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  • #7,201
  • Apr 20, 2012 12:03am Apr 20, 2012 12:03am
Quoting FXflag
3 trades in TP. Sell E/U, Sell A/U, Buy U/C. Overall +62 pips. 4H support and resistance level helped in that matter. I'm back in a saddle.
Colored MACD certainly helps (but that's just me).

that's good positive results FXflag. congrats!
since you found your own edge in this S3 system with a add-on colour MACD, you now have to work on consistency for long run.
Keep it up!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,202
  • Apr 20, 2012 12:17am Apr 20, 2012 12:17am
Hi,

just to followup from post #7192:

I don't see sign of a reversal yet. The current H4 candle is not close yet, and TDI cross is not confirm.
Only after a confirm trunaround with TDI cross, then draw a new channel with three swing points.

It can turn out that this pair will move higher in a wide ranging sideway condition before a move back down.

Wait ....
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY week 16 H4 update 20 Apr 20-4-2012 1-05-04 PM.png Size: 46 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,203
  • Edited 12:39am Apr 20, 2012 12:37am | Edited 12:39am
Hi,

yesterday's trading was another challenge like always with high impact news.
Only managed to take one trade when NYO. Was sort of reactive looking at M15 chart for the past 2 days LO market condition. The trade as taken on M15 and using the fibor of the prev day high-low.

Just some obervations lately:
- when market is sideway, the PA may break the previous day high/low and target the Fib ext of 127% and 138% quite often.
- when it does not continue above, and PA reverse back into the prev high-low, this will give some decent small trades inside the previous day candle, good for scalping.

Anyone have this same observation?

regards,


Edit: I am still holding this trade, risking my FP of +50pips. Wait to see if price with break yesterdays high and close this week candle.
Check your W chart to see if we see the same.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 19 Apr H1 trade 20-4-2012 1-23-54 PM.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,204
  • Apr 20, 2012 1:00am Apr 20, 2012 1:00am
Quoting emmanuel7788
Hi,

just to followup from post #7192:

I don't see sign of a reversal yet. The current H4 candle is not close yet, and TDI cross is not confirm.
Only after a confirm trunaround with TDI cross, then draw a new channel with three swing points.

It can turn out that this pair will move higher in a wide ranging sideway condition before a move back down.

Wait ....
I do have 107.35-50 as potential SR level from 10 Apr, D is not giving any sign of turn, 4hr rsi is showing sell divergence but tdi isn't. Like you say wait.
  • #7,205
  • Apr 20, 2012 1:12am Apr 20, 2012 1:12am
Quoting Vantage
I do have 107.35-50 as potential SR level from 10 Apr, D is not giving any sign of turn, 4hr rsi is showing sell divergence but tdi isn't. Like you say wait.

yeah!
I love the D chart view.
Took off from 105 region and blast off. Let it continue to run up ... why reverse? we simply follow along into orbit.

Good Trading!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,206
  • Apr 20, 2012 1:33am Apr 20, 2012 1:33am
Quoting emmanuel7788
yeah!
I love the D chart view.
Took off from 105 region and blast off. Let it continue to run up ... why reverse? we simply follow along into orbit.

Good Trading!
Exactly no reason to consider a sell here (for me) and if it does go down its just one of those things.

The D 62% fib/low of 22/23 Mar might get sellers more interested around 108.60.
  • #7,207
  • Apr 20, 2012 3:44am Apr 20, 2012 3:44am
Hi,

Hope you all caught the LO setup.
Where to target TP?

Don't be surprise it does not go there.
What will you do next?

No matter what happens later today, this week candle will still close green.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 20 Apr H1 setup 20-4-2012 4-34-27 PM.png Size: 36 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,208
  • Apr 20, 2012 6:10am Apr 20, 2012 6:10am
Hi,

The LO H1 setup was too nice to miss.
Add-on two positions which traded nicely today with positive news out of Germany.

Now back to waiting for NYO.
Will there be continuation to 161% ? or intraday reversal?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 20 Apr H1 Trade add on 20-4-2012 7-01-16 PM.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,209
  • Apr 20, 2012 9:43am Apr 20, 2012 9:43am
Hi at all i'm studing this Price action method
but my broker will pass from mq4 to mq5
you can help me to find the necessary indicator for the
new platform metatrader 5??

thanks good week and gain
  • #7,210
  • Apr 20, 2012 10:05am Apr 20, 2012 10:05am
Hi,

here is an update.
great way to end the week with a bullish US session.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD week 16 H4 20 Apr 20-4-2012 .png Size: 40 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,211
  • Apr 20, 2012 10:09am Apr 20, 2012 10:09am
Quoting pinux76
Hi at all i'm studing this Price action method
but my broker will pass from mq4 to mq5
you can help me to find the necessary indicator for the
new platform metatrader 5??

thanks good week and gain
I doubt you will find mq5 versions of the Synergy APB and TDI indicators so soon.
But MT4 is still being offered by many other brokers so this should not hold you back.
BTW, which broker offer MT5 live?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,212
  • Apr 20, 2012 10:45am Apr 20, 2012 10:45am
Quoting emmanuel7788
I doubt you will find mq5 versions of the Synergy APB and TDI indicators so soon.
But MT4 is still being offered by many other brokers so this should not hold you back.
BTW, which broker offer MT5 live?
i'have received a mail from my broker for the migration mq4->mq5

this is
http://www.activtrades.it/index.aspx...ex_metatrader5
  • #7,213
  • Apr 20, 2012 1:03pm Apr 20, 2012 1:03pm
Quoting emmanuel7788
Hi,

Hope you all caught the LO setup.
Where to target TP?

Don't be surprise it does not go there.
What will you do next?

No matter what happens later today, this week candle will still close green.
Hi, Emmanuel .You have very nice chart and fibo on your chart.Could you share the template and indicators please ?

Regards,

Okan
  • #7,214
  • Apr 20, 2012 2:42pm Apr 20, 2012 2:42pm
Quoting pinux76
i'have received a mail from my broker for the migration mq4->mq5

this is
http://www.activtrades.it/index.aspx...ex_metatrader5
Their Web-Site shows both as still being available:

http://www.activtrades.co.uk/index.a...orex_platforms
TTFN Merlyn
  • #7,215
  • Apr 20, 2012 2:52pm Apr 20, 2012 2:52pm
the mt4 its available and my oppinion its, that on activtrades it will be available for a good period.... they cannot just force the traders, to jump in to an unknown area... it takes time, until a platform its gona be stable to use it.. plus its a platform change.. it takes time to impl.the tech rel.to ea transf.ie.. so i think, that u dont need to worry about the mt5.. its a personal choice.. like now my broker alpari its offering the mt5.. off course, im using it, but the mt4 its gona be my main trading platform.. until im not conf. with the another one..

gl with the trades!

ps if they gona force you to a platform change, just swap the broker
  • #7,216
  • Apr 20, 2012 7:15pm Apr 20, 2012 7:15pm
Or open a demo account on MT4, make your decisions from there & put your trades on your broker's MT5 platform.
My favorite crochet hook is size J. It's a J-Hook!
  • #7,217
  • Edited 5:36pm Apr 22, 2012 7:01am | Edited 5:36pm
Quoting okanemici
Hi, Emmanuel .You have very nice chart and fibo on your chart.Could you share the template and indicators please ?

Regards,

Okan

Hi Okan,

the S3 indicators are in post#1.

for the pivots, we use the SonicR chart panel . this is in post#3626

for the !SM ADR Marker, here is the link:

http://www.forexfactory.com/showthre...46#post5257846

as for the fibo levels, I use the MT4 fibonacci tool and customise those addition levels which I use.
see attached example how to add levels.

regards,
Attached Image (click to enlarge)
Click to Enlarge Name: Fibo Tool add levels .png Size: 100 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,218
  • Apr 23, 2012 4:10am Apr 23, 2012 4:10am
Hope some entered in late Asian session as i missed the entries on E/U, E/J, A/U.
Will wait for retrace.
  • #7,219
  • Apr 23, 2012 7:44am Apr 23, 2012 7:44am
An interesting W chart seeing the last 7 weeks candles stting on a support line.
Will try catch a trade on H1 and H4
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD Week 17 W1 23 Apr 23-4-2012 8-33-23 PM.png Size: 31 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,220
  • Apr 23, 2012 8:11am Apr 23, 2012 8:11am
A bearish start for this week. No buy signal yet.
Will see how much further down it will go before turnaround.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD week 17 H4 23 Apr 23-4-2012 9-00-50 PM.png Size: 44 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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