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  • #8,581
  • Sep 17, 2012 11:08am Sep 17, 2012 11:08am
Quoting krishari
Hi Phx62,

Another great trades. Quick question, did you changed you LO Box indicator timings. It looks like you are trading two hours after LO.

Thank you
No....I still trade LO to London close.....the boxes reflect those times in Arizona USA.
  • #8,582
  • Sep 17, 2012 11:14am Sep 17, 2012 11:14am
Quoting xuflyeven
Hi, Phx62

Good to see ur post.what is ur trading plan?

The same as the S-1 method?

Thanks

J.C Xu
Yes....my trading plan is based on the TMS and S3 systems with some additions based on my experience and study. I have written rules about when and how I trade, based on the above factors. Everyone should develop their own trading plan based on what works for them.
For anyone trying to develop a trading plan, the Pro Traders Network has lots of good ideas.....the link to that site has been posted on this thread a couple of times.
  • #8,583
  • Sep 17, 2012 8:08pm Sep 17, 2012 8:08pm
Quoting Vantage
Mrs V got in 1 candle earlier around 3114 for a scalp CT sell.

I know one of these days its going to run CT, anyway I had D pivot at 3090. Your candle was 2nd close into CT move. So with benefit of hindsight 2nd candle in move, hasn't cracked D pivot, in and around RN all reasons to take care when its CT.

Hi Vantage,

Yes, your are right, there are several other risks for that H1 LO trade yesterday... 1.3100 and the DPv 1.3090 were my concern too.

1.3100 seem to hold quite well even during today Tokyo morning session.
I am sure many buyers stops are parked behind this level.

We shall see how today market will play out this week as the market start digest QE3.


Regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #8,584
  • Sep 17, 2012 10:01pm Sep 17, 2012 10:01pm
I usually dont visit other threads.....since its my brothers house i thought i would pay a visit....

so many experienced traders here making big pips...wonderful system my brother...keep up the good work may god bless you with all that he has got.

stay blessed
Let all the living things live blissfully
  • #8,585
  • Sep 17, 2012 10:21pm Sep 17, 2012 10:21pm
Quoting emmanuel7788
Hi Vantage,

Yes, your are right, there are several other risks for that H1 LO trade yesterday... 1.3100 and the DPv 1.3090 were my concern too.

1.3100 seem to hold quite well even during today Tokyo morning session.
I am sure many buyers stops are parked behind this level.

We shall see how today market will play out this week as the market start digest QE3.


Regards,
A distinct double top on 4hr, divergences showing, 1hr HH HL flow a bit of a struggle. 3080 still a problem with decent move from there yesterday but at least now theres more than 1 candle 1 TF to go CT.

Its still CT though and for now no reason to believe this is anything but a pause in move up.

COT reports showing big boys selling their EUR shorts in an orderly fashion. I suppose they'd love to move price lower to get out at a better level.

Anyway for us sells still CT until D proves otherwise.
  • #8,586
  • Sep 18, 2012 1:48am Sep 18, 2012 1:48am
Quoting johNal
I entered at the close of that M15 candle but only targeted 15pips and now I realise it is because I could not interprete it the way you have shown it. I lacked the courage to re- enter, only wished I had targeted more. But important thing is I am learning!
You made + 15 pips
You learnt a bit more
You do not need courage to trade, you need confidence.
Confidence comes with knowledge and familiarity.

Today you got a little bit more of both, well done.
Cut your Losers short and let your Winners run.
  • #8,587
  • Sep 18, 2012 2:57am Sep 18, 2012 2:57am
Quoting Vantage
A distinct double top on 4hr, divergences showing, 1hr HH HL flow a bit of a struggle. 3080 still a problem with decent move from there yesterday but at least now theres more than 1 candle 1 TF to go CT.

Its still CT though and for now no reason to believe this is anything but a pause in move up.

COT reports showing big boys selling their EUR shorts in an orderly fashion. I suppose they'd love to move price lower to get out at a better level.

Anyway for us sells still CT until D proves otherwise.
well, the double top on H4 is clearly seen. As some interpret this as market come off from the supply above the 1.3150 region.

I took my eyes off the charts for a hours and relax. Now it looks running down nicely. I see WPv 1.3037 and DS2 1.3032 may see a pause.
Technical stops near 1.3020 for many traders using 2xH4 ATR (10).

1.3000 should be in sight for a good 38% fib-r of last week' rally.

Now got to manage my trade.

Trade Well!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #8,588
  • Sep 18, 2012 5:40am Sep 18, 2012 5:40am
Quoting emmanuel7788
well, the double top on H4 is clearly seen. As some interpret this as market come off from the supply above the 1.3150 region.

I took my eyes off the charts for a hours and relax. Now it looks running down nicely. I see WPv 1.3037 and DS2 1.3032 may see a pause.
Technical stops near 1.3020 for many traders using 2xH4 ATR (10).

1.3000 should be in sight for a good 38% fib-r of last week' rally.

Now got to manage my trade.

Trade Well!
Anywhere from 1.30600 to 1.30000 ie the body to wick lows from Feb-Apr '12 could provide bounces.

Good luck, break a leg rather.
  • #8,589
  • Sep 18, 2012 7:40am Sep 18, 2012 7:40am
Quoting dee50
You made + 15 pips
You learnt a bit more
You do not need courage to trade, you need confidence.
Confidence comes with knowledge and familiarity.

Today you got a little bit more of both, well done.
Thanks dee50 for those words of encouragement. It is true, each day I learn something and it is all thanks to you nice ppl who are generous with your knowledge
  • #8,590
  • Sep 18, 2012 10:41am Sep 18, 2012 10:41am
Quoting emmanuel7788
hi thrax,


EA on D start to look ugly. But H4 now show sign of a triangle consolidation pattern. I love this 5-wave pattern at the end of a strong impulse wave. Now is to see how the wave e will end and look for the next big wave. Let the TDI cross show the way.
Hi, emmanuel,

there was a nice impulse wave as we expected after the break out of the triangle pattern. After the TDI cross and the break the trade resulted in 108 pips profit hitting the TP just below the D-resistance level.

I have just entered USDCAD H4 short. TP is just above the D-support level.

take care, thrax
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURAUD_H4_strategy name_20120918203621.gif Size: 20 KB
Click to Enlarge Name: USDCAD_H4_strategy name_20120918200645.gif Size: 22 KB
  • #8,591
  • Sep 18, 2012 6:39pm Sep 18, 2012 6:39pm
Took 2 shorts on September 17 based on 4H charts, entered at the vertical line when RSI price line (white line) crossed the yellow line.
The eurusd trade is still going. SL moved to BE+40 pips, currently +66 pips in total.

Exited the audusd short trade when there was an inside bar because at that time I was afraid that if the trend went against me, I might be exposed to double risk. Now I realize that my decision to close the aussie trade instead of the eurusd trade was imprudent as I looked at the euraud chart which showed a strong uptrend favoring eur.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd 2012.09.17.gif Size: 26 KB
Click to Enlarge Name: audusd 2012.09.17.gif Size: 23 KB
  • #8,592
  • Sep 19, 2012 2:43am Sep 19, 2012 2:43am
Hello folks,

eerie quiet on this thread.

where is everbody?
no one wants to trade H1 and H4 method or you all simply do not want to post and discuss.

Trade Well!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #8,593
  • Sep 19, 2012 2:53am Sep 19, 2012 2:53am
Quoting emmanuel7788
Hello folks,

eerie quiet on this thread.

where is everbody?
no one wants to trade H1 and H4 method or you all simply do not want to post and discuss.

Trade Well!
I am here! Eu is in the down trend, does anyone short for this?

Good trading!
  • #8,594
  • Sep 19, 2012 3:03am Sep 19, 2012 3:03am
Quoting emmanuel7788
Hello folks,

eerie quiet on this thread.

where is everbody?
no one wants to trade H1 and H4 method or you all simply do not want to post and discuss.

Trade Well!
Hi Emmanuel and all S3 traders,

I am still a diligent student come to this thread few times daily.

Today I am more a setup waiter. Considering D1 uptrend, thought (who am I to think i can predict the end of retracement!!) H4 retrace nearly end so trend will align to D1, I was waiting for EU H1 long setup. Suddenly H1 price was break down EMA60 and TDI crossdown. The momentum bar body is quite big around 30 pip...

Do you people still trade the bar after that such big bar? Also want to ask do you avoid trading close to or after high news announcement?

Thank you..
  • #8,595
  • Sep 19, 2012 3:04am Sep 19, 2012 3:04am
Quoting Mr.H
Took 2 shorts on September 17 based on 4H charts, entered at the vertical line when RSI price line (white line) crossed the yellow line.
The eurusd trade is still going. SL moved to BE+40 pips, currently +66 pips in total.

Exited the audusd short trade when there was an inside bar because at that time I was afraid that if the trend went against me, I might be exposed to double risk. Now I realize that my decision to close the aussie trade instead of the eurusd trade was imprudent as I looked at the euraud chart which showed a strong uptrend...
Hi, i am looking for a EA for trade management! can u share urs?

Thanks and best regards!

J.C Xu
  • #8,596
  • Sep 19, 2012 3:07am Sep 19, 2012 3:07am
I just download all the indicators and today I am studying how to use it and apply to the trades : DEMO . I hope it will help me. Forgive me if I ask stupid qns .
  • #8,597
  • Sep 19, 2012 3:21am Sep 19, 2012 3:21am
Quoting emmanuel7788
Hello folks,

eerie quiet on this thread.

where is everbody?
no one wants to trade H1 and H4 method or you all simply do not want to post and discuss.

Trade Well!
method beautiful but in bounce trade need to go to low tf i think ;-)
  • #8,598
  • Sep 19, 2012 3:30am Sep 19, 2012 3:30am
Quoting xuflyeven
Hi, i am looking for a EA for trade management! can u share urs?

Thanks and best regards!

J.C Xu
In the meantime, search on FF for QUIK Trailing EA, it is here somewhere, many places actually, even has a manual, easy to use, what more do you want?

It takes a lot for me to IGNORE you, but you can try.
  • #8,599
  • Sep 19, 2012 4:03am Sep 19, 2012 4:03am
Another 15 min entry, + 50. There was no entry on the 1 hr, I missed the first entry on the 15 min, outside my trading time. I now have a 1 hr entry running and 20 pips in profit stop is at B/E +2, price is at a major S/R level (check the daily). We will see if it has the legs to run on.
Attached Image (click to enlarge)
Click to Enlarge Name: Weds 19 15 min.png Size: 51 KB
Cut your Losers short and let your Winners run.
  • #8,600
  • Sep 19, 2012 4:43am Sep 19, 2012 4:43am
Quoting dee50
Another 15 min entry, + 50. There was no entry on the 1 hr, I missed the first entry on the 15 min, outside my trading time. I now have a 1 hr entry running and 20 pips in profit stop is at B/E +2, price is at a major S/R level (check the daily). We will see if it has the legs to run on.
Hi Dee,
why did you say there was no entry on H1?

I found this signal bar on H1 but I didn't take it because the signal bar was too big (CS body: 30, HL: 48). Is it invalid signal? Please sharing if it was invalid one, so i can do better next time.

Thank you.
Attached Image (click to enlarge)
Click to Enlarge Name: eu-19sept-1.png Size: 36 KB
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