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Raghee Horner's 34EMA Wave & GRaB Candles

  • #21
  • Jun 30, 2014 1:07am Jun 30, 2014 1:07am
Greetings Raghee,

It is an honor to have an expert trader such as yourself here in our midst. Looking forward to following this thread with much interest!!!

Cheers,
  • #22
  • Jun 30, 2014 2:07am Jun 30, 2014 2:07am
Hai raghe,
Its really great pleasure to see you here, when I start my trading before eight years, I look your pdf, and liked your style, and followed and accept you as my mentor, still remember a little boy of your coussion said about four o clock, then only the trend direction identified by clock timings, continiue your great work.
  • #23
  • Jun 30, 2014 2:17am Jun 30, 2014 2:17am
Greetings Raghee,

"Forex Trading for Maximum Profit" was the first trading book I ever read. I have been using the 'Dave Wave' ever since that day. Your book introduced me to many important concepts in trading that I hold dear to my heart, but more importantly, it inspired me to do my due diligence and to pursue my dream of trading full time.

Very nice to see you posting on FF

Cheers
Pride always comes before destruction.... -Proverbs 16:18
  • #24
  • Jun 30, 2014 3:05am Jun 30, 2014 3:05am
Quoting Raghee Horner
Hey fellow ForexFactory traders, Raghee here. I receive a lot of questions about how I use my tools: The 34EMA Wave and GRaB Candles on a daily basis. It's time to get the discussion going and get the record straight, so to speak. Those of you who know me, know that I have been active here at ForexFactory.com for a long time, sharing my analysis and set ups...and much of the reason for the popularity for my tools is there simplicity but there are some basics to make sure that you're using the tools correctly or at least the way I intended when I...
Finally a Thread by my long time Favorite Writer, Analyst and Trader, u don't know me but i'm a long time follower of your trading methods and activities.

I will be visiting regularly.

All the best.
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #25
  • Jun 30, 2014 4:28am Jun 30, 2014 4:28am
Hi Ms Raghee,

I have read about the 34 EMA wave before, but not GRaB Candles, hope to learn more from you, thanks!
  • #26
  • Jun 30, 2014 8:07am Jun 30, 2014 8:07am
Thanks for your answer Raghee, I will look at the videos
  • #27
  • Jun 30, 2014 9:27am Jun 30, 2014 9:27am
Hi Raghee rather than looking for tops and bottoms all my my life, looking forward to your expertise and for once getting into the trend
  • #28
  • Jun 30, 2014 10:25am Jun 30, 2014 10:25am
hello Raghee
i have read your book :it is very nice and easy to understand.
i have do some tools about your system.
i post one of them ,i think it is the good thread to do that ,and hope this indicator can
help someone.
regards

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KISS&V :Keep it simple safe & visual
  • #29
  • Jun 30, 2014 12:07pm Jun 30, 2014 12:07pm
Hello,

I have not been able to find the GRaB candle indicator, can anyone post it or lead the way in finding it?
  • #30
  • Jun 30, 2014 7:41pm Jun 30, 2014 7:41pm
Quoting -Ollie
Hello, I have not been able to find the GRaB candle indicator, can anyone post it or lead the way in finding it?

Post #8005



http://www.forex-tsd.com/indicators-...ignal-801.html
Absorb what is useful. Discard what is not. Add what is uniquely your own.
  • #31
  • Jun 30, 2014 9:38pm Jun 30, 2014 9:38pm
Hi Raghee.. thanks for opening up the thread. Your time and effort to teach us is highly appreciated...! If you could post some screenshots or charts, it'd be easier to GRAB information for normal guys like us. Keep posting, whenever you could find time.
  • #32
  • Edited 10:21pm Jun 30, 2014 10:09pm | Edited 10:21pm
Quoting Noosaville
I am very pleased to see your new thread Raghee Iv'e followed you on Babypips for a long time. However I don't know what GRab candles are ? Can you please post a chart and tell me where you get the template. Are they similar to Average Price Bars? (HA) I'm familiar with your EMA's they are great. I'm sure you will get a great following in the not too distant future, Noosaville

@Noosaville GRaB Candles stand for Green Red and Blue candles and are simply a visual tool for me to determine - at a glance - the organization of the trend, any transitions in the trend, and the organization of the momentum.

In an uptrend I should see green GRaB candles dominating the trend.
In a downtrend I should see red GRaB candles dominating the trend.
In a sideways/choppy market I should see blue GRaB candles dominating the range.

The colors print according to where price action is in relation to my 34EMA Wave.

Above the 34 period EMA on the high and the candles are green.
Below the 34 period EMA on the low and the candles are red.
Between the two EMAs and the candles are blue.

I differentiate between up and down closes by using a lighter shade of green/red/blue for an up close and a darker shade of green/red/blue for a down close.

Since I make it clear what my 34EMA Wave and GRaB Candles are and how they are plotted many other platforms have this plug-in so it should be easy enough to find. Since I am the Chief Currency Analyst for IBFX / TradeStation, both those platforms have either built it into the platform as IBFX has with their version of MT4 and TradeStation makes the plug-in available (free) in their TradingApp store.

I also have the zipped file of both indicators for any version of MT4 and the installation "guide" on my PC so I will be sure to make that available in the next few days with a video on how to use them. I'll be sure to post the link here when I do get that online.


"Don't write for everybody. Write for yourself and hope there's readers out there like you. It's the best way to keep your writing true."
  • #33
  • Jun 30, 2014 10:15pm Jun 30, 2014 10:15pm
Quoting Leon 14
Hi Raghee rather than looking for tops and bottoms all my my life, looking forward to your expertise and for once getting into the trend

@Leon

Fading tops and bottoms (resistance and support) is ok if you are trading a wide choppy range where the range extremes (the ceiling and floor) would represent an overbought or oversold level.

The 34EMA Wave's job is to let me know what the underlying trend is in the markets so when it's what I call a "two to four o'clock" angle I will look to fade "overbought" or "oversold" levels with the helps of a Slow Stochastics but alas this is not trend trading and a more aggro way to trade a market.

I mention this because "tops" and "bottoms" in a range are fair game...but in a trend, getting "contrarian" can be deadly to your account. There are a few ways to target reversals and a classic way is a "W" or "M" pattern or a Dow 1-2-3. Not high percentage unless you are trading a market transition...but then again, look for a 34EMA Wave losing it's steepness and some blue GRaB candles and you are start looking for just such a set up.

More on that some other time


"Don't write for everybody. Write for yourself and hope there's readers out there like you. It's the best way to keep your writing true."
  • #34
  • Jun 30, 2014 11:21pm Jun 30, 2014 11:21pm
GOOD Stuff Raghee.. look forward to your insights
  • #35
  • Jun 30, 2014 11:22pm Jun 30, 2014 11:22pm
Raghee...
Which is your time frame of execution and do u analyse the HTF for the direction of the market? Can you please include some charts too? thanks for your time...
  • #36
  • Jul 1, 2014 1:17am Jul 1, 2014 1:17am
looking forward for the video
  • #37
  • Jul 1, 2014 2:36am Jul 1, 2014 2:36am
Subscribed
  • #38
  • Jul 1, 2014 6:39am Jul 1, 2014 6:39am
Quoting vinforex7
Raghee... Which is your time frame of execution and do u analyse the HTF for the direction of the market? Can you please include some charts too? thanks for your time...
@vinforex7

Here are a few videos from my YouTube page which I think are particularly helpful:


Lesson on the Levels I Use to Enter a Trend ----->
Inserted Video
(I'd say that most of what I do is trend following or what I refer to as swing trading.)

A lesson in how to find trades: Charthacking ----->
Inserted Video
("Charthacking" is my way of saying that we respect and follow - to a point - all three avenues of analysis: Fundamentals, Price Action, and Technicals.


...and you can also find a huge list of my past Nightly Videos as well at http://www.youtube.com/user/ragheehorner (New ones are sent via a free video newsletter which you can sign up for but that's totally up to each of you! You can do that here: http://tradeforexfutures.com/free-video-signup/)


I also do a free Forex in Focus webinar each Monday for TradeStation, the last one (I did yesterday) is posted at
Inserted Video
Yesterday's conversation was about what I call the rhythm of the day and Proximity as well as price movement range.


This should be a great start and create a good foundation for future discussions!
  • #39
  • Jul 1, 2014 6:41am Jul 1, 2014 6:41am
Hello Raghee, Some interesting info here thank you. I wonder if you can help, I've been looking around trying to find any live results for your trading and I can't seem to find any. I found this on forex peace army about you...

http://www.forexpeacearmy.com/public...www.raghee.com

but quite a lot of the info is quite old.

As you have been on forex factory for a while why don't you start a trade explorer so that you can demonstrate your trading live? I'm sure lots of people would find that interesting.

Looking forward to learning more from you. Danny.
Shampoo for my real friends
  • #40
  • Jul 1, 2014 10:06am Jul 1, 2014 10:06am
Hi,horner,I am from China...
and I am a learner of FX..
I read one of your books a year ago...
and it's very enlightening ..
thax for ur help..


love from Jay
great loser,but not great dick~
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