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  • #10,761
  • Aug 30, 2011 4:13am Aug 30, 2011 4:13am
Short gbpaud. Though tdi is at 32 but the trend as been down since last wk.
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  • #10,762
  • Aug 30, 2011 4:16am Aug 30, 2011 4:16am
Any body comment ?
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  • #10,763
  • Aug 30, 2011 5:20am Aug 30, 2011 5:20am
Quoting imperatorfr
Any body comment ?
My comment is.....perfect trade..well done
  • #10,764
  • Aug 30, 2011 5:38am Aug 30, 2011 5:38am
Quoting imperatorfr
Any body comment ?
Well done,

The one night I decide not to look I miss it.

Consistency is the Key.

Happy for you, Ill be waiting for the next one.

Thanks for the live trade.
Ask me again when I know what I'm talking about.
  • #10,765
  • Aug 30, 2011 6:28am Aug 30, 2011 6:28am
Hi guys i just found out abt this tread and read up to first 100 pages. but since there are 700 odd pages and over 2000 odd post it will basically take a long time to finish reading all of them.

so my question is since i have read the 1st 100 pages of this tread can skip reading the rest with out missing some important details or updates (may be to the indicators ) if not i like to start following this tread from this point on and reading the rest in my leisure time

few other questions i have at the moment is

is there a way to know how much time has elapsed from the time the current bar was opened

is there a indicator that can alert when a new candle opens

what is the main difference between the Synergy_APB and the HA

and can and one post the settings for these indicators

TDI
Synergy_APB
Stochastic Slope
5 ema

thanks
you help is greatly appreciated
  • #10,766
  • Aug 30, 2011 6:33am Aug 30, 2011 6:33am
Quoting sabams
Short gbpaud. Though tdi is at 32 but the trend as been down since last wk.
Out of the trade with +50pips
  • #10,767
  • Edited 7:32am Aug 30, 2011 7:13am | Edited 7:32am
  •  adeforex
  • Joined Aug 2008 | Status: Trading Live as a Professional Do | 363 Posts | Online Now
I dont have time to post my trades for a while bacause i just dont have the time. But due to recent doubt of this method for the past 2 weeks as per many loss experienced by some traders, (because the market is choppy, but many traders still make good money),i think i need to comment the way i think i am winning most of the time as i have stated before. My trading on 4 hr time frame has been challenging, COMPETITION OF LOOSING AND WINNING TRADES, that is why i abandoned it for smaller time frame.I am trading more technically and conservatively also.
I WILL SHARE IT FOR THOSE WHO CARES AND DONT COMPLAIN OF SITTING DOWN TO LOOK FOR GOOD SIGNALS because this is a serious bussiness
1. I trade about 3 times a week looking for minimum of 30 pips per trade. That is what i want to do consistently.
2. POTENTIAL SIGNALS ON 4HR CHART AND ENTRY ON 15/60 MINS CHART as i like. The potential 4 hour signal will be when the price refuse to go further (bouncing back from a region several times) with minimum of 3-4 candles. You can call it strong support or resistance areas. 2 things can happen, the price may continue or reverse, but i am more interested on reverse trade on lower TF.
3. MOST IMPORTANT NOW IS TO MOVE DOWN TO SMALLER TF CONVINIENT FOR YOU FOR STRONG MOMENTUM AS PER 1-2 CANDLE OF TMS RULE. I CAN EVEN TAKE THE 3RD CANDLE IF IT IS THE STRONG ONE.THATS ME. I can guarantee you of good positive pips most of the time and your s/l will be minimal compare with 4hr tf.
This method is only for those who have the time to trade it instead of getting burn on 4hr tf most of the time.
BELOW IS THE TRADING CHARTS OF WHAT I EXPLAINED WEEKS BEFORE AND EXPLAINING NOW.
THAT WAS MY TRADE FOR TODAY OF 70 PIPS ( out of about 120 pips as at now) TP in Ratio 2:1 tp/sl

If you have any issue, PM me and i will reply if chanced. I AM OUT!
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We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #10,768
  • Aug 30, 2011 7:16am Aug 30, 2011 7:16am
Guys take a look at this one.... not a trade yet but a possible long opportunity in a couple of hours. What do you think??
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  • #10,769
  • Aug 30, 2011 7:27am Aug 30, 2011 7:27am
Quoting adeforex
[color=blue]I dont have time to post my trades for a while bacause i just dont have the time. But due to recent doubt of this method for the past 2 weeks as per many loss experienced by some traders, (because the market is choppy, but many traders still make good money),i think i need to comment the way i think i am winning most of the time as i have stated before. My trading on 4 hr time frame has been challenging, COMPETITION OF LOOSING AND WINNING TRADES, that is why i abandoned it for smaller time frame.I am trading more technically and conservatively...
Hi Ade, I think I know why you trade this way. IS it becasue whenver you feel it is the right time to enter it reverses on you immediately?? I get the same thing many times. Is this why you do it this way?? I also now dont take a signal immediately.....I also drill down to lower time frames as usually when I get the correct signals on the one hour to enter....it is time for a reversal on the 1 or 5 minute....and I got sick of being in drawdown as soon as I entered a trade.
  • #10,770
  • Aug 30, 2011 8:14am Aug 30, 2011 8:14am
Overnight I missed those nice drops on the EU and GU because the 1am EST check was just a tiny candle with no cross yet. By 5am it appeared to me they had gone to far so I looked to others. Found a nice looking short on the U/CF and AU and a long on the U/CAD but found myself at a loss this morning of -75pips overall and all three positions were closed. Hopefully the Hourly does better on the NY today.
  • #10,771
  • Aug 30, 2011 8:28am Aug 30, 2011 8:28am
Quoting nirVaan
Hi guys i just found out abt this tread and read up to first 100 pages. but since there are 700 odd pages and over 2000 odd post it will basically take a long time to finish reading all of them.

so my question is since i have read the 1st 100 pages of this tread can skip reading the rest with out missing some important details or updates (may be to the indicators ) if not i like to start following this tread from this point on and reading the rest in my leisure time

few other questions i have at the moment is

is there a way to know how much...
@nirvaan....welcome....here are some answers
1. "After reading the first 100 pages can I....skip to this point?"
A. I don't see why not, however at least download and read the latest pdf compilation..you can find it under the paper clip tab.

2. "is there a way to know how much time has elapsed since the current bar is opened?"
A. ABSOLUTELY!!!! Use the clock function on your wall. It takes some math though...you have to take the time that the current bar opened and SUBTRACT it from the reading on your wall clock.

3. "Is there an indicator that can alert when a new candles opens?"
A. ABSOLUTELY!!!! Use the clock function on your wall again, only this time you have to correspond the time frame from your chart to the SMALL HAND. When the SMALL HAND corresponds with the number specified from your time frame, a new candle will open. In fact this is a very predictive indicator, it gives nearly 100% good signals, and even if your clock is broken it will be 100% correct twice a day. Now thats an indicator.

4. "What is the difference between synergy APB and Heiken Ashii candles?
A. Proprietary license for the most part. Synergy is a system set up by Dean Malone that he sells, the APB bars are "his" design. To tell you the truth I have put them side by side on a chart before and there isn't much difference in performance......One or the other may give a false signal here or there....in other words they are both wrong with the same amount of frequency.

5. "Can someone post the settings to the following indicators?"
A. "TDI"- these settings are found on the first few pages, however the settings are the same as the preset ones....in other words don't bother changing it.
" Synergy_APB"- same as above....no need to change the standard settings.
"STOCHASTIC SLOPE"- most people use 8,3,3....some use 5,3,3....its discretionary.
"5EMA"- Set it to 5, ema....shift is up to you most people use 3.
The reason you didnt get an answer until now in this smart-assed post, is because you must at least make an effort to learn some things on your own...if you haven't done it yet, read babypips.com school. There is some very fundamental KNOWLEDGE that you may be lacking judging by the questions you have asked in your post....my intention is not to make you feel stupid but I want to draw your attention back to where it should be and that is learning some very basic things before tackling this or any other system. Take it as you will, but just know that 95 percent of traders fail, and I would say that the vast majority of them did not heed simple advice such as "learn the basics first".

  • #10,772
  • Aug 30, 2011 8:29am Aug 30, 2011 8:29am
  •  adeforex
  • Joined Aug 2008 | Status: Trading Live as a Professional Do | 363 Posts | Online Now
When i started, i had the same problem, but i had to descipline my self now as am still learning that i must
1. not over trade,
2.Trade when the price bounce strongly back a region with minimum of 3 candles on 4hr tf. The higher the candle number the better and if major news cannot even break it, the better. Then wait for strong 1-2 candle on Ltf, (there must be 1st candle that surpass many previous ones, waiting is the problem especially on 15 mins- if not go higher) then my initial sl will be swing and TP will be minimum of 1:1, it is just logic. I can set and forget, to avoid irrelevant interference. Then check either to adjust my sl or close at some hours interval.
3. If i get 100 pips in 2- 3 trades /week, i am ok, and stay -off for the week, but with good descpline.
Thats just me. Thats what i am practising now. I will like to stick to it.
I will not lie. I have up to 30% drawdown on 4hr trading recently, but i am happy to build it back and still in profit because i went back to lower tf. I want to be trading what the market shows earlier and not what my brain tells me.
If i have waited for 4 hour signal on EU this morning, i would have failed and not have gotten 70 out of the 120 pips ealier given. I missed GU signal but luckly i saw EU at the right time because it was charactirised with strong momentum.WINNING CONSISTENTLY IS WHAT I AM AFTER.

BETTER STILL, BACKTEST AND SEE THE AREA OF MY SIGNAL (NUMBER 2 Above) AS DESCRIBED ABOVE, AND DRILL DOWN to ltf 15/60 mins to see entry,if it really works- at least 30 pips should be mine many times.
THE ONLY PROBLEM IS WAITING TOO MUCH FOR SIGNAL AND TEMPTATION OF TRADING A CHOPPY MARKET. If not, it wot the pain. NO FREE PIPS WITHOUT WORK.
The only way i am thinking on 4hr tf now is good bounce trade because i have demo it for 2 months before and i made good money on it but i am afraid where to put sl on live account (but not until series of demo which i have not started again- no gambling here)
THAT IS MY STYLE.
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #10,773
  • Aug 30, 2011 8:41am Aug 30, 2011 8:41am
Quoting XxLessoxX
@nirvaan....welcome....here are some answers
1. "After reading the first 100 pages can I....skip to this point?"
A. I don't see why not, however at least download and read the latest pdf compilation..you can find it under the paper clip tab.

2. "is there a way to know how much time has elapsed since the current bar is opened?"
A. ABSOLUTELY!!!! Use the clock function on your wall. It takes some math though...you have to take the time that the...
this is f*^ing hilarious...
  • #10,774
  • Aug 30, 2011 8:50am Aug 30, 2011 8:50am
Quoting adeforex
When i started, i had the same problem, but i had to descipline my self now as am still learning that i must
1. not over trade,
[color=navy]2.Trade when the price bounce strongly back a region with minimum of 3 candles on 4hr tf. The higher the candle number the better and if major news cannot even break it, the better. Then wait for strong 1-2 candle on Ltf, (there must be 1st candle that surpass many previous ones, waiting is the problem especially on 15 mins- if not go higher) then my initial...
SO if you are looking for a 4 hour signal but drilling down to a lower time frame....why not just have your charts set on the lower time frame??
FOr example.....lets say you see 4 candles have bounced at the same level of resistance on the 4 hour chart and you are confident a reversal is about to happen.......so you are looking to go short. By then moving to the lower time frame looking for a tdi cross going down, you are basically trying to predict what the tdi will do on the 4 hour chart before it happens. SO why not just have your charts permanently on the 15 minute and look for tdi signals and jump in there??
  • #10,775
  • Aug 30, 2011 8:58am Aug 30, 2011 8:58am
@XxLessoxX

 thank you for your reply. the post i posted was not meant to be a smart-ass post.i was simply asking few questions but i guess it must have come out sounding stupid . I do apologize for that. i did go over baby pips (truthfully just once) but i haven't used MT4 or dne trading till yesterday i thought i will start of with this method.as you may know reading about something and doing it is two different things.
  • #10,776
  • Aug 30, 2011 9:20am Aug 30, 2011 9:20am
Quoting nirVaan
@XxLessoxX

thank you for your reply. the post i posted was not meant to be a smart-ass post.i was simply asking few questions but i guess it must have come out sounding stupid . I do apologize for that. i did go over baby pips (truthfully just once) but i haven't used MT4 or dne trading till yesterday i thought i will start of with this method.as you may know reading about something and doing it is two different things.
I think you will find Xlesson meant his own post was the smart ass one not yours. He like many of us get a bit frustrated seeing the same questions all the time. Honestly...all your answers are in the first 100 pages....after that.....practice and join the forum with any questions you have about trading the method.
  • #10,777
  • Aug 30, 2011 9:29am Aug 30, 2011 9:29am
  •  adeforex
  • Joined Aug 2008 | Status: Trading Live as a Professional Do | 363 Posts | Online Now
Quoting dean
SO if you are looking for a 4 hour signal but drilling down to a lower time frame....why not just have your charts set on the lower time frame??
FOr example.....lets say you see 4 candles have bounced at the same level of resistance on the 4 hour chart and you are confident a reversal is about to happen.......so you are looking to go short. By then moving to the lower time frame looking for a tdi cross going down, you are basically trying to predict what the tdi will do on the 4 hour chart before it happens. SO why not just have your charts permanently...

THATS WHAT I AM EXPLAINING BUT I CANT TRADE PERMANENTLY ON 15MIN AS I AM NOT FULL TIME TRADER, I still like 1 hr tf also
FAILED MANY TIMES MINIMUM OF 3X ON 4HR
ENTRY SET/FORGET ON GOOD MOMENTUM LTF
SIMPLE RULE
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #10,778
  • Edited 10:07am Aug 30, 2011 9:33am | Edited 10:07am
+70 on a nice H4 move on the GBP/USD. Getting ready to hit some good support but if it breaks through it could be a nice ride.



UPDATE:

Stopped out at + 55.
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  • #10,779
  • Edited 7:59pm Aug 30, 2011 9:42am | Edited 7:59pm
The majority of questions posted in most threads are seeking certainty – and this thread is no exception. The redundancy is amazing. The only certainty is that nothing is certain. If you cannot allow some mental latitude to realize anything can happen, then trading is not your game.

It is very simple - define your trading plan, rules and risk. Once that is done, put on a trade and walk away. All of this probing and vacillating will not get you any closer to profitability.

If you do not find Big E’s rules defined enough for your personality, make up your own; rules that satisfy your need for risk aversion and your trading style.

These threads lose their potency because traders want shortcuts. There are none.

Someone has even taken the time to compile all of Big E’s posts. When reading them you will find the same dialogue, “Study old charts – become familiar with what a good set-up looks like.” So do it. He does this because the market tends to move in repeatable patterns – so you can quickly and easily recognize what to look for. It is up to you to take the trade or not, and then assume the responsibility that accompanies either decision. Looking at live charts or live trades will do no good if you don’t know what past indications of successful trades are.

About stops and profit targets . . . I must get 10 PM’s a day on this very subject. Using ATR for me avoids all of the arbitrary and subjective folly that leads to confusion about where to place stops and targets. This was formulated by back testing. If you want to stop guessing, start working. Look back at the setups you like the best or would have taken for your plan and compile the stats. The answers will present themselves.

Now I’m being redundant . . .
  • #10,780
  • Aug 30, 2011 9:51am Aug 30, 2011 9:51am
Quoting dcginc
The majority of questions posted in most threads are seeking certainty – and this thread is no exception. The redundancy is amazing. The only certainty is that nothing is certain. If you cannot allow some mental latitude to realize anything can happen, then trading is not your game.

It is very simple - define your trading plan, rules and risk. Once that is done, put on a trade and walk away. All of this probing and vacillating will not get you any closer to profitability.

[font=Calibri][size=3]If...
Thanks DC. I think for me sl's and tp's are the biggest mental block. I'll take your advice and look back at some "successful" trades and see if that will help me.

Question for you though. When you're looking at a setup and you figure your ATR x2 for TP but then see that there's no bottom under a short or no resistance over a long...don't you just have to try and let that ride, or am I just being too aggressive?
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