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Trade what you see NOT what you expect

  • #34,421
  • May 1, 2011 8:13am May 1, 2011 8:13am
  •  Jey
  • | Joined Jun 2009 | Status: Market Slave-Overworked/Underpipped | 283 Posts
How many pairs will this system work in besides GU? I know EO says he doesnt need anything other than GU. But in case GU is not having a setup, will the other 3 majors work i.e. EU, UJ, UC? Or any other pairs?
I have seen the enemy, and it is me.
  • #34,422
  • May 1, 2011 11:52am May 1, 2011 11:52am
Quoting Jey
How many pairs will this system work in besides GU? I know EO says he doesnt need anything other than GU. But in case GU is not having a setup, will the other 3 majors work i.e. EU, UJ, UC? Or any other pairs?
From what I've seen it works on just about everything. The main ones used in this thread are GU (The Mrs) EJ (The mistress) and EU (The temptress) but I've used it on just about everything. I should add though that you wouldn't find a day where there is not a setup on GU.
  • #34,423
  • May 1, 2011 7:14pm May 1, 2011 7:14pm
I am short based off of the Thursday dailey candle. S/L is in place and thought I would give it a shot.I am looking to take profit at 1.6580.

BTW it is against the trend so kinda risky but I wanted to see if the daily candle from Thursday would hold.
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Please ask questions and share your experiences with us all!
  • #34,424
  • May 2, 2011 7:40am May 2, 2011 7:40am
Maybe the political news will help the $ and help my trade....... only time will tell I guess. Where is everyone?
Please ask questions and share your experiences with us all!
  • #34,425
  • May 2, 2011 7:41am May 2, 2011 7:41am
Quoting The Captain
It's an indicator. Recent SR by Hanover. It's really great.

http://www.forexfactory.com/showthread.php?t=204276
It's gratifying to see that some of my creations actually get used. I see that they get downloaded many times, but I have no real way of knowing whether anybody finds them helpful or not.
  • #34,426
  • May 2, 2011 7:52am May 2, 2011 7:52am
Quoting hanover
It's gratifying to see that some of my creations actually get used. I see that they get downloaded many times, but I have no real way of knowing whether anybody finds them helpful or not.
Not only helpful Hanover, I would say exceptional! The settings the Captain uses are good and it has saved me so much time you would not imagine, thank you for it

I also would like to say I read your 2 posts in the Weekly returns thread and they were also brilliant to read. Excellent work Hanover
  • #34,427
  • May 2, 2011 4:17pm May 2, 2011 4:17pm
Quoting hanover
It's gratifying to see that some of my creations actually get used. I see that they get downloaded many times, but I have no real way of knowing whether anybody finds them helpful or not.
Thanks Hanover. It is really a great tool. EO himself emphasis the importance of HTF with this method and the recentSR tool really help to get those point especially with the parameters setting given us by Captain. It is very efficient since it is easy to customize.

I was wondering if there is update to the tool? I am sure there is still room for improvement.

Thanks
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #34,428
  • May 2, 2011 5:37pm May 2, 2011 5:37pm
Quoting ejiexe
I was wondering if there is update to the tool?
Ejiexe,

Yes, I have updated it in the last few days. Please feel welcome to check the thread for updates, as often as you wish.

Anyway, I will exit this great thread now. I don't wish to clutter it with too many off-topic posts.

David
________________

@ohammond: Thanks.
  • #34,429
  • May 2, 2011 7:43pm May 2, 2011 7:43pm
Where is everyone? Captain I know you are out there somewhere!!
Please ask questions and share your experiences with us all!
  • #34,430
  • May 3, 2011 6:14am May 3, 2011 6:14am
Quoting bkg102665
I am short based off of the Thursday dailey candle. S/L is in place and thought I would give it a shot.I am looking to take profit at 1.6580.

BTW it is against the trend so kinda risky but I wanted to see if the daily candle from Thursday would hold.

!!!
Please ask questions and share your experiences with us all!
  • #34,431
  • May 3, 2011 6:33am May 3, 2011 6:33am
Quoting bkg102665
!!!
Nice Nice Nice
  • #34,432
  • May 3, 2011 1:59pm May 3, 2011 1:59pm
Quoting bkg102665
Where is everyone? Captain I know you are out there somewhere!!
Yo bro!

I'm around. Busy with work so the ladies aren't getting much intraday love from me these days.
Cap
  • #34,433
  • May 4, 2011 5:47am May 4, 2011 5:47am
MAs aligned and last few days tennis match so let PO do it's work!
At that point she could go both directions but I set only SellStop and very cautiously with trigger but brave with TP............:nerd:
I'm not sure about my SL maybe it should be higher (1.4835 or even higher) but if it would be hit the -25 or more...........
Comments please!?!
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  • #34,434
  • May 4, 2011 9:16am May 4, 2011 9:16am
Watched this potential trade over the past 2-3 hours but missed the initial touch and break so wasnt going to chase but what a setup.

RT
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  • #34,435
  • May 4, 2011 1:04pm May 4, 2011 1:04pm
http://www.forexfactory.com/showpost...&postcount=237
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  • #34,436
  • May 5, 2011 6:25am May 5, 2011 6:25am
Quoting Razor_trader
Watched this potential trade over the past 2-3 hours but missed the initial touch and break so wasnt going to chase but what a setup.

RT
wow has this moved, damn spewin I missed it.
  • #34,437
  • May 6, 2011 12:27am May 6, 2011 12:27am
Great!
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THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #34,438
  • May 9, 2011 2:02am May 9, 2011 2:02am
I did sold because of 35/50 cross and it seems worked this time also, but the ma's isn't in right sequence that's why I didn't wait till my initial TP hit but secured my profit.
Scared.
If I look to chart now ...... my initial TP hit!
Comments appreciate!
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  • #34,439
  • May 9, 2011 4:02am May 9, 2011 4:02am
Quoting rompe
I did sold because of 35/50 cross and it seems worked this time also, but the ma's isn't in right sequence that's why I didn't wait till my initial TP hit but secured my profit.
Scared.
If I look to chart now ...... my initial TP hit!
Comments appreciate!
Excellent trade, but if you're nervous take some profit and then move the stop to breakeven on the rest, that way you can relax. I usually move to breakeven at about 10 pips or so, the Captain moves it at +6 I think he said somewhere.
  • #34,440
  • Edited 10:43am May 10, 2011 10:37am | Edited 10:43am
Took 4 trades till now.
first described in picture:nerd:

second was similar: [email protected] [email protected] [email protected] secured @+4 when white candlestick closed and finished +4 when arrow marked candlestick blew me out.

At that moment I realized the arrow marked candle is due to market news (even FF stalled ) and was pretty sure she will come back to marked channel.

Third sold @1.4383 initial [email protected] [email protected] later to secure my profit I applied ts 15 pip (trailing stop). +43

Somebody might ask is the third trade according to PA discussed in this thread, well.... I think it does.:nerd:

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trade Nr4
bought because of 1.4330 resistance and also one of my trend lines was there to comfirm
bought @1.4327 [email protected] [email protected] after entered candle closed applied ts 15 pip which moved sl @1.4335 which as eventually hit
+8 in any case is gooooooooooooooood (although could be more)

TOTAL -10+4+43+8=+45
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Comments appreciate!
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