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Trading from an Experienced and Successful FULL TIME Trader

  • #461
  • Dec 31, 2013 8:52am Dec 31, 2013 8:52am
Sorry, got it. USDSGD
  • #462
  • Dec 31, 2013 10:47am Dec 31, 2013 10:47am
you hopeless, only 23 pages, and you confused? how many posts or charts did DC show? did you even count?

but i still do it for you even though you are very likely a light year from 'profitable'.

so far DC has shown basically only one thing:

try to enter at the 1st touch/retest of a significant (touched many times) level without contradicting current trend.

(note that the entry is better taken at lower timeframe.)

that's it.

but don't get me wrong, this one thing is so rich and sufficient that it might take weeks/months to absorb. so no need to rush him for more 'gold nuggets'.

Quoting new_trade
Hello DC, thank you very much for your share. Already 23 pages. I am following you from the beginning but sometimes, I am a little confused. At this point, I would be very interested to have a summary of all your guidelines given in this thread. Could you do it for us ? In any case, Happy New Year.
  • #463
  • Dec 31, 2013 11:37am Dec 31, 2013 11:37am
What do you think about this trade?

1. I've entered at a strong support level
2. Coral is green(up trend)
3. Up arrow at Trix + Divergence

Im up to 120pips now..
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpyh1.png Size: 44 KB
  • #464
  • Dec 31, 2013 11:45am Dec 31, 2013 11:45am
Another good opportunity today:

1. Strong support at white
2. Coral is green -> uptrend
3. Up arrow from Trix + Divergence

worth ~80pips
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 44 KB
  • #465
  • Dec 31, 2013 12:22pm Dec 31, 2013 12:22pm
excuse me, questions:

1. not the 1st retest, is it?
2. didn't see the whole picture, but was it touched a couple of times before the level was broken up?

Quoting judgemegod
What do you think about this trade? 1. I've entered at a strong support level 2. Coral is green(up trend) 3. Up arrow at Trix + Divergence Im up to 120pips now.. {image}
  • #466
  • Dec 31, 2013 1:23pm Dec 31, 2013 1:23pm
Quoting judgemegod
Another good opportunity today: 1. Strong support at white 2. Coral is green -> uptrend 3. Up arrow from Trix + Divergence worth ~80pips {image}

Hi Folks,
What is d name of the indicator that rules d dotted lines for S/R? It does not appear in my template.Somebody help please
  • #467
  • Dec 31, 2013 5:07pm Dec 31, 2013 5:07pm
Quoting FXAction
{quote} Hi Folks, What is d name of the indicator that rules d dotted lines for S/R? It does not appear in my template.Somebody help please
No indicator. Manually drawn horizontal lines for clearer vision.
  • #468
  • Jan 1, 2014 2:59am Jan 1, 2014 2:59am
Quoting snail69
{quote} No indicator. Manually drawn horizontal lines for clearer vision.

Ok thanks. Just wondering. Such an indicator would be splendid. I know we have renouned coders in the house. Pls., do something
  • #469
  • Jan 1, 2014 5:42pm Jan 1, 2014 5:42pm
Quoting charvo
excuse me, questions: 1. not the 1st retest, is it? 2. didn't see the whole picture, but was it touched a couple of times before the level was broken up? {quote}
1. it was the 3rd, the 1st one was worth ~60 pips..
2. it tried to break 2 times as you can see at the picture.. or i misunderstood you
  • #470
  • Edited 12:39am Jan 2, 2014 12:11am | Edited 12:39am
Quoting FXAction
{quote} Ok thanks. Just wondering. Such an indicator would be splendid. I know we have renouned coders in the house. Pls., do something
1st indi is for round numbers. Have fun and share your experience with it.
2nd indi is a common S/R. Often your eyes are better. Same with Trix divergence. Eyes can pick up the ones that the indi missed.
Attached File(s)
File Type: mq4 SDX-SweetSpots_v4_MP6L.mq4   10 KB | 482 downloads
File Type: ex4 II_SupDem v2.ex4   36 KB | 471 downloads
  • #471
  • Jan 2, 2014 3:19am Jan 2, 2014 3:19am
Quoting swordfish-
{quote} 1st indi is for round numbers. Have fun and share your experience with it. 2nd indi is a common S/R. Often your eyes are better. Same with Trix divergence. Eyes can pick up the ones that the indi missed. {file} {file}

Thank you for the indicators. will check them out.
  • #472
  • Jan 2, 2014 4:06am Jan 2, 2014 4:06am
By the way, your thread is ace, keep up the good work !
  • #473
  • Jan 2, 2014 4:36am Jan 2, 2014 4:36am
GBP/Jpy on the radar















GBP/JPY on the radar












GBP/JPY
  • #474
  • Jan 2, 2014 5:02am Jan 2, 2014 5:02am
Quoting doriotcapita
{quote} i do recommend NOT trading around major news releases such as FOMC, when draghi speaks, and NFP. Unemployment rates in other nations than AMerica often rocks their currency pairs too so be cautious of that. if im in a position i will place a breakeven stop if I am ITM

Thanks For Advice Bro, Basically Im Trading With Divergences To . But With RSI, Now Im Still Researh How My Strategy Used For Scalping ..

*Happy New Years To You ..
Making Ordinary To Be Extraordinary .
  • #475
  • Jan 2, 2014 6:10am Jan 2, 2014 6:10am
Quoting charvo
you hopeless, only 23 pages, and you confused? how many posts or charts did DC show? did you even count? but i still do it for you even though you are very likely a light year from 'profitable'. so far DC has shown basically only one thing: try to enter at the 1st touch/retest of a significant (touched many times) level without contradicting current trend. (note that the entry is better taken at lower timeframe.) that's it. but don't get me wrong, this one thing is so rich and sufficient that it might take weeks/months to absorb. so no need to rush...
Ok Old Trader, thanks for your "lesson".
  • #476
  • Jan 2, 2014 8:37am Jan 2, 2014 8:37am
Quoting FXAction
{quote} Ok thanks. Just wondering. Such an indicator would be splendid. I know we have renouned coders in the house. Pls., do something
You may try this one:
Attached File(s)
File Type: ex4 Key Reverse Number Levels.ex4   6 KB | 393 downloads
  • #477
  • Jan 3, 2014 2:33am Jan 3, 2014 2:33am
GBP/USD looking interesting on the H1 and H4, S/R @ the 1.6458 area.
  • #478
  • Jan 3, 2014 8:35am Jan 3, 2014 8:35am
Quoting Ryano
GBP/USD looking interesting on the H1 and H4, S/R @ the 1.6458 area.
Nice one Ryano! A beautiful setup with all the requirements met.
  • #479
  • Jan 3, 2014 9:20am Jan 3, 2014 9:20am
Would like to express my gratitude to Doriotcapita on this wonderful thread. Have been learning tons of stuff(and gold nuggets) from just these 24 pages. Looking forward to every post you are making daily. Your explanations are very, very detailed and precise.

Just found out something new today, which I thought it would be good to share:
Apparently different MT4 platforms from different companies gives out different signals. I use both Axitrader and IBFX which are both Australia based. The cable trade setup shared by Ryano earlier today had a signal in my Axitrader(30Mins) whereas IBFX charts did not indicate any signals whatsoever. So I guess I will have to actually scan charts by both companies in order to have a clearer picture, like what Doriotcapita suggested in one of his earlier post.
  • #480
  • Jan 3, 2014 9:45am Jan 3, 2014 9:45am
I'll share some setups I took today:

GPBUSD: Ryano mentioned it earlier... +40
USDCHF: Breakout -> pullback to support -> divergence -> uptrend
It wasnt an A setup but I did give a shot for that, risked 20 for 40, 2:1. +40pips
XAUUSD: Breakout -> pullback to support level and BB 200(strong support)-> uptrend at 1H+4H. +60 pips atm

Feel free to comment :o
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 50 KB
Click to Enlarge Name: usdchfh1.png Size: 52 KB
Click to Enlarge Name: xauusdh1.png Size: 61 KB
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