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my trade

  • #1,201
  • Aug 16, 2010 11:15am Aug 16, 2010 11:15am
whats going on here ? the markets is sleeping
  • #1,202
  • Aug 16, 2010 11:23am Aug 16, 2010 11:23am
if any one spot the rope , please shout!

any pairs , any timeframe does not matter! i want to make money
, october this year im taking my family on holiday
  • #1,203
  • Aug 16, 2010 11:40am Aug 16, 2010 11:40am
well i shout to my self then

http://img824.imageshack.us/img824/7854/rope3.png
  • #1,204
  • Aug 16, 2010 11:47am Aug 16, 2010 11:47am
thats all the show for this early morning, nai - nai
  • #1,205
  • Aug 16, 2010 12:37pm Aug 16, 2010 12:37pm
Quoting ben10
thats all the show for this early morning, nai - nai
Great trades Ben
  • #1,206
  • Aug 16, 2010 12:40pm Aug 16, 2010 12:40pm
Quoting ben10
lot of trades there Ffrank, i might take two trades from your chart but that just me



http://img835.imageshack.us/img835/8922/comb.png
Lol, yes lots of trades. But all entries taken with HA candles (turned off on chart for clarity). More filtering with rainbow tomorrow
  • #1,207
  • Edited 6:12pm Aug 16, 2010 4:06pm | Edited 6:12pm
Quoting ben10
if any one spot the rope , please shout!

any pairs , any timeframe does not matter! i want to make money
, october this year im taking my family on holiday
don't blame me for not shouting .. was deep asleep at that time.

long rope is ideal. how long should it be? sometimes, a short rope combined with a strong slope reading can be an opportunity. how do i define this?

yeah, the rope is a clever creation of human being and discovering in FX trading is a master's work, ben!

Edit: for those viewers new, please note that the chart time is JST (Japan Standard Time), which is +9 hours of GMT.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Untitled-253.png Size: 47 KB
  • #1,208
  • Aug 16, 2010 5:18pm Aug 16, 2010 5:18pm
Quoting RisingSun
don't blame me for not shouting .. was deep asleep at that time.

long rope is ideal. how long should it be? sometimes, a short rope combined with a strong slope reading can be an opportunity. how do i define this?

yeah, the rope is a clever creation of human being and discovering in FX trading is a master's work, ben!
Nice trading mate, I like E3 entry. These are my favourite looking trades. Getting early like this could be a good time to trail SL? Let price hit your 1.5%+ but then move SL above last retrace and see what the market gives you. Just a thought
  • #1,209
  • Aug 16, 2010 5:40pm Aug 16, 2010 5:40pm
Quoting Ffrank
Nice trading mate, I like E3 entry. These are my favourite looking trades. Getting early like this could be a good time to trail SL? Let price hit your 1.5%+ but then move SL above last retrace and see what the market gives you. Just a thought
hi frank. trail SL "manually" would be the course i would take, coz a fine tuning by observing the PA is possible. auto Trailing Stop that many people seem to advocate is, to me, not comfy coz it is quite difficult to find an optimum distance to trail. your idea should work well when your entry is early enough, such as E1 or E3, as the price moves fast and straight, often without hesitation.

nice pipping @ Frank open
  • #1,210
  • Aug 16, 2010 8:18pm Aug 16, 2010 8:18pm
Quoting RisingSun
hi frank. trail SL "manually" would be the course i would take, coz a fine tuning by observing the PA is possible. auto Trailing Stop that many people seem to advocate is, to me, not comfy coz it is quite difficult to find an optimum distance to trail. your idea should work well when your entry is early enough, such as E1 or E3, as the price moves fast and straight, often without hesitation.

nice pipping @ Frank open
i try using trailing stop, its hard when you scalping!

as the flame(fast moving price ) move you finger move too .
  • #1,211
  • Aug 16, 2010 8:44pm Aug 16, 2010 8:44pm
Quoting Ffrank
Lol, yes lots of trades. But all entries taken with HA candles (turned off on chart for clarity). More filtering with rainbow tomorrow
this one an old chart of mine from my old chart diary , see how i read the two group of traders using mma and "heneken -asahi" lol.

spot the rope, heneken - asahi break the priceline but ..... before that you can see the seperation of two group of mma(the rope spreads )

http://img718.imageshack.us/img718/1976/58114244.png
  • #1,212
  • Aug 16, 2010 8:54pm Aug 16, 2010 8:54pm
Quoting RisingSun
long rope is ideal. how long should it be? sometimes, a short rope combined with a strong slope reading can be an opportunity. how do i define this?

.
hard to put into words, you got me here buddy! hmmm what about when the slope of the rope start to turn ? tell the finger to click the mouse

http://img836.imageshack.us/img836/2540/aki.png
  • #1,213
  • Aug 16, 2010 9:00pm Aug 16, 2010 9:00pm
Shoot!

http://img839.imageshack.us/img839/5613/rope.png
  • #1,214
  • Aug 16, 2010 9:33pm Aug 16, 2010 9:33pm
Quoting ben10
this one an old chart of mine from my old chart diary , see how i read the two group of traders using mma and "heneken -asahi" lol.

spot the rope, heneken - asahi break the priceline but ..... before that you can see the seperation of two group of mma(the rope spreads )

http://img718.imageshack.us/img718/1976/58114244.png
hey ben, do you remember the two groups of mma? min-max period, step for the red and the purple groups?
  • #1,215
  • Aug 16, 2010 9:42pm Aug 16, 2010 9:42pm
Quoting ben10
hard to put into words, you got me here buddy! hmmm what about when the slope of the rope start to turn ? tell the finger to click the mouse

http://img836.imageshack.us/img836/2540/aki.png
"what about when the slope of the rope start to turn ? tell the finger to click the mouse " - thanks for your input. will observe the PA with it in mind.

and you are right. the previous h4 pivot was there right at 100.27! i should have been "very" careful
  • #1,216
  • Aug 16, 2010 10:07pm Aug 16, 2010 10:07pm
FIrst one was a loser, but second one worked out. Still learning
Attached Image (click to enlarge)
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  • #1,217
  • Aug 16, 2010 10:34pm Aug 16, 2010 10:34pm
http://img64.imageshack.us/img64/2258/priceline.png
  • #1,218
  • Aug 16, 2010 10:39pm Aug 16, 2010 10:39pm
Quoting RisingSun
hey ben, do you remember the two groups of mma? min-max period, step for the red and the purple groups?
no, i think its between 5 and 100 ma. i dont know exactly , sorry
  • #1,219
  • Aug 16, 2010 10:40pm Aug 16, 2010 10:40pm
Quoting google
FIrst one was a loser, but second one worked out. Still learning
very cool! try to follow the slope of the rope but you do a great job by cut the loser fast
  • #1,220
  • Aug 16, 2010 11:19pm Aug 16, 2010 11:19pm
This one worked out kinda nice. Ben I was reading and you mentioned that one should pick one pair and stick with it. Should i do that because at the moment i am watching 4 pairs on 1min.
Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: Screen shot 2010-08-16 at 9.16.22 PM.png Size: 42 KB
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