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  • #10,221
  • Feb 12, 2013 7:40am Feb 12, 2013 7:40am
dee50, once wrote that you are trading futures. What indicators do you use the futures market? And can you recommend some sort of site it is a good strategy for futures and stocks? Sorry for the translation. I use google translator.
  • #10,222
  • Feb 12, 2013 8:12am Feb 12, 2013 8:12am
hello everybody - started playing around with this system (again ).
very small size live for now both with 50 pips SL
eurusd +61.5 pips
eurjpy +75 pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 12 feb eurusd.gif Size: 32 KB
Click to Enlarge Name: 12 feb eurjpy.gif Size: 32 KB
  • #10,223
  • Feb 12, 2013 8:14am Feb 12, 2013 8:14am
Quoting mierzyk
dee50,
Can you please be that kind and comment on below PA?

Here is the EUR/USD H1:
http://img708.imageshack.us/img708/833/eu20130212.jpg

LO candle is a pullback candle, indicating some bull strength. Yet, 10:00 GTM candle at any point did not make green cross yellow/MBL. It did cross red, though. Moreover, it may be expected that price would continue in the direction of Asian drop. I stood flat.

10:00 GTM candle ended up being a pullback candle aswell. At the time of opening candle of 11:00, green line clearly was bouncing...
Thanks for posting , I as well did not do well today, hope to get answers for pros
I Have Learned to Take Some Losses to Make Profits
  • #10,224
  • Feb 12, 2013 8:43am Feb 12, 2013 8:43am
Quoting mierzyk
dee50,
Can you please be that kind and comment on below PA?

LO candle is a pullback candle, indicating some bull strength. Yet, 10:00 GTM candle at any point did not make green cross yellow/MBL. It did cross red, though. Moreover, it may be expected that price would continue in the direction of Asian drop. I stood flat.

10:00 GTM candle ended up being a pullback candle aswell. At the time of opening candle of 11:00, green line clearly was bouncing off the red and pointing down. Same candle tested the high of Asian and reversed (high was just...
Waiting for some confirmation was sensible. But.
A look at the 15 min would have given you a clearer picture. A look at the 4 hr would have helped as well.

Double Bottom. Hidden Divergence. Rising Trend Line. Rising MBL close to 50 level. 2 opposite Pullback candles, the 1 & 2 legs of a 123. Price unable to pull away from the S&R level @ 1.3380 ish
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 12 02 response.png Size: 32 KB
Click to Enlarge Name: 12 02 15 min response.png Size: 30 KB
Cut your Losers short and let your Winners run.
  • #10,225
  • Feb 12, 2013 8:49am Feb 12, 2013 8:49am
Quoting tonny47
hello everybody - started playing around with this system (again ).
very small size live for now both with 50 pips SL
eurusd +61.5 pips
eurjpy +75 pips
Cut your Losers short and let your Winners run.
  • #10,226
  • Feb 12, 2013 9:02am Feb 12, 2013 9:02am
EU +35pips CT. Typical 123 reversal. Entry at the 61.8% pullback of the 2-3 leg. Target was the 100% expansion of the 1-2 leg. TDI confirmed entry with a bounce from OB. This is on the 15 min chart. The hourly cross came far too late.
Attached Image (click to enlarge)
Click to Enlarge Name: 12 02 CT +35 pips.png Size: 33 KB
Cut your Losers short and let your Winners run.
  • #10,227
  • Feb 12, 2013 9:30am Feb 12, 2013 9:30am
Quoting tonny47
hello everybody - started playing around with this system (again ).
very small size live for now both with 50 pips SL
eurusd +61.5 pips
eurjpy +75 pips
I see that you EUR/USD trade was enter on a pullback candle, but the second candle went in the direction and then turned to be a huge pullback candle, why did you stay in the trade? and not exiting at break-even?

Good luck
I Have Learned to Take Some Losses to Make Profits
  • #10,228
  • Feb 12, 2013 10:25am Feb 12, 2013 10:25am
AB-CD. This shit works. +50 pips following the original rules for this pattern. Really, really tight stop, just in case I got it wrong 7 pip SL, price came within a couple of pips.
Attached Image (click to enlarge)
Click to Enlarge Name: ABCD 12 02 +50.png Size: 34 KB
Cut your Losers short and let your Winners run.
  • #10,229
  • Feb 12, 2013 11:17am Feb 12, 2013 11:17am
Took 2 trades today.....1st trade....I should have paid attention to the LO blue pullback candle but I disregarded it and entered short on the second candle....my mistake........price went 34 pips in my favor and then reversed.....I was not at my computer and my EA was a little slow closing the trade....should have been a BE trade but the EA closed it at -9....in hindsight, entry long on the next candle would have netted 100 pips (but hindsight is 20/20 vision)......
2nd trade......the 4th candle of the London session set the high and pulled back...the 5th candle (blue) did not retest the high and price also pulled back from that high....the entry candle (red) moved up but failed to break the high to the London session and when it moved down again and the TDI RSI price line (green) was crossing the trade signal line (red) and market base line (yellow), I entered for a quick 100 pips....if I had been monitoring the trade, I might have tried for 150 pips but once the trade was in profit by 25 pips, I went back to bed and left the EA to manage the trade.....
Attached Image (click to enlarge)
Click to Enlarge Name: 2013.2.12 ej h1.gif Size: 36 KB
  • #10,230
  • Feb 12, 2013 11:39am Feb 12, 2013 11:39am
Phx62, dee50

What synergy bar indicator you use? I have the recommended one and it shows different colours on marked bars. My MT4 feed provides 5 or 3 decimal quotation.

Anyne can help with this issue?

http://img23.imageshack.us/img23/1592/bugsynergy.jpg
Remember I'm a newbie!
  • #10,231
  • Feb 12, 2013 1:27pm Feb 12, 2013 1:27pm
Quoting dee50
AB-CD. This shit works. +50 pips following the original rules for this pattern. Really, really tight stop, just in case I got it wrong 7 pip SL, price came within a couple of pips.
hello, i stayed in the trade because i want to see about 30-pip move above the entry candle in my favour before moving my stop. i was only looking for longs because we were in uptrend based on the yellow line which is part of tdi indi (MB-line?). what i have to learn from pros is when to take short trades when the line is sloping up as it did today....
  • #10,232
  • Feb 12, 2013 1:28pm Feb 12, 2013 1:28pm
Quoting dee50
thanks mate, lets see how it goes in days to come
  • #10,233
  • Feb 12, 2013 1:37pm Feb 12, 2013 1:37pm
hmmmm... now that i look closer i see your point - didnt know before that they can be different - you are right - the white candle bodies are different to phx62 candle bodie!
Quoting mierzyk
Phx62, dee50

What synergy bar indicator you use? I have the recommended one and it shows different colours on marked bars. My MT4 feed provides 5 or 3 decimal quotation.

Anyne can help with this issue?

http://img23.imageshack.us/img23/1592/bugsynergy.jpg
  • #10,234
  • Feb 12, 2013 1:44pm Feb 12, 2013 1:44pm
Quoting Phx62
Took 2 trades today.....1st trade....I should have paid attention to the LO blue pullback candle but I disregarded it and entered short on the second candle....my mistake........price went 34 pips in my favor and then reversed.....I was not at my computer and my EA was a little slow closing the trade....should have been a BE trade but the EA closed it at -9....in hindsight, entry long on the next candle would have netted 100 pips (but hindsight is 20/20 vision)......
2nd trade......the 4th candle of the London session set the high and pulled back...the...
hi Phx62, how do you get short trades in upward sloping market base line right? i have done some backtesting but i suppose i am looking at wrong thing when analysing trades which would result in many bad trades... do you need to see green line below 50 to go short or is it enough when its below market base line?

all the best,

tonny
  • #10,235
  • Feb 12, 2013 1:48pm Feb 12, 2013 1:48pm
Quoting mierzyk
Phx62, dee50

What synergy bar indicator you use? I have the recommended one and it shows different colours on marked bars. My MT4 feed provides 5 or 3 decimal quotation.

Anyne can help with this issue?

http://img23.imageshack.us/img23/1592/bugsynergy.jpg
I use the basic synergy indicator downloaded from the Compass FX website....
  • #10,236
  • Feb 12, 2013 11:13pm Feb 12, 2013 11:13pm
Hi Phx62,

Could you please attach your yesterday's high & low and 4 hr high & low indicator and last but not the least the ADR indicator that you have on your charts? If you cannot attach them then would be kind enough to guide me where to find them. Thanks in advance.

Best Regards

Raza


Quoting Phx62
Took 2 trades today.....1st trade....I should have paid attention to the LO blue pullback candle but I disregarded it and entered short on the second candle....my mistake........price went 34 pips in my favor and then reversed.....I was not at my computer and my EA was a little slow closing the trade....should have been a BE trade but the EA closed it at -9....in hindsight, entry long on the next candle would have netted 100 pips (but hindsight is 20/20 vision)......
2nd trade......the 4th candle of the London session set the high and pulled back...the...
Raza
  • #10,237
  • Feb 13, 2013 12:47am Feb 13, 2013 12:47am
Quoting shr5
Hi Phx62,

Could you please attach your yesterday's high & low and 4 hr high & low indicator and last but not the least the ADR indicator that you have on your charts? If you cannot attach them then would be kind enough to guide me where to find them. Thanks in advance.

Best Regards

Raza
Hi Raza,

while we all wait for Phx62 to wake up from his night time, perhaps you can do a quick search of his posts where he has attachments.

here is how to do FF search:
Attached Image (click to enlarge)
Click to Enlarge Name: FF search for attachments.png Size: 68 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,238
  • Feb 13, 2013 1:17am Feb 13, 2013 1:17am
Quoting emmanuel7788
Hi Raza,

while we all wait for Phx62 to wake up from his night time, perhaps you can do a quick search of his posts where he has attachments.

here is how to do FF search:
Hi Emmanuel,

Thanks for the help!

Regards

Raza
Raza
  • #10,239
  • Feb 13, 2013 3:17am Feb 13, 2013 3:17am
hey dee, when you said entry at the 61.8%, do you mean at the low of the candle which touched 61.8 right?

thanks

Quoting dee50
EU +35pips CT. Typical 123 reversal. Entry at the 61.8% pullback of the 2-3 leg. Target was the 100% expansion of the 1-2 leg. TDI confirmed entry with a bounce from OB. This is on the 15 min chart. The hourly cross came far too late.
  • #10,240
  • Feb 13, 2013 3:20am Feb 13, 2013 3:20am
The main components of d sys are d pullback candle n d TDI. If a trader can master these he is done.
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
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