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  • #5,881
  • Mar 1, 2012 9:27am Mar 1, 2012 9:27am
Is this S3-H4 setup forming?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDm_H4_strategy name_20120301152246.gif Size: 26 KB
  • #5,882
  • Mar 1, 2012 9:28am Mar 1, 2012 9:28am
head's up on USDJPY,

its happening right now..


cheers
let's skype: @elchinoazul
  • #5,883
  • Mar 1, 2012 9:32am Mar 1, 2012 9:32am
Quoting LazyLobster
Zulu: My comment was meaning to be sarcastic; but has anybody else noticed that when ever he speaks it weakens the dollar? Isn't that counter intuitive being as how he is supposed to be on the side of the US? Right now, the big three are strengthening slightly on the dollar and that seems to be normal.
Yestarday's speech seemed quite USD supporting to me
FED mandate is to sustain US economy. If I was Big Ben I'd try to weaken the dollar to favour exports against China and other BRICs. Guess this is somehow their plan.
  • #5,884
  • Mar 1, 2012 9:37am Mar 1, 2012 9:37am
Quoting Dr_Zulu
Yestarday's speech seemed quite USD supporting to me
FED mandate is to sustain US economy. If I was Big Ben I'd try to weaken the dollar to favour exports against China and other BRICs. Guess this is somehow their plan.

Yeah I had postulated a couple years ago that we were all entering a trade war where the race was to the bottom. We're all fighting over exports.
"IN CASH WE TRUST"
  • #5,885
  • Mar 1, 2012 9:40am Mar 1, 2012 9:40am
Quoting Dr_Zulu
Is this S3-H4 setup forming?
In H4 TF is a good forming, but one rule would be broken, daily PA must be in upward direction, bet it isn't
  • #5,886
  • Mar 1, 2012 9:42am Mar 1, 2012 9:42am
Quoting Dr_Zulu
Isn't Big Ben to give same testimony as yesterday?
No, he usually speak on two days.
First day, he says what the Republicans wants to hear.
Second day, he says what the Democrats wants to hear.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #5,887
  • Mar 1, 2012 9:43am Mar 1, 2012 9:43am
Quoting LazyLobster
Yeah I had postulated a couple years ago that we were all entering a trade war where the race was to the bottom. We're all fighting over exports.
And so it is.
Reading news (on Bloomberg to name one) we notice that everybody and his dog is trying to weaken its currency to boost exports while accusing others to do the same thing.
QEs and Rates slashing speak in a loud voice.
  • #5,888
  • Mar 1, 2012 9:47am Mar 1, 2012 9:47am
Quoting IenDzi
In H4 TF is a good forming, but one rule would be broken, daily PA must be in upward direction, bet it isn't
Daily channel IS in upward direction, isn't it?
  • #5,889
  • Mar 1, 2012 9:51am Mar 1, 2012 9:51am
Hello Guys,
very good thread!
at this momenet i am reading in 85p.

Looks like Usd/Chf ready for sell?

Thank you X-Men for this system
  • #5,890
  • Mar 1, 2012 9:52am Mar 1, 2012 9:52am
Quoting Dr_Zulu
Daily channel IS in upward direction, isn't it?
My indicator shows Channel in downward direction, and PA is going down.
  • #5,891
  • Mar 1, 2012 9:55am Mar 1, 2012 9:55am
Quoting Emidora
Hello Guys,
very good thread!
at this momenet i am reading in 85p.

Looks like Usd/Chf ready for sell?

Thank you X-Men for this system
I noted USD/CHF is perfectly mirroring EUR/USD, so I thought to short the first and/or long the second.
  • #5,892
  • Edited 10:00am Mar 1, 2012 9:58am | Edited 10:00am
Quoting IenDzi
My indicator shows Channel in downward direction, and PA is going down.
Daily trend seems quite upward to me:
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDm_D1_strategy name_20120301155607.gif Size: 23 KB
  • #5,893
  • Mar 1, 2012 10:03am Mar 1, 2012 10:03am
This is my Daily Channel.
Attached Image (click to enlarge)
Click to Enlarge Name: eud.gif Size: 35 KB
  • #5,894
  • Edited 10:07am Mar 1, 2012 10:07am | Edited 10:07am
Quoting IenDzi
This is my Daily Channel.
I get your same channel if I set it in weekly mode (timeframe = 10080).
  • #5,895
  • Mar 1, 2012 10:20am Mar 1, 2012 10:20am
Quoting emmanuel7788
Thank you X-Man.
Originally Posted by X-Man
Excellent video that all traders should watch on the protrader network

http://www.protradenetwork.com/category/videos/

"The Wrong Questions"

Excellent video indeed!
Thank you X-Man and Emmanual for your recomendations.

After viewing the first three videos , I strongly recommend all traders in this forum should view ALL the videos (currently only 27)

Because questions such as how to calculate and set SL and TP levels are answered.
Under which conditions he changes his risk/reward ratio from 1:2 to 1:3
Etc...

He uses Heiken Ashi and TDI.
The moving average on his chart is 90EMA, shift 0, close.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD HA-APB-PT.jpg Size: 174 KB
  • #5,896
  • Mar 1, 2012 10:26am Mar 1, 2012 10:26am
Quoting Star178
Thank you X-Man and Emmanual for your recomendations.

After viewing the first three videos , I strongly recommend all traders in this forum should view ALL the videos (currently only 27)

Because questions such as how to calculate and set SL and TP levels are answered.
Under which conditions he changes his risk/reward ratio from 1:2 to 1:3
Etc...

He uses Heiken Ashi and TDI.
The moving average on his chart is 90EMA, shift 0, close.
I believe he mentioned a 89 ema in the video of February 15.
  • #5,897
  • Mar 1, 2012 10:27am Mar 1, 2012 10:27am
Quoting Dr_Zulu
I noted USD/CHF is perfectly mirroring EUR/USD, so I thought to short the first and/or long the second.
Dr Zulu
These two mirror each other a lot don't they. My concerns are that E/U needs to break the 60MA before the next (entry) candle and both pairs have very flat TDI crosses at the moment which is far from ideal? What do you think?
Attached Image (click to enlarge)
Click to Enlarge Name: eu h4.gif Size: 14 KB
Attached Image
  • #5,898
  • Mar 1, 2012 10:35am Mar 1, 2012 10:35am
Quoting Liberum
I believe he mentioned a 89 ema in the video of February 15.
Thanks Liberum for the update, I have not that video yet.
My conclusion was based on the 90ema crossing the PA at various points matches that on his chart.
  • #5,899
  • Edited 11:41am Mar 1, 2012 10:40am | Edited 11:41am
Two nice EU M15 trades this morning on crosses of the TDI for a total of 63 pips....Also picked up 75 more on the EJ M15....
The lines on my chart are something I am testing right now and are not a part of this trading system. I won't answer questions on them right now.

The 2nd vertical line is in the wrong place...it should be over the entry candle of the 2nd trade.
Attached Image (click to enlarge)
Click to Enlarge Name: 2012.3.1 EU M15.gif Size: 88 KB
  • #5,900
  • Mar 1, 2012 10:45am Mar 1, 2012 10:45am
Well, still long GU but it's up and down like a tart's drawers. As far as TDI goes on H4, nothing very impressive has transpired. It has broken the H1 down though so still waiting to see if this turns a decent or mediocre profit.
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