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Simple stupid position trading (H4/D1)

  • #41
  • Apr 26, 2014 7:17pm Apr 26, 2014 7:17pm
Quoting mario777
{quote}Im confuse, wahts the differecne between engulfing and outside bar? Is it not the same? How about adding inside bar?
There are different views about this but the way I see it an "Engulfing Bar" has the BODY of the bar engulf the BODY of the previous bar.
An "Outside Bar" just has the entire price range break the high & low of the previous bar and makes no difference how the body ends.
Attached Image (click to enlarge)
Click to Enlarge Name: oilusddaily-1.png Size: 31 KB
  • #42
  • Apr 26, 2014 7:57pm Apr 26, 2014 7:57pm
Corn:

Bullish engulfing on WEEKLY chart. DAILY chart was also a bullish engulfing on Friday so the high on daily & weekly are the same.

Bearish Pinbar just recently so trade with caution :-)
Attached Image (click to enlarge)
Click to Enlarge Name: Corn (Weekly).png Size: 25 KB
  • #43
  • Apr 26, 2014 8:05pm Apr 26, 2014 8:05pm
Quoting srt
{quote} There are different views about this but the way I see it an "Engulfing Bar" has the BODY of the bar engulf the BODY of the previous bar. An "Outside Bar" just has the entire price range break the high & low of the previous bar and makes no difference how the body ends.
i see, thanks for the clarification.
  • #44
  • Apr 27, 2014 7:22am Apr 27, 2014 7:22am
Quoting lucariga
{quote} Yes sure... I wanted to know when you use 1:1 and when 1:2
ahh ok, well i tend to trade 1:1 on H4 and 1:2 on daily
Pressure shapes Legends
  • #45
  • Apr 27, 2014 8:14am Apr 27, 2014 8:14am
Quoting Juri
{quote} ahh ok, well i tend to trade 1:1 on H4 and 1:2 on daily
  • #46
  • Edited 2:21pm Apr 27, 2014 2:11pm | Edited 2:21pm
I like this system in principle but, not sure about the risk aspect. Juri, do you mind if personal entries are tweaked?
Think Big!
  • #47
  • Apr 28, 2014 3:35am Apr 28, 2014 3:35am
Quoting Juri
EUR/NZD H4 first trade ...Bearish outsidebar. TP 44 points, SL 44 Points {image}
E/N this was a losing trade -40 P.

Attached Image (click to enlarge)
Click to Enlarge Name: eurnzdh4.png Size: 82 KB
Pressure shapes Legends
  • #48
  • Apr 28, 2014 3:37am Apr 28, 2014 3:37am
Quoting Juri
G/A and E/A H4 R:R 1:1 {image} {image}
E/A hit the target +40 P ...G/A is still running

Attached Image (click to enlarge)
Click to Enlarge Name: euraudh4.png Size: 84 KB
Pressure shapes Legends
  • #49
  • Apr 28, 2014 3:40am Apr 28, 2014 3:40am
Quoting Juri
AUD/NZD H4 beautiful bearish OB {image}
A/N a loser also -30P.

Attached Image (click to enlarge)
Click to Enlarge Name: audnzdh4.png Size: 89 KB
Pressure shapes Legends
  • #50
  • Apr 28, 2014 4:24am Apr 28, 2014 4:24am
Quoting Juri
{quote} ...G/A is still running {image}
G/A missed my target by a few pips. Closed the trade with +1p after the big OB is occurred and opened an buy order

Attached Image (click to enlarge)
Click to Enlarge Name: gbpaudh4.png Size: 76 KB
Pressure shapes Legends
  • #51
  • Apr 28, 2014 9:18am Apr 28, 2014 9:18am
E/U H1 shooting star

Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh1.png Size: 44 KB
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  • #52
  • Apr 28, 2014 1:54pm Apr 28, 2014 1:54pm
Quoting Juri
{quote} I delete the order after an opposite signal appears.
Why not enter the opposite position?
  • #53
  • Apr 28, 2014 3:44pm Apr 28, 2014 3:44pm
Quoting csc2009
{quote} Why not enter the opposite position?

Good point my friend Actually its the part of the strategy...look on my G/A trade
Pressure shapes Legends
  • #54
  • Apr 28, 2014 5:20pm Apr 28, 2014 5:20pm
Love "Simple" and it matches my time frames as well.
Was wondering about the sell / buy stops - do you enter below / above the body or wick of the candle, or does it depend on the type of candle? It appears your S/L is above / below the wick?
  • #55
  • Apr 29, 2014 1:35am Apr 29, 2014 1:35am
Quoting dmostpips
Love "Simple" and it matches my time frames as well. Was wondering about the sell / buy stops - do you enter below / above the body or wick of the candle, or does it depend on the type of candle? It appears your S/L is above / below the wick?


Thanks for your question. Thatīs something i don`t work out quite well so far but i tend to enter below/above the body.
Pressure shapes Legends
  • #56
  • Apr 29, 2014 1:36am Apr 29, 2014 1:36am
Quoting Juri
{quote} G/A missed my target by a few pips. Closed the trade with +1p after the big OB is occurred and opened an buy order {image}
G/A hit the target +60p

Attached Image (click to enlarge)
Click to Enlarge Name: gbpaudh4.png Size: 68 KB
Pressure shapes Legends
  • #57
  • Apr 29, 2014 1:40am Apr 29, 2014 1:40am
AUD/CHF H4

i am short on daily but on H4 i would take this nice hammer as a retracement. TP 40p/ SL 20p

Attached Image (click to enlarge)
Click to Enlarge Name: audchfh4.png Size: 85 KB
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  • #58
  • Apr 29, 2014 1:47am Apr 29, 2014 1:47am
AUD/CAD D1...well here i entered this OB below the wick (i don't know why )

Attached Image (click to enlarge)
Click to Enlarge Name: audcaddaily.png Size: 65 KB
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  • #59
  • Apr 29, 2014 2:44am Apr 29, 2014 2:44am
Quoting Juri
AUD/CAD D1...well here i entered this OB below the wick (i don't know why ) {image}
a question if I may?
what settings you put the colors candlestick?
thanks
  • #60
  • Apr 29, 2014 2:59am Apr 29, 2014 2:59am
Quoting gtudor
{quote} a question if I may? what settings you put the colors candlestick? thanks
Attached Image
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