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Buy sell line trading

  • #1,041
  • Mar 28, 2012 12:26pm Mar 28, 2012 12:26pm
Daily TF is 4/4 this week....

AU EU ACHF UCHF
tradewith60
  • #1,042
  • Mar 28, 2012 12:39pm Mar 28, 2012 12:39pm
Quoting 60minuteman
Daily TF is 4/4 this week....

AU EU ACHF UCHF
What where your take profit objectives, first glance says 1:1 but au, eu, uchf didnt quite meet 1:1 of my signal candles, did u manually close or round a bit on the tp?
  • #1,043
  • Mar 28, 2012 3:58pm Mar 28, 2012 3:58pm
Quoting fxfury
What where your take profit objectives, first glance says 1:1 but au, eu, uchf didnt quite meet 1:1 of my signal candles, did u manually close or round a bit on the tp?
I dont go for the exact pip, measure out 1/1 then I may tweak it a bit to fit into some s/r or something... usually manual close unless im away and i will put a trailing stop or a tp line down
tradewith60
  • #1,044
  • Edited Mar 29, 2012 6:13am Mar 28, 2012 5:27pm | Edited Mar 29, 2012 6:13am
Upon request I coded the dashboard for 16 pairs with flexible fontsize.
Enjoy.
Questions please via PM.

Update: Now with alerts ( Popup alert and/e-mail alert )
I added an indicator which shows remaining candle time of multiple timeframes.
Attached File(s)
File Type: zip dashboard with alert.zip   39 KB | 837 downloads
  • #1,045
  • Mar 28, 2012 6:05pm Mar 28, 2012 6:05pm
Quoting 60minuteman
I dont go for the exact pip, measure out 1/1 then I may tweak it a bit to fit into some s/r or something... usually manual close unless im away and i will put a trailing stop or a tp line down
Hey 60mm...what unit do you usually set your trailing stop at? Thanks!
  • #1,046
  • Mar 28, 2012 8:31pm Mar 28, 2012 8:31pm
Quoting fxtr51
Upon request I coded the dashboard for 16 pairs with flexible fontsize.
Enjoy.
Questions please via PM.
Very nice fxtr51.
Very nice.
  • #1,047
  • Mar 29, 2012 2:10am Mar 29, 2012 2:10am
erstklassige Arbeit fxtr51 - took USD JPY 1H signal from your
fabulous dashboard.

Then followed 60minuteman's instructions and yes, smooth trade.
Still have to learn to let profits run a little further...
Feels good to have confidence in a system, and a clean chart is
such a treat.

Thanks so much 60mm for sharing.

--
Attached Image (click to enlarge)
Click to Enlarge Name: 60mm usjp.JPG Size: 29 KB
  • #1,048
  • Mar 29, 2012 2:41am Mar 29, 2012 2:41am
Hi 60MM and Shaishen,

Could you please clarify the following once more:
Entry should be 1 pip above/below the high/low (wick tip) of the signal candle or its close?
According to the thread's first page, it's the high/low. However, I've seen many fellows referring to entries at close.

Thanks in advance.
The Camel

Quoting Shaishen
erstklassige Arbeit fxtr51 - took USD JPY 1H signal from your
fabulous dashboard.

Then followed 60minuteman's instructions and yes, smooth trade.
Still have to learn to let profits run a little further...
Feels good to have confidence in a system, and a clean chart is
such a treat.

Thanks so much 60mm for sharing.

--
  • #1,049
  • Mar 29, 2012 3:10am Mar 29, 2012 3:10am
Quoting The Camel
Hi 60MM and Shaishen,

Could you please clarify the following once more:
Entry should be 1 pip above/below the high/low (wick tip) of the signal candle or its close?
According to the thread's first page, it's the high/low. However, I've seen many fellows referring to entries at close.

Thanks in advance.
The Camel
yes you should wait for the wick to be broken on the very next candle, or you risk a double bottom/double top...

So the signal candle you are only concerned with the body engulfing, but the entry must then exceed the HIGH or LOW of the signal candle by 1 pip..
tradewith60
  • #1,050
  • Mar 29, 2012 4:57am Mar 29, 2012 4:57am
Yen H4 paying big today.... anybody get them???
tradewith60
  • #1,051
  • Mar 29, 2012 5:15am Mar 29, 2012 5:15am
Quoting 60minuteman
Yen H4 paying big today.... anybody get them???
Yep In a few yen pairs . also just closed a audusd trade + 70 but had to be patient, took 6 candles for it to get there
Always Learning
  • #1,052
  • Mar 29, 2012 5:38am Mar 29, 2012 5:38am
Quoting JayTrader
Yep In a few yen pairs . also just closed a audusd trade + 70 but had to be patient, took 6 candles for it to get there
yep H4 trading certainly improves your patience..!!
tradewith60
  • #1,053
  • Mar 29, 2012 7:00am Mar 29, 2012 7:00am
Quoting 60minuteman
Yen H4 paying big today.... anybody get them???
I woke up to additional 40 pips from NZD/JPY, after getting same from CAD/JPY yesterday. Still a bit nervous re the recent Yen interventions but that's what solid stop loss, money management are for. Great system 6ominuteman - thanks for sharing & contributing.
  • #1,054
  • Mar 29, 2012 7:13am Mar 29, 2012 7:13am
Quoting 60minuteman
Yen H4 paying big today.... anybody get them???

Olu
If you think you can or cannot do it you are correct
  • #1,055
  • Mar 29, 2012 7:14am Mar 29, 2012 7:14am
Hi I am new to this thread, like the look of this trading, don't like charts with lots of indicators on them. Thanks 60minuteman

One question I do have is what brokers are people using or more importantly what server times do your brokers have and does it matter. I use one broker which is GMT +3 and another which is GMT 0, this means the 4h candles close at different times and therefore give different results. Anyone know which is best ?

Thanks
  • #1,056
  • Mar 29, 2012 7:52am Mar 29, 2012 7:52am
Quoting dpeters
Hi I am new to this thread, like the look of this trading, don't like charts with lots of indicators on them. Thanks 60minuteman

One question I do have is what brokers are people using or more importantly what server times do your brokers have and does it matter. I use one broker which is GMT +3 and another which is GMT 0, this means the 4h candles close at different times and therefore give different results. Anyone know which is best ?

Thanks
trade the chart youre on, doesnt make any difference over time... stick to h4!! good luck
tradewith60
  • #1,057
  • Mar 29, 2012 8:12am Mar 29, 2012 8:12am
60minuteman,
Which broker u are using?
  • #1,058
  • Mar 29, 2012 12:26pm Mar 29, 2012 12:26pm
Quoting nilnuk
60minuteman,
Which broker u are using?
www.gkfx.com for trading and Alpari uk for demo
tradewith60
  • #1,059
  • Mar 29, 2012 4:23pm Mar 29, 2012 4:23pm
GU H4
Attached Image (click to enlarge)
Click to Enlarge Name: Screen shot 2012-03-29 at 22.20.26.jpg Size: 53 KB
tradewith60
  • #1,060
  • Mar 29, 2012 4:40pm Mar 29, 2012 4:40pm
Hi 60 mm, can you tell me if you are in this gu trade long, if so i thought
the signal has to be above the 50 ma .
Im pretty new here so not 100% sure yet of entry

Tim
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