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Trading Made Simple

  • #6,861
  • Jul 1, 2011 4:29pm Jul 1, 2011 4:29pm
Quoting adeforex
I AM A LITTLE BIT BUSY, I DIDN'T REPLY YOUR MAIL
How exactly are you gauging momentum?
[color="Navy"]Yeah. I did post the HA candle that i always look for in good position, thats a candle with momentum i colored it to highlight it better and not an indicator) that's my trading style, anyway. I dont know your MM but i am targeting minimum of 150 pips/wk. If you want to trade similar as i do, look for some of those candles. Momentum is like a car moving at 180 km/hr (trending price) especially in a slope-down road (high impact as it will break...
I would pay for such an answer.
You are GREAT ! ....
  • #6,862
  • Jul 1, 2011 4:32pm Jul 1, 2011 4:32pm
This a must see to read the HA Synergy candle. NO WICK on the opposite side of momentum is preferred to show the strength of the movement.

http://www.compassfx.com/video/flash/22108/22108.html
  • #6,863
  • Jul 1, 2011 4:38pm Jul 1, 2011 4:38pm
Quoting adeforex
I AM A LITTLE BIT BUSY, I DIDN'T REPLY YOUR MAIL
How exactly are you gauging momentum?
[color=navy]Yeah. I did post the HA candle that i always look for in good position, thats a candle with momentum i colored it to highlight it better and not an indicator) that's my trading style, anyway. I dont know your MM but i am targeting minimum of 150 pips/wk. If you want to trade similar as i do, look for some of those candles. Momentum is like a car moving at 180 km/hr (trending price) especially in a slope-down road (high impact as it will break and...

Ade Forex,

Have to say that I like your Observation about the candle with Wicks on both side as your entry candle or next. I have looked at other charts with that sort of candle formation and you seem to have spoted something dynamic which I will say needs to be watched with great intrest.

Although, you may miss out on some moves here and there but as you said before, one can not chase every move or every cross of the TDI, with your style, you are more or less on the money any time you enter a trade with that CANDLE formation. ie wicks on both ends and a decent body.

Just a point, you watch for that type of candle on the D1 timeframe and confirm on the 4tf with a SL of about 50 pips right. Am I right with what I have said so far about your method. You also mentioned that, this CANDLE formation will always follow a bounce for a continuation or reversal.

Can you please confirm what pairs you trade this on or do you trad any pair you notice that CANDLE formation on, ie with same seize wicks on both side with a decent body.

Sorry for the long post but I am keen on following you on this and will like you to keep posting your charts if you do not mind.

Yes with God you can do all things and you are indeed. Keep winning and stay blessed as always.

Sharemaster2
Born to rule my Economic World and Make a Difference!
  • #6,864
  • Jul 1, 2011 7:38pm Jul 1, 2011 7:38pm
Quoting sadler
Entered as per rules, The second candle was red when i entered here.
false signal i guess
-50 pips so far.
Similarly 3 other trades on - ,
I still feel the second candle is risky to enter we well.
Look at your stoch...it is flat.
Anybody doubting the value of the stoch angle for confirmation....I think you were considering it earlier scoops.....here is an example of the stoch angle should have kept you out of this trade. I believe the stoch confirmation is good addition.
  • #6,865
  • Jul 1, 2011 7:42pm Jul 1, 2011 7:42pm
Quoting 33drifter
Sydney my good friend
For some reaon I figured you were in the UK...I am in Cronulla...you??
  • #6,866
  • Jul 1, 2011 8:22pm Jul 1, 2011 8:22pm
Quoting sadler
Entered as per rules, The second candle was red when i entered here.
false signal i guess
-50 pips so far.
Similarly 3 other trades on - ,
I still feel the second candle is risky to enter we well.
Trading is and should be considered as a business. You can not make money in any business every single day. That trade turned to be a loser. It is the operation cost, overhead, tax etc. If you look at it this way and accept it, you are on the right track.
  • #6,867
  • Jul 1, 2011 8:26pm Jul 1, 2011 8:26pm
Quoting sadler
Entered as per rules, The second candle was red when i entered here.
false signal i guess
-50 pips so far.
Similarly 3 other trades on - ,
I still feel the second candle is risky to enter we well.
We should not look for a reason why the price acts the way it does but maybe the break of the second Resistance was one of the reason it continued.
Attached Image (click to enlarge)
Click to Enlarge Name: awq.jpg Size: 130 KB
  • #6,868
  • Jul 1, 2011 9:58pm Jul 1, 2011 9:58pm
Keep in mind that 100 pip move is approximaately a penny depending on the currency traded
  • #6,869
  • Jul 1, 2011 10:29pm Jul 1, 2011 10:29pm
Quoting PreetEnzo
Sign up for email account with lavabit.com. Im sure their are their other emails that work with MT4, but this is what i use. [/color]

SMTP SERVER : lavabit.com:587
SMTP LOGIN :[email protected] (your log in name)
SMTP PASSWORD : your password

FROM: [email protected]

TO: your email address, where you would like to receive the email.

send test message, if it doesn't work, close your mt4 and restart MT 4. It should work. [/color]

Thank you. I got it this time.

The journal reads: Message sent after i clicked test message but i did not get any message in my box.

Is there anything else i need to do?
  • #6,870
  • Jul 2, 2011 12:53am Jul 2, 2011 12:53am
adeforex could you please post your template? thank you and God bless you
  • #6,871
  • Jul 2, 2011 3:10am Jul 2, 2011 3:10am
Quoting PreetEnzo
Sign up for email account with lavabit.com. Im sure their are their other emails that work with MT4, but this is what i use. [/color]

SMTP SERVER : lavabit.com:587
SMTP LOGIN :[email protected] (your log in name)
SMTP PASSWORD : your password

FROM: [email protected]

TO: your email address, where you would like to receive the email.

send test message, if it doesn't work, close your mt4 and restart MT 4. It should work. [/color]


Hi there,

Just to say that this works fine as per your instructions. All test come through in an instant to my choosen detination email account. I now need to figure out what parameters I want to set for MT4 to send me alerts for.

Just asking, what parameters did you enter for an alert to be fired to you. Will like to set an email alert for TDI crossing the red line at an agle of 4.00 on six different pairs. Sorry for this folks, we all have to learn sometime.

thanks
Born to rule my Economic World and Make a Difference!
  • #6,872
  • Jul 2, 2011 3:48am Jul 2, 2011 3:48am
Quoting adeforex
I AM A LITTLE BIT BUSY, I DIDN'T REPLY YOUR MAIL
How exactly are you gauging momentum?
[color=navy]Yeah. I did post the HA candle that i always look for in good position, thats a candle with momentum i colored it to highlight it better and not an indicator) that's my trading style, anyway. I dont know your MM but i am targeting minimum of 150 pips/wk. If you want to trade similar as i do, look for some of those candles. Momentum is like a car moving at 180 km/hr (trending price) especially in a slope-down road (high impact as it will break and...

Hi ade,


Just for Educational Purposes. I have attached an image of the type of candle you mentioned. ie weaks on both side and TD crossing over the red line. Firstly, I know you only trade 4hr and 1D time frames only. Will this be your sort of candle for memmentum? Just want to get confident with your strategy as it seems more promising. yes, you take less trades but always take few winning trades.

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: tdi-candle.gif Size: 18 KB
Born to rule my Economic World and Make a Difference!
  • #6,873
  • Jul 2, 2011 4:09am Jul 2, 2011 4:09am
Quoting Chillypiper
This a must see to read the HA Synergy candle. NO WICK on the opposite side of momentum is preferred to show the strength of the movement.

http://www.compassfx.com/video/flash/22108/22108.html
You are right. But what i am talking about is my prefered entry HA candle that wins most of the time , and also let you adjust your SL to BE easily. It is just my style of 1-2 candle, then if the 2nd-3rd and so on candles is with no wick after entry, then you know the strength is strong and thats higher momentum.
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #6,874
  • Jul 2, 2011 4:26am Jul 2, 2011 4:26am
Quoting sharemaster2
Ade Forex,

Have to say that I like your Observation about the candle with Wicks on both side as your entry candle or next. I have looked at other charts with that sort of candle formation and you seem to have spoted something dynamic which I will say needs to be watched with great intrest.

Although, you may miss out on some moves here and there but as you said before, one can not chase every move or every cross of the TDI, with your style, you are more or less on the money any time you enter a trade with that CANDLE formation. ie wicks on...
Although, you may miss out on some moves here and there but as you said before, one can not chase every move or every cross of the TDI, with your style, you are more or less on the money any time you enter a trade with that CANDLE formation. ie wicks on both ends and a decent body.

I do miss out at times, but i am more careful of the trade i entered. What is the purpose of making few pips now , and loose them later, i dont want that.The purpose of pointing this out is that i can see many fellows trying taking a trade may run to loss. So if any of my mates here are still struggling with entries, just focus on good HA candle with tms cross for a start, then later as you improve, you can be more aggressive.

Just a point, you watch for that type of candle on the D1 timeframe and confirm on the 4tf with a SL of about 50 pips right. Am I right with what I have said so far about your method. You also mentioned that, this CANDLE formation will always follow a bounce for a continuation or reversal.

SL was illustration, swing is prefared as Big E as its defer by pairs.

Can you please confirm what pairs you trade this on or do you trad any pair you notice that CANDLE formation on, ie with same seize wicks on both side with a decent body.

Any trending pairs in zig -zag on daily/weekly chats. Not long ranging
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #6,875
  • Jul 2, 2011 4:33am Jul 2, 2011 4:33am
Quoting sharemaster2
Hi ade,


Just for Educational Purposes. I have attached an image of the type of candle you mentioned. ie weaks on both side and TD crossing over the red line. Firstly, I know you only trade 4hr and 1D time frames only. Will this be your sort of candle for memmentum? Just want to get confident with your strategy as it seems more promising. yes, you take less trades but always take few winning trades.

Thanks
You now understand the momentum move mate. But you know, i wont take that trade though you may make some few pips, but very dangerous region,it is on over bought zone looking at the position of tdi and look at both resistance zones on 4hr/daily, they are much.
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #6,876
  • Jul 2, 2011 6:01am Jul 2, 2011 6:01am
all this discussion and 1 million views is all good.

but does anyone have any proven results for the past few months. er...NO !
  • #6,877
  • Jul 2, 2011 8:55am Jul 2, 2011 8:55am
Tip for newbies, we don't take trades where green is only touching the red, look for a clear cross with some "air" between the green and the red line, the more "air" the better.
  • #6,878
  • Jul 2, 2011 8:55am Jul 2, 2011 8:55am
Quoting whatfx
all this discussion and 1 million views is all good.

but does anyone have any proven results for the past few months. er...NO !

Thats very constructive of you, thanks for you input.

ill show you mine if you show me yours.... but i bet you wont

my best couple of weeks with this system, yes its a live account
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 306 KB
  • #6,879
  • Jul 2, 2011 9:01am Jul 2, 2011 9:01am
Quoting dean
For some reaon I figured you were in the UK...I am in Cronulla...you??
The shire!! very nice. im on the lower north shore, Hunters Hill.
  • #6,880
  • Jul 2, 2011 9:06am Jul 2, 2011 9:06am
Quoting 2scoops
Tip for newbies, we don't take trades where green is only touching the red, look for a clear cross with some "air" between the green and the red line, the more "air" the better.
This is one reason I am thinking candle 2 is a better entry point than 1 as it gives good confirmation.

Thoughts?
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