Islander and Medici trade the European open | Page 157 | Forex Factory

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Islander and Medici trade the European open

  • #3,121
  • Oct 26, 2011 1:54am Oct 26, 2011 1:54am
Yeah seems to me lotsa confusion in Cable and EUUD.. thou EU 4 and 1 hr seems generaly down.. watching wit interest..DXY..10 min if it breaks hier then >>???/will hang for a couple of hrs..never really thought about how these heavy confused meets show up in charts.. like u pointed out.. must take more notice..
  • #3,122
  • Oct 26, 2011 2:54am Oct 26, 2011 2:54am
Range trading......just going with the signals....trailing a tighter stop......
Attached Image (click to enlarge)
Click to Enlarge Name: oct 26 eu 1m lo plus 50m.gif Size: 20 KB
Trading Levels with WRBs
  • #3,123
  • Oct 26, 2011 4:09am Oct 26, 2011 4:09am
Quoting Islander
Range trading......just going with the signals....trailing a tighter stop......

Brilliant mate.

I got stopped out at BE with buy.

With sell it seems my MA was not smooth enough with settings 0,0,14,0,0.

Does your settings differ ?

  • #3,124
  • Oct 26, 2011 6:46am Oct 26, 2011 6:46am
Quoting matlobien
Brilliant mate.

I got stopped out at BE with buy.

With sell it seems my MA was not smooth enough with settings 0,0,14,0,0.

Does your settings differ ?

Yes, you need to try some different MA_Methods for a smoother ride.....
Trading Levels with WRBs
  • #3,125
  • Oct 26, 2011 7:17am Oct 26, 2011 7:17am
EUUD Daily CII diverg and 50% point..
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  • #3,126
  • Oct 26, 2011 7:52am Oct 26, 2011 7:52am
Quoting danc
EUUD Daily CII diverg and 50% point..
Dan, just wondering if you have changed settings on CII as mine isn't showing div using standard settings.

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Follow, don't anticipate.
  • #3,127
  • Oct 26, 2011 8:49am Oct 26, 2011 8:49am
Quoting Islander
Yes, you need to try some different MA_Methods for a smoother ride.....
Good to see your charts again, Islander.... hmm my money's on 0,0,10,0,11.
Follow, don't anticipate.
  • #3,128
  • Oct 26, 2011 5:13pm Oct 26, 2011 5:13pm
Quoting Ian
Dan, just wondering if you have changed settings on CII as mine isn't showing div using standard settings.

Attachment
No Ian.. i did play with it but changed back.. seeing same on EUUD..

RSI.. slow..14
RSI.. fast..3
Momentum....9

??.. thanks for the tip.. have been .. browsing the thred.. and notice Medic also uses on 5 min with success,,,.. wonder why V doesnt ... seems marginly more reliable than Fozzy.. thou i am running both.. bit ov an oer kill..Hey..10...0...11.. MMM you reckon..i will give it a go..worked orite last nite on Cable and EU..tho i wasnt on.. went to bed..
  • #3,129
  • Edited 2:40am Oct 27, 2011 2:17am | Edited 2:40am
After yesterday's fun and games I'm thinking there will be some nice swings as the news and its implications get digested.

The two resistance levels are stop areas as reported in ForexLive

I've banked some conservative pips from these 3 swings
Attached Image (click to enlarge)
Click to Enlarge Name: oct 27 eu 1m lo.gif Size: 17 KB
Trading Levels with WRBs
  • #3,130
  • Oct 27, 2011 2:20am Oct 27, 2011 2:20am
Quoting Ian
Good to see your charts again, Islander.... hmm my money's on 0,0,10,0,11.
Thanks......its whatever YOU feel confident with and can bank pips with when trading by YOUR rules
Trading Levels with WRBs
  • #3,131
  • Oct 27, 2011 3:05am Oct 27, 2011 3:05am
Quoting Islander
Thanks......its whatever YOU feel confident with and can bank pips with when trading by YOUR rules
And if you want to go really smooth, there's the Jurik MA.
Attached File(s)
File Type: mq4 JMA.mq4   12 KB | 295 downloads
  • #3,132
  • Oct 27, 2011 3:05am Oct 27, 2011 3:05am
Quoting Islander
After yesterday's fun and games I'm thinking there will be some nice swings as the news and its implications get digested.

The two resistance levels are stop areas as reported in ForexLive

I've banked some conservative pips from these 3 swings

Got it this morning.

  • #3,133
  • Oct 27, 2011 3:16am Oct 27, 2011 3:16am
Quoting Islander
Thanks......its whatever YOU feel confident with and can bank pips with when trading by YOUR rules
Thank you, point taken..
Follow, don't anticipate.
  • #3,134
  • Oct 27, 2011 7:33am Oct 27, 2011 7:33am
Islander I really dig your KISS approach to trading London Open, will complement what I currently do nicely.

Can I ask if you are still sitting down at the charts at 6am London time? From the few I've seen the first trades seem to be taken a bit before and around 7am?

Cheers!
  • #3,135
  • Oct 27, 2011 8:09am Oct 27, 2011 8:09am
Quoting nhen
Islander I really dig your KISS approach to trading London Open, will complement what I currently do nicely.

Can I ask if you are still sitting down at the charts at 6am London time? From the few I've seen the first trades seem to be taken a bit before and around 7am?

Cheers!
Yes, I usually take my 'puter out of sleep mode around half an hour before FO - so I guess 6:30 UK time....
Trading Levels with WRBs
  • #3,136
  • Oct 28, 2011 8:08am Oct 28, 2011 8:08am
Some really great information in this thread guys and I think I've only read twenty pages. Good on you and thank you
  • #3,137
  • Oct 31, 2011 2:16am Oct 31, 2011 2:16am
Good to see this thread with a little life in it again. Also nice to see some new approaches in action. Lovely momentum plays there, Islander...
  • #3,138
  • Oct 31, 2011 2:46am Oct 31, 2011 2:46am
Few entries at FO using the MA.

The +2 trade I closed because I realised Frankie wasn't opening for another hour (Europe daylight savings finish).

Everything else is explained on charts.

I think perhaps taking a few entries at FO and then waiting for LO to start before trying anymore might be the best approach.

Thoughts welcome!

-Really needed to be long at 1.4000 at the cross up, quite clear now, not sure why I was trying short in that little bit of consolidation prior to the long cross.
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  • #3,139
  • Oct 31, 2011 3:03am Oct 31, 2011 3:03am
EU 1min

Missed the earlier moves, closed these for +15 and +20.

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Follow, don't anticipate.
  • #3,140
  • Oct 31, 2011 3:18am Oct 31, 2011 3:18am
Quoting Ian
EU 1min

Missed the earlier moves, closed these for +15 and +20.

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