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Trendline Scalping 4hr timeframe

  • #941
  • Aug 31, 2010 8:59pm Aug 31, 2010 8:59pm
Quoting fguru
Hm, different brokers have different data feed. Can you show me your chart with the 13 EMA on it?

However this system doesnt use any moving averages, it is just me using the 13 EMA, as I have made better experiences with trendlines + 13 EMA.
Here you are fguru !

My broker is Tadawulfx.
Attached Image(s) (click to enlarge)
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All that we are is the result of what we have thought.Buddha
  • #942
  • Aug 31, 2010 9:08pm Aug 31, 2010 9:08pm
Im using Forex.com and IBFX and on both charts there was a pullback on the 13 EMA.
Attached Image
  • #943
  • Aug 31, 2010 9:16pm Aug 31, 2010 9:16pm
Quoting fguru
Im using Forex.com and IBFX and on both charts there was a pullback on the 13 EMA.
It's okay. I dont have any argument here.

Oh, by the way, could you tell me how many percent you have won so far?

Sorry Dave, I don't mean to irritate you. I'm in the first steps using this method. Just want to know how it works for other friends.

You're good and open person, right Dave?

Thank you for your share very much !
All that we are is the result of what we have thought.Buddha
  • #944
  • Aug 31, 2010 9:23pm Aug 31, 2010 9:23pm
I would say I win 60-70% of the trades. Problem is that I normally trade during wrong times. I sleep during London session and I think this is the time when David wins most of his trades.
  • #945
  • Aug 31, 2010 9:35pm Aug 31, 2010 9:35pm
Hey, look at this guys,

Can we short here?
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All that we are is the result of what we have thought.Buddha
  • #946
  • Aug 31, 2010 9:38pm Aug 31, 2010 9:38pm
Quoting fguru
I would say I win 60-70% of the trades. Problem is that I normally trade during wrong times. I sleep during London session and I think this is the time when David wins most of his trades.
That's wonderful enough fguru.

We will become millionaires gradually.
All that we are is the result of what we have thought.Buddha
  • #947
  • Aug 31, 2010 9:52pm Aug 31, 2010 9:52pm
Quoting orion86
Hey, look at this guys,

Can we short here?
Well, my chart looks complete different than your chart. I wont short AU (because of the 13 EMA).
Attached Image
  • #948
  • Aug 31, 2010 9:55pm Aug 31, 2010 9:55pm
Quoting orion86
That's wonderful enough fguru.

We will become millionaires gradually.
Yes, let us hope so.
  • #949
  • Aug 31, 2010 11:55pm Aug 31, 2010 11:55pm
can i safely say DaveNN client is some sort of a signal trading?
  • #950
  • Sep 1, 2010 2:05am Sep 1, 2010 2:05am
Still learning and was wondering whether this will be a valid short, should the next candle bounce off the TL
Attached Image (click to enlarge)
Click to Enlarge Name: potential eurusd trade 8312010.jpg Size: 135 KB
Low Risk Low Stress High Reward High Probability Trades
  • #951
  • Sep 1, 2010 2:26am Sep 1, 2010 2:26am
Quoting Tipster
What's in the top right corner of your chart?
Hi Tipster,
It is "Mini charts", indicator that allows you to display MTF's on one chart, avoiding switching to/from other timeframes. It is fully configurable, take some time to experiment. Wish you many green pips.
Ludo
Attached File(s)
File Type: ex4 MiniChart_v12.ex4   37 KB | 385 downloads
  • #952
  • Sep 1, 2010 2:28am Sep 1, 2010 2:28am
Quoting 919gilead
Still learning and was wondering whether this will be a valid short, should the next candle bounce off the TL
Sorry I see that the picture is not clear
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Click to Enlarge Name: potential eurusd trade 9012010.jpg Size: 111 KB
Low Risk Low Stress High Reward High Probability Trades
  • #953
  • Sep 1, 2010 2:35am Sep 1, 2010 2:35am
Quoting 919gilead
Sorry I see that the picture is not clear
im in a aud/usd short entry at 90flat
  • #954
  • Sep 1, 2010 3:06am Sep 1, 2010 3:06am
Quoting john19r
im in a aud/usd short entry at 90flat
Trade was only good for 20 pips before market turned on good PMI report.

Yes you should be right on the Aussie short, as I'm looking for a long at the re-test of the 100 SMA line (around 8945) - another H4 strategy I trade.
Low Risk Low Stress High Reward High Probability Trades
  • #955
  • Sep 1, 2010 4:17am Sep 1, 2010 4:17am
guys new eur/jpy trade updated in nn. its a long
  • #956
  • Sep 1, 2010 4:22am Sep 1, 2010 4:22am
autoexecute is enabled for this trade
  • #957
  • Sep 1, 2010 4:40am Sep 1, 2010 4:40am
Thanks David
Will be interesting to see if we can get a retrace tonight on the EUR as it is looking long and strong atm.
Could you please confirm that the set up looks to only take trades within the current week ie all 3 hits must be with in the one week.

thanks
  • #958
  • Sep 2, 2010 3:27am Sep 2, 2010 3:27am
Quoting debono
Thanks David
Will be interesting to see if we can get a retrace tonight on the EUR as it is looking long and strong atm.
Could you please confirm that the set up looks to only take trades within the current week ie all 3 hits must be with in the one week.

thanks
yes i can confirm.
eur/jpy short
check nn for details
  • #959
  • Sep 2, 2010 7:57am Sep 2, 2010 7:57am
in this eur/jpy trade. entered @ 108.24 via nnautoexecute didnt tighten rules hopfully the us news doesnt affect this one.
anyone else in?
  • #960
  • Sep 2, 2010 8:07am Sep 2, 2010 8:07am
Quoting david486
in this eur/jpy trade. entered @ 108.24 via nnautoexecute didnt tighten rules hopfully the us news doesnt affect this one.
anyone else in?
nope not in. disabled autoexecute. when are you going to put sms alerts?
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