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

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Attachments: PRICE Accordingly
Exit Attachments

PRICE Accordingly

Quoting jmw1970
for me i still only have 2RF's down an eu and ej

i got 3 John..


still batteling with it.. i lowered the risk to -17.. I keep it a little longer..

you did well TD..
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for me the last closed candle gave me the third (on eu)

set the pending but not hit yet
Quoting jmw1970
for me the last closed candle gave me the third (on eu)

set the pending but not hit yet
on eu you are correct but on ej we had it long ago..
Quoting ozpips
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...
is your risk accordingly??

if not.. then, lower the load to 1% of your account per trade and let the trade develop by risking the hard sl to be hit before target hit..
this is one way..

I make a effort to make a useful post about this issue later on tonight..
So what do you do in this situation

EU - striking pa

got my 3RFCT Short and set the pending, hasn't hit
but now i have a possible SMBT Long

what do I do, go with the SMBT because it is in the main direction, or hold for my 3RFCT ?????

Or do i do a one cancels the other situation...
Quoting jmw1970
So what do you do in this situation

EU - striking pa

got my 3RFCT Short and set the pending, hasn't hit
but now i have a possible SMBT Long

what do I do, go with the SMBT because it is in the main direction, or hold for my 3RFCT ?????

Or do i do a one cancels the other situation...
swing both ways.. lol

you can keep both pending and close the other once one is triggered.. anything can happen now..
market made the decision for me, short triggered eu
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out at pretty much BE (-2).. bastard just would not give it up..
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Gotta EJ NBT going strong.....

Edit: Out +16. Have no idea why it got so happy, but I'll take it. lol
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Tried to setup a NBT on EU but it wouldn't budge. What gives?

Edit: Now the b@stard shoots up after I delete my order.
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  • #1,531
  • Quote
  • Sep 15, 2011 10:50am Sep 15, 2011 10:50am
OK everybody, I'm out for the day. 2-3 on the EJ +15pips. Of course it could've been a lot more, but I had no idea what was causing that explosion upside. lol.

Hope to see you all here again tomorrow!
  • #1,532
  • Quote
  • Sep 15, 2011 11:42am Sep 15, 2011 11:42am
Hmmm


Wouldn't you agree that the 3FRCT setup contradicts with the classical mid-MOM and MOM setup?
  • #1,533
  • Quote
  • Sep 15, 2011 12:08pm Sep 15, 2011 12:08pm
Quoting fluiDynamic
Hmmm


Wouldn't you agree that the 3FRCT setup contradicts with the classical mid-MOM and MOM setup?
how so? enlighten us sir...
  • #1,534
  • Quote
  • Sep 15, 2011 12:27pm Sep 15, 2011 12:27pm
Well I think the problem is my little understanding of 3RFCT


I've studied the system from the initial pages but I must have missed the 3RFCT setup- so I just based my little understanding of what you guys post here about it and applied it to the markets today. I felt really bad when I saw a momentum trade setup, with a 3RFCT setup at the same time, because surely, I got it wrong with alteast ONE of the two

Would you be kind enough to direct me to an older post regarding the classical setup of 3RFCT? As far as I know it's 3 signals from RF outside of band, signaling a countertrade @ mid-band area?
Quoting P.Dean
is your risk accordingly??

if not.. then, lower the load to 1% of your account per trade and let the trade develop by risking the hard sl to be hit before target hit..
this is one way..

I make a effort to make a useful post about this issue later on tonight..
OK i'll try that PD. AT the moment I'm risking 3% per trade. The win rate is so good that risking a larger stake is not a problem. But since I can't hold I'll try the 1%. I swear that all my trades this week bar 1 went at least 20+ pips my way if I had not cut them short. Another thing is that most trades went through a consolidation period of 5 to 6 candles on their way to the target. Would you hold through this consolidation period or exit? While its occurring its hard to know what direction the market is taking till its over. Please advise ?

Cheers
Morning..

quick market recap..

PA flashing outside the band for dallaaaa strong..
ambushing SBT, SMBT with trend and for counter the one and only early reco of mild stuff with 3RFCT..

lets roll baby...
Quoting ozpips
OK i'll try that PD. AT the moment I'm risking 3% per trade. The win rate is so good that risking a larger stake is not a problem. But since I can't hold I'll try the 1%. I swear that all my trades this week bar 1 went at least 20+ pips my way if I had not cut them short. Another thing is that most trades went through a consolidation period of 5 to 6 candles on their way to the target. Would you hold through this consolidation period or exit? While its occurring its hard to know what direction the market is taking till its over. Please advise ?

Cheers...

There is no such thing as a "good win rate".. the win rate is as good as your skill and sharpness with a sound money management in place.

our entry and first target exit pretty clearly has been explained many many times with lots of live trade demonstration.. please look over again.
I am with you guys. Already pulled +15m on this EU NBT ( not text book r/r, I smelled a possible break of the pivot coming and setup my ambush ). Of course, I bailed out before the big move down.
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Quoting TokyoDrifter
I am with you guys. Already pulled +15m on this EU NBT ( not text book r/r, I smelled a possible break of the pivot coming and setup my ambush ). Of course, I bailed out before the big move down.

text book is a understatement on this one.. lol
SMBT short on AU live..
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