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Bull and Bear Entry

  • #261
  • Feb 11, 2009 8:49pm Feb 11, 2009 8:49pm
When ever there is some more development I am posting it here

I was checking the stoch as an additional indicator to the system and it work
very good as follows

Time frame 5 minutes

Stoch set up 30.3.3

Level 80 and 20

Candles placed above 21 EMA high

Stoch drops from 80 and also bear and bull inicator down go for short
and vice versa for long

Very stright forward and the above stoch not looking good in M1 and M 5


Check the screen shot
Attached Image (click to enlarge)
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  • #262
  • Feb 11, 2009 8:51pm Feb 11, 2009 8:51pm
Some contract went for short based on stoch
Attached Image (click to enlarge)
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  • #263
  • Feb 11, 2009 9:22pm Feb 11, 2009 9:22pm
The latest on the same contract


The M 30 stoc setting will be 3.3.3
Attached Image (click to enlarge)
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  • #264
  • Feb 12, 2009 2:25am Feb 12, 2009 2:25am
M5 and M 30 both stoc goes hand in hand

Till M 30 turns out to bullish any pull back in M 5 will be due for going short

now +83 pip
Attached Image (click to enlarge)
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  • #265
  • Feb 12, 2009 3:05am Feb 12, 2009 3:05am
Quoting harigp
M5 and M 30 both stoc goes hand in hand

Till M 30 turns out to bullish any pull back in M 5 will be due for going short

now +83 pip

I think you entered when stoch went above 80 and comin down and when both bull and bear indicator go into minus(-) zone. Am I right?
  • #266
  • Feb 12, 2009 3:40am Feb 12, 2009 3:40am
Hi wah

I know that the market is bearish which is confimed in M 30, HI, Daily

Yes the stock went from 20 in both time frame towards 80 but I have not done anything becauseI was wating for the short to play and when it reached above 80 and when the candles reached the top of EMA high in M5
and stock started to come down from 90 I pulled the trigger .

The pip generated is +200.

I can also go long but pip wise short is much better

By the way this is going to be trade method with stoc and bull and bear indicator. i dont think I need more research will keep this system and on
sat I will make a summary final
  • #267
  • Feb 12, 2009 4:21am Feb 12, 2009 4:21am
Quoting harigp
Hi wah

I know that the market is bearish which is confimed in M 30, HI, Daily

Yes the stock went from 20 in both time frame towards 80 but I have not done anything becauseI was wating for the short to play and when it reached above 80 and when the candles reached the top of EMA high in M5
and stock started to come down from 90 I pulled the trigger .

The pip generated is +200.

I can also go long but pip wise short is much better

By the way this is going to be trade method with stoc and bull and bear indicator. i dont think I need more research...


I think I understand now. The only thing still confusing me is how to use the bull bear indicators.
  • #268
  • Feb 12, 2009 4:33am Feb 12, 2009 4:33am
Hi wah

As long as bull and bear indicator in M 30, H1, DAILY is down in all these time frames. In M 5 we do the job only of waiting the candles to go high up and pull it from their

I am not suggesting that you never should go long you can based on the situtaion

As long as the candles in M 30 is not braking the EMA 21 high it can be short short and short
  • #269
  • Feb 12, 2009 4:38am Feb 12, 2009 4:38am
Quoting harigp
Hi wah

As long as bull and bear indicator in M 30, H1, DAILY is down in all these time frames. In M 5 we do the job only of waiting the candles to go high up and pull it from their

I am not suggesting that you never should go long you can based on the situtaion

As long as the candles in M 30 is not braking the EMA 21 high it can be short short and short


Got it.
  • #270
  • Feb 12, 2009 5:08am Feb 12, 2009 5:08am
Hi wah

Try to post charts of your trade

can be another short as per chart till everything is fromed properly and candles does not cross EMA 21 in M 30

You can see in m5 the stoc is moving fast to reach 80 and above but the price is not moving that fast. In M 30THE STOc has already reached 75 but
the price movement is slow
  • #271
  • Feb 12, 2009 5:11am Feb 12, 2009 5:11am
Potential sell developing
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  • #272
  • Feb 12, 2009 5:16am Feb 12, 2009 5:16am
Potential sell developing
  • #273
  • Feb 12, 2009 5:24am Feb 12, 2009 5:24am
Let us see how far the stoc will go
  • #274
  • Edited 7:55am Feb 12, 2009 7:42am | Edited 7:55am
The first potential sell opportunity(first red line) would'nt be taken because the stoch is not overbought. The 2nd opportunity would be taken(2nd line) and we would have exited at the change of heikin ashi colour. The 3rd would be taken when heikin ashi changes to red.
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  • #275
  • Feb 12, 2009 7:55am Feb 12, 2009 7:55am
HI wah

There is one more thing developing here the us important new as you can see the stoc made a u trun after the news wich was + so still I am waiting to things to develop more

Just before the news the long could have got app +47 pip and the drop in stoc just before the news could have +30 pip

but still waiting
  • #276
  • Feb 12, 2009 8:01am Feb 12, 2009 8:01am
Quoting harigp
HI wah

There is one more thing developing here the us important new as you can see the stoc made a u trun after the news wich was + so still I am waiting to things to develop more

Just before the news the long could have got app +47 pip and the drop in stoc just before the news could have +30 pip

but still waiting

Would you have taken that long? It was below the ma low on 30 min.
  • #277
  • Feb 12, 2009 8:11am Feb 12, 2009 8:11am
Yes I would have taken it the time I started the thread , the entry is valid in all respect. But I am trying to see the big picture of market condition and try to trade that way

There is no way Idisrespect that long entry by using the M1 OR M 2 time frame.
  • #278
  • Feb 12, 2009 8:16am Feb 12, 2009 8:16am
Hi Wah

The M 5 stoc can go up to zero zero when I had the entry in the afternoon whihc has neted +220 pip
  • #279
  • Feb 12, 2009 8:17am Feb 12, 2009 8:17am
Just entered this sell. Let's see.
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  • #280
  • Feb 12, 2009 8:30am Feb 12, 2009 8:30am
Quoting harigp
Hi Wah

The M 5 stoc can go up to zero zero when I had the entry in the afternoon whihc has neted +220 pip

I don't uderstand what you mean. I just sent you a private message.
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