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Close Price VS Median Price (or other price types) 33 replies

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  • #1,501
  • Sep 15, 2011 3:56am Sep 15, 2011 3:56am
keep an eye on EJ and AU for 3rfct.. the count is at two, looking for the third before it breaks too far too lower band and breaks confirmely beyond the HH..
  • #1,502
  • Sep 15, 2011 4:07am Sep 15, 2011 4:07am
folks..

The 3RF signal.. is a early sign of striking band turning into a Mild striking..

to take this market down you atta be first inline before everyone else arrives.. you actually banking on AT their arrivals.. you got me there..
  • #1,503
  • Sep 15, 2011 4:14am Sep 15, 2011 4:14am
Quoting Billy T
Hi all,
Thanks for that TD.
Here's another one for you.
It looks to me as if it would be alright to disregard LL at "X",
in our evaluation of the suitability of Double Bottom at the Arrows
for a 3RFCT trade, because the move up from X hit the upper TMA line at tick, & that was then a short MSBT trade from tick back down to the 1st arrow.

Ok, so from the 1st arrow, when we get the 3rd RF, we haven't yet got a
double bottom, but 4 bars later we get our double bottom at 2nd arrow.
I'm thinking that it would be a good place to put a PO in 3 pips...
Just a quick observation BT. The 3RFCT setup shows the band very mild. Your actually looking for 3RFCT or CT to develop when the band is striking. Like where you have the X and where the price is at the moment you made your screen shot.
  • #1,504
  • Edited 4:41am Sep 15, 2011 4:17am | Edited 4:41am
OK. Attempting to ambush EJ now....

Edit: Out +6
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  • #1,505
  • Sep 15, 2011 4:18am Sep 15, 2011 4:18am
AUDUSD - 3RFCT short
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  • #1,506
  • Sep 15, 2011 4:25am Sep 15, 2011 4:25am
3rfct on EJ..
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  • #1,507
  • Sep 15, 2011 4:36am Sep 15, 2011 4:36am
Quoting P.Dean
3rfct on EJ..
out for +9..
aggressive exit bcz hesitation at the mid band could be a reverse sign for HH test... which now i will ambush for SMBT..
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  • #1,508
  • Sep 15, 2011 4:38am Sep 15, 2011 4:38am
AU long smbt..

the other trade was AU as well.. typo mistake..lol
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  • #1,509
  • Sep 15, 2011 4:48am Sep 15, 2011 4:48am
Quoting P.Dean
AU long smbt..

the other trade was AU as well.. typo mistake..lol
update on AU trade..

trade management..
since i got the PA trend behind my back.. i get more relax on this and let it to test the HH and take good look at the HH break.. at the same time i drop the risk to half (about -10) since i got a bit of breathing room..
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  • #1,510
  • Sep 15, 2011 4:57am Sep 15, 2011 4:57am
Quoting P.Dean
update on AU trade..

trade management..
since i got the PA trend behind my back.. i get more relax on this and let it to test the HH and take good look at the HH break.. at the same time i drop the risk to half (about -10) since i got a bit of breathing room..

a bit of hesitation on the second attempt so since i am behind i took it out for +12..
down from -18 to +3 now.. its a battle and i got to stay leveled before breaking its jaw soon..

lunch time for me be back in 30 min... i am into this today..
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  • #1,511
  • Sep 15, 2011 5:31am Sep 15, 2011 5:31am
ok back..
quick recap..
we got a second euro strong attempt which broke the HH's across the board.. buttttttttt.. not too strongly.. so eyes on the counter takes.. it would look more lucrative this time around.. could catch a possible run the other way from the early point with 3rfct..
lets see what happens.. hiding behind the bushes.. lol
  • #1,512
  • Sep 15, 2011 5:56am Sep 15, 2011 5:56am
i take it you are talking about eu and ej??

Quoting P.Dean
ok back..
quick recap..
we got a second euro strong attempt which broke the HH's across the board.. buttttttttt.. not too strongly.. so eyes on the counter takes.. it would look more lucrative this time around.. could catch a possible run the other way from the early point with 3rfct..
lets see what happens.. hiding behind the bushes.. lol
  • #1,513
  • Sep 15, 2011 6:04am Sep 15, 2011 6:04am
EJ in the making.. 3rd rf has arrived.... wait for the close.
  • #1,514
  • Edited 6:18am Sep 15, 2011 6:06am | Edited 6:18am
Just setup my ambush on EJ. Lets see what happens....

Out -7pips. Too much balking at the band for me.
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  • #1,515
  • Sep 15, 2011 6:07am Sep 15, 2011 6:07am
Quoting jmw1970
i take it you are talking about eu and ej??
at the time AU was in the same mix.. but it suddenly took off for more..
so for now .. yes EJ and EU..

my pending is set on EJ atm... watching the EU as well for RF to show up..
  • #1,516
  • Sep 15, 2011 6:09am Sep 15, 2011 6:09am
Quoting TokyoDrifter
Just setup my ambush on EJ. Lets see what happens....
well done...


quick point for everyone..
on the 3rfct.. once you got the setup and set your pending, but if it don't get triggered but stays in the hunt.. keep adjusting in it with new rf signal beyond the 3rd for softer and better quicker entry..
  • #1,517
  • Sep 15, 2011 6:22am Sep 15, 2011 6:22am
3rfct.. short
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  • #1,518
  • Sep 15, 2011 6:27am Sep 15, 2011 6:27am
for me i still only have 2RF's down an eu and ej

Quoting P.Dean
3rfct.. short
  • #1,519
  • Sep 15, 2011 6:34am Sep 15, 2011 6:34am
Quoting P.Dean
well done...


quick point for everyone..
on the 3rfct.. once you got the setup and set your pending, but if it don't get triggered but stays in the hunt.. keep adjusting in it with new rf signal beyond the 3rd for softer and better quicker entry..
I had to bail on that one for -7pips PD. Too much stalling at the midband and the seeing the price spike against me.
  • #1,520
  • Sep 15, 2011 6:39am Sep 15, 2011 6:39am
Hi all. I completed my 1st week of trading price accordingly. I had 9 trades of which were 6 wins, 2 losses and 1 break even. My total profit was a meager 3 pips because I'm a total wuss at holding. IF PD took my trades at least 100 pips for the week easy.

Some nice moves in Asia session all week especially in AUD. So how can I learn to hold ??
I was thinking about using the RF counter? Like while its under just hold the shorts and ignore the green candles and vice versa for longs.

PD would this be something to try? Seriously once a candle comes back at me I struggle to hold the trade and then the 2 losses I had was me cutting winners instead of them hitting Stop i cut them early and then they ran my way. Totally disappointed with those efforts...

Seriously powerful system but the psychology is really holding me back...
Cheers
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