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  • #2,961
  • May 18, 2011 5:36am May 18, 2011 5:36am
Quoting mackaozy
EJ is +40 pips. What do you want to know about timeframes?
very nice INDEED,

Re TFS
Originally Posted by courtneywild http://www.forexfactory.com/images/buttons/viewpost.gif
Hi Mackaozy.
are you trading 1htf....
I'm short the usjp on 4htf. (going no where)

Just to calrify
following the rules is 4htf i note quite a few dropping to 1hr ...any view on this please?

thank you.

courtney
  • #2,962
  • May 18, 2011 5:51am May 18, 2011 5:51am
Quoting Danyjoe
Hi! I'm trying and I thank you very much for sharing it, on which currency works best? thanks
All of them.
  • #2,963
  • May 18, 2011 5:59am May 18, 2011 5:59am
Quoting mackaozy
All of them.
Yeah.. i'm agree with u.. All the currencies are best, just depends on what style are yours? And the spread of each should be considered too..
  • #2,964
  • May 18, 2011 6:07am May 18, 2011 6:07am
to everyone who use stoch

this is one of the best stochastic indi that i know.

enjoy!

when price exit 80 line i'm looking for a sell
wehn price exit 20 line i'm looking for a buy
Attached File(s)
File Type: mq4 MT4-StochasticRSI-Oscillator.mq4   5 KB | 1,104 downloads
  • #2,965
  • May 18, 2011 6:10am May 18, 2011 6:10am
Quoting dean
is this a bounce trade?? this also looks to be setting up on the 4 hour chart. The next 4 hour candle could be an entry if it starts moving up. Looks like its broken out of consolidation on the one hour at least...so I am assuming by the tdi it could be a bounce trade??
Hi Dean - this is from my notes - sorry, don't have a post number - but from the chart that was with it the answer is 'no', Big E looks for a change of candle colour but no cross for a bounce:

This is a good Bounce Trade off of candle #1. When the last trade is seperated by a blue candle or more... it's like starting over... looking for a set up trade off the new candle #1 or #2... even a bounce trade.
You don't have to be right, just don't be too wrong
  • #2,966
  • May 18, 2011 6:13am May 18, 2011 6:13am
Quoting XxLessoxX
im with you mac on the uj....limit buy at 81.20.....both tdi and stoch are flat and exhausted...uj is at support zone
Buy stop hit we're in.
  • #2,967
  • May 18, 2011 6:16am May 18, 2011 6:16am
Quoting Marcuss
to everyone who use stoch

this is one of the best stochastic indi that i know.

enjoy!

when price exit 80 line i'm looking for a sell
wehn price exit 20 line i'm looking for a buy
Marcuss,

I've loaded the stoch that you posted.

But i can't see any difference with normal stoch...
Can you tell me what is best of this indi?
  • #2,968
  • May 18, 2011 6:20am May 18, 2011 6:20am
Quoting Android38
Marcuss,

I've loaded the stoch that you posted.

But i can't see any difference with normal stoch...
Can you tell me what is best of this indi?
There is better stochastic that stratman wrote. I use it on my charts. Show's uptrend/ downtrend and ranging.
Attached File(s)
File Type: ex4 pipware-stochastics.ex4   5 KB | 1,152 downloads
  • #2,969
  • May 18, 2011 6:20am May 18, 2011 6:20am
Quoting mackaozy
There is no set up as per this thread or method. Your lucky Big E isn't back on here yet lol.
Ditto your UJ trade!
You don't have to be right, just don't be too wrong
  • #2,970
  • May 18, 2011 6:24am May 18, 2011 6:24am
Quoting El Dee
Ditto your UJ trade!
Hi, me too, what sort of sl do you chaps use on the 1 hour , set mine at 20 pts at the last swing low
  • #2,971
  • May 18, 2011 6:27am May 18, 2011 6:27am
Quoting stricky1967
Hi, me too, what sort of sl do you chaps use on the 1 hour , set mine at 20 pts at the last swing low
I have mine at 80.945. TP at 81.800
  • #2,972
  • May 18, 2011 6:27am May 18, 2011 6:27am
Quoting stricky1967
Hi, me too, what sort of sl do you chaps use on the 1 hour , set mine at 20 pts at the last swing low
My apologies - I'm missing something - could someone post a chart showing the valid TMS setup for this trade?
You don't have to be right, just don't be too wrong
  • #2,973
  • May 18, 2011 6:30am May 18, 2011 6:30am
I'm in UJ too.

I notice I miss a lot of setups by sleeping. I am going to have to start getting up 2am to trade London's open. I see that most of the setups worked out.
  • #2,974
  • May 18, 2011 6:32am May 18, 2011 6:32am
Quoting El Dee
My apologies - I'm missing something - could someone post a chart showing the valid TMS setup for this trade?
Valid entry attached. I'm +99pips for the day
Attached Image (click to enlarge)
Click to Enlarge Name: today.png Size: 107 KB
  • #2,975
  • May 18, 2011 6:33am May 18, 2011 6:33am
Quoting El Dee
My apologies - I'm missing something - could someone post a chart showing the valid TMS setup for this trade?
chart
Attached Image (click to enlarge)
Click to Enlarge Name: uj.jpg Size: 158 KB
  • #2,976
  • May 18, 2011 6:33am May 18, 2011 6:33am
Quoting Android38
Marcuss,

I've loaded the stoch that you posted.

But i can't see any difference with normal stoch...
Can you tell me what is best of this indi?
Look where stoch exit 80/20 area to see the diference.

This will give you a very fast and early signal.
  • #2,977
  • May 18, 2011 6:44am May 18, 2011 6:44am
Quoting mackaozy
I have mine at 80.945. TP at 81.800
I am in too I have my SL at 80.96, no TP. How did you come up with that TP...pretty big!!!
  • #2,978
  • May 18, 2011 6:44am May 18, 2011 6:44am
Quoting dazzdude
something to look for
yeah I shouldn't have taken the trade i was kinda tired when I did. Doesn't confirm with daily trend either.

But locked in 70 pips on GU. Pretty good morning I'd say.

I need to get myself to start trading the london session every day. I seem to always miss it, considering it's the best session
  • #2,979
  • May 18, 2011 6:48am May 18, 2011 6:48am
Quoting dean
I am in too I have my SL at 80.96, no TP. How did you come up with that TP...pretty big!!!
lol yep. Well it's the 38% fib on my daily chart. It's about 70 pips. This pair seems to be swinging in 40-70 pip range for the last few days. However I will still use the thread rules to exit.
  • #2,980
  • May 18, 2011 6:51am May 18, 2011 6:51am
Quoting mackaozy
Valid entry attached. I'm +99pips for the day
Well done - I'm pleased for you - but your entry is from a refreshed chart, not as per rules which are for entry at the beginning of the hour.

There was a long discussion earlier in the thread about refreshing the TDI which will always update to the latest OHLC data then hold till the next refresh or bar.

Thus, a refreshed chart like yours will appear to support an entry whereas the unrefreshed version, see below, does not. (Please ignore any other indicators on the chart - it's not mine) - mine is refreshed like yours and appears to show a valid entry

Out of respect to Big E, while he's not here to moderate, I think we should only post valid trades for discussion and not introduce our personal experience to other entry / exit methods that may be confused by newbies as breaking the rules
Attached Image
You don't have to be right, just don't be too wrong
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