The Club! | Page 227 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Help Me Establish The GbpUsd After Dinner Club 40 replies

Attachments: The Club!
Exit Attachments

The Club!

  • #4,521
  • Aug 14, 2013 10:38am Aug 14, 2013 10:38am
Quoting Ambar
{quote} Hello, learning this item. As I've in my H4 chart, I could identify, another demand areas at 31.85 and at 31.65. ¿what do you do to create the ``area''? I can identify the lows in the H4 candles, before a big movement upside we had before. ¿do you add +5 and -5? ¿do you consider the open of that H4 candel?? Today short from 32.75 to 32.44. +31 pips. 75 was a h1 kijun (resistance) and 44 was a Bollinger in H1. I've got in Ichimoku system a big resistance at 30.86 (weekly kijun and daily cloud) , that I can see is another demand area.
Simple supply/demand and fibo levels works very well on mid term (H1 and above) charts for identifying good potential reversal areas.
On small time frames, I prefer daily pivot, R, S and mid pivot lines in confluence with trend lines and channels.
Those who say it cannot be done should not interrupt those who are doing it
  • #4,522
  • Aug 14, 2013 10:45am Aug 14, 2013 10:45am
Only one M5 divergence sell signal worth noting today and it's not going anywhere.
Total disaster for E/U trading today with this method.

I still have my short from yesterday so I didn't trigger another one.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm5.png Size: 84 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #4,523
  • Edited 11:21am Aug 14, 2013 11:03am | Edited 11:21am
Quoting PipTrapper
Only one M5 divergence sell signal worth noting today and it's not going anywhere. Total disaster for E/U trading today with this method. I still have my short from yesterday so I didn't trigger another one. {image}
Hi PipTrapper, can I please ask, for you, do you need to see the MACD divergence across 2 separate moves on the histogram? I had another entry at 14:15 (London time) but the divergence was on 2 highs that are part of the same move on the histogram. Would this not be a valid entry as far as you are concerned? Apologies for any hassle, I'm just trying to learn what I can from those that know what they're at in an effort to straighten out my own trading (which can be erratic at times to put it mildly). Thanks.
  • #4,524
  • Aug 14, 2013 11:13am Aug 14, 2013 11:13am
Quoting PipTrapper
Only one M5 divergence sell signal worth noting today and it's not going anywhere. Total disaster for E/U trading today with this method. I still have my short from yesterday so I didn't trigger another one. {image}
41 pips range today not a trending day until now

It is going to extend range one way or another soon me think
  • #4,525
  • Aug 14, 2013 11:34am Aug 14, 2013 11:34am
Quoting Sober_Colm
{quote} Hi PipTrapper, can I please ask, for you, do you need to see the MACD divergence across 2 separate moves on the histogram? I had another entry at 14:15 (London time) but the divergence was on 2 highs that are part of the same move on the histogram. Would this not be a valid entry as far as you are concerned? Apologies for any hassle, I'm just trying to learn what I can from those that know what they're at in an effort to straighten out my own trading (which can be erratic at times to put it mildly). Thanks.
Hi Sober,
Technically both are valid, but I prefer to see an opposite swing in the histogram between the two measurement points. It is also valid to measure a divergence across multiple swings, but again, I prefer only one swing. It's just more accurate that way.
Those who say it cannot be done should not interrupt those who are doing it
  • #4,526
  • Aug 14, 2013 11:35am Aug 14, 2013 11:35am
Quoting morob
{quote} 41 pips range today not a trending day until now It is going to extend range one way or another soon me think
Great. When it does I will keep watch for a signal. Otherwise it's crap.
Those who say it cannot be done should not interrupt those who are doing it
  • #4,527
  • Aug 14, 2013 11:37am Aug 14, 2013 11:37am
Quoting PipTrapper
{quote} Hi Sober, Technically both are valid, but I prefer to see an opposite swing in the histogram between the two measurement points. It is also valid to measure a divergence across multiple swings, but again, I prefer only one swing. It's just more accurate that way.
Great thanks for that, it's much appreciated.
  • #4,528
  • Aug 14, 2013 11:38am Aug 14, 2013 11:38am
Quoting Sober_Colm
{quote} Great thanks for that, it's much appreciated.
Cheers
Those who say it cannot be done should not interrupt those who are doing it
  • #4,529
  • Aug 14, 2013 12:00pm Aug 14, 2013 12:00pm
usdjpy 10 pips in the last hour
Price comes first; fundamentals come second
  • #4,530
  • Aug 14, 2013 12:06pm Aug 14, 2013 12:06pm
Quoting gigicualex
{quote} Thanks FxCube for the post. I can see that the middle of the BB provided support. Is this the only reason for the buy trades? Best Regards, G.
That's not right
The market price was struggling around the middle line of BB and the CCI Index has given some upper and downside hooks (heaps & valleys)
and it was before NY open and M15 seems also perfect for scalping at M5. So it was more of this heuristical events which has influenced my decision of executing soime scalping trades at that time.
Hope it helps!
FXcube
  • #4,531
  • Aug 14, 2013 12:06pm Aug 14, 2013 12:06pm
Quoting Zyggy
usdjpy 10 pips in the last hour
Attached Image
Those who say it cannot be done should not interrupt those who are doing it
  • #4,532
  • Edited 12:30pm Aug 14, 2013 12:09pm | Edited 12:30pm
Quoting PipTrapper
Only one M5 divergence sell signal worth noting today and it's not going anywhere. ...{image}


My sentiments exactly!
So I have reread some old books from the archive again this afternoon.
  • #4,533
  • Aug 14, 2013 12:21pm Aug 14, 2013 12:21pm
Attached Image
Attached File(s)
File Type: pdf Kevyn_Class2_Reading1.pdf   519 KB | 449 downloads
  • #4,534
  • Edited 5:47pm Aug 14, 2013 12:27pm | Edited 5:47pm
Bushtit!
Wir werden niemals immer und überall optimal handeln, wichtige Entscheidungen bleiben unsicher und fehleranfällig. Doch gibt es viele alltägliche Situationen, in denen wir die Qualität und die Folgen unseres Urteils entscheidend verbessern können.
Ein Buch das unser Denken verändert.

"Thinking, Fast and Slow", Daniel Kahneman (Nobelpreis für Wirtschaft), 2011
"Schnelles Denken, langsames Denken", Siedler Verlag, 2012
Attached Image (click to enlarge)
Click to Enlarge Name: Kahneman Daniel.jpg Size: 35 KB
  • #4,535
  • Aug 14, 2013 2:14pm Aug 14, 2013 2:14pm
Quoting Forexcube
Bushtit! Wir werden niemals immer und überall optimal handeln, wichtige Entscheidungen bleiben unsicher und fehleranfällig. Doch gibt es viele alltägliche Situationen, in denen wir die Qualität und die Folgen unseres Urteils entscheidend verbessern könen. Ein Buch das unser Denken verändert. "Thinking, Fast and Slow", Daniel Kahneman (Nobelpreis für Wirtschaft), 2011 "Schnelles Denken, langsames Denken", Siedler Verlag, 2012 {image}

Very interesting, thank you
Price comes first; fundamentals come second
  • #4,536
  • Aug 14, 2013 3:49pm Aug 14, 2013 3:49pm
Quoting Forexcube
{quote} Hi milam! Oh yes, we don't know where the market price of EURUSD will go in the next days. So I have focus of the "dead times" (minor ranges) where little movements at M5 could give me the best profits. FXcube
Yes, I have noticed that before, you are very able to get green pips from what many would considered "flat" market.
Wherever you go, there you are.
  • #4,537
  • Aug 14, 2013 10:44pm Aug 14, 2013 10:44pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_17.jpg Size: 100 KB
JUST FOR THE ROAD
  • #4,538
  • Aug 15, 2013 12:43am Aug 15, 2013 12:43am
Good morning

Eu, daily inside bar, already broke on the upside. I might have to keep away from this one today.
Wherever you go, there you are.
  • #4,539
  • Aug 15, 2013 1:42am Aug 15, 2013 1:42am
Quoting milam
Good morning Eu, daily inside bar, already broke on the upside. I might have to keep away from this one today.
Good morning.
Welcome to August
Those who say it cannot be done should not interrupt those who are doing it
  • #4,540
  • Aug 15, 2013 2:33am Aug 15, 2013 2:33am
Quoting PipTrapper
{quote} Good morning. Welcome to August
Yes I think today is going to be not easy. lets see
Wherever you go, there you are.
8 traders viewing now