Attachments: Shhh! Noiseless Trading Zone

Shhh! Noiseless Trading Zone

#381
Jan 29, 2014 2:35pm Jan 29, 2014 2:35pm

JTee1
| Joined Apr 2010 | Status: Trader | 1,401 Posts

good chance for reversal coming up, but bad time of day.

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#382
Jan 30, 2014 9:32am Jan 30, 2014 9:32am

JTee1
| Joined Apr 2010 | Status: Trader | 1,401 Posts

Buy eu 1.3570

#383
Feb 3, 2014 3:25am Feb 3, 2014 3:25am

niepce
| Commercial User | Joined Feb 2008 | 223 Posts

Quoting John Chipsa

Disliked

{quote} Hi, I'm still here ... :-) But my world is falling apart, so I have no desire to write and even trade ..........

Ignored

Have been travelling to Asia then came back and right now like Chipsa have a bit of personnal issues, plus, it's difficult to emulate Big J.T. talent and posting my last demo trials would have been a bit discouraging.

But i've kept monitoring this thread and will keep on.

I dunno what to focus, tho. Renko or simple chart setups. The setups are changing all the time

Meeeooow !!!

#384
Feb 3, 2014 6:10am Feb 3, 2014 6:10am

niepce
| Commercial User | Joined Feb 2008 | 223 Posts

Okay, my lame way.

Entry short as per stochastics touching 80 on M15, as a trigger.
H4 below EMA20 as a higher TF filter.

SL on last spike. TP=SL.
TP on EMA 20 on M15 if possible.

Can't get any simplier.

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Meeeooow !!!

#385
Feb 3, 2014 8:36am Feb 3, 2014 8:36am

JTee1
| Joined Apr 2010 | Status: Trader | 1,401 Posts

Quoting niepce

Disliked

Okay, my lame way. Entry short as per stochastics touching 80 on M15, as a trigger. H4 below EMA20 as a higher TF filter. SL on last spike. TP=SL. TP on EMA 20 on M15 if possible. Can't get any simplier. {image}

Ignored

Looks very reasonable. track your progress and go for it.

JTee1

#386
Feb 3, 2014 9:02am Feb 3, 2014 9:02am

JTee1
| Joined Apr 2010 | Status: Trader | 1,401 Posts

Quoting niepce

Disliked

{quote} Have been travelling to Asia then came back and right now like Chipsa have a bit of personnal issues, plus, it's difficult to emulate Big J.T. talent and posting my last demo trials would have been a bit discouraging. But i've kept monitoring this thread and will keep on. I dunno what to focus, tho. Renko or simple chart setups. The setups are changing all the time

Ignored

I like the renko bars for clarity, but I'm out and about most of the time. Therefore no renko on my phone. I flip through time frames and make a decision on trend then consider any news plus look for support and resistance and consider time of day and look for patters that are repetitive with that typical currency. I wish I could explain it better.
I trade trend and reversals, the reversals at support and resistance go against everything on the renko chart. But that's a riskier trade and just how it is. With every good move there is usually a good reversal. It's not a gut feeling it's more of a pattern thing off of previous Support or Resistance. But it doesn't take long to figure out its not working out and take a loss. Then you lick your wounds and move on.

I know what your feeling, I've been there and still feel it.
JTee1

#387
Feb 4, 2014 9:43am Feb 4, 2014 9:43am

niepce
| Commercial User | Joined Feb 2008 | 223 Posts

I think I have read somewhere that, the new MT4 600 builds has changed of .HST file format.
I guess that could create many problems with Renko or Range bars generator since they are writing offline charts.

I am interested in getting feedback whether your Renko generator works well or not on build 600 !

Meeeooow !!!

#388
Feb 6, 2014 10:29am Feb 6, 2014 10:29am

JTee1
| Joined Apr 2010 | Status: Trader | 1,401 Posts

Good day

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#389
Feb 7, 2014 8:36am Feb 7, 2014 8:36am

JTee1
| Joined Apr 2010 | Status: Trader | 1,401 Posts

$ 66.00 on Friday. I missed all the big moves slept in. done for the week.

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#390
Feb 7, 2014 8:41am Feb 7, 2014 8:41am

JTee1
| Joined Apr 2010 | Status: Trader | 1,401 Posts

I have not heard this, but I am using build 509.

JTee1

Quoting niepce

Disliked

I think I have read somewhere that, the new MT4 600 builds has changed of .HST file format. I guess that could create many problems with Renko or Range bars generator since they are writing offline charts. I am interested in getting feedback whether your Renko generator works well or not on build 600 !

Ignored

#391
Feb 7, 2014 9:20am Feb 7, 2014 9:20am

JTee1
| Joined Apr 2010 | Status: Trader | 1,401 Posts

Been setting sl on previous highs or lows of 10 pip renko bars. sometimes as high as 50 pips. But I've also been going for 1:1 ratio of sl for tp. Has had some larger drawdowns, but also been trading 2 lots at times. Going to scale back trade sizes to keep sl at a 3% level of risk. 3% is approaching $600 at present.

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