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Trading with Deadly Accuracy

  • #961
  • Jan 5, 2011 5:16pm Jan 5, 2011 5:16pm
Thank you very much. How are you doing over all with it? Consistent positive pips?

Quoting plasmapants
i'm taking scalping trades from these levels going for 20/30 pips a pop using the bollingers opposite end as target.

the set ups are described in the thread but i'll draw arrows on future charts and try and make it a bit clearer.
  • #962
  • Jan 5, 2011 5:30pm Jan 5, 2011 5:30pm
i'm doing ok on a pip count basis. getting more hits then misses. i didn't take a trade on every chart i posted, but wish i had looking at where prices are now. c the eurjpy balistic missile.

the simple setups have been giving good entry levels 5 min charts. stops u from entering market at undefined levels.
bull in a china shop
  • #963
  • Jan 5, 2011 6:03pm Jan 5, 2011 6:03pm
Quoting plasmapants
nice trade. did u catch it
To be honest, I just recognized first S2 setup yesterday with a benefit of a hindsight and of precise drawing of SR levels. So when I today spotted it for the first time real-time, I opted for observing how price reacts to these levels and target projections in real-time too. And I must say I was amazed how accurate this method is -- almost to the pip on these time-frames.

Ideal setup for taking this trade in my view would be entering at 1.32238 (close of the bar penetrating lower S/R) and stop as tight as 1.32295 plus spread (high of the same bar). With regard to previous momentum, target projection would be 1.318-1.314 area.
  • #964
  • Jan 5, 2011 6:10pm Jan 5, 2011 6:10pm
Quoting Sdvsa
... And I must say I was amazed how accurate this method is -- almost to the pip on these time-frames.
that's what got me hooked.

look this cad yen type 3 setup.
Attached Image (click to enlarge)
Click to Enlarge Name: ccc.gif Size: 19 KB
bull in a china shop
  • #965
  • Edited 6:59pm Jan 5, 2011 6:32pm | Edited 6:59pm
Quoting plasmapants
that's what got me hooked.

look this cad yen type 3 setup.
Heureka! To the the enlightenment of myself and the others, I now can see it: this is Option 1 of the System 3 ("Red: Buy the rebound when price reaches first area of consolidation"; posts 903 and 904). Target would be second area of consolidation.

http://img140.imageshack.us/img140/3...em3option1.png
  • #966
  • Jan 5, 2011 6:48pm Jan 5, 2011 6:48pm
Very good, I'll give this system a more thorough read based upon your comments here.

By the way, has the thread started disappeared, or still here?

Quoting plasmapants
i'm doing ok on a pip count basis. getting more hits then misses. i didn't take a trade on every chart i posted, but wish i had looking at where prices are now. c the eurjpy balistic missile.

the simple setups have been giving good entry levels 5 min charts. stops u from entering market at undefined levels.
  • #967
  • Jan 5, 2011 7:03pm Jan 5, 2011 7:03pm
Quoting Dreamliner
Very good, I'll give this system a more thorough read based upon your comments here.

By the way, has the thread started disappeared, or still here?
Still here.

One of the best threads on FF!
  • #968
  • Jan 5, 2011 7:06pm Jan 5, 2011 7:06pm
You can follow him on twitter pals
  • #969
  • Jan 5, 2011 11:50pm Jan 5, 2011 11:50pm
Haven't traded the BOP method in a while. Systems 1,2,3 all seem to contradict the BOP method of Thrust - Hook - Pullback. I'll need to review all the material again so I can get it straight.

Glad to see the new material WMD.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #970
  • Jan 6, 2011 9:16am Jan 6, 2011 9:16am
cad yen looks like type 3 turned in to double top and breaking down.

see support 82.8 and if that give way, back to the point of origin.
Attached Image (click to enlarge)
Click to Enlarge Name: ccc.gif Size: 25 KB
bull in a china shop
  • #971
  • Jan 6, 2011 9:19am Jan 6, 2011 9:19am
if its possible, can some one mod the indi so that we only need to put it on one chart and it should display all the pairs. will be easier to see whats moving at a glance.


ed: looks like it not modifiable. need the original file.
bull in a china shop
  • #972
  • Jan 6, 2011 9:28am Jan 6, 2011 9:28am
gbpchf looks like its ready to break down

up channel, down break
Attached Image (click to enlarge)
Click to Enlarge Name: gchf.gif Size: 20 KB
bull in a china shop
  • #973
  • Jan 6, 2011 9:32am Jan 6, 2011 9:32am
euro yen is type 1 or 2 sell setup
Attached Image (click to enlarge)
Click to Enlarge Name: ejpy.gif Size: 24 KB
bull in a china shop
  • #974
  • Edited 10:31am Jan 6, 2011 10:10am | Edited 10:31am
Calling 'em to the pips, my friend!

Keep them coming ;-)

---
edit:

Regarding SAM, as I now understand it, we are trading between Supply/Demand clusters, weighting recent momentum and using WMD's S1 & S2 & S3 as a blueprint of how to trade among them.
  • #975
  • Jan 6, 2011 10:37am Jan 6, 2011 10:37am
trying my best, but could do with some help here two eyes, none of them at full power, and soo many charts to look at.
bull in a china shop
  • #976
  • Edited 12:07pm Jan 6, 2011 10:46am | Edited 12:07pm
After Watching some of Sam Seiden's seminars, this now feels like coming back home.
As I finally understand the essence of it, I might contribute something in return.
  • #977
  • Edited 12:19pm Jan 6, 2011 11:59am | Edited 12:19pm
My take on EURGBP:

H1:
http://img827.imageshack.us/img827/6...06eurgbph1.png

M15:
http://img690.imageshack.us/img690/9...6eurgbpm15.png
  • #978
  • Jan 6, 2011 12:06pm Jan 6, 2011 12:06pm
But consider this update to first H1 long-term support level:
http://img717.imageshack.us/img717/1...eurgbph1cl.png
  • #979
  • Jan 6, 2011 12:11pm Jan 6, 2011 12:11pm
type 1 in progress on gbpusd

note pin of resistance.
Attached Image (click to enlarge)
Click to Enlarge Name: g.gif Size: 35 KB
bull in a china shop
  • #980
  • Jan 6, 2011 12:26pm Jan 6, 2011 12:26pm
Quoting plasmapants
type 1 in progress on gbpusd

note pin of resistance.
I don't know, I think EU can't take it any longer (except going for some stops below 1.30) :-)

EX:
http://img190.imageshack.us/img190/3...106exh4adm.png

DX:
http://img51.imageshack.us/img51/660...106dxh4adm.png
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