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Attachments: Candlestick+macd+fib Trading Style
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Candlestick+macd+fib Trading Style

  • #1
  • First Post: Jan 26, 2010 2:24pm Jan 26, 2010 2:24pm
It been a while I didnt post anything on the thread.

I feel it time to refresh what I have right now.

Here comes the first setup for today at USDCAD
1. inverse hammar 4h, macd is down
2. twizzer top at h, macd is down, market flow is down

Pending order entry o/sl/tp 10627/10678/10546
win loss ratio 1:1.59
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD 012610 setup.jpg Size: 214 KB
  • #2
  • Jan 28, 2010 12:28pm Jan 28, 2010 12:28pm
Here comes the tragedy result

Position been stop out, but target was close to be hit. price bounce from 127 fib ext.

Perfect setup, SL and TP have to be adjust next time.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD 012810.jpg Size: 200 KB
  • #3
  • Edited 2:30pm Jan 28, 2010 2:08pm | Edited 2:30pm
Setup found today

EURGBP

4h twizzer bottom
h market flow up, wait for pull back to entry

pending order place
o/sl/tp 8627/8593/8683
w/l ratio 1:1.65
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP 012810.jpg Size: 214 KB
  • #4
  • Jan 28, 2010 5:08pm Jan 28, 2010 5:08pm
I like it, reversal by a different time frame

thanks john

------------------------

price channel
  • #5
  • Jan 29, 2010 11:00am Jan 29, 2010 11:00am
Here comes the result.

Pending order didnt open.

Due to price get hold on 50% and didnt pull down to 61.8%.

But target price was fullfilled.

I will begin to make note for every pair.
I feel not every pair have same entry point.

Maybe next time, I put
USDCAD=78.6%
EURGBP=50%
for entry point
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP 1-29-10.jpg Size: 118 KB
  • #6
  • Jan 29, 2010 12:22pm Jan 29, 2010 12:22pm
I think I'd be looking for a short and not a long here. The hourly chart shows a higher low and a higher high, but looking at the H4 you see that there's still been no penetration of the longer term trendline, which is down, and there's no higher low or higher high there.

I would see this as a minor correction in a down trend, and not an opportunity for buying. Look for a sell signal when the price has finished retracing to the H4 trendline...
  • #7
  • Jan 29, 2010 3:26pm Jan 29, 2010 3:26pm
Quoting DGC
I think I'd be looking for a short and not a long here. The hourly chart shows a higher low and a higher high, but looking at the H4 you see that there's still been no penetration of the longer term trendline, which is down, and there's no higher low or higher high there.

I would see this as a minor correction in a down trend, and not an opportunity for buying. Look for a sell signal when the price has finished retracing to the H4 trendline...

well, you make your point there. 4h do is in short mode, but setup is setup. I use then for long entry at that point, and it do work quite well.
  • #8
  • Feb 1, 2010 10:02am Feb 1, 2010 10:02am
2 setup I plan to take today

EURUSD
d: inside candle
h: market flow up

pending order
13884/13845/13954
1:1.79

USDCHF
d: inside candle
h: market flow down

pending order
10612/10650/10550
1:1.63
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD 020110.jpg Size: 194 KB
Click to Enlarge Name: USDCHF 020110.jpg Size: 186 KB
  • #9
  • Feb 2, 2010 12:12am Feb 2, 2010 12:12am
closed two pending order.

setup found in GBPUSD

d: hammar
h: market flow up, macd up

pending open
15897/15845/16002
1:2.02
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 020110.jpg Size: 194 KB
  • #10
  • Feb 2, 2010 9:49am Feb 2, 2010 9:49am
here comes the result for EURUSD and USDCHF

pending order didnt open, price almost hit it, but both target hit it.
what the nice setup.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD 020210.jpg Size: 200 KB
Click to Enlarge Name: USDCHF 020210.jpg Size: 182 KB
  • #11
  • Feb 2, 2010 9:53am Feb 2, 2010 9:53am
close pending order at GBPUSD

due to other pair fullfill their target already, no need to expect it retrace or break up for now.
  • #12
  • Feb 9, 2010 1:53pm Feb 9, 2010 1:53pm
Quoting johntsai
close pending order at GBPUSD

due to other pair fullfill their target already, no need to expect it retrace or break up for now.
hey johnstai,could u tell me how did u get that macd,i like it...cool
  • #13
  • Feb 9, 2010 2:18pm Feb 9, 2010 2:18pm
Quoting di man
hey johnstai,could u tell me how did u get that macd,i like it...cool
here is the file i use for my macd
Attached File(s)
File Type: ex4 IBFX - MACD Traditional.ex4   3 KB | 516 downloads
  • #14
  • Feb 9, 2010 2:46pm Feb 9, 2010 2:46pm
EURGBP setup found

pending order
8790/8820/8754
1:1.20
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP 020910.jpg Size: 97 KB
  • #15
  • Feb 10, 2010 1:45am Feb 10, 2010 1:45am
EURJPY setup found

paper trade
12375/12433/12268
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY 020910.jpg Size: 131 KB
  • #16
  • Feb 10, 2010 9:25am Feb 10, 2010 9:25am
EURGBP pending order opened

tp reach.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP 021010.jpg Size: 138 KB
  • #17
  • Feb 10, 2010 9:26am Feb 10, 2010 9:26am
EURJPY paper trade

tp almost hit.

result is not bad
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY 021010.jpg Size: 133 KB
  • #18
  • Feb 11, 2010 9:09pm Feb 11, 2010 9:09pm
CHFJPY setup found

pending order
8348/8314/8404
1:1.65
Attached Image (click to enlarge)
Click to Enlarge Name: CHFJPY 021110.jpg Size: 277 KB
  • #19
  • Feb 11, 2010 11:20pm Feb 11, 2010 11:20pm
GBPUSD setup found

order open
15697/15725/15648
1:1.75
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 021110.jpg Size: 282 KB
  • #20
  • Last Post: Feb 12, 2010 9:11am Feb 12, 2010 9:11am
m~ interesting result

GBPUSD been stop out then price pull down the the target

CHFJPY didnt hit entry before it reach target price.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD 021210.jpg Size: 246 KB
Click to Enlarge Name: CHFJPY 021210.jpg Size: 225 KB
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