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Price Trap Eur/Usd 1 MIN

  • #61
  • Sep 23, 2011 10:59am Sep 23, 2011 10:59am
Raz,
When you get a chance, can you elaborate more on your SL and TF using your calculator. I appreciate it.
  • #62
  • Sep 23, 2011 11:22am Sep 23, 2011 11:22am
Quoting forexforex
Raz,
When you get a chance, can you elaborate more on your SL and TF using your calculator. I appreciate it.

just got back from dropping my dog at the groomers. I see price is going south, not quite there yet. So still have a lot of work to get there, looking for 1.3484. It probably will take another hour or so. As for the trading calc, it is just a tool that I use to calculate lot size and stop loss and take profit really fast.

message me your e-mail and I will happy to e-mail it to you. It's in a freeware from of excel which is xls. format
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  • #63
  • Sep 23, 2011 11:25am Sep 23, 2011 11:25am
This is what it looks like. I fill only the blue areas, and it does the math for me as for entry point and stop loss and take profit. Just to simply the madness when price is moving fast
Attached Image (click to enlarge)
Click to Enlarge Name: trade calc.GIF Size: 47 KB
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  • #64
  • Sep 23, 2011 11:45am Sep 23, 2011 11:45am
well price broke through and hit 1.3484... so not bad for catching one during my off time
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  • #65
  • Sep 23, 2011 11:58am Sep 23, 2011 11:58am
Raz,
You you mind down loading your spreadsheet?
Ron
  • #66
  • Sep 23, 2011 12:04pm Sep 23, 2011 12:04pm
Quoting packgreen49
Raz,
You you mind down loading your spreadsheet?
Ron

it isn't a recoginized file on FF, so you have to pm with your e-mail address. and I will shoot it to you
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  • #67
  • Sep 23, 2011 12:12pm Sep 23, 2011 12:12pm
so recap on my last winning trade.
Attached Image (click to enlarge)
Click to Enlarge Name: eur989.GIF Size: 66 KB
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  • #68
  • Sep 23, 2011 12:15pm Sep 23, 2011 12:15pm
Quoting raz
well price broke through and hit 1.3484... so not bad for catching one during my off time

Hello Raz!

Congratulations, I have been watching all your today's posts, very nice work.
I am new in this forum and I am trying to learn from your posts.

Could you plz explain your Price Trap Calculator when you get a chance, how can I get my onw.

plz answer. take care,
sevenskies
  • #69
  • Sep 23, 2011 12:16pm Sep 23, 2011 12:16pm
Ok now I am done for the week. Please do not hesitate to ask any questions. I am willing to help because I have found so many people on this forum so helpful. I know it was a good night to open this method up, because it showed so many winning trades. However it does have it's moments where it seems you do so much just to break even. That is why I have the bonus pips, so at least if I win 1 and lose 2 I gain something. Just something that I did for myself. Well next week I hope to provide more trades for you guys to see.
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  • #70
  • Sep 23, 2011 12:17pm Sep 23, 2011 12:17pm
This system has worked again! Congrats! Too bad I bailed out too soon. I still use this type of system too conservatively. Anyways, I am up 50 pips so far this Friday. Thanks

Quoting raz
so recap on my last winning trade.
  • #71
  • Sep 23, 2011 12:21pm Sep 23, 2011 12:21pm
Quoting forexforex
This system has worked again! Congrats! Too bad I bailed out too soon. I still use this type of system too conservatively. Anyways, I am up 50 pips so far this Friday. Thanks

No Worries! Believe I have been there so many times before. You aren't confident as I am with this system as anyone should be. So if you feel it is time to take your profit then do so. That is why I strongly urge you trade very small lots or demo to start off to see the full potential of this system. There are many times where price gets within 2 pips of take profit, and reverses all the way back to loss. However that is how it goes sometimes. Anyhow I appreciate your input
Trade Like a Robot make money Like a Bank
  • #72
  • Sep 23, 2011 12:45pm Sep 23, 2011 12:45pm
Quoting Sevenskies
Hello Raz!

Congratulations, I have been watching all your today's posts, very nice work.
I am new in this forum and I am trying to learn from your posts.

Could you plz explain your Price Trap Calculator when you get a chance, how can I get my onw.

plz answer. take care,
sevenskies

the price trap calc is just a tool to calculate the entry points as well as stop losses and take profits. It will also self calculate the lot size depending as where you set your risk %, and account balance. Profit pips and loss pips are also calculated. It just simplies my ability to make a quick entry when price breaks areas. So I have the lot size set, and entry point set, and know where to place my stop loss and take profit limit orders.
Trade Like a Robot make money Like a Bank
  • #73
  • Sep 23, 2011 12:49pm Sep 23, 2011 12:49pm
I can't open the spreadsheet with Excel 2003. Is there anyway that you can convert it to 2003 and resend the file...I appreciate it
  • #74
  • Sep 23, 2011 12:49pm Sep 23, 2011 12:49pm
Quoting raz
the price trap calc is just a tool to calculate the entry points as well as stop losses and take profits. It will also self calculate the lot size depending as where you set your risk %, and account balance. Profit pips and loss pips are also calculated. It just simplies my ability to make a quick entry when price breaks areas. So I have the lot size set, and entry point set, and know where to place my stop loss and take profit limit orders.
thanks for the reply Raz, can I make my own this calculator. How to get it. Is there any website?? plz reply. thanks
  • #75
  • Sep 23, 2011 12:50pm Sep 23, 2011 12:50pm
Quoting forexforex
I can't open the spreadsheet with Excel 2003. Is there anyway that you can convert it to 2003 and resend the file...I appreciate it

I will try at work. I have excel there. Then send it to you
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  • #76
  • Sep 23, 2011 12:57pm Sep 23, 2011 12:57pm
Quoting raz
I will try at work. I have excel there. Then send it to you

try this attachement. I converted it online. You may have to move the cells width out to make the numbers fit, but should work
Attached File(s)
File Type: xls Price Trap Calculator.xls   76 KB | 568 downloads
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  • #77
  • Sep 23, 2011 1:03pm Sep 23, 2011 1:03pm
Nevermind...I figured it out. I opened it with my google account email and saved it locally. And now I am able to open it. Thanks again

Quoting raz
I will try at work. I have excel there. Then send it to you
  • #78
  • Sep 23, 2011 1:28pm Sep 23, 2011 1:28pm
Quoting raz
try this attachement. I converted it online. You may have to move the cells width out to make the numbers fit, but should work
Hi Raz!

Does numbers work automatically??? I've seen your xl chart. How you put the numbers in. plz explain. thanks,

sevenskies
  • #79
  • Edited 1:49pm Sep 23, 2011 1:42pm | Edited 1:49pm
Quoting Sevenskies
Hi Raz!

Does numbers work automatically??? I've seen your xl chart. How you put the numbers in. plz explain. thanks,

sevenskies

you have to manually input your the account balance
risk%, and the upper and lower levels. The excel cells that are blue is what you make your manual adjustments.

The rest calculates on it's own. The xls chart is just a tool to help calculate everything very fast, but isn't really needed on the method. I see that you have 3 post on FF. Which is ok, but how new are you to forex in general? I recommed if you haven't tried it, but go through the school of babypips.com
That is heaven sent. Before trading any method of any sort
Trade Like a Robot make money Like a Bank
  • #80
  • Sep 23, 2011 1:55pm Sep 23, 2011 1:55pm
Quoting raz
you have to manually input your the account balance
risk%, and the upper and lower levels. The excel cells that are blue is what you make your manual adjustments.

The rest calculates on it's own. The xls chart is just a tool to help calculate everything very fast, but isn't really needed on the method. I see that you have 3 post on FF. Which is ok, but how new are you to forex in general? I recommed if you haven't tried it, but go through the school of babypips.com
That is heaven sent. Before trading any method of any sort
Right now I am in my office, I got to go now but I will let you in details about me, I hope you will not mind. Anyway thanks for reply, take care,

sevenskies
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