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  • #32,321
  • Mar 13, 2014 9:08pm Mar 13, 2014 9:08pm
Quoting Bizzzle
{quote} Yes, EU, GU, AU, EJ, GJ and AJ best of luck
I usually check this six pairs plus AU. With EST timing and working hours, sometimes I will not able to check on my trade. At least, two or three 4H candles I may miss. Can you please suggest how to over come this fear not checking the trade and holding the trade.

I think you are very good at LL-LH, HH-HL with TDI cross. Sometimes, I will take those trade but some how it will end up in loosing trade. How do you recognize the momentum for LL-LH, HH-HL trades? Do you check LFT or HTF? For the above mentioned six pairs, How many trades do you take in a week?

Do you trade any other A+++ strategies? If any, please let us know.
  • #32,322
  • Mar 13, 2014 9:49pm Mar 13, 2014 9:49pm
Quoting Bizzzle
Nice pullback candle formed on the 4 hour GJ will we see a nice push above it?
Hi Bizzzle

I would like to ask you about pullback candles, they come in diffent sizes, forms and shapes, ie large, small, might be tiny too

I am back testing and taking notes on these little creatures do you like have a plan a head that there might be a pullback next bar candle a head in time based on some rules or something

and when they do appear, how do you plan to trade them, ie a cross of TDI is mandatory, comes at a key level only for them to be candidate.. etc

Any thoughts on this pullback candle formation
I Have Learned to Take Some Losses to Make Profits
  • #32,323
  • Mar 13, 2014 9:57pm Mar 13, 2014 9:57pm
Quoting as33156
{quote} Hi TP123, Yes my Broker is MBTrading which operate their platform on -5 GMT (NYC Time). I know another forum member who is looking into using a -5 GMT timed account to look for entries as it seems to give them ahead of other time zones by almost 2 bars in some cases. The early bird catches the worms! :nerd: May the pips be with you!
Can you tell me other brokers with this timing GMT -5, i googled but could not find.
  • #32,324
  • Mar 13, 2014 10:03pm Mar 13, 2014 10:03pm
Any idea about EA ??
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #32,325
  • Mar 13, 2014 10:13pm Mar 13, 2014 10:13pm
Quoting thinkpad123
{quote} I am always confused about this whether to use New york close charts for trading as BIG E did or GMT 0 charts offered by other brokers. I have although tested both and result was new york close charts give more reliable signals for TMS but still sometimes i see people get early entries on GMT 0 charts. Big banks also use GMT 0 charts but i don't want my candle to open in synchronization with London open and close times. Anyone else have such problems in his mind or want to give any suggestion?
So here's the same big problem. I waited for this EJ H4 candle to give me TMS signal yesterday on my NY close FXCM charts and this is what I found in comparison to MB trading broker's charts (Demo).

Attached Image (click to enlarge)
Click to Enlarge Name: MB Trading EJ H4.png Size: 173 KB

Attached Image (click to enlarge)
Click to Enlarge Name: FXCM EJ H4.png Size: 171 KB


If entered using MB trading chart 1st candle which showed sell signal like 84 pips before FXCM 1st candle I would have got those in my account.

At this time the difference between MB charts and FXCM charts on the same pair is around 30 pips.

I closed my EJ H4 last night with 53 pips in profit but It left me wondering should I look at MB trading charts and then trade on FXCM live account and why such a huge difference.

I would appreciate the comments.

Regards
  • #32,326
  • Edited 11:29pm Mar 13, 2014 10:35pm | Edited 11:29pm
Quoting pundit78
{quote} Can you tell me other brokers with this timing GMT -5, i googled but could not find.

I have no Ideal. The only way to find out which does it is to look for download platform from different brokers and see what there market watch time says. then look and see if the time matches what it says in nyc. like in my MB trading Mt4 platform the time on market watch matches with nyc. However my trading platform from atc brokers its market watch time says + 2hours gm or 7 hours ahead of nyc time
MAY THE PIPS BE WITH YOU!
  • #32,327
  • Mar 13, 2014 11:26pm Mar 13, 2014 11:26pm
Quoting heispark
Any idea about EA ??
So far a little trend on the way
Attached Image (click to enlarge)
Click to Enlarge Name: Trend.jpg Size: 305 KB
I Have Learned to Take Some Losses to Make Profits
  • #32,328
  • Mar 13, 2014 11:56pm Mar 13, 2014 11:56pm
Quoting as33156
{quote} I have no Ideal. The only way to find out which does it is to look for download platform from different brokers and see what there market watch time says. then look and see if the time matches what it says in nyc. like in my MB trading Mt4 platform the time on market watch matches with nyc. However my trading platform from atc brokers its market watch time says + 2hours gm or 7 hours ahead of nyc time
At the moment, the US is in daylight savings time which mucks things up a bit until london and europe etc catch up at the end of this month, BUT under normal conditions, a broker with gmt +2 (and at the end of the month gmt +3)settings has the finish of the day when new york finishes, so its perfectly ok to look at those brokers to match the 4 hour candle to new york.
  • #32,329
  • Mar 13, 2014 11:57pm Mar 13, 2014 11:57pm
AUDSUD, NZDUSD, & EJ Trades are all in the green. EJ is working it's way back down for a potential 200 pips on the trade. It's already in profit 135 pips. I hope everyone has their wheelbarrows handy. It's a shame I closed my EJ with 100 pips in profit instead of letting it run.
MAY THE PIPS BE WITH YOU!
  • #32,330
  • Mar 14, 2014 12:03am Mar 14, 2014 12:03am
Quoting MrAussieFX
{quote} So here's the same big problem. I waited for this EJ H4 candle to give me TMS signal yesterday on my NY close FXCM charts and this is what I found in comparison to MB trading broker's charts (Demo). {image} {image} If entered using MB trading chart 1st candle which showed sell signal like 84 pips before FXCM 1st candle I would have got those in my account. At this time the difference between MB charts and FXCM charts on the same pair is around 30 pips. I closed my EJ H4 last night with 53 pips in profit but It left me wondering should...
Sometimes the gmt server will signal first and sometimes the ny timing broker will signal first, you can either concentrate on one broker and trade what you see, or you can open both brokers charts and trade both in which case you would look at the charts every 2 hours instead of every 4. There is a difference because their start times of the day are different so the 4 hour chart will obviously be different.
  • #32,331
  • Mar 14, 2014 12:14am Mar 14, 2014 12:14am
Quoting lastingwell
{quote}Sometimes the gmt server will signal first and sometimes the ny timing broker will signal first, you can either concentrate on one broker and trade what you see, or you can open both brokers charts and trade both in which case you would look at the charts every 2 hours instead of every 4. There is a difference because their start times of the day are different so the 4 hour chart will obviously be different.
Thanks lastingwell
  • #32,332
  • Mar 14, 2014 12:20am Mar 14, 2014 12:20am
EJ H4

Divergence
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.jpeg Size: 118 KB
Sad i'm not trying to understand PA
  • #32,333
  • Mar 14, 2014 12:56am Mar 14, 2014 12:56am
Quoting omonisha
EJ H4 Divergence {image}

Be careful when trying to catch falling knives.
MAY THE PIPS BE WITH YOU!
  • #32,334
  • Mar 14, 2014 12:59am Mar 14, 2014 12:59am
Anybody remember post with TDI/TMS for Mt5?
  • #32,335
  • Mar 14, 2014 1:03am Mar 14, 2014 1:03am
EU H1 13 January 2012 , fell for 200 pips and the next day stayed side way with a little move to the upside at around LO

Lets see what EU, EJ, GU brings in today

History repeats itself , is it?!
Attached Image (click to enlarge)
Click to Enlarge Name: EU_13Jan2012.jpg Size: 371 KB
I Have Learned to Take Some Losses to Make Profits
  • #32,336
  • Mar 14, 2014 1:13am Mar 14, 2014 1:13am
Quoting as33156
{quote} Be careful when trying to catch falling knives.
yes thanks.....
Sad i'm not trying to understand PA
  • #32,337
  • Mar 14, 2014 1:20am Mar 14, 2014 1:20am
Quoting as33156
AUDSUD, NZDUSD, & EJ Trades are all in the green. EJ is working it's way back down for a potential 200 pips on the trade. It's already in profit 135 pips. I hope everyone has their wheelbarrows handy. It's a shame I closed my EJ with 100 pips in profit instead of letting it run.
How much percentage you risk per trade?
With God all things are possible.
  • #32,338
  • Mar 14, 2014 1:22am Mar 14, 2014 1:22am
New lows on the EJ trade! It's inching its way to 200 pips profit. it's at 160 right now. Hopefully EU news in 44 minutes will break its back for us.

The NZDUSD trade seems to be a dud. I'm pulling the trigger on it with a small profit of 4 pips. With AUDUSD my SL was moved to breakeven so I can let it ride and do its thing. Easy money everywhere this week!
MAY THE PIPS BE WITH YOU!
  • #32,339
  • Mar 14, 2014 1:24am Mar 14, 2014 1:24am
Quoting TheScorpS
EU H1 13 January 2012 , fell for 200 pips and the next day stayed side way with a little move to the upside at around LO Lets see what EU, EJ, GU brings in today History repeats itself , is it?! {image}
the difference is that it was at the start of the week. this is end of week.
if im not mistaken end of week bias is to always follow the previous day trend.
Daniel
  • #32,340
  • Mar 14, 2014 1:27am Mar 14, 2014 1:27am
Quoting MrAussieFX
{quote} So here's the same big problem. I waited for this EJ H4 candle to give me TMS signal yesterday on my NY close FXCM charts and this is what I found in comparison to MB trading broker's charts (Demo). {image} {image} If entered using MB trading chart 1st candle which showed sell signal like 84 pips before FXCM 1st candle I would have got those in my account. At this time the difference between MB charts and FXCM charts on the same pair is around 30 pips. I closed my EJ H4 last night with 53 pips in profit but It left me wondering should...
This is what my charts from FXCM Uk look like on EJ, after yesterdays move.

Quite different to yours no doubt!


irishtoffy
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpyh4.png Size: 39 KB
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