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On My Way To The Top

  • #741
  • Oct 18, 2011 7:04am Oct 18, 2011 7:04am
Quoting pmullin86
Sure of course I can do that for you...is there a particular fractal indicator you would like me to use or just the standard one that comes with mt4...but for the most part from what I've seen in the past the fractals and semaphor do pretty much line up with one another but I will test it out and get back to you on it...
Just use the standard fractals - would appreciate if you check that for your 'real' trades for some time and maybe post some feedback in your thread (Don't PM me as I might be for a couple of weeks, month out)


Thanks a lot.
__Thanks__ MJ
  • #742
  • Oct 18, 2011 7:05am Oct 18, 2011 7:05am
Quoting M_j
Just use the standard fractals - would appreciate if you check that for your 'real' trades for some time and maybe post some feedback in your thread (Don't PM me as I might be for a couple of weeks, month out)


Thanks a lot.

Ok no problem...
No man is free who is not a master of himself. -P.M.-
  • #743
  • Oct 18, 2011 7:19am Oct 18, 2011 7:19am
This morning and so I came up with a new strategy or trading approach whatever one may choose to call it so demoing it now and currently in a buy on the eur/gbp which is a free trade since stops were just set to break even as it reached 1:1 r:r....
No man is free who is not a master of himself. -P.M.-
  • #744
  • Oct 18, 2011 7:51am Oct 18, 2011 7:51am
hi guys! i wanna share my 2 trades for the morning, 2 good winners for 4%, on usdcad and eurupy
Attached Images
passion and discipline
  • #745
  • Oct 18, 2011 7:53am Oct 18, 2011 7:53am
ej
Attached Images
passion and discipline
  • #746
  • Edited 8:13am Oct 18, 2011 7:59am | Edited 8:13am
closed for 4%....pivot may get in the way...with this strategy I will be aiming to target 1:2 as that seems to be the average r:r that it runs for....but still going to demo test it for at least a 2 weeks...but just another twist on stochastics where entries are based primarily on the stochastic rope and nothing else...my secret weapon...haha...
No man is free who is not a master of himself. -P.M.-
  • #747
  • Oct 18, 2011 8:12am Oct 18, 2011 8:12am
nice entries bro...I need to post my gbp usd trade and eur gbp trade...will do that shortly
No man is free who is not a master of himself. -P.M.-
  • #748
  • Edited 9:13am Oct 18, 2011 8:59am | Edited 9:13am
+4% this was a countertrend trade and not a trade with the trend for the current trend has not turned to the downside as of yet as far as the methods I use to determine the trend...
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 39 KB
No man is free who is not a master of himself. -P.M.-
  • #749
  • Edited 9:39am Oct 18, 2011 9:15am | Edited 9:39am
buy on eur gbp...vert line should be blue for a buy instead of red but my mistake...so a during and after pic

entry as stated above is from a new strategy thought of this morning
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur gbp.gif Size: 50 KB
Click to Enlarge Name: eurgbp.gif Size: 39 KB
No man is free who is not a master of himself. -P.M.-
  • #750
  • Oct 18, 2011 9:34am Oct 18, 2011 9:34am
Quoting pmullin86
+4% this was a countertrend trade and not a trade with the trend for the current trend has not turned to the downside as of yet as far as the methods I use to determine the trend...
what criteria were you using for this countertrend trade? Was it the 30,60,240 stochs all lined up heading down and enter on the 5min rope?
  • #751
  • Oct 18, 2011 9:38am Oct 18, 2011 9:38am
Quoting balrog
what criteria were you using for this countertrend trade? Was it the 30,60,240 stochs all lined up heading down and enter on the 5min rope?
well it was that criteria but in addition to that being met the price must be hitting some resistance level to sell...and as can be seen it was hitting a daily trendline and a four hour trend line...along with testing and failing at a fib pivot level or breaking through.....so pretty nice confluence...
No man is free who is not a master of himself. -P.M.-
  • #752
  • Edited 1:42pm Oct 18, 2011 1:22pm | Edited 1:42pm
I guess I should be thanking that Bernanke guy for probably moving the market enough to present this entry for me but here is a buy that gave me 10% it moved up 1:6 r:r so I locked in 1:5...

The daily in overbought so the overall long term trend is up so need the one hour stochastic to turn up which it is for the intermediate trend to line up with the long term trend and than the moving averages on the 5 minute are stacked accordingly representing the short term trend being up also...but before getting an entry the 1 hour goes into overbought so than the rules I listed before for that type of situation comes into play where the one hour rope must still be pointed up...and in addition I liked the rope pattern on the one hour...price must come down and touch a trendline of the impulsive move on the hour and there must be hidden divergence as price touches the trend line and that occurs so I entered as the 5 minute rope turned up...

total for the day 14%...
Attached Image (click to enlarge)
Click to Enlarge Name: nzd usd.gif Size: 40 KB
No man is free who is not a master of himself. -P.M.-
  • #753
  • Oct 18, 2011 4:08pm Oct 18, 2011 4:08pm
Nice trading Paul. I was able to make 10% today so my new start is off on the right foot. I'm just taking it one trade at a time and nothing more.
Changing my life one pip at a time!
  • #754
  • Oct 18, 2011 4:47pm Oct 18, 2011 4:47pm
Quoting StayFocused
Nice trading Paul. I was able to make 10% today so my new start is off on the right foot. I'm just taking it one trade at a time and nothing more.

Coolness...so maybe our talk yesterday was all you needed but I hope that you stick with it...you should post your entries...
No man is free who is not a master of himself. -P.M.-
  • #755
  • Oct 19, 2011 12:42am Oct 19, 2011 12:42am
buy taken last night and trailed out for 4% early this morning taken on the 15 minute

same rules
-daily o/b=up
-four hour rope=up
-emas stacked=50,100,200
-price=came back down to touch stacked ema's
-15 minute stochastic rope=turned up between 20 and 65

ENTER
Attached Image (click to enlarge)
Click to Enlarge Name: aud 15.gif Size: 48 KB
No man is free who is not a master of himself. -P.M.-
  • #756
  • Oct 19, 2011 1:09am Oct 19, 2011 1:09am
But I threw up some fibonnaci retracement levels on the daily charts and it appears that looking at the hour chart...price has been sideways on all the majors since...the 12th of october or roundabout...bouncing between two fib levels...hmmm...guess I never really noticed since I trade the 5 minute charts mostly..and since its over a 120 pip range so the pairs typically meet their quota anyway just bouncing around...blah...boring session so far...
No man is free who is not a master of himself. -P.M.-
  • #757
  • Oct 19, 2011 7:33am Oct 19, 2011 7:33am
so far so good
Attached Image
passion and discipline
  • #758
  • Oct 19, 2011 8:06am Oct 19, 2011 8:06am
Quoting rohule
so far so good

the trend was kind or overbougth so i exit at be, but still a good trade
passion and discipline
  • #759
  • Edited 11:33am Oct 19, 2011 11:19am | Edited 11:33am
Im currently in a short on the nzd usd entered a little bit late but missed the entry short on the eur usd but this entry currently has 2% locked in...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: nzd usd sell.gif Size: 39 KB
Click to Enlarge Name: nzd usd target.gif Size: 39 KB
No man is free who is not a master of himself. -P.M.-
  • #760
  • Oct 19, 2011 11:34am Oct 19, 2011 11:34am
4% locked in
No man is free who is not a master of himself. -P.M.-
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