my trade

bad boy! yeah, i like oanda coz it keeps and shows all the trades, good or bad on any time frame charts enabling us to review and evaluate your finger actions! MT4 doesn't unless you use programs (scripts and/or EA) to mark the entry/exit points of an order. keep up the good (bad) habit but watch out for anyone looking at your screen over your shoulder!

was just looking at an MT4 charts for a historical PA, m1 and m5 since Oanda does not provide long enough history for these short time frames. my interest is whether there are tradable or big enough swing every day that can be detected with ben mma.

the attached pic is of FXDD Malta. its time is +3 gmt. the ben mma is 2-28, 2. orange dotted vertical line is Frank open. i chose to show both bid and ask prices. dotted horizontal lines are S&R: green - h1, blue - h4, red - d1 and orange - w1 (not shown in this pic).

you can scroll back weeks and months on MT4, so you will be able to evaluate your trade method and plan - time of the day to trade, what sort of swings you can expect, are there enough room for your style to make money, how much pips should you expect, is your SL wide enough to give breathing, etc.

the white line up above near the top is the price alert indicator.

if anyone interested, shout and i will post these indicators and a template so you can clone the chart.

FYI, a certain source who sells news trade software has announced the following events (some backdated). time apparently is gmt.

*****************
Our +++ will trade the following important news this week:

Tue Aug 10th
-----18:15 USD Federal Funds Rate
Wed Aug 11th
-----12:30 USD Trade Balance
-----12:30 CAD Trade Balance
Thu Aug 12th
-----01:30 AUD Employment Change
-----22:45 NZD Retail Sales m/m
Fri Aug 13th
-----12:30 USD Core Retail Sales m/m
-----12:30 USD Core CPI m/m

Hi Ffrank, glad to see you post more charts , ready to kill the 5sec hey

i like that Akira

Im interested buddy!

Magic, im still holding my gold short position

http://img155.imageshack.us/img155/6325/30678708.png

hang on a sec!, i make some coffee

hi frank,

MMA - Multiply Moving Average ....
Noted with thank's ....

Cheers

ok buddy, am attaching these - they are all from FF, so thank them who created and shared:

1. #KG Support and Resistance Alert_Revision 2 ___rev.mq4 : you can have m15 - mo1 by tweaking. sound/pop up alerts can be set. currently h1, h4, d1 and w1.

2. GMT 9.mq4 : will draw any session open/close lines. currently set for Frank open (summer) on FXDD. consider the GMT offset of your MT4 platform when setting the open times. currently set under GMT+3 hours of FXDD. If AlpariUK, the time on chart is GMT+2, if ibfx it is GMT+0, etc.

3. GMT-offset.mq4 : tells the time difference or offset of your platform time from GMT. MT4 platforms' times on chart differ due to server location of broker as you know.

4. HLine Alert.mq4 : gives sound alerts when price touches any price line you set. when platform started, a line is automatically drawn on current ask price, so double click on the line and move the line up/down to your liking.

the above 4 indicators, you copy and paste into the Expert/Indicator folder.

5. Fxdd malta gold.tpl : this you copy and paste into your MT4's "templates" folder. there is another "templates" folder under Expert - not here.

reboot your MT4, open a gold chart of any time frame, open the templates window from the top of your chart, and select Fxdd malta gold, and you are done.

you should have a clone of chart on my earlier post.

if you have problems, shout again

PS: i have disabled Chart shift and Chart autoscroll of the chart properties window. when looking back the history, it is better to disable them, while when viewing chart real time, these should be activated like the pic below:

i'll shout again , dont you worry lol

ok thanks a lot ! i'll fiddle with it on the weekend.

got to go, Ciao!

im finished negative for the week but this is the best trade of the week

http://img197.imageshack.us/img197/2...eoftheweek.png

yestrday trade

http://img837.imageshack.us/img837/6721/58184687.png

i closed the gold short at loss but the euro/yen trade already compensate for it , im happy with the way i trade this week.

however on scalping front ( the euro) i made lot of error and judgement and its okey too, i learn a lot as how to deal with my own "Scorpion"( destructive function of ones personality) such as the greed, the fear, the lack of focus, over convidence, etc...



the map for gold

http://img839.imageshack.us/img839/1233/goldpf.png

have a great weekend everyone

hi all,

the GMT offset indicator in my post 1149 will not show up in the clone chart made by using the template because i didn't have it on that chart.

so you should drag it onto any chart of your platform to see the offset values (+2, -3 etc). the indicator can be found in the custom indicator area of Navigator on the left of your screen of MT4.

sorry about this late advise.

the good thing about MT4 is it is operative on weekend, while oanda isn't (well higher time frame, yes, but m5 and lower is hopeless). you can spend all your weekend spare time in analysis and planning for the week to come on MT4.

there was a clear trend reversal north more than 30 min before the news. compression, spine curve up, comb widening. no spread widening at the news and the climb was about 20 pips. not a big one, but a juicy one.

my long was placed 15 min before the news to take advantage of this early signal by ben mma. i did want to add, but not enough funds left for this pair.

did you notice the move, frank?

at the time of writing, price is moving sideways at around 1.2990. Nine (9) more pips to go to my 3% TP level.

Great stuff RisingSun! Nice entry. I missed it but did see a reversal entry right before 7am - so will keep an eye on how news looks on future days.

Did you close out of the trade? I'm wondering if 2900 minus a pip or two would have been best PL due to it being a strong round number?

I just hammered my small SL method to see how it coped, ended a few pips positive so a good days testing

Hey RisingSun, did you trade the news?

I had an entry on current up-bias so moved to BE. (News is vertical line)

Got taken out with some serious vigour!

Lol, yeah, I have to click on minimise as fast 5sec one-click trading!

Hey Ben btw!

hi frank,

yes, i am still on. jpy pairs moved well. there was a shake off - the dip. i just followed the higher lows ...

trailing stop at 1.5%. bet was 10%. prices are stalling. maybe should get out soon.

just closed GU +19 and EU +14. not much as i expected out of news trade.

ok good night. have a great weekend.

Well done mate, very nice trades - even if the market wasn't feeling a bit more generous Yeah, have a great weekend!