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Close Price VS Median Price (or other price types) 33 replies

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  • #3,001
  • Quote
  • Feb 21, 2013 12:59am Feb 21, 2013 12:59am
Hi guys.
Its me again and just want to update my chart and the trade I was into a while ago. I forgot to post the stop loss and it was at 96.9
I know risk vs reward is slightly out of whack here, but with my system producing some amazing results, i simly trade out of a loss very quickly, usually within the next trade or two and am making money on the next 8 trades or so. I dont use any special system, or any indicators whatsoever, i only use price movement, and a simple look at volume up vs volume down at certain points along the way. I just want to post the result of the trade i entered earlier. My take profit got hit at at 96.3 and it was another good trade. Just want to post the chart of the trade with entry price and exit prices highlighted. I simly look at the sideways action happening, volume was declining, the was resistance at the 96.7 level and I knew it would not hold and we would go down a lot. So as my prediction, we are still in a down trend and it could go down to 95.0 level also, a very strong possibility of it happening. I have done 16 trades this week with 15 being right and one break even. Good trading every one and lets help each other out in our daily struggle to beat the wolves of the trading business and make some money towards our families futures. I dont belive in luck and think we all make our own luck. All the best.
Attached File(s)
File Type: docx audjpy trade.gif.docx   168 KB | 394 downloads
Morning all,

right off the bat short on cj off franky open..
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  • #3,003
  • Quote
  • Edited 5:30am Feb 21, 2013 2:46am | Edited 5:30am
Quoting whet412
Hi guys.
Its me again and just want to update my chart and the trade I was into a while ago. I forgot to post the stop loss and it was at 96.9
I know risk vs reward is slightly out of whack here, but with my system producing some amazing results, i simly trade out of a loss very quickly, usually within the next trade or two and am making money on the next 8 trades or so. I dont use any special system, or any indicators whatsoever, i only use price movement, and a simple look at volume up vs volume down at certain points along the way. I just want...
hello,

Please attend to my request by posting better picture of your charts using other than Microsoft word. Also in this thread we do not do predictions, period.. and we offer structural plan where it falls within the line of what this thread is all about.
about your results.. show live trades snap shots or attach a TE, not for the proof of your capabilities but rather for people to study your great trading even more and learn a thing or two about it specially when your not offering a system.
I am sure you could understand where i am coming from, notice the transparency!! ok. Thanks in advance.

Trade well and attend to the requests please.
Quoting P.Dean
Morning all,

right off the bat short on cj off franky open..

Had to take two shot at this.. the first one was without ema confirmation.. re-entry was with all confirmation so took it down nicely with a little more juice on it.
Attached Image (click to enlarge)
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getch your gear out folks and put the hammer on the Market.. it's making some good moves for take downs.. eu, e,j cj again, uc, all with solid swingouts for possible setup in the making.. this is the time to get in the action and make up for signal less week so far.. I want to see your charts and active don't just sit back and watch me, you need to get into it in order to get better and make actuall money.

let's roll big time..
Quoting P.Dean
getch your gear out folks and put the hammer on the Market.. it's making some good moves for take downs.. eu, e,j cj again, uc, all with solid swingouts for possible setup in the making.. this is the time to get in the action and make up for signal less week so far.. I want to see your charts and active don't just sit back and watch me, you need to get into it in order to get better and make actuall money.

let's roll big time..
Would it be a valid trade on e/y from the mid band, just signaled with rf. Just learning the potencial setups. Thanks.
short on uj sbpt..
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Quoting Saintsurfer
Would it be a valid trade on e/y from the mid band, just signaled with rf. Just learning the potencial setups. Thanks.

I don't trade that pair... show a chart pic please.
Quoting P.Dean
short on uj sbpt..
exit for -10 loss..
Quoting P.Dean
I don't trade that pair... show a chart pic please.
oh sorry it was eur/jpy I meant. Maybe was not so good from the mid band, but could at least end in break even as a mom trade.
Quoting Saintsurfer
oh sorry it was eur/jpy I meant. Maybe was not so good from the mid band, but could at least end in break even as a mom trade.
i do not see a mid band trade today on ej. that's why a pic would help better.
on ej there was a sbpt trade on the edge of London open which was a big winner. I took the cj with double lot instead of taking both of these.
  • #3,012
  • Quote
  • Feb 21, 2013 10:11am Feb 21, 2013 10:11am
Quoting P.Dean
i do not see a mid band trade today on ej. that's why a pic would help better.
on ej there was a sbpt trade on the edge of London open which was a big winner. I took the cj with double lot instead of taking both of these.
One candle before the red line there was an RF alert. Would apreciate if you could describe more in depth how is the RF confirmation valid. How the diagram has to look like. Thanks a lot.
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  • #3,013
  • Quote
  • Feb 21, 2013 10:37am Feb 21, 2013 10:37am
Quoting Saintsurfer
One candle before the red line there was an RF alert. Would apreciate if you could describe more in depth how is the RF confirmation valid. How the diagram has to look like. Thanks a lot.
ok.. when you get the reaction to the mid band then you need a RF confirmation bar and to go with a bear candle.. once you got these both.. then a order goes right below it (2-3pips buffer + spread).
in this case I assume it did not trigger.. but u do stand correct that it did give a signal. luckly did not get triggered.
  • #3,014
  • Quote
  • Feb 21, 2013 11:06am Feb 21, 2013 11:06am
I am long on CJ sbpt setup off the 61% fib level.. aiming for at least 70, risking 55.
  • #3,015
  • Quote
  • Feb 21, 2013 11:14am Feb 21, 2013 11:14am
Awesome method Dean.
Would you mind posting your template?
Also, i cant see the RF anymore on your screens. Something changed?
Cheers!
  • #3,016
  • Quote
  • Feb 21, 2013 12:02pm Feb 21, 2013 12:02pm
Thanks a lot!
  • #3,017
  • Quote
  • Feb 21, 2013 12:04pm Feb 21, 2013 12:04pm
guys i give all the indies and you can make it fit to your chart as you wish.. its better this way.

The change of RF to color macd is no difference.. rf signal is the same as first closed narrow bar after bold ones.. showing the PB possibly reaching the end and ready for the trend resume.. with this on higher tf you can get use of it for divergence.
you will need the tma called saved in order to have the tma true to work.
add 100ema for 5m tf trading.
The pivotd indi.. i only use it only for the comment box and daily candle visibility in all my tf's at all times.
Attached File(s)
File Type: mq4 !TMA True v2.mq4   8 KB | 206 downloads
File Type: mq4 Clock_v1_2.mq4   16 KB | 162 downloads
File Type: ex4 MACD_ColorHist_Alert (2).ex4   14 KB | 169 downloads
File Type: mq4 PivotsD_v5.mq4   32 KB | 159 downloads
File Type: ex4 TMA Called.ex4   10 KB | 200 downloads
  • #3,018
  • Quote
  • Feb 21, 2013 12:31pm Feb 21, 2013 12:31pm
Folks I just added the templates and all the indies for this system to the first page.
nice job, your equity curve looks really impressive. a truly "profitable" system, if keep it going a couple of months.

Quoting P.Dean
Folks I just added the templates and all the indies for this system to the first page.
Quoting charvo
nice job, your equity curve looks really impressive. a truly "profitable" system, if keep it going a couple of months.
Thank you.
However a couple of months is nothing impressive.. a profitable system should be accounted for at least a quarter and a full year, it should work at all market cycle. I been doing this a long but I intend to reflect it also on this account and help a couple of fellows along the way.
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