Kevinator 5m retracement-Live trading | Page 35 | 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

  • #681
  • Jun 15, 2011 12:49am Jun 15, 2011 12:49am
Eurjpy MOM trade
Attached Image (click to enlarge)
Click to Enlarge Name: 72.gif Size: 47 KB
  • #682
  • Jun 15, 2011 12:53am Jun 15, 2011 12:53am
MOM trade gbpusd

240 stoch in the red as price hits top of TMA now energy release to the bottom.
Attached Image (click to enlarge)
Click to Enlarge Name: 73.gif Size: 49 KB
  • #683
  • Jun 15, 2011 12:54am Jun 15, 2011 12:54am
Quoting kevinator
eurusd MOM trade entry points notice 240 stoch stepping down in the red.

So I sell at the top of TMA band

Multiple entries.

Kevinator,

One question please: your arrow on EU showing sell at the top of TMA, but in your Retracement finder down bar comes after it ..... am I missing something or ..... ?

Could you please explaine.

Thank you.
  • #684
  • Jun 15, 2011 1:00am Jun 15, 2011 1:00am
I took the trade early.

Correct method is to wait for the retracement finder to give you entry.

If you are trading the live account wait for the retracement finder.

I know what it is going to do but sometimes it gives higher highs so wait until you get the rf bar going down.
  • #685
  • Jun 15, 2011 1:05am Jun 15, 2011 1:05am
Few hours sleep I will check back in later.
  • #686
  • Jun 15, 2011 1:06am Jun 15, 2011 1:06am
Quoting kevinator
I took the trade early.

Correct method is to wait for the retracement finder to give you entry.

If you are trading the live account wait for the retracement finder.

I know what it is going to do but sometimes it gives higher highs so wait until you get the rf bar going down.


In this last short trade in EU, retracement bar came when price touched middle line of TMA .... this is already late to wait for the signal. Is that correct?
  • #687
  • Jun 15, 2011 1:17am Jun 15, 2011 1:17am
eurjpy done
Attached Image (click to enlarge)
Click to Enlarge Name: 60.gif Size: 49 KB
  • #688
  • Jun 15, 2011 1:17am Jun 15, 2011 1:17am
eurusd done
Attached Image (click to enlarge)
Click to Enlarge Name: 61.gif Size: 49 KB
  • #689
  • Jun 15, 2011 1:18am Jun 15, 2011 1:18am
gbpusd done
Attached Image (click to enlarge)
Click to Enlarge Name: 62.gif Size: 51 KB
  • #690
  • Jun 15, 2011 1:19am Jun 15, 2011 1:19am
Quoting kevinator
eurjpy done

nice...but if you look at 1h stoc (instead of 4h) step was up...
  • #691
  • Jun 15, 2011 1:22am Jun 15, 2011 1:22am
Hi everyone.. a bit of a late start for me here..

my first trade of the day on sort of a mom trade short on G/U.. lets see what happens.. looking for lower band crush baby..lol
Attached Image (click to enlarge)
Click to Enlarge Name: 209.gif Size: 49 KB
  • #692
  • Jun 15, 2011 1:23am Jun 15, 2011 1:23am
Aud usd bonus trade taken before the 240 turned green .

Light drawdown

alert************

Now that the 240 stoch has changed to buy if you buy and hold at the bottom of the tma band you will have picked the absolute lowest bottom of the 4 hr trend which will peak in a few hours
Attached Image (click to enlarge)
Click to Enlarge Name: 64.gif Size: 49 KB
  • #693
  • Jun 15, 2011 1:25am Jun 15, 2011 1:25am
We use the 1hr stoch for quick 10 quick 20 within the trend.

We use the 240 stoch for long MOM entries.

And that my friends is why I am in charge of this thread. What just happened!!??
  • #694
  • Jun 15, 2011 1:27am Jun 15, 2011 1:27am
Quoting kevinator
We use the 1hr stoch for quick 10 quick 20 within the trend.

We use the 240 stoch for long MOM entries.

And that my friends is why I am in charge of this thread.
ok...
so when 4h and 1h are in conflict you take 4h ?
that develop as a good one...but it could easily get worse...of course if God loves you and with a good pray you can enter any trade
  • #695
  • Jun 15, 2011 1:28am Jun 15, 2011 1:28am
Quoting kevinator
gbpusd done
Hi Kevinator

How much do you rely on your auto trendline indie , in making these decisions to sell , when it crosses them or not really much at all??

I know this was an obvious example of sell but I am talking of more complicated trades ie ranging or consolidation

Thanks
Great system thanks
  • #696
  • Jun 15, 2011 1:29am Jun 15, 2011 1:29am
Quoting P.Dean
Hi everyone.. a bit of a late start for me here..

my first trade of the day on sort of a mom trade short on G/U.. lets see what happens.. looking for lower band crush baby..lol

nice start right of the gate...


ps) update... my sl at breakeven... and letting this baby ride for now since now the 1hr stoch is inline as well.... its a RFT one baby (risk free trade)..
Attached Image (click to enlarge)
Click to Enlarge Name: 210.gif Size: 48 KB
  • #697
  • Jun 15, 2011 1:32am Jun 15, 2011 1:32am
Quoting bradu
ok...
so when 4h and 1h are in conflict you take 4h ?
that develop as a good one...but it could easily get worse...of course if God loves you and with a good pray you can enter any trade
Jesus loves us all my friend..it is already done.He deserves the thanks so everyone all at one time T.h.a.n.k you jesus.
  • #698
  • Jun 15, 2011 1:32am Jun 15, 2011 1:32am
Hi

What a wake up call for me.

I missed all the MOM trades, while reading and thinking, but
now I understand what you saying.

So next is to catch them myself.

But this was a great excersice for me, when you put in this charts

Great work

thanks

I will be ready next time

Peter
  • #699
  • Jun 15, 2011 1:37am Jun 15, 2011 1:37am
hi all,

the entry point of my first trade on e/u is the same as kevin (#681). so I didn't send any charts. a couple of minutes ago, I closed it for +30 pips. a good beginning for the day.

good luck
Attached Image (click to enlarge)
Click to Enlarge Name: 15.06_eu_1st.png Size: 35 KB
  • #700
  • Jun 15, 2011 1:37am Jun 15, 2011 1:37am
Quoting P.Dean
nice start right of the gate...
Yeah good run dean....

You get it now.You have to wait until the setups present themselves.

MOM trades on the 240 are our daily pips.Thats how we grow our account.

Then once we are full we make extra money scalping the 60M setups like we learned last week.

This week let us concentrate on the 240 chart only.

We concentrated on the 60 last week.

Next week we do the 60/240 then we are done.
3 traders viewing now