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  • #5,521
  • Feb 27, 2012 5:17am Feb 27, 2012 5:17am
my plan after i screw up LO, i will wait till NY session, it the PA pierce the support line at 1.3385, i would go short n close my trade before the red news come up, if it bounce hard at the support level or the retracement line, i will go long. got 1 hour before the red news appear.. =D

correct me if im wrong, (learning in progress)
  • #5,522
  • Feb 27, 2012 5:22am Feb 27, 2012 5:22am
I shorted on H4 AUDJYP, GBPJYP, and EURJYP due to channel bounce and tdi crossing down.. Anyone same boat with me?
  • #5,523
  • Feb 27, 2012 5:24am Feb 27, 2012 5:24am
Close my short for +45, also closed cadjpy for +40, good start for the week. Trading smarter this week as last week was not good for me as i broke my trade plan. Sometimes our minds drift and makes you do stupid things, i am an aggressive trader but last week i was to aggressive and it got me in trouble, will be a smarter trader this week and get back on my winning track. "Patience Grasshopper Patience".
  • #5,524
  • Feb 27, 2012 5:31am Feb 27, 2012 5:31am
Quoting leong_87
I shorted on H4 AUDJYP, GBPJYP, and EURJYP due to channel bounce and tdi crossing down.. Anyone same boat with me?
i went short on AUD JYP, but i don't see GBPJYP and EURJYP. what i see that it went pass the chi channel..

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 37 KB
  • #5,525
  • Feb 27, 2012 5:37am Feb 27, 2012 5:37am
Hi everyone, I found this daily pivot that does not draw horizontal lines across the chart.

It's good for brokers with zero GMT shift. As my broker is GMT +2, I noted there seems to have an error!!

Can any kind coder rectify the GMT shift problem so the rest of the community can benefit from it.

Thank you.
Attached Image (click to enlarge)
Click to Enlarge Name: Pivot_DOTS.jpg Size: 39 KB
Attached File(s)
File Type: mq4 Pivot_DOTS .mq4   10 KB | 516 downloads
  • #5,526
  • Feb 27, 2012 5:38am Feb 27, 2012 5:38am
Quoting leong_87
I shorted on H4 AUDJYP, GBPJYP, and EURJYP due to channel bounce and tdi crossing down.. Anyone same boat with me?

these JPY pairs H4 setup were very obvious when Tokyo open this morning, even without using the SHi channel which I don't use at all.
Now you need to manage to get maximum profit, that is the challenge for you.

Good Trading!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #5,527
  • Feb 27, 2012 5:42am Feb 27, 2012 5:42am
Quoting leong_87
I shorted on H4 AUDJYP, GBPJYP, and EURJYP due to channel bounce and tdi crossing down.. Anyone same boat with me?
Cashed on some decent pips from shorting earlier this morning E/J, U/J, G/J but they were TMS classic H4 entries with TDI crossover, well over level 68(TDI), pointing down.
Should I had more patience I'd have had more than 200 pips from all 3 cummulated
I just dont have any patience AT ALL!
  • #5,528
  • Feb 27, 2012 5:42am Feb 27, 2012 5:42am
audjpy,eurjpy and cadjpy bounced off the support level is what i see on the H1, actually all are heading back North.
On cadjpy TDI seems to be bouncing off the 32, possibility of a long coming up but it has not crossed the red yet, will wait till it crosses.
  • #5,529
  • Feb 27, 2012 5:46am Feb 27, 2012 5:46am
Quoting Star178
Hi everyone, I found this daily pivot that does not draw horizontal lines across the chart.

It's good for brokers with zero GMT shift. As my broker is GMT +2, I noted there seems to have an error!!

Can any kind coder rectify the GMT shift problem so the rest of the community can benefit from it.

Thank you.
that is already in the indicator properties settings
just change the GMT shift to 2 for GMT+2
Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #5,530
  • Feb 27, 2012 6:05am Feb 27, 2012 6:05am
EUR/USD Intraday Technical Levels for February 27, 2012

TODAY's TECHNICAL LEVELS:

Breakout BUY Level : 1.3524.

Strong Resistance : 1.3516.

Original Resistance : 1.3503.

Inner Sell Area : 1.3490.

Target Inner Area : 1.3458.

Inner Buy Area : 1.3426.

Original Support : 1.3413.

Strong Support : 1.3400.

Breakout SELL Level : 1.3392.


DESCRIPTION :

Today EUR/USD has support and resistance at 1.3413 and 1.3503 and is accompanied by strong support at 1.3400 and by 1.3516 as strong resistance.

If EUR/USD breaks out and closes below a 1.3392-level today, then this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above a 1.3524-level, then this will denote high bullish strength. Alternatively, you can trade in a way to open a BUY position at the level of 1.3426, and at 1.3490– a SELL position, in this case both targets should be located at the level of 1.3458.







Do Breakout SELL Level: 1.3392 can be achieved tonight?
  • #5,531
  • Feb 27, 2012 6:11am Feb 27, 2012 6:11am
Do Breakout SELL Level: 1.3392 can be achieved tonight?[/quote]


yes, with an average day range of 102 pips, and this morning high establishe...I don't see why not.

question is how high will be the pullback be after today' day low is made.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #5,532
  • Feb 27, 2012 6:14am Feb 27, 2012 6:14am
Quoting emmanuel7788

these JPY pairs H4 setup were very obvious when Tokyo open this morning, even without using the SHi channel which I don't use at all.
Now you need to manage to get maximum profit, that is the challenge for you.

Good Trading!
Glad to hear that Emmanuel. But I think i'm a bit late enter, now all price sitting on my open order price. Anyway, how do you exit the swing trade manually? is it wait for new candle first before making any decision?

Thanks!
  • #5,533
  • Feb 27, 2012 6:14am Feb 27, 2012 6:14am
Quoting emmanuel7788
that is already in the indicator properties settings
just change the GMT shift to 2 for GMT+2
Thanks Emmanuel7788.

Below are two charts
1) set at GMT + 0
2) set at GMT + 2

You can spot the error.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Pivot_DOTS GMT+0.jpg Size: 36 KB
Click to Enlarge Name: Pivot_DOTS GMT+2.jpg Size: 35 KB
  • #5,534
  • Feb 27, 2012 6:25am Feb 27, 2012 6:25am
Quoting leong_87
I shorted on H4 AUDJYP, GBPJYP, and EURJYP due to channel bounce and tdi crossing down.. Anyone same boat with me?
i shorted uj,ej,gj and eu on h4 ,only paper trade ,but very encouraging today
also long u chf
lotsa pips
  • #5,535
  • Feb 27, 2012 6:40am Feb 27, 2012 6:40am
Quoting Star178
Thanks Emmanuel7788.

Below are two charts
1) set at GMT + 0
2) set at GMT + 2

You can spot the error.

ok, I see what you meant by problem.
looks like the usual computation error with sunday candles.
I'll have to look into the mql codes later.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #5,536
  • Feb 27, 2012 6:46am Feb 27, 2012 6:46am
  •  sam21
  • | Joined Aug 2010 | Status: Soon to be employed by the market | 125 Posts
my london trade
Attached Image (click to enlarge)
Click to Enlarge Name: NewPicture127.jpg Size: 62 KB
  • #5,537
  • Feb 27, 2012 6:47am Feb 27, 2012 6:47am
Quoting leong_87
Glad to hear that Emmanuel. But I think i'm a bit late enter, now all price sitting on my open order price. Anyway, how do you exit the swing trade manually? is it wait for new candle first before making any decision?

Thanks!

my swing trade are done using H4, so all exits are when H4 candle closed.
I trail the market using initial R. Say if my initial SL is 50pips, that would be R.
In swing trading, when market moved +R, I will exit 60% of my positions at +1R. remaining are moved to BE+.
After that, every H4 close >R, I will protect trailing at -1R.

Hope this helps.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #5,538
  • Feb 27, 2012 7:00am Feb 27, 2012 7:00am
Quoting emmanuel7788
Do Breakout SELL Level: 1.3392 can be achieved tonight?

yes, with an average day range of 102 pips, and this morning high establishe...I don't see why not.

question is how high will be the pullback be after today' day low is made.[/quote]

YES... The Breakout SELL Level : 1.3392 have got broken. Now the wait is also 1.3356. Tq all...
  • #5,539
  • Feb 27, 2012 7:02am Feb 27, 2012 7:02am
guys look at the chart i attached. at LO today(no 2) is strong bullish and TDI cross up. but after a few pips up, it goes down and made the TDI bounce and goes down(and become red candle ). so in this case. should we wait until either the price passing prev candle(no 1) high or low to open the trade?
if i were done that. i should correctly enter short. but is my speculation is right?
Attached Image (click to enlarge)
Click to Enlarge Name: option.png Size: 57 KB
  • #5,540
  • Feb 27, 2012 7:03am Feb 27, 2012 7:03am
Quoting emmanuel7788
my swing trade are done using H4, so all exits are when H4 candle closed.
I trail the market using initial R. Say if my initial SL is 50pips, that would be R.
In swing trading, when market moved +R, I will exit 60% of my positions at +1R. remaining are moved to BE+.
After that, every H4 close >R, I will protect trailing at -1R.

Hope this helps.
Ok, I think I got what you mean. My 3 pairs now is around avg 25 pips, will see how it make on the next open candle.

Anyway, seem like H4 EURAUD has a good entry for short, bounce from top channel, cross down tdi and its a downtrend channel.. Will enter the trade if it close below the top channel in 1 hour later.. Anyone have the same thinking as mine?
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