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  • #5,581
  • Jun 16, 2011 11:42am Jun 16, 2011 11:42am
Ok more than one hour to go for the next candle. Hope to make another nice trade.
  • #5,582
  • Jun 16, 2011 11:54am Jun 16, 2011 11:54am
Took the eu/gb 0.8871 SL-0.8830 Tp-0.8899
My first trade with this strat. We will see.

Good day
  • #5,583
  • Jun 16, 2011 11:55am Jun 16, 2011 11:55am
5 min. left to H4 candle to close.if it close above EMA +TDI still crossing up I will long it(E/U). I know that it is against the trend but hopefully it will reach to 38% fib. ret. @4235
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  • #5,584
  • Jun 16, 2011 12:01pm Jun 16, 2011 12:01pm
Quoting alkenany
5 min. left to H4 candle to close.if it close above EMA +TDI still crossing up I will long it(E/U). I know that it is against the trend but hopefully it will reach to 38% fib. ret. @4235
entered long 4164
  • #5,585
  • Jun 16, 2011 12:07pm Jun 16, 2011 12:07pm
Quoting alkenany
5 min. left to H4 candle to close.if it close above EMA +TDI still crossing up I will long it(E/U). I know that it is against the trend but hopefully it will reach to 38% fib. ret. @4235
Your lucky i still have 3 hours until my candle closes and i can go long
  • #5,586
  • Jun 16, 2011 12:18pm Jun 16, 2011 12:18pm
Quoting bez3000
Your lucky i still have 3 hours until my candle closes and i can go long
Not on the alpari uk feed right? just 40 minutes to go.
  • #5,587
  • Jun 16, 2011 12:34pm Jun 16, 2011 12:34pm
Quoting bez3000
Your lucky i still have 3 hours until my candle closes and i can go long


Quoting bez3000
Your lucky i still have 3 hours until my candle closes and i can go long
one of all MT4 should be the best, but I think it is the one match GMT or closer to it.
  • #5,588
  • Jun 16, 2011 12:39pm Jun 16, 2011 12:39pm
Does the candle have to go above the yellow line (for long) before you can take the trade? Or does it have to close above the yellow line and you take the trade on the open of the new candle?

[quote=dean;4698390]
Quoting arasheed
This isnt a mistake. This is a trade you took because of other analysis. It has absolutely nothing to do with this method and the entry is probably as far as you can get from it. Have a look at the chart you posted:
The tdi is flat not at 4-6 o clock
the stoch is flat
the tdi AND the stoch are in massively oversold territory and you went short
and lastly you are about 8 candles to late for entry under the rules of this method....NO LATER than the second candle to enter.
So anybody looking at that chart that may be new and...
  • #5,589
  • Jun 16, 2011 12:41pm Jun 16, 2011 12:41pm
Quoting alkenany
5 min. left to H4 candle to close.if it close above EMA +TDI still crossing up I will long it(E/U). I know that it is against the trend but hopefully it will reach to 38% fib. ret. @4235
Still learning the strategy but isn't that a weak TDI cross?
  • #5,590
  • Jun 16, 2011 12:48pm Jun 16, 2011 12:48pm
Quoting Thierry
Not on the alpari uk feed right? just 40 minutes to go.
Yes sorry my live account is Alpari UK but i have been using FXCM demo account to demo this strategy.
  • #5,591
  • Jun 16, 2011 12:54pm Jun 16, 2011 12:54pm
Quoting alkenany
entered long 4164
Entering a buy below the 32 when the sky is falling is probably not a very good idea.
The Only Constant Is Change!
  • #5,592
  • Jun 16, 2011 1:12pm Jun 16, 2011 1:12pm
Quoting Alianzer
Took the eu/gb 0.8871 SL-0.8830 Tp-0.8899
My first trade with this strat. We will see.

Good day

smaler candels on 1h move has no momentum tdi flat ... moved to BE
  • #5,593
  • Jun 16, 2011 1:29pm Jun 16, 2011 1:29pm
Quoting JazzmanQ2
Entering a buy below the 32 when the sky is falling is probably not a very good idea.
thnx Jazzman for this notice. my question is it one of entry limitations of the method?
  • #5,594
  • Jun 16, 2011 1:50pm Jun 16, 2011 1:50pm
Quoting alkenany
thnx Jazzman for this notice. my question is it one of entry limitations of the method?
Actually no. Below the 32 is "oversold" and above the 68 is "overbought".

Eric has said he takes trades in this area.

The actual concern is the strength of the drop on the "three amigos"... Has the bears run out of berries and picnic baskets, and it's time to go back up, or is it just taking a breather before dropping further?
  • #5,595
  • Jun 16, 2011 2:34pm Jun 16, 2011 2:34pm
Quoting bigtent
Actually no. Below the 32 is "oversold" and above the 68 is "overbought".

Eric has said he takes trades in this area.

The actual concern is the strength of the drop on the "three amigos"... Has the bears run out of berries and picnic baskets, and it's time to go back up, or is it just taking a breather before dropping further?
bigtent, I am very grateful for ur comment. I think I did not coverd all the thread,cause Idid not know about the "three amigos" . would not bother u to explain it, but if u could refer me to it i will be grateful again.
best regards
  • #5,596
  • Jun 16, 2011 2:37pm Jun 16, 2011 2:37pm
Quoting alkenany
bigtent, I am very grateful for ur comment. I think I did not coverd all the thread,cause Idid not know about the "three amigos" . would not bother u to explain it, but if u could refer me to it i will be grateful again.
best regards
Big E calls the EU, GU and AU the "three amigos" because they often go the same way.
  • #5,597
  • Jun 16, 2011 2:54pm Jun 16, 2011 2:54pm
Quoting bigtent
Big E calls the EU, GU and AU the "three amigos" because they often go the same way.
Thank u very much bigten, ur comments were big help to me , it make sence.
my best regards
  • #5,598
  • Jun 16, 2011 3:02pm Jun 16, 2011 3:02pm
Quoting alkenany
Thank u very much bigten, ur comments were big help to me , it make sence.
my best regards
by the way, I am not happy with other two amigos performance so far....
  • #5,599
  • Jun 16, 2011 3:22pm Jun 16, 2011 3:22pm
Quoting alkenany
by the way, I am not happy with other two amigos performance so far....
Only on the EU this time.... testing out a trailing EA I knocked up for this method.
  • #5,600
  • Jun 16, 2011 3:28pm Jun 16, 2011 3:28pm
Quoting bez3000
Your lucky i still have 3 hours until my candle closes and i can go long
bez3000, I apologize u were right , I used different setting for SMA 5 (yellow MA) that made the difference in candle close above or beloe the 5SMA. nothing wrong with ur chart.I went back to original settings.
my apology for all.
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