What settings should the envelopes be for higher TF's?, 1hr, 4hr etc. Using the same settings as 15min they become very narrow on the higher TF's.
M15 Trading Method (help required!)
- #542
- Nov 16, 2011 10:06am Nov 16, 2011 10:06am
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
What settings should the envelopes be for higher TF's?, 1hr, 4hr etc. Using the same settings as 15min they become very narrow on the higher TF's.
My gold go long alarm went off text wise sadly no time to enter it id be +10% there
Lack of time needs solving i want to give up work but camt yet
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #543
- Nov 16, 2011 10:40am Nov 16, 2011 10:40am
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #544
- Nov 16, 2011 12:35pm Nov 16, 2011 12:35pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #545
- Nov 16, 2011 1:57pm Nov 16, 2011 1:57pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #546
- Nov 16, 2011 2:18pm Nov 16, 2011 2:18pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #547
- Nov 16, 2011 2:46pm Nov 16, 2011 2:46pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Okay I'm a wuss, I'm out 
+6.2% on that trade, better than most people do in a year
+11.1% on the day.
Here is my account value chart, since 20th November, 10 actual trades and no losers
+6.2% on that trade, better than most people do in a year
+11.1% on the day.
Here is my account value chart, since 20th November, 10 actual trades and no losers
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #548
- Nov 16, 2011 2:54pm Nov 16, 2011 2:54pm
- | Joined Sep 2008 | Status: Lucky Man | 2,267 Posts
Well good is good - I don't think I've eeeeeeeeeevvvvver had 10 winners in a row. Congratulations. Now just keep it this way for the next decade
Okay I'm a wuss, I'm out
+6.2% on that trade, better than most people do in a year
+11.1% on the day.
Here is my account value chart, since 20th November, 10 actual trades and no losers
forget about tomorrow, just steal away into the night
- #549
- Nov 16, 2011 3:26pm Nov 16, 2011 3:26pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Well good is good - I don't think I've eeeeeeeeeevvvvver had 10 winners in a row. Congratulations. Now just keep it this way for the next decade
4 months and wage level
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #551
- Nov 17, 2011 6:35am Nov 17, 2011 6:35am
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #552
- Nov 17, 2011 6:19pm Nov 17, 2011 6:19pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
No trades today
USDCHF called a long earlier and EU same time, but that was it for the day missed them both to
Work all tomorrow so not much chance of sneaking in a trade and no setups currently, guess I'll have to settle for 11% or $47 or what ever it was and be happy.
Must spend more time on this, only made 2 trades all week, need to start hitting my 30%+ target ASAP.
But still up and no losers
USDCHF called a long earlier and EU same time, but that was it for the day missed them both to
Work all tomorrow so not much chance of sneaking in a trade and no setups currently, guess I'll have to settle for 11% or $47 or what ever it was and be happy.
Must spend more time on this, only made 2 trades all week, need to start hitting my 30%+ target ASAP.
But still up and no losers
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #553
- Nov 18, 2011 8:04am Nov 18, 2011 8:04am
No trades today
USDCHF called a long earlier and EU same time, but that was it for the day missed them both to
Work all tomorrow so not much chance of sneaking in a trade and no setups currently, guess I'll have to settle for 11% or $47 or what ever it was and be happy.
Must spend more time on this, only made 2 trades all week, need to start hitting my 30%+ target ASAP.
But still up and no losers
I have been observing your trading method all week, noting potential trades, although I have only made one trade using it, and was a simple clean profitable trade.
I like the method very much, and as you say it does at times seem like cheating.
As my confidence builds with it, I am going practice and use this method on my a real account, I don't like demo trading, no emotion.
Just want to say thank you for taking the time start the thread.
Marshy.
“A setback is a setup for a comeback.”
- #554
- Nov 18, 2011 9:42am Nov 18, 2011 9:42am
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Any time dude comments and improvents to the method welcome.
Wasnt many setups this week its not like it was a few weeks back but i will take few trades and next to no losers atleast your not giving it back often.
Not had time to look at a chart today. Big boss in the office behind me so better not risk that
Wasnt many setups this week its not like it was a few weeks back but i will take few trades and next to no losers atleast your not giving it back often.
Not had time to look at a chart today. Big boss in the office behind me so better not risk that
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #555
- Nov 18, 2011 2:57pm Nov 18, 2011 2:57pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Today, no trades work!!
But, Gold setup nicely, near on 200pips in approx 2hours.
I'd of took a loss on EU, close on GU, on that spike.
AudUSD, NZDUSD, USDCAD, USDCHF setup perfectly and would of made many many pips.
Odd no news scheduled at the time of the spike, no way to avoid that, but 50% of the time logically the spike will go on your favour so your better off, if you SL doesn't slip 100pips on you
work!!But, Gold setup nicely, near on 200pips in approx 2hours.
I'd of took a loss on EU, close on GU, on that spike.
AudUSD, NZDUSD, USDCAD, USDCHF setup perfectly and would of made many many pips.
Odd no news scheduled at the time of the spike, no way to avoid that, but 50% of the time logically the spike will go on your favour so your better off, if you SL doesn't slip 100pips on you
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #556
- Nov 18, 2011 4:48pm Nov 18, 2011 4:48pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #557
- Nov 18, 2011 4:51pm Nov 18, 2011 4:51pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
No real time to trade all week and here is the weekend loads of time and no markets sucks
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
- #558
- Edited 11:34am Nov 19, 2011 10:25am | Edited 11:34am
Today, no trades
But, Gold setup nicely, near on 200pips in approx 2hours.
I'd of took a loss on EU, close on GU, on that spike.
AudUSD, NZDUSD, USDCAD, USDCHF setup perfectly and would of made many many pips.
Odd no news scheduled at the time of the spike, no way to avoid that, but 50% of the time logically the spike will go on your favour so your better off, if you SL doesn't slip 100pips on you
Do you ever consider using pivot points when entering or taking profit?
The reason I asked - see chart attached, as you can see with the AUDUSD entrance and take profit areas, how pivot points play out.
I just like to know where they are, with past trading experience, using a totally blank chart I found price to reverse on me unexpectedly, obviously not always, but can be down to pivot points - potential support and resistance areas.
Marshy.
“A setback is a setup for a comeback.”
- #560
- Nov 19, 2011 12:07pm Nov 19, 2011 12:07pm
- | Membership Revoked | Joined Aug 2006 | 11,977 Posts
Yes Turveyd, they where excellent set-ups.
Do you ever consider using pivot points when entering or taking profit?
The reason I asked - see chart attached, as you can see with the AUDUSD entrance and take profit areas, how pivot points play out.
I just like to know where they are, with past trading experience, using a totally blank chart I found price to reverse on me unexpectedly, obviously not always, but can be down to pivot points - potential support and resistance areas.
Marshy.
Even trying to make miney off S/R is practically impossible in the long run.
Look around everyone is using above and nobody is making money off it.
Tried all of above for years waste of time so hate it all woth candlestick patterns and all the rest of it.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!