Disliked{quote} Hi Ridu07, There is nothing wrong with this trade. But again the best place to take this trade was "after the close of very long green candle"... so what changes? One important thing changes: your Take Profit target. If you would enter as soon as the very long green candle closed you could put your target 25 pips higher than your entry price. Now.... since you (and I did too) entered after close of 2 following candles it means now we can not put our take profit level 25 pips higher than our entry. Do you get the idea? Calculate your target...Ignored
- #6,201
- Aug 5, 2014 12:35pm Aug 5, 2014 12:35pm
- | Additional Username | Joined Jan 2012 | 1,055 Posts
- #6,202
- Aug 5, 2014 12:42pm Aug 5, 2014 12:42pm
- Joined May 2014 | Status: Full Time Trader | 27,160 Posts
{quote} I just wait for clear signal ata.... I can enter 2 candle before but my trend indicator was not in good shape.... i prefer to enter with clear signal not like to repeat same issue with NJ.... Eitan include this new indicator for more accurate signal after hit sl with NJ pair on news release.... I hope u remember....
Happy Trades
Focus only on what truly matters!
- #6,203
- Aug 5, 2014 12:46pm Aug 5, 2014 12:46pm
- | Membership Revoked | Joined Jun 2011 | 4,778 Posts
{quote} I remeber yes.. its okay then.. of course suite yourself..
how is the DAX trading with mts?
when GOD brings you a challenge he also gives you the power to deal with it
- #6,204
- Aug 5, 2014 12:54pm Aug 5, 2014 12:54pm
- Joined May 2014 | Status: Full Time Trader | 27,160 Posts
{quote} whats up ata? how is the DAX trading with mts?
Happy Trades
Focus only on what truly matters!
- #6,205
- Aug 5, 2014 1:30pm Aug 5, 2014 1:30pm
- | Membership Revoked | Joined Jun 2011 | 4,778 Posts
{quote} Hi Eitan.. Dax is working so well with MTS.. my last trade was 25.07.2014, I shortened at 9637 after long candle close and it first scared me a bit but then it fell and fell and kept going with pulling my stop loss down.. I was stopped at 9257.. it was a huge profit of 380 points.. (my lot size was 0.2 -> 7 dollars for each point) so the gain was awesome bro.. many many thanks.. and I am still on the watch as you can guess..
great brother!
happy pips!
when GOD brings you a challenge he also gives you the power to deal with it
- #6,206
- Aug 5, 2014 1:37pm Aug 5, 2014 1:37pm
- | Membership Revoked | Joined Jun 2011 | 4,778 Posts
when GOD brings you a challenge he also gives you the power to deal with it
{quote} As per MTS rules: entered too early. Stoch has to penetrate the 85 zone, not just the 75 zone. I wish anyway that it will turn out profitable for you
I've doube checked and my aim is just to have it clear: the rule was:
Mts Basic Long entry rules : ( Some times you can take trades agains yellow dots but this situation very very rare , Have a look at trick screen blow)
1- Stoch must be above 80 area (came from 25 area to 80 area)
I've read almost all the post but maybe I miss 1. Is the rule 80 or 85 right now?
Thank you very much again!
Very best regards.
- #6,208
- Aug 5, 2014 1:56pm Aug 5, 2014 1:56pm
{quote} Hey guys, all playing on the razor edge here uh! (Ma just lined up a sec before your entering)Today all trade a bit tricky i feel,since now...there was always something not perfectly lined up or lined up one sec before,let's say.
And that's why I posted after my TP got hit. Nice clean and fast trade. Once again, thanks Eitan.
Green pips to you bud
- #6,211
- Aug 5, 2014 4:12pm Aug 5, 2014 4:12pm
- | Membership Revoked | Joined May 2009 | 1,419 Posts
{quote} Cariddi, thank you very much for your post, I've doube checked and my aim is just to have it clear: the rule was: Mts Basic Long entry rules : ( Some times you can take trades agains yellow dots but this situation very very rare , Have a look at trick screen blow) 1- Stoch must be above 80 area (came from 25 area to 80 area) I've read almost all the post but maybe I miss 1. Is the rule 80 or 85 right now? Thank you very much again! Very best regards.
- #6,212
- Aug 5, 2014 4:12pm Aug 5, 2014 4:12pm
- | Membership Revoked | Joined May 2009 | 1,419 Posts
{quote} MAs weren't lined up perfectly I admit but they were aligned, and the way I trade this method is when the trend is clearly defined. If you know how to define a trend (which I believe you do without the help of MAs) then you can try it yourself. And that's why I posted after my TP got hit. Nice clean and fast trade. Once again, thanks Eitan. Green pips to you bud
- #6,214
- Aug 6, 2014 1:47am Aug 6, 2014 1:47am
- Joined May 2014 | Status: Full Time Trader | 27,160 Posts
EURCHF MD2, I'm in. Regards {image}
Just a little request: pls let us know earlier.. I guess preparing the chart takes some time, so next time I would kindly ask you to share your action just with text first and later you can add the chart anyway..
Many Thanks
Focus only on what truly matters!
- #6,216
- Aug 6, 2014 5:07am Aug 6, 2014 5:07am
- | Membership Revoked | Joined May 2009 | 1,419 Posts
Good one Arso!
Ridu, you like always playing with the rules..using stoch by itself is just dangerous! Anyway..IMHO,it's important that you are just conscious of that .
Happy trading folks
Ridu, you like always playing with the rules..using stoch by itself is just dangerous! Anyway..IMHO,it's important that you are just conscious of that .
Happy trading folks
- #6,217
- Aug 6, 2014 5:46am Aug 6, 2014 5:46am
- | Membership Revoked | Joined May 2009 | 1,419 Posts
Heads up EU/AUD MTS short in 15 min.
Best entry was yesterday, but if in 15 min, all remains the same as per now, well room to drop for this one
Best entry was yesterday, but if in 15 min, all remains the same as per now, well room to drop for this one
- #6,218
- Aug 6, 2014 5:58am Aug 6, 2014 5:58am
- | Membership Revoked | Joined May 2009 | 1,419 Posts
EU/AUD short, already confirmed by the previous candle (yellow line today, or even better,blu line, yesterday).
Stoch made a little zig zag, but as per Eitan last consideration about stoch (in essence: zigzaging also even going outside hot zone, not so important), this is a good one.
Also the Ma's are not super perfect (at the limit), but hey, i took it ,even if a candle in late..cause IMHO it has room to drop
P.S.
Also being late in the first entry i have not waited the close of this candle.
Stoch made a little zig zag, but as per Eitan last consideration about stoch (in essence: zigzaging also even going outside hot zone, not so important), this is a good one.
Also the Ma's are not super perfect (at the limit), but hey, i took it ,even if a candle in late..cause IMHO it has room to drop
P.S.
Also being late in the first entry i have not waited the close of this candle.
- #6,220
- Aug 6, 2014 6:05am Aug 6, 2014 6:05am
- | Membership Revoked | Joined May 2009 | 1,419 Posts
Hi cariddi74, Did you took the short on euruaud brother?