Bull and Bear Entry

Trade

Stoc up bulls up

Pull back and enter new contract

Look for a good move at 8 GMT Candle

Half lot closed at 75 pip balance at BE

Would you have taken the sell signal before this?

Hi wah

This sell was in 8 GMT CANDLE before that it was asia session I am not vey interested sometimes

Wah always look for 8 GMT CANDLE pip is guranted.

Ok. I should wait for the 8 GMT candle to open then watch out for setups immediately after the open.

Wah

Look out for 8 GMT, 14 GMT, 15 GMT see the trend in M 30 check all the indicators bull bear and stoc see how they are placed before 8 GMT and keep
your mouse ready in M 2 frame.

Look also where the candles are coming from high to low or low to high etc

There are so many trades i reported in this thread stating 8 GMT

check out this 1 hour chart where i have marked the possible trade

8 gmt and 9 gmt

60% of the it is 8 GMT

Hi wah

+153 pip contract booked at 10 GMT KEPT LONG AND CLOSED NOW

Tokk that same trade on both 2min and 5min chart. Over 200pips for the day. Great system.

WAH

Good

As long as the market is trending wait for the M 2 FOR THE PRICE TO COME DOWN OR GO UP AND BOOK CONTRACT

The bull and bear indicators are very powerful in timing etnries. I watched its behaviour with price and I can see it is really powerful.
Please, one more thing though, how do you set the stoploss?
What do you also think about adding other pairs?

I am learning how to use bulls and bears. I am more of an inside bar breakout trader. When I see M1 and M5 turn the same color, it usually pays off.

http://i44.tinypic.com/21awpkg.gif

some contracts closed

Did you take all your contracts from the Bull and Bear 2 Minute Trading system or a blend of all the other systems as well?

erico

All based on BB indicator and rules using the folowing time frame

M 2
M 30

SEE THE M 30 CHART

Long Term Trade

Pair Any

Time Frame 2 Hours

HA

Bull and Bear Indicator

Stoc 20.3.3

EMA 21 High and Low

Questions and Answers

Why I should Use time frame 2 Hours Instead of the regular time frame

Time frame 2 clearley shows the trend as well as the proper view of London open till US close


When I should enter for Long term trade and what are the reversal signal for preparing the long trade

Stoc moving out from 20
The previouse 2 hour candle closed with stoc and signal with same number
and sometimes the bull and bear number is also same
The Last two hour candle has double bottom

When I should Exit from Long term Trade

When you see Two hour candle closed with stoc and signal number as equal
or difference of one or double TOP

What I should do if I have missed the first move of going long

There is no need to panic

Look into the M 2 chart and enter for trade when you see good pull back

Short Trade will be the reverse of long:

Double Top is important for short trade

You have mentioned in the chart that if you see double top it is a
sign for going for short

yes I said

But When I go thorugh the chart I can see some double top on the way
does that mean a reversal is coming

Yes You are seeing double top but if you notice the stoc line as well as the
stoc and signal number there is big difference in the numbers, If you see the
numbers coming close or equal you can think about reversal


What are the other areas I should take note of in Long term trade

Candles closed after 6 to 7 GMTwill be the period of strong moves

What are the steps I should take before the start of 8 gmt

Check where the stoc is placed

What was the Stoc and signal number of the previouse close and also the bull and bear number of previosue candle

Are the candles in good position of above EMA 21 High or below

What is the maximum draw down for long trade

The maximum drawn down could be 50 to 60 pip

What should be the lot size

Since it is a long term trade to start with you can use 1 or 2 % of capital
and it can give the effect of 5 % if you place for short trade

Any other areas I should look into

yes since we are uisng HA candles watch out for clour change like
half blue,half red this are additional signs for reversal

What are the other time frames I use

You can use M 2 for entry purposes


Should I use any form of pivot lines

yes You can use that also it gives you the view of support and resistence


you are talking about bull and bear number and stoc number , where I can see these numbers


Open the data window you can see all these numbers


Have you missed any other areas

Yes it is not advisable to take long term trade if the candles are betwen two
EMA

But I am loosing so much of trading time

yes use that time for M 2 short trade


Anything more you have to say or add

yes I will report next week during the trading hours

Chart H 2

Chart showing the Divergence areas

You have to excuse me for the hand writing very bad

You can check that the stoc keeps the same level but price raising or falling
It is another area of divergence.