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Freebie 1 min trading method

  • #121
  • Feb 2, 2012 2:33am Feb 2, 2012 2:33am
All times for EST, for daily open line, you figure it out in GMT with your broker
  • #122
  • Feb 2, 2012 2:33am Feb 2, 2012 2:33am
Learn some reversal setups, and dont trade 3 balls
  • #123
  • Feb 2, 2012 3:18am Feb 2, 2012 3:18am
Quoting billbss
hharrington,

Where did you get the skull and bones on your charts?

That looks familiar.
LOL
Enter Signature
  • #124
  • Feb 2, 2012 3:33am Feb 2, 2012 3:33am
its a valid signal?
Attached Image (click to enlarge)
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  • #125
  • Feb 2, 2012 3:36am Feb 2, 2012 3:36am
@BillBliss LMAO, from the infamous TRO
  • #126
  • Feb 2, 2012 3:38am Feb 2, 2012 3:38am
@ninpo,,,absolutely, you are below a 3 ball = LL
  • #127
  • Feb 2, 2012 3:40am Feb 2, 2012 3:40am
I do not, I repeat do not use 3 balls as entries,,,I use pullbacks after a 3 ball
with the bottom window indicators in agreement
HH
  • #128
  • Feb 2, 2012 4:10am Feb 2, 2012 4:10am
Here just give a false signal, semafor3 was over .....
Attached Image (click to enlarge)
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  • #129
  • Feb 2, 2012 6:20am Feb 2, 2012 6:20am
@ninpo, bottom window indicators were still long
  • #130
  • Feb 2, 2012 6:22am Feb 2, 2012 6:22am
I am going to say this 1 more time, 3balls are not signals to trade....
entries are based on other criteria, which I have gone over in the thread.
  • #131
  • Feb 2, 2012 6:26am Feb 2, 2012 6:26am
You show signs today?
Be easier if you tell the steps to see a signal in 1m TF.
Since what is meant in the thread that signal to be correct display ...

Thank you.
  • #132
  • Feb 2, 2012 7:40am Feb 2, 2012 7:40am
Quoting hharrington
Presently my 6 favorite pairs to trade are AU, AJ, EU, EJ, GU, and last but not least the UC. This changes, because I check on all pairs for currencies that are trading over 100 pips per day.
I think finding and trading pairs that hold trends for long periods of time is vital to this system; AU, AJ, A/CHF, EA, EJ, GJ? etc, and trading at the most active times are key.
I'm kind of familiar with most of these indies, yet how your using the HAMA and open lines are pretty clever. Having fun playing around with these.
Thanks for the system HH.
May you be the Sun of your days, and the Star of your nights
  • #133
  • Feb 2, 2012 7:56am Feb 2, 2012 7:56am
YW CasinoEdge, and welcome, I never said it was easy, just simple.

LOL
  • #134
  • Feb 2, 2012 8:22am Feb 2, 2012 8:22am
If you want to trade the 1 min time frame put on a mtf heiken 15 min and only trade the 1 min dips or rallies in the direction of the 15 min trend. As long as the 15 min heiken stays in the direction you are trading you can take all of the 1 and 2 ball trades if you wish.

The 15 min trends on several pairs of 100 pips or more, so they should provide adequate movement to capitalize on the 1 min or 5 min TF if you are so inclined to take those trades.

Again any of these methods require a lot of practice to become proficient with.

Bank those pips
  • #135
  • Feb 2, 2012 8:39am Feb 2, 2012 8:39am
Quoting Aztrader2
Hi HH

Regarding this stuff, what are the session open times you use (in GMT time)?

How near must be the lines (in pips) to be considered for the big move?

Thanks!
GMT- 22 (for rollover/close of NY)
8 for London open
24 for Tokyo open
13 for NY open
7 for Frankfurt (tho I do not use this one)
  • #136
  • Feb 2, 2012 3:16pm Feb 2, 2012 3:16pm
@hharrington
Just wanted to say hello and thanks for sharing your method. Haven't followed it exactly perhaps, but a nice 30 pips following the reversal of HA smoothed, backed up with the 3 balls confirmation. Just these two indi's. (Disregard the bottom chart, which is a type of RSI). Keep up with the excellent thread. RS
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  • #137
  • Feb 2, 2012 4:20pm Feb 2, 2012 4:20pm
Quoting swtrader
GMT- 22 (for rollover/close of NY)
8 for London open
24 for Tokyo open
13 for NY open
7 for Frankfurt (tho I do not use this one)

Thanks bro!
  • #138
  • Feb 3, 2012 2:48am Feb 3, 2012 2:48am
Quoting hharrington
Adjust your mtf indicators up 1 time frame from the longer term charts,

15 min uses 60 min mtf indicators
1 hr uses 4 hr
4 hr uses daily etc etc.

experiment and use what works best for you.
You seem to be ignoring 30 min tf? Any specific reason for that?
If trading 30 min, would you suggest 60 min or 4 hr mtf indicators?
  • #139
  • Feb 3, 2012 5:24am Feb 3, 2012 5:24am
@ indrek, I don't ignore any time frame, the 30 min tf is a very good choice, just adjust your mtf indicators accordingly. I trade the 1hr and 4 hr also.

This method works very well on any time frame. Find your self a really good trend line EA to enter trades with, draw a line along the bottom or top of HA candles, let the EA enter the trade for you. Once the trade has developed
Draw another trend line along HA candles and let it exit for you. Hint: google magic stick

I use this method frequently on higher time frames from the 15 up
  • #140
  • Feb 3, 2012 5:25am Feb 3, 2012 5:25am
KUDO's to you people getting positive pips
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