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True Trading Tactics

  • #121
  • Feb 6, 2012 8:26pm Feb 6, 2012 8:26pm
high guys if anyone sold the EU or GU i'd get out now for BE as it's consolidating and could break either way
EJ looks good if you bought, move to BE
if you sold AU (rail road tracks) i'd bail for a few pips as its consolidating a bit.

wait for some movement and a good candle
  • #122
  • Feb 6, 2012 9:16pm Feb 6, 2012 9:16pm
Please go back and read my earlier post. http://www.forexfactory.com/showthre...84#post5354784

Context is crucial to trading these bars. Please spend some time and go through some charts. Don't go to the highs and lows and see the beautiful bar and think you have the holy grail. Look at an hourly chart and go bar by bar and see all the failed bars. You must use these bars in the correct areas for them to be profitable. The key reversal bars do work but only in the right context.

Good luck.
  • #123
  • Feb 6, 2012 9:21pm Feb 6, 2012 9:21pm
good shot, kraven
  • #124
  • Feb 6, 2012 9:35pm Feb 6, 2012 9:35pm
wooo. some spikes on news. the AU has hit it's ADR in one 15m bar
  • #125
  • Feb 6, 2012 10:07pm Feb 6, 2012 10:07pm
Oooo.... It Created a window for 38 Pips on M15 AU.
  • #126
  • Feb 6, 2012 10:12pm Feb 6, 2012 10:12pm
Quoting zelenko
this part is what i want to add to the original strategy of this thread

please read the previuos pages and you will understand

OK thx
  • #127
  • Feb 6, 2012 10:59pm Feb 6, 2012 10:59pm
i close my sell position on cable and euro that i opened from yesterday on break even


no i open them again
  • #128
  • Feb 6, 2012 11:01pm Feb 6, 2012 11:01pm
Quoting zelenko
i close my sell position on cable and euro that i opened from yesterday on break even


no i open them again
now i open them again
  • #129
  • Feb 6, 2012 11:03pm Feb 6, 2012 11:03pm
Quoting zelenko
i close my sell position on cable and euro that i opened from yesterday on break even


no i open them again
why?????????????
  • #130
  • Feb 6, 2012 11:05pm Feb 6, 2012 11:05pm
Quoting kraven
why?????????????
i use another strategy of entry ( i will explain it later ))

i enter from the half of the reversal candel ( the retest of the regection area )
  • #131
  • Feb 6, 2012 11:10pm Feb 6, 2012 11:10pm
oh, lets try not confuse things here.

i'm long NU and AU on daily as trend continuation..bed time
  • #132
  • Feb 6, 2012 11:46pm Feb 6, 2012 11:46pm
Quoting kraven
oh, lets try not confuse things here.

i'm long NU and AU on daily as trend continuation..bed time
good luck
  • #133
  • Feb 7, 2012 2:30am Feb 7, 2012 2:30am
Quoting betterlife
Very nice thread, clear and spot to the point. Thanks a lot kraven for the topic and the idea.

Now, with all the respect and thanks to EasyRider for his work, and in spite of the absence of the code (ER: eventually it could have been possible helping you in some improvement),

... and just for fun in half an hour spare time (so: there is no option, nothing special, nor a time filter)

... and just as a visual aid (no "indicators" here around, right?):

would you like this one instead?

http://www.forexfactory.com/attachme...1&d=1328561450

Of...
could you please put another inputs to you indicator

1- alert : true /false
2- alert file : file name ( because i want to add an annoying alert other than
the meta trader alert when i am sleep )

3- times to repeat the alert : numbers 1 2 3 ... etc (0 for endless repeat )


and thank you for you effort
  • #134
  • Feb 7, 2012 3:27am Feb 7, 2012 3:27am
Very nice method Kraven. Will follow with interest.
PIP'N
  • #135
  • Feb 7, 2012 3:56am Feb 7, 2012 3:56am
Hi kraven!

How do you see EURUSD just now?
A technical setup but hardly a reversal.
But a continuation then

finnsol
Attached Image (click to enlarge)
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  • #136
  • Feb 7, 2012 4:30am Feb 7, 2012 4:30am
Quoting finnsol
Hi kraven!

How do you see EURUSD just now?
A technical setup but hardly a reversal.
But a continuation then

finnsol
Dear Finnsol,
A bit late but if you zoom out a little and draw a sloping line along those highs you'll see why it would be prudent not to go long off of that candle.

See ya.
  • #137
  • Feb 7, 2012 5:23am Feb 7, 2012 5:23am
Hi Chulmleigh

You are right - but it was a nice "impulse"-candle.
Thanks for your input.

finnsol
  • #138
  • Feb 7, 2012 5:35am Feb 7, 2012 5:35am
Quoting finnsol
Hi Chulmleigh

You are right - but it was a nice "impulse"-candle.
Thanks for your input.

finnsol
No worries. I am no grand-master mind you. Still very much learning.

Bye.
  • #139
  • Edited 7:53am Feb 7, 2012 7:37am | Edited 7:53am
Glad to see u back again kraven!
And thanks for this great thread.....

Now time to learn again :
Possible nice set up in USD/CHF?

http://i600.photobucket.com/albums/t...icture1-28.jpg

Note: Price still develop candle when i upload this pic.....
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #140
  • Feb 7, 2012 8:53am Feb 7, 2012 8:53am
hello RoelsMajor, that would be a set-up however you need to consider how much that candle has already moved, so do you think it's due a pullback again soon?

have alook at your charts on 1hr, we have barely moved 50pips on most pairs in the last 24hr...very consolidated, so take that into account and go for small TP's or move to BE quickly. it keeps getting mentioned on here, pick your trades...if there's reasons not to enter then don't.

my EJ daily pending kicked in.
Attached Image (click to enlarge)
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