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  • #2,241
  • Oct 26, 2011 3:56am Oct 26, 2011 3:56am
Quoting TokyoDrifter
Hi PD,

Basically I meant that there are orders sitting at s/r's. Of course these get rubbed out after being tested and re-tested over time as new s/r's are being established. No offense intended.
no offense taken.. i just did not get it.

I traded all the knowledge about s/r, order flows, and whatever else that i can not have full awareness about since they happen behind the closed doors, for my bottom line.

anyhow, i do recommend for everyone to attach the 200 ema to your 5mtf just for the sake of the direction of the fx-flow, so at all times we are aware of the main direction.. it could help on the smbt/sbt trades to catch runners if the main trend is matched with the 5tf early trend.. I normally see that with my naked eye but i will also go ahead and attach it to lead the way.

folks i got practice.. be back in couple of hours.. make a killing.

Cheers,
  • #2,242
  • Oct 26, 2011 8:16am Oct 26, 2011 8:16am
ugly ugly market.. lol.. that's all i can say..

lets see if NY will bust a move or something..
  • #2,243
  • Oct 26, 2011 9:01am Oct 26, 2011 9:01am
Crazy Market day for the system
  • #2,244
  • Oct 26, 2011 9:24am Oct 26, 2011 9:24am
Quoting kester
Crazy Market day for the system

not for our system in here.. when its range and choppy like this it produce not or very a few signals, which still maintains the high hit ratio and at worst maybe at 50%..

today at best we have had 4 possible trades.. which 3 of them has won.. the hard part is putting screen time and not getting enough out of it, which happens sometimes and one got to deal with it, if not then one can make crazy invalid trades out of frustration of kinds, that's a different story.

not defending the method here just pointing out fact.
  • #2,245
  • Oct 26, 2011 9:56am Oct 26, 2011 9:56am
Hello, i have a question regarding trading times, im trading from 11.00gmt trough 15.30gmt. Is it good for trading or earlier would be better?

i have seen that this time produces good signals thou, but it seems that all of you are trading from the London Open...

My coutry has gmt-3...
  • #2,246
  • Oct 26, 2011 10:01am Oct 26, 2011 10:01am
Quoting Incanus
Hello, i have a question regarding trading times, im trading from 11.00gmt trough 15.30gmt. Is it good for trading or earlier would be better?

i have seen that this time produces good signals thou, but it seems that all of you are trading from the London Open...

My coutry has gmt-3...
the whole London session is where the action is which at the last 2-3 hours of it is overlapped with wall st open. so for what i see i miss the first half of the London session.
  • #2,247
  • Oct 26, 2011 10:14am Oct 26, 2011 10:14am
Quoting P.Dean
the whole London session is where the action is which at the last 2-3 hours of it is overlapped with wall st open. so for what i see i miss the first half of the London session.
i miss 4 hours of the london session, i catch the las 5 hours, but the last 1/2 hour dont open any trade
  • #2,248
  • Oct 26, 2011 10:42am Oct 26, 2011 10:42am
well everyone is awaiting the summit as the clowns will meet.. this is what can happen... NOTHING.. lol

the little leaders will bring the chips and popcorn.. the Greeks will provides the entertainments, Merkel and the little Frenchy will do the dance, and of course Berlosconi will bring the booz and the teenage girls..

that's pretty much a summery of what you can expect.. lol
  • #2,249
  • Oct 26, 2011 11:52am Oct 26, 2011 11:52am
Hi Occamsrazors

Thanks for the advise, i have gone back and re-read PD posts,
found my mistake after reading post 1420-1428.

I will try to get the 3rfct setup again, can you advise if this is in line with the setup rules? Thanks.

http://imageshack.us/photo/my-images/502/3rfcteu27102011.jpg/

http://img502.imageshack.us/img502/8...eu27102011.jpg
  • #2,250
  • Edited Oct 27, 2011 12:57am Oct 26, 2011 9:09pm | Edited Oct 27, 2011 12:57am
Quoting atgmer
Hi Occamsrazors

Thanks for the advise, i have gone back and re-read PD posts,
found my mistake after reading post 1420-1428.

I will try to get the 3rfct setup again, can you advise if this is in line with the setup rules? Thanks.

http://imageshack.us/photo/my-images/502/3rfcteu27102011.jpg/

http://img502.imageshack.us/img502/8...eu27102011.jpg
You're closer now atgmer! You've got the RF count correct on your chart.

The only issue with this setup is that since the original breakout short from the bands PA has not retraced back to the mid band and bounced off. PD mentioned in post 2160 that "at first I look for PB (pullback) reaction to the mid band before thinking reverse" ie somewhere on that move down there should be a pullback to midband and continuation before considering a 3RFCT countertrend trade.

The PB can occurr before or during the RF count. And ideally there will be a double bottom for a long trade or double top for a short. On that setup you had no pullback and no double bottom. By only taking 3RFCTs after a pullback to the middle band should mean you are only taking the higher probability trades.

One other thing to note...on my chart below I didn't get 3 RF signals where you did. A new RF signal can only come after one in the opposite direction. The two short signals on your chart where very tiny and on my chart one was zero and the other still grey on the long side, so I only got one long RF signal when you got three. This is due to small broker differences on candle closes. So just be careful counting the RF signals if the prior signals to the opposite side are extremely small especially in a 3RFCT move.
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  • #2,251
  • Oct 27, 2011 1:41am Oct 27, 2011 1:41am
Hi everyone,

Let's roll baby..

we got a eu strong bullish move already.. looking for smbt/sbt's to validate.


best of luck to everyone to finish the last two days of the week strong since the last two days has not been so productive due to sluggish/abnormal market which its a given and will happen time to time.
  • #2,252
  • Oct 27, 2011 1:51am Oct 27, 2011 1:51am
Quoting P.Dean
Hi everyone,

Let's roll baby..

we got a eu strong bullish move already.. looking for smbt/sbt's to validate.


best of luck to everyone to finish the last two days of the week strong since the last two days has not been so productive due to sluggish/abnormal market which its a given and will happen time to time.
Hi PD

Agreed, lets see if we can't get some more normal patterns and setups today...do you worry about round numbers like now on the EU?...SMBT signal at 1.3997 but thats a big RN to be trading through...or just take the setups when they are there regardless?
  • #2,253
  • Oct 27, 2011 1:55am Oct 27, 2011 1:55am
live smbt's on eu and uc..
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  • #2,254
  • Oct 27, 2011 1:56am Oct 27, 2011 1:56am
Quoting P.Dean
live smbt's on eu and uc..
Got my answer lol!
  • #2,255
  • Oct 27, 2011 1:56am Oct 27, 2011 1:56am
Quoting occamsrazors
Hi PD

Agreed, lets see if we can't get some more normal patterns and setups today...do you worry about round numbers like now on the EU?...SMBT signal at 1.3997 but thats a big RN to be trading through...or just take the setups when they are there regardless?
i dont pay any attention to any of that stuff. rd# s/r etc..
  • #2,256
  • Oct 27, 2011 2:01am Oct 27, 2011 2:01am
Quoting P.Dean
i dont pay any attention to any of that stuff. rd# s/r etc..
Ok good to know, thanks PD
  • #2,257
  • Oct 27, 2011 2:02am Oct 27, 2011 2:02am
hold on to your eu trades if your in it... you got he 5tf trend in your favor as well as the fxflow trend.. this is where the 200ema helps, with one glace in the same chart you know where your at..
  • #2,258
  • Oct 27, 2011 2:12am Oct 27, 2011 2:12am
Quoting P.Dean
live smbt's on eu and uc..
cu good for +22 and eu for cool +30..
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  • #2,259
  • Oct 27, 2011 2:19am Oct 27, 2011 2:19am
occam..
you see how it had no care in the world about the rd# and crushed it like a pumpkin..
but hey i also see other times that PA really "respects" it and bounce off of it..
so at the end, its a wash.. to me, its meaningless..

the only thing that i respect is my plan of trading and stick to it as my only edge bcz i got no control what so ever over anything else in this vast of see.

this is just my humble opinion an beliefs.
  • #2,260
  • Oct 27, 2011 2:50am Oct 27, 2011 2:50am
eu live smbt again..
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