Disliked{quote} already got my 10% profit cycle in 4 trading days this week, so today I relax and sit back. Today only demo and testing this EA various conditions. thanks mate! take some time for a few schooners of Weizen and bratwurst.Ignored
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Trading Made Simple system follower - Thanks to eelfranz 9 replies
Disliked{quote} already got my 10% profit cycle in 4 trading days this week, so today I relax and sit back. Today only demo and testing this EA various conditions. thanks mate! take some time for a few schooners of Weizen and bratwurst.Ignored
Disliked{quote} Nice trades fxFox.mb , I'm trying to clone Phx62 trading style as you do and took the EA trade today and I got a nice 30 pip, the EJ trade was too crowded for me take the trade and didn't have a clear shot , I can see that you developed a good understanding about pullback candles formation which I find it's not easy to grasp, I'm trying to backtest everything but the markets are changing most of the time , do you try to find other pullback formations or just what was found in Phx62 PDfs ? ThanksIgnored
Disliked{quote} geomoon, I search for PCRFs defined by phx62 - consisting of three candles, where the third one changes APB color and is supported by a TDI cross. But for me PCRF's are a little tricky, particularly depending on where they occur. I sometimes have problems that a PCRF establishes as a fake and doesn't lead into a longer move. Look at my first EURJPY trade yesterday - I tried to get in on a better price, after the right blue candle of the PCRF allready went 23 pips up. phx62 sometimes enters immediately on the third candle which exceeds the...Ignored
DislikedThought it would be a good exercise for me anyway to expalin why EJ was a good trade and EURCHF (currently diving rather than swimming) was a bad trade. {image} Apart from Big E rules, I see some things I like . I am trading with the H4 channel and a strong H channel. Also I have found personally that taking the second candle entry from the previous closed bar cross entry works better for me. {image} Hindsight can be a tormentor or teacher. Now after entering I see things I don't like. H channel steeply against me, 4h and Daily channel against me....Ignored
Disliked{quote} I looked at EURCHF (not one I follow) earlier from your original post. It only has a very small daily range, and looked pretty exhausted on M15 chart IIRCIgnored
DislikedTwo trades from midnight on D charts. EG +4. UCad -7. UChf is still running for 4 days +121. {image} {image}Ignored
DislikedJust got home, missed the first H4 candle. However from a quick look without zooming out chart, I think today would have been a great day if I enter according to Big E! Question is if I would be able to spot them at the start of the candle. {image}Ignored
Dislikedplease don't tell me clsoing all trades at 2pm London time is your exit strategy...Ignored
DislikedHi Emmanuel, I'm not familiar with up thrust bar and dynamic candle entry. Can you elaborate please? Googled and found a youtube on up thrust bar but the india accent was so difficult to understand. http://www.youtube.com/watch?v=TfyI6wLcVz0Ignored
DislikedHi Emmanuel, I'm not familiar with up thrust bar and dynamic candle entry. Can you elaborate please? Upthurst bar sounds like an engulfing bar with some wicks? Googled and found a youtube on up thrust bar but the india accent was so difficult to understand. http://www.youtube.com/watch?v=TfyI6wLcVz0Ignored