Islander and Medici trade the European open | Page 163 | Forex Factory

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Islander and Medici trade the European open

  • #3,241
  • Nov 14, 2011 12:42am Nov 14, 2011 12:42am
Quoting matlobien
Yip, it looks so easy.

My simple-minded thinking was to trade with the intraday trend (for example, an MA (8-9 period) on M30/H1, if you want to formalise it). As simple as that, and to enter when the shorter-term swings turn (in this case) down.
  • #3,242
  • Nov 14, 2011 12:48am Nov 14, 2011 12:48am
Nice trading guys.

Ian - I wasn't far behind you there, got chopped after FO, missed that LH after the chop mid Frankie hour but managed to get part of the drop from 3750.
Managed to end up + but didn't hit my daily target.
  • #3,243
  • Nov 14, 2011 12:49am Nov 14, 2011 12:49am
GM all - a couple of levels to watch.......
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Trading Levels with WRBs
  • #3,244
  • Nov 14, 2011 12:54am Nov 14, 2011 12:54am
Quoting Islander
GM all - a couple of levels to watch.......
GM Captain - telepathy again...I was just about to post this.
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  • #3,245
  • Nov 14, 2011 1:04am Nov 14, 2011 1:04am
And again, but cut it when it broke up above 3720.
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  • #3,246
  • Nov 14, 2011 1:09am Nov 14, 2011 1:09am
And again...
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  • #3,247
  • Nov 14, 2011 1:15am Nov 14, 2011 1:15am
Quoting medici
And again...

Are you entering on the close of the candle or before?
  • #3,248
  • Nov 14, 2011 1:20am Nov 14, 2011 1:20am
Quoting nhen

Are you entering on the close of the candle or before?
With RBs I'm comfortable to enter on candle close only, and that would be the rule based approach. Which isn't to say that I don't break that rule every once in while...
  • #3,249
  • Nov 14, 2011 1:27am Nov 14, 2011 1:27am
Quoting medici
GM Captain - telepathy again...I was just about to post this.
LOL - I've just escaped from a potential 10 day delivery to Lymington - I dont do November in the Bay of Biscay!

My updated 4 hr with some areas that should come into play when the next bad news hits the Euro.......

BTW, I' seeing some +ve divergence coming in on 1m & 5m, so € might be moving into another mid morning consolidation......TWT
Attached Image (click to enlarge)
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Trading Levels with WRBs
  • #3,250
  • Nov 14, 2011 1:33am Nov 14, 2011 1:33am
Quoting Islander
BTW, I' seeing some +ve divergence coming in on 1m & 5m, so € might be moving into another mid morning consolidation......TWT
Agreed, that's what t looks like...
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  • #3,251
  • Nov 14, 2011 1:51am Nov 14, 2011 1:51am
Quoting medici
With RBs I'm comfortable to enter on candle close only, and that would be the rule based approach. Which isn't to say that I don't break that rule every once in while...
Nice charts M......I'd better take another look at these RBs.....
Trading Levels with WRBs
  • #3,252
  • Nov 14, 2011 1:56am Nov 14, 2011 1:56am
Quoting Islander
Nice charts M......I'd better take another look at these RBs.....
You'd better, and with a SMA100 for trend, you can leave the brain cell in bed
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  • #3,253
  • Nov 14, 2011 2:29am Nov 14, 2011 2:29am
Quoting medici
You'd better, and with a SMA100 for trend, you can leave the brain cell in bed

LOL - now there's a thought.....with a nubile blond.....short term vs position, support vs resistance.......
Trading Levels with WRBs
  • #3,254
  • Nov 14, 2011 3:03am Nov 14, 2011 3:03am
Quoting medici
You'd better, and with a SMA100 for trend, you can leave the brain cell in bed
Interesting

Do the range bars from MQL only work live or they give you historical data too?
  • #3,255
  • Nov 14, 2011 3:04am Nov 14, 2011 3:04am
Quoting Islander
LOL - now there's a thought.....with a nubile blond.....short term vs position, support vs resistance.......
  • #3,256
  • Nov 14, 2011 3:09am Nov 14, 2011 3:09am
Quoting nhen
Interesting

Do the range bars from MQL only work live or they give you historical data too?
When you open the RB chart, the "historical" part of the chart is constructed from M1 data, and thus different from what it would be live. Still quite useful for visual back-testing.

But soon after chart open (after first H or L) the RBs will look as they should.
  • #3,257
  • Nov 14, 2011 3:37am Nov 14, 2011 3:37am
Quoting medici
When you open the RB chart, the "historical" part of the chart is constructed from M1 data, and thus different from what it would be live. Still quite useful for visual back-testing.

But soon after chart open (after first H or L) the RBs will look as they should.
OK great, just got them loaded, will be a nice addition it seems. Cheers mate
  • #3,258
  • Nov 14, 2011 3:24pm Nov 14, 2011 3:24pm
Hammers and shooting stars using the RBs combined with LHs etc and normal analysis provide some pretty tidy clues
  • #3,259
  • Nov 14, 2011 9:38pm Nov 14, 2011 9:38pm
Do you have an MQ4 version of the indicator for range bars ?

Quoting nhen
Hammers and shooting stars using the RBs combined with LHs etc and normal analysis provide some pretty tidy clues
Money grows on the tree of persistence
  • #3,260
  • Nov 14, 2011 10:25pm Nov 14, 2011 10:25pm
Quoting ozmacca
Do you have an MQ4 version of the indicator for range bars ?
It's a commercial indicator, and the mq4 code can be purchased using the link provided above.
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