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  • #5,361
  • Feb 23, 2012 7:27am Feb 23, 2012 7:27am
Quoting josh11
On the 30min chart there is also bullish divergence
Josh is our 30min angel ...

How not to trade multi-time frame here?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #5,362
  • Feb 23, 2012 7:44am Feb 23, 2012 7:44am
[quote=emmanuel7788;5412636]Josh is our 30min angel ...

Trying to help all get there wheelbarrow as x-man states

Keep up the wonderful wrk mate
  • #5,363
  • Feb 23, 2012 7:57am Feb 23, 2012 7:57am
Quoting HITMAN
Phx62 Trades Collected in PDF file ...
Enjoy
seem to be an issue with this file mate.
Keep It Simple Stupid
  • #5,364
  • Feb 23, 2012 7:58am Feb 23, 2012 7:58am
as you can see the current 1H EU candle is very indesicive thats becuase Emmauel (Bull) is going long and im (Bear) going short so theres a stand off right now LOL

The battle is intense.
X-man the legendary conqueror of markets
  • #5,365
  • Feb 23, 2012 8:01am Feb 23, 2012 8:01am
Quoting X-Man
as you can see the current 1H EU candle is very indesicive thats becuase Emmauel (Bull) is going long and im (Bear) going short so theres a stand off right now LOL

The battle is intense.

well, shall I close my Bull and you all go short.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #5,366
  • Feb 23, 2012 8:06am Feb 23, 2012 8:06am
Quoting emmanuel7788
well, shall I close my Bull and you all go short.
LOL you holding such a huge account that you will have to close just so a million traders can go short.
X-man the legendary conqueror of markets
  • #5,367
  • Feb 23, 2012 8:13am Feb 23, 2012 8:13am
Hi X Man & all fellow traders

I have gone through first 70-80 pages of this thread & found it great. Even I had
1 winning trade (+33) in GU using the rules of H1.
I will be here regular in NY session as other session day job.
  • #5,368
  • Feb 23, 2012 8:14am Feb 23, 2012 8:14am
Quoting Alastair
seem to be an issue with this file mate.
i try it ..it work ..!
  • #5,369
  • Edited 8:50am Feb 23, 2012 8:17am | Edited 8:50am
There's also a weekend gap at 3170 that hasn't filled. They often act like price magnets.
  • #5,370
  • Feb 23, 2012 8:21am Feb 23, 2012 8:21am
I'm also in Bearish, maybe we could pool all our Bearish money together and beat Emmanuels Bull.
  • #5,371
  • Feb 23, 2012 8:33am Feb 23, 2012 8:33am
I dont see anything bearish unless you systematically went short just because the tdi crossed down and you had red candles. Maybe wrong though...we will see.
  • #5,372
  • Feb 23, 2012 8:35am Feb 23, 2012 8:35am
Quoting cajun
I'm also in Bearish, maybe we could pool all our Bearish money together and beat Emmanuels Bull.

so, finally you did it.

-10 on the gbp usd
  • #5,373
  • Feb 23, 2012 8:38am Feb 23, 2012 8:38am
Hi, although i am new to posting but I have been reading and trying out the TDI since Big E and X man's thread.

I noticed that TDI is effective in 1-2 hrs before NY opens using T1H timeframe, whereas for London, it is better to use T4H.

So the bearish signal for TDI is based on T1H before NY start. Just my 2 cents worth of thought.
  • #5,374
  • Feb 23, 2012 8:40am Feb 23, 2012 8:40am
I got scared of the Bull, cashed in for +10. Will sit out a while till we get a trend or look for another setup.
  • #5,375
  • Feb 23, 2012 8:43am Feb 23, 2012 8:43am
Quoting HITMAN
Phx62 Trades Collected in PDF file ...
Enjoy
Hitman thank you for the pdf and phx62 thanks for the trades - together this makes a great learning and reference tool
  • #5,376
  • Feb 23, 2012 8:46am Feb 23, 2012 8:46am
Quoting emmanuel7788
Hi,

My trade open today. Now partial exit took profit +30pips, remaining position protected at BE. Will now manage to maximise profit. This week ' range is still possible.

Trade well!
I am not a big fan of moving trades to BE, however, never kept a record of what the impact on bottom line would be if I move my trades to BE.

By any chance, have you tested the approach of moving to BE versus letting the trade run or close it completely once price reach FTA ??
Forex is boring but profitable with patience and discipline
  • #5,377
  • Feb 23, 2012 8:47am Feb 23, 2012 8:47am
guys, i have a question, i saw that hale mary, PX62 and others use a sort of indicator, that shows the trade direction and the number of pips, where can i get it? or its a simple MT4 option

thanks in advance
  • #5,378
  • Feb 23, 2012 9:10am Feb 23, 2012 9:10am
Quoting prftablefool
I am not a big fan of moving trades to BE, however, never kept a record of what the impact on bottom line would be if I move my trades to BE.

By any chance, have you tested the approach of moving to BE versus letting the trade run or close it completely once price reach FTA ??
Some good advice is to always protect your profits.

If you 300 pips up and you didnt lock anything that means that profit aint yours at all until you take it.
You can say to yourself that ill leave it to go to 400 etc but you can come back and see all gone to 0 or hit SL.

So that 300 pips was never really in your account until you say i want it.

My strategy is you lock everything at 1:1 and say to yourself that tomorrow is another day i just took what i need for today and be happy.
Or you can lock in half at 1:1 and let the second half run until 1:2.

If i lock in half of what the market produces then im a happy trader. If i take 50 pips out of a 100pip run im happy.

If you moving SL to BE then it must be reasonable where you wont get stopped out at BE few minutes after moving SL because you have to give your trade room to breathe
X-man the legendary conqueror of markets
  • #5,379
  • Feb 23, 2012 9:35am Feb 23, 2012 9:35am
Quoting X-Man
Some good advice is to always protect your profits.

If you 300 pips up and you didnt lock anything that means that profit aint yours at all until you take it.
You can say to yourself that ill leave it to go to 400 etc but you can come back and see all gone to 0 or hit SL.

So that 300 pips was never really in your account until you say i want it.

[size=3][color=blue]My strategy is you lock everything at...
Well said X-MAN, that's exactly the way i trade=Take The Money And Run
I am happy with taking 50/day if the market wants to give me more i will take it, sometimes i will get in a trade and if i don't see it moving much after a certain amount of time or if i get tired of looking at it in the same position then i will take whatever profit it gives me and run.
Most of my days unless we have big movements is how i reach my 50 in a day by scalping the small movements when there is no trend.
As others have said, everyone has there own style and most are making money with there style, i believe in rules but they are made to be broken especially when it comes to surviving and making money.
Some people here are strictly by the rules and i don't have a problem with that but i see they are leaving money on the table. If they would learn to even bend the rules once in a while they would make much more.
Hell, i even see X-MAN breaking or bending his own rules to make a buck.

Good Luck
  • #5,380
  • Feb 23, 2012 9:44am Feb 23, 2012 9:44am
Quoting HITMAN
Phx62 Trades Collected in PDF file ...
Enjoy
Thank you Hitman. This is a Magnificent post.
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