TraCop-1%

Hi Forexcube!

I am not an expert but it looks great!
Wow, nearly 19% increase in one day!? I think you triple the account within half of the year!!!
Wonderful!!!

Manuel

Dear forexcube:
Could you please upload the 5min chart also. since your system is multitime fram in essense. in your figure, the 9 and 20 show a downtrend , what is the reason to go long.
Regards

Dear friends:
I voted your thread 5 stars several times. LOL.
I want to vote it 6 stars.

Hello ztdep

EMA Lines are getting smaller and EMA9 Line has touched the green Mouteki Line from down to upwards.
See "advanced level", too, please.


Further arguments:
Argument 1: EURJPY M1 and GBPJPY M1didn't gone downside the Mouteki Line.

Argument 2: EURUSD M1 is still over GannHiLo.

Argument 3: The chart situation had looked to me if it would go upwards now at M1.

Argument 4: I wouldn't wait if the candle will closen upside EMA9 or EMA 20 Line.

Argument 5: I wouldn't wait to the next EMA9/20 crossover.

Argument 6: I would go in the market at this moment and make pips at an early stage, when the candle has crossed at first the GannHilo and has closed above it (without waiting at confirmation to the rules to arguments 4 and 5).

Argument 7: What would I have to loose if I'm taken an Enter Long just now? Not so much! I have had make good wins before. If prices would have fallen further downside, I had prefere to hedge this one and could have balanced out at a higher timeframe or had taken an Enter Short.

Argument 8: EURUSD, H4 (Trade Example 4, #698) shows the second time a "Hammer" over the Mouteki Line (red line).

Next time I will post M5 besides, too. I don't know where the M5 chart is for this M1 market situation now, sorry.

I will make some records next week, that my advanced trading style will become more evident.

Advanced Level:
I look a little before market go in the definitive direction of my strategy rules. So it seems to be necessary for my advanced trading style, to extend these areas just a little before. Often I go in the market just one moment before my own rules say: "yes"! It's one of the wellcome advantages for higher level traders to anticipate several things in the market situations, before it turns up or down. I don't have recognize a warning signal that a change in direction may be coming (M1). It is not enough for an advanced trading style to buy into an "upmarket", because much of the profits will evaporate as you try to guess if the "trend" (M1) has really started, even so you want to take a position well within the trading range when the bulls and bears are still battling it out. So, Trade Example 1, #695 is, let's say the "initial situation". When you follow the next examples (Trade Example 2, #696, Trade example 3, #697, 4) you'll see that it was a good deal an excellent trading situation to go in at this point where the candle had crossed GannHilo and had closed above (Trading Example 1, #695) and to went out at EMA 120 (Trade Example 3, #697).

Hope it helps!

In a friendly manner.

Forexcube

anticipate

Hello ztdep

Yes, I'll do it with the next trading examples!

Kindest regards

More stars?

Oh yes, please!

It would be very kind of you.

Kindest regards

Forexcube

Hello Manuel

So we'll see in August '10

I'll do my best!

Kindest regards


Multiple solutions

Picture EURUSD m1aa.gif 2/5, #720 shows ADX > 20 and -DI and +DI Lines struggled around themselves.

So look at M5, M15, H1, H4 if candles run near resistance, support lines, Fib Levels, Pivots, etc. Might better to wait on M1.

Kindest regards

Multiple Time Frame Analysis

The MTFA with the use of TraCop which one part of it it is can mean the difference between a profit or a loss in the daily bullish/bearish tug-of-war.

100.-$ Real Account (Beginning Date: 2010 February 11) - (Before 2010 February 11: Old Test Account)
Current orders and Current Balance
see, please:
http://forexcube.mt4stats.com/
Equity: 121.05 $

10.000.-$ Demo-Account (Beginning Date: 2010 February 10)
Entries and Exits could be monitor at:
http://twitter.com/forexcube
http://www.myfxbook.com/members/Fore...orexcube/17210
Equity: 12'575.55 $
See attachment, please.


Kindest regards

Forexcube

EURUSD, M1, 2010 February 15

Sideways trading and waves are getting smaller on little higher timeframes, if compared with EURJPY, GBPJPY, USDJPY and EURUSD.

Waiting for an outbreak?

With a low ADX value it was a little bit dangerous for trading the TraCoP M1, at the first time in the tighter sideway channel, today. Even so, I think I've make ~8% of a 10'000.-$ deposit today, say profit might be + 800.- $.

The chart below shows possible entries and exits at EURUSD, M1. A good orientation gives the EMA 55 Line (blue line) on M1. Prices are going down or up which might be a good entry and exit signal for today. Often you'll see on EURUSD, M1 that the candles are struggling around the EMA55 in sideways markets,if it turns after up or downwards.

Kindest regards

Coffee March 10, H4


Preferred Trade:
P1 (Enter Long), P2 (Enter Short), P3 (Enter Long), P4 (Enter Short), P5 (Enter Long), (P6 Enter Short), P7 (Enter Long)

Exit: when you think wins are enough or at next EMA9/20 Crossover or GannHiLo/Ema9 crossover or at GannHiLo/EMA20 crossover. (GannHilo isn't on the chart).

P7: Look at M30 and H1, please for taking the market entry in detail.

EMA 120 Line gives for the "Coffee H4" excellent informations about the market trend.

Coffee, March 10, Daily

Enter Long when market opens at M30 or H1 around 130.50/133.00

Target: 140.00/145.00

If market will go further down Enter Long again around 120.00 with target at first entry (130.50/133.00) or around 140.00

EMA 120 Line is for "Coffee Daily" a support line. When this will be broken downwards perhaps the pulldown will become more excessive.

Preferred Trades:
P1 (Enter Long), Exit around 140.00, P2 (Enter Long), Exit around 140, P3 (Enter Long), Exot around Resistance Line near 145.00 (indifferent candles), P4 (Enter Long) Exit at 145.00 (Resistance), P5 (Enter Long), Exit around 145 (Resistance), P6 (Enter Long) with Stop Loss near 126.50 (give the market his breath!)

If ADX > 40 often you'll see on "Coffee Daily" the struggling candles, here around the EMA 120 Line, which is a Support Line, too.

Kindest regards

Multiple Time Frame Analysis

MTFA uses different timeframes to establish a trend on the higher timeframes and entry on the lower one, I would often rely on just one identical indicator lining up across those timeframes. (E.G. EMA 9/20 crossover). But for filtering/confirmation purposes, in my experience ADX is very reliable for longer timeframes and it works well with quicker settings, too. Take notice of the Support and Resistance Lines, Pivots and Fibonacci. Within this scope look at DenMark/Mouteki Lines in the meantime.

Dear forexcube:
Could you please tell me how to use the hedge. when the market go in a reverse direction.
Regards

Hello ztdep

See EURUSD, H4 below, please.

E.G. If you trade M1 or M5, take a look at H4 to get the global trend. When your trades (M1/M5) are taken in the middle of this channel and market changes direction then you can switch on e.g. H4 or (daily) and work out the resistance and support levels which are your hedging line marker. Until these "Hedging Lines" you could balanced your short time orders out on a higher time frame.

P1, P2, P3 are possible for going further down, when you are making an Entry short, precisely because you are in an down trend, not so in the sideways channel.

Blue arrows: This is the upper bound "Hedging Line up". Further up you'll make with an Enter Long only losses on M1/M5, not so when make an Enter Short at P1, P2, P3 at "Hedging Line down" and market will turn at first upwards.

In trend channels are other "provisions of local law" valid.
See the chart below, please.

Premeditate
Switch on M1 or M5 take an entry everywhere and look at H4 or daily, shortly before, when the market would go in the counterpart direction if you could take a hedge position just in case. If not (due to the fact that you are on an upper or lower line just now or near at it with your M1 or M5 order by comparing the H4 or daily chart) don't make this order and when having entry an order after all set a stop loss, but only then.

In sideways channel (higher timeframes) there aren't space enough more at upper and lower hedging lines.

Evaluation:

Trade M1 and M5. Work out the "upper and lower hedging lines" (support and resistance levels) at H1, H4, Daily and look if trading with M1 or M5 are confirm with H1 or H4 or Daily.

These laws have no bite in market situations, where global market on higher timeframes will change itself.
(Look at the chart, please: Changement at H4 from sideway market (red) to a trending market (blue). The "Hedging Line Up" (upper red line) can't never be reached by a bigger market downward trend change movement).

Hope it helps.

Kindest regards

Forexcube

500.-$ Account

Some traders have ask me if I am so kindly and open once more an 500.-$ Account.

So here is.

Demo Account: 500.-$ Open Day 2010 February 16
Alpari UK
Acc.No.: 1484307
Investor: zfdc2rk

http://www.myfxbook.com/members/Fore...-account/17759
http://twitter.com/Forexcube


Kindest regards

Money- & Risk-Management

2010 February and March there are new MM and RM studies on all my public accounts.

Kindest regards

Forexcube

Dear friends

A thread should be an information platform where many traders communicate with each other.

I should like to point out that the "TraCop thread" has become a little "one way communicated" and I miss the transfer among all traders on this platform.

This thread could have more une raison d'être if you talk among each other over "TraCop" on this thread here and post your trade example so that all interested traders could discuss about it.

Kindest regards

Forexcube

Hi Forexcube!

I just found an interesting indicator for ADX! I think it might be very useful for your strategy!

Detailed informatioin you will find here: http://www.forex-tsd.com/243367-post1.html

Enjoy! :-)

Manuel