Buy sell line trading | Page 51 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Difference between buy/sell stops & buy/sell limits 34 replies

how to change buy to sell, sell to buy for EA 1 reply

the buy/buy or sell/sell currency broker?? 5 replies

I am looking for EA to put Buy Stops, Buy limits, Sell limits, and Sell Stops. I will 0 replies

hwo to get rid of teh Buy line and Sell line 2 replies

Attachments: Buy sell line trading
Exit Attachments

Buy sell line trading

  • #1,001
  • Mar 27, 2012 9:04am Mar 27, 2012 9:04am
Must be on the ones just after crossing the MA

Quoting The Camel
At what candles did you get into these two?
  • #1,002
  • Mar 27, 2012 9:17am Mar 27, 2012 9:17am
Quoting The Camel
Must be on the ones just after crossing the MA
yes Camel, zoom right out on the yen pairs h4, super trends on yen...
tradewith60
  • #1,003
  • Mar 27, 2012 10:17am Mar 27, 2012 10:17am
EURJPYH4 can enter? what do you guys think?
http://i630.photobucket.com/albums/u...k/EURJPYH4.jpg
  • #1,004
  • Mar 27, 2012 12:18pm Mar 27, 2012 12:18pm
Hi fxtr51

i have downloaded the indicators and kept in expert/indicator folder & that dashboard.tpl file in template folder but i am not able to get it loaded in my chart. I got EA running on my chart.

please help me on this

thanks
  • #1,005
  • Mar 27, 2012 12:33pm Mar 27, 2012 12:33pm
Quoting dev_19_81
Hi fxtr51

i have downloaded the indicators and kept in expert/indicator folder & that dashboard.tpl file in template folder but i am not able to get it loaded in my chart. I got EA running on my chart.

please help me on this

thanks
Please PM me for such requests with a description of your problem.
(What broker, where did you copy the files, did you restart the Mt4
after copying the files into the folder, do you know how to attach an indicator and a template etc.)

I just downloaded the stuff, copied it into another Mt4 , started it and
it worked.

We donīt want to clutter the thread with such things, it is meant for discussion setups and ideas about the method.

Thanks and regards
  • #1,006
  • Mar 27, 2012 5:12pm Mar 27, 2012 5:12pm
I know the discussion of broker server times has come up because 4hr candles can be very different, but would there be an optimal server time?

What is your server time 60mm?

Late NY and early asia are to be avoided so that essentially gets rid of two candles everyday, so would it be best to have a server time where LO is captured from one hour before opening and 3 hrs in for the first candle?

Or have a candle start before LO and end half way into it? Just curious because I find this method very easy to check on every four hours amongst the other things I am doing, but on the days I work I personally would like to have a demo on a server time that I can check once in the middle of the night because I live in NA and once before I go to work so server time can play a huge difference there.

It seems with the fxdd oanda test there wasnt really an optimal one because some discretion is involved. Just curious if it would be a bad strategy to get an mt4 version with a server time that fits my lifestyle or if I should stick to an optimal server time like GMT.
  • #1,007
  • Mar 27, 2012 5:28pm Mar 27, 2012 5:28pm
Quoting fxfury
I know the discussion of broker server times has come up because 4hr candles can be very different, but would there be an optimal server time?

What is your server time 60mm?

Late NY and early asia are to be avoided so that essentially gets rid of two candles everyday, so would it be best to have a server time where LO is captured from one hour before opening and 3 hrs in for the first candle?

Or have a candle start before LO and end half way into it? Just curious because I find this method very easy to check on every four hours amongst...
I really don't think it would effect results, maybe the odd week it would, but over a period of years, it would most likely even out..

So pick one that fits in with your life-style....

The big picture here is to teach how some proper money management and a plan can turn a very slight edge into steady profits... after practice you should be able to trade this with multiple entry signals.... With a proper plan and trend following there are many ways to get into the trade..

Obviously I will get to them....
tradewith60
  • #1,008
  • Mar 27, 2012 5:37pm Mar 27, 2012 5:37pm
Quoting 60minuteman
I really don't think it would effect results, maybe the odd week it would, but over a period of years, it would most likely even out..

So pick one that fits in with your life-style....

The big picture here is to teach how some proper money management and a plan can turn a very slight edge into steady profits... after practice you should be able to trade this with multiple entry signals.... With a proper plan and trend following there are many ways to get into the trade..

Obviously I will get to them....
I always love when the op has more tricks up his sleeve, but you are right about applying a small edge and letting it compound. I always hear people talk about moving up the timeframes, and this method will be very easy for me to practice because I only have to look at the charts once every 4 hrs.

And who knows it could be more successful and waaaaay less time consuming then some of the other stuff I am implementing across smaller timeframes on my trading days. Will post the setups I take.
  • #1,009
  • Mar 27, 2012 6:08pm Mar 27, 2012 6:08pm
Quoting fxfury
I always love when the op has more tricks up his sleeve, but you are right about applying a small edge and letting it compound. I always hear people talk about moving up the timeframes, and this method will be very easy for me to practice because I only have to look at the charts once every 4 hrs.

And who knows it could be more successful and waaaaay less time consuming then some of the other stuff I am implementing across smaller timeframes on my trading days. Will post the setups I take.
ok fx... make sure you give as much attention to the money management rules, they're the secret... risk the same on every trade!!!
tradewith60
  • #1,010
  • Mar 27, 2012 6:13pm Mar 27, 2012 6:13pm
I see most trade done in H4 timeframes. Is there any reason why no one uses the daily charts?
  • #1,011
  • Mar 27, 2012 6:41pm Mar 27, 2012 6:41pm
Site that shows correlating pairs. Very convenient.
http://www.forexticket.co.uk/en/tools/01-01-correlation
  • #1,012
  • Mar 27, 2012 6:47pm Mar 27, 2012 6:47pm
Quoting nilnuk
I see most trade done in H4 timeframes. Is there any reason why no one uses the daily charts?
I trade daily, just on demo for now, until i get a feel for it..

Im short UCHF on daily now...
tradewith60
  • #1,013
  • Mar 27, 2012 7:03pm Mar 27, 2012 7:03pm
Quoting 60minuteman
ok fx... make sure you give as much attention to the money management rules, they're the secret... risk the same on every trade!!!
Yah my risk will be 1% per trade, I just cant see myself tolerating a 3 loss streak for 6% with 2% per trade.
  • #1,014
  • Mar 27, 2012 10:36pm Mar 27, 2012 10:36pm
Quoting nilnuk
I see most trade done in H4 timeframes. Is there any reason why no one uses the daily charts?
I'm thinking the daily AU gives a nice short signal with room to move. Missed the start of new day but a micro account so will play it out. Any critique from others?
(have to look back how to attach an open picture rather than an attachment - any pointers)
Thanks
edit - forget last question - it didn't show the picture in the preview.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd mar 27.gif Size: 21 KB
  • #1,015
  • Mar 27, 2012 11:12pm Mar 27, 2012 11:12pm
I dont think that would be a valid signal even if it is on a daily chart. As I understand it the signal candle should be engulfing the candle prior..and this candle noted in the picture is an inside bar...so i wouldnt take it..but good luck if you do
  • #1,016
  • Mar 27, 2012 11:47pm Mar 27, 2012 11:47pm
Quoting cemfx
I dont think that would be a valid signal even if it is on a daily chart. As I understand it the signal candle should be engulfing the candle prior..and this candle noted in the picture is an inside bar...so i wouldnt take it..but good luck if you do
engulfing the previous candles body and would also qualify for type 2.

on that note type 2 shaping up on gu 4hr
  • #1,017
  • Mar 27, 2012 11:52pm Mar 27, 2012 11:52pm
Quoting nilnuk
I see most trade done in H4 timeframes. Is there any reason why no one uses the daily charts?
I use the daily chart and the 4h chart to establish increasing/decreasing trends or consolidation.
  • #1,018
  • Mar 28, 2012 2:12am Mar 28, 2012 2:12am
Quoting SMcGuire45
Great discussions going on in this thread!

60mm is trying to get people to learn price action and ask what is happening in the market (I think). When looking at a chart and price action one has to ask themselves "what is price doing? What is the trend of the moment? Who is winning the battle?" I think something that really made sense to me when it comes to price action making sense was an analogy comparing it to a battlefield. You have two sides of price:

Supply and Demand or Bulls and Bears or buyers and sellers or whatever you want to call...
Your strategy looks very good but how can we understand trend line going to break .....??? I mean how can we understand that this trend line will sustain how many days...???

thank U
  • #1,019
  • Mar 28, 2012 2:55am Mar 28, 2012 2:55am
Thanks for this great threat . It is simple and easy to follow and I have been getting good results. I only take the trades when the daily 4h and 1 hr are all in synch either all above the sma or all below. Less trades but overall they seem to be more successful. I have mainly been taking 1 hr as i dont have the bank to expose my account with bigger stops at this time.

Slow and steady....
  • #1,020
  • Mar 28, 2012 3:01am Mar 28, 2012 3:01am
EURGBP H4 engulfingnow
6 traders viewing now