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  • #9,041
  • Edited 7:35am Nov 1, 2012 7:24am | Edited 7:35am
Quoting munirpt
Here is my reversal trade.
Everything is explained on the chart.

Did someone else take this trade?
I did not take it because of the impending news, even small news sends thing haywire. I took the 123 for +15.

Just noticed. Your platform signaled the TDI cross 1 candle earlier than my platform
Attached Image (click to enlarge)
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Cut your Losers short and let your Winners run.
  • #9,042
  • Nov 1, 2012 7:28am Nov 1, 2012 7:28am
Quoting dee50
The 123 played out. But where will it go. You can use your Fib Expansion tool to judge that. The C-D leg will be approximately equal to the A-B leg, lets see what happens.
i was about to ask you where would you place your target. thanks for the answer
  • #9,043
  • Nov 1, 2012 7:43am Nov 1, 2012 7:43am
24 pips on the reversal trade.
Exit was on pivot point for today

10+24 = 34 pips

now lets wait for the afternoon....
Attached Image (click to enlarge)
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  • #9,044
  • Nov 1, 2012 7:51am Nov 1, 2012 7:51am
Quoting dee50
I did not take it because of the impending news, even small news sends thing haywire. I took the 123 for +15.

Just noticed. Your platform signaled the TDI cross 1 candle earlier than my platform
my TDI signal came at 11 am. i think yours too.
  • #9,045
  • Nov 1, 2012 7:55am Nov 1, 2012 7:55am
See what I mean about the news. There was a time when Good US data would send the euro down and vice versa. Now, is it risk on or Risk off.

I took the Breakout of the WK pivot and 38% Asian High for just +10pips.

Your trades are better than mine, I prefer yours, would you like to swap?
Cut your Losers short and let your Winners run.
  • #9,046
  • Nov 1, 2012 7:56am Nov 1, 2012 7:56am
Quoting munirpt
my TDI signal came at 11 am. i think yours too.
Mine was at 13pm, Wasn,t yours at the close of that large Doji? My doji closed at 12am, my signal candle at 13pm
Cut your Losers short and let your Winners run.
  • #9,047
  • Nov 1, 2012 7:59am Nov 1, 2012 7:59am
Quoting dee50
See what I mean about the news. There was a time when Good US data would send the euro down and vice versa. Now, is it risk on or Risk off.

I took the Breakout of the WK pivot and 38% Asian High for just +10pips.

Your trades are better than mine, I prefer yours, would you like to swap?
ehehehe, im just a newbie... really!
Im trying to post trades and some analyses to help me learn better what I do. I still have a long way to go to reach your level....
  • #9,048
  • Nov 1, 2012 8:02am Nov 1, 2012 8:02am
Quoting dee50
Mine was at 13pm, Wasn,t yours at the close of that large Doji? My doji closed at 12am, my signal candle at 13pm
this is my chart. your TDI is different?
Attached Image (click to enlarge)
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  • #9,049
  • Nov 1, 2012 8:12am Nov 1, 2012 8:12am
Quoting munirpt
this is my chart. your TDI is different?
Yes, I am one candle behind. Typical!!

I know there is a price difference between spot forex and futures, but there seems to be other differences as well. They certainly do not want an even playing field.
Attached Image (click to enlarge)
Click to Enlarge Name: signal diff.png Size: 33 KB
Cut your Losers short and let your Winners run.
  • #9,050
  • Nov 1, 2012 8:38am Nov 1, 2012 8:38am
Quoting munirpt
ehehehe, im just a newbie... really!
Im trying to post trades and some analyses to help me learn better what I do. I still have a long way to go to reach your level....
You are going really well munirpt. So I'll chuck out this for you to consider. Not sure if you watch other currencies.

I was busy at work and Mrs V had already switched off. Didn't take this. OK if I can I'd prefer to go with the trend than against. Here GU (and GJ) clearly still going up and signaled 15-30 mins before EUR. If GU buy trade was missed gave a good heads up for EUR reversal and plenty of time to consider whether you wish to take EUR buy, or not.
Attached Image(s) (click to enlarge)
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  • #9,051
  • Nov 1, 2012 9:48am Nov 1, 2012 9:48am
Quoting Vantage
You are going really well munirpt. So I'll chuck out this for you to consider. Not sure if you watch other currencies.

I was busy at work and Mrs V had already switched off. Didn't take this. OK if I can I'd prefer to go with the trend than against. Here GU (and GJ) clearly still going up and signaled 15-30 mins before EUR. If GU buy trade was missed gave a good heads up for EUR reversal and plenty of time to consider whether you wish to take EUR buy, or not.
Hi Vantage

Thanks for your kind words. Its very comforting to hear from someone experienced as you that im doing well :-)

I follow other currencies, but at the moment I only trade EU.
Still want to gain more experience with only one pair.
Once i master it, then i will start trading other pairs.
I monitor all the pairs on the Daily and 4H chart and maintain a Daily journal with my analysis.

The lines you can see on my chart are lines that are marked from more than 30 days ago and the market respects them very well.

Based on this analysis, i want to trade all these pairs on the 1H TF , once im able to do so.

for the moment still in a learning stage.... so One Pair, One Timeframe....
Attached Image (click to enlarge)
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  • #9,052
  • Nov 1, 2012 10:42am Nov 1, 2012 10:42am
+20 +10 +15

Took a short off the 15min, break below the 1hr 200 EMA, target was the 61.8% Fibo which was the congestion and swing point from earlier. +25

Munir is showing you how to trade the 1Hr charts, very effectively, I am using the 15 min, mainly because I have not yet mastered reading PA on the 1 hr, but with Munirīs help I will.

Sorry. Reason for the short. Double Top off resisitance. break below the 1 hr 200 EMA. Good momentum and sharp angle on the TDI.
Attached Image (click to enlarge)
Click to Enlarge Name: 1 11 pm.png Size: 46 KB
Cut your Losers short and let your Winners run.
  • #9,053
  • Nov 1, 2012 10:47am Nov 1, 2012 10:47am
Quoting dee50
+20 +10 +15

Took a short off the 15min, break below the 1hr 200 EMA, target was the 61.8% Fibo which was the congestion and swing point from earlier. +25

Munir is showing you how to trade the 1Hr charts, very effectively, I am using the 15 min, mainly because I have not yet mastered reading PA on the 1 hr, but with Munirīs help I will.

Sorry. Reason for the short. Double Top off resisitance. break below the 1 hr 200 EMA. Good momentum and sharp angle on the TDI.
this one I didn't get....
You are making more pips than me everyday!!!!

great trading!
  • #9,054
  • Nov 1, 2012 11:01am Nov 1, 2012 11:01am
Look. There are 34 traders viewing this thread, I hope they are all trading this method because there are pips to be got using this. The TDI is an excellent Indi, did you know that it has been around since the early 90īs and has been in use since then, with very little modification along the way.
Cut your Losers short and let your Winners run.
  • #9,055
  • Nov 1, 2012 11:04am Nov 1, 2012 11:04am
Quoting munirpt
this one I didn't get....
You are making more pips than me everyday!!!!
Give it 1 more month and I will be struggling to keep up with you
Cut your Losers short and let your Winners run.
  • #9,056
  • Nov 1, 2012 2:59pm Nov 1, 2012 2:59pm
Hi guys

Do you have any trading strategy that you apply for NFP?
or you just don't trade NFPs?

looking forward to hear some advice from experienced traders.

Cheers

Munir
  • #9,057
  • Nov 1, 2012 8:06pm Nov 1, 2012 8:06pm
Today its NFP Day.
Market is very volatile and can rapidly reach and bounce between levels of support and resistance.

I marked some important levels for your reference. Keep an eye when market reaches these levels and look for signals to enter with your trading system.

Wish you a nice day!
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  • #9,058
  • Nov 1, 2012 10:57pm Nov 1, 2012 10:57pm
Quoting munirpt
Today its NFP Day.
Market is very volatile and can rapidly reach and bounce between levels of support and resistance.

I marked some important levels for your reference. Keep an eye when market reaches these levels and look for signals to enter with your trading system.

Wish you a nice day!
Thanks , i think i saw this idea on PTN ?

Hey fellas i got +31 yesterday - EU/HI , in at 50.5 out very near the top at 81.5
  • #9,059
  • Nov 1, 2012 11:14pm Nov 1, 2012 11:14pm
Quoting dee50
There he is, he hasn,t left us yet. Phx62.
I haven't left the thread.....just been very busy finishing the remodeling of a new home (doing much of the work myself with the help of family members) and keeping my business running.
I did spend some time last week looking at the M15 thread....it's not for me...I made some pips but it requires lots of screen time monitoring and managing trades.....plus, as you are aware, price whipsaws a lot on the M15....I did find a couple of useful ideas and tools to incorporate into my trading plan. In my opinion, using the M15 for an earlier entry is fine as long as you can monitor the trade on the H1. I know both of you enter some trades on the M15.
This week I have traded according to my tried and true trading plan with pretty much the same success I've been having....235 pips so far this week....taking several of the same trades both of you took. The 200EMA on the H1 time frame provided lots of interesting trades for the week. I will post my weekly chart sometime this weekend for those who may be interested.
Thanks for your continued posting on this thread and Vantage for his input, as well. Price action, S&R, a couple of EMA's and the TDI are all one needs to be successful.
  • #9,060
  • Nov 2, 2012 12:02am Nov 2, 2012 12:02am
Quoting munirpt
Today its NFP Day.
Market is very volatile and can rapidly reach and bounce between levels of support and resistance.

I marked some important levels for your reference. Keep an eye when market reaches these levels and look for signals to enter with your trading system.

Wish you a nice day!

yes i have 1. wait for the news release

first strategy, if it's a bad figure then you sell

second stategy, if it's good figure then buy

this is what i'm doing, but very little success though
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