Kevinator 5m retracement-Live trading | Page 25 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Dukascopy Live Account - Don't Post if you haven't traded live with them! 117 replies

My Live Trades on my Live Account 588 replies

go live or bust ... diary of an fx live-trader-wannabe 1,621 replies

Trade 2 live accounts - one with full balance, 2nd as a live test? 0 replies

Oanda 10$ live acc quick-start guide (for newbie to trade live safe) 13 replies

Attachments: Kevinator 5m retracement-Live trading
Exit Attachments

Kevinator 5m retracement-Live trading

  • #481
  • Jun 13, 2011 8:44pm Jun 13, 2011 8:44pm
hello mates!!

thanks kevinator for this thead

i have been trading like like this like 3 years now with great results.

what session do you usually trade kev? cos i trade uk and ny but that is really hard for me cos i like in america, i will start trading asia and ny, lets see what happen.

have a good one all!
Attached Image
passion and discipline
  • #482
  • Jun 13, 2011 8:53pm Jun 13, 2011 8:53pm
Uk and us but sometimes eurjpy,audusd,or gbpjpy during asian.System yield best results during uk and us session though as there is plenty of momentum to drive the trades.
  • #483
  • Jun 13, 2011 8:58pm Jun 13, 2011 8:58pm
thanks kev!!
passion and discipline
  • #484
  • Jun 13, 2011 9:06pm Jun 13, 2011 9:06pm
Long baby
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aj.gif Size: 26 KB
Click to Enlarge Name: au.gif Size: 26 KB
  • #485
  • Jun 13, 2011 9:07pm Jun 13, 2011 9:07pm
long on these also


closed 2/3 and have runners on all
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ej.gif Size: 27 KB
Click to Enlarge Name: eu.gif Size: 26 KB
  • #486
  • Jun 13, 2011 9:08pm Jun 13, 2011 9:08pm
I seeing EUR or AUD probably will make a good setup right now, am i right?
  • #487
  • Jun 13, 2011 9:09pm Jun 13, 2011 9:09pm
If your seriously on a mission to get all the money you can in the least amount of time...

You will be trading a 12 hour shift from 12 a.m. est to 12 p.m. est.During those hours you will get the most value for your reward v.s time ratio.

You should have no problem coming out way ahead at the end of the week.There will be bigger moves and more opportunities.
  • #488
  • Jun 13, 2011 9:10pm Jun 13, 2011 9:10pm
Quoting Desginer
I seeing EUR or AUD probably will make a good setup right now, am i right?
Kind of overbought so we wait 20 to 40 minutes for the trades to reset.
  • #489
  • Jun 13, 2011 9:13pm Jun 13, 2011 9:13pm
Hi Kevin, been taking a number of successful trades using your method, but I have a question for you that I do struggle with.

If RF signals a buy when Stochs are in a step down phase and price is at or under the channel and heading north, would you enter the trade and disregard the stoch?

The example below of the Ozzie over the last half hour causes me to ask such questions:

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 23 KB


pete
  • #490
  • Jun 13, 2011 9:15pm Jun 13, 2011 9:15pm
Quoting kevinator
If your seriously on a mission to get all the money you can in the least amount of time...

You will be trading a 12 hour shift from 12 a.m. est to 12 p.m. est.During those hours you will get the most value for your reward v.s time ratio.

You should have no problem coming out way ahead at the end of the week.There will be bigger moves and more opportunities.
Nah asia just has nice smooth moves fixing to head to sleep. Thanks for the system.
  • #491
  • Jun 13, 2011 9:25pm Jun 13, 2011 9:25pm
China news sent dow and sp futures up this should help the AU and AJ runners.
  • #492
  • Jun 13, 2011 10:22pm Jun 13, 2011 10:22pm
Quoting pedross
Hi Kevin, been taking a number of successful trades using your method, but I have a question for you that I do struggle with.

If RF signals a buy when Stochs are in a step down phase and price is at or under the channel and heading north, would you enter the trade and disregard the stoch?

The example below of the Ozzie over the last half hour causes me to ask such questions:

Attachment

pete
No..It is not as simple as just buying over sold tma and selling overbought tma.

If you scroll back in your charts a few days you will notice instances were there are huge drops that keep going and going for 100+ points.

You do not want to get caught in that spot because the market drops fast and without warning.

It is like the market is teasing you with those kind of situations and the first time you drop your disciplined approach the very next bar will drop double what it just gained.

Have you ever noticed a market creeping up slowly for hours, then in a matter of two bars it drops triple what it took four hours to build up to?

You do not want to get caught in that situation.If you follow the system you will have turned down those trades like the one in your screen shot but....will have gained the large bars that destroyed what took hours to build.

So stay sharp and do not fall for everything that they throw at you.

Take the bait and get burned.You see how if you had bought at the oversold tma market would have reversed on you?
Attached Image (click to enlarge)
Click to Enlarge Name: 16.gif Size: 46 KB
  • #493
  • Jun 13, 2011 11:13pm Jun 13, 2011 11:13pm
[quote=kevinator;4688321]No..It is not as simple as just buying over sold tma and selling overbought tma.

If you scroll back in your charts a few days you will notice instances were there are huge drops that keep going and going for 100+ points.

You do not want to get caught in that spot because the market drops fast and without warning.

It is like the market is teasing you with those kind of situations and the first time you drop your disciplined approach the very next bar will drop double what it just gained...

Thanks Kevin

Even though I was using TMA and RF and saw an opportunity to take a trade, I didn't take it as I have been successfully trading the hard rules for quite a number of trades eg. the swissy earlier as you can see below. Your response has made it quite clear to me that I was questioning being unnecessarily opportunistic when there are heaps of trades around the corner!

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 38 KB


Pete
  • #494
  • Edited Jun 14, 2011 12:21am Jun 13, 2011 11:51pm | Edited Jun 14, 2011 12:21am
Quoting kevinator
Hello

Yes I would have taken the long position.According to your indicators the 4hr and 60M mtf stoch are in agreement.

In this case I would let price action run its course and push higher highs.If you are trading in consolidation for some time then there is a breakout making higher highs it is our first instinct to try to pick a high for reversal.

You should follow the trend and react to what the market is actually doing at the moment.If you have the 4hr and 60 in agreement you will usually get a strong push to the top or bottom.

There will...
Thanks for the reply Kevin and pretty much the answer i expected ... when the two are inline I take them as well.

Thanks again.
  • #495
  • Jun 14, 2011 1:25am Jun 14, 2011 1:25am
short on eur.. first trade of the day
Attached Image (click to enlarge)
Click to Enlarge Name: 200.gif Size: 46 KB
  • #496
  • Jun 14, 2011 1:33am Jun 14, 2011 1:33am
Quoting P.Dean
short on eur.. first trade of the day
hi dean,

it was also my first trade both for today and with this system. closed for +15,5 at the touch of the lower band. let's see what else the day will bring...
Attached Image (click to enlarge)
Click to Enlarge Name: 1sttrade.png Size: 36 KB
  • #497
  • Jun 14, 2011 1:37am Jun 14, 2011 1:37am
Quoting isengoz
hi dean,

it was also my first trade both for today and with this system. closed for +15,5 at the touch of the lower band. let's see what else the day will bring...
good preserve brother...
I'm still in it looking for the retest of LL to see it breaks through.. sometimes i do that... but you did the right thing to run with the money..
  • #498
  • Jun 14, 2011 2:07am Jun 14, 2011 2:07am
Quoting P.Dean
good preserve brother...
I'm still in it looking for the retest of LL to see it breaks through.. sometimes i do that... but you did the right thing to run with the money..
p.dean,
I think getting out was the correct decision. did you get stopped out?
  • #499
  • Jun 14, 2011 2:08am Jun 14, 2011 2:08am
Quoting P.Dean
short on eur.. first trade of the day
-13 on this one.. greed got me, spanked hard..


did anyone take the E/J long signal.. I missed..
  • #500
  • Jun 14, 2011 2:12am Jun 14, 2011 2:12am
Quoting P.Dean
-13 on this one.. greed got me, spanked hard..


did anyone take the E/J long signal.. I missed..
I was in the ej, eu, eg, &ec and pushed my SL up cause i was not gettting much momentum and was taken out about 1 minute before they all took off for about 20+. Oh well, I ended up with a few pips in each.
A woman drove me to drink, and I forgot to thank her
3 traders viewing now