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  • #6,361
  • Apr 2, 2013 4:25pm Apr 2, 2013 4:25pm
Quoting hxtrader
Fexi, I've had a look and here is how I interpret it. Nice trade on the last CZ, I would have taken it to. Regarding your TP on that trrade, zoom out, look back a few days and notice there are 6 bars on the H4 which all react at the same level, make a note of the price level (or draw a line across and tell me what you see). Current CZ, I would play it like this, bottom of CZ if it breaks trade on that break. Top of CZ, wait for a close above. Personally after seeing the reaction to those two peaks I would expand your blue box to accomodate them,...
good points hxtrade and i appreciate the response

i dont like putting in the wicks of the candles in my boxes in MY EXPERIENCE they seem to imply where the buffer zone is so yes they count but no there not in my

box (my boxes being exculsive ) the peaks are to me a sign of some kinda vague resistance anyway - the 1.05 level

anyway its easier to say now that its broken southwards...

also fxhard why dont I get some pm loving?
  • #6,362
  • Apr 2, 2013 5:25pm Apr 2, 2013 5:25pm
Quoting C345
Currency market never closes its 24/7. Keep going the way you are seems you on the right track. Good luck.
Thanks for the words of encouragement C345. Here is how the CZ's played out on my end.

EU stopped out on the breakout but broke north for 45p.
GU gave a breakout of 30p to the north.
AU broke to the south to stop out but then gave up 45p on recovery trade.

For the first time in my life I'm net positive in pips after 10 trades; courtesy of an altruistic teacher. Thank you.
Attached Image(s) (click to enlarge)
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Remember, Red. Hope is a good thing, maybe the best of things...
  • #6,363
  • Apr 2, 2013 5:57pm Apr 2, 2013 5:57pm
Quoting forexhard
Sedona, HXT and C345 - Guys, please check your emails.
FXH I'm on it now, for some reason the background data on my phone was switched off so It hasn't been grabbing new emails sent to me. Must have been a result of me whinging to my son about the crap battery life on my new phone so he switched of the feature to give it more life.
  • #6,364
  • Apr 2, 2013 6:06pm Apr 2, 2013 6:06pm
Quoting hxtrader
FXH I'm on it now, for some reason the background data on my phone was switched off so It hasn't been grabbing new emails sent to me. Must have been a result of me whinging to my son about the crap battery life on my new phone so he switched of the feature to give it more life.
Yeah, ain't it a bummer we gotta get the kids to fix things . . . . . . .
  • #6,365
  • Apr 3, 2013 12:16am Apr 3, 2013 12:16am
good morning guys

a box has formed on EU and GU, here is my pending 0,05


lp

dragan
Attached Image (click to enlarge)
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fxkeys
  • #6,366
  • Apr 3, 2013 12:25am Apr 3, 2013 12:25am
Quoting dragan9
good morning guys a box has formed on EU and GU, here is my pending 0,05 lp dragan {image}
EU chart looks messy to me. Here's my GU on 60 min much clearer (to me).
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  • #6,367
  • Apr 3, 2013 12:39am Apr 3, 2013 12:39am
Quoting C345
EU chart looks messy to me. Here's my GU on 60 min much clearer (to me). {image}
And on the 15 min a box is due to form - wait until London open before adding any more but it's hard to see it going up from here 5000 is not too far away. Just have to be patient!
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  • #6,368
  • Apr 3, 2013 1:22am Apr 3, 2013 1:22am
Quoting C345
EU chart looks messy to me. Here's my GU on 60 min much clearer (to me). {image}
hi, both of mine look like this, pending has been opened for EU at 1.2793. on the other end waits at 1.2829 for 0,1l

lp,

dragan
Attached Image(s) (click to enlarge)
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fxkeys
  • #6,369
  • Apr 3, 2013 3:17am Apr 3, 2013 3:17am
Hi guys,
Just discovered this thread today for the first time. watching with interest. Yes, I agree EU looks too messy.
  • #6,370
  • Apr 3, 2013 6:43am Apr 3, 2013 6:43am
Quoting alanmatthews
Hi guys, Just discovered this thread today for the first time. watching with interest. Yes, I agree EU looks too messy.
that's great, the best I did was discover this thread. Read it, study it, and see you in a couple of months....


(that was meant in all seriousness!)



Ben
  • #6,371
  • Apr 3, 2013 8:33am Apr 3, 2013 8:33am
Welcome on board Alan. Good move up on cable which wasn't expecting.
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  • #6,372
  • Apr 3, 2013 8:53am Apr 3, 2013 8:53am
Hey guys,

Hectic hectic few months for me hence the lack of posts. Hope you've all been well and making pips. I'm in the process of a career change at the moment so please forgive my lack of correspondence to private messages!

Looking forward to getting back into the swing of things peeps!

Much love as always!
  • #6,373
  • Apr 3, 2013 9:00am Apr 3, 2013 9:00am
Quoting A.w.o.l
Hey guys, Hectic hectic few months for me hence the lack of posts. Hope you've all been well and making pips. I'm in the process of a career change at the moment so please forgive my lack of correspondence to private messages! Looking forward to getting back into the swing of things peeps! Much love as always!
Welcome back; check your PMs when you get a chance
  • #6,374
  • Apr 3, 2013 9:02am Apr 3, 2013 9:02am
Quoting Jayf19
Welcome back; check your PMs when you get a chance
Same here
  • #6,375
  • Apr 3, 2013 9:07am Apr 3, 2013 9:07am
ok, here it is the afternoon, profit 30p on 2nd trade. i was manualy checking trades and setting pending orders, easier said than done cos i was at work. great sistem, great thread, many thanks to you guys who developed it and made it happen.
ForexHard, respect for trying and persisting in the thread for almost 2 years. Great unmesurable work.

lp

dragan
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fxkeys
  • #6,376
  • Apr 3, 2013 11:29am Apr 3, 2013 11:29am
Quoting C345
Welcome on board Alan. Good move up on cable which wasn't expecting. {image}
Dear C354,

I dont see the point trading in 1H time frame with the 15min setup configuration. May you give me a clue about how do you find it worth it? I think may be too slow, waiting for 1H candles to close, but I'm still on the way of playing the system. I've reed the thread and so, but I have to stuck in a clear plan of trading (by this time I'm monitoring too many pairs maybe...) Do you trade just one pair?

Thanks in advance, your charts and comments are very useful!



Toni
  • #6,377
  • Apr 3, 2013 11:56am Apr 3, 2013 11:56am
Hey people,

First of my apologies for posting in this thread without reading it completely, im around page 320 so I have still a hundred pages to go but I just completely dont understand something or completely missed something about the indicator (and I think its because I turned on the EMA filter option (setting: 1)).

At the first arrow, why didnt the indicator placed a buy mark above the first break of the box? He did placed a succesful sell mark but that was after the second break of the box.

At the second arrow there was a candle that broke the box on the upper side aswell on the bottom side. Yet again he didnt placed a sell or buy mark there. Maybe I completely missed it guys but are there specific rules about entering if turned on the EMA filter option? Because I'm pretty sure that the buy and sell marks were there when these candles appeared on the chart but they are just gone now.

Greetings,

Kaboemm
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  • #6,378
  • Apr 3, 2013 12:48pm Apr 3, 2013 12:48pm
Quoting kaboemm
Hey people, First of my apologies for posting in this thread without reading it completely, im around page 320 so I have still a hundred pages to go but I just completely dont understand something or completely missed something about the indicator (and I think its because I turned on the EMA filter option (setting: 1)). At the first arrow, why didnt the indicator placed a buy mark above the first break of the box? He did placed a succesful sell mark but that was after the second break of the box. At the second arrow there was a candle that broke...
Yeah this is covered in the last 100 pages. I encourage you to turn off the filter for now. You are only hurting your understanding of SSBO with it on at this time. In the future you can turn it on with a better understanding of how it effects the way you trade. I am not sure how many people use it because it can be a hassle, especially if you are turning on and off your charts. I have found its better to leave my computer on all the time if I am trading with the ema filter.
I make money anywhere in the world by taking orders
  • #6,379
  • Apr 3, 2013 1:02pm Apr 3, 2013 1:02pm
Quoting forexdaist
Dear C354, I dont see the point trading in 1H time frame with the 15min setup configuration. May you give me a clue about how do you find it worth it? I think may be too slow, waiting for 1H candles to close, but I'm still on the way of playing the system. I've reed the thread and so, but I have to stuck in a clear plan of trading (by this time I'm monitoring too many pairs maybe...) Do you trade just one pair? Thanks in advance, your charts and comments are very useful! Toni
Hi Toni

I trade mainly GBP/USD, If I where starting out I would stick to the rules on post 1. Use the 15 minute and just do what FXH has laid out. This is not a get rich plan but it does work if you put the work in. Trying to trade multiple pairs is silly in my opinion just concentrate on one or two.

The 1H time frame - been trading break outs on it for 6 or 7 years and feel comfortable with it. You need to learn patience. If both the ssbo on 15 min and 1 hour give me a signal then thats worth waiting for. Good luck.
  • #6,380
  • Apr 3, 2013 1:23pm Apr 3, 2013 1:23pm
C345, I messaged your secondary email as you requested. Did you get it?...
To improve is to change. To perfect, is to change often.
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