NZD/USD good for long MD2 template. all is set no objection. {image}
Thank you for sharing.
- #6,124
- Aug 5, 2014 4:05am Aug 5, 2014 4:05am
- | Membership Revoked | Joined May 2009 | 1,419 Posts
easy 40 pips in gbpcad
- #6,125
- Aug 5, 2014 4:09am Aug 5, 2014 4:09am
- | Membership Revoked | Joined May 2009 | 1,419 Posts
{quote} Unfortunately my broker is not yet confirming so will wait it out. Your entry looks right to me, but anyone else who does not agree please comment so we all can learn, thanks
You know...different brokers = different data feeds = POSSIBLE different signals
Well, so it's a GO or NOT? NSD/USD will go UP or NOT? Who knows... :nerd:
- #6,126
- Aug 5, 2014 4:37am Aug 5, 2014 4:37am
- | Membership Revoked | Joined May 2009 | 1,419 Posts
Also possible MTS long on GBP/CHF. But beware...actually red stoch not pointing up, though in hot zone (so risk of reversal is there). 
- #6,128
- Aug 5, 2014 5:22am Aug 5, 2014 5:22am
- Joined May 2014 | Status: Full Time Trader | 27,109 Posts | Online Now
Focus only on what truly matters!
- #6,131
- Aug 5, 2014 5:34am Aug 5, 2014 5:34am
Hello, Anyone who knows about mts system well pls help..... Is my current entry is valid... As u can see there is a little hook at buy zone before open position... Will it invalidate my trade??? Actually i can enter one candle before but u can see the trend indicator was not in good shape... That's why i enter on next candle.... Pls check whether my entry is wrong or valid {image}
the price already did a big move and already made 40pips which you missed.
i didnt even trade this one this morning because it already made 10 pips
look left now you are maybe stuck there at resistance for a long time who knows.
but for me the move was done and now it is too late
my2cent
Bob
Edit: Just my view, don't base your trading style on it. Everybody got different Brokers and so on.
Always trade what you see!
- #6,132
- Aug 5, 2014 5:46am Aug 5, 2014 5:46am
- Joined May 2014 | Status: Full Time Trader | 27,109 Posts | Online Now
{quote} Thanx Ata... Yes i can enter 2 candle before but as u can see at that time trend indicator not cross 0.004 and -0.004.... That's why i am not entered... But here i doubt only about small hook at buy zone area.... will it invalidate my entry?
Hope it helps..
P.S: Next time if you have similar situation.. then at least don't wait too long for the 0.004 cross rule.. instead of waiting candle close of 12pm candle, jump in as soon as price goes 2 pips higher than earlier candle.. because then it is more obvious that price will already go higher so you dont miss the big profit..
Happy Trades
Focus only on what truly matters!
- #6,134
- Edited 6:09am Aug 5, 2014 5:56am | Edited 6:09am
- | Membership Revoked | Joined May 2009 | 1,419 Posts
Yep, i agree with Ata-Turgoklu. Also i understand.. a tricky MTS trade,cause just at the limit (Ma's lining up i mean).
Just a syggestion:beware of one thing about the Trend indi above 0.004 (this is personal, not in the official MTS rules)....
...in my experience, the soon the Trend indi go over 0.004 the best is, cause sometimes if it happens too late, after a "old regular MTS signal" (meaning with that, a signal taken as in the beginning of MTS ruling, where we don't watch at all the TREND indi), it can happen that these further "openings" of the TREND indi (even in the case of > 0.008) are just "the last kicks" of a movement going to exhaustion (particularly if the pair is approaching consistent zone of rejection).
In my analisys for example GBP/CAD has to clear at least a couple of resistance points before really going to climb to a new high since 21 february 2014 (it is rebounding between around 1.8100 and 1.8650 since the end of January).
Maybe this will be the right time, and anyway i think too,like Ata-Turgoglu, that there is enough room to make some green pips, even with your late entry....but..well just food for the mind
Just a syggestion:beware of one thing about the Trend indi above 0.004 (this is personal, not in the official MTS rules)....
...in my experience, the soon the Trend indi go over 0.004 the best is, cause sometimes if it happens too late, after a "old regular MTS signal" (meaning with that, a signal taken as in the beginning of MTS ruling, where we don't watch at all the TREND indi), it can happen that these further "openings" of the TREND indi (even in the case of > 0.008) are just "the last kicks" of a movement going to exhaustion (particularly if the pair is approaching consistent zone of rejection).
In my analisys for example GBP/CAD has to clear at least a couple of resistance points before really going to climb to a new high since 21 february 2014 (it is rebounding between around 1.8100 and 1.8650 since the end of January).
Maybe this will be the right time, and anyway i think too,like Ata-Turgoglu, that there is enough room to make some green pips, even with your late entry....but..well just food for the mind
- #6,136
- Aug 5, 2014 6:00am Aug 5, 2014 6:00am
- | Additional Username | Joined Feb 2012 | 1,055 Posts
{quote} i dont know what is your trading plan here,what is you expectation of this trade. where is SL and TP1/TP2? the price already did a big move and already made 40pips which you missed. i didnt even trade this one this morning because it already made 10 pips
Yes may be u r right....
.... But pls check my screen shot that 2 candle before trend indicator was not in good shape, it was below 0.004 and -0.004.... So how could i enter there unless i get all confirmation ?? My sl and tp is 100 pips.... but as soon as i am in profit i will move my sl in profit level....
- #6,137
- Aug 5, 2014 6:01am Aug 5, 2014 6:01am
- | Membership Revoked | Joined May 2009 | 1,419 Posts
{quote} Hello Arso, I am quite surprise with ur chart.....Here pls check my screenshot .... I am also enter this trade... But my stoch shape and trend indicator quite different from u... There is a small hook at buy zone in my chart but there is no hook in ur chart.... is there any explanation regarding this issue???? {image}
Yep, i agree with Ata-Turgoklu. Also i understand.. a tricky MTS trade,cause just at the limit (Ma's lining up i mean). Just a syggestion:beware of one thing about the Trend indi above 0.004 (this is personal, not in the official MTS rules).... ...in my experience, the soon the Trend indi go over 0.004 the best is, cause sometimes if it happens too late, after a "old regular MTS signal" (meaning with that, a signal taken as in the beginning of MTS ruling, where we don't watch at all the TREND indi), it can happen that these "openings" of the TREND...
- #6,140
- Aug 5, 2014 6:07am Aug 5, 2014 6:07am
- | Membership Revoked | Joined May 2009 | 1,419 Posts
{quote} No.. the hook that Eitan was talking about in the rules would show up way before of the hook that you are seeing now. The bad hook appears roughly around stoch level 75 or so.. IMO this hook you have is not dangerous.. but Eitan or Vigovski could explain much better of course.. Hope it helps.. P.S: Next time if you have similar situation.. then at least don't wait too long for the 0.004 cross rule.. instead of waiting candle close of 12pm candle, jump in as soon as price goes 2 pips higher than earlier candle.. because then it is more obvious...
Also,speaking with Eitan, anyway, he clarified to me that for "hooking" we mean the touching and rebounding against 85 or 15 hot zones thresholds, WITHOUT penetration of that. If even a little going IN the hot zone, well, it can be considered no hooking (anyway the more stoch penetrates CLEARLY the hot zones, the better, of course
)