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Attachments: Davit's Confluence Trading
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Davit's Confluence Trading

Quoting brendad
Nice Trades there DAvit. Mind sharing your template ??

Hi
You are not going to believe it but I can't find my own templates on meta files.Not in templates folder nor expert-template. None of my own templates show up.
Its little weird.
I can up load key indies.Note that my trading decisions are not based on indicators.
fib independence is great tool.drop it on chart and go and draw trendline point A and B and right click trendline properties and name it Fib1 and you will see beautiful colored fibs.
Attached File(s)
File Type: ex4 #4X 3 Semafor Alert.ex4   11 KB | 181 downloads
File Type: mq4 daily_open_line.mq4   2 KB | 145 downloads
File Type: ex4 FFCal Headlines.ex4   36 KB | 134 downloads
File Type: mq4 Fibo_Independence E.mq4   12 KB | 168 downloads
File Type: mq4 Fibo_Independence.mq4   13 KB | 163 downloads
File Type: mq4 Magnified Market Price.mq4   1 KB | 150 downloads
In trading, you have to be defensive and aggressive at the same time
Bryno
forgot to answer your question about trades leaving open on weekend.
I have many times left trades open and closed as well.It depends.If big news expecting Monday then I won't leave orders open.Every situation different.As traders we must think like soldiers,Marines! always adapting to situation.
In trading, you have to be defensive and aggressive at the same time
Quoting inpatient
{quote} Hey davit, great results again. Its been a great day all around. My EA and EC shorts closed themselves over night. I have 2 EU shorts in good green and oil has triggered 3 of my entries (hoping for more as she climbs back up). Closing in on a solid month I hope. Dollar strength coming soon I think and will figure in my next moves for sure. Lets stay smart on these entries bro,

Beautiful Stephane!
Lets keep piling up the money!
Did you notice on Fridays when Cable pairs are overbought once London closes and out of the markets NY just hammers the crap out of Cable pairs?
Something worth noticing in the future.
I am looking forward to buy Kiwi and Aussie on lower numbers.Hoping steep drop by end of August.
In trading, you have to be defensive and aggressive at the same time
Quoting Davit
{quote} Beautiful Stephane! Lets keep piling up the money! Did you notice on Fridays when Cable pairs are overbought once London closes and out of the markets NY just hammers the crap out of Cable pairs? Something worth noticing in the future. I am looking forward to buy Kiwi and Aussie on lower numbers.Hoping steep drop by end of August.

I have noticed small trend shifts on both London and New York open over the last few days.

Def watching Cable, looks over bought across the board. If we touch 1.56 plus I might start entering on cable. Its been a while for me on that pair.

Oil just popped 106 again so I have 4 triggered there, hoping to see 107 at least before the scale back below 100.

Happy days my brother
Money never sleeps...
Quoting Davit
{quote} Hi You are not going to believe it but I can't find my own templates on meta files.Not in templates folder nor expert-template. None of my own templates show up. Its little weird. I can up load key indies.Note that my trading decisions are not based on indicators. fib independence is great tool.drop it on chart and go and draw trendline point A and B and right click trendline properties and name it Fib1 and you will see beautiful colored fibs. {file} {file} {file} {file} {file} {file}
I don't need your template but if you need to attach it, click on the chart, name the template you want to save but before you "save" it click on the "Desktop" icon on the left of your window so it will be saved to the desktop so you know where to find it. Then click save.

Nice trading.
Quoting inpatient
{quote} I have noticed small trend shifts on both London and New York open over the last few days. Def watching Cable, looks over bought across the board. If we touch 1.56 plus I might start entering on cable. Its been a while for me on that pair. Oil just popped 106 again so I have 4 triggered there, hoping to see 107 at least before the scale back below 100. Happy days my brother

You make me open an account to trade oil.It is great opportunity.As soon as Egypt calms down prices will drop.
I am looking at shorting the cable as well.156 is good number and inline with 88.6 fib Scott Carney's favorite number since he popularized it.Key harmonic number.
If GC goes 61 or higher I will hammer it with vengeance!I love buying the Cad.Notice that GC is in perfect channel.Classic zone trading pair
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gbpcad.weekly.png Size: 49 KB
In trading, you have to be defensive and aggressive at the same time
Quoting srt
{quote} I don't need your template but if you need to attach it, click on the chart, name the template you want to save but before you "save" it click on the "Desktop" icon on the left of your window so it will be saved to the desktop so you know where to find it. Then click save. Nice trading.

thank you for the tip.That is very useful.Green pips
In trading, you have to be defensive and aggressive at the same time
Since my trades are 80% Bear I already excepted the fact that I prefer Selling.It what appeals to me.
Based on my preference of direction looks like I may have very slow next week other then possible GBR/USD short.
I firmly believe in this article
What Crocodiles Can Teach You About Trading
Best trading advise to any new trader or compulsive scalper who struggles.
So there will be times when there is nothing to HUNT so I wait patiently.Think of it this way would you rather force a trade and lose money or take your girl out for dinner,go to beach,swim, relax,fish until trades just walk into your web?While you are enjoying your life? See waiting can be fun as well!!
See you guys next week.

Yes we can do it!
I'll leave weekend with this.
Don't fall in love with the upside!
In trading, you have to be defensive and aggressive at the same time
Quoting Davit
{quote} You make me open an account to trade oil.It is great opportunity.As soon as Egypt calms down prices will drop. I am looking at shorting the cable as well.156 is good number and inline with 88.6 fib Scott Carney's favorite number since he popularized it.Key harmonic number. If GC goes 61 or higher I will hammer it with vengeance!I love buying the Cad.Notice that GC is in perfect channel.Classic zone trading pair {image} {image}
Hi Davit:
Could you share the simple ADR indi shown on your chart in post#286.

Thank you,
tt
Quoting ttskyway
{quote} Hi Davit: Could you share the simple ADR indi shown on your chart in post#286. Thank you, tt

there you go.
Attached File(s)
File Type: ex4 ADR_v2.ex4   22 KB | 157 downloads
In trading, you have to be defensive and aggressive at the same time
Quoting Davit
{quote} there you go. {file}

Many thanks Davit,
tt
Quoting Davit
Since my trades are 80% Bear I already excepted the fact that I prefer Selling.It what appeals to me. Based on my preference of direction looks like I may have very slow next week other then possible GBR/USD short. I firmly believe in this article What Crocodiles Can Teach You About Trading Best trading advise to any new trader or compulsive scalper who struggles. So there will be times when there is nothing to HUNT so I wait patiently.Think...

this is excellent Davit. I also got your comments from previous questions I had...so, thank you for that. I think that one of the most interesting things about your style is this...that you take a lot from a little, meaning, the market does not have to move that far for you to bank profits.

Thanks again,
Bryan
Quoting bryn077
{quote} this is excellent Davit. I also got your comments from previous questions I had...so, thank you for that. I think that one of the most interesting things about your style is this...that you take a lot from a little, meaning, the market does not have to move that far for you to bank profits. Thanks again, Bryan

Bryno thanks for your encouragement.

Building a position on GU
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In trading, you have to be defensive and aggressive at the same time
Quoting Davit
{quote} Bryno thanks for your encouragement. Building a position on GU {image}
@Davit:

I agree with you. If it gets between 1.5660 and 1.5700 it also would be a great area.

Quoting HDA
{quote} @Davit: I agree with you. If it gets between 1.5660 and 1.5700 it also would be a great area.

Hey HDA nice of you to drop by.
Its obvious GU is in a channel.With sept coming and most likey QE reduction I expect greenbacks to start gaining.
Regards your inputs appreciated.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.daily.png Size: 43 KB
In trading, you have to be defensive and aggressive at the same time
Quoting Davit
{quote} Hey HDA nice of you to drop by. Its obvious GU is in a channel.With sept coming and most likey QE reduction I expect greenbacks to start gaining. Regards your inputs appreciated. {image}
@Davit:

Thank you for the welcome. It's nice to find another trader that trades with limit orders.

I've always found the best way to trade is to find those high probability trades that meets your specifications and wait patiently for the market to come to you.

I've found that the most stress free way to profitably trade in the forex market, is to swing trade and not day trade.

Brokers want you to day trade because from their standpoint, you the day trader, offers a high probability, that it will only be a matter of time before the cash in your account belongs to them.

My limit order on the USD/CHF was triggered last week and i'm long the USD/CHF targeting 0.9400.

I'm patiently waiting 0n the GBP/USD to come to me and trigger my limit order short targeting 1.5350

Quoting HDA
{quote} @Davit: Thank you for the welcome. It's nice to find another trader that trades with limit orders. I've always found the best way to trade is to find those high probability trades that meets your specifications and wait patiently for the market to come to you. I've found that the most stress free way to profitably trade in the forex market, is to swing trade and not day trade. Brokers want you to day trade because from their standpoint, you the day trader, offers a high probability, that it will only be a matter of time before the cash in...


My thoughts too and I know Davit agrees. Sound logic always HDA
Money never sleeps...
Quoting inpatient
{quote} My thoughts too and I know Davit agrees. Sound logic always HDA

Hi Stephane
Yes I agree about waiting but I started at 55 with smaller lots just in case bus leaves south without me.So far with 5 shorts on 2 accounts roughly 25pip each I am +125pips(in dollar sense not significant amount).Not bad for priced only moved 20-30pips.
Important data coming out tonight CPI and I think market is waiting for results to make up which way to go.Either way GU is going south.
In trading, you have to be defensive and aggressive at the same time
Quoting HDA
{quote} @Davit: Thank you for the welcome. It's nice to find another trader that trades with limit orders. I've always found the best way to trade is to find those high probability trades that meets your specifications and wait patiently for the market to come to you. I've found that the most stress free way to profitably trade in the forex market, is to swing trade and not day trade. Brokers want you to day trade because from their standpoint, you the day trader, offers a high probability, that it will only be a matter of time before the cash in...

Good morning HDA
Your Swissy trade fits my trading philosophy that is Trading Price Channels. Cad pairs display similar channels and it is my favorite currency.
I am waiting for a dip to buy and reach same target as you 94
daily and weekly
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Click to Enlarge Name: usdchf.weekly.png Size: 32 KB
In trading, you have to be defensive and aggressive at the same time
Closed all my current GU shorts at 5470 with 5x30pips +150pips.
Moved my short targets 5650 and up.I am not taking chance on News tonight.In case positive most likely my limit shorts will get triggered.

My limits on GU 2x5650 2x57 2x5750
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In trading, you have to be defensive and aggressive at the same time
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