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Master candle

  • #301
  • Apr 27, 2009 10:06pm Apr 27, 2009 10:06pm
Quoting my30marahaba
here the updated of gbpaud
have an nice green pips
here the updated
Attached Image (click to enlarge)
Click to Enlarge Name: numc23452.gif Size: 19 KB
  • #302
  • May 2, 2009 11:00pm May 2, 2009 11:00pm
hi all here my weekly plan gbpaud and gbpcad
here the chart ...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp aud.gif Size: 23 KB
Click to Enlarge Name: gbp cad.gif Size: 19 KB
  • #303
  • May 5, 2009 1:57am May 5, 2009 1:57am
Quoting my30marahaba
hi all here my weekly plan gbpaud and gbpcad
here the chart ...
hi all my view and plan of this not change here the updated
patience is the name of this game......
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp aud34.gif Size: 17 KB
Click to Enlarge Name: gbp aud345.gif Size: 19 KB
  • #304
  • May 5, 2009 8:10pm May 5, 2009 8:10pm
Quoting my30marahaba
hi all my view and plan of this not change here the updated
patience is the name of this game......
hi all here the updated
all the plan for this week nice pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp aud3451.gif Size: 19 KB
Click to Enlarge Name: gbp aud34512.gif Size: 21 KB
  • #305
  • May 6, 2009 2:01am May 6, 2009 2:01am
The master candle is basically a break out of what the Japanese call a box range, this can also be applied to Elliot wave as the period of consolidation with either be a 2nd or 4th wave.

A lot of the trades which I take on are based on this theory, some of you might want to take a look at my video reviews where I explain why I have entered the trade together with how I calculated the target profit area.

Hope that helps.

Cheers WG
  • #306
  • May 21, 2009 5:34pm May 21, 2009 5:34pm
Don´t let loose this thread
  • #307
  • May 25, 2009 4:05am May 25, 2009 4:05am
hi all here the eu - 4hr master candle look nice to going short
Attached Image (click to enlarge)
Click to Enlarge Name: eu2352.gif Size: 20 KB
  • #308
  • May 26, 2009 3:43am May 26, 2009 3:43am
Quoting my30marahaba
hi all here the eu - 4hr master candle look nice to going short
hi all TP1 hit +100 pips
Attached Image (click to enlarge)
Click to Enlarge Name: eu mc tp1.gif Size: 22 KB
  • #309
  • May 26, 2009 3:46am May 26, 2009 3:46am
Quoting my30marahaba
hi all here the eu - 4hr master candle look nice to going short
hi all hit tp1 + 100 pips
Attached Image (click to enlarge)
Click to Enlarge Name: eu mc tp1.gif Size: 22 KB
  • #310
  • May 27, 2009 5:03am May 27, 2009 5:03am
Quoting my30marahaba
hi all hit tp1 + 100 pips
dear all eu fail to go long and break the resistance level , now base on the mc4hr to testing to break 4hr mc so i'm going short again for this eu
Attached Image (click to enlarge)
Click to Enlarge Name: eu mc tp2.gif Size: 23 KB
  • #311
  • May 27, 2009 5:07am May 27, 2009 5:07am
Quoting my30marahaba
hi all hit tp1 + 100 pips

hi all here the eu updated
i'm going to entry short for this eu base on 4hr mc
Attached Image (click to enlarge)
Click to Enlarge Name: eu mc tp2.gif Size: 23 KB
  • #312
  • May 27, 2009 6:14pm May 27, 2009 6:14pm
Hi my30marahabaI´ve read the complete thread. :nerd:
It´has been interesting and fun. Im reading The Law of Charts now.

I would like to join your Master Candle party.

At the moment i only have one cuestion... How did you grow up 10$ account balance? On 4h chart SL usually is big...

I hope post my MC trades as soon as they form..
  • #313
  • May 27, 2009 9:19pm May 27, 2009 9:19pm
Quoting my30marahaba
hi all here the eu updated
i'm going to entry short for this eu base on 4hr mc


Hi my30marahaba,

Would you please share your MACD indicator? It's look great. Thks.
  • #314
  • May 28, 2009 1:53am May 28, 2009 1:53am
Quoting LanzaTrader
Hi my30marahabaI´ve read the complete thread. :nerd:
It´has been interesting and fun. Im reading The Law of Charts now.

I would like to join your Master Candle party.

At the moment i only have one cuestion... How did you grow up 10$ account balance? On 4h chart SL usually is big...

I hope post my MC trades as soon as they form..
10$ micro - entry 0.6 microlot - if 1 hr mc break 50 pips TP1, if 4 hr mc break 100 pips TP1 move the sl at be when u have +35 pips
note 4hr mc entry rule using the law of chart to minimize ur sl... good luck
  • #315
  • May 28, 2009 1:56am May 28, 2009 1:56am
Quoting Tdp
Hi my30marahaba,

Would you please share your MACD indicator? It's look great. Thks.
hi tdp,
here the mcad
Attached File(s)
File Type: mq4 MACD_Law.mq4   5 KB | 418 downloads
File Type: ex4 MACD_Law.ex4   5 KB | 368 downloads
  • #316
  • May 28, 2009 1:59am May 28, 2009 1:59am
Quoting my30marahaba
hi all here the eu updated
i'm going to entry short for this eu base on 4hr mc
hi all eu +135
Attached Image (click to enlarge)
Click to Enlarge Name: eu mc tp4.gif Size: 29 KB
  • #317
  • May 30, 2009 8:09pm May 30, 2009 8:09pm
hi all here my analyze of EU pair this week
pa to be continued to the monthly top of master candle range
here the chart
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu1mcmthly.gif Size: 22 KB
Click to Enlarge Name: eu1mcmthly1.gif Size: 25 KB
Click to Enlarge Name: eu1mcmthly2.gif Size: 37 KB
Click to Enlarge Name: eu1mcmthly3.gif Size: 34 KB
Click to Enlarge Name: eu1mcmthly4.gif Size: 35 KB
  • #318
  • Jun 1, 2009 3:46am Jun 1, 2009 3:46am
Quoting my30marahaba
hi all here my analyze of EU pair this week
pa to be continued to the monthly top of master candle range
here the chart
hi all,

+70 pips eu continue move as per the weekly plan
here the chart entry from break out 1hr mc follow by 4 hr mc
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu1mcmthly456.gif Size: 34 KB
Click to Enlarge Name: eu1mcmthly45.gif Size: 28 KB
  • #319
  • Jun 2, 2009 3:19am Jun 2, 2009 3:19am
hi all now pull back to test the support
see 1 hr mc and 4 hr to be break out
Attached Image (click to enlarge)
Click to Enlarge Name: eu 02.06.2009.gif Size: 31 KB
  • #320
  • Jun 2, 2009 4:57am Jun 2, 2009 4:57am
Are trading on a live account, and for how long have you then been successful with this master-candle "system"?

//Thomling
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