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  • #498,021
  • Jul 24, 2011 10:21pm Jul 24, 2011 10:21pm
you're trading and you dont know how to put a stoploss in?

have you tried reading the MT4 manual?

Quoting TheGamer
How you put the stop loss ?
  • #498,022
  • Jul 24, 2011 10:21pm Jul 24, 2011 10:21pm
Quoting mfoste1
the trend is very bullish. why would it go down if there is no news? no news means continuation. anyways there is a large barrier op @4450 with stops just above. I'd call that a target....good RR here for longs targeting 4576
should the mpp be ignored?
those who can, do. those who cant, talk about those who can
  • #498,023
  • Jul 24, 2011 10:22pm Jul 24, 2011 10:22pm
Retest of daily pivot and 15m oversold now, long may be the thing.
  • #498,024
  • Jul 24, 2011 10:24pm Jul 24, 2011 10:24pm
Quoting SystemFX2011
you're trading and you dont know how to put a stoploss in?

have you tried reading the MT4 manual?
i asked Ken mate as i only see trades closed in that chart. i don't trade without putting stop loss in my trades so was just asking him if he closes the wrong trades manually.
Hope
  • #498,025
  • Jul 24, 2011 10:25pm Jul 24, 2011 10:25pm
how you work that out? its not oversold.

ADX -DI is still pointing up, the ADX line as well as the -DI is above 30 to depict strong move. OsMA and RSI is pointing down, Stochs are pointing down...

Until all of those start to point up, then yes, go long... otherwise, wait for a better signal.

Steve

Quoting Fx93
Retest of daily pivot and 15m oversold now, long may be the thing.
  • #498,026
  • Jul 24, 2011 10:26pm Jul 24, 2011 10:26pm
Quoting Fx93
Retest of daily pivot and 15m oversold now, long may be the thing.
dude, london hasn't even opened, nor US. lol. calm down.

gl kiddo
  • #498,027
  • Jul 24, 2011 10:27pm Jul 24, 2011 10:27pm
I know you asked Ken, but he's off on a flight I believe?

My Q was just to ask that if you dont know how to put in a stop loss b'cos that's what your post said.

Sorry for the confusion bro

Do good stuff

Steve

Quoting TheGamer
i asked Ken mate as i only see trades closed in that chart. i don't trade without putting stop loss in my trades so was just asking him if he closes the wrong trades manually.
  • #498,028
  • Jul 24, 2011 10:29pm Jul 24, 2011 10:29pm
Quoting SystemFX2011
how you work that out? its not oversold.

ADX -DI is still pointing up, the ADX line as well as the -DI is above 30 to depict strong move. OsMA and RSI is pointing down, Stochs are pointing down...

Until all of those start to point up, then yes, go long... otherwise, wait for a better signal.

Steve
ADX is laggy. I'm not saying it won't range here or try to go down more, but 5m stochastic 8,3,3 is pointing up already.
Attached Image (click to enlarge)
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  • #498,029
  • Jul 24, 2011 10:32pm Jul 24, 2011 10:32pm
Quoting SystemFX2011
I know you asked Ken, but he's off on a flight I believe?

My Q was just to ask that if you dont know how to put in a stop loss b'cos that's what your post said.

Sorry for the confusion bro

Do good stuff

Steve
Yep maybe im dizzy now.
Ok,
Have a safe journey Ken, Green pips to you Steve & other members too & SweetDreams to me

bbl friends
Hope
  • #498,030
  • Jul 24, 2011 10:34pm Jul 24, 2011 10:34pm
Pardon?

ADX is laggy? NO WAY! It's one of the most powerful and ACCURATE indicators out there...

Search online on how to use it "properly".

There's more to it than meets the eye that most who show stuff online on forex sites don't even think outside the box.

Start thinking more out side that box and you'll see it work much better than most of the crappy indicators that come standard on the MT4 platform.

Steve
  • #498,031
  • Jul 24, 2011 10:35pm Jul 24, 2011 10:35pm
Quoting Fx93
ADX is laggy. I'm not saying it won't range here or try to go down more, but 5m stochastic 8,3,3 is pointing up already.
they all lag.
those who can, do. those who cant, talk about those who can
  • #498,032
  • Jul 24, 2011 10:37pm Jul 24, 2011 10:37pm
morning, am lagging a bit myself...
Look Sharp/Trade Tight
  • #498,033
  • Jul 24, 2011 10:37pm Jul 24, 2011 10:37pm
gatorinla, they all lag?

Too funny... over 80% of my trades hit profit within a few minutes of opening them

Steve
  • #498,034
  • Jul 24, 2011 10:38pm Jul 24, 2011 10:38pm
Quoting gatorinla
they all lag.
indeed..
  • #498,035
  • Jul 24, 2011 10:39pm Jul 24, 2011 10:39pm
I think many will say ADX is one of the most laggy indicators there are. You can describe how you're using it. No offense, I like it myself. You can offest it by reducing to less than 14 periods, but there are few faster indicators than the stochastic %k/%d cross in the OS/OB area.

I'm not saying the latter is superior necessarily, as with more signals comes more false signals as well. It's a tradeoff.

P.S. I got in at 1.43740 for 4.7pips profit now lol, can set my stop to BE now if I wish.
  • #498,036
  • Jul 24, 2011 10:40pm Jul 24, 2011 10:40pm
Quoting PayTheLimit
morning, am lagging a bit myself...
morning..

coffee, aspirin, orange juice or beer ?
  • #498,037
  • Jul 24, 2011 10:42pm Jul 24, 2011 10:42pm
Quoting darimik
morning..

coffee, aspirin, orange juice or beer ?
nice, they all sound good...got anything going early...
Look Sharp/Trade Tight
  • #498,038
  • Jul 24, 2011 10:42pm Jul 24, 2011 10:42pm
Quoting SystemFX2011
gatorinla, they all lag?

Too funny... over 80% of my trades hit profit within a few minutes of opening them

Steve
i didn't say u could not make money. i said "they all lag".
those who can, do. those who cant, talk about those who can
  • #498,039
  • Jul 24, 2011 10:44pm Jul 24, 2011 10:44pm
No offense taken

If I can get some time to do an image for you and comment on the image, I will... but for now...

...the trick of it is.

Pay very close attention to the ADX line... that's your strength gauge.

Wait for it to hit a value of 30. Now take note of where either the -DI or +DI is. Is it below 30? or above 30?

Then take a look at where the -DI and +DI crossed at the time where the ADX line is, did the ADX line go up with the -DI/+DI line at the same time?

Now ask yourself, did the ADX and or -DI / +DI touch at the same time on the 30 line? Look at what happens, I refer to it as a "power move".

Each and every time it's hit the 30 line at the same time, that bugga moves like no bodies business in the direction of the -DI/+DI

Steve
  • #498,040
  • Jul 24, 2011 10:44pm Jul 24, 2011 10:44pm
Quoting darimik
coffee, aspirin, orange juice or beer ?
bet those are your shield whenever you lag a bit of yourself! ; my #1 is coffee, followed by aspirin.
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