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  • #5,641
  • Feb 28, 2012 6:09am Feb 28, 2012 6:09am
The 4 hour candle just finished a few moment back. Is this a valid signal friends?

DD
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  • #5,642
  • Feb 28, 2012 6:28am Feb 28, 2012 6:28am
Dildubai have you right Channel Loaded?
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  • #5,643
  • Feb 28, 2012 6:28am Feb 28, 2012 6:28am
Wondering if i have enough confirmation for go short....
  • #5,644
  • Feb 28, 2012 6:40am Feb 28, 2012 6:40am
I have loaded the Sonic SHI Channel MTF. TF 1440 and All Bars 1440.

Perhaps I should have loaded the ALL BArs as 240 on the 4 hour chart?

DD
  • #5,645
  • Feb 28, 2012 7:15am Feb 28, 2012 7:15am
Quoting emmanuel7788
Hi Liberum,

ok I will email you.

it is a .lua type file and FF does not allow upload of such files.

It can also be downloaded from the TS forum site...
http://fxcodebase.com/code/viewforum.php?f=17&start=325

actually lots of stuff there.... for dowloading.

Cheers!
hi Emmanuel,

Do you have the synergy APB indicator for Trading Station??, after checking the above site i couldn't find it...
Regards!
  • #5,646
  • Feb 28, 2012 7:37am Feb 28, 2012 7:37am
Hmmmm, pretty bad numbers from the US killed the starting downtrend (short term). US Jan Durable Goods Orders falls 4% and ex Transportation decreases 3.2%

Hope it can continue after the news is absorbed
  • #5,647
  • Feb 28, 2012 7:37am Feb 28, 2012 7:37am
Quoting ljin
what kind of confirmation that you are waiting? is not that in h4 the price bounce the channel? and h1 show it is going short soon right with TDI cross down and at LO the price testing upper channel and bounce back?

but if we see the result. you are still right to not enter short yet. currently still stuck on 8 pip profit.
what make you feel that market still bullish? is it because TDI is higher than MBL?

* sry if i ask too many question
We in an upward trend so theres more bulls. Higher lows
If you want more conformation then you can see PA is above the 200EMA and TDI above market base line
X-man the legendary conqueror of markets
  • #5,648
  • Feb 28, 2012 7:47am Feb 28, 2012 7:47am
Quoting Cun
Excellent trades and excellent post as usual. Really appreciate it.

Phx62 when you analyze PA do you look at the APB candles only as presented in the screenshots, or do you also peek at the normal Japanese candles for other details? Thanks.
I just use the APB candles....I like the way they smooth out the market....in analysing the market, I look for wicks on the APB candles....how long are they....are they only on one end or are they on both ends of the candle....etc.
  • #5,649
  • Feb 28, 2012 7:55am Feb 28, 2012 7:55am
Quoting cajun
phx62, i noticed you set your SL & TP at 50 which is pretty much what i shoot for, my question is do you consider any obstacles in between like S&R, Channel etc., I noticed a lot of different ways people set there SL & TP, i like to set mine above or below S&R but sometimes this gives me less than 50 as it bounces most of the time.
Or do you just set it and don't worry about the obstacles, i just find myself leaving money on the table especially if there is no bounce and it continues, then i have to re-enter. Would appreciate your input or anyone's...
The 50 pip SL that I use is basically an EMERGENCY SL. I consider all the "obstacles", as well and if I am not going to monitor the trade, I will adjust the SL according to what I see. I try to get into the trades at least 20 or 30 pips before making a change to the SL and/or TP.
  • #5,650
  • Feb 28, 2012 8:01am Feb 28, 2012 8:01am
Think there is the breakout to the downside now?
  • #5,651
  • Feb 28, 2012 8:04am Feb 28, 2012 8:04am
Looks like the TDI cross over in H1 with red candle for EURUSD?
  • #5,652
  • Feb 28, 2012 8:08am Feb 28, 2012 8:08am
Hi Phx,

Can you tell us a bit about your style of assesing PA?Just to pinpoint, a summary of what you look for.

I'm pretty sure some people here, if not many, are pretty dizzy with this term and they want to know more about it from you and X-Man when trading a system that uses average price bars and not classic japanese candlesticks.

Do you use japanese candlesticks at all when assesing PA(I do, I have a chart open with E/U H1 japanese candlesticks and look there for classical candle formations for more confirmation) ?

Do you use candle formations, chart patterns, 1-2-3 UP/Down, 1-2-3 top/bottm reversals, engulfing, IVB, OVB, etc..

Bottomline, I think we need to update a document with what means PA IS KING when related to this system so people know exactly for what should look for, THEN confirm with TDI!

Thanks!
  • #5,653
  • Feb 28, 2012 8:20am Feb 28, 2012 8:20am
even is the market are ranging,
looking on the 4H there is a up trend trying to breake out,

can we talk about a pullback candle? ( look the chart below):

a long trade at this moment could be protect by a very tight SL and at least we could won some pips near the R1 ( say me if i m wrong)
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  • #5,654
  • Feb 28, 2012 8:22am Feb 28, 2012 8:22am
Come on people, make the effort and read this thread!

If you have questions afterwards, THEN post them. Otherwise this thread turns into one of the countless threads here in the forum where just "newbies" (I also consider myself a newbie) post anymore because the "good" and experienced traders left the thread.

What would you do if you get spammed with questions everybody could extract out of the thread? The main occupation of Phx62 and Co is not maintaining this thread... so maybe think twice about posting some questions just out of lazyness.

My 0.02 $...
  • #5,655
  • Feb 28, 2012 8:27am Feb 28, 2012 8:27am
Quoting X-Man
We in an upward trend so theres more bulls. Higher lows
If you want more conformation then you can see PA is above the 200EMA and TDI above market base line
hello, what tf of trend did you use? i use daily trend and the trend was downward and just bounce from the channel. but true TDI above MBL.
did you often trade when TDI below MBL for short?
  • #5,656
  • Feb 28, 2012 8:29am Feb 28, 2012 8:29am
Hi, can someone point me in the direction of the 200EMA indicator i have looked at attachments section and can't seem to find it. If it's not in there and I need to do it myself can someone just let me know what I need to do.

Thanks in advance
  • #5,657
  • Feb 28, 2012 8:30am Feb 28, 2012 8:30am
Are you talking about EURUSD? My daily channel is up and is not that close to the channel...

Quoting ljin
hello, what tf of trend did you use? i use daily trend and the trend was downward and just bounce from the channel. but true TDI above MBL.
did you often trade when TDI below MBL for short?
  • #5,658
  • Feb 28, 2012 8:31am Feb 28, 2012 8:31am
Quoting Strategy_xy
Come on people, make the effort and read this thread!

If you have questions afterwards, THEN post them. Otherwise this thread turns into one of the countless threads here in the forum where just "newbies" (I also consider myself a newbie) post anymore because the "good" and experienced traders left the thread.

What would you do if you get spammed with questions everybody could extract out of the thread? The main occupation of Phx62 and Co is not maintaining this thread... so maybe think twice about posting some questions just out of lazyness.

My...
I read this thread from the beginnig, and it's appear easier to fund an answer when you look at a past charts, but when the action is just going on, is not so simple to judge it,

i try to not make rubbish posts, and i'm sorry if you consider theme like this,

you can ask for post in a perfect english , and you'll be right but, as it's not my native language trust me , i'm trying to do my best.

regards
  • #5,659
  • Feb 28, 2012 8:38am Feb 28, 2012 8:38am
Quoting D.d.
I read this thread from the beginnig, and it's appear easier to fund an answer when you look at a past charts, but when the action is just going on, is not so simple to judge it,

i try to not make rubbish posts, and i'm sorry if you consider theme like this,

you can ask for post in a perfect english , and you'll be right but, as it's not my native language trust me , i'm trying to do my best.

regards
Actually I was not referring to you, it was coincidence that you posted shortly before my post.

Itīs also not the level of the English language, I meant the questions that some people are posting here...

I just do not want this thread to turn down like many other good threads before...
  • #5,660
  • Feb 28, 2012 8:40am Feb 28, 2012 8:40am
you put 200 ema in yourself from your indicators within mt4
if you have not used a template.
look in navigator of mt4 then indicators moving average drag it over into chart and set 200 ema
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