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  • #5,141
  • Feb 27, 2014 3:39pm Feb 27, 2014 3:39pm
Quoting Salgueiro
GBP AUD short trade many pips in sight look for a good entry M1 M5
Right and straight!

entry closed +80 pips
re-entry 1 closed +52 pips
re-entry 2 ongoing - 9 pips
::: Grao a Grao ... :::
  • #5,142
  • Feb 27, 2014 4:57pm Feb 27, 2014 4:57pm
EUR USD
Short trend
Waiting for ADX expansion
::: Grao a Grao ... :::
  • #5,143
  • Feb 27, 2014 9:20pm Feb 27, 2014 9:20pm
Quoting sanjar434
{quote} Thanks for your comment. I have lack of practice. Do not you think like the higher TF has more power, I mean on H4 movement can be correction, before major move on D?
H4 drives the Daily, so that trade may be the first to take place...........
The More You Learn, The More You Earn.....
  • #5,144
  • Feb 27, 2014 9:22pm Feb 27, 2014 9:22pm
Quoting sanjar434
Addition to the above example on EU D. Looks like whenever cross of Black and Green at near 80 level happens, price stops the movement. Please, comment {image}
The green sto is the trend and the black sto is the direction of price at the time.............
The More You Learn, The More You Earn.....
  • #5,145
  • Feb 27, 2014 9:25pm Feb 27, 2014 9:25pm
Quoting letterB
today with help from fellow traders I got a nice London trade, could have held but I am ver happy with this: http://screencast.com/t/1g31xXzHt
Great and you should of held on, using the ADX to get out, you missed many pips..........
The More You Learn, The More You Earn.....
  • #5,146
  • Feb 27, 2014 10:00pm Feb 27, 2014 10:00pm
Quoting jpadvisor
Remember in higher tframes it takes times to become effective the DS trade. Once in UC I waited 5 days before prices took off. {quote}
And that's what you have to do in trading sometimes..........

Once in UC I waited 5 days before prices took off.
The More You Learn, The More You Earn.....
  • #5,147
  • Feb 27, 2014 10:06pm Feb 27, 2014 10:06pm
Sorry to all that I have not been here as much lately, other things have temporary taken Alien's time from this thread. This weekend I will go through all pairs and TF's and see what we can find for next week. It's been awhile................Thanks ........
The More You Learn, The More You Earn.....
  • #5,148
  • Feb 28, 2014 12:03am Feb 28, 2014 12:03am
Look at GU 30M, possible long movement
W-D: long
other TF I consider flat, waiting for a new move.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm30.png Size: 56 KB
  • #5,149
  • Feb 28, 2014 1:18am Feb 28, 2014 1:18am
Quoting sanjar434
Look at GU 30M, possible long movement W-D: long other TF I consider flat, waiting for a new move. {image}
Hi sanjar434,

did you catch that one? if yes, may i know when do you enter, thanks..
live your life heartfully..
  • #5,150
  • Feb 28, 2014 2:08am Feb 28, 2014 2:08am
Quoting chrisyuto
{quote} Hi sanjar434, did you catch that one? if yes, may i know when do you enter, thanks..
If you played it by the system, the method is :

1) spot the setup for a DS trade : distance between DS/rsioma + ADX all shrinking --->HURRAY, a setup
2) drop down to M15 to see if there is an entry : no entry signals at the time we're checking this, BUT : BBSqueeze, and longer trend stoch (100) is stll strong above 80 ----> Double HURRAY, we found a double setup, both pointing long
3) drop to M5 and wait for a move long with all 5 ADX moving up --->entry!!

at the time i write this, it made you 40 pips if you stayed during the 2 retraces. Since we have ADX now on M15, you can safely move your stop to profit, and use the M15 adx as exit signal. If you get lucky and the trend starts taking H1, use those ADX as exit, etcetc. That depends on how it develops, and i havent checked higher TF for this, gotta leave some homework for you ;-)
The game taught me the game. And it didn't spare me the rod while teaching.
  • #5,151
  • Feb 28, 2014 3:01am Feb 28, 2014 3:01am
[quote=longfellow;7304247]{quote} EJ looks like it may be lining up a DS trade long on M15.[/quo


When trading EJ, you should watch usdjpy and eurusd along with N225 and SPX. Trading EJ is an art..... it cant be taught.
https://my.hfm.com/en/hfcopy/provider-details.html?provider=78024851
  • #5,152
  • Feb 28, 2014 3:30am Feb 28, 2014 3:30am
Quoting yaysayer
{quote} If you played it by the system, the method is : 1) spot the setup for a DS trade : distance between DS/rsioma + ADX all shrinking --->HURRAY, a setup 2) drop down to M15 to see if there is an entry : no entry signals at the time we're checking this, BUT : BBSqueeze, and longer trend stoch (100) is stll strong above 80 ----> Double HURRAY, we found a double setup, both pointing long 3) drop to M5 and wait for a move long with all 5 ADX moving up --->entry!! at the time i write this, it made you 40 pips if you stayed during the 2 retraces....
I am mostly interesting in this:
1) spot the setup for a DS trade : distance between DS/rsioma

Is this distance enough to be spoted on H1?
  • #5,153
  • Feb 28, 2014 3:52am Feb 28, 2014 3:52am
Quoting letterB
{quote} I am mostly interesting in this: 1) spot the setup for a DS trade : distance between DS/rsioma Is this distance enough to be spoted on H1?
Seriously, PULL UP THE H1 CHART AND LOOK!!

There is trying to give my take on an analysis, and i have no problem with that, as you see in the post you quoted.
Why on Earth do you ask this instead of opening your damned charts? Open the H1, and if you are in doubt about something, POST the chart and question and I'll be happy to try to help, as long as I get the impression that you are TRYING.
The game taught me the game. And it didn't spare me the rod while teaching.
  • #5,154
  • Feb 28, 2014 3:55am Feb 28, 2014 3:55am
Quoting Salgueiro
{quote} Right and straight! entry closed +80 pips re-entry 1 closed +52 pips re-entry 2 ongoing - 9 pips
I took 40 pips not thinking I would still add a few more 20 was greedy and I lost -28 pips when i saw that the price had gone up again.
Can not always win
I have learned that "better a dove on hand than two flying"
::: Grao a Grao ... :::
  • #5,155
  • Feb 28, 2014 4:07am Feb 28, 2014 4:07am
Quoting yaysayer
{quote} Seriously, PULL UP THE H1 CHART AND LOOK!! There is trying to give my take on an analysis, and i have no problem with that, as you see in the post you quoted. Why on Earth do you ask this instead of opening your damned charts? Open the H1, and if you are in doubt about something, POST the chart and question and I'll be happy to try to help, as long as I get the impression that you are TRYING.

No need for that my friend. I was just asking an obvious question what is the best TIMEFRAME to look after DS trade : distance between DS/rsioma etc...

What's the point of showing you that on a chart?

​You said…

"1) spot the setup for a DS trade : distance between DS/rsioma + ADX all shrinking --->HURRAY, a setup 2) drop down to M15 to see if there is an entry : no entry signals at the tim…."

​You said… drop down to 15min but never specified higher timeframe, so I pointed out to give me specific higher timeframe. Was that 30 min like shown in the chart of Sanjar434 chart? Or is the usual H1 chart?
  • #5,156
  • Feb 28, 2014 4:21am Feb 28, 2014 4:21am
Quoting letterB
{quote} No need for that my friend. I was just asking an obvious question what is the best TIMEFRAME to look after DS trade : distance between DS/rsioma etc... What's the point of showing you that on a chart? ​You said… "1) spot the setup for a DS trade : distance between DS/rsioma + ADX all shrinking --->HURRAY, a setup 2) drop down to M15 to see if there is an entry : no entry signals at the tim…." ​You said… drop down to 15min but never specified higher timeframe, so I pointed out to give me specific higher timeframe. Was that 30...
I was commenting on his chart, the DS setup on M30. I do not use M30 myself usually, but i did not check higher tf since you drop from the setup tf.

I thought it was clear which tf i was commenting the setp on. With that (false) certainty in the back of my head, your question looked like standard internet "plz hold my hand", instead of the reasonable question it was. My apologies for an undeserved outburst.
The game taught me the game. And it didn't spare me the rod while teaching.
  • #5,157
  • Feb 28, 2014 4:29am Feb 28, 2014 4:29am
Quoting letterB
{quote} No need for that my friend. I was just asking an obvious question what is the best TIMEFRAME to look after DS trade : distance between DS/rsioma etc... What's the point of showing you that on a chart? ​You said… "1) spot the setup for a DS trade : distance between DS/rsioma + ADX all shrinking --->HURRAY, a setup 2) drop down to M15 to see if there is an entry : no entry signals at the tim…." ​You said… drop down to 15min but never specified higher timeframe, so I pointed out to give me specific higher timeframe. Was that 30...
As for 'best' TF to look for DS trades...it's hard to say.
I wouldn't go higher than H4 if you don't wish to hold overnight positions, and i avoid the M1 DS trades like the plague.
Should a higher TF have a DS trade in opposite direction, it's not grade A in my book.
The game taught me the game. And it didn't spare me the rod while teaching.
  • #5,158
  • Feb 28, 2014 4:33am Feb 28, 2014 4:33am
Quoting Salgueiro
{quote} I took 40 pips not thinking I would still add a few more 20 was greedy and I lost -28 pips when i saw that the price had gone up again. Can not always win I have learned that "better a dove on hand than two flying"

I have already closed my week with +113 pips.

I prefer not to trade on Fridays.
https://my.hfm.com/en/hfcopy/provider-details.html?provider=78024851
  • #5,159
  • Feb 28, 2014 4:35am Feb 28, 2014 4:35am
Quoting yaysayer
{quote} As for 'best' TF to look for DS trades...it's hard to say. I wouldn't go higher than H4 if you don't wish to hold overnight positions, and i avoid the M1 DS trades like the plague. Should a higher TF have a DS trade in opposite direction, it's not grade A in my book.
Excellent explanations thank you. I will experiment finding DS trades between 30min and H1.

The reason I mention this is, take a look at GU just now, 30 min had a very nice DS trade, H1 is showing nothing.

Maybe Sanjar434 is on to something here : )
  • #5,160
  • Feb 28, 2014 5:03am Feb 28, 2014 5:03am
Quoting letterB
{quote} Excellent explanations thank you. I will experiment finding DS trades between 30min and H1. The reason I mention this is, take a look at GU just now, 30 min had a very nice DS trade, H1 is showing nothing. Maybe Sanjar434 is on to something here : )
H1 shows that DS trade in the 8-stoch. Remember that you can use the stochs for slingshot trades too.

It's all personal preference, but in the 'standard' alien frames the lower tf is multiplied by a fact between 3 and 6 to get the higher tf. Thanks to how the stochs are setup, they show symmetry between timeframes : low tf 110 stoch mimics higher tf green stoch, low tf green stoch is higher tf 8 stoch, etcetc. Adding two steps where the multiplication is by factor 2 may destroy that symmetry for the m15->h1 unless you start playing with parameter settings, and that may well be a system killer.

I'm staying away from tweaking until I am muuuuuuch more familiar with the system, allthough looking over past m30 DS setups and checking if they show up as 8-stoch slingshots on H1 may be a productive waste of time for the weekend
The game taught me the game. And it didn't spare me the rod while teaching.
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