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  • #10,521
  • Mar 3, 2013 4:58am Mar 3, 2013 4:58am
Quoting emmanuel7788
well, I am sure X-Man is watching his thread everyday to see how we are trading. For sure, when he sees us heading in the wrong direction , he will post again.

Since you are just starting new, my advice is start with the S3 EU H1 method and post your charts everyday and describe what you see, write down your thoughts and how you make each trade decision. Trading is about entry and exits... one entry minimum two exits.

Start with a demo accont size which should be the true amount of capital when you decide to trade live one day.
Look...
Thanks a lot, this kind of a help is very important
I Have Learned to Take Some Losses to Make Profits
  • #10,522
  • Mar 3, 2013 5:25am Mar 3, 2013 5:25am
OzFXtrader82. I can not figure out how to send you the EMA indicator via a PM, so here it is. I can not remember where I got it from so I only have the ex4 version. It is fully cutomisable for whatever EMA you want.
Attached File(s)
File Type: ex4 EMA.ex4   4 KB | 296 downloads
Cut your Losers short and let your Winners run.
  • #10,523
  • Mar 3, 2013 5:34am Mar 3, 2013 5:34am
Quoting khidir
Hi Could someone advise me why when using the APB candles I can't just get the simplicity of those candles i have the candles or the bar charts mingled in with the APBs

Thx James
Another way of doing it is. Click on CHARTS. Scroll down and click on FOREGROUND CHARTS. This will move one behind the other. Just repeat to reverse the operation. This way you can just have the APB candles visible and if you want a quick look prior to entry or exit you can bring the OHLC bars forward.
Cut your Losers short and let your Winners run.
  • #10,524
  • Mar 3, 2013 5:41am Mar 3, 2013 5:41am
Quoting dee50
OzFXtrader82. I can not figure out how to send you the EMA indicator via a PM, so here it is. I can not remember where I got it from so I only have the ex4 version. It is fully cutomisable for whatever EMA you want.
Thanks Dee, much appreciated.
The consistency you seek is in your mind, not the markets. Mark Douglas
  • #10,525
  • Mar 3, 2013 5:45am Mar 3, 2013 5:45am
Quoting ashx
Dee, thank you for recommending this book. I'm half-way into it now and it's truly eye-opening. Highly recommend it to anyone seriously interested in this business.

Here's a funny one from the book:
“Would you use a system with a 55 percent win ratio or one with a 35 percent win ratio?” Most people say, “I would use the 55 percent winner.” I then ask, “Why not use the 35 percent system and when it says buy or sell, execute the opposite trade instead? You would then have 65 percent winners by fading the system.” The light starts to go on formost...
You are welcome. The author has some very unusual ideas, however, many of them are entirely logical. If you know what the "losers" are doing you can avoid being one of them, I laughed so much at this premise I had trouble getting to the bank with all the money I had taken from the "losers"..
Cut your Losers short and let your Winners run.
  • #10,526
  • Mar 3, 2013 7:55am Mar 3, 2013 7:55am
Please What is A P B
  • #10,527
  • Mar 3, 2013 8:53am Mar 3, 2013 8:53am
Reading TRADING IN THE ZONE by MARK DOUGLAS

I started reading trading in the zone , as I read so much recommendations about it, I just would like to know from you guys that read the book, is there anything I should keep an eye on flipping through the pages?

Just to maximize learning experience

Thanks
I Have Learned to Take Some Losses to Make Profits
  • #10,528
  • Mar 3, 2013 8:55am Mar 3, 2013 8:55am
Quoting terminator12
Please What is A P B
Average price bar
Thoughts are things
  • #10,529
  • Mar 3, 2013 9:17am Mar 3, 2013 9:17am
Quoting TheScorpS
Reading TRADING IN THE ZONE by MARK DOUGLAS

I started reading trading in the zone , as I read so much recommendations about it, I just would like to know from you guys that read the book, is there anything I should keep an eye on flipping through the pages?

Just to maximize learning experience

Thanks
Nah, nothing special. Different things will click for diferent peoplle.
Thoughts are things
  • #10,530
  • Mar 3, 2013 9:48am Mar 3, 2013 9:48am
Hey guys I just registered at the forum, but have been following it actively for some time now. I first came across Big E method and then x-man's modified method so thank you both for your contribution and hard work!!!

Anyway here is what I plan to trade this week...


AUD/USD, 4h chart
http://charts.mql5.com/1/109/audusd-...arkets-ltd.png

I am gonna wait for the PA to hit the bottom of the channel and for the reversal. Look at obvious TDI green crossover and candlestick reversal. Planinng to happen tommorow, if not tuesday has some importatnt news coming out that could change everything. Anybody else gonna take the trade?
  • #10,531
  • Mar 3, 2013 11:46am Mar 3, 2013 11:46am
Quoting Quezoy
Nah, nothing special. Different things will click for diferent peoplle.
Right, Different things will click for different people, very much agree, Thanks for your help
I Have Learned to Take Some Losses to Make Profits
  • #10,532
  • Mar 3, 2013 4:52pm Mar 3, 2013 4:52pm
Hello. I was able to download the template
Attached Image (click to enlarge)
Click to Enlarge Name: March 3 Xman.png Size: 164 KB
  • #10,533
  • Mar 3, 2013 4:58pm Mar 3, 2013 4:58pm
I changed it to heiken ashi as well. Dont know where the TDI is. Im going to have to explore for a bit
Attached Image (click to enlarge)
Click to Enlarge Name: March 3 Xman.png Size: 145 KB
  • #10,534
  • Mar 3, 2013 6:41pm Mar 3, 2013 6:41pm
Quoting surfac
Hey guys I just registered at the forum, but have been following it actively for some time now. I first came across Big E method and then x-man's modified method so thank you both for your contribution and hard work!!!

Anyway here is what I plan to trade this week...


AUD/USD, 4h chart
http://charts.mql5.com/1/109/audusd-...arkets-ltd.png

I am gonna wait for the PA to hit the bottom of the channel and for the reversal. Look at obvious TDI green crossover and candlestick reversal. Planinng to happen tommorow, if not tuesday...
Hi surfac,

Same view like yours. The H4 donwtrend is still intact and I am holding onto my last week' trade.
Until I see H4 bullish reversal, I will get out and take the reversal trade.
This week are several key data releases affecting the aussie, buy I am not optimistic that will help aussie recover. Let's see where the smart money flow will go. We shall let the market decide.

Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,535
  • Mar 3, 2013 9:41pm Mar 3, 2013 9:41pm
I seem to be running in a bit of trouble with installing indicators. Templates are fine. Did i put it in the wrong file?

any advice appreciated

Same thing with the isessions and the APB
Attached Image (click to enlarge)
Click to Enlarge Name: March 3 Xman.png Size: 289 KB
  • #10,536
  • Mar 3, 2013 10:09pm Mar 3, 2013 10:09pm
Quoting tenmilewalk
I seem to be running in a bit of trouble with installing indicators. Templates are fine. Did i put it in the wrong file?

any advice appreciated

Same thing with the isessions and the APB

obviously you copied the downloaded indciators into the wrong MT4 sub-folder.
your screen shot shows only the standard Indicators.
what you downloaded are Custom Indicators.... so they must be copied to the MT4 installed folder ..... expertindicators ... sub folder.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,537
  • Mar 3, 2013 10:17pm Mar 3, 2013 10:17pm
Quoting emmanuel7788
obviously you copied the downloaded indciators into the wrong MT4 sub-folder.
your screen shot shows only the standard Indicators.
what you downloaded are Custom Indicators.... so they must be copied to the MT4 installed folder ..... expertindicators ... sub folder.
hey emmanuel, so there is another expert-indicator subfolder?
  • #10,538
  • Mar 3, 2013 10:19pm Mar 3, 2013 10:19pm
Is this the correct subfolder? After i put it in here there was no indicators.

any advice appreciated
Attached Image (click to enlarge)
Click to Enlarge Name: March 3 Xman.png Size: 237 KB
  • #10,539
  • Mar 3, 2013 10:23pm Mar 3, 2013 10:23pm
AU sinks deeper ...
DO NOT catch falling knife!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,540
  • Mar 3, 2013 10:26pm Mar 3, 2013 10:26pm
Quoting tenmilewalk
Is this the correct subfolder? After i put it in here there was no indicators.

any advice appreciated

sub-folder looks correct.

you should see the indicators in Navigator window or under the menu tool drop down menu ..."Custom"...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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