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Price Trap Eur/Usd 1 MIN

  • #441
  • Oct 4, 2011 3:37am Oct 4, 2011 3:37am
Quoting whatfx
good to know.

but i disagree that only 2-3 pips break and reverse should be assumed to be fake. many times it can go back up.

It can, but it more often doesn't that it does. But, of course, it is just IMHO.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #442
  • Oct 4, 2011 3:44am Oct 4, 2011 3:44am
[quote=Favorite;5010106]It can, but it more often doesn't that it does. But, of course, it is just IMHO. [/quox. / te]

whats your settings on the 833 stoch ? smooth, median price, fixed max./min. ?

its not always the case that above/below 90 means the market is heading the opposite. check 29/9/11. above 90, but price still goes up...
  • #443
  • Oct 4, 2011 3:45am Oct 4, 2011 3:45am
Quoting Leokira
Callisto

If real money its impressive, if demo it doesn't mean s%$t.
Leokira, ah, do I detect a hint of jealousy? the only meaning the chart could have for you is whatever you decide to give it, however, apart from the impressive dollars, it just could mean I have an awesome system.

Favorite, great holiday, I missed you so much, and as for sex, remember the internet is much like the market, you never know what you will get
OPPORTUNITY IS NOWHERE
  • #444
  • Oct 4, 2011 3:49am Oct 4, 2011 3:49am
Quoting pete123
Raz, hope you don't mind me posting this.
For those who are prepared to be patient, have a look and learn.
pete123, it is very impressive! However: I don't want to be annoying, but it is just one trade. Is it the only trade you analyzed with fibo? If it is not, how many trades have you analyzed?
Gentlemen always play by the rules. If they can't, they change the rules.
  • #445
  • Oct 4, 2011 3:53am Oct 4, 2011 3:53am
stopped out on 2nd trap trade. - 16 pips.

iam done on eu for the day..
  • #446
  • Oct 4, 2011 3:53am Oct 4, 2011 3:53am
Quoting Callisto
Favorite, great holiday, I missed you so much, and as for sex, remember the internet is much like the market, you never know what you will get
Callisto, that's why I asked you! I can't say to a guy that I missed him, you must be a girl to hear it from me!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #447
  • Oct 4, 2011 4:01am Oct 4, 2011 4:01am
Quoting whatfx
whats your settings on the 833 stoch ? smooth, median price, fixed max./min. ?

its not always the case that above/below 90 means the market is heading the opposite. check 29/9/11. above 90, but price still goes up...
It is Stochastic Slope from the "Trading Made Simple" with the default settings, downloaded here:
http://www.forexfactory.com/showthre...49#post4569749

Yes, of course sometimes stochastic stays above 90 for many hours, but I also analyze M-1 itself.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #448
  • Oct 4, 2011 4:14am Oct 4, 2011 4:14am
Quoting Favorite
It is Stochastic Slope from the "Trading Made Simple" with the default settings, downloaded here:
http://www.forexfactory.com/showthre...49#post4569749

Yes, of course sometimes stochastic stays above 90 for many hours, but I also analyze M-1 itself.
that


well, i cant download that. my default settings on mt4 are , smooth, price high/low = median, fix max/min = 0.

could be different to that.
  • #449
  • Oct 4, 2011 4:30am Oct 4, 2011 4:30am
Quoting whatfx
that


well, i cant download that. my default settings on mt4 are , smooth, price high/low = median, fix max/min = 0.

could be different to that.
Simple, Close/Close, 0.0 to 1.0

It is strange that you couldn't download it, just in case I attached it.
Attached File(s)
File Type: ex4 Stochastic_Slope.ex4   4 KB | 305 downloads
Gentlemen always play by the rules. If they can't, they change the rules.
  • #450
  • Oct 4, 2011 4:37am Oct 4, 2011 4:37am
Quoting Favorite
Simple, Close/Close, 0.0 to 1.0

It is strange that you couldn't download it, just in case I attached it.
i think fix min is 0 and max 100, not 1. if 1 then out of range !
  • #451
  • Oct 4, 2011 4:43am Oct 4, 2011 4:43am
Quoting whatfx
i think fix min is 0 and max 100, not 1. if 1 then out of range !
Yes, probably I gave the wrong setting, but it is the only one I could find.
(It is a very special stochastic, it is not a "normal" stochastic.)

The settings say: "Slope threshhold=0.0 to 1.0"
Gentlemen always play by the rules. If they can't, they change the rules.
  • #452
  • Oct 4, 2011 5:10am Oct 4, 2011 5:10am
Quoting raz
yes gj, and I got in at 1.3171, so a little slip.... but holding short
l first before posting..


i have thought of a couple of improvements which could better the viability of this method.

but i need raz's approval first before posting...
  • #453
  • Oct 4, 2011 12:36pm Oct 4, 2011 12:36pm
Gonna post my trades as they were today, with some comments:


Trade 1: Looser
Attached Image (click to enlarge)
Click to Enlarge Name: entry 1.jpg Size: 109 KB
  • #454
  • Oct 4, 2011 12:38pm Oct 4, 2011 12:38pm
trade 2: Looser
Attached Image (click to enlarge)
Click to Enlarge Name: entry 2.jpg Size: 106 KB
  • #455
  • Oct 4, 2011 12:39pm Oct 4, 2011 12:39pm
Trade 3: Looser (out of RAZ trading hours)
Attached Image (click to enlarge)
Click to Enlarge Name: entry 3.jpg Size: 127 KB
  • #456
  • Oct 4, 2011 12:40pm Oct 4, 2011 12:40pm
Trade 4: Winner
Attached Image (click to enlarge)
Click to Enlarge Name: entry 4.jpg Size: 112 KB
  • #457
  • Oct 4, 2011 12:41pm Oct 4, 2011 12:41pm
Trade 5: Winner (Didn't get in because of the range but was a nice one)
Attached Image (click to enlarge)
Click to Enlarge Name: entry 5.jpg Size: 105 KB
  • #458
  • Oct 4, 2011 6:54pm Oct 4, 2011 6:54pm
nice work there. It's just a numbers game thats all. See I think with good r:r you can still always be ahead. Last night was two losers, but hey a new night is ahead for me.
Trade Like a Robot make money Like a Bank
  • #459
  • Oct 4, 2011 7:04pm Oct 4, 2011 7:04pm
Hi raz, I know you've mentioned this elsewhere on skype but I have forgotten, what is your strike rate percentage? R/R is healthy and I won't change that.

Cheers
Pete
  • #460
  • Oct 4, 2011 7:09pm Oct 4, 2011 7:09pm
Quoting pedross
Hi raz, I know you've mentioned this elsewhere on skype but I have forgotten, what is your strike rate percentage? R/R is healthy and I won't change that.

Cheers
Pete
I win about 65% of the time. Last week I was almost 50 50 win loss, but still finished +11% for the week in acct bal gain. Little lower then average, but I will take it
Trade Like a Robot make money Like a Bank
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