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  • #5,161
  • Feb 21, 2012 1:52pm Feb 21, 2012 1:52pm
Quoting lotapips
Rhino 101.........would you PLEASE post the session time display so i can download it atach to my chart. tnanks Don
Looks like this one here, it is very, very good, put 1 instance on chart for each session you need to display, but I'm not sure how he got the writing on top of each session, but pretty sure it can be done, good luck, read the manual



Daily Boxes/Lines indicator
It takes a lot for me to IGNORE you, but you can try.
  • #5,162
  • Feb 21, 2012 2:06pm Feb 21, 2012 2:06pm
Quoting emmanuel7788
Rule #1 - Price Action precede all indicators signal, including TDI signals.
Rule #2 - Follow Rule #1
Rule #3 - Follow Rule #2

If you read through all the posts in this thread, you will learn how a super trader Phx62 make his trade entries.
Go back study all his weekly trades posts.

Trade the smart way!
Thanks Emma, I will do it.
  • #5,163
  • Feb 21, 2012 3:22pm Feb 21, 2012 3:22pm
guys there was a major pin bar 3 o clock eurpean time right throu the daily pivot. I made a short while everybodu here was long what am I missing please help I am confused and really eager to learn.

Thank you
  • #5,164
  • Feb 21, 2012 3:22pm Feb 21, 2012 3:22pm
Hi TradeStation users,

show trade history is a standard feature in TradeStation II.
see attached ...how to get it done!

When everything else fails, there is the Help menu.

Trade with care.
Attached Image (click to enlarge)
Click to Enlarge Name: TradeStation2 TradeHistory.png Size: 137 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #5,165
  • Feb 21, 2012 3:27pm Feb 21, 2012 3:27pm
Quoting Phx62
PA pooped out at the end of London....closed the long for +25.
You always amaze me how you know exactly where to bail on a trade and when to hold on to one. Do you have a crystal ball??
  • #5,166
  • Feb 21, 2012 3:31pm Feb 21, 2012 3:31pm
Quoting dutchdiva
guys there was a major pin bar 3 o clock eurpean time right throu the daily pivot. I made a short while everybodu here was long what am I missing please help I am confused and really eager to learn.

Thank you
see post 5156
Thanks for your help, warmth and straight talking Heather.
  • #5,167
  • Feb 21, 2012 3:37pm Feb 21, 2012 3:37pm
Thank you for th ereply, but in that post i only something about boxlines, is that what you meant?
  • #5,168
  • Feb 21, 2012 3:45pm Feb 21, 2012 3:45pm
Quoting dutchdiva
guys there was a major pin bar 3 o clock eurpean time right throu the daily pivot. I made a short while everybodu here was long what am I missing please help I am confused and really eager to learn.

Thank you
Hi dutchdiva,

How do you qualify that to be a major pin-bar (PB)?

I learned that not every PB will result in a winning trade especially those on lower TF. When I pick setups using PB, I take those on H4 and D1, and these must be at a significant support and resistance level, and must be in the same bias I had formed in my Big Picture.

google "Nial Fuller" ... he is one of my favourite PB traders Down Under.

Enjoy the learning journey!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #5,169
  • Feb 21, 2012 3:53pm Feb 21, 2012 3:53pm
For me that was a pb because it made a new High, spiked thru the daily pivot and had a lower close than opening, not to mention the good spike. Seems to me all pa critaria were met.

Thank you for your reply I will check nial out.
  • #5,170
  • Feb 21, 2012 3:58pm Feb 21, 2012 3:58pm
Quoting wrenski
You always amaze me how you know exactly where to bail on a trade and when to hold on to one. Do you have a crystal ball??
Actually on this long he could have taken as much as 50 pips...
He's just a human, but a select good one.
  • #5,171
  • Feb 21, 2012 4:06pm Feb 21, 2012 4:06pm
Hi,

Another challenging day for trading. Despite the decision on Greece bailout, market is subdue. Maybe too long waiting has taken taken away the surprise element. Looks like more a speculative market type today and the Big Boys are just patienly wating.
The battle is now with EURGBP , looks like it is near the PRZ. Will there be a reversal or breakthrough of the PRZ.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 21 Feb trade closed 22-2-2012 5-48-37 AM.png Size: 26 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #5,172
  • Feb 21, 2012 4:09pm Feb 21, 2012 4:09pm
Quoting emmanuel7788
Hi dutchdiva,

How do you qualify that to be a major pin-bar (PB)?

I learned that not every PB will result in a winning trade especially those on lower TF. When I pick setups using PB, I take those on H4 and D1, and these must be at a significant support and resistance level, and must be in the same bias I had formed in my Big Picture.

google "Nial Fuller" ... he is one of my favourite PB traders Down Under.

Enjoy the learning journey!
I have been following Nial Fuller for quite some time and really enjoy his videos, very educational.
  • #5,173
  • Feb 21, 2012 4:17pm Feb 21, 2012 4:17pm
My day could have gone worse i suppose as my first trade today hit SL -30 but i recovered and finished the day with +42 mostly scalping to try and catch up. Presently in a buy trade for the past few hours, -18 ATM.
  • #5,174
  • Feb 21, 2012 4:28pm Feb 21, 2012 4:28pm
Hi,

This trade has not moved much in 2 days. No chance for BE this trade anytime soon. Just have to be patient and let it work itself.

UJ is in its PRZ. It is either to break to the upside or reverse. I chose the latter.

See attached.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY 20 Feb H4 trade .png Size: 61 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #5,175
  • Edited 6:16pm Feb 21, 2012 6:05pm | Edited 6:16pm
Quoting Gwsands
Interesting on your chart how well the fib levels for the range have been respected so far. Price is having another try at the 88.6 level as I type.
Do you have a method for defining the waves of the correction? When I look at this chart, I find it difficult to identify them
Hi Gwsands,
Sorry for this late reply. It was a busy morning yesterday and missed some posts.

First, note that the level 1.3269 was a spike on 21 Dec 2011. That spike has some significance because it was days before the Christmas holidays. Some of you may recall what happened that day. If you believe stophunting, then this may be the one before the hedge funds managers went on holidays.

What I do for my Big Picture planning is I start from Weekly TF and draw the highs and lows and plot the fibo levels (gray colour), then go down to D1 TF, do the same.
With these historical S&R and fibos drawn, I will then zoom into the region of the current market range and analyse the H4 TF. Then I look for confluence of the fibo levels, and look out for certain patterns of my choice.

Attached are two patterns examples; a bullish and a bearish patterns.

I use these on higher TFs like H4 and D1. Both the ABCD and Gartley patterns are use to look for key turnaround regions where I do my swing trades on H4. Knowing how to draw fibo retracement and expansion is important to become proficient in indentifying the swing regions or commonly known as PRZ (potential reversal zone). Once in the PRZ, I will use a low TF method like S3 H1 and H4 to pick my trade entries.

Here is a short video on harmonics patterns. Good start from here on:

http://www.youtube.com/watch?v=75DsYlwOlOA&lr=1


Anything else, you can PM me.

Enjoy!
Attached File(s)
File Type: pdf Chart pattern ABCD-Bullish.pdf   260 KB | 927 downloads
File Type: pdf Chart pattern ABCD-Bearish.pdf   263 KB | 928 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #5,176
  • Feb 21, 2012 7:42pm Feb 21, 2012 7:42pm
Hi,

As mentioned in another post, attached chart to explain what I see.

Use S3 H4 method for setup and entry. Manage to maximise profit.

Note: pip value for EG is USD15.70. So for a smaller pip range move but more money in your bank.

Good Trading!
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP week 08 Big Picture.png Size: 114 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #5,177
  • Feb 21, 2012 8:32pm Feb 21, 2012 8:32pm
Hi,

My S3 H1 trade plan for today.

Two days of narrow range, yesterday HLC determines today daily pivots levels, rather small range between the daily S and R levels. This means modest target expectations.
But, incase there is volatility burst, go for the weekly R and S levels for target instead.
It is always trade management, management, management, .....that will help you win the trading day.

Be decisive and fast to pull the trigger. But DO NOT be trigger happy.

Have a good trading day ahead.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 22 Feb trade plan 22-2-2012 10-15-29 AM.png Size: 77 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #5,178
  • Feb 21, 2012 8:44pm Feb 21, 2012 8:44pm
Quoting X-Man
No problem buddy.

anything over 100 pips per week is excellent. Thats where i would set my success bar if i started trading this system.
As you trade this system more and more then you will start taking more pips.
Thanks X-Man..... Make that 135 for the week... I took the EU long on as expected.. So getting there 64 pips for the day... Dancing to the Hardware store to buy my Wheel Barrow.....lol
"It always seems impossible until it is done" Nelson Mandela
  • #5,179
  • Feb 21, 2012 8:50pm Feb 21, 2012 8:50pm
Quoting Erebus
Looks like this one here, it is very, very good, put 1 instance on chart for each session you need to display, but I'm not sure how he got the writing on top of each session,
My live trading is on FXCM Micro account... Its a session indicator that I down loaded from there.. has a lua extension, but if anyone wants it i can upload it no problem.
"It always seems impossible until it is done" Nelson Mandela
  • #5,180
  • Feb 21, 2012 9:05pm Feb 21, 2012 9:05pm
Quoting lotapips
Rhino 101.........would you PLEASE post the session time display so i can download it atach to my chart. tnanks Don

Hi Don.. Its off FXCM, so not an mt4 file, but a lua extension.. do you want it??
"It always seems impossible until it is done" Nelson Mandela
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