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Attachments: HA T3-1 System
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HA T3-1 System

  • #261
  • Feb 8, 2010 9:53am Feb 8, 2010 9:53am
Quoting 2010
hello tony,

thanks for sharing. Finding a trend from higher tf like 4h, and getting an entry from 30m chart is very logical strategy. Thanks for great work!

I just applying the system on demo. I got the short alart and took the trade of eur/chf on demo. Could you please give some comments regarding the ep, sl and tp? 1st chart is 4h, and 2nd one is 30m chart.

Best regards
sorry i missed your post there. Ok first i would not take this trade and i did look at it this morning simply there is not enough volume in the market at the moment, everything is creeping along. But since you are in it, it has dropped and you are in the money now. Anyways, your stop for this pair i would go a little higher because you are right around the 4700 area a nice round number for the sharks, i would put the stop above that last tall candle initially. You entry is a few bars behind the signal, is that because you were waiting for a break of the channel? That was a good call. My preference is not to trade the initial break of any trend line but wait for a pullback then the continuation move (1-2-3) pattern. There is no take profit point for me. Trade is over when i get stopped out or the 4 hour chart gives me another alert. All in all this is a sideways market at the moment and i am waiting for a clear sign of which way it is going to go. The eur/chf and gbp/chf are prone to large spikes and if i had to rate them these would be my least favorite pairs to trade. But i am not in love with any of them.
MY GRID. Markets are NOT random.
  • #262
  • Feb 8, 2010 10:11am Feb 8, 2010 10:11am
Ok guys i will throw this out there, possible near future trades i am interested in are eur/gbp, usd/cad and gbp/chf can anyone tell me why and what am i waiting for? As in, why do i not trade them now?
MY GRID. Markets are NOT random.
  • #263
  • Feb 8, 2010 10:21am Feb 8, 2010 10:21am
Quoting tonyb123
Ok guys i will throw this out there, possible near future trades i am interested in are eur/gbp, usd/cad and gbp/chf can anyone tell me why and what am i waiting for? As in, why do i not trade them now?

Gbp-Chf

Possible short, but weak - indicated by "trend lord"
On 30 min CCI produces for 5 hours in a row blue dots - no short

Usd-Cad

Possible long in the future, if we get a HA buy signal. But also weak, "trend lord" had a run and is pretty high. Trend reversal imminent.
On 30min we get long signals, but on 4H we only have red HA bars. Wait and see...

Don't trade the Eur-Gbp (don't like it, never will)

All in all it's a crappy day, one of those I should've slept longer.
42
  • #264
  • Feb 8, 2010 10:27am Feb 8, 2010 10:27am
Thank you so much Tony, I learned a lot from your comment.
Some very good points that I never pay attention to them, like the SL should be more higher than the round number, waiting for a pull back for seeing if there will be a 1-2-3 pattern to make the entry position more favorable, etc. Thanks again!

I just look at the 30M chart, it's really choppy. I thinks the chance of the price getting pullback is high.

best regards
Attached Image (click to enlarge)
Click to Enlarge Name: 20100208-30m-02.gif Size: 19 KB
  • #265
  • Feb 8, 2010 10:55am Feb 8, 2010 10:55am
Quoting tonyb123
Ok guys i will throw this out there, possible near future trades i am interested in are eur/gbp, usd/cad and gbp/chf can anyone tell me why and what am i waiting for? As in, why do i not trade them now?
I am looking at usd/cad now, the trend is clear that we should go long (1st 4H chart), but the HA doesn't give long signal, we need to wait, and look at 30M chart (2nd chart), the long alert is already on. But, go lower to 15M chart (3rd), it looks choppy.

I think we need to wait a little while to see long signal on 4H chart, then find a good entry on 30M.

Correct me Tony please.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: uc 4h.gif Size: 30 KB
Click to Enlarge Name: uc 30m.gif Size: 30 KB
Click to Enlarge Name: uc 15m.gif Size: 28 KB
  • #266
  • Feb 8, 2010 11:05am Feb 8, 2010 11:05am
Quoting Indrek
Can anyone say how many bars does the Trend Lord indicator repaint?
I've read in this thread that it's only one bar back, it was a statement by Tony I believe.
Doesn't seem much, but 4 hours are a long period. Don't know how results will be, so personally I try not to rely too much on it.
42
  • #267
  • Feb 8, 2010 11:16am Feb 8, 2010 11:16am
No did not add anything. Just being more risk agressive. If the trend reverses I just wait for next setting and double my lots. Not suitable for everyone, do not forget to respect MM.
Hope this helps


Quoting golden1
Just using the 30M chart, did you add anything to the setup?

Do you just enter trades when all the indicators agree on 30M
since using just that time frame? Ie HA alert, AO color and above or
below 0 and entry cci?

Brian
  • #268
  • Feb 8, 2010 11:57am Feb 8, 2010 11:57am
Hi Ryan,

I am more than curious how often do you get killed by usually that martingale method. I always wonder if a manual martingale method could work. I do know if you have 4 or five losses in a row your looking at a heck of a DD.

The odd thing is the actual math tells us it is a flip of a coin deal. If you flip a coin and you get tails 5 times in a row the odds are still 50-50 on the next toss. But then again some feel there is such a thing as law of average and if you get 5 tails in a row the next toss got to be a head?
thanks
randy


Quoting ryan56
No did not add anything. Just being more risk agressive. If the trend reverses I just wait for next setting and double my lots. Not suitable for everyone, do not forget to respect MM.
Hope this helps
One good turn gets most of the blankets.
  • #269
  • Feb 8, 2010 12:06pm Feb 8, 2010 12:06pm
Quoting tonyb123
Ok guys i will throw this out there, possible near future trades i am interested in are eur/gbp, usd/cad and gbp/chf can anyone tell me why and what am i waiting for? As in, why do i not trade them now?

Hello

Oke here are a nice entry on the NZD/USD here are the charts

greet you ,

Yoenes
Attached Image(s) (click to enlarge)
Click to Enlarge Name: nzdusd4h.gif Size: 43 KB
Click to Enlarge Name: nzdusd30m.gif Size: 50 KB
  • #270
  • Feb 8, 2010 12:19pm Feb 8, 2010 12:19pm
Quoting freewheelin
gbp-chf

possible short, but weak - indicated by "trend lord"
on 30 min cci produces for 5 hours in a row blue dots - no short

usd-cad

possible long in the future, if we get a ha buy signal. But also weak, "trend lord" had a run and is pretty high. Trend reversal imminent.
On 30min we get long signals, but on 4h we only have red ha bars. Wait and see...

Don't trade the eur-gbp (don't like it, never will)

all in all it's a crappy day, one of those i should've slept longer.
freewheelin, you got it correct, usd/cad could possibly have 1 more upside move in it but yes reversal is imminent. Waiting to see what it will do. Gbp/chf simple answer i am waiting for the 30 min chart to give me a confirmed sell short signal(ha alert and w-lnx red bar). And your favorite eur/gbp waiting for a long signal on the 4 hour chart. So if that's what you got you were right. Thanks for playing.
MY GRID. Markets are NOT random.
  • #271
  • Feb 8, 2010 12:24pm Feb 8, 2010 12:24pm
Hi Randy,
It is true it is like a martingale method but the difference is I go with the settings according to Tony template meaning that I do not double my lots in the same direction. If the trend reverses I close my lots manually and then open other lots and so on. But today I did not trade as it is now a choppy market.

Quoting randy1953
Hi Ryan,

I am more than curious how often do you get killed by usually that martingale method. I always wonder if a manual martingale method could work. I do know if you have 4 or five losses in a row your looking at a heck of a DD.

The odd thing is the actual math tells us it is a flip of a coin deal. If you flip a coin and you get tails 5 times in a row the odds are still 50-50 on the next toss. But then again some feel there is such a thing as law of average and if you get 5 tails in a row the next toss got to be a head?
thanks
randy
  • #272
  • Feb 8, 2010 12:28pm Feb 8, 2010 12:28pm
Thanks Tony and Yones for answering my questions.

Tony what is the average number of pips you get from 1 trade on any currency?

& because we are trading on a 30 min chart? how long the trade lives on avg?
  • #273
  • Feb 8, 2010 12:28pm Feb 8, 2010 12:28pm
Quoting freewheelin
i've read in this thread that it's only one bar back, it was a statement by tony i believe.
Doesn't seem much, but 4 hours are a long period. Don't know how results will be, so personally i try not to rely too much on it.
guys the trend lord indicator does not determine anything or i should say 1 bar on the trend lord. It is used to show me any weakness it the trend. I will try to post a screen shot and describe the best i can (i think i did already).
MY GRID. Markets are NOT random.
  • #274
  • Feb 8, 2010 12:36pm Feb 8, 2010 12:36pm
Good point I am using a ea that does exactly that if the trade looses it reverses itself the other way and it's extremely profitable..

Hey is it mean or what I have not had a signal all morning and I have like 6 pairs open?
thanks
Randy



Quoting ryan56
Hi Randy,
It is true it is like a martingale method but the difference is I go with the settings according to Tony template meaning that I do not double my lots in the same direction. If the trend reverses I close my lots manually and then open other lots and so on. But today I did not trade as it is now a choppy market.
One good turn gets most of the blankets.
  • #275
  • Feb 8, 2010 12:41pm Feb 8, 2010 12:41pm
Check these out to evaluate the trend, i hope this helps.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: trend eval.gif Size: 34 KB
Click to Enlarge Name: trend eval 2.gif Size: 38 KB
MY GRID. Markets are NOT random.
  • #276
  • Feb 8, 2010 12:44pm Feb 8, 2010 12:44pm
The last screen shots show that it is possible for price to go further down but indicators show we are at a reversal very soon.
MY GRID. Markets are NOT random.
  • #277
  • Feb 8, 2010 12:45pm Feb 8, 2010 12:45pm
Tony a question I been looking at the mechanics here with your system. Is this the whole system or is there more that you have not yet taught?
thanks
Randy


Quoting tonyb123
Check these out to evaluate the trend, i hope this helps.
One good turn gets most of the blankets.
  • #278
  • Feb 8, 2010 12:51pm Feb 8, 2010 12:51pm
Quoting thefutureace
thanks tony and yones for answering my questions.

Tony what is the average number of pips you get from 1 trade on any currency?

& because we are trading on a 30 min chart? How long the trade lives on avg?
i have not averaged for one currency and your trend is based on the 4 hour chart so it could last days. 30 min chart only determines entry points into the trend and add on signals. You manage your trade from the 4 hour chart to keep you in as long as possible. If 4 hour is too much for you you can always manage it from the 1 hour chart but you will not have as much pips. If you guys want #'s do what i did a couple pages ago to show you how many add on signals you can get while staying in the trend. Add them for your self.
MY GRID. Markets are NOT random.
  • #279
  • Feb 8, 2010 12:59pm Feb 8, 2010 12:59pm
Quoting randy1953
tony a question i been looking at the mechanics here with your system. Is this the whole system or is there more that you have not yet taught?
Thanks
randy
yes randy there is more but unless people learn to walk they cannot run. Showing the add ons from just the ha t3 is a running move, then to show the add ons from the a.o. I think i drowned some people..lol. I was just trying to show just how simple and strong this system really is if used properly. For most i think we need to spend some time looking at charts with the indicators on and compare the with what the price is doing. Then we will begin to see patterns of behavior.
MY GRID. Markets are NOT random.
  • #280
  • Feb 8, 2010 1:00pm Feb 8, 2010 1:00pm
I won't be showing any more for now until we all can get up to speed.
MY GRID. Markets are NOT random.
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