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  • #101
  • Jul 7, 2011 2:11pm Jul 7, 2011 2:11pm
Quoting rohule
hey Blackwidow and t@rantula nice to know you!

very good info here!

have a great day!!
Welcome.

Tomorrow is NFP, ill post some strategies.
  • #102
  • Jul 7, 2011 7:36pm Jul 7, 2011 7:36pm
We will show you live how it is done.............
People Play markets Traders Trade the markets

Tarantula and Nesha begin a new challenge live here on FF
With a live account £150000 with screen shots...day by day

Why because we know we can do it...

God bless all the traders here..

Lets make money together...

Regards

Black Widow
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #103
  • Jul 7, 2011 7:41pm Jul 7, 2011 7:41pm
Quoting BlackWid0w
We will show you live how it is done.............
People Play markets Traders Trade the markets

Tarantula and Nesha begin a new challenge live here on FF
With a live account £150000 with screen shots...day by day

Why because we know we can do it...

God bless all the traders here..

Lets make money together...

Regards

Black Widow
Looking forward to this sir....thank you. As a rule I stay away from NFP, but this will be interesting. I spoke to Tarantula yesterday as my trading style is similar in some aspects to his, and I presume yours. I'll let my charts with reasons, SL & TP do most of the talking for me. When something comes along that I wish to trade, I'll post it here.

As you say, lets make money together, but also, lets learn from each other.

RJ
Doing what you like is Freedom. Liking what you do is Happiness.
  • #104
  • Jul 7, 2011 7:59pm Jul 7, 2011 7:59pm
Thanks for starting this thread guys, I have been trying to follow the "sensible posts" on the EU thread but there are so many "fun posts" that it is to hard to read most of the time.

I have noted your charts etc on EU thread so very pleased to see this one started. Hopefully you can keep it clean of fun posts and we can actually learn from it.

I would like to know if the trade in this post was taken off the MA on your chart or other reasons. If it was the MA could you tell me if is it 200 EMA?
I have attached the CII indicator for you to have a look at. A poster called Medici (who is a FAR better trader than me uses it quite often)

Quoting T@rantula
As we know...enter on retracement...a scalp trade

Red lines are entry points...Last 1 scalped for 5. Thats called scalping into support.

Attachment

Always wait for a retracement before jumping into a trade. The only exception is Breakout (BO) trade where ur entry is MOMENTUM based.
Attached File(s)
File Type: mq4 CII.mq4   3 KB | 772 downloads
Money grows on the tree of persistence
  • #105
  • Jul 8, 2011 1:22am Jul 8, 2011 1:22am
Situation flat at the moment. Waiting for some momentum for BO trade
  • #106
  • Jul 8, 2011 1:36am Jul 8, 2011 1:36am
Hello Tara and others,
I've been following you secretly for a long time on E/U tread. Thank you for sharing your knowledge. We will all gain from you.
To succeed in Forex, you need to work hard, persevere, and never give up.
  • #107
  • Jul 8, 2011 1:53am Jul 8, 2011 1:53am
For a momentum trade I usually mark the highs and lows between 00 and 5:30 GMT.

When there is a momentum ( only GBPUSD pair) price usually breaks for a quick 10-15 pips...After the news its 30+ sometimes.

Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 37 KB
  • #108
  • Jul 8, 2011 1:59am Jul 8, 2011 1:59am
Hi Tarantula,
What i've read so far, this thread has some real potential - good luck. As for CII I think I am correct in saying that it isn't 'normalised' i.e not constrained to a scale of 0 - 100 thus making zonal sentiment identification questionable? but as stated a few pages back great for divergence spotting. Anyway, will read along with interest.

regards

doc.
  • #109
  • Jul 8, 2011 2:04am Jul 8, 2011 2:04am
Quoting Dr.Scalpall
Hi Tarantula,
What i've read so far, this thread has some real potential - good luck. As for CII I think I am correct in saying that it isn't 'normalised' i.e not constrained to a scale of 0 - 100 thus making zonal sentiment identification questionable? but as stated a few pages back great for divergence spotting. Anyway, will read along with interest.

regards

doc.

Havent seen it in action yet, but ill check it. Thanx!
  • #110
  • Jul 8, 2011 2:18am Jul 8, 2011 2:18am
AUD scalp trade could be a good intraday trade.

Entry: 775 s/l 740 tp: 5+ pips max 40 ( 815)

Attached Image (click to enlarge)
Click to Enlarge Name: aud.gif Size: 38 KB
  • #111
  • Jul 8, 2011 2:35am Jul 8, 2011 2:35am
T, congrats on your new thread. Looking forward to reading your posts.
Already subscribed.
  • #112
  • Jul 8, 2011 2:38am Jul 8, 2011 2:38am
Because of my time zone, the Asian and UK sessions are my bread and butter. Not much going on today but I am currently into my second GU trade. My system is different to yours T, but there are some similarities that we will see in due course.

Both trades are taken at the rejection of the daily pivot, and both have/had TP at S1. SL is 20 pips above the DP. SL on the current trade is at BE due to the choppiness of a Friday and an NFP Friday at that

The reason for the trades is because the PA opened below the pivot, so I will enter short only......and the entry will always be at the rejection of the testing of the DP.

Edit: The indi is the Stochastic by the way

Edit 2: Just got stopped on the second trade.

RJ
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 65 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #113
  • Jul 8, 2011 2:44am Jul 8, 2011 2:44am
Quoting realjumper

The reason for the trades is because the PA opened below the pivot, so I will enter short only......and the entry will always be at the rejection of the testing of the DP.

Edit: The indi is the Stochastic by the way

RJ
Good Thats a scholastic example of old school ( and proven trading). When PA opens below the PP ( 00.00h candel), the day is considered bearish, so bearish setups can be played ot for good.

Thats another approach to trading and pretty straightforward. Proven many times before. Good job!
  • #114
  • Jul 8, 2011 2:45am Jul 8, 2011 2:45am
Quoting AlexC
T, congrats on your new thread. Looking forward to reading your posts.
Already subscribed.
  • #115
  • Jul 8, 2011 2:49am Jul 8, 2011 2:49am
Hi Blackwidow,
Very inspiring, I am looking forward to this thread!!!!

Quoting BlackWid0w
We will show you live how it is done.............
People Play markets Traders Trade the markets

Tarantula and Nesha begin a new challenge live here on FF
With a live account £150000 with screen shots...day by day

Why because we know we can do it...

God bless all the traders here..

Lets make money together...

Regards

Black Widow
  • #116
  • Jul 8, 2011 2:51am Jul 8, 2011 2:51am
Quoting realjumper
Because of my time zone, the Asian and UK sessions are my bread and butter. Not much going on today but I am currently into my second GU trade. My system is different to yours T, but there are some similarities that we will see in due course.

Both trades are taken at the rejection of the daily pivot, and both have/had TP at S1. SL is 20 pips above the DP. SL on the current trade is at BE due to the choppiness of a Friday and an NFP Friday at that

The reason for the trades is because the PA opened below the pivot, so I will enter short only......and...
Hi RJ,

I have been looking at trading EU, GU off daily, weekly, monthly pivot lines, S1,R1 and Mids of W/M so I am interested in your method.

Do you use the Tokyo open price compared with the DP or the open price of the broker (USA close).

Do you need the Stoch to be OBOS for an entry to be valid ?

I note you also have a squillion vouches so would value your thoughts.

I will be coming across the pond to see family in September, hopefully it will be a bit warmer by then.
Money grows on the tree of persistence
  • #117
  • Jul 8, 2011 2:56am Jul 8, 2011 2:56am
Quoting ozmacca
Hi RJ,

I have been looking at trading EU, GU off daily, weekly, monthly pivot lines, S1,R1 and Mids of W/M so I am interested in your method.

Do you use the Tokyo open price compared with the DP or the open price of the broker (USA close).

Do you need the Stoch to be OBOS for an entry to be valid ?

I note you also have a squillion vouches so would value your thoughts.

I will be coming across the pond to see family in September, hopefully it will be a bit warmer by then.
G'day ozmacca,

So as not to hijack Tarantula's excellent thread, I'll answer your questions in a PM over the weekend. I'll type it up and send it to you and anyone else who is interested.

RJ
Doing what you like is Freedom. Liking what you do is Happiness.
  • #118
  • Jul 8, 2011 3:47am Jul 8, 2011 3:47am
Quoting realjumper
G'day ozmacca,

So as not to hijack Tarantula's excellent thread, I'll answer your questions in a PM over the weekend. I'll type it up and send it to you and anyone else who is interested.

RJ
Much appreciated
Money grows on the tree of persistence
  • #119
  • Jul 8, 2011 3:54am Jul 8, 2011 3:54am
Quoting BlackWid0w
We will show you live how it is done.............
People Play markets Traders Trade the markets

Tarantula and Nesha begin a new challenge live here on FF
With a live account £150000 with screen shots...day by day

Why because we know we can do it...

God bless all the traders here..

Lets make money together...

Regards

Black Widow
Nice ! Will follow it closely....

btw who's Nesha?
Hero calls followed by margin calls...
  • #120
  • Jul 8, 2011 3:54am Jul 8, 2011 3:54am
for this thread.
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