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  • #21
  • Edited 3:43pm Jun 19, 2006 3:18pm | Edited 3:43pm
Here is an indicator that I came across.
Not sure if it will help.
Attached File(s)
File Type: zip 1-2-3 Pattern.zip   24 KB | 998 downloads
Our IMAGINATION is the true holy grail!
  • #22
  • Jun 21, 2006 5:23am Jun 21, 2006 5:23am
i was entered in this short u/j per a daily chart set up early this morning. Again, risking 2% of the account.

Currently i have 4 open positions, short nzd/ jpy, long gbp/ usd, long aud/ usd, and short usd/ jpy

GTA,

David
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  • #23
  • Jun 21, 2006 12:30pm Jun 21, 2006 12:30pm
Stopped out with long aud usd. Refer to post #10. - 2% of account.
  • #24
  • Jun 22, 2006 8:39am Jun 22, 2006 8:39am
Quoting davidl
i was entered in this short u/j per a daily chart set up early this morning. Again, risking 2% of the account.

Currently i have 4 open positions, short nzd/ jpy, long gbp/ usd, long aud/ usd, and short usd/ jpy

GTA,

David
so again stopped for a loss
I told u mtp doesn't work in forex
logically don't expect a $2000 software to make u money
if it is that good then the author wouldn't sell it, he can easily turn little amount of money to millions in forex using his software
I hope all your trades were in a demo account
  • #25
  • Jun 22, 2006 9:35am Jun 22, 2006 9:35am
stopped out with short u/j and long gbp usd. Posts 8 and 22. Currently up 60 with nzd jpy.
  • #26
  • Jun 24, 2006 1:02pm Jun 24, 2006 1:02pm
David,

You are using csv data with mtpredictor,may I ask how you set the data up?
And do you get the data from metatrader?

Thanks
  • #27
  • Jun 25, 2006 4:10pm Jun 25, 2006 4:10pm
Quoting Flint
David,

You are using csv data with mtpredictor,may I ask how you set the data up?
And do you get the data from metatrader?

Thanks
I use mt4 charts through interbank fx. There are 2 ways of doing it. First, If you go to history center then just pick your chart that you want and save it in a folder that you created. I created a mtpredictor folder in my documents. Doing it this way you constantly have to resave your charts to update the data. Second way, which is really cool is the currency loader, this is an auto save indicator for mt4. It is constanly saving all the chart data, so when you use mtp's chart scanner the currency loader is constantly updating the charts. Hope this answers your questions.

Also, there are some videos at the mtpredictors website that will give you even better info on how to do it.

David
  • #28
  • Jun 26, 2006 4:43am Jun 26, 2006 4:43am
long us/chf triggered a bit ago. This is a 1 hour chart set up. This agrees with the direction of the 20 ema on the daily chart.

Update- up 106 with nzd jpy. Target still a ways off.
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  • #29
  • Jun 28, 2006 4:27am Jun 28, 2006 4:27am
us chf stopped out. Stopped moved to break even with nzd jpy. Trade currently sitting at 193. Eur chf per a daily set up triggered early this morning.
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  • #30
  • Jul 9, 2006 3:52am Jul 9, 2006 3:52am
hi,,David are you still using the sw..interest in reading your charting and post....thanks
  • #31
  • Jul 9, 2006 6:25pm Jul 9, 2006 6:25pm
Quoting sovo1970
hi,,David are you still using the sw..interest in reading your charting and post....thanks
I've been away on vacation for the past 10 days or so. I will be back at it tomorrow. Will let you know if i enter any trades..... so yes still using mtp.
  • #32
  • Jul 11, 2006 8:18am Jul 11, 2006 8:18am
Entered long u/j per the daily chart. abc correction into a wave 4. entry is 114.45 stop is 113.44 and 1st target is 116.75. Potential r to r is 2 to 1 at first target.
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  • #33
  • Jul 18, 2006 4:17am Jul 18, 2006 4:17am
Just got entered short with this 4 hour eur chf trade.
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  • #34
  • Jul 18, 2006 4:25am Jul 18, 2006 4:25am
1st target hit with long u/j. Stop is currently just below the 20 ema. With a strong move like this, i think the 2nd target at 118.23 should get hit.
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  • #35
  • Jul 19, 2006 12:13pm Jul 19, 2006 12:13pm
stopped out of eur chf trade. Post #33
  • #36
  • Jul 19, 2006 12:15pm Jul 19, 2006 12:15pm
Stop hit with long u/j trade, daily chart.
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  • #37
  • Jul 19, 2006 11:57pm Jul 19, 2006 11:57pm
Quoting davidl
Stop hit with long u/j trade, daily chart.
Hi ,
first ia am very happy to say i found this thread second i
every much appreciate what you are doing please keep posting these charts fot MTP it is good learning experience
Best regards

EACAN
  • #38
  • Jul 20, 2006 7:09am Jul 20, 2006 7:09am
Quoting EACAN
Hi ,
first ia am very happy to say i found this thread second i
every much appreciate what you are doing please keep posting these charts fot MTP it is good learning experience
Best regards

EACAN
Your welcome. Sign up for there newsletter and get part 1 of there manual. Its good stuff and its free. Position sizing and only taking trades that have potential r to r greater than 2 to 1 is the key to trading these set ups. MTP is just the vehicle to put you in those positions. Any trading system will work as long as you correctly position size and only take trades that have good r to r potential.

I'll try and post a Van Tharp article on position sizing later this morning.

David
  • #39
  • Jul 20, 2006 9:02am Jul 20, 2006 9:02am
Attached is the Van Tharp article. Enjoy
Attached File(s)
File Type: pdf van tharp article on being right.pdf   515 KB | 5,132 downloads
  • #40
  • Jul 20, 2006 9:24am Jul 20, 2006 9:24am
Quoting davidl
Attached is the Van Tharp article. Enjoy
davidl first thanks for the article may i ask the steps needed to get data from currency loader to MT-Predictor

thanks in advance.
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