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True Trading Tactics

  • #821
  • Feb 23, 2012 7:53am Feb 23, 2012 7:53am
Quoting FOURX
hey Kraven

the EJ pinbar 3 bars before your entry must have been a short signal, why did you not take it?
no. why was that an entry? post a pic for me FourX
  • #822
  • Feb 23, 2012 7:58am Feb 23, 2012 7:58am
It's not an entry, sorry K
  • #823
  • Feb 23, 2012 8:07am Feb 23, 2012 8:07am
Quoting FOURX
It's not an entry, sorry K
  • #824
  • Feb 23, 2012 8:24am Feb 23, 2012 8:24am
Quoting cce
Caillou...
If it's not to much trouble, could you please highlite your entries and exits on the 15m chart that was posted with your comment...
I'm not sure I'm seeing it correctly...
Like the idea of using the 15m TF but keep missing the proper entry/exit...
Appreciate your input...
Thanks much
Cliff
Hi Cliff,

Just follow post 5. TP=SL, R:R=1:1.

And yes, it´s better to focuse on H1 here, less confusion.......

Thank you Kraven
  • #825
  • Feb 23, 2012 9:41am Feb 23, 2012 9:41am
Quoting dzero
Hi there,

Can i ask if some one can explane how you are managing tread in this situation, when after opening position next candle give opposite signal. This example is from yesterday EJ 1h chart.

Thank you in advance!

  1. Entry criteria in the strong trend dan pullback (6 bars in the same colour). But after all is just about the trend. Post#258

  1. Re-entry criteria in the strong trend dan pullback (3 bars in the same colour). But after all is just about the trend. Post #258

  1. Sometime you got it reversed if the reverse candle exceed bars number of the strong trend. Post#259

  1. Average Daily Range.

fooled by randomness in art
Meditation All Time Return: 8.9%
  • #826
  • Feb 23, 2012 9:49am Feb 23, 2012 9:49am
just seen I got stopped out of GU.
  • #827
  • Feb 23, 2012 9:52am Feb 23, 2012 9:52am
Quoting kraven
just seen I got stopped out of GU.
kraven, can I ask what your past results have been like? What's you average profit per week for example?

Also how long have you been trading this method?

Apologies if you have answered these already, I don't remember seeing them...

Many thanks...
  • #828
  • Feb 23, 2012 9:58am Feb 23, 2012 9:58am
Quoting Caillou
Hi Cliff,

Just follow post 5. TP=SL, R:R=1:1.

And yes, it´s better to focuse on H1 here, less confusion.......

Thank you Kraven
Caillou why don't you post your EU 15min results at a given time? Say from london open to NY close each day. maybe you could post a pic including the TTT Signals indi at the bottom for ease of identification (by the way nice 15m trade on EU now)...someone else could do the same for the GU?
  • #829
  • Feb 23, 2012 10:37am Feb 23, 2012 10:37am
Quoting mogulmedia
kraven, can I ask what your past results have been like? What's you average profit per week for example?

Also how long have you been trading this method?

Apologies if you have answered these already, I don't remember seeing them...

Many thanks...
I've been trding this way (consistantly) since Nov. first on the 15m and daily. but found the 15m was conflicting with something else i was trying, plus i had a few chopy moments so i moved to 1hr and Daily.

i trade with 2 accounts. one is a spreadbetting account that i use for the 1hr tf (hence a lot of my 1hr charts are from a MT4 demo account...i watch the demo charts and enter on my spreadbetting account, MT4 charts are much better and easier to use). for daily trades i use a spreadbetting MT4 account (quite unique) this allows me max. flexibility because i can trade for as little as 10p. however i only enter using pending orders as the live execution is terrible...hence daily trades only.

as for profits really hard to say. i am generaly up each week using this system (or i wouldn't be doing it) however some days i don't trade, some entries i miss, so it's hard to compare week to week or even day to day. today i have entered just twice, both kind of cancelling each other out.

if i have a few good results on the 1hr TF and some bad on the daily I can still be ahead because of the bet sizes. yesterday my daily GU hit it's TP for 170pip and the EJ from yesterday is 80plus pips up, but i would have still prefered to have got in the the 1am 1hr trades this morning. but generaly both time frames workout.
  • #830
  • Feb 23, 2012 10:50am Feb 23, 2012 10:50am
I had a setup on GBP CHF on M15 trigger so I am now long and looking for 9+ pips.
  • #831
  • Feb 23, 2012 11:16am Feb 23, 2012 11:16am
Quoting kraven
I've been trding this way (consistantly) since Nov. first on the 15m and daily. but found the 15m was conflicting with something else i was trying, plus i had a few chopy moments so i moved to 1hr and Daily.

i trade with 2 accounts. one is a spreadbetting account that i use for the 1hr tf (hence a lot of my 1hr charts are from a MT4 demo account...i watch the demo charts and enter on my spreadbetting account, MT4 charts are much better and easier to use). for daily trades i use a spreadbetting MT4 account (quite unique) this allows me max. flexibility...
Thanks kraven, keep up the good work!
  • #832
  • Feb 23, 2012 11:26am Feb 23, 2012 11:26am
Quoting RoelsMajor

  1. Entry criteria in the strong trend dan pullback (6 bars in the same colour). But after all is just about the trend. Post#258

  1. Re-entry criteria in the strong trend dan pullback (3 bars in the same colour). But after all is just about the trend. Post #258

  1. Sometime you got it reversed if the reverse candle exceed bars number of the strong trend. Post#259

  1. Average Daily Range.

Thank you RoelsM, nice info got something for my self. Hope to get better results
  • #833
  • Edited Feb 24, 2012 3:36am Feb 23, 2012 9:45pm | Edited Feb 24, 2012 3:36am
Good morning everyone.....
I need some help here if someone coders here could add the % ADR TP target in pips on the ADR indie features setting..... i found that TP target 33.3% ADR and 66.6% ADR in pips from ADR pips today is a good target to reach.....

Also that i found the reversal bars that tend to be more successfull if they have lenght between 15-35 pips.....

Of course this simple research based on H1 TF only.....
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #834
  • Feb 23, 2012 10:13pm Feb 23, 2012 10:13pm
Quoting Chulmleigh
I have a list to hand next to me so I can quickly determine lot size according to stop and % of pot. I Have also put 3 price labels on screen so I can quickly drag them into position and read as I fill out my order as you have to be quick. I have found (with, I must say, limited experience of actually trading this method) that an order works well as At Market has a delay which if the price moves quickly and adds the spread can easily see 5 pips removed from potential which matters.
what do you mean by price labels? i find it rather stressful trading on the smaller time frames since it can take a while sorting out the order i want to place while the price maybe running away...
  • #835
  • Feb 23, 2012 10:18pm Feb 23, 2012 10:18pm
Quoting Chulmleigh
He uses every reversal Trend and Counter Trend.
what's a counter trend?
  • #836
  • Feb 24, 2012 12:55am Feb 24, 2012 12:55am
Looking on GU and EU also AU. Which can be better look from your's side?
  • #837
  • Feb 24, 2012 1:44am Feb 24, 2012 1:44am
GU stop me out, and looks like AU also will be SL hit.

AU also stop out!
  • #838
  • Feb 24, 2012 2:19am Feb 24, 2012 2:19am
Hi Guys, the system Kraven had shared looks good, and I had been subscribing and following, but those reversal candles doesnt occur as frequent as some had posted here in 15mins and H1 charts for my broker, Oanda.

I posted a chart here, can someone point to me if this is valid? Thanks alot.

EDIT: the reversal candle break down at 80.53, and according to this system, i suppose to sell. But i actually waited for the pull back and short it at 80.60 with tight SL at 80.67. I am not sure if this candle valid for shorting as basically it is counter trending. Hope someone can give me some guidance.
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The only winner is the one who survive the longest...
  • #839
  • Feb 24, 2012 3:48am Feb 24, 2012 3:48am
H1 EU, EJ and UChf signals coming?

just added adr indicator to my charts but not too sure how it works. for EJ H1, price is near adr high, does this mean a short signal now is more likely to be good trade? appreciate any replies...tks!
  • #840
  • Feb 24, 2012 4:40am Feb 24, 2012 4:40am
Quoting Omd
H1 EU, EJ and UChf signals coming?

just added adr indicator to my charts but not too sure how it works. for EJ H1, price is near adr high, does this mean a short signal now is more likely to be good trade? appreciate any replies...tks!
EU and UChf peaks got taken out so not signals anymore.
Placed order for EJ breaking downwards..we'll see...
GU now has a potential KRC coming up.
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