my trade | Page 50 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Can you teach me Carry Trade and Swing Trade? 5 replies

Golden rule: trade the trade! 16 replies

usa trade balance cad trade balance 6 replies

Philly Fed later - trade or not to trade? 10 replies

Months to trade or not to trade Forex? 2 replies

Attachments: my trade
Exit Attachments

my trade

  • #981
  • Aug 6, 2010 12:48pm Aug 6, 2010 12:48pm
Quoting ben10
wow thats beautiful chart but i dont see the wma at all , still ... very nice though, care to share or explain whats are in that chart? the indicator the set up etcetra...
hi ben10,

i'm just using the 3 MA in my chart
as the center line or zero point of the PA

1. WMA 35
2. WMA 45
3. LWMA 40 but LWMA 40 the indi will be change the color if PA cross the line, PA cross down of the line to be appear green color as the Resistance, red colour as the support

the 3MA's be come the small pipe below the PA and we can see the compress from this

the below indi also same is the MA indi 1st window is using 2ma on 5 MTF (25LSMA vs 63 EMA) 2nd window on 5 MTF (25LSMA vs 240EMA)

On 1MTF 1st window indi MA using 25LSMA vs 100EMA
2nd window indi MA using 25LSMA vs 300EMA

also I'm using weekly opening line and weekly pivot
i'm also monitoring time of the market, 00 gmt - 04 gmt is the black, 05.00 gmt to 09.00 gmt is the slate grey, 09.00 to 10.00 gmt black and 10.00 gmt to 17.00 gmt slate green.....

that's all ben......

cheers
  • #982
  • Aug 6, 2010 1:10pm Aug 6, 2010 1:10pm
Quoting mrhb30jr
hi ben10,

i'm just using the 3 MA in my chart
as the center line or zero point of the PA

1. WMA 35
2. WMA 45
3. LWMA 40 but LWMA 40 the indi will be change the color if PA cross the line, PA cross down of the line to be appear green color as the Resistance, red colour as the support

the 3MA's be come the small pipe below the PA and we can see the compress from this

the below indi also same is the MA indi 1st window is using 2ma on 5 MTF (25LSMA vs 63 EMA) 2nd window on 5 MTF (25LSMA vs 240EMA)

On 1MTF 1st window indi MA using 25LSMA vs 100EMA
2nd...
audusd 5mtf
Attached Image (click to enlarge)
Click to Enlarge Name: aud.gif Size: 31 KB
  • #983
  • Aug 6, 2010 4:00pm Aug 6, 2010 4:00pm
hi ben and all,

another great brain storming session by ben today. the pipe, compression and slope concept can be applied to any time frame as you have demonstrated. even with m15 +, great results can be achieved, imo.

at 8:30 gmt cable made a steep fall, and so did EU (rise) at 12:30 gmt. these moves are due to news. great opportunity for the bubble trade as ben has captured.

Oanda entering its weekend maintenance in 5 min.

see you all next week with fruitful trades!

good luck with your little league soccer games, ben
  • #984
  • Aug 6, 2010 9:18pm Aug 6, 2010 9:18pm
Quoting mrhb30jr
hi ben10,

i'm just using the 3 MA in my chart
as the center line or zero point of the PA

1. WMA 35
2. WMA 45
3. LWMA 40 but LWMA 40 the indi will be change the color if PA cross the line, PA cross down of the line to be appear green color as the Resistance, red colour as the support

the 3MA's be come the small pipe below the PA and we can see the compress from this

the below indi also same is the MA indi 1st window is using 2ma on 5 MTF (25LSMA vs 63 EMA) 2nd window on 5 MTF (25LSMA vs 240EMA)

On 1MTF 1st window indi MA using 25LSMA vs 100EMA
2nd...

Hi ben10,

I add 3more MA line to my chart now see the enclosure 5MTF EJ chart

1. WMA 35
2. WMA 45
3. LWMA 40
additional MA inside my chart
- WMA 30
- WMA 25
- WMA 20

with those additional MA I will see more clear of the compress of the market price...

This set up could be applied for all TF but we need to maintain our Risk and Reward

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: eu1mtf5.gif Size: 54 KB
  • #985
  • Aug 7, 2010 12:00am Aug 7, 2010 12:00am
Quoting mrhb30jr
Hi ben10,

This set up could be applied for all TF but we need to maintain our Risk and Reward

Cheers
this what i see by using your indicator

http://img245.imageshack.us/img245/1099/themap.png

act as the map = bigger pipe pattern , also to monitor whats going on at a higher time frame while im ready to attack and pipping the smaller one for quick run.
  • #986
  • Aug 7, 2010 1:22am Aug 7, 2010 1:22am
and this chart(below) what i come up with after fiddling with your indicator :

http://img822.imageshack.us/img822/6627/discovery.png

i like simple scalping strategy and system :

2 priceline(support resistance line).

zigzag priceline = indecisive action among traders.

next....
  • #987
  • Aug 7, 2010 3:30am Aug 7, 2010 3:30am
Quoting ben10
and this chart(below) what i come up with after fiddling with your indicator :



i like simple scalping strategy and system :

2 priceline(support resistance line).

zigzag priceline = indecisive action among traders.

next....
Nice method with the simple chart ben10
is not the quantity of the trade but quality of the trade

enclosure the classic Art chart ..........
have a nice weekend

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: clasic chart on 5MTF.JPG Size: 179 KB
  • #988
  • Aug 7, 2010 9:58am Aug 7, 2010 9:58am
Quoting mrhb30jr
Nice method with the simple chart ben10
is not the quantity of the trade but quality of the trade

enclosure the classic Art chart ..........
have a nice weekend

Cheers
i like that colourful picasso of yours and you are right " its not about right or wrong but can we make money out of it"

keep the positivity flow

oh i put that pic in my chart diary by the way

http://www.forexfactory.com/showpost...&postcount=861
  • #989
  • Aug 7, 2010 10:47am Aug 7, 2010 10:47am
Quoting Magic Trader

Like RisingSun was saying, we'd like to be able to get into the trade sooner if at all possible.

Another possibility is to make our SL tighter.
below mentioned is part of the solution IMO:

zigzgag and cross-over of the yellow and white lines can act as an early entry and exit, also can be use as support/resistance line break out.
you dont have to use the snowball bet if you dont want to

http://img825.imageshack.us/img825/3667/zigzagsr.png
  • #990
  • Edited 7:34pm Aug 7, 2010 6:50pm | Edited 7:34pm
i usually don't trade news. looking back the friday charts　however, a thought occurred that the concept of ben's mma could well be used for trading the news successfully. oanda charts are not retrievable on weekend so am using MT4 m1 charts to explain. there were two news, on Gbp @8:30 gmt and on Usd @ 12:30 gmt. the purple dotted vertical lines show these times less one minute (=xx:29 gmt).

this post, for your weekend kill-time pleasure. questions/comments, please
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Untitled-238.png Size: 41 KB
Click to Enlarge Name: Untitled-239.png Size: 36 KB
Click to Enlarge Name: Untitled-240.png Size: 24 KB
Click to Enlarge Name: Untitled-241.png Size: 32 KB
  • #991
  • Aug 7, 2010 10:36pm Aug 7, 2010 10:36pm
Quoting RisingSun
i usually don't trade news. looking back the friday charts　however, a thought occurred that the concept of ben's mma could well be used for trading the news successfully. oanda charts are not retrievable on weekend so am using MT4 m1 charts to explain. there were two news, on Gbp @8:30 gmt and on Usd @ 12:30 gmt. the purple dotted vertical lines show these times less one minute (=xx:29 gmt).

this post, for your weekend kill-time pleasure. questions/comments, please
Very clever and astute observation, you add another idea to milk the forex!

thank you i'll study them

just quick note but ... sometimes oanda change the spread on news time
  • #992
  • Aug 7, 2010 10:45pm Aug 7, 2010 10:45pm
i re- watch the chart and its all clearer and make lot of sense Risingsun,
on news time the flat market is disappear, thi is the best time to kill the 1 minute chart using the pipe method as the compression ready to explode , penetrate the upper or lower pipeline.

send me an alert on news time please!
  • #993
  • Aug 8, 2010 5:10am Aug 8, 2010 5:10am
http://img517.imageshack.us/img517/6269/3in1.png

3 ways to trade :

the pipe, compression and slope set-up.
the support resistance trade set-up.
the 2 lines(yellow and withe) crosses set-up.
  • #994
  • Aug 8, 2010 8:07am Aug 8, 2010 8:07am
crosses of the lineprice and 2 wma, i cant wait to practice/use it on 5 or 10 second chart will documented all the trades beginning monday!

http://img819.imageshack.us/img819/1155/1day.png

http://img830.imageshack.us/img830/6256/3hour.png

becouse i can not trade every time the pipe pattern appeared, i will trade any chart(time frames).

using 1% of balance to trade, will post the weekly result.
i want to know how many time the pipe pattern would pop out? how many trades to execute? more winning trades or losing one?

http://img15.imageshack.us/img15/8074/66386650.png

i get rid off the weekend data, i dont know if i get it right?

http://img97.imageshack.us/img97/1967/weekenddata.png
  • #995
  • Aug 8, 2010 9:38pm Aug 8, 2010 9:38pm
http://img832.imageshack.us/img832/8793/83148716.png
  • #996
  • Aug 9, 2010 2:21am Aug 9, 2010 2:21am
wild moves towards Frank and London open ... managed to get 5% gain even with conservative entries @retrace + break of recent resistance after the pipeline break
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Untitled-242.png Size: 47 KB
Click to Enlarge Name: Untitled-243.png Size: 47 KB
  • #997
  • Edited 3:10am Aug 9, 2010 2:43am | Edited 3:10am
Quoting RisingSun
wild moves towards Frank and London open ... managed to get 5% gain even with conservative entries @retrace + break of recent resistance after the pipeline break
============================================

Hi RisingSUN,

How you draw the short horizontal lines (yellow lines R/S)?

Thanks,

p.s. ok i found it !
  • #998
  • Aug 9, 2010 9:49am Aug 9, 2010 9:49am
hi guys, try wma 1- 18 for 10 second chart trading , seems fits better than wma 40


http://img227.imageshack.us/img227/6672/40525834.png
  • #999
  • Aug 9, 2010 9:53am Aug 9, 2010 9:53am
Quoting RisingSun
wild moves towards Frank and London open ... managed to get 5% gain even with conservative entries @retrace + break of recent resistance after the pipeline break
thats what im talking bout you get paid for waiting!
just wait when the slope of the rope is ready or about to penetrate the either uper or lower pipe, well done Risingsun for being patience
  • #1,000
  • Aug 9, 2010 9:56am Aug 9, 2010 9:56am
risingsun, do you always looking to trade 10 pips priceline(grid sapcing) target?
1 trader viewing now