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Freebie 1 min trading method

  • #441
  • Feb 26, 2012 1:10am Feb 26, 2012 1:10am
Quoting pudseybear
Xstorm, I like your chart and the way you are using HHs method. If its ok with HH could you share your template.
As long as we don"t get away from heiken ashi candles, that is what this thread is basically about. If someone wants a template pm each other.
  • #442
  • Feb 26, 2012 4:31am Feb 26, 2012 4:31am
Quoting hharrington
As long as we don"t get away from heiken ashi candles, that is what this thread is basically about. If someone wants a template pm each other.
Thanks HH. I tried not to ask Xstorm for his template on this thread, but his PM is not functional yet

By the way, I forgot to mention that I'm really impressed with you sharing your methods and teaching.
  • #443
  • Feb 26, 2012 4:06pm Feb 26, 2012 4:06pm
Folks, I welcome ideas about trading. But lets keep this thread focused on support and resistance, Price action trading with trend lines, and using HA for trend on any time frame. Have fun

HH
  • #444
  • Feb 26, 2012 6:50pm Feb 26, 2012 6:50pm
Hello guys this is my thinking at the moment, new week, good luck to all, here my 4H outlook on the EURUSD, and the 5M entry, a little risky because the strong up move but since we don't have a cristal ball, we have to find enoygh reason to pull the trigger
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 4H EURUSD.png Size: 40 KB
Click to Enlarge Name: 5M EURUSD.png Size: 58 KB
  • #445
  • Feb 26, 2012 7:10pm Feb 26, 2012 7:10pm
GBPUSD short also...
Attached Image (click to enlarge)
Click to Enlarge Name: 5M GU.png Size: 45 KB
  • #446
  • Feb 26, 2012 7:29pm Feb 26, 2012 7:29pm
Regarding my template: Nothing really special about it. I use semaphors, trendlines, Heiken Ashi MA T3 new, MML and of course the arrzz. Probably what you are seeing that stands out is the auto fib zones, which colors in the daily high and low zones where price is most likely to reverse. The Bobokus does the same except that it the typical fibo tool that seems adjust to the last high and low. The auto fib zone only adjust to the average range for whatever TF that you are using.

Please be aware that in a strongly trending market, it will expand or adjust to include the new price range. If you are an aggressive trader (early entry) this may not be the tool for you. But if you follow HH trading style of lower high or higher low entries, they both work!
Attached File(s)
File Type: mq4 AutoFib TradeZones.mq4   8 KB | 1,042 downloads
  • #447
  • Feb 27, 2012 4:26am Feb 27, 2012 4:26am
I was Stopped out on my GBPCHF move. So far no winners.
I think its easy to show a trending market and show how the system collects the pips ... but frankly speaking what MA system does not work when the market is trending ?
Problem is that market 50% is not trending.

Next time you want to post a trade ... post it while its live dont just cherry pick.
  • #448
  • Feb 27, 2012 4:28am Feb 27, 2012 4:28am
Quoting hharrington
I have been trading forex for 9 years, and my favorite time frame is the 1 min
1 min is one of the time frames preferred by traders but it does not help in all trading strategies.
  • #449
  • Feb 27, 2012 5:36am Feb 27, 2012 5:36am
i thought this pervert was banned
Quoting Freddyfx
You should post that in red capital letters in the first post.

Some people just DO NOT have what it takes to become a trader; not everybody will make it to become a surgeon.
  • #450
  • Feb 27, 2012 6:15am Feb 27, 2012 6:15am
Quoting DrLobo
I was Stopped out on my GBPCHF move. So far no winners.
I think its easy to show a trending market and show how the system collects the pips ... but frankly speaking what MA system does not work when the market is trending ?
Problem is that market 50% is not trending.

Next time you want to post a trade ... post it while its live dont just cherry pick.
Hello Dr. Lobo, if you had no winners yet it is because you have not got the system yet, you have to practice it for a while, i have made 5 trades since i started reading this thread and all those 5 are closed positive, you will not find any system that works under both conditions, trending and ranging, that is why you have to lear how to identify a trend and how to identify a range, and only then you can trade succesfully with any, and i mean any system, today i told you guys when the market opened what i was expecting to happen, and i post my trades the moment i triggered them, and both of them are now closed +50 and +20, so you can't tell me i haven't posted them live, learn how to trade my friend and any indicator system will work like a charm, Support, resistance, fibs, trendlines, etc know what the market is doing and you will be very succesful with any indicator you choose, i don't mean to be rude, but if you are expecting to just use this system without all the necessary knowledge that come behind in trading, better go find some commercial signal service and do as they tell you..., if you really want to learn stick here for a while and things will get better eventually, cheers my friend...
  • #451
  • Feb 27, 2012 7:27am Feb 27, 2012 7:27am
Quoting robby2007
Hello Dr. Lobo, if you had no winners yet it is because you have not got the system yet, you have to practice it for a while, i have made 5 trades since i started reading this thread and all those 5 are closed positive, you will not find any system that works under both conditions, trending and ranging, that is why you have to lear how to identify a trend and how to identify a range, and only then you can trade succesfully with any, and i mean any system, today i told you guys when the market opened what i was expecting to happen, and i post my...
Well said Robby
  • #452
  • Feb 27, 2012 7:35am Feb 27, 2012 7:35am
Quoting DrLobo
i thought this pervert was banned
This year will does our Tenth????..... YES...........

Cheers !!!!

กกกก HALA MADRID !!!!!
  • #453
  • Feb 27, 2012 7:40am Feb 27, 2012 7:40am
El Decimo !!!!

hala madrid !

Quoting chaveznqoos
This year will does our Tenth????..... YES...........

Cheers !!!!

กกกก HALA MADRID !!!!!
  • #454
  • Feb 27, 2012 7:41am Feb 27, 2012 7:41am
Quoting henryduncan1
1 min is one of the time frames preferred by traders but it does not help in all trading strategies.
It certainly helps if you are in a 1 min trade and the market decides to turn at that point. What is your point Henryduncan? If you have a point. We talk about all time frames here.
  • #455
  • Feb 27, 2012 7:42am Feb 27, 2012 7:42am
When I first started trading, I analyzed the daily and 4hr and made entries on the 5min. (I was fortunate to have a mentor to help me grasp FX concepts rather fast.) I quickly discovered, that I did not have the nerves it takes to be a swing trader, or the patience to wait for 4hr or daily setups BUT they were some of the best trades I'd ever taken!

My trading philosophy has transitioned to "each time frame tells its own truth". It is absolutely fantastic to see HH's bottom up system and your top down analysis working together!

Kudos on the great call on the eur/usd yesterday! I followed your trade yesterday....
Attached Image (click to enlarge)
Click to Enlarge Name: EU 4hr.jpg Size: 107 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EU 5m.jpg Size: 104 KB


The 5min chart shows the whole move down from yesterday.
Happy Trading!
  • #456
  • Feb 27, 2012 7:43am Feb 27, 2012 7:43am
Quoting hharrington
Well said Robby
fair enough dont really want to become a troll I wish you all good luck ... I actually like the indicators but taking blind trades will not work over time so i am trying a way to mix this scalping strategy with leading indicators such as TL or harmonics.

If I come up with something interesting I will share.
  • #457
  • Feb 27, 2012 7:47am Feb 27, 2012 7:47am
XStorm you could post the tpl file for your graphics?
  • #458
  • Feb 27, 2012 8:05am Feb 27, 2012 8:05am
Quoting gtudor
XStorm you could post the tpl file for your graphics?
He already did some posts ago, don't be lazy guys
  • #459
  • Feb 27, 2012 8:16am Feb 27, 2012 8:16am
Here you go. Same system just different indicators. Blue template is for TF 30m and above. Green is good for 1, 5, 15 min. You have to choose your own oscillators.... I use the ones HH has provided.

Happy Trading!
Attached File(s)
File Type: zip XStorm.zip   217 KB | 2,028 downloads
  • #460
  • Feb 27, 2012 8:30am Feb 27, 2012 8:30am
The 5 sing ZZ 2 has an top/bottom alert that cannot be switched off. But I keep it because it only shows up when a major swing is about to occur. But please keep in mind that it is still a dynamic indicator and WILL adjust to price action. So you must follow HH's system on trading semaphors and HA to avoid the fakeouts as much as possible!
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