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True Trading Tactics

  • #941
  • Mar 27, 2012 1:28pm Mar 27, 2012 1:28pm
Quoting MKK
Thank you. I googled it but couldn't find any information about KRC. Can you please explain to me what it is and how do I look it up on a chart?

Thank you
MKK are you serious, what do you think people have been posting about in the last 63 pages lol. Try reading Kraven's excellent posts from page one, he clearly describes what kind of candle he looks for, which has later been named after him the Kraven Reversal Candle
  • #942
  • Mar 27, 2012 1:45pm Mar 27, 2012 1:45pm
Quoting spacePip
MKK are you serious, what do you think people have been posting about in the last 63 pages lol. Try reading Kraven's excellent posts from page one, he clearly describes what kind of candle he looks for, which has later been named after him the Kraven Reversal Candle
LOL, sorry I didn't understand that this was named after him and that's why I asked. Now I know.
  • #943
  • Mar 27, 2012 4:17pm Mar 27, 2012 4:17pm
hello all, quiet day.
my daily CU got stopped at +30 from yesterday.
I only entered the GU today for reasons on the chart. doesn't matter what system you use you have to see the bigger picture.
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  • #944
  • Mar 27, 2012 5:33pm Mar 27, 2012 5:33pm
We have action on the dailys. EU and GU (as i'm already selling GU i'll just stick with that. I've moved my TP and used it as a daily entry though). N/U and A/U (not much overnight news so i've opted for N/U, got a pending order on N/U). I'm in on U/C too (although for some reason i'm apprehensive so only 40pip SL).
  • #945
  • Mar 28, 2012 3:35am Mar 28, 2012 3:35am
hi guy is the formation going on the uschf and eusd krc (1hour)
  • #946
  • Mar 28, 2012 4:53am Mar 28, 2012 4:53am
on e/u i wait, the 1 h candle is not good.
  • #947
  • Mar 28, 2012 7:27am Mar 28, 2012 7:27am
Quoting kraven
We have action on the dailys. EU and GU (as i'm already selling GU i'll just stick with that. I've moved my TP and used it as a daily entry though). N/U and A/U (not much overnight news so i've opted for N/U, got a pending order on N/U). I'm in on U/C too (although for some reason i'm apprehensive so only 40pip SL).
entered the EU short 1hr (waiting for news now)

GU, NU (should have took AU) and UC all positive, have quickly shortened SL
  • #948
  • Mar 28, 2012 7:48am Mar 28, 2012 7:48am
The progress of usdchf of setup i notice all earlier
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AND THE GU ON DAILY
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  • #949
  • Mar 28, 2012 8:11am Mar 28, 2012 8:11am
i am too late on e/u , wait on the next 1 h candle.
  • #950
  • Edited 4:50pm Mar 28, 2012 10:04am | Edited 4:50pm
the decision to get in on EU was before US data was good. GU, UC, and NU all in profit. I've locked in some pips on EU and GU..fancy EU to bounce around .32500 (if it gets there) so my TP is before this.

** I bailed earlier on the UC for 30pips.
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  • #951
  • Mar 28, 2012 12:05pm Mar 28, 2012 12:05pm
dead end on audusd 1 hour
  • #952
  • Mar 29, 2012 7:12am Mar 29, 2012 7:12am
Any ones look at these pairs now? KRC formation.
Maybe we should wait for the red news.
Accept as it is being!
  • #953
  • Mar 29, 2012 8:39pm Mar 29, 2012 8:39pm
Vnfx never seen your post. yes I spotted GU (hope you did too) closing in on my TP. also entered UC on the candle circled kind of a KRC, ignore the Stocastics i was playing about.
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  • #954
  • Edited 10:45pm Mar 29, 2012 10:21pm | Edited 10:45pm
Quoting kraven
Vnfx never seen your post. yes I spotted GU (hope you did too) closing in on my TP. also entered UC on the candle circled kind of a KRC, ignore the Stocastics i was playing about.
Hi Kravel, thanks very much for your thread. I took GU as KRC yesterday and now waiting to see if Price can break out the resistance or not. I did not take UC yesterday but today based on the daily candle reversal, although not a KRC but I think the price just rejected from the resistance zone.

http://www.forexfactory.com/attachme...7&d=1333077214

http://www.forexfactory.com/attachme...1&d=1333078593
Accept as it is being!
  • #955
  • Apr 2, 2012 6:32am Apr 2, 2012 6:32am
hi kraven, i've been trading on the daily charts and was wondering about something. usually before mondays, i have a daily candle that begins on sun and lasts only 3 hrs. not sure why. do you treat it as a regular candle, ignore it or what?

anyone else care to advise?

thanks guys...
  • #956
  • Apr 2, 2012 1:53pm Apr 2, 2012 1:53pm
It's all too easy to get lost in a myriad of TIs, when trading spot forex. There are many systems out there, including some on FF, that are very indie intensive. Most of these indies are lagging and serve no useful purpose whatsoever, except to decorate the chart, often like a Xmas tree.

Thanks to Kraven, who has devised a simple, but effective system. I feel that it could be enhanced by combining some other c/stick patterns. However, that is only my opinion and in no way detracts from his excellent, simple system.
  • #957
  • Apr 3, 2012 7:07am Apr 3, 2012 7:07am
Hi Kraven, I've just finished reading all this thread!!!

You have a nice system

Good pips for all!!!

Greg.
  • #958
  • Apr 4, 2012 3:43pm Apr 4, 2012 3:43pm
hello all, thanks for the comments
Alan i'm sure your right but i tend to just use this and sometimes pins (if there tight)
i got into the EU 1hr today at 2pm gmt, had the same signal on GU. just bailed for BE, GU would have been better option.
on dailies my UCad got triggered, about 30pips up
  • #959
  • Apr 5, 2012 8:52pm Apr 5, 2012 8:52pm
Quoting Omd
hi kraven, i've been trading on the daily charts and was wondering about something. usually before mondays, i have a daily candle that begins on sun and lasts only 3 hrs. not sure why. do you treat it as a regular candle, ignore it or what?

anyone else care to advise?

thanks guys...
Hi Omd, your chart is same with me.
Cause of the time zone of broker (server time zone can be GMT+0).
I think you should use other broker's platform for analyse (ex: GTM+2, GTM+3).
  • #960
  • Apr 9, 2012 4:35am Apr 9, 2012 4:35am
Hi, this is my firs post here.
I would like to say to kraven that his method of trading and this thread are great. I was trading similar to KRC system for a year, but now I modified it a little thanks to this thread and my profit is even better

keep the good work
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