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Freebie 1 min trading method

  • #1,021
  • Oct 6, 2012 7:17am Oct 6, 2012 7:17am
Quoting mohan
Attachment

Hi HH,

In this case (the one i circle in red color) how to avaoid this trade? Any rule of thumb? This is 5Min chart.

Thanks.
M
Judging from Price Action.....Price begins to make Higher Lows....so....it is in conflict with the indicators (which signal a sell)...so obviously this a time to stay away......Higher Highs, Higher Lows...buy.......Lower Lows, Lower Highs...Sell......the indicators are only for final confirmation...but price dictates entry...this is true of ANY system....
  • #1,022
  • Oct 8, 2012 2:32am Oct 8, 2012 2:32am
[quote=4xplosion;6075176]Judging from Price Action.....Price begins to make Higher Lows....so....it is in conflict with the indicators (which signal a sell)...so obviously this a time to stay away......Higher Highs, Higher Lows...buy.......Lower Lows, Lower Highs...Sell......the indicators are only for final confirmation...but price dictates entry...this is true of ANY system....[/quot
Attached Image (click to enlarge)
Click to Enlarge Name: 100812_1.PNG Size: 64 KB


i'm watching the trade since morning...but never come a perfect entry....
Any other method to grab the pips?

thanks.
M
  • #1,023
  • Oct 8, 2012 6:17am Oct 8, 2012 6:17am
[quote=mohan;6077299]
Quoting 4xplosion
Judging from Price Action.....Price begins to make Higher Lows....so....it is in conflict with the indicators (which signal a sell)...so obviously this a time to stay away......Higher Highs, Higher Lows...buy.......Lower Lows, Lower Highs...Sell......the indicators are only for final confirmation...but price dictates entry...this is true of ANY system....[/quot Attachment

i'm watching the trade since morning...but never come a perfect entry....
Any other method to grab the pips?

thanks.
M
Mohan,

You can find more entry on these M1 charts:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu 08.10.2012..gif Size: 21 KB
Click to Enlarge Name: eu 08.10.2012.-2.gif Size: 30 KB
  • #1,024
  • Oct 8, 2012 9:34pm Oct 8, 2012 9:34pm
[quote=daftman;6077940]
Quoting mohan

Mohan,

You can find more entry on these M1 charts:
Hi Daftman,

Thanks for the reply. BTW, how do you installed 2 HA in the chart? can you please share your template?

Thanks.Mohan
  • #1,025
  • Oct 9, 2012 5:50am Oct 9, 2012 5:50am
[quote=mohan;6079669]
Quoting daftman

Hi Daftman,

Thanks for the reply. BTW, how do you installed 2 HA in the chart? can you please share your template?

Thanks.Mohan
Mohan,

It's very easy. Simply put the Heiken Ashi MA indicator twice to the chart. Change the colours and the timeframe.
  • #1,026
  • Oct 18, 2012 9:47am Oct 18, 2012 9:47am
[quote=daftman;6081032]
Quoting mohan

Mohan,

It's very easy. Simply put the Heiken Ashi MA indicator twice to the chart. Change the colours and the timeframe.
Still there are some loop hole. Some time, there is still lose....Anyway i'm still in demo acc....
  • #1,027
  • Oct 18, 2012 2:15pm Oct 18, 2012 2:15pm
[quote=mohan;6077299]
Quoting 4xplosion
Judging from Price Action.....Price begins to make Higher Lows....so....it is in conflict with the indicators (which signal a sell)...so obviously this a time to stay away......Higher Highs, Higher Lows...buy.......Lower Lows, Lower Highs...Sell......the indicators are only for final confirmation...but price dictates entry...this is true of ANY system....[/quot Attachment

i'm watching the trade since morning...but never come a perfect entry....
Any other method to grab the pips?

thanks.
M
What a mess! No wonder you're confused, take all that garbage off and learn to trade properly.
  • #1,028
  • Oct 19, 2012 1:54am Oct 19, 2012 1:54am
[quote=zortan;6113140]
Quoting mohan

What a mess! No wonder you're confused, take all that garbage off and learn to trade properly.
Hi,

What do you mean? Can you please post your template and teach me...

Thanks.
  • #1,029
  • Oct 24, 2012 8:33am Oct 24, 2012 8:33am
[quote=mohan;6114537]
Quoting zortan

Hi,

What do you mean? Can you please post your template and teach me...

Thanks.
Mohan,

Harrington teach you his strategy in this thread. Can't you make money with it?
  • #1,030
  • Oct 25, 2012 7:50pm Oct 25, 2012 7:50pm
Look forward to browsing this thread
  • #1,031
  • Oct 30, 2012 7:18am Oct 30, 2012 7:18am
[quote=daftman;6128735]
Quoting mohan

Mohan,

Harrington teach you his strategy in this thread. Can't you make money with it?
Hi daftman & HH,

Yes, i make money. The problem is, i do not know how much is the R/R.
Normally my SL will be 25-30pips and TP is 5 Pip. I only trade on 5M TF. So what is the best R/R?

Please advice.

Thanks.
  • #1,032
  • Oct 30, 2012 8:41am Oct 30, 2012 8:41am
You should look for a least 2 to 1 reward to risk ratio.
If your stop loss is 10 pips there should be the possability of making 20 pips etc etc etc.
Attached Image (click to enlarge)
Click to Enlarge Name: NY open.PNG Size: 119 KB
  • #1,033
  • Oct 30, 2012 11:20am Oct 30, 2012 11:20am
[quote=zortan;6113140]
Quoting mohan

What a mess! No wonder you're confused, take all that garbage off and learn to trade properly.
Zortan, please let us know how you trade successfully, rather than coming in an trashing the thread.

Would you like to have a competition for a week to see who can make the most pips.
  • #1,034
  • Oct 30, 2012 3:28pm Oct 30, 2012 3:28pm
harrington,

what is the name of that indicator you're using, the one in your screenshot two posts back. the red and a blue one behind the price action.

Thanks
  • #1,035
  • Oct 30, 2012 10:29pm Oct 30, 2012 10:29pm
Quoting mannai70
harrington,

what is the name of that indicator you're using, the one in your screenshot two posts back. the red and a blue one behind the price action.

Thanks
mannai,

Please read back all the post by HH. You can find the indicator from 2nd-5th page of the discussion. BTW, this is Heiken Ashi (HA) indicator.

Thanks
  • #1,036
  • Oct 30, 2012 10:30pm Oct 30, 2012 10:30pm
Quoting hharrington
You should look for a least 2 to 1 reward to risk ratio.
If your stop loss is 10 pips there should be the possability of making 20 pips etc etc etc.
Hi HH,

Thanks.
  • #1,037
  • Nov 11, 2012 2:10am Nov 11, 2012 2:10am
What kind of trade is taken at the time of pullback?

Is a position taken?
Or is it a send-off?

Thanks
  • #1,038
  • Nov 14, 2012 12:59pm Nov 14, 2012 12:59pm
  •  denozi
  • | Joined Aug 2012 | Status: trade with Patient & Discipline | 82 Posts
Dear Professional,

Will you be so kind enough to post me the indicators? I should thank you so much for it.
Regards
DenOzi

Quoting hharrington
First lesson is we need to know the direction of the 15 min

I am convinced that Heiken ashi smoothed indicators give you a distinct advantage in finding direction on any time frame
I am a new 2 Forex- Your help would be greatly appreciated
  • #1,039
  • Nov 15, 2012 3:07am Nov 15, 2012 3:07am
Quoting denozi
Dear Professional,

Will you be so kind enough to post me the indicators? I should thank you so much for it.
Regards
DenOzi
after try so many times, i still in lost side
  • #1,040
  • Nov 15, 2012 3:17am Nov 15, 2012 3:17am
Quoting mohan
after try so many times, i still in lost side

Sorry, but I think you are spinning your wheels on this one...Elvis has gone and left the building loooong time ago!!
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