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Quoting Liberum
Looks like we are going short today.

Red candle
TDI is about to cross
MBL in downtrend
The Lone Ranger says, “Tonto, we're surrounded by Indians!”

Tonto says, “What to you mean ‘we,’ white man?”

Forget about London Open? Are you tell me that all my analysis for Swissy short is wrong?

If you chase two rabbits, you will catch neither one!
Brain Surgery Return This Year: 21.4%
H4 is long...
I wont go short yet, we need more info.
If you look at the red line in TDI it is quite curled pointing to the roof.That meaning green will often bounce and point up too.We'll see.
I for a long, still think there is more bull in this...
Attached Image
Hi,

Take a look at Day chart at Tokyo open today..
Is that a reversal setup or just a price pullback?
If reversal, then you sell high.
Otherwise, buy low.

Tricky day, when many tell me USD is weak?????
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 28 feb D1 view 28-2-2012 8-00-35 AM.png Size: 15 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
I am in for long already..
Quite ok long setups on H4 for E/J, U/J, G/J.
Sorry to derail from E/U
Quoting Erebus
The Lone Ranger says, “Tonto, we're surrounded by Indians!”

Tonto says, “What to you mean ‘we,’ white man?”

Forget about London Open? Are you tell me that all my analysis for Swissy short is wrong?


ha ha ...
Lone Ranger replies:
"me white man....me talking to my horse, your horse also surrounded by your Indians"

you threw a spanner into the works!...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Hi,
I know we suppose to trade S3 H1 EU, but while waiting...why not take 20pips from its British cousin ...EURGBP.
1pip =15usd

Try it!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting emmanuel7788
Hi,
I know we suppose to trade S3 H1 EU, but while waiting...why not take 20pips from its British cousin ...EURGBP.
1pip =15usd

Try it!
Hello,
Yes, on EURGBP there is three lines upward :-)
Attached Image
Quoting emmanuel7788
Hi,
I know we suppose to trade S3 H1 EU, but while waiting...why not take 20pips from its British cousin ...EURGBP.
1pip =15usd

Try it!
but it's seems that even with a short signal the pair a still looking for a direction.
Hi

Can someone help me attaching the same London and NY session box indicator of Phx62 templates?

Thanks and +pips
To everyone,
Yesterday I read a post from an experienced trader which got me thinking, as there is no harm in sharing, here it is;

"In order to trade lower time frames, the next time frame up must have decent momentum."

Pretty straight forward, but I have never thought to check for momentum on higher TF, only direction.
Quoting tugabulls
Hi

Can someone help me attaching the same London and NY session box indicator of Phx62 templates?

Thanks and +pips
Try the i-Sessions indicator in post #1
so we may be setting up for a short trade.

 

  1. possibily a lower high on H1 developing
  2. if this candle continues to run out of steam may be a cross on TDI
  3. TDI above 50, close to 68

any coments?

Keep It Simple Stupid
Out of my trade with a nice profit.

One thing that I think is overlooked in terms of money management, is that trade setup ratio needs to be taken into consideration.

If you look at the last trade that I took, the stop loss distance was very close to where current price was... if you are calculating your risk per trade based on your stop loss then you really don't need many pips in your favour to reach a desired target.

I believe that each trade should be based on the setup in question and the stop loss you calculate for that particular trade.

Stating pip profit is pointless if you are using this type of money management method. It's relative to the stop loss distance you calulated when first entering the trade, and this should be taken into consideration if you are using this type of money management scheme.
Quoting jasonnevis
Out of my trade with a nice profit.

One thing that I think is overlooked in terms of money management, is that trade setup ratio needs to be taken into consideration.

If you look at the last trade that I took, the stop loss distance was very close to where current price was... if you are calculating your risk per trade based on your stop loss then you really don't need many pips in your favour to reach a desired target.

I believe that each trade should be based on the setup in question and the stop loss you calculate for that particular...
Picture to illustrate, ratio of stop to exit.
Attached Image
Quoting jasonnevis
Out of my trade with a nice profit.

One thing that I think is overlooked in terms of money management, is that trade setup ratio needs to be taken into consideration.

If you look at the last trade that I took, the stop loss distance was very close to where current price was... if you are calculating your risk per trade based on your stop loss then you really don't need many pips in your favour to reach a desired target.

I believe that each trade should be based on the setup in question and the stop loss you calculate for that particular...
Hi jasonnevis,

You are correct. I agree totally.
It is the Expectancy which is one of the performance factors we look for in any system.

Do some more research and reading into system design.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Now this is that paricular H1 bar which the market is asking that same question everytime.

Do you want the market to leave you behind?
Or
Do you want the market to take you along?

decision , decision,decision, ....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting Gwsands
Try the i-Sessions indicator in post #1
Thanks
Quoting emmanuel7788
Now this is that paricular H1 bar which the market is asking that same question everytime.

Do you want the market to leave you behind?
Or
Do you want the market to take you along?

decision , decision,decision, ....
Hopefully I will be taken along, short based on price action.
Attached Image
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