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  • #3,281
  • Mar 6, 2013 8:14am Mar 6, 2013 8:14am
in.. ej long NBT..
Attached Image (click to enlarge)
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  • #3,282
  • Mar 6, 2013 8:18am Mar 6, 2013 8:18am
if you are in this with me on ej.. there will be a hesitation at the mid band normally.. be patience with it and most times will shoot up to upper band..

bucc ur in?
  • #3,283
  • Mar 6, 2013 8:22am Mar 6, 2013 8:22am
yes! i caught it. Hesitation at midband as you expected..watching closely.
  • #3,284
  • Mar 6, 2013 8:44am Mar 6, 2013 8:44am
nasty mid band war... but it will be defeated.. anyhow risk at 7pips.. looking to exit around upper band..
  • #3,285
  • Mar 6, 2013 9:04am Mar 6, 2013 9:04am
Quoting P.Dean
nasty mid band war... but it will be defeated.. anyhow risk at 7pips.. looking to exit around upper band..

-7.. was a good fight on a solid setup.. get'em next time.
  • #3,286
  • Mar 6, 2013 9:10am Mar 6, 2013 9:10am
Hi P.Dean, TY for your nice worts.I took the same trade to you, i sorted with +2 pips,what abaut trade buy again?
TY
  • #3,287
  • Mar 6, 2013 10:12am Mar 6, 2013 10:12am
Quoting P.Dean
-7.. was a good fight on a solid setup.. get'em next time.
Hi Mr. Dean, why was this trade -7. Have I marked SL and TP wrong on the attached chart?

Thanks

Waez


http://i48.tinypic.com/33eo9hh.gif
  • #3,288
  • Mar 6, 2013 12:01pm Mar 6, 2013 12:01pm
Quoting Waez
Hi Mr. Dean, why was this trade -7. Have I marked SL and TP wrong on the attached chart?

Thanks

Waez


http://i48.tinypic.com/33eo9hh.gif
I don't see a attached chart.
about my trade ending with -7 it was by choice to lower the risk due to market abnormal behavior so dropped the risk to half.. otherwise it was a winner for at least upper band +25 and more.
Like i say sometimes, it's to stay out of the barrel.. it means, it's better to stayo out of the out smarting the market and let the plan do its thing. But overall i think i did the right move there, it was too much chaos at that time.
  • #3,289
  • Mar 6, 2013 12:10pm Mar 6, 2013 12:10pm
I am long on this eu sbct setup and will let it overnight to hopefully nail the target by the time i wake up.. lol.. it's a very low risk almost 1:4 rr, it's good.
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  • #3,290
  • Mar 6, 2013 9:00pm Mar 6, 2013 9:00pm
Hi, Mr. Dean, sorry for my late reply after my day work. I must be a bad student. please forgive my question if it is ignorant.

according to my understanding of your rules, i would enter at the "red vertical line" where I saw a double-top formed, upper band TMA touched, and MACD also shows a "thin" histo line. I wouldn't even wait till your entry though it was already early.

I must have left out some rule here, could you please remind me of the rule that i missed?

Quoting P.Dean
hi charvo.. in this case I did not place order with the necessary buffer to be triggered and went in with a premature manual entry.. resulted in not having a signal to begin with at where i entered and the real signal arrived couple candles later for a nice NBT setup profit.
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  • #3,291
  • Mar 6, 2013 11:05pm Mar 6, 2013 11:05pm
Quoting charvo
Hi, Mr. Dean, sorry for my late reply after my day work. I must be a bad student. please forgive my question if it is ignorant.

according to my understanding of your rules, i would enter at the "red vertical line" where I saw a double-top formed, upper band TMA touched, and MACD also shows a "thin" histo line. I wouldn't even wait till your entry though it was already early.

I must have left out some rule here, could you please remind me of the rule that i missed?
The db/dt rule applies when you got a well established Neutral band, that's not what you got here as you can see.. this one is just beginning of a possible flat band.. so to take advantage of a possible flat band in the making must apply the 3b/3t, it's the better way to detect it.. as you can see how you can turn a loser into a winner by timing it better.


I hope it helps.
  • #3,292
  • Mar 6, 2013 11:34pm Mar 6, 2013 11:34pm
Good morning, P.Dean and all members of tread, waiting for a good trading day, ej looking for a NBT eu/us and gb in moment nothing relevant.
Regards.
  • #3,293
  • Mar 6, 2013 11:41pm Mar 6, 2013 11:41pm
Morning all,

Welcome to the day of news rain.. lol.. there is all kind of news European rate changes, mpc, ecb, oh what else gbc, fdr, sgb you name we got it.. lol.. that's why today could be lots of fun .. just be aware of whats on the plate to act sharp and cautious but not scared.

Chart update..
nothing going on atm and sideways stuff is still in command which is still good to take advantage with NBT setup and possibly get lucky to maybe catch a breakout.

Ok let's roll..
  • #3,294
  • Edited 12:47am Mar 7, 2013 12:35am | Edited 12:47am
Hi, P.Dean after the break in ej and eus we shall wait for a buy setup SBPT if meet, or not? EJ, meet possiblility for SBCT sell?
TY
  • #3,295
  • Mar 7, 2013 1:08am Mar 7, 2013 1:08am
Quoting mel3
Hi, P.Dean after the break in ej and eus we shall wait for a buy setup SBPT if meet, or not? EJ, meet possiblility for SBCT sell?
TY
sure the game plan now with these move is SBPT and SBCT.. mom and counter trades.. now the NBT is out the door.
  • #3,296
  • Mar 7, 2013 1:11am Mar 7, 2013 1:11am
atm I got a few pair under my radar..
CJ on top of all, with one reaction to the level line now looking for the failure, which completes the 3T (triple top).. IF this setup does happen would consider it as a solid one since the HH is coincided with yesterday High.. so i expect a nice bounce.
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  • #3,297
  • Mar 7, 2013 1:13am Mar 7, 2013 1:13am
Hi P.Dean the MOM trade is wenn PB to mid TMA line?, and after then set buy trade?
Quoting P.Dean
sure the game plan now with these move is SBPT and SBCT.. mom and counter trades.. now the NBT is out the door.
  • #3,298
  • Mar 7, 2013 1:17am Mar 7, 2013 1:17am
CJ is canada dolar?, if is i do not have in my chart, if ej gilty too, for trade?
Quoting P.Dean
atm I got a few pair under my radar..
CJ on top of all, with one reaction to the level line now looking for the failure, which completes the 3T (triple top).. IF this setup does happen would consider it as a solid one since the HH is coincided with yesterday High.. so i expect a nice bounce.
  • #3,299
  • Mar 7, 2013 1:19am Mar 7, 2013 1:19am
Quoting mel3
Hi P.Dean the MOM trade is wenn PB to mid TMA line?, and after then set buy trade?
no mid-line mel the opposite band (lower band in this case).. forget about the mid-band trade plz.

also the UP move on the pairs are not strong yet as their size is about 50pips long and ema still has not overlapped.. so no sign of full strength yet.. that is why we are after counter trades.


cj = chf/jpy
  • #3,300
  • Mar 7, 2013 1:22am Mar 7, 2013 1:22am
OK, TY
Quoting P.Dean
no mid-line mel the opposite band (lower band in this case).. forget about the mid-band trade plz.

also the UP move on the pairs are not strong yet as their size is about 50pips long and ema still has not overlapped.. so no sign of full strength yet.. that is why we are after counter trades.


cj = chf/jpy
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