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  • #1,621
  • Mar 2, 2009 3:00am Mar 2, 2009 3:00am
Thanks for sharing your experiences. I find assessing the trend/bias can be such a subjective thing - you say that you trade the 1 minute and look to the 5 minute to establish the trend direction, is this giving you a big enough picture and a good strike rate of profitable trades as i am currently using the 1 minute to trade and assessing the trend on the 15 minute....... then again this is where i may be going wrong?!!

Lookafter yourselves
Django
  • #1,622
  • Mar 2, 2009 9:54am Mar 2, 2009 9:54am
[quote=Django;2572602]
Quoting avi
its alot of version for fx v2 ....???[/qI

I don't undertsand what you mean sir, please explain?

Django
fxprime_vtest ,fxprime_v2ia ,fxprime v231, fxprime_v2final ,fxprimev2,!fxprime_v2
  • #1,623
  • Mar 2, 2009 11:05am Mar 2, 2009 11:05am
the yellow dotted fibo line was a strong support level.
Price falls out TF1 and TF5 zone at the same time.
The good CCI setup supported by the red dot confirmed the short signal for this high probability trade.
TF15 is above.
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Trading S/R with PA only. No indicators anymore!
  • #1,624
  • Mar 2, 2009 11:22am Mar 2, 2009 11:22am
Quoting Jazz1964
the yellow dotted fibo line was a strong support level.
Price falls out TF1 and TF5 zone at the same time.
The good CCI setup supported by the red dot confirmed the short signal for this high probability trade.
TF15 is above.
I could not see what currency that was on your chart?

Regards,
Cigarguy
Keep It Simple
  • #1,625
  • Mar 2, 2009 11:25am Mar 2, 2009 11:25am
Quoting cigarguy
I could not see what currency that was on your chart?

Regards,
Cigarguy

it is a new curency FESHX9 moon people ( or mars ) currency lol
kino
  • #1,626
  • Mar 2, 2009 11:31am Mar 2, 2009 11:31am
Quoting kinonen
it is a new curency FESHX9 moon people ( or mars ) currency lol
kino
I am not trading fx
it's an indices
better for me
I posted the picture because it shows John Edwards strategy.
Trading S/R with PA only. No indicators anymore!
  • #1,627
  • Mar 2, 2009 11:34am Mar 2, 2009 11:34am
Quoting kinonen
it is a new curency FESHX9 moon people ( or mars ) currency lol
kino
I know and the Market Makers r little green people..

:nerd:

Regards, Cigarguy
Keep It Simple
  • #1,628
  • Mar 2, 2009 11:47am Mar 2, 2009 11:47am
EurUSD short setup
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Trading S/R with PA only. No indicators anymore!
  • #1,629
  • Mar 2, 2009 12:55pm Mar 2, 2009 12:55pm
entry short on vertical magenta line was too early, John?
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Trading S/R with PA only. No indicators anymore!
  • #1,630
  • Edited 4:35pm Mar 2, 2009 4:35pm | Edited 4:35pm
Hi,

Quoting avi
Quoting Django
fxprime_vtest ,fxprime_v2ia ,fxprime v231, fxprime_v2final ,fxprimev2,!fxprime_v2
Yea, I am using !fxprime_v2. If you open all of these indicators at the same chart you will see that many of them are the same thing with a different filename. If the filesize is the same then its likely the same file too... with a different name.

Quoting Django
Thanks for sharing your experiences. I find assessing the trend/bias can be such a subjective thing - you say that you trade the 1 minute and look to the 5 minute to establish the trend direction, is this giving you a big enough picture and a good strike rate of profitable trades as i am currently using the 1 minute to trade and assessing the trend on the 15 minute....... then again this is where i may be going wrong?!!

Lookafter yourselves
Django
Use a 6 EMA on TF5 to see what the trend is. Put another 12 EMA and when they become close or cross its because the trend has a probability of reversing. Can be like a 5 and 10 EMAs too, like one small average and another larger than it.

I like TF5 better for scalping on TF1. I go to look on larger frames to look for support, larger trends, big formations this type of stuff... Because the larger TF's tendency will overpower the ones in the smaller time frames.

When the trend lines are broken its a good idea to prepare to leave the trade too, specially if its a small profit move...

Good profits!
Scalpa
  • #1,631
  • Mar 3, 2009 1:58am Mar 3, 2009 1:58am
Quoting Scalpaholic
Hi,



Yea, I am using !fxprime_v2. If you open all of these indicators at the same chart you will see that many of them are the same thing with a different filename. If the filesize is the same then its likely the same file too... with a different name.



Use a 6 EMA on TF5 to see what the trend is. Put another 12 EMA and when they become close or cross its because the trend has a probability of reversing. Can be like a 5 and 10 EMAs too, like one small average and another larger than it.

I like TF5 better for scalping on TF1. I go to...
i use 6ema ,12ema ,fx prime v2a he is the best
  • #1,632
  • Mar 3, 2009 4:07am Mar 3, 2009 4:07am
sorry, it's not forex, it's FESX
I want to post this exemple just to show you the MTF approach of John Edwards

Text in chart: "TF5 No strong resistance" should be "no strong support"
Attached Image (click to enlarge)
Click to Enlarge Name: ff.gif Size: 50 KB
Trading S/R with PA only. No indicators anymore!
  • #1,633
  • Mar 3, 2009 7:40am Mar 3, 2009 7:40am
how does eurusd chart look like today jaz?
  • #1,634
  • Mar 3, 2009 9:52am Mar 3, 2009 9:52am
Hello Everyone, My Chart is not having those TF indicators ( i mean the one showing and explaining the time frame even after downloading all indicators. Please help. Thanks. Nerry.
  • #1,635
  • Mar 3, 2009 10:05am Mar 3, 2009 10:05am
Please post your ema over ma bar indicator? The one where you can put like 2 ema and 34 ema and then it will be green if the 2 ema is above the
34 ema and red if its below? I have seen in many of your screen shots
would love to have it.

Brian
  • #1,636
  • Mar 3, 2009 10:11am Mar 3, 2009 10:11am
anyone trading euro today?
  • #1,637
  • Mar 3, 2009 11:12am Mar 3, 2009 11:12am
I was, was a nice night with her
  • #1,638
  • Mar 3, 2009 12:04pm Mar 3, 2009 12:04pm
please post your charts fm i have some doubts with a couple of moves.
  • #1,639
  • Mar 3, 2009 12:17pm Mar 3, 2009 12:17pm
well here's 1 section of the EUR where I took 2 short trades. There were a few more small trades on the chart, but since I was all ready short I just held what I had, plus I was trading another currency at the same time also. I entered on the left of chart when we got below the 2 guppys and the Trend CCI hit the -100 level, Also enter when we got the guppy bounce in the middle of chart
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  • #1,640
  • Mar 3, 2009 12:41pm Mar 3, 2009 12:41pm
yes those 2 are the clear ones, but could you please post the beginning of london session, around 7 am to 10 am in the open.
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