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Simple, Non-subjective, Consistent, Effective

  • #281
  • Edited 7:56am Feb 6, 2014 2:20am | Edited 7:56am
Nice call on AU nasko. I'm still in the UJ short and just entered EJ short now too, with an hrly/15min engulf setup

Edit: stopped out -50.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AP3EJH1entry.PNG Size: 31 KB
Click to Enlarge Name: AP3EJ15Mentry.PNG Size: 27 KB
  • #282
  • Feb 6, 2014 2:32am Feb 6, 2014 2:32am
Hey guys,

didn't get a confirmation signal from the Cable on a lower timescale

so probably the right direction is SHORT...

but I got one from Gold , hope it works nicely

I have attached a chart. Bear in mind that my signal was coming from the

15M chart, although it might get confirmed by the 1H chart if I was right

on this trade... let's see whether it's going to be a winner....

Chrz
Attached Image (click to enlarge)
Click to Enlarge Name: gold.jpg Size: 293 KB
  • #283
  • Feb 6, 2014 2:33am Feb 6, 2014 2:33am
Quoting sidefx
Nice call on AU nasko. I'm still in the UJ short and just entered EJ short now too, with an hrly/15min engulf setup {image} {image}
Hey Sidefx,

great- I missed this one, although I was looking at it and gold and

wondering which one to take .. Hopefully they both work out m8 ...

time will show

Chrz
  • #284
  • Feb 6, 2014 2:45am Feb 6, 2014 2:45am
Good strategy. Will try it today.
  • #285
  • Feb 6, 2014 5:37am Feb 6, 2014 5:37am
GU - short engulf (hrly)..NB: double engulf over the last 4 hours.
Attached Image (click to enlarge)
Click to Enlarge Name: AP3GUH1en.PNG Size: 25 KB
  • #286
  • Feb 6, 2014 6:55am Feb 6, 2014 6:55am
As far as I understand the starter of this trading style - you need a trending environment to find good stacking opportunities. GU is just in a sideways move and waiting for the news to come - so there is no momentum. Also the price is meandering around the previous monthly low (PML) - no clear direction.

My trading lesson: I didn't manage to build my first stack entry @ short GBPJPY - On a bigger picture it looks like a 50% retracement to me and maybe its time to begin stacking to the long side :-).


Cheers & Good Luck
Salmei, Dalmei, Adomei!
  • #287
  • Feb 6, 2014 7:45am Feb 6, 2014 7:45am
Quoting nichess
As far as I understand the starter of this trading style - you need a trending environment to find good stacking opportunities. GU is just in a sideways move and waiting for the news to come - so there is no momentum. Also the price is meandering around the previous monthly low (PML) - no clear direction. My trading lesson: I didn't manage to build my first stack entry @ short GBPJPY - On a bigger picture it looks like a 50% retracement to me and maybe its time to begin stacking to the long side :-). Cheers & Good Luck
Hi nichess,

I do totally agree with you, but I have said in previous

posts if you are following this thread that my style of trading

is really close to this system, but with some exceptions. I do not

want to add anything to Ap3's system, it is really awesome, but

I am just sharing with the other traders that have similar strategies

my trading ideas- I don't think there is anything wrong with that .

Chrz
  • #288
  • Feb 6, 2014 1:57pm Feb 6, 2014 1:57pm
Thank you at all to share your strategy.

I have a little problem, if I tried to put the indicators in the folder indicator and if I closed and reopen the plateform, I don't see these indicators. the version I have is 4.00 build 600.

anybody can help me???

Have a nice day
  • #289
  • Feb 6, 2014 4:24pm Feb 6, 2014 4:24pm
Quoting liberty55
Thank you at all to share your strategy. I have a little problem, if I tried to put the indicators in the folder indicator and if I closed and reopen the plateform, I don't see these indicators. the version I have is 4.00 build 600. anybody can help me??? Have a nice day
Hi,


If you put the MQ4 or EX4 files in C:\MT4 installs\H4 Std\experts\indicators folder you should see them in the Navigator window under Custom Indicators

If you don't see them there, either they are faulty, or they are not the indicators you think they are, for example Expert Advisors can look like indicators but will not work unless they are in the correct folder. Or they are accidently not in the right folder.

Have fun!
Attached Image
Don't ask me, I have no idea what's going on.
  • #290
  • Feb 6, 2014 6:40pm Feb 6, 2014 6:40pm
thank Gizz, I put the indicators (Daily-Weekly-Monthly hi-low.mq4 and the multiMeter.mq4 found in the fisrt page..) and I put in the expert/indicator folder anf I can not to find but with the exploror Windows, i see them....where the mistake???

thank for your help.

anybody have some ides???
  • #291
  • Feb 7, 2014 2:09am Feb 7, 2014 2:09am
Hi guys,

I am looking at the EUR/AUD at the moment and this bullish engulfing,

but still have the feeling that all patterns before the jobs data might

be fakeys... anyways, I am not sure about trading this one, but thought

nice of sharing with you what I am seeing right now

Chrz
Attached Image (click to enlarge)
Click to Enlarge Name: ea.png Size: 128 KB
  • #292
  • Feb 7, 2014 2:26am Feb 7, 2014 2:26am
Also guys,

just a quick look at Gold 1H, we can see two bullish engulfing patterns

in the near past, which might an indication of where the price is going to

eventually lead us after the jobs data ... who dare trade before that?

Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 53 KB
  • #293
  • Feb 7, 2014 3:42am Feb 7, 2014 3:42am
I assume you use previous high/lows as resistance, because they aren't subjective. However you then continue to explain that these lines are used in a subjective manner anyway (e.g. deciding on take profit, directional bias, etc.). So why not use subjective s/r lines in the first place?

To my point 9 is a bit irritating. The win ratio of a system can't be a part of the ruleset of that system.

Really like the overall clarity of your ideas though. Thanks for sharing.
  • #294
  • Feb 8, 2014 2:45am Feb 8, 2014 2:45am
Quoting liberty55
thank Gizz, I put the indicators (Daily-Weekly-Monthly hi-low.mq4 and the multiMeter.mq4 found in the fisrt page..) and I put in the expert/indicator folder anf I can not to find but with the exploror Windows, i see them....where the mistake??? thank for your help. anybody have some ides???
Hi Liberty55

If the Indi's are definitely in the correct folder and you're definitely looking in the right place to find them and we know the indicators are good, then as far as I can see there must be a fault with your MT4 install, it might be worth downloading a new one from your broker and trying it from scratch,
Sorry I don't have other solution for you!

Good luck.
Don't ask me, I have no idea what's going on.
  • #295
  • Feb 8, 2014 4:26am Feb 8, 2014 4:26am
i think following the strategy kinda helps especially the pending order bit it helps to minimise loosers that long wick would have made the trade to be a looser had i not set a buy stop spread +1
i took this gbp/jpy trade i closed it for 1:2 RR some 81pips i dint want to hold a trade over the weekend
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpyh1.png Size: 36 KB
thankyou gregwilson
  • #296
  • Feb 8, 2014 4:56am Feb 8, 2014 4:56am
Quoting njokie
i think following the strategy kinda helps especially the pending order bit it helps to minimise loosers that long wick would have made the trade to be a looser had i not set a buy stop spread +1 i took this gbp/jpy trade i closed it for 1:2 RR some 81pips i dint want to hold a trade over the weekend {image}
woow, that's quite impressive- well done m8!
  • #297
  • Feb 10, 2014 2:17am Feb 10, 2014 2:17am
Good morning fellas,

first signal for the new week

Sharing with you the EC 1H Bullish Engulfing.

Chrz
Attached Image (click to enlarge)
Click to Enlarge Name: ec.png Size: 70 KB
  • #298
  • Feb 10, 2014 10:39am Feb 10, 2014 10:39am
Thank Gizzledonk, I found my mistake.... with the version from mt4.... the directory where you have to put the indicators is not at the same place...now it is working...

Have a nice day


Jean-Pierre
  • #299
  • Feb 10, 2014 10:47am Feb 10, 2014 10:47am
Engulfing on H1 GBPAUD
Attached Image (click to enlarge)
Click to Enlarge Name: ga.PNG Size: 49 KB
fokyou forexfactory
  • #300
  • Feb 10, 2014 1:48pm Feb 10, 2014 1:48pm
Quoting DNTme
Engulfing on H1 GBPAUD {image}
Watch out m8,

there is a 4H bearish engulf...
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