Third Screen Strategy - Dr. Alexander Elder | Page 84 | Forex Factory

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Third Screen Strategy - Dr. Alexander Elder

  • #1,661
  • Edited 3:01pm Jun 17, 2013 2:51pm | Edited 3:01pm
Quoting jmflukeiii
{quote} Are you describing ToK's emotions?
LOL. He's so fragile.
  • #1,662
  • Jun 17, 2013 3:04pm Jun 17, 2013 3:04pm
100pip,
Noticed you're going long against the yen manually. Did something change?
  • #1,663
  • Jun 17, 2013 3:05pm Jun 17, 2013 3:05pm
Quoting MKFXTrader
100pip, Noticed you're going long against the yen manually. Did something change?
I've just been waiting for D1 MACD to turn blue again, it will probably be blue in another 2 days or so. I may be "picking bottoms" right now but I'm confident.
  • #1,664
  • Jun 17, 2013 3:07pm Jun 17, 2013 3:07pm
Quoting 100PipsADay
{quote} I've just been waiting for D1 MACD to turn blue again, it will probably be blue in another 2 days or so. I may be "picking bottoms" right now but I'm confident.
I see. I'm going to stick with the method til it flips. You know what they say about picking bottoms.
  • #1,665
  • Jun 17, 2013 3:08pm Jun 17, 2013 3:08pm
Quoting MKFXTrader
{quote} I see. I'm going to stick with the method til it flips. You know what they say about picking bottoms.
Smelly Fingers... LOL
  • #1,666
  • Jun 17, 2013 3:21pm Jun 17, 2013 3:21pm
Lol.
  • #1,667
  • Jun 17, 2013 4:43pm Jun 17, 2013 4:43pm
Quoting MKFXTrader
{quote} I see. I'm going to stick with the method til it flips. You know what they say about picking bottoms.

EA issued sell signals for most yen pairs but risk/reward at this level is more on the riskier side. So not 2:1.
Trend reversal or stalling here for a few days is more probable. I closed all yen pairs shorts on demo before I noticed manual buys by 100PipsADay.

I trust his judgement and respect his patience.
None the wiser!
  • #1,668
  • Jun 17, 2013 5:42pm Jun 17, 2013 5:42pm
Quoting Tok
{quote} Sure did. Just entered short EURCAD too. A LOT of entries are open at the moment.
Tok,

Please post a chart to support your EUR/CAD short trade. I am still seeing D1 MACD pointing UP... I've posted two different EUR/CAD charts from two different brokers and both are still pointing up. Also, you probably should have had open BUY positions if you have been trading this system for the past 2 weeks or so.

Also, how is it possible for you to almost hit your stops when price only ranged 100 pips today????????????

Even if you sold at the lowest possible price you are only -100 pips floating draw down, this is still not that close to the stop loss of 160. Most of the time I use a 260 stop loss for this swing trading strategy on my live account! You're nowhere close to this.

You are obviously still not following this system! What don't you understand at this point in time?

**Tok, please pay attention to the following. From now on you MUST post charts to support your trade calls if you plan on posting in this thread. Otherwise, I might need to put you on the ignore list and ban you from this thread for a week or so. Reason being, you panic and post nonsense due to the fact that you don't have the patience to see your trades through. Also, you still don't seem to follow the simple rules for this strategy! Any more trade calls from you without charts to support it and you're gone, period!
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  • #1,669
  • Jun 17, 2013 5:42pm Jun 17, 2013 5:42pm
Quoting jmflukeiii
{quote} Are you describing ToK's emotions?
he he he..
How to opt out annoying user signatures ??
  • #1,670
  • Jun 17, 2013 5:45pm Jun 17, 2013 5:45pm
Quoting Tok
Within an hour of placing trades, SL are about to be hit. What a joke.
How is this possible? It's not!

Your comments and your lack of ability to follow this system is a joke! Come on Tok, I thought you understood that this is a swing trading strategy by now? You NEED TO FOLLOW THE RULES!
  • #1,671
  • Jun 17, 2013 5:50pm Jun 17, 2013 5:50pm
Quoting MKFXTrader
Crazy PA today. Up, Down, Up, Down, Up. Up for the day, down for the day, down big for the day, BE for the day, up for the day again....wow
You're right, seems as though there is a lot of indecision at this time. Oh well, this won't change anything for us, we just follow the plan and wait for SL or TP targets to get hit.
  • #1,672
  • Jun 17, 2013 5:52pm Jun 17, 2013 5:52pm
Quoting Tok
{quote} Some of the JPY pairs (AUDJPY) had inverted hammers, followed by hammers, and a developing level of support forming on the daily charts. Other JPY pairs (USDJPY) have spinning tops, followed by inverted hammers/hammers, and again, a developing level of support on the daily charts. Multiple factors, across all pairs, all pointing towards a reversal in my opinion. We have to remember, MACD is a lagging indicator. PASR is the King, and overrules all, as 100pips has shown by taking the initiative and taking trades before MACD has confirmed....
Tok,

Here is a good post from you and I agree with most of it.

When trading FOREX remember to keep your cool and not let your emotions get the best of you. When you lose control you lose money, simple as that!

I want to see more quality posts from you like the one above, and remember to start supporting your trade calls with charts. I want to see what you are doing so I know what you need to fix...
  • #1,673
  • Jun 17, 2013 5:59pm Jun 17, 2013 5:59pm
Quoting 100PipsADay
{quote} Tok, Please post a chart to support your EUR/CAD short trade. I am still seeing D1 MACD pointing UP... I've posted two different EUR/CAD charts from two different brokers and both are still pointing up. Also, you probably should have had open BUY positions if you have been trading this system for the past 2 weeks or so. Also, how is it possible for you to almost hit your stops when price only ranged 100 pips today???????????? Even if you sold at the lowest possible price you are only -100 pips floating draw down, this is still not that close...

I made the trade on EURCAD because even though MACD isn't red, just like some of the AUD pairs you traded, it looked to be reversing.

On the daily chart, there is a double top, and a spinning tops, followed by a hammer. And this is all happening at a zone of weekly resistance.

And the two pairs that hit SL were GBPNZD and EURNZD.
  • #1,674
  • Jun 17, 2013 6:28pm Jun 17, 2013 6:28pm
Quoting Tok
{quote} I made the trade on EURCAD because even though MACD isn't red, just like some of the AUD pairs you traded, it looked to be reversing. On the daily chart, there is a double top, and a spinning tops, followed by a hammer. And this is all happening at a zone of weekly resistance. And the two pairs that hit SL were GBPNZD and EURNZD.
TOK,

I think you and your mate Purec should follow the 20-50 EMA strategy instead of using this TSS thread as your private messaging service

The 20-50 EMA method gives plenty of trade signals that can be taken on a day trade basis

See my report here, or simply click on the link at the bottom of this post

http://www.forexfactory.com/showthre...96#post6758996

Good luck, E.
It takes a lot for me to IGNORE you, but you can try.
  • #1,675
  • Jun 17, 2013 6:40pm Jun 17, 2013 6:40pm
Quoting Tok
{quote} I made the trade on EURCAD because even though MACD isn't red, just like some of the AUD pairs you traded, it looked to be reversing. On the daily chart, there is a double top, and a spinning tops, followed by a hammer. And this is all happening at a zone of weekly resistance. And the two pairs that hit SL were GBPNZD and EURNZD.
I fail to see how a stop was hit on the GBPNZD if trades are taken as per the method basic rules / entry method (W%R)

Still waiting to see a decent chart or trade from either Tok or Purec

Here is mine, E.

Attached Image (click to enlarge)
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It takes a lot for me to IGNORE you, but you can try.
  • #1,676
  • Jun 17, 2013 6:59pm Jun 17, 2013 6:59pm
Hi 100 pips.

When are you going to post a update of the live $5k test?. Looking forward to it.

Cheers
Making money is easy,losing money is easier
  • #1,677
  • Jun 17, 2013 8:01pm Jun 17, 2013 8:01pm
Quoting Purec
Well ... *#@*...!!! it I took another short at 1.66147 . And now I need to go . I hope tomorrow morning I have only green pips :X Have a good day .
Hi Guys, PUREC, please do not use such vulgar language on this thread...thanks.

TOK, I think you should link up to a trade explorer, some of us could look at your trades and you will keep a public record, my demo was ranked 24 th from last week and it gave me great confidence to stay focused on the third screen strat,

Cheers , S
Onwards and upwards...
  • #1,678
  • Jun 17, 2013 8:14pm Jun 17, 2013 8:14pm
Quoting Erebus
{quote} I fail to see how a stop was hit on the GBPNZD if trades are taken as per the method basic rules / entry method (W%R) Still waiting to see a decent chart or trade from either Tok or Purec Here is mine, E. {image}
We were shorting based on PASR.
  • #1,679
  • Jun 17, 2013 8:28pm Jun 17, 2013 8:28pm
Quoting 100PipsADay
{quote} Tok, Here is a good post from you and I agree with most of it. When trading FOREX remember to keep your cool and not let your emotions get the best of you. When you lose control you lose money, simple as that! I want to see more quality posts from you like the one above, and remember to start supporting your trade calls with charts. I want to see what you are doing so I know what you need to fix...
I will do this from now on.
  • #1,680
  • Jun 17, 2013 8:30pm Jun 17, 2013 8:30pm
These were triggered by the EA, just thought I would start posting!

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