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  • #4,921
  • Edited 10:28am Feb 18, 2012 3:23am | Edited 10:28am
I didn't take any trade yesterday but I was very close to take the one on 4th candle london session and I actually still think it was an okish setup for a short(with considerable support on previous candles though and with some stubborn uptrend momentum thats maybe what kept me from going short).
I was too biased towards short yesterday though.Thats a mindset I need to change.
In trading one needs to go with the wind to be successful.
  • #4,922
  • Feb 18, 2012 4:24am Feb 18, 2012 4:24am
... just in case somebody needs the Synergy_APB(2) indy from the first post in mq4 format, here it is.
Attached File(s)
File Type: mq4 Synergy_APB_2_.mq4   2 KB | 450 downloads
  • #4,923
  • Feb 18, 2012 4:33am Feb 18, 2012 4:33am
This is a great system.
Sadly, this doesnt help a bit if you dont follow the rules.

I've had 6 trades this week; 3 wins and 3 loses.
Monday, tuesday and wednesday ran excelent - 3 out of 3.
On thursday I've entered the long to soon and my SL of 27 pips just got hit. After that all went to hell.

http://shrani.si/f/e/Hx/Sr3kYfp/r.jpg

A bit more discipline next week and things should come together.
Thats why I've started a journal, to document what I did right and wrong and learn from it.

Enjoy your weekend guys!
Thoughts are things
  • #4,924
  • Feb 18, 2012 5:07am Feb 18, 2012 5:07am
Quoting chamel
... just in case somebody needs the Synergy_APB(2) indy from the first post in mq4 format, here it is.

Thanks chamel,
Do you this same code compiled using IndicoreSDK editor?
I need this for TradeStation2 platform.

Regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #4,925
  • Feb 18, 2012 5:29am Feb 18, 2012 5:29am
Quoting emmanuel7788
Thanks chamel,
Do you this same code compiled using IndicoreSDK editor?
I need this for TradeStation2 platform.

Regards,
Sorry, I do not know anything about IndicoreSDK i needed to convert mq4 into java code for my jforex trading app. if it help u, i can upload the converted java file.
  • #4,926
  • Feb 18, 2012 7:04am Feb 18, 2012 7:04am
Quoting chamel
Sorry, I do not know anything about IndicoreSDK i needed to convert mq4 into java code for my jforex trading app. if it help u, i can upload the converted java file.
hello chamel,

do you have synergy for Jforex? do you mind sharing it?

i only have a smoothed heiken ashi
  • #4,927
  • Feb 18, 2012 8:07am Feb 18, 2012 8:07am
Quoting torkay77
hello chamel,

do you have synergy for Jforex? do you mind sharing it?

i only have a smoothed heiken ashi
Hi,

here it is. I tried this indi in jforex already, but it doesnt display the candles like in mt4. There are just small dots above every candle. Please, let me know how this indi display candles at your platform.
Attached File(s)
File Type: zip Synergy_APB_2_.zip   1 KB | 435 downloads
  • #4,928
  • Feb 18, 2012 8:40am Feb 18, 2012 8:40am
Hi Guys

Just having a read through, I think it would benefit a lot of people to have
a journal.....analyse your trading etc.

MYfXBOOK..
https://www.myfxbook.com/

Is an automated analytical tool for your trading, you can save charts per trade and lots more, and whats more its safe and completely free.....

I have used it from its inception and in IMHO its priceless..

Ja.
Memories caught in time but never forgotten
  • #4,929
  • Feb 18, 2012 9:21am Feb 18, 2012 9:21am
Quoting emmanuel7788
Hi Phx62,

As usual, your trade entries are very consistent and flawless. Congrats for another profitable week.

But, I am just thinking when I looked at your chart, for the trades 1,3 and 4, why you did not push your TP after the initial +50pips. The APB showed momentum at your exit point.

regards,
Time constraints......I would have loved to pick up those extra pips but on all three of those trades, I took the pre-set TP because I was unable to monitor the trade any longer, due to work commitments. If I had been able to monitor each trade, I would have kept them open until consolidation occurred.....Regards
  • #4,930
  • Feb 18, 2012 9:52am Feb 18, 2012 9:52am
First week trading this system. So far very good . . . .

6 trades total

5 winners 110 pips
1 loss 10 pips

only reason for the loss is cuz i never really gave the trade room to breath and i closed it manualy. but overall, great week. I am really happy with 100 pips a week. Lets see how next week turns out.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 61 KB
  • #4,931
  • Feb 18, 2012 10:19am Feb 18, 2012 10:19am
Quoting chamel
Hi,

here it is. I tried this indi in jforex already, but it doesnt display the candles like in mt4. There are just small dots above every candle. Please, let me know how this indi display candles at your platform.
thanks, i tried to test it but it does not show up in my custom indicator list after i compiled it
  • #4,932
  • Feb 18, 2012 10:53am Feb 18, 2012 10:53am
Quoting torkay77
thanks, i tried to test it but it does not show up in my custom indicator list after i compiled it
here is the link, how u can convert and compile indi into ur platform http://www.dukascopy.com/swiss/engli...p?f=65&t=43777

i did it with tdi indicator and it works fine, but with synergy does not. so, i am thinking to use mt4 jforex bridge, which u can find on the same webpage.
  • #4,933
  • Feb 18, 2012 12:51pm Feb 18, 2012 12:51pm
Quoting j4d
Hi Guys

Just having a read through, I think it would benefit a lot of people to have
a journal.....analyse your trading etc.

MYfXBOOK..
https://www.myfxbook.com/

Is an automated analytical tool for your trading, you can save charts per trade and lots more, and whats more its safe and completely free.....

I have used it from its inception and in IMHO its priceless..

Ja.
Thanks Jad, this could be a great tool. I signed up and will try it.
  • #4,934
  • Feb 18, 2012 1:32pm Feb 18, 2012 1:32pm
Just try to do the host a favor - Forex factory just launched a similar tool as myfxbook. It's called "Trade explorers". You can access it by clicking your username on the top left of the screen. Then this should show up on the "control panel" on the left. I've tried it and it seems to be as good as myfxbook, at least for basic usage.

Just pass it along in case they may try to add some cool features in the future to make us communicate much more easily in the thread...

Quoting Dr_Zulu
Thanks Jad, this could be a great tool. I signed up and will try it.
  • #4,935
  • Feb 18, 2012 3:45pm Feb 18, 2012 3:45pm
Hey all,
I have spent the last week reading through the majority of this thread and am going to try it out this week. I was just wondering X-man, did you recently add the 200 EMA to the template in your first PDF for the 1H system? If so, are there other indicators that you use for the 1H system since the start of this method? Thanks!
  • #4,936
  • Feb 18, 2012 7:03pm Feb 18, 2012 7:03pm
Quoting Phx62
As I said in the post...I closed the trade because I got busy at work and could not monitor the trade....PA was up against a trendline and it was getting close to time for the market to shut down for the weekend.....there was not much momentum, so pushing through the trendline would have been difficult....so I closed it for what I could get.
great, thanks for explanation
  • #4,937
  • Feb 19, 2012 4:12am Feb 19, 2012 4:12am
Chaps and ladies, I have just set up the 4H Swing trade (using the daily channel as discussed) and I noticed the recent channel breakout in the JPY pairs.

Could anyone discuss why these would not have been losing trades? I accept that you might have taken a short TP on the E/J when it bounced the 60EMA but the other two, what warning sign did anyone see that this was going to break out of the channel? Or maybe you think that these are still likely to turn?

Comments much appreciated.

I hasten to add that I am not trying to find fault in this great system just trying to learn!
Attached Image(s) (click to enlarge)
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  • #4,938
  • Feb 19, 2012 6:23am Feb 19, 2012 6:23am
Quoting shoot2scoot
Chaps and ladies, I have just set up the 4H Swing trade (using the daily channel as discussed) and I noticed the recent channel breakout in the JPY pairs.

Could anyone discuss why these would not have been losing trades? I accept that you might have taken a short TP on the E/J when it bounced the 60EMA but the other two, what warning sign did anyone see that this was going to break out of the channel? Or maybe you think that these are still likely to turn?

Comments much appreciated.

I hasten to add that I am not trying to find fault in this...

Hi,

So long you stick to your H4 trading rules and your capital preservation principles, your trades will be safe with stop loss in place, You must always manage your trades accordingly to your rules. I always say that we protect the downside of our trades and let the market decide on the upside.

We do not know when the market will make a big move. The market do not obey the H4 EMA 60 and SHI channel. That's why we rely on PA all the time and we must be quick to react when we see our exit rules show up on our charts.

You must also be vigilant when we read news that Japan BoJ talk about intervention. We do not know when it will happen but we rely on our system rules and PA to stay on the safe side. There was no clear sign, but if you follow UJ closely, it was rising slowly for days.

Next week:
USDJPY
Sell between 79.55 and 80.20
SL 81.50
TP 77.30

Monday Asian session ...be careful!

For observation:
Just follow the JPY pairs UJ, EJ, GJ, AY and NJ over the next few months. How long more will BoJ continue to intervene?
I think it will continue to do so until the 100-day cross the 200-day.
On W1 , it will be the 26-weeks cross the 52-weeks.

But there will be wide range good for H4 swing trading every week.

Trade well!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #4,939
  • Feb 19, 2012 7:03am Feb 19, 2012 7:03am
The 102 supp level held for week giving a nice inv head and shoulders. Two trend lines broken along the way. Maybe the 62% getting broken upside and then holding.

I'd say 102 holding as that was the last place it turned down was the most important.

Hindsight is a wonderful thing.
Attached Image(s) (click to enlarge)
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  • #4,940
  • Feb 19, 2012 7:18am Feb 19, 2012 7:18am
Quoting Vantage
Hindsight is a wonderful thing.
And with that in mind I'd say the shooting star candle on the 13th after a neg close the prev day, when that couldn't go lower it should have been a big red flag that something was not right.
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