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  • #241
  • Nov 12, 2013 10:20am Nov 12, 2013 10:20am
Another question:

If I find a trade setup on the 1H and everything lines up, my next mission is to go on a smaller TF and make sure Trix lines up. If I am using 1H for my setup, do I have to move 1 TF lower? In other words should my trix arrows becoming from 30M? What if 30M doesn't have the arrows but 15M or lets just say 5M has the arrows? Is this a valid trade or do I have to be exactly 1 TF lower from my setup for the trade to be valid?
Faith ends where worry begins, and worry ends where faith begins.
  • #242
  • Nov 12, 2013 10:24am Nov 12, 2013 10:24am
Take note where GBPCAD is right now! Coming into major resistance!!!
  • #243
  • Nov 12, 2013 10:25am Nov 12, 2013 10:25am
Quoting forexvegan
{quote} When you refer to moving average, what moving average are you using? do you use coral as a moving average?
Hey Vegan the CORAL IS ACTUALLY A 60 PERIOD COLORED MOVING AVERAGE!!!!
  • #244
  • Nov 12, 2013 10:27am Nov 12, 2013 10:27am
Quoting forexvegan
Another question: If I find a trade setup on the 1H and everything lines up, my next mission is to go on a smaller TF and make sure Trix lines up. If I am using 1H for my setup, do I have to move 1 TF lower? In other words should my trix arrows becoming from 30M? What if 30M doesn't have the arrows but 15M or lets just say 5M has the arrows? Is this a valid trade or do I have to be exactly 1 TF lower from my setup for the trade to be valid?
I use 1 hour for major support and resistance levels to watch and my entries are on the 15 or 30. Really either one works...WHAT REALLY WORKS WELL is if I get 2 or 3 arrows on the 15 and then an arrow on the 30...when they move in tangent with one another that is usually a sure win
  • #245
  • Nov 12, 2013 10:30am Nov 12, 2013 10:30am
Quoting doriotcapita
{quote} Hey Vegan the CORAL IS ACTUALLY A 60 PERIOD COLORED MOVING AVERAGE!!!!
Now you tell me!!! hahhaha, thanks bud!
Faith ends where worry begins, and worry ends where faith begins.
  • #246
  • Nov 12, 2013 10:31am Nov 12, 2013 10:31am
Quoting doriotcapita
{quote} I use 1 hour for major support and resistance levels to watch and my entries are on the 15 or 30. Really either one works...WHAT REALLY WORKS WELL is if I get 2 or 3 arrows on the 15 and then an arrow on the 30...when they move in tangent with one another that is usually a sure win
Got it, locked and loaded, ready to go.
Faith ends where worry begins, and worry ends where faith begins.
  • #247
  • Nov 12, 2013 10:44am Nov 12, 2013 10:44am
Quoting doriotcapita
{quote} Hello! You are in fact coming into a support zone here, however the 15 30 and 60m timeframes are all heading south in a pretty strong way. Before you could take any entry on this you MUST see price begin to turn up on those and begin to establish some upward momentum. You are catching on tho. It is in fact a GREAT idea to go up to higher time frames and mark off areas where there could be potential reversals because if they do play out the moves are often quite dramatic. Having said that, you definately want to make sure everything is lining...
thanks so much i appreciate
  • #248
  • Nov 12, 2013 10:46am Nov 12, 2013 10:46am
Quoting forexvegan
{quote} I think this could of been a vaild S/R zone, but you need to look further and see what your smaller timeframes are saying. We know as of now price went past this one, but before you pull the trigger you need confirmation that this would be a valid trade, or it's a no go. Just my opinion.

thanks so much brother is good to have good hearted people like you helping out appreciate
  • #249
  • Nov 12, 2013 11:38am Nov 12, 2013 11:38am
Is a breakout out of 1.3450-1.3472 and then a pull back into that zone a potential buy?

That is the eurusd 1 hour chart?
Attached Image
  • #250
  • Nov 12, 2013 12:22pm Nov 12, 2013 12:22pm
Quoting gulayetty
{quote} thanks so much brother is good to have good hearted people like you helping out appreciate
Anytime.
Faith ends where worry begins, and worry ends where faith begins.
  • #251
  • Nov 12, 2013 12:23pm Nov 12, 2013 12:23pm
i think arraw in thv trix is repaint for example in current bar we dont have arraw but when candle closed arraw appear in two candle before current candle plz check it
  • #252
  • Nov 12, 2013 12:37pm Nov 12, 2013 12:37pm
Quoting J0n
Is a breakout out of 1.3450-1.3472 and then a pull back into that zone a potential buy? That is the eurusd 1 hour chart? {image}
Hi everyone,

First post here.

Before you decide to pull the trigger, make sure all your indicators line up on smaller time frames. Hope it helps.
  • #253
  • Nov 12, 2013 12:43pm Nov 12, 2013 12:43pm
Gold is coming into MAJOR MAJOR support guys. Watch gold for potential set ups going long in the coming DAYS. If this level holds (1250-1260) we could be in for some serious pips. Again, make sure trend is in your direction first and we are heading UP first. Dont try to catch a bottom. Stick to the rules. Just something to watch out for! go ahead and draw a support zone in this area on your charts...see if you can tell why im watching it. And for those who trade harmonics, there is a bullish bat forming here
  • #254
  • Nov 12, 2013 12:44pm Nov 12, 2013 12:44pm
Quoting starTrades00
{quote} Hi everyone, First post here. Before you decide to pull the trigger, make sure all your indicators line up on smaller time frames. Hope it helps.
WELL SAID!
  • #255
  • Nov 12, 2013 12:45pm Nov 12, 2013 12:45pm
Quoting davidtrader
i think arraw in thv trix is repaint for example in current bar we dont have arraw but when candle closed arraw appear in two candle before current candle plz check it
yes this is true but in most cases it doesnt really matter unless you get a HUGE move...hasnt really effected my entries much. they show up about 5 minute and 1 second later than they show up on the 5 minute chart.
  • #256
  • Nov 12, 2013 12:49pm Nov 12, 2013 12:49pm
Quoting J0n
Is a breakout out of 1.3450-1.3472 and then a pull back into that zone a potential buy? That is the eurusd 1 hour chart? {image}
3450 will be a very powerful level as it has been tested both sides of the market if we can blow through it and get a pullback...however the top line i would probably place at 3420 because of the last swing high. Try to focus more on the current trend for a pullback when you are looking at buy entries.
  • #257
  • Nov 12, 2013 12:50pm Nov 12, 2013 12:50pm
Quoting forexvegan
{quote} Now you tell me!!! hahhaha, thanks bud!
ur welcome!
  • #258
  • Nov 12, 2013 12:51pm Nov 12, 2013 12:51pm
Im heading out to catch my plane but hopefully this week Ill have time to get some GREAT examples of support and resistance and how I use PAST SUPPORT AND RESISTANCE in correlation with current support resistance from the CURRENT trend. I know this can get confusing so I hope to clear it up a little more. Safe trading tonight guys!
  • #259
  • Nov 12, 2013 1:03pm Nov 12, 2013 1:03pm
sell position in gbpcad
setup time: H1
trigger time: m30
note that: we have 2 arraws in m15 and one arraw in m30 and coral in two times(m30 & m15) are red.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpcad-m30-alpari-limited.png Size: 54 KB
  • #260
  • Nov 12, 2013 1:17pm Nov 12, 2013 1:17pm
Quoting davidtrader
sell position in gbpcad setup time: H1 trigger time: m30 note that: we have 2 arraws in m15 and one arraw in m30 and coral in two times(m30 & m15) are red. {image}
Looks good if what you say is true. Know that the market is dead right now (No movement in the N.Y. Session after lunch) if you take the trade, but everything lines up. If you decide to pull the trigger, let us know how you did. Thanks.
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