be more specific
- #16,044
- Edited 1:55pm Dec 7, 2009 1:51pm | Edited 1:55pm
Good evening guys,
please help me understand situation in market.I'm in learning stage,so trying to detect some signals.Could you say that i'm in right way.I see that strong support line was broken,trix give short signal and divergence show that we can expect strong short movement?
i appreciate for all your advices,so thank you very much.
the scenario- second candle will opens below the line,then one day goes down,then will retrace up to the line then boooooooooom !!!!!!!!!!!will go DOWN DOWN till next S.
scenario2- second candle will opens below the line,then one day goes down,then will retrace up to the line then boooooooooom !!!!!!!!!!!hit.....and line was broken-trend continues....and so on and so on..............
but basically-yes,it will be a signal if second candle will close below.........
i know the SailorX system not a standart THV,but i think he thinks the same...
Yes, you're right ... The trend was down, not hear any sign of divergence was red and Coral ...
Now analyzing calmly and with your help I could see I was wrong ugly in that order.
Thanks for help
I am Brazilian and I never give up!
- #16,050
- Dec 7, 2009 3:25pm Dec 7, 2009 3:25pm
Hello,
Yes, he is right ... now looking calmly I saw that was wrong in that order.
please, you would like to continue posting pictures with their operations, certainly it helps a lot ....
One wonders, besides EURUSD and GBPUSD, has some more parity your strategy work well? what you think of the EURJPY?
Thanks
- #16,051
- Dec 7, 2009 3:31pm Dec 7, 2009 3:31pm
This was my approach on nowday gbpusd session.
When I talk about TP targets (pyramidal lots), I mean first around 13/20 pips, second 30/50, third between 70/120. I evaluate the day session to set the exacly TP. After the first TP is taken, I move the SL.
On the second lot unit, one can may exit also on M5 HA. For the third lot unit, other possible exits could be on 3rd revers bar, or m15 HA.
same day to me
but the last one short not valid,becouse MA is above,i think is important in your way of trading,or you didnt count that? you entered that trade??
Just curios
- #16,052
- Dec 7, 2009 3:34pm Dec 7, 2009 3:34pm
Hello,
Yes, he is right ... now looking calmly I saw that was wrong in that order.
please, you would like to continue posting pictures with their operations, certainly it helps a lot ....
One wonders, besides EURUSD and GBPUSD, has some more parity your strategy work well? what you think of the EURJPY?
Thanks
I like EURJPY. But I do not raccomand this strategy for it without a good skills. I believe it is much better trade EURJPY with the classic THV system. Many times EURJPY gives us lots of so lovely trends.......
but it could be also very danger because it can invert direction very fast.I believe is worthy to learn to trade well EURJPY
- #16,053
- Dec 7, 2009 3:46pm Dec 7, 2009 3:46pm
if someones interested i have a simple and useful tool,to test your strategy and look at choosen period of time like it hapening now,just aply EA C
rogram Files/MetaTrader/experts /open your "strategy tester" and chose tf click "start" and aply a template,and watch like in real time,hows Trix behaves,"place" your "orders" (i use horizontal lines 
) etc. For me it was helpful.
ovecourse everything is faster,you can adjust speed!
rogram Files/MetaTrader/experts /open your "strategy tester" and chose tf click "start" and aply a template,and watch like in real time,hows Trix behaves,"place" your "orders" (i use horizontal lines ) etc. For me it was helpful.ovecourse everything is faster,you can adjust speed!
- #16,054
- Dec 7, 2009 3:49pm Dec 7, 2009 3:49pm
same day to me
Just curios
No I didn't. But When I had the signal, SMA 20 was stil below SMA 60. May I understood you bad?
Are you testing my approach on GBPUSD with the two SMA's?
How do you feel with it?
- #16,055
- Dec 7, 2009 4:02pm Dec 7, 2009 4:02pm
No I didn't. But When I had the signal, SMA 20 was stil below SMA 60. May I understood you bad?
Are you testing my approach on GBPUSD with the two SMA's?
How do you feel with it?
First 2 shorts was same as yours,but on 3 signal my ema was above coral...
- #16,056
- Dec 7, 2009 4:21pm Dec 7, 2009 4:21pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
- #16,057
- Dec 7, 2009 4:23pm Dec 7, 2009 4:23pm
Well i stayed with "coral" and i use a 34 ema, works for me
First 2 shorts was same as yours,but on 3 signal my ema was above coral...
Understood!
I use ema's like your way on some cross pairs; on GBPUSD I like my shared approach and in particular I love the +10/-10 shift levels.
- #16,058
- Dec 7, 2009 4:30pm Dec 7, 2009 4:30pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
Now have a look at the same moment but a 15M TF, you see a possible H&S (still going up but watch the 40 -50 level) if the TL get's broken and if you want to go for scalping some pips you can risk a trade but I would wait at least until Asian traders wake up and had their coffee or tee.
- #16,059
- Dec 7, 2009 5:04pm Dec 7, 2009 5:04pm
- Joined May 2009 | Status: step into liquid | 3,460 Posts
Now have a look at the same moment but a 15M TF, you see a possible H&S (still going up but watch the 40 -50 level) if the TL get's broken and if you want to go for scalping some pips you can risk a trade but I would wait at least until Asian traders wake up and had their coffee or tee.
Just wanted to say hello and I am very impressed with your updated system. Thanks for helping me get through July. My hat is off to you and all the developers that you work with.
Merry Christmas (early) and I hope you have another great year.
- #16,060
- Edited 6:17pm Dec 7, 2009 5:56pm | Edited 6:17pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
Wish you and your family the same Calderon, also thanks for supporting my friend 801 once a while in his jail thread.
And for all the other folks: have a happy x-mas season
, good time to think about that there exist a lot of more in the world than trading.
Being with the ones that love you has an incredible value.
And for all the other folks: have a happy x-mas season
, good time to think about that there exist a lot of more in the world than trading.Being with the ones that love you has an incredible value.
Hey Cobra,
Merry Christmas (early) and I hope you have another great year.
