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Freebie 1 min trading method

  • #541
  • Mar 7, 2012 9:33am Mar 7, 2012 9:33am
Aud/Usd looked crazy this morning at 12:00 gmt. Decided to wait until after the USD news. Dropped down to 1min chart because I didnt plan to be in the market long today. It's hump day and I am starting to feel drained.

Sorry to post my chart after the fact because I like to show what I do/did and why I do/did it. (I figure if I am wrong, someone will stop my madness!) But nevertheless here is the aud/usd. There was great confluence at the 5/8 (range top) and the NLRC. Bottom indies agreed with the move so I jumped in on my trigger which was the MA crossover.

Attached Image (click to enlarge)
Click to Enlarge Name: aud confluence.jpg Size: 136 KB


I have no more energy for the markets. NFP week anyway, which is normally my week off to get rested after last months activities. (The markets will stress you out if you let it!) So that is it for me! See ya next week!

Happy Trading!
  • #542
  • Mar 8, 2012 4:45am Mar 8, 2012 4:45am
XStorm, can you tell me that MA use?
  • #543
  • Mar 8, 2012 6:30am Mar 8, 2012 6:30am
Hi GTudor:

Here is the MA that I use.

Attached File(s)
File Type: ex4 SEFC05.ex4   3 KB | 1,069 downloads


Happy Trading!
  • #544
  • Edited 10:37am Mar 8, 2012 10:21am | Edited 10:37am
Seems like this thread is becoming a ghost town. I see tumbleweeds....

So I bought up the subject that I believe each TF tells its own truth and that I only analyze from one TF because of the confusion of top down analyse (for me anyway). HH's bottom up system works way better for me because it makes more sense.(IMHO) I am not challenging anyone's style of trading, perhaps my brain is wired backwards?

And I have no patience for Higher TF because it seems confluence is critical. That means MORE waiting than usual. But the great part about trading is, there is a TF and a strategy that works for every personality out there!

So here is a Eur/Jpy 1 min TF: it was headed down, now swinging up. So many opportunities to make pips there.
Attached Image (click to enlarge)
Click to Enlarge Name: 1 min TF.jpg Size: 153 KB


Now check out the 5 min. It shows the trend never changed. It was only retracement but still pips to be made with each swing!

Attached Image (click to enlarge)
Click to Enlarge Name: 5 min tf.jpg Size: 152 KB


As I mentioned before, no more trading for me until next week. But I still study and journal my observations.
  • #545
  • Mar 8, 2012 10:42am Mar 8, 2012 10:42am
I hope this thread continues. I am still working on this method.

I have been curious- what are the 3 humongous candles on the right of your charts?
  • #546
  • Mar 8, 2012 11:22am Mar 8, 2012 11:22am
Quoting swtrader
I hope this thread continues. I am still working on this method.

I have been curious- what are the 3 humongous candles on the right of your charts?
Those are 1 hour candles. So what you see is the last three, 1hr candles.

Attached File(s)
File Type: ex4 GP_Candle TF1H.ex4   5 KB | 1,164 downloads
  • #547
  • Mar 8, 2012 11:26am Mar 8, 2012 11:26am
Quoting XStorm
Those are 1 hour candles. So what you see is the last three, 1hr candles.

Attachment
Thanks. That is what I surmised, but was not familiar with that indy.
  • #548
  • Mar 8, 2012 3:21pm Mar 8, 2012 3:21pm
xstrom you doing a good job in keeping this threat alive, I like what you talk about your charts. and thks to HH
  • #549
  • Mar 9, 2012 7:04am Mar 9, 2012 7:04am
Sorry for non posting, i have been too busy..., i guess i'll start next week, NFP in a couple of minutes that could be good for scalping, good luck to everyone, have a nice weekend...

PD. Keep it going Xstorm...
  • #550
  • Mar 9, 2012 7:54am Mar 9, 2012 7:54am
Welcome back Robby, I have been rather busy myself. Hope everyone is doing well.
  • #551
  • Mar 9, 2012 8:37am Mar 9, 2012 8:37am
Hi hharrington, I have been playing around with heiken ashi smoothed for a while for my own purposes and found something interesting. I wanted to put the 15 min heiken ashi smoothed on the 1 min chart so changed the settings to 2, 90, 3, 30. It works fine and shows the direction of the 15 min trend visually on the 1 min chart. Then I applied a 200 ema to the 1 min chart and found that they are almost exactly the same. Curious. Anyway, not sure if you'd ever thought of doing this so thought I'd run it past you, you might find the idea useful.
  • #552
  • Mar 9, 2012 8:53am Mar 9, 2012 8:53am
Quoting Hugh Briss
Hi hharrington, I have been playing around with heiken ashi smoothed for a while for my own purposes and found something interesting. I wanted to put the 15 min heiken ashi smoothed on the 1 min chart so changed the settings to 2, 90, 3, 30. It works fine and shows the direction of the 15 min trend visually on the 1 min chart. Then I applied a 200 ema to the 1 min chart and found that they are almost exactly the same. Curious. Anyway, not sure if you'd ever thought of doing this so thought I'd run it past you, you might find the idea useful.
Hugh

You might as well just use the 4HA Smooth MTF indicator which is shown on mine charts posted on this thread. Its a great indicator and plays a big part for me now using this strategy.

D
Attached File(s)
File Type: mq4 4 time frame heiken ashi smothed.mq4   9 KB | 1,275 downloads
  • #553
  • Mar 9, 2012 10:06am Mar 9, 2012 10:06am
Quoting Hugh Briss
Hi hharrington, I have been playing around with heiken ashi smoothed for a while for my own purposes and found something interesting. I wanted to put the 15 min heiken ashi smoothed on the 1 min chart so changed the settings to 2, 90, 3, 30. It works fine and shows the direction of the 15 min trend visually on the 1 min chart. Then I applied a 200 ema to the 1 min chart and found that they are almost exactly the same. Curious. Anyway, not sure if you'd ever thought of doing this so thought I'd run it past you, you might find the idea useful.
Here is a picture of my 15 min setup I am presently using Hugh. Its simple but effective. Any questions ask away.

HH
Attached Image (click to enlarge)
Click to Enlarge Name: 15 min chart setup.gif Size: 48 KB
  • #554
  • Mar 9, 2012 10:33am Mar 9, 2012 10:33am
Quoting rossobonks
Hugh

You might as well just use the 4HA Smooth MTF indicator which is shown on mine charts posted on this thread. Its a great indicator and plays a big part for me now using this strategy.

D
Another good indicator for looking at higher timeframes
  • #555
  • Mar 9, 2012 10:59am Mar 9, 2012 10:59am
Don't over complicate your trading folks, I am trading the 1 min with a 5 min mtf HA for direction
  • #556
  • Mar 9, 2012 11:04am Mar 9, 2012 11:04am
Its so good to see everyone back!

(This is to answer a pm question)
So when I first started trading, I use to sweat bullets! Stomach was in knots! (You know the story.) Jumped out of the good ones too fast and stayed in the bad ones too long. But then on a trip to Vegas I realized people were losing ALL the time but still having fun. The fun was in the possibilities! They never concentrated on the losses but continuously placed money in the slot machines because they were looking forward. Each pull of the lever offered a dream come true!

Some days trading, my brain was on pause or reverse- not forward. I started looking at trading the same way as the people in Vegas except that I had an advantage - technical analysis and indicators. So each day I pick a machine (a pair) watch the strategy line up, pull the lever and BAM I am in! "Come to papa baby!" (thats me talking to the pips) I can tell you that I still dont win them all but loosing is part of this game too! But guess what, each pull of the lever offers a dream come true!

But everyday that I trade, it is a trip to Vegas! Win or lose....
Attached Image (click to enlarge)
Click to Enlarge Name: Vegas style.jpg Size: 222 KB


Till next week!
  • #557
  • Mar 9, 2012 11:27am Mar 9, 2012 11:27am
Quoting hharrington
Here is a picture of my 15 min setup I am presently using Hugh. Its simple but effective. Any questions ask away.

HH
Ok, thanks, to the above poster too.
  • #558
  • Mar 9, 2012 1:43pm Mar 9, 2012 1:43pm
Quoting hharrington
Here is a picture of my 15 min setup I am presently using Hugh. Its simple but effective. Any questions ask away.

HH
Hello hharrington

Very nice setup , can you upload your indicator and template .
i'm waiting for your response ,

Thanks .
  • #559
  • Mar 9, 2012 4:23pm Mar 9, 2012 4:23pm
Quoting MontMarte
Hello hharrington

Very nice setup , can you upload your indicator and template .
i'm waiting for your response ,

Thanks .
"Please, Hammer don't hurt'em!"

MontMarte, post 184 might have what you are looking for.
  • #560
  • Mar 9, 2012 11:24pm Mar 9, 2012 11:24pm
Hai..would you kindly share your indi and template? many thanks

Quoting XStorm
Its so good to see everyone back!

(This is to answer a pm question)
So when I first started trading, I use to sweat bullets! Stomach was in knots! (You know the story.) Jumped out of the good ones too fast and stayed in the bad ones too long. But then on a trip to Vegas I realized people were losing ALL the time but still having fun. The fun was in the possibilities! They never concentrated on the losses but continuously placed money in the slot machines because they were looking forward. Each pull of the lever offered a dream come true!

Some...
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