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  • Post #381
  • Quote
  • May 23, 2013 7:34am May 23, 2013 7:34am
  •  ashtrader
  • | Joined Apr 2013 | Status: Member | 86 Posts
the above is usd cad didnt move stops
 
 
  • Post #382
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  • May 23, 2013 7:37am May 23, 2013 7:37am
  •  ashtrader
  • | Joined Apr 2013 | Status: Member | 86 Posts
gpbusd

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  • Post #383
  • Quote
  • May 23, 2013 7:41am May 23, 2013 7:41am
  •  ashtrader
  • | Joined Apr 2013 | Status: Member | 86 Posts
audusd

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  • Post #384
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  • May 23, 2013 7:43am May 23, 2013 7:43am
  •  ashtrader
  • | Joined Apr 2013 | Status: Member | 86 Posts
Hi ILZ,

Now you can all see the deep pullbacks , and everything is on major support areas, do you have a plan , or you just let the market show you
 
 
  • Post #385
  • Quote
  • May 23, 2013 7:49am May 23, 2013 7:49am
  •  driven18
  • Joined Jul 2012 | Status: Member | 836 Posts
ashtrader...you need to move your stops to the closest R/S...that is the whole point of the technique, to get you out based on PA and closest R/S
 
 
  • Post #386
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  • May 23, 2013 8:05am May 23, 2013 8:05am
  •  ashtrader
  • | Joined Apr 2013 | Status: Member | 86 Posts
hi driven 18

so you think yesterday i got lucky , and today where would you have moved stops to

i think audusd 0.977
gbpusd 1.5116 or 1.5156
usdcad 1.03114
eurusd (if anyone entered they would be stopped out ....this pair is seriously choppy for this method right now(just my thoughts)
nzdusd 0.81140

the above are stops i think are realistic, but i would love to know where you would have moved stops, and ofcourse all yen pairs we would be stopped out
 
 
  • Post #387
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  • May 23, 2013 8:44am May 23, 2013 8:44am
  •  driven18
  • Joined Jul 2012 | Status: Member | 836 Posts
Quoting ashtrader
Disliked
hi driven 18 so you think yesterday i got lucky , and today where would you have moved stops to i think audusd 0.977 gbpusd 1.5116 or 1.5156 usdcad 1.03114 eurusd (if anyone entered they would be stopped out ....this pair is seriously choppy for this method right now(just my thoughts) nzdusd 0.81140 the above are stops i think are realistic, but i would love to know where you would have moved stops, and ofcourse all yen pairs we would be stopped out
Ignored
All stop outs...except USDCAD per my Oanda broker
 
 
  • Post #388
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  • May 23, 2013 6:17pm May 23, 2013 6:17pm
  •  ashtrader
  • | Joined Apr 2013 | Status: Member | 86 Posts
Hi driven8 and ILZ

my trades, i spreadbet with ig index
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  • Post #389
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  • May 23, 2013 6:19pm May 23, 2013 6:19pm
  •  ashtrader
  • | Joined Apr 2013 | Status: Member | 86 Posts
Hi all,

on my mt4 fxpro finally barry indicato drew all resistance on 4 hour , so my stops are just above that . will watch closely tomorrow
 
 
  • Post #390
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  • May 23, 2013 9:23pm May 23, 2013 9:23pm
  •  pundit78
  • Joined Jan 2013 | Status: Member | 1,561 Posts
Short on AUDUSD
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Contact for Account Management. R:R 1:3
 
 
  • Post #391
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  • May 24, 2013 12:37pm May 24, 2013 12:37pm
  •  pundit78
  • Joined Jan 2013 | Status: Member | 1,561 Posts
Shorted GBPJPY at 152.803
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Contact for Account Management. R:R 1:3
 
 
  • Post #392
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  • May 24, 2013 12:38pm May 24, 2013 12:38pm
  •  pundit78
  • Joined Jan 2013 | Status: Member | 1,561 Posts
Quoting pundit78
Disliked
Short on AUDUSD {image}
Ignored
Covered for no reason , may in over sold territory, not part of this system.
Contact for Account Management. R:R 1:3
 
 
  • Post #393
  • Quote
  • May 24, 2013 12:39pm May 24, 2013 12:39pm
  •  pundit78
  • Joined Jan 2013 | Status: Member | 1,561 Posts
I request all participants to contribute in this thread, strategy seems pretty good.
Contact for Account Management. R:R 1:3
 
 
  • Post #394
  • Quote
  • May 24, 2013 12:47pm May 24, 2013 12:47pm
  •  baccarat
  • | Joined Sep 2012 | Status: Member | 219 Posts
Quoting pundit78
Disliked
Short on AUDUSD {image}
Ignored
Is opening trades when supertrend gets cut a part of the system? Dont think so?
 
 
  • Post #395
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  • May 24, 2013 9:35pm May 24, 2013 9:35pm
  •  pundit78
  • Joined Jan 2013 | Status: Member | 1,561 Posts
Quoting baccarat
Disliked
{quote} Is opening trades when supertrend gets cut a part of the system? Dont think so?
Ignored

The last trade should have been closed after candle closing above supertrend and new trade should be open after candle closes below supertrend, supertrend should be red and price should be below 200 SMA.

ILZ may comment more on this.
Contact for Account Management. R:R 1:3
 
 
  • Post #396
  • Quote
  • May 24, 2013 9:37pm May 24, 2013 9:37pm
  •  pundit78
  • Joined Jan 2013 | Status: Member | 1,561 Posts
Quoting pundit78
Disliked
Shorted GBPJPY at 152.803 {image}
Ignored
This trade should have been closed at BE + 3 but could not close as was sleeping during night now running - 50.
Contact for Account Management. R:R 1:3
 
 
  • Post #397
  • Quote
  • May 25, 2013 6:04pm May 25, 2013 6:04pm
  •  Madhatta
  • | Joined Jan 2009 | Status: Member | 3 Posts
Hi Pundit78
both looked like good trades to me, I'm starting my live trading this system after the bank holiday
 
 
  • Post #398
  • Quote
  • May 26, 2013 7:51pm May 26, 2013 7:51pm
  •  cheva282
  • | Joined May 2013 | Status: Member | 8 Posts
Hello everybody!!

I have a doubt since this topic started, Im just confussed and need somebody who can explain me (with a picture) how the 30pip re-entry method works?

I have read many times: ''if prices closes the same color of the trade to be taken and is at least 30 pips away from (any?) S&R"

Since Im spanish I dont understand it (sorry ), please could somebody explain it to me with a picture, I have 90% of the system learnt I just cannot understand how to make this work... Im just waiting for a candle close above/below the S or R line and only if this happens I enter a trade, but this ''30 pips system'' seems like a way to start trading the re-entrys before, am I correct?


Thanks you all in advance

Esteban
 
 
  • Post #399
  • Quote
  • May 26, 2013 9:32pm May 26, 2013 9:32pm
  •  pundit78
  • Joined Jan 2013 | Status: Member | 1,561 Posts
Quoting cheva282
Disliked
Hello everybody!! I have a doubt since this topic started, Im just confussed and need somebody who can explain me (with a picture) how the 30pip re-entry method works? I have read many times: ''if prices closes the same color of the trade to be taken and is at least 30 pips away from (any?) S&R" Since Im spanish I dont understand it (sorry ), please could somebody explain it to me with a picture, I have 90% of the system learnt I just cannot understand how to make this work... Im just waiting for a candle close above/below the S or R line and...
Ignored

Hi Cheva282,

Did not understand your query, let ILZ respond to this.
Contact for Account Management. R:R 1:3
 
 
  • Post #400
  • Quote
  • May 26, 2013 9:33pm May 26, 2013 9:33pm
  •  pundit78
  • Joined Jan 2013 | Status: Member | 1,561 Posts
No new trade as of now.

Only GBPJPY running at BE.
Contact for Account Management. R:R 1:3
 
 
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