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  • #621
  • Aug 16, 2011 1:35am Aug 16, 2011 1:35am
Quoting rohule
i hope i clould live in the other side of the world like you guys, its 1:00 am and i have to trade straigth to 11 am, that sucks but work is work.

green pips for all!
Yeah i know what you mean Sir i m in Canada and now it s 2:30 am
Respect and Honor !
  • #622
  • Aug 16, 2011 1:42am Aug 16, 2011 1:42am
Quoting Klaxon
hello Dean i just would like to be sure about DT DB, can you tell me if the rules are to wait for RF to close ? You could probably had already answer this question, so just guide me to about the post you did, thank you very much !
when your looking for a counter/reversal trade.. always make sure you got a recent DB/DT before even considering anything beyond it.. and surely we need the RF close as our must rule on all of our setups with occasionally acception of the NBT setup if your dealing with a narrow band (like 20piper one)
.. our counter trade setup is: MSCT ( Mild Striking Counter Trade)..
this mean when we got a Mildly Striking band going in one direction.. I recognize it as a weak movement even though its going in one direction and it could be due for reversal move.. so it just a reco in back of your mind as your ambushing for it, its awareness to be prepared for the right time to jump in.. now we stay calm and look for the DT/DB and RF close before jumping it in order to have the better timing of the momentum to at least get the impulse move in our favor if it don't pan out to a full strong reversal move.

hope it helps for better and more clarity.
  • #623
  • Aug 16, 2011 2:15am Aug 16, 2011 2:15am
Quoting P.Dean
when your looking for a counter/reversal trade.. always make sure you got a recent DB/DT before even considering anything beyond it.. and surely we need the RF close as our must rule on all of our setups with occasionally acception of the NBT setup if your dealing with a narrow band (like 20piper one)
.. our counter trade setup is: MSCT ( Mild Striking Counter Trade)..
this mean when we got a Mildly Striking band going in one direction.. I recognize it as a weak movement even though its going in one direction and it could be due for reversal move.....
Thank you Dean for this pretty good eplanation about MSCT
Respect and Honor !
  • #624
  • Aug 16, 2011 2:47am Aug 16, 2011 2:47am
keep an eye on EU and EJ.. for sbt or smbt setups in the making..

GU as well


ps) don't get excited.. stay calm.. wait for RF close.. than set the correct pending order..
  • #625
  • Aug 16, 2011 2:49am Aug 16, 2011 2:49am
Wow, everybody still ready for some possible sbt or smbt setup comming up pretty soon ?
Respect and Honor !
  • #626
  • Aug 16, 2011 3:11am Aug 16, 2011 3:11am
...................
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  • #627
  • Aug 16, 2011 3:23am Aug 16, 2011 3:23am
I believe I followed the rules for 8+ in the EU. That would be my first trade using your system . Feels good.... Thankyou for that feeling.. more to come. KH

Please correct as needed...
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  • #628
  • Aug 16, 2011 3:26am Aug 16, 2011 3:26am
sets of +11's on eu and ej... Gu for be out.. news coming did not wanted to risk it..
ambush time payed off..
next..

ps) this sets of trades is a good example of three things for you all..
1) being present..
2) fearless on when you see it to pull the trigger..
3) quickness to actually pull it off and get your orders in in-time..
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  • #629
  • Aug 16, 2011 3:42am Aug 16, 2011 3:42am
Congradulation to those who get the last low on eurusd and eurjpy because of the sbt for eurjpy and smbt for eurusd !

it was my target but i was not brave enough to wait more after price retrace to my entering price after hit the lower band i got a BE with both, maybe i was to greedy, anyway i need more practice for sure !
Respect and Honor !
  • #630
  • Aug 16, 2011 4:05am Aug 16, 2011 4:05am
Quoting Klaxon
Congradulation to those who get the last low on eurusd and eurjpy because of the sbt for eurjpy and smbt for eurusd !

it was my target but i was not brave enough to wait more after price retrace to my entering price after hit the lower band i got a BE with both, maybe i was to greedy, anyway i need more practice for sure !
on smbt lower band is meaningless for target since your entry is mid way between mid band and lower band.. your target is the LL/HH.

folk smbt is measured to LL/HH.. lets not forget this and mixed with band.
  • #631
  • Aug 16, 2011 4:11am Aug 16, 2011 4:11am
I stumped his ass before it got me to trouble.. this pair is as evil as it could get.. but i love it..
stayed composed and once it did not run right way in my favor i gave it the bounce 5min before the news, since i was making money on other two trades at the same time i avoid the chance giving back the profit on other two to this one on a stupid spike.
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  • #632
  • Aug 16, 2011 4:16am Aug 16, 2011 4:16am
besides GU, who is sailing in it's own little crazy world.. lol.. all other pairs are in the making of SBT & SMBT setups.. keep your eyes on it... gotta ambush it.. be a predator..
  • #633
  • Aug 16, 2011 4:17am Aug 16, 2011 4:17am
yesterday i was peaking here and there, made my first 4 trades with the system but didn't have the time to post them.

today i expect to spent most of the day with u guys, so let's suck Mr. Market to the marrow!

looking forward to a MSBT on AU and EU. let's see if those pips are are ripe to crop!

hapipipin

(PD, so it's not a chick per week, it's a chick per day?!?! )
dreams do come true.
  • #634
  • Aug 16, 2011 4:21am Aug 16, 2011 4:21am
Quoting P.Dean
on smbt lower band is meaningless for target since your entry is mid way between mid band and lower band.. your target is the LL/HH.

folk smbt is measured to LL/HH.. lets not forget this and mixed with band.
Ok thank you Dean for your input, so it confirm my thinking about the target i aimed with these trades , and like i already said, i need to practice more and more this kind of setup
Respect and Honor !
  • #635
  • Aug 16, 2011 4:22am Aug 16, 2011 4:22am
Quoting wannaberich
yesterday i was peaking here and there, made my first 4 trades with the system but didn't have the time to post them.

today i expect to spent most of the day with u guys, so let's suck Mr. Market to the marrow!

looking forward to a MSBT on AU and EU. let's see if those pips are are ripe to crop!

hapipipin

(PD, so it's not a chick per week, it's a chick per day?!?! )
oh ya, i like to throw in a surprise now and then.. lol
  • #636
  • Aug 16, 2011 4:32am Aug 16, 2011 4:32am
short on EU live SBT setup...


edit.. out for +4.. i saw stupid sudden move and got out...
same on AU for +3 on that one..
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  • #637
  • Aug 16, 2011 4:32am Aug 16, 2011 4:32am
except GU.
dreams do come true.
  • #638
  • Aug 16, 2011 4:34am Aug 16, 2011 4:34am
too close to lower band. still got +4 out of it

Quoting wannaberich
except GU.
dreams do come true.
  • #639
  • Aug 16, 2011 4:35am Aug 16, 2011 4:35am
My first trade off this system, let see how it plays out
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  • #640
  • Aug 16, 2011 4:41am Aug 16, 2011 4:41am
there were 3 valid setups... EU as a SBT and AU and EJ as SMBT.. i passed on the ej since au was the better looking one of the two and only traded the eu and au..
PA is tilting towards consolidation time.. its too early to tell but i had the feeling prior to these action, now more evident to me.. so we could be set for some NBT action or who knows..

be back later..
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