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Simple Simon Balance Line Trading

Anyone keeping his / her eye on this potential break of the 50EMA?

Unusually low # of news events today.... what's happening?

On a separate note, I recently asked why sometimes my trialing stop loss is not working. Silly answer actually: The terminal needs to be turned on as this feature can only work (and is readjusted) by your FX terminal (and not at a server level as I thought)

How do you control (and move) your stop losses if you're not infront of your terminals? Do you do this remotely?
Attached Image (click to enlarge)
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Dan - you've been around this thread almost from the beginning. Where does it say thate we use a "Trailing stop"? At least not from an automated standpoint.

You trail your own stops. If you are not going to be at your terminal - I don't recommend placing any trades.

If a trade has triggered and you need to leave your terminal - either leave your initial stop loss in place, or move to BE or lock in pips. Either way this method requires your attendance at the terminal!

Quoting danbuttigieg
Anyone keeping his / her eye on this potential break of the 50EMA?

Unusually low # of news events today.... what's happening?

On a separate note, I recently asked why sometimes my trialing stop loss is not working. Silly answer actually: The terminal needs to be turned on as this feature can only work (and is readjusted) by your FX terminal (and not at a server level as I thought)

How do you control (and move) your stop losses if you're not infront of your terminals? Do you do this remotely?
Hi guys,

potential setup on EURGBP? Your comments?
Attached Image (click to enlarge)
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eurusd short entry on 15m, exit 3/4 +50
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Click to Enlarge Name: 2.gif Size: 12 KB
Hello pipdude

how do you make your balken chart change color in green and red? what is the meaning of the color?
Quoting Thu
Hello pipdude

how do you make your balken chart change color in green and red? what is the meaning of the color?

looks like a heiken ashi dress on the OHLC bar, probably at the graveyard here in FF
Hello Larseg

I have also tried Heiken Ashi, but it does not seem to be.
Attached Image (click to enlarge)
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Quoting Thu
Hello Larseg

I have also tried Heiken Ashi, but it does not seem to be.
Hey buddy,

 

  1. Thats the original H.Ashi, there is plenty of them with modifications,
  2. It can also look like below/above line close makes the color change...


Hes probably going to respond soon,

Guys how about eur/gbp ?

GBP Services PMI UP
Euro Retails sales down

Is this valid setup ?
Attached Image (click to enlarge)
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I think you'll find it's a custom indicator.

I remember seeing it on an Ichimoku system whereby candles were blue above the cloud and red below it.
Quoting handy148
I think you'll find it's a custom indicator.

I remember seeing it on an Ichimoku system whereby candles were blue above the cloud and red below it.
What is the name of that indi?
sorry no idea - just something I remeber from the dim and distant past. You could try googling it.
Quoting vladv
What is the name of that indi?
Did you looking for this one?
Attached File(s)
File Type: mq4 ma cross color bars.mq4   4 KB | 306 downloads
Thank you all for trying helping me. I have found the indi from pipdude. in post # 64 in this thread
Quoting Thu
Hello pipdude

how do you make your balken chart change color in green and red? what is the meaning of the color?
Hi Thu,

It's simply a MA that has to go red if it is under the MA and Blue Below the MA. A post is talking about this Indicators on this thread.

Mfinab,
Hi Guys,

AUD USD

Have a good day
Mfinab,
http://mfinab.dyndns.org:8000/20110705-i6y-133kb.jpg
http://mfinab.dyndns.org:8000/20110705-3r0-131kb.jpg
USD CAD
http://mfinab.dyndns.org:8000/20110705-sft-123kb.jpg
Hi,

Here is GBP JPY 5M chart Nice bounce
http://mfinab.dyndns.org:8000/20110705-8i5-119kb.jpg
Quoting mfinab
Hi Guys,

AUD USD

Have a good day
Mfinab,
http://mfinab.dyndns.org:8000/20110705-i6y-133kb.jpg

Triggered, Let see .... .
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