm with IBFX? Also what stoch is that at the bottom?

FW
I'm with IBFX too and it is the candle @ 22:20. The stochastic is the one TK provided in his first indi. zip file.
  • #1,163
  • Jan 6, 2009 5:52pm Jan 6, 2009 5:52pm
Quoting wrenski
I'm with IBFX too and it is the candle @ 22:20. The stochastic is the one TK provided in his first indi. zip file.
my 22:20 candle is a big down one, I must be off by one minute from you or something. nevermind.
Isolate yourself from the herd
  • #1,164
  • Jan 6, 2009 6:04pm Jan 6, 2009 6:04pm
Here's a trade I made that stoppedo out for minus 20 (ouch) its the first down signal after the SMA210 turned red and after the M15 stoch crossed down. I'm wondering if the ATM signal was too many bars into the move, or its just too choppy to trade right. Any comments on why this trade should not have been taken? thanks.

that long, flat period on the stoch should have been a warning I suppose
Attached Image (click to enlarge)
Click to Enlarge Name: loser.gif Size: 30 KB
Isolate yourself from the herd
  • #1,165
  • Jan 6, 2009 6:10pm Jan 6, 2009 6:10pm
Quoting forexweasel
my 22:20 candle is a big down one, I must be off by one minute from you or something. nevermind.
The candle @ 22:20 is a down candle. The candle @ 22:18 was a doji on my interbank chart. Wrenski's was blue on his posted chart.
Maybe the difference between Demo and Live.....
Whose knows....
I've taken some TK trades off the doji's.
BTW: Stoch works great for that!
  • #1,166
  • Jan 6, 2009 6:14pm Jan 6, 2009 6:14pm
Quoting forexweasel
Here's a trade I made that stoppedo out for minus 20 (ouch) its the first down signal after the SMA210 turned red and after the M15 stoch crossed down. I'm wondering if the ATM signal was too many bars into the move, or its just too choppy to trade right. Any comments on why this trade should not have been taken? thanks.

that long, flat period on the stoch should have been a warning I suppose
To choppy and hovering right around the 1.3500 psych #
JMO
  • #1,167
  • Jan 6, 2009 6:16pm Jan 6, 2009 6:16pm
Quoting Cache69
To choppy and hovering right around the 1.3500 psych #
JMO

20 pip tuition!


it retraced exactly to the 38.2 fib from the big downmove 1/5 at 0:800. now what? down again or up (place your bets)
Isolate yourself from the herd
  • #1,168
  • Jan 6, 2009 6:18pm Jan 6, 2009 6:18pm
Quoting forexweasel
20 pip tuition!
Draw a support line @ the bottom of the Range and wait for it to break below that before taking any trades.

Edit: Be aware of the daily pivot below the support line.
  • #1,169
  • Jan 6, 2009 6:36pm Jan 6, 2009 6:36pm
Quoting Cache69
Draw a support line @ the bottom of the Range and wait for it to break below that before taking any trades.

Edit: Be aware of the daily pivot below the support line.
the daily pivot actually seems to be just a few pips below a support line for this ranginess. at the top of the range, the autopivot indicator has a line labeled "weekly s2" which I guess can offer resistance from the underside
Isolate yourself from the herd
  • #1,170
  • Jan 6, 2009 6:39pm Jan 6, 2009 6:39pm
Quoting forexweasel
the daily pivot actually seems to be just a few pips below a support line for this ranginess. at the top of the range, the autopivot indicator has a line labeled "weekly s2" which I guess can offer resistance from the underside
"Ranginess" Good word....I like It!!!
  • #1,171
  • Jan 6, 2009 6:48pm Jan 6, 2009 6:48pm
Good little move up on EJ right now but I missed it. I'm waiting to see if I can grab a few pips from EU this session back up to the top of the range.
  • #1,172
  • Jan 6, 2009 7:18pm Jan 6, 2009 7:18pm
I managed to grab a few here but I think I'll wait on a move up now.
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 19 KB
  • #1,173
  • Jan 6, 2009 7:24pm Jan 6, 2009 7:24pm
I grabbed some pips there too. I kept a really tight stop cause I didn't have my M15 crutch in position where I like it. entered at both red down arrows for 10 pips each. What makes you think its going up soon?
Isolate yourself from the herd
  • #1,174
  • Jan 6, 2009 7:31pm Jan 6, 2009 7:31pm
Quoting forexweasel
I grabbed some pips there too. I kept a really tight stop cause I didn't have my M15 crutch in position where I like it. entered at both red down arrows for 10 pips each. What makes you think its going up soon?
I'm just trying to use some predictive MTF talk there :-) for the other stochs to come down, doesn't the M15 have to come back up and then down?
  • #1,175
  • Jan 6, 2009 8:21pm Jan 6, 2009 8:21pm
Quoting forexweasel
I grabbed some pips there too. I kept a really tight stop cause I didn't have my M15 crutch in position where I like it. entered at both red down arrows for 10 pips each. What makes you think its going up soon?
Here's the move up. I missed it of course :-) babysitting.
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 20 KB
  • #1,176
  • Jan 6, 2009 8:32pm Jan 6, 2009 8:32pm
Quoting jdcompute
Here's the move up. I missed it of course :-) babysitting.
don't worry there will be another one. I see you've adopted the M15 stoch as well for your ATM template. I got in at the first up arrow after the SMA turned and the M15 went over 20. lock in 10 pips and letting it ride with a TSL cause the M15 still has a lot of room to go
Isolate yourself from the herd
  • #1,177
  • Jan 6, 2009 8:46pm Jan 6, 2009 8:46pm
Quoting forexweasel
don't worry there will be another one. I see you've adopted the M15 stoch as well for your ATM template. I got in at the first up arrow after the SMA turned and the M15 went over 20. lock in 10 pips and letting it ride with a TSL cause the M15 still has a lot of room to go
I was thinking the same thing about the M15 going up more but looks like that 1.3500 level is still a roadblock for right now.
  • #1,178
  • Jan 6, 2009 8:55pm Jan 6, 2009 8:55pm
Quoting jdcompute
I was thinking the same thing about the M15 going up more but looks like that 1.3500 level is still a roadblock for right now.

yep the M15 just did a bat-turn and is pointed down. I closed the trade at 22 pips when the fast MA crossed the 21MA. I guess there is a chance it will turn around, but yeah alot of resistance around here. Will probably make a giant multi-hour trending move just after I go to bed tonight!
Attached Image (click to enlarge)
Click to Enlarge Name: buby.gif Size: 29 KB
Isolate yourself from the herd
  • #1,179
  • Jan 6, 2009 9:34pm Jan 6, 2009 9:34pm
Quoting forexweasel
I grabbed some pips there too. I kept a really tight stop cause I didn't have my M15 crutch in position where I like it. entered at both red down arrows for 10 pips each. What makes you think its going up soon?

forexweasel,

What time of the day do you normally trade this system?

Thanks
rptrader
  • #1,180
  • Jan 6, 2009 11:47pm Jan 6, 2009 11:47pm
How do you get the 15 min stoc on 2 min chart sorry if it's already been asked too busy making pips

Thanks,
Matt
0 traders viewing now