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  • #8,181
  • Aug 23, 2012 2:42am Aug 23, 2012 2:42am
Quoting shakeyiu
Hi Xman,

I'm glad to have you back and see u here

I have some questions about PA, I remember we should only focus on PA rather than indicator. So PA is all about pin bar, inside bar, S/R, I seem can't master PA till now... Hope you can explain more and have a website/book to guide me

As I know, APB+pull back+S/R is more important than TDI?

I have tried develop an EA to help me order once confirmed TDI+APB bar, but I always get late entry and retrace back my SL easily.

Also, does S3 H4 swing still your most profitable trade? I don't see it...
Yes thats all you have to learn.
Learn you important S&R areas. see how the bars look at those areas especially when they bouncing off. whens theres break through it must be a clean breaktrhough.
Notice how the bars look when they have momentum.
Pay attention to the TDI , the MBL. how the green line bounces of the MBL.
As you work with the TDI look at the candles at that point as well.
You will see that it will come with chart time. you will see when certain things happen on the TDI then price react in a certain way.

yes the s3 H4 trades is good i just havent been trading that. i like the 1H and the 15min as i am a full time trader
X-man the legendary conqueror of markets
  • #8,182
  • Aug 23, 2012 2:47am Aug 23, 2012 2:47am
Quoting xuflyeven
hi, X-man!

i short in the TDI Cross, but market goes against me!

my short reason:

1. TDI Cross

2.The pice went down to the 4EMA.

3. price at the egde of the upper trend line in H4

but the trade failed~
Firstly you entered before LO.
secondly you entered when price was in the range of the asian session. when there is an asian range wait for a breakout to confirm.
If you cant wait then go to the 15min TF to enter and exit quickly. You will have to be very nimble to exit if things go the other way. IF you cant handle it then trade conservatively. that means wait for the london to open etc.

If it before the LO i will enter on the 15min and my TPs will be small.
X-man the legendary conqueror of markets
  • #8,183
  • Aug 23, 2012 3:05am Aug 23, 2012 3:05am
info EURUSD TF 60 made a pullback candle blue
but tsi si up and above the MBL it's a signal to look better for a
reversale on the next few hours? or i'll go to the supermarket quiet?
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_68 Aug. 23 10.03.gif Size: 21 KB
  • #8,184
  • Aug 23, 2012 3:05am Aug 23, 2012 3:05am
Quoting X-Man
Firstly you entered before LO.
secondly you entered when price was in the range of the asian session. when there is an asian range wait for a breakout to confirm.
If you cant wait then go to the 15min TF to enter and exit quickly. You will have to be very nimble to exit if things go the other way. IF you cant handle it then trade conservatively. that means wait for the london to open etc.

If it before the LO i will enter on the 15min and my TPs will be small.
Thanks X-man!

I will care about the PA more later~

can u share how to make entry or exits in TF15?

Additional, The price have a divergence in the 1H chart!

it's it a good setup for short?
Attached Image (click to enlarge)
Click to Enlarge Name: 123.jpg Size: 158 KB


good trading to all~~~
  • #8,185
  • Aug 23, 2012 3:18am Aug 23, 2012 3:18am
Hey X, good to see you back buddy, as you know i have also tried other systems on smaller TF and trying different indicators but i keep comming back to S3 and what made me money from the beginning. Thanks for putting me back on track with my trading, will always be appreciative, lets make some pips.

Be careful on longs for eu, i see fairly strong resistance at 1.2566, bounced off a couple of times.

cajun
  • #8,186
  • Aug 23, 2012 3:20am Aug 23, 2012 3:20am
I am a program guy and i have written an EA to enter, but it seems many factors in one trade.

Is it possible to take all these factors into EA?

I took pivot, fractal and previous day High/Low as S/R, is it enough?
  • #8,187
  • Aug 23, 2012 3:20am Aug 23, 2012 3:20am
Quoting pinux76
info EURUSD TF 60 made a pullback candle blue
but tsi si up and above the MBL it's a signal to look better for a
reversale on the next few hours? or i'll go to the supermarket quiet?

do you see bearish divergence on TDI H1?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #8,188
  • Aug 23, 2012 3:23am Aug 23, 2012 3:23am
Quoting emmanuel7788
do you see bearish divergence on TDI H1?
Hi emmanuel YESSS
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_69 Aug. 23 10.22.gif Size: 13 KB
  • #8,189
  • Aug 23, 2012 3:24am Aug 23, 2012 3:24am
no str to go up, thought the break out of asia range might be good.
  • #8,190
  • Aug 23, 2012 3:26am Aug 23, 2012 3:26am
Quoting emmanuel7788
do you see bearish divergence on TDI H1?
shall I short?

lack of confidence now because of the failed trade today
  • #8,191
  • Aug 23, 2012 3:29am Aug 23, 2012 3:29am
Quoting xuflyeven
Thanks X-man!

I will care about the PA more later~

can u share how to make entry or exits in TF15?

Additional, The price have a divergence in the 1H chart!

it's it a good setup for short?
Attachment

good trading to all~~~
I wait for PA to close on the other side of the 10ema.
At the same time i pay attention to the MBL slope and the green TDI line.
I wont trade in the opposit direction of the MBL slope.
Even if you look at the 1H TDI you will see there is a slope down. There was abit of support when price tried to cross the yellow MBL. price is trying again.
X-man the legendary conqueror of markets
  • #8,192
  • Aug 23, 2012 3:29am Aug 23, 2012 3:29am
Quoting Con
no str to go up, thought the break out of asia range might be good.

now is 30 mins to TOKYO close, ... anti USD traders exit positions so price comes back down.... never know when the pro-USD traders will come into the market...

it will be clearer later where EU will go.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #8,193
  • Aug 23, 2012 3:33am Aug 23, 2012 3:33am
Quoting xuflyeven
shall I short?

lack of confidence now because of the failed trade today

this is one question a trader must never ask another trader.
my trade plan for today is different from yours.

it is not when you get into the market,
it is what you will do after that which will determine whether you will make profit from the market.

do you have a plan how you will manage yourself out of a losing position?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #8,194
  • Aug 23, 2012 3:36am Aug 23, 2012 3:36am
Divergance
Attached Image (click to enlarge)
Click to Enlarge Name: 1h eu.jpg Size: 122 KB
X-man the legendary conqueror of markets
  • #8,195
  • Aug 23, 2012 3:37am Aug 23, 2012 3:37am
Quoting X-Man
Divergance
ehm ehm i use a little monitor and little divergence
  • #8,196
  • Aug 23, 2012 3:52am Aug 23, 2012 3:52am
Quoting shakeyiu
I am a program guy and i have written an EA to enter, but it seems many factors in one trade.

Is it possible to take all these factors into EA?

I took pivot, fractal and previous day High/Low as S/R, is it enough?
I dont think an EA will ever work for this system.
Infact it will never.
Coz here we make decisions manually. This system is not mechanical system
X-man the legendary conqueror of markets
  • #8,197
  • Aug 23, 2012 3:57am Aug 23, 2012 3:57am
Quoting X-Man
Divergance
Could be somewhat premature but i just shorted at 1.2543, TDI in 68 oversold area fixing to cross MBL, also bounced off again the 1.2566
resistance area.
  • #8,198
  • Aug 23, 2012 4:08am Aug 23, 2012 4:08am
Quoting X-Man
I wait for PA to close on the other side of the 10ema.
At the same time i pay attention to the MBL slope and the green TDI line.
I wont trade in the opposit direction of the MBL slope.
Even if you look at the 1H TDI you will see there is a slope down. There was abit of support when price tried to cross the yellow MBL. price is trying again.

Thanks again Xman.


"I wont trade in the opposit direction of the MBL slope."

i don't understand this one~can u post some examples ?
  • #8,199
  • Aug 23, 2012 4:08am Aug 23, 2012 4:08am
Quoting cajun
Could be somewhat premature but i just shorted at 1.2543, TDI in 68 oversold area fixing to cross MBL, also bounced off again the 1.2566
resistance area.
same for me, EP1.2560.... based on thsi divergence condition.
likely go sideway until the TDI PL move back to the upper BB...then downwards.

I am preapred to build up positions (2x) when price move back higher and get a better average price.
Will see if market will make a correction to the last 2 days bullish rally.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #8,200
  • Aug 23, 2012 4:12am Aug 23, 2012 4:12am
Rising wedge on the 15min tf
Attached Image (click to enlarge)
Click to Enlarge Name: 15min.jpg Size: 98 KB
X-man the legendary conqueror of markets
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