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  • #7,321
  • May 13, 2012 4:59am May 13, 2012 4:59am
Quoting hale-mary
well so much for this method. With the EU ranging these past 4 months I doubt the magical 50 pps a day is being made on this pair.
So much for this method? So much for a method that has helped so many? You want to abandon a method because its main currency pair is ranging more than trending as of late and you don't think you can make 50 pips a day? Are you trading to make pips... or $$?
I have been averaging 12% per month the last two months by simply recognising less volatility and droping down to the 15 min tf. I have also been looking for less pips..around 20-25 per trade and adjusting my lot size to maintain my 1.5% risk per trade.
You have been on this thread a long time now, i would hate to see you walk away from a trading method that is successful just because the currency pair may not be delivering you 50 pips a day regularly per trade at the moment. So i have to ask you again are you here to make pips... or $$? Hang in there!
  • #7,322
  • May 13, 2012 6:20pm May 13, 2012 6:20pm
Quoting SoniPipster
Hi okanemici,

Moved my tp to 1.2925 so im still holding the trade. Tp is just before 127% on fib tool. Just keep following the 4H system n this thread n ull pick up setups like this
Thanks a lot, will try to learn it and follow your and emmanuel's calls
  • #7,323
  • May 13, 2012 7:44pm May 13, 2012 7:44pm
I'm short EUR-CAD. Below 1.2950 1.2900 there is nothing but air - target is 1.2000 !

Look back on this pair, 2years ago it fell from 1.5500 to 1.2500 . Big figures in a matter of months. I can see the same thing happening again. It is getting dim in Europe, money shall be leaving Europe and seeking safer homes - in Canada?

Sit tight and add to the trade ; -)

Good luck trading !!

-Mike
  • #7,324
  • May 14, 2012 9:32am May 14, 2012 9:32am
Hi Guys,

Is usdcad short a good set up ? 1H and daily seems to turn from the top , any ideas ?
  • #7,325
  • May 14, 2012 9:35am May 14, 2012 9:35am
Quoting emmanuel7788
Hi SoniPipster,

With market testing the parity level for several weeks, it can go higher or move sideway for days.

But with my own D channel, I am looking to see if there will be a reversal near the 1.0070 region. A break of the upper channel and a strong reversal setup on either H4 or D would be nice. My target is about 80% of the channel range, so if market give me a setup with initial SL around 80~100pips, then a trade with RR of 1:2 would be good for trade decision.

Stay alert on this one.

regards,
Hi Emmanuel,

Is usdcad ready for a short now ? Thanks for your great analysis.

Regards,
  • #7,326
  • May 14, 2012 10:19am May 14, 2012 10:19am
Took this trade this morning that I thought I would share after a few losing trades last week......
J
Attached Image (click to enlarge)
Click to Enlarge Name: eur_gbp4h trade.jpg Size: 128 KB
  • #7,327
  • May 14, 2012 11:34am May 14, 2012 11:34am
Quoting JamesBranson
Took this trade this morning that I thought I would share after a few losing trades last week......
J
Send them earlier james I also took it but for some other reason, good job

Do you pull the trigger as soon as the green cross red or earlier ?
  • #7,328
  • May 14, 2012 1:52pm May 14, 2012 1:52pm
I only enter if the green is crossing red at the 4-6 , 12-2 angle on the open of the 4 hour bar, on the EUR/GBP trade the second red bar was crossing at the required angle so I entered at the open, there was similar trade long on USD/CAD but the cross did not happen until the fourth bar on my charts so I passed.......even though it was a winner as I anticipated I am happy as I stuck to my rules. Why post charts earlier?
J



Quoting okanemici
Send them earlier james I also took it but for some other reason, good job

Do you pull the trigger as soon as the green cross red or earlier ?
  • #7,329
  • May 14, 2012 3:06pm May 14, 2012 3:06pm
I only enter if the green is crossing red at the 4-6 , 12-2 angle on the open of the 4 hour bar, on the EUR/GBP trade the second red bar was crossing at the required angle so I entered at the open, there was similar trade long on USD/CAD but the cross did not happen until the fourth bar on my charts so I passed.......even though it was a winner as I anticipated I am happy as I stuck to my rules. Why post charts earlier?
J



Quoting okanemici
Send them earlier james I also took it but for some other reason, good job

Do you pull the trigger as soon as the green cross red or earlier ?
  • #7,330
  • May 14, 2012 6:16pm May 14, 2012 6:16pm
Quoting JamesBranson
I only enter if the green is crossing red at the 4-6 , 12-2 angle on the open of the 4 hour bar, on the EUR/GBP trade the second red bar was crossing at the required angle so I entered at the open, there was similar trade long on USD/CAD but the cross did not happen until the fourth bar on my charts so I passed.......even though it was a winner as I anticipated I am happy as I stuck to my rules. Why post charts earlier?
J

Send them earlier so I could learn from them and follow your trades too Thanks for the explanations.
  • #7,331
  • May 14, 2012 9:52pm May 14, 2012 9:52pm
Quoting emmanuel7788
Hello sukhoimaru,

X-Man is away from this thread as he is busy and want to focus on other project....big $$$$.

For newcomer, there are a lot of video lessons at this site:
http://www.compassfx.com/synergy/commentary.htm#Video

it can be rather overwhelming to watch all the videos, but take your time and learn the Synergy system.

specifically two videos which may answer your questions.

Where to place Stop Loss and Take Profit:
http://www.compassfx.com/video/flash/111510/111510.html


[font=Verdana]Swing...
Full marks to you Emmanuel for your advice. I watch Compass videos reguarly, they are very motivational and provide excellent tips using TDI & PAC. Brian
  • #7,332
  • May 15, 2012 1:38am May 15, 2012 1:38am
hello friends this is my first post , hank u X man for great system and i will trade just H4 bez i am finding it difficult to understand H1 EU system yet

will read more

regars
Attached Image (click to enlarge)
Click to Enlarge Name: hi.gif Size: 35 KB
  • #7,333
  • May 15, 2012 3:25am May 15, 2012 3:25am
Quoting yogesheena
hello friends this is my first post , hank u X man for great system and i will trade just H4 bez i am finding it difficult to understand H1 EU system yet

will read more

regars
It seems perfect to me yogesheena Good job !
  • #7,334
  • May 15, 2012 3:32am May 15, 2012 3:32am
Quoting okanemici
Hi Emmanuel,

Is usdcad ready for a short now ? Thanks for your great analysis.

Regards,

Hi,

I don't see any good setup on higher TF for a swing trade. It will go sideways for days... never know how long ... until both the technical and fundamental are in agreement.
On lower TF H1 and M15, you can catch some pips 30~40pips. Just have to keep within the narrow day range.
Yesterday D closed an inside bar so it can break on either side, ..but I don't see a big move for this pair today.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,335
  • May 15, 2012 3:38am May 15, 2012 3:38am
Quoting yogesheena
hello friends this is my first post , hank u X man for great system and i will trade just H4 bez i am finding it difficult to understand H1 EU system yet

will read more

regars
hi yogesheena,

on your H4 chart, the setup looks ok with TDI cross and the D channel.

But the D TF is rather bullish so it may be a small correction on H4.
So long as you manage this trade, you can still catch some pips, ...never know if this may turn out to be a reversal.
But the entry is a good one.

Trade well!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,336
  • May 15, 2012 5:56am May 15, 2012 5:56am
thanks okanemici and you sir , for spot response and you too friends this makes great forum to last longer and this shows how ppl are interested to help each other .

so since D is still bullish its better to take few pips and exit and wait for it to change the trend in D and take a perfect trending trade , awesome ...


thank u both, will keep posting my trdes hope to get the same support ..

so the aim is to trade less and less possible witth perfect entry logic to get maximum returns, rather keep trading like nuts and bust your account in few trades

loved it
  • #7,337
  • May 15, 2012 9:47am May 15, 2012 9:47am
Quoting yogesheena
hello friends this is my first post , hank u X man for great system and i will trade just H4 bez i am finding it difficult to understand H1 EU system yet

will read more

regars
i paid the price not going with Daily time frame channels 40 pips sl hit my first trade and hit the sl all excited at them zero level but lets see the market is bad , will wait for the perfect channel direction and than only take the trade, plz friends,mentors and learners do support me

regards
  • #7,338
  • May 15, 2012 9:50am May 15, 2012 9:50am
i dont understand one thing,
i saw the daily chart it was uptrend, i am on H4 time frame and my channel indicator is set for 1440 hours as daily tf channels on H4 , than why my cahnnels on H4 is not showing p trend and its showing down trend

it has to show me up trend only right
  • #7,339
  • Edited May 16, 2012 3:09am May 15, 2012 10:32am | Edited May 16, 2012 3:09am
Quoting yogesheena
i dont understand one thing,
i saw the daily chart it was uptrend, i am on H4 time frame and my channel indicator is set for 1440 hours as daily tf channels on H4 , than why my cahnnels on H4 is not showing p trend and its showing down trend

it has to show me up trend only right
Hi,

which SHI channel indicator do you use?

I draw my own channel, see attached chart for example.

the channel will give you a projection where price can go.

Also you need to look at the price action on higher TF like D to see the candle pattern. Yesterday's D candle closed quite strong bullish. So we expect to see follow through.

There is also week 18 high 0.9330 which can provide support for continuation.


regards,

Edit: 0.9330 should be week 11 high**** 15 March high
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF week 20 D channel 15-5-2012 11-14-17 PM.png Size: 45 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,340
  • May 15, 2012 6:44pm May 15, 2012 6:44pm
Quoting emmanuel7788
Hi,

which SHI channel indicator do you use?

I draw my own channel, see attached chart for example.

the channel will give you a projection where price can go.

Also you need to look at the price action on higher TF like D to see the candle pattern. Yesterday's D candle closed quite strong bullish. So we expect to see follow through.

There is also week 18 high 0.9330 which can provide support for continuation.


regards,

Thanks for the great info emmanuel, so you are saying for a safe trade you shouldnt short with a 1h or 4h cross down if d1 cross didnt happen yet, right ?
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