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Kevinator 5m retracement-Live trading

  • #281
  • Jun 10, 2011 9:44am Jun 10, 2011 9:44am
Quoting ohammond
No, its not repainting, if its based on the hourly trend then how is it going to be fixed halfway through the current hour?
I'm asking for any suggestion what I (we) can use instead of 1h Stoch. I know that you can't fix it halfway This is a chalange ( or problem?) for me - what to use that is in place and don't move after 5' candle closed and show me (us) the same - trend up or down at that moment. NonLagMA 89 maybe?
I just want to be on the safe side as much as possible. Regarding to Starlimit he also want the same...
  • #282
  • Jun 10, 2011 9:51am Jun 10, 2011 9:51am
Quoting kester
Another profitable trad. Now at +65 pips

Thanks to Kelvin


Still riding the direction.
Hope to get to 100 pips

Getting close to my 100pips take profit

Here is the final result.
Ones again a big thank you to kelvinator for sharing the system
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  • #283
  • Jun 10, 2011 9:51am Jun 10, 2011 9:51am
Quoting frida
I'm asking for any suggestion what I (we) can use instead of 1h Stoch. I know that you can't fix it halfway This is a chalange ( or problem?) for me - what to use that is in place and don't move after 5' candle closed and show me (us) the same - trend up or down at that moment. NonLagMA 89 maybe?
Sorry I'm not much help I love the system as it is so my motto always is if it ain't broke, don't fix it You can't just take into account a moving stoch, there are various other things to take into account as well, and taken as a whole its a great system.
  • #284
  • Jun 10, 2011 9:56am Jun 10, 2011 9:56am
Quoting frida
I'm asking for any suggestion what I (we) can use instead of 1h Stoch. I know that you can't fix it halfway This is a chalange ( or problem?) for me - what to use that is in place and don't move after 5' candle closed and show me (us) the same - trend up or down at that moment. NonLagMA 89 maybe?
I just want to be on the safe side as much as possible. Regarding to Starlimit he also want the same...
If you want to be in the "safest" trades take a look at the MOM trades link I posted they are excellent. Its exactly what Kester posted #279 previous stoch trend down, price goes back up to the outer bands then comes back down and signals.
  • #285
  • Jun 10, 2011 10:00am Jun 10, 2011 10:00am
Quoting kester
Here is the final result.
Ones again a big thank you to kelvinator for sharing the system
  • #286
  • Jun 10, 2011 10:03am Jun 10, 2011 10:03am
This is a MOM trade.

Mtf stoch is stepping down or up (down in this case).

Notice within the TMA band price is going in the direction of the mtf stoch.

Price then pulls back to the top of TMA band (Pullback)...but...mtf stoch still says market stepping down.

After price hits the top of the TMA when market is stepping down the result is a release of market energy with enough MOMentum to take price through the bottom or top of opposite band in the direction of mtf stoch.

This is the best trade setup of the system.Although you will have to wait for this setup to occur and only happens a few times a day.This type of trade will yield the most profit of 20 to 150 pips.

In this type of trade you catch those huge news bars of 70pips,90pips when the energy is released.
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  • #287
  • Jun 10, 2011 10:10am Jun 10, 2011 10:10am
Quoting kevinator
This is a MOM trade.

Mtf stoch is stepping down or up (down in this case).

Notice within the TMA band price is going in the direction of the mtf stoch.

Price then pulls back to the top of TMA band (Pullback)...but...mtf stoch still says market stepping down.

After price hits the top of the TMA when market is stepping down the result is a release of market energy with enough MOMentum to take price through the bottom or top of opposite band in the direction of mtf stoch.

This is the best trade setup of the system.Although you will have...
How are you able to enter trade on the Magenta Bar?
With God all things are possible.
  • #288
  • Jun 10, 2011 10:13am Jun 10, 2011 10:13am
There is a fixed version of the indicator in this thread.
  • #289
  • Jun 10, 2011 10:24am Jun 10, 2011 10:24am
Quoting frida
I'm asking for any suggestion what I (we) can use instead of 1h Stoch. I know that you can't fix it halfway This is a chalange ( or problem?) for me - what to use that is in place and don't move after 5' candle closed and show me (us) the same - trend up or down at that moment. NonLagMA 89 maybe?
I just want to be on the safe side as much as possible. Regarding to Starlimit he also want the same...
My friend..

if you try to fix the repaint of the 1hr stoach, you will not get the early entry, which is the corner stone of this system...
if you replace the 1hr stoach.. i will assure, you will end up with -200 a day instead of +200 a day.. 1hr stoach filters a lot of premature signals.. just enough and if one tries to flirt with it and filter more, than it means missing a lot of good early opportunities or entry in the later stage of the swing/run which would damage the hit ratio..

I recommend to go with whats been laid out already... get in for more valid trades relentlecly and manage your trade after trigger.. if it runs in your direction try to keep it and bank at first real threat against your position and quickly move on to the next trade.. it could be +10 +20 +25 maybe sometimes +40 + ... scan scan scan..

keep it simple.. you hear the alert sound.. check the chart.. than check the 1hr stoach... if its stepping in the direction of the signal.. bammmmmmm set the order and go for it.

I hope it helps.


ps) Kevin if i am out of line let me know brother..
  • #290
  • Jun 10, 2011 10:27am Jun 10, 2011 10:27am
eurusd short entry, short exit 2/4, short exit 1/4
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  • #291
  • Jun 10, 2011 10:33am Jun 10, 2011 10:33am
Hard rules of the system with no variations on this trade.Mtf stoch stepping up with long rf bar.Enter trade and exit with about 12 pips.
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  • #292
  • Jun 10, 2011 10:36am Jun 10, 2011 10:36am
MOM trade setup as mtf stoch stepping down.Notice price started down then returned to top of TMA band then straight momentum to the bottom.45+on this one.
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  • #293
  • Jun 10, 2011 10:39am Jun 10, 2011 10:39am
Overbought TMA with my slight variation so I took the trade.Mtf stoch stepping down and multiple entry points.40+ profit closed.
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  • #294
  • Jun 10, 2011 10:44am Jun 10, 2011 10:44am
I held the trade looking for more profit.

Price pulled back then market energy release.

Who can spot the mom trade on this chart?

You got it ...mtf stoch was in short mode then price pulled back to top of TMA and release of energy yielding a bar to the bottom.

This is the same setup as a news trade.You will see price pull back then release.
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  • #295
  • Jun 10, 2011 10:44am Jun 10, 2011 10:44am
Like this?

Kev can you also post some failed setups. You learn more from mistakes in my exp. Thanks for the thread btw.
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  • #296
  • Jun 10, 2011 10:59am Jun 10, 2011 10:59am
I have been in and out this morning and missed so many trade setups but managed to grab a few.

Good work everyone,

We are evolving and everyone is going from slow speed to profit making at record speed.I want everyone to move forward and take control of the market.Don't let it control you with fear and indecision.

You will overcome fear and indecision with confidence which will only come with experience.You will say to yourself I have seen this trade setup and already know the outcome.The only way you will know the outcome is if you are present for each and every trade setup that the market will give us.

Stay sharp and keep scanning.Navigate the terrain and make the maximum profit for the time you spend at the computer.Production, production, production........
  • #297
  • Jun 10, 2011 11:05am Jun 10, 2011 11:05am
Kevinator just to be clear it seems your entering as the magenta Retracement Bar is been formed, not on its completion at the start of the next M5 candle?
  • #298
  • Jun 10, 2011 11:08am Jun 10, 2011 11:08am
Quoting wickedwin
Like this?

Kev can you also post some failed setups. You learn more from mistakes in my exp. Thanks for the thread btw.
No I cannot......this is a positive work environment and failure does not live hear just minor errors which will be corrected on the next setup.

Words like "I cant and it wont" do not live hear.

Words like "succeed" and "you can" and "you won again live here".

Enter on 1st rf bar and forget the alert.You are the alert. If trade goes against you exit at 0 and look for another setup.There are so many setups during peak hours you have no choice but to be successful.

Like tennis you don't have to win every match to win the set.
  • #299
  • Jun 10, 2011 11:16am Jun 10, 2011 11:16am
Quoting spacePip
Kevinator just to be clear it seems your entering as the magenta Retracement Bar is been formed, not on its completion at the start of the next M5 candle?
Thats right....

I am glad you cleared that up.I do not trade on the close of the bar.That is a lated entry.I dont use the alert either.If you want to be successful you must take this stuff seriously and scan the market and begin to anticipate trades.

At the most you will get all the profit you want in a day.At the least a lot of real world trading experience.You will learn to really get engaged and trade on another level.

As far as I am concerned everyone tradiing on this thread will eventually be in the top 5% that will survive year after year.
  • #300
  • Jun 10, 2011 11:27am Jun 10, 2011 11:27am
Quoting wickedwin
Like this?

Kev can you also post some failed setups. You learn more from mistakes in my exp. Thanks for the thread btw.
Not every trade is going to win but as long as the positive outweigh the negative thats all you need to worry about. Like Kevinator has said though, don't sit and pick and choose trades too much, if 3 currencies signal at the same time go in on all of them if possible, because you can bet your life if you only go in on one that will be the one that goes nowhere and the other 2 storm into profit.
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