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  • #5,361
  • Feb 14, 2012 3:25pm Feb 14, 2012 3:25pm
Quoting ohammond
Show me a chart where you have too many false signals on M5 please. If you take everything into consideration before you pull the trigger you will find there are not that many.
Trades today on M5 as I see them, obviously not every day is going to be like this, but there are more very good days than bad.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu14-2.gif Size: 37 KB
Click to Enlarge Name: eu14-2(2).gif Size: 36 KB
  • #5,362
  • Feb 14, 2012 4:30pm Feb 14, 2012 4:30pm
Quoting ohammond
Realjumper does if its a ranging market but I think he uses heiken ashi candles for that timeframe as well as the signal.
Yep...that's quite right. My heiken ashi template is a couple of pages back
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,363
  • Feb 14, 2012 4:34pm Feb 14, 2012 4:34pm
Quoting amcm
i was testing trendline 20,5 in M5, but give me too many false signals.
so i think is better 45,15 for M5.

i would like listen your opinion...

thanks for all
Remember to use all the indicators as one......let me say it again......use ALL the indicators as one. When all agree.....pull the trigger. If you have been reading this thread, you'll already know this.....right???

But at the end of the day, you use whatever you want.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,364
  • Feb 14, 2012 5:17pm Feb 14, 2012 5:17pm
Quoting ohammond
Trades today on M5 as I see them, obviously not every day is going to be like this, but there are more very good days than bad.
Great job O
How many tradeable trades do you have on your first chart?
I make it 2?
.... laughing all the way to the bank
  • #5,365
  • Edited 11:03pm Feb 14, 2012 9:07pm | Edited 11:03pm
Quoting ohammond
Trades today on M5 as I see them, obviously not every day is going to be like this, but there are more very good days than bad.
I also notice the bullish divergence on your chart last night. Closed my yesterday H1 trade around that lv, I want to go long but not too confident because I'm not used to leave a trade open overnight.
  • #5,366
  • Feb 14, 2012 11:27pm Feb 14, 2012 11:27pm
Quoting itsallover
Great job O
How many tradeable trades do you have on your first chart?
I make it 2?
There are 4 trades on the first chart and 3 on the second marked with a tick (check sign), that I either did take or would have taken if I had been here, those are the types of trades I look for on all timeframes now and its cut right down on false entries etc.
  • #5,367
  • Feb 14, 2012 11:36pm Feb 14, 2012 11:36pm
Quoting ohammond
There are 4 trades on the first chart and 3 on the second marked with a tick (check sign), that I either did take or would have taken if I had been here, those are the types of trades I look for on all timeframes now and its cut right down on false entries etc.
Yes I see the same trades......I took 3 on the EU from 1 hour before Frankfurt until just after NY open. 3 trades, 3 wins.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,368
  • Feb 15, 2012 12:34am Feb 15, 2012 12:34am
Quoting realjumper
Yes I see the same trades......I took 3 on the EU from 1 hour before Frankfurt until just after NY open. 3 trades, 3 wins.
snap.
  • #5,369
  • Feb 15, 2012 12:48am Feb 15, 2012 12:48am
Quoting ohammond
There are 4 trades on the first chart and 3 on the second marked with a tick (check sign), that I either did take or would have taken if I had been here, those are the types of trades I look for on all timeframes now and its cut right down on false entries etc.
I see that now.
Thanx for the really good explanation why you took the trades.
.... laughing all the way to the bank
  • #5,370
  • Feb 15, 2012 12:51am Feb 15, 2012 12:51am
Quoting ohammond
snap.
LOL.......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,371
  • Feb 15, 2012 1:08am Feb 15, 2012 1:08am
H1 hidden bearish divergence
Attached Image
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,372
  • Feb 15, 2012 1:15am Feb 15, 2012 1:15am
Phew
I was so close to taking that short on the 5 Min chart. Was it too early for it?
.... laughing all the way to the bank
  • #5,373
  • Feb 15, 2012 1:18am Feb 15, 2012 1:18am
Hey everyone...its a new Day (night)..so back to looking at the charts again looking for opportunities.
Question...
How many pairs do you watch typically, is there such a thing as watching too many pairs, or do people here watch maybe the best 4..5 etc...just curious...

Cheers

SR
  • #5,374
  • Feb 15, 2012 1:18am Feb 15, 2012 1:18am
Quoting itsallover
Phew
I was so close to taking that short on the 5 Min chart. Was it too early for it?
I was too, but I waited to see a bear candle open under the yellow ma...it didn't happen. Stochastic wasn't well placed either.....and.....German prelim GDP news sent the pa up a bit, as the news was slightly better than expected
Doing what you like is Freedom. Liking what you do is Happiness.
  • #5,375
  • Feb 15, 2012 1:21am Feb 15, 2012 1:21am
Quoting realjumper
I was too, but I waited to see a bear candle open under the yellow ma...it didn't happen. Stochastic wasn't well placed either.....and.....German prelim GDP news sent the pa up a bit, as the news was slightly better than expected
LOL.
Oh thats what it was!
.... laughing all the way to the bank
  • #5,376
  • Feb 15, 2012 1:24am Feb 15, 2012 1:24am
Quoting itsallover
Phew
I was so close to taking that short on the 5 Min chart. Was it too early for it?
Was that the eu chart you were looking at ?
  • #5,377
  • Feb 15, 2012 1:25am Feb 15, 2012 1:25am
Quoting Sjr
Was that the eu chart you were looking at ?
Yes it was.
.... laughing all the way to the bank
  • #5,378
  • Feb 15, 2012 1:30am Feb 15, 2012 1:30am
Quoting itsallover
Yes it was.
Ok cool.
Heres that chart from a minute ago.
I apologies if im missing something here, but which way were you looking to go as the indicators seem undecided..can you show me what you were looking at?

Cheers

SR
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 18 KB
  • #5,379
  • Feb 15, 2012 1:44am Feb 15, 2012 1:44am
A down arrow appeared on M5, but trend and emotion still blue. If all goes red I think we have a go here.
  • #5,380
  • Feb 15, 2012 1:44am Feb 15, 2012 1:44am
Quoting Sjr
Ok cool.
Heres that chart from a minute ago.
I apologies if im missing something here, but which way were you looking to go as the indicators seem undecided..can you show me what you were looking at?

Cheers

SR
Sjr,
When I almost took the trade, the matrix was all red boxes. It (matrix) repaints so its hard replicating what happened historically
.... laughing all the way to the bank
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