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Trendline Scalping 4hr timeframe

  • #261
  • Jul 21, 2010 6:48am Jul 21, 2010 6:48am
on watch list..
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  • #262
  • Edited 7:50am Jul 21, 2010 7:41am | Edited 7:50am
http://www.forexfactory.com/C:%5CUse...ounce%5Ccj.gif
Quoting roundrock
on watch list..
Did the first touch went already? I believe it has!!
  • #263
  • Jul 21, 2010 7:41am Jul 21, 2010 7:41am
guys i will be posting new trades as soon as i see them.
  • #264
  • Jul 21, 2010 7:52am Jul 21, 2010 7:52am
Quoting roundrock
on watch list..
I believe the 3rd touch has been achieve already!!

Dejan
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  • #265
  • Jul 21, 2010 8:22am Jul 21, 2010 8:22am
Quoting david486
hey buddy maybe you shuold use other charts. these fxcm charts are out of whack use fxdd. there is no eur/jpy trend. more of a support resitance line
hi david, i have a question on the trendlines. we need to connect the low / high of the waves ? if i get a high then i need to wait for a low and reverse and get another high. if we connect the highs of such waves then we will get a good trendline. just connecting highs of consiquetive bars (or alternate bars) is not proper. in my EJ chart i dont see any wave. that looks a bad trade

thanks again for pointing this out
  • #266
  • Jul 21, 2010 8:36am Jul 21, 2010 8:36am
Quoting roundrock
hi david, i have a question on the trendlines. we need to connect the low / high of the waves ? if i get a high then i need to wait for a low and reverse and get another high. if we connect the highs of such waves then we will get a good trendline. just connecting highs of consiquetive bars (or alternate bars) is not proper. in my EJ chart i dont see any wave. that looks a bad trade

thanks again for pointing this out
what i meant by your charts are off is that your candles are alot different to mine and therfor get different/incorrect trends. that e/j trade you took on my chart the two legs were one 5 pips in value difference from each other. That is a support resistance line, a completely different tradeable method. your trendline drawing looks pretty good though its just that your charts are off.
  • #267
  • Jul 21, 2010 9:05am Jul 21, 2010 9:05am
one of my fav about channels
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  • #268
  • Jul 21, 2010 9:45am Jul 21, 2010 9:45am
Watching this for later
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  • #269
  • Jul 21, 2010 9:47am Jul 21, 2010 9:47am
EA long... good trade
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  • #270
  • Jul 21, 2010 10:33am Jul 21, 2010 10:33am
long triggered
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  • #271
  • Jul 21, 2010 10:43am Jul 21, 2010 10:43am
Mine is different, why ¿

http://img571.imageshack.us/img571/417/entry1.gif
  • #272
  • Jul 21, 2010 11:07am Jul 21, 2010 11:07am
Hello everyone, I think would be more good if all have FXDD demo charts then all same like david and no confuseing. IMO
  • #273
  • Jul 21, 2010 8:19pm Jul 21, 2010 8:19pm
short triggered
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  • #274
  • Jul 21, 2010 8:33pm Jul 21, 2010 8:33pm
getting ready for long
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  • #275
  • Jul 21, 2010 9:17pm Jul 21, 2010 9:17pm
Quoting roundrock
short triggered
did you take this short??
  • #276
  • Jul 21, 2010 9:24pm Jul 21, 2010 9:24pm
Quoting john19r
did you take this short??
no, i was sleeping :-)
  • #277
  • Jul 22, 2010 12:50am Jul 22, 2010 12:50am
guys good news.. will be releasing neural net upon first trade i see on gy.
it has room for only 3 pairs as the only pair i trade live is gy(others are added for those that wish to trade other pairs)
the second is eurjpy any ideas for the third pair guys, was thinking maybe usd/chf or audcad. let me know here on the forum.
thanks
  • #278
  • Jul 22, 2010 1:11am Jul 22, 2010 1:11am
Quoting david486
guys good news.. will be releasing neural net upon first trade i see on gy.
it has room for only 3 pairs as the only pair i trade live is gy(others are added for those that wish to trade other pairs)
the second is eurjpy any ideas for the third pair guys, was thinking maybe usd/chf or audcad. let me know here on the forum.
thanks
is the pair hardcoded or configurable ?
  • #279
  • Jul 22, 2010 1:17am Jul 22, 2010 1:17am
Quoting david486
guys good news.. will be releasing neural net upon first trade i see on gy.
it has room for only 3 pairs as the only pair i trade live is gy(others are added for those that wish to trade other pairs)
the second is eurjpy any ideas for the third pair guys, was thinking maybe usd/chf or audcad. let me know here on the forum.
thanks
configurable. but standard is gbp/jpy i wont be substituting this pair. the other 2 spots can be another two pairs(for both short and long trades)
  • #280
  • Jul 22, 2010 1:20am Jul 22, 2010 1:20am
Hey David,

If you see at the bottom of the tread you could see me as online reading this thread...

I am trading the same method only for daily timeframe as I work full time

Many thanks for your good work

Ace
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