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  • #7,901
  • Jul 29, 2012 4:24am Jul 29, 2012 4:24am
Dear Phx62 when you have free time

can you give me some sample of entry in the week from 17 april to 20 april 2012

for improve my mind in the range market for entry ed exit?
thanks in advance
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  • #7,902
  • Jul 29, 2012 5:33am Jul 29, 2012 5:33am
Quoting Phx62
The market consolidated during first two days of the week. The next two days offered some volume. With the large move up on Thursday, I only took 1 trade at LO on Friday because normally the day following a big move is spent in consolidation. A good trading week for me by just taking the signals around LO.
Good morning Phx 62 and good morning to all!

Thanks for your precious posts!

It's enchanting watch your clean entry and learn this technique comparing with our week

Have a nice sunday!
  • #7,903
  • Jul 29, 2012 10:44am Jul 29, 2012 10:44am
Quoting Phx62
The market consolidated during first two days of the week. The next two days offered some volume. With the large move up on Thursday, I only took 1 trade at LO on Friday because normally the day following a big move is spent in consolidation. A good trading week for me by just taking the signals around LO.
Different Platform, different Data Feed, very similar results. Just goes to show that this method works and bloody well!!!
Attached Image (click to enlarge)
Click to Enlarge Name: 6E TDI 23 - 27 07 2012.png Size: 66 KB
Cut your Losers short and let your Winners run.
  • #7,904
  • Jul 30, 2012 5:02am Jul 30, 2012 5:02am
Today's trade on EURJPY.

PA hits trailing stop.
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-07-29 EURJPY 2TS #.jpg Size: 170 KB
  • #7,905
  • Jul 30, 2012 9:21am Jul 30, 2012 9:21am
Hi PHX62 or the other who use well this system

is correct the entry EURUSD Long at 1.2265?

thanks
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  • #7,906
  • Jul 30, 2012 9:39am Jul 30, 2012 9:39am
Quoting pinux76
Hi PHX62 or the other who use well this system

is correct the entry EURUSD Long at 1.2265?

thanks
hi pin,

Just see how it ends~,

i entry with that single!

but it's seems that the market is in small range.
  • #7,907
  • Jul 30, 2012 9:42am Jul 30, 2012 9:42am
Quoting Star178
Today's trade on EURJPY.

PA hits trailing stop.
hey, star!

what do u mean by trailing stop ,can u explain that in ur post?

thanks.
  • #7,908
  • Edited 10:37am Jul 30, 2012 10:16am | Edited 10:37am
Quoting xuflyeven
hi pin,

Just see how it ends~,

i entry with that single!

but it's seems that the market is in small range.
i'm studing the entry metod non the % of success of the trade

I entry only from the the 8.00 (open London) and 16.00
i don't wont to live in front of the pc

but in this moment i'm in demo/studing account
  • #7,909
  • Jul 30, 2012 10:46am Jul 30, 2012 10:46am
PHX62

this entry long is before the close of the candle

the question is the PA say Long but the candle is not close yet

why entry long? thanks
Attached Image (click to enlarge)
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  • #7,910
  • Jul 30, 2012 4:45pm Jul 30, 2012 4:45pm
Hello Phx,
can you post same CaveManager settings for good trading (sl,tp)? (when we can't stay at pc)
For example: Include_Mid_Levels_SR, UsePivots_for_TP, UseNoLossAfterPips, etc..
Always thanks!
:-)
  • #7,911
  • Edited 6:38pm Jul 30, 2012 4:57pm | Edited 6:38pm
Quoting pinux76
PHX62

this entry long is before the close of the candle

the question is the PA say Long but the candle is not close yet

why entry long? thanks
Why NOT a long entry at that location? Per the rules of TMS, you enter on the first or second candle open following a cross of the TDI. The candle turned blue and the TDI crossed at the open of the entry candle but that alone was not enough for me to enter a long trade. The three previous candles stalled out (made higher lows each time) on the short trade, so I exited that trade for a small profit. Price on the blue entry candle moved about 5 pips lower than the previous 3 candles but then pulled back immediately leaving a long lower wick. That 'pull back bar" indicated to me that the market may be changing direction. Once price pulled above the previous inside bar, I entered long. It turns out that my analysis was correct and I gained 50 pips. If I had been able to monitor the trade, I probably would have taken another 25 or 30 pips. If my analysis had been wrong, I would have taken a small loss and looked for another entry.
I hope this helps you understand why I took the trade when I did.
  • #7,912
  • Jul 30, 2012 8:15pm Jul 30, 2012 8:15pm
Quoting xuflyeven
hey, star!

what do u mean by trailing stop ,can u explain that in ur post?

thanks.
Hi Xu

I enter manually with 0.2 lots and the trailing EA will set the stoploss (SL) and take profit (TP) level. On the previous post you will notice that there are 3 short line drawn on the chart, for the purpose of this explanation I redraw them with a thicker line. (initally there are only 2 lines.)

When the price hits the 1st take profit level, the EA closes 50% of the trade, and moves the SL to breakeven level. As the price moves further south, the trailing SL will moves in step of 5 pips with a distance of 20 pips (preset into the EA).

However if the price retraces more then 20 pips, the trailing stop cannot move backward, so closes the trade.
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-07-30 EURJPY trade.jpg Size: 224 KB
  • #7,913
  • Jul 31, 2012 12:54am Jul 31, 2012 12:54am
Quoting Phx62
Why NOT a long entry at that location? Per the rules of TMS, you enter on the first or second candle open following a cross of the TDI. The candle turned blue and the TDI crossed at the open of the entry candle but that alone was not enough for me to enter a long trade. The three previous candles stalled out (made higher lows each time) on the short trade, so I exited that trade for a small profit. Price on the blue entry candle moved about 5 pips lower than the previous 3 candles but then pulled back immediately leaving a long lower wick....
thanks far all ,now my little mind is happy heheh
  • #7,914
  • Jul 31, 2012 1:25am Jul 31, 2012 1:25am
PHX62 it was a correct entry short?
thanks
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  • #7,915
  • Jul 31, 2012 2:11am Jul 31, 2012 2:11am
Quoting pinux76
PHX62 it was a correct entry short?
thanks
This is Asain session!
Set timezone in your indicators :-)
  • #7,916
  • Jul 31, 2012 2:52am Jul 31, 2012 2:52am
Quoting pinux76
PHX62 it was a correct entry short?
thanks
Hi, pin

u should care about the support and resistent areas!

as X-man saying, just wait for the break before ur trade.
  • #7,917
  • Jul 31, 2012 4:50am Jul 31, 2012 4:50am
Quoting Star178
Hi Xu

I enter manually with 0.2 lots and the trailing EA will set the stoploss (SL) and take profit (TP) level. On the previous post you will notice that there are 3 short line drawn on the chart, for the purpose of this explanation I redraw them with a thicker line. (initally there are only 2 lines.)

When the price hits the 1st take profit level, the EA closes 50% of the trade, and moves the SL to breakeven level. As the price moves further south, the trailing SL will moves in step of 5 pips with a distance of 20 pips (preset into the EA).

However...
Hi star,

thank u so much!

i am so interested in ur EA, i think it's useful for me

because i am on duty in the daily and have less time to watch the PA.

Can u share that EA for us, i never use that before.

thanks and good trading for u
  • #7,918
  • Jul 31, 2012 5:14am Jul 31, 2012 5:14am
entry at which price?
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  • #7,919
  • Jul 31, 2012 6:35am Jul 31, 2012 6:35am
Quoting xuflyeven
Hi star,

thank u so much!

i am so interested in ur EA, i think it's useful for me

because i am on duty in the daily and have less time to watch the PA.

Can u share that EA for us, i never use that before.

thanks and good trading for u
Attached herein is the EA I described in the earlier post with explanation pdf. (The EA I had on my chart consist of 2 EAs. 1 for trade execution and 2 is the Quik Trailing).
Attached File(s)
File Type: zip Quik Trailing.zip   24 KB | 592 downloads
  • #7,920
  • Jul 31, 2012 7:15am Jul 31, 2012 7:15am
Quoting Star178
Attached herein is the EA I described in the earlier post with explanation pdf. (The EA I had on my chart consist of 2 EAs. 1 for trade execution and 2 is the Quik Trailing).
Thanks
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