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Kevinator 5m retracement-Live trading

  • #1,741
  • Jun 22, 2011 11:58pm Jun 22, 2011 11:58pm
Quoting P.Dean
good morning everyone..

Live on e/j...
Morning P.Dean,

Can you tell me why you have the 30 stoch on your chart, have you changed to this permanent or is it something you are trying out?

Thanks
  • #1,742
  • Jun 23, 2011 12:10am Jun 23, 2011 12:10am
Quoting Trade-Man
Morning P.Dean,

Can you tell me why you have the 30 stoch on your chart, have you changed to this permanent or is it something you are trying out?

Thanks
permanent.. it produces better to get in earlier and not miss opportunities overall especially if market is directionless..

that's just me.. you guys do whats right for you.
  • #1,743
  • Jun 23, 2011 12:16am Jun 23, 2011 12:16am
Quoting P.Dean
good morning everyone..

Live on e/j...
this bastard U turned really quick on me before hitting the band under +10 profit due to London open and it was on it's way to hit the sl.. but survived that by a hair as you see.. than I did not hesitate to get the hell out of it when got close to my entry.. so out for -2..
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  • #1,744
  • Jun 23, 2011 12:16am Jun 23, 2011 12:16am
Quoting P.Dean
permanent.. it produces better to get in earlier and not miss opportunities overall especially if market is directionless..

that's just me.. you guys do whats right for you.
Hi Dean,

Do you think if I set to 15M it will be faster and gets in earlier?

Thanks
Harry
  • #1,745
  • Jun 23, 2011 12:18am Jun 23, 2011 12:18am
Quoting P.Dean
good morning everyone..

Live on e/j...
Hi P.Dean,

in the last days i read kevinator system,
not cleaar to me about SL and TP,
can you please clarified me for the same?
Sorry for my bad english.
Best Regards,
Antonio
  • #1,746
  • Jun 23, 2011 12:20am Jun 23, 2011 12:20am
Quoting Harry123
Hi Dean,

Do you think if I set to 15M it will be faster and gets in earlier?

Thanks
Harry
it sure will... but it might be too premature..


ok.. this is what i recommend guys.. but it requires some discretion and trader savageness..
when you see the market in range sort of movements like it has been this week.. set this at 30m.. so you can ping pong and get in more timelier.. and when market is trending go back to 60m..

it's just a recommendation.. 30m might just work better at all times..
  • #1,747
  • Jun 23, 2011 12:24am Jun 23, 2011 12:24am
Quoting discomania
Hi P.Dean,

in the last days i read kevinator system,
not cleaar to me about SL and TP,
can you please clarified me for the same?
Sorry for my bad english.
Best Regards,
Antonio
Hi Antonio,
your English is fine my man..

there is no set rules for sl or tp nor MM..

but what you can do is to set your sl based on last H/L L/H's and your tp would be PA reaching the band... you can use your skill and give it a extra hold when it does touch the band to see if you get a strong break through off the band and may hold for some extra pips and possibly catching a runner..
  • #1,748
  • Jun 23, 2011 12:31am Jun 23, 2011 12:31am
Quoting P.Dean
Hi Antonio,
your English is fine my man..

there is no set rules for sl or tp nor MM..

but what you can do is to set your sl based on last H/L L/H's and your tp would be PA reaching the band... you can use your skill and give it a extra hold when it does touch the band to see if you get a strong break through off the band and may hold for some extra pips and possibly catching a runner..
Hi P.Dean,
thanks for your fast reply.
Best Regards,
Antonio
  • #1,749
  • Jun 23, 2011 12:33am Jun 23, 2011 12:33am
Quoting P.Dean
it sure will... but it might be too premature..


ok.. this is what i recommend guys.. but it requires some discretion and trader savageness..
when you see the market in range sort of movements like it has been this week.. set this at 30m.. so you can ping pong and get in more timelier.. and when market is trending go back to 60m..

it's just a recommendation.. 30m might just work better at all times..
Hi Dean,
Thanks for your opinion.

Harry
  • #1,750
  • Jun 23, 2011 12:45am Jun 23, 2011 12:45am
you guys noticed my e/j exit..
i will explain you might find it useful..
two things were done on that trade which only and only relates to traders ability and skill which comes with experience, mental control and it is vital to one's success in market trading..
1) I did not quickly fold or panic when trade went against me so rapidly.. I let it settle out of the quick burst and sure risked getting the sl hit..(but since its within my range of my comfort risk, its ok)
2) did not get greedy and closed it for minimal loss once PA presented the opportunity.
not hoping or gettinggreedy to say, ok, now it will burst up to the upper band, let's wait to make profit out of it... now why? bcz i know my trading style.. our trading style is base on momentum release.. if don't pan out to that its time to look for the best way to get out for lesser loss..
PA and chart most times talks to us..
however there is a thin line between not making a panicy, premature exit and not waiting too long to exit.. and it comes with experience and many many trades executions under one's belt..

this is called my friends... being in control of situation and not the other way.
we got no set MM here... but this kinds of Live trades could show you different looks and forms in order to help you make your arsenal of trading better, i hope.


now... try to EA that.. lol


Dean
  • #1,751
  • Jun 23, 2011 12:52am Jun 23, 2011 12:52am
Quoting P.Dean
you guys noticed my e/j exit..
i will explain you might find it useful..
t

Dean
Thanks Dean,
How would you define momentum release? Same as Kevin with his momos?
  • #1,752
  • Jun 23, 2011 1:09am Jun 23, 2011 1:09am
Quoting alllivemind
Thanks Dean,
How would you define momentum release? Same as Kevin with his momos?
yes, based on what we have here.. the indi's that we use here..

RF, stoach and the band matching.. that's it.
  • #1,753
  • Jun 23, 2011 1:14am Jun 23, 2011 1:14am
question...
is anyone using the new RF indi that John posted per my request?.. and if you are... are you getting bullish alert? bcz on mine today it only alerts the bearish signals..
john is not here yet.. if you can help i would greatly appreciate.. i am horrible on tech stuff..
  • #1,754
  • Jun 23, 2011 1:23am Jun 23, 2011 1:23am
i'm getting both



Quoting P.Dean
question...
is anyone using the new RF indi that John posted per my request?.. and if you are... are you getting bullish alert? bcz on mine today it only alerts the bearish signals..
john is not here yet.. if you can help i would greatly appreciate.. i am horrible on tech stuff..
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  • #1,755
  • Edited 1:58am Jun 23, 2011 1:26am | Edited 1:58am
Hey Guys,

In response to some questions from earlier, I would like
to throw in my 2 cents. There are many ways to trade this
and I urge you to put the time in as this is a golden method.

Personally I will not be taking trades from the 60 minute (or less)
stochastic, only in the direction of the 4 hour (if it looks "right")
which I will explain here: in the first picture you see that the Euro
is saying 4hour is Up but when you look at the 4 hour chart with
the 10,3,3 linear weighted stochastic, it hasn't had a bullish
cross yet and it's a very strong down trend for the last 4 bars.

This doesn't look "right" to me and I will ignore the long trade.

So far during the last few hours I have had 3 winning trades,
(pound, nz and cad) based on the 4 hour. For me there are enough
"high quality" opportunities per day with this method that I will
ignore setups from the lower timeframe.

(not that there's anything wrong with that
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  • #1,756
  • Jun 23, 2011 1:39am Jun 23, 2011 1:39am
Quoting P.Dean
good morning everyone..

Live on e/j...
straight PA showed you the way and you went against it. Break and retest perfect short I know its after the fact and all but PA for the short was there. My 2 cents. The indicators to me are nice to help confirm PA. I suggest everyone that likes this system also read "Price is Everything" and "Romancing the Price" thread on FF it will save alot of trouble and really puts things in a different light. But again my 2 cents.
  • #1,757
  • Jun 23, 2011 1:41am Jun 23, 2011 1:41am
e/u Live... both stoch same direction... band matching too..
let's see what happens..
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  • #1,758
  • Jun 23, 2011 1:54am Jun 23, 2011 1:54am
Quoting turboguru
I suggest everyone that likes this system also read "Price is Everything" and "Romancing the Price" thread on FF it will save alot of trouble and really puts things in a different light. But again my 2 cents.
Thank-you, I haven't seen the Romancing the Price thread yet, looks great!
  • #1,759
  • Jun 23, 2011 2:02am Jun 23, 2011 2:02am
Without the Indicators this is what it looks like to me and the H4 Stoch is still down. Have to run to work will explain if any questions when I get back. Good pips to all.
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  • #1,760
  • Jun 23, 2011 2:02am Jun 23, 2011 2:02am
Quoting happyhappy
Thank-you, I haven't seen the Romancing the Price thread yet, looks great!
No problem
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