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  • #21,601
  • Jul 10, 2013 2:39pm Jul 10, 2013 2:39pm
Quoting emmanuel7788
{quote} here is my view of AU: Price behaviour around Fibs and RN {image}
Hi Emmanuel,
Is there any way to get rid of previous week and day lines in weekly and daily fib indi? I thought I only have that problem so I was trying to fix it but now I see you have those old lines in your chart too.
Are they useful or only make the chart busy?

thanks

P.S. I also put a sample of my chart
Attached Image (click to enlarge)
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Failure, is a wonderful teacher!
  • #21,602
  • Jul 10, 2013 2:59pm Jul 10, 2013 2:59pm
Quoting mike1349
{quote} Hi Emmanuel, Is there any way to get rid of previous week and day lines in weekly and daily fib indi? I thought I only have that problem so I was trying to fix it but now I see you have those old lines in your chart too. Are they useful or only make the chart busy? thanks P.S. I also put a sample of my chart {image}
that is done in this way so we can see the fib history for the purpose to learn and observe how price behaviour in the past.

you can do visual backtesting and to see can how often price react at Fib 50% and the Fib 127%


if you want only to show the current fib, then I need to make a code change not to do the look back history.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,603
  • Jul 10, 2013 3:04pm Jul 10, 2013 3:04pm
EJ 4H
for those with GMT+0 sevrer data, the H4 just closed, it looks like a good setp with TDI cross and APb changed.
but is this a good time to open a new trade when NY is about to close and hand over to Asia?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,604
  • Jul 10, 2013 4:48pm Jul 10, 2013 4:48pm
Quoting emmanuel7788
EJ 4H for those with GMT+0 sevrer data, the H4 just closed, it looks like a good setp with TDI cross and APb changed. but is this a good time to open a new trade when NY is about to close and hand over to Asia?

I just came to computer and I wish I would've opened it......what's going on with the market after FOMC?
Failure, is a wonderful teacher!
  • #21,605
  • Jul 10, 2013 4:49pm Jul 10, 2013 4:49pm
Quoting emmanuel7788
{quote} that is done in this way so we can see the fib history for the purpose to learn and observe how price behaviour in the past. you can do visual backtesting and to see can how often price react at Fib 50% and the Fib 127% if you want only to show the current fib, then I need to make a code change not to do the look back history.

Is it too much of work?
Failure, is a wonderful teacher!
  • #21,606
  • Edited 7:46pm Jul 10, 2013 7:32pm | Edited 7:46pm
I closed my scalp trade yesterday after close of london session as by then it was nearing the max of ADR. then it spiked from all those high impact news. If i held on. would have made incredible pips but i dont trade nor understand how to trade news. exited following my plan. Still fun to wake up to find this amazing spike happen though. I'm still refining my exit. As I allowed a 25 pip gain to fall to 5-6 pip gain. No loss though i guess thats 1 thing to be glad about

Edit: Jumped about 280 pips.
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Consistency goes a Long Way
  • #21,607
  • Jul 10, 2013 7:50pm Jul 10, 2013 7:50pm
Quoting mike1349
{quote} I just came to computer and I wish I would've opened it......what's going on with the market after FOMC?
good move ~100+ pips

those with GMT+0 server time will enter after APB#1

others using GMT+3 is already seeing APB#2
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,608
  • Jul 10, 2013 7:54pm Jul 10, 2013 7:54pm
Quoting emmanuel7788
{quote} Here is my update on NZDUSD: Yesterady was a nice move up but retraced later part of the day and closed just below the historical resistance 0.7832. ... for the 3rd time. Today will need more buyer suport to close above or else ... {image} {image}
NZDUSD 11 Jul update:

Good move upwards after a day retracement in LTF.
Still good for continuation.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NU week 28 D1 view 10 Jul 10-7-2013 8-15-07 AM.png Size: 70 KB
Click to Enlarge Name: NU week 28 D1 view update 11 Jul 11-7-2013 8-26-46 AM.png Size: 61 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,609
  • Jul 10, 2013 11:09pm Jul 10, 2013 11:09pm
Quoting emmanuel7788
{quote} the tdi osc cross 1.05 has send email alert build-in. you need to set that to "true" in the indicator properties.
Thanks Emmanuel for your help on my two questions
  • #21,610
  • Jul 10, 2013 11:55pm Jul 10, 2013 11:55pm
Quoting adamjhdavis
{quote} Thanks Emmanuel for your help on my two questions
Hi Adam,

Note that that tdi osc indicator has threshold levels set at the 32 and 68 levels which will set off the alerts.
If you have any problem to get the MT4 send email to work, just poke me.

regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,611
  • Jul 10, 2013 11:59pm Jul 10, 2013 11:59pm
Quoting emmanuel7788
{quote} NZDUSD 11 Jul update: Good move upwards after a day retracement in LTF. Still good for continuation. {image} {image}

NU nice run up during Tokyo first half session. Now we see other historical support and resistance in play today. I see a test of the BRN 0.8000 likely today.
Attached Image (click to enlarge)
Click to Enlarge Name: NU week 28 H4 update 11 Jul 11-7-2013 12-51-04 PM.png Size: 60 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,612
  • Jul 11, 2013 12:15am Jul 11, 2013 12:15am
Quoting mike1349
{quote} Is it too much of work?
Trading is a lot of hard work. but if an indicator can do some of my hard work, then a few programming hours is all worth the effort.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,613
  • Jul 11, 2013 2:25am Jul 11, 2013 2:25am
any advice appreciated

Made a quick trade selling at Lo for aud.sd after big movement today from the fomc.
Attached Image (click to enlarge)
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  • #21,614
  • Jul 11, 2013 2:34am Jul 11, 2013 2:34am
EU H1 trade entry with TDI bounce when LO.
Attached Image (click to enlarge)
Click to Enlarge Name: EU 11 Jul H1 trade LO 11-7-2013 3-30-08 PM.png Size: 28 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,615
  • Jul 11, 2013 2:44am Jul 11, 2013 2:44am
Setting up send Email alert:

In case anyone has problem to setup your MT4 send email alerts for Gmail and Yahoo emails,
here is where help available in FF.

http://www.forexfactory.com/showthread.php?t=273034
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,616
  • Jul 11, 2013 2:49am Jul 11, 2013 2:49am
EU H1 trade 11 Jul:

Here is s quick exit to reduce my trade risk and keeping my initial SL.
My H4 candle will close in about 15mins.
Attached Image (click to enlarge)
Click to Enlarge Name: EU 11 Jul H1 trade update1 11-7-2013 3-46-14 PM.png Size: 27 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,617
  • Jul 11, 2013 3:07am Jul 11, 2013 3:07am
Quoting emmanuel7788
Setting up send Email alert: In case anyone has problem to setup your MT4 send email alerts for Gmail and Yahoo emails, here is where help available in FF. http://www.forexfactory.com/showthread.php?t=273034

  • #21,618
  • Jul 11, 2013 4:23am Jul 11, 2013 4:23am
Quoting emmanuel7788
EU H1 trade 11 Jul: Here is s quick exit to reduce my trade risk and keeping my initial SL. My H4 candle will close in about 15mins. {image}
Hi Emmanuel, took the same trade with entry at 1.30553. sold 50% at + 30 pips.
moved SL to +5 pips which was hit.
Realising I am losing some pips by having my SL to tight.
Have had a few trade hit a profitable SL, but the trade continued in my direction and often hit my T2 targets.
Attached Image (click to enlarge)
Click to Enlarge Name: 20130711 sell eurusdh1.png Size: 57 KB
  • #21,619
  • Jul 11, 2013 5:36am Jul 11, 2013 5:36am
3 trades today,1 AU trade and 1 EJ trade in the Asian session. 1 more AU trade at LO. Any advice is appreciated because I'm still have a long way to go and I need a lot of them.

The first AU trade was after the unemployment rate was announced. I saw price broke above yesterday high and and good momentum in the market and green bounced off red ( not a great bounce if you ask me) so I took a trade. TP at the previous high of the Asian session and it could have been hit if I could managed the trade more closely because I had something to take care of. Exit at +21. Not a A+++ trade but it worked out in the end.

EJ trade :after I saw the pullback candle,green crossed red around 68 level I took a trade when the next candle opened. It didn't take long to hit my target,could have more but I think I'm fine with that. Exit with 50 pips.

The second AU trade: after I saw that last blue candle before FO was in fact a doji,I was looking for a direction to enter whether it was long or short. And the FO candle is a pretty strong bearish candle and it broke the low of that doji with the TDI for confirmation so I enter when a little late after LO opened. TP was 50 pips but I manually exited because PA didn't seem to go down any further but it actually did but profit is profit so it's ok. I think I will end my day early and just stand aside to watch the market react to the US unemployment claims.
Attached Image (click to enlarge)
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  • #21,620
  • Jul 11, 2013 6:02am Jul 11, 2013 6:02am
Quoting frenetic
3 trades today,1 AU trade and 1 EJ trade in the Asian session. 1 more AU trade at LO. Any advice is appreciated because I'm still have a long way to go and I need a lot of them. The first AU trade was after the unemployment rate was announced. I saw price broke above yesterday high and and good momentum in the market and green bounced off red ( not a great bounce if you ask me) so I took a trade. TP at the previous high of the Asian session and it could have been hit if I could managed the trade more closely because I had something to take care...

hi frenetic,
two very good trades, ..well executed as what you described.

Good Trading!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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