Islander and Medici trade the European open | Page 251 | Forex Factory

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Islander and Medici trade the European open

  • #5,001
  • Oct 6, 2014 2:43am Oct 6, 2014 2:43am
GM - as Friday was a holiday in Germany, the SDX-TzPivots indy cannot do its calculations and thus draws a load of useless, very close levels!

I use this to calculate the Daily Pivots - saves me finding my old calculator!


http://www.pivotpointcalculator.com/
Trading Levels with WRBs
  • #5,002
  • Oct 9, 2014 11:06am Oct 9, 2014 11:06am
KISS with the Dow......

PS the coloured arrows are from the ASCAlert indy found in the Genesis thread - saves a lot of screen watching
Attached Image (click to enlarge)
Click to Enlarge Name: oct9 dow 1m 1600.png Size: 48 KB
Trading Levels with WRBs
  • #5,003
  • Oct 10, 2014 3:46am Oct 10, 2014 3:46am
This morning's action in the Dax.....little fakes upwards - the warning was in the high volumed doji's, then loads of nasy small red candles before the fast drop to test yesterday's low in another HV candle - this time a green hammer......
Attached Image (click to enlarge)
Click to Enlarge Name: oct10 dax 1m 0828 gmt.png Size: 33 KB
Trading Levels with WRBs
  • #5,004
  • Edited 7:18am Oct 15, 2014 7:05am | Edited 7:18am
I have been asked about the larger green and magenta arrows that are often on my 1m charts. As mentioned in my post above, they are generated by the ASCTrend Alert indicator that was developed by Xaphod for RJ's Genesis thread.

Increasing the "risk" setting will reduce the numer of signals.......I prefer to use my slower MA and only take those that are in the direction of its slope

http://www.forexfactory.com/showthread.php?t=381999

The three other "non solid" arrows marked with x were some actual trades from earlier
Attached Image (click to enlarge)
Click to Enlarge Name: oct15 dax 1m 1152.png Size: 60 KB
Attached File(s)
File Type: ex4 ASCTrend1i-Alert.ex4   7 KB | 299 downloads
Trading Levels with WRBs
  • #5,005
  • Oct 15, 2014 7:25am Oct 15, 2014 7:25am
a pre US data scalp.....
Attached Image (click to enlarge)
Click to Enlarge Name: oct15 dax 1m 1221 gmt.png Size: 24 KB
Trading Levels with WRBs
  • #5,006
  • Oct 15, 2014 7:40am Oct 15, 2014 7:40am
Many thanks Islander - you should create and Indi which tells us which trades you will take (lol) !
  • #5,007
  • Oct 15, 2014 7:44am Oct 15, 2014 7:44am
and another.....the weak US Sales data confirmed the signal, so sell asap and exit at the lower channel line
Attached Image (click to enlarge)
Click to Enlarge Name: oct15 dax 1m 1242.png Size: 30 KB
Trading Levels with WRBs
  • #5,008
  • Oct 15, 2014 8:22am Oct 15, 2014 8:22am
Quoting cove
Many thanks Islander - you should create and Indi which tells us which trades you will take (lol) !
well if you read my old posts - go back say 3 months - put your curser around my name and my " number of posts" now 8,715 will be shown. Click on that number and you'll find them and in those I tell what I am doing etc......then its up to you to start "seeing" those trades in real time.......

Good luck!
Trading Levels with WRBs
  • #5,009
  • Oct 15, 2014 12:15pm Oct 15, 2014 12:15pm
As posted in the dax thread. The second trade which would have been my 'set and forget' trade before leaving home was stopped out for (-11) - Before of course turning only half of one pip later to continue the direction I wanted it too which would have resulted in a +320 pip trade on my return......

PCD (Pip Catcher's Depression!!!)

Doc.
Attached Image (click to enlarge)
Click to Enlarge Name: de301510142b.png Size: 75 KB
  • #5,010
  • Oct 16, 2014 1:02am Oct 16, 2014 1:02am
Quoting Islander
{quote} well if you read my old posts - go back say 3 months - put your curser around my name and my " number of posts" now 8,715 will be shown. Click on that number and you'll find them and in those I tell what I am doing etc......then its up to you to start "seeing" those trades in real time....... Good luck!
Thanks for taking the time to help.

I have been trying to find two of your other indicators without success:
- MA - colour change blue/pink for long/short
- Channels - which indicator do you use (eg for the Dax scalp target of "lower channel" ydy)?

Also - you mentioned in the Dax thread that when you scalp you use SL -10 /-5 / +1 - at what point do you make those SL adjustments ?

Thanks again
  • #5,011
  • Edited 2:06am Oct 16, 2014 1:55am | Edited 2:06am
Quoting cove
{quote} Thanks for taking the time to help. I have been trying to find two of your other indicators without success: - MA - colour change blue/pink for long/short - Channels - which indicator do you use (eg for the Dax scalp target of "lower channel" ydy)? Also - you mentioned in the Dax thread that when you scalp you use SL -10 /-5 / +1 - at what point do you make those SL adjustments ? Thanks again
You're welcome.

I use the AllAverages for colour changing MAs - it has 15!

To add bands to one of the "standard" MAs (the 4 that are in the top tool bar's green +) set the Style (colour) to None and then go to levels, add and set them to the widths that you wish to add and set the style (colour) and lines as you require.

I start moving my stop at ~+5 and get to +1 as soon as I have ~+10
Attached File(s)
File Type: ex4 AllAverages_v2.1 cc.ex4   21 KB | 302 downloads
Trading Levels with WRBs
  • #5,012
  • Oct 16, 2014 5:22am Oct 16, 2014 5:22am
Quoting Islander
{quote} You're welcome. I use the AllAverages for colour changing MAs - it has 15! To add bands to one of the "standard" MAs (the 4 that are in the top tool bar's green +) set the Style (colour) to None and then go to levels, add and set them to the widths that you wish to add and set the style (colour) and lines as you require. I start moving my stop at ~+5 and get to +1 as soon as I have ~+10 {file}
Again - many thanks - v helpful again!
- btw, what MA Period (Input) Value do you tend to use on your M1 charts? (My standard is set at 14)
  • #5,013
  • Oct 19, 2014 4:54am Oct 19, 2014 4:54am
Quoting cove
{quote} Again - many thanks - v helpful again! - btw, what MA Period (Input) Value do you tend to use on your M1 charts? (My standard is set at 14)

look at my chart above in post # 5004 and you will find that info
Trading Levels with WRBs
  • #5,014
  • Oct 29, 2014 6:49am Oct 29, 2014 6:49am
Looks like the 89 MAs on the Dow / S&P are starting to roll over.....pop another Patience Pill ....6 hours till FOMC....
Attached Image (click to enlarge)
Click to Enlarge Name: oct29 15m multi.png Size: 101 KB
Trading Levels with WRBs
  • #5,015
  • Edited 4:37am Oct 30, 2014 3:58am | Edited 4:37am
Looking for longer trades.....target 9300 - 9330....as long as price remains around the green GA TL those levels will be achieved later today....

Initial buy as yesterday's close held, took partials and bought the pull back......

Edit: Two LH's and my tightened SLs were hit for profits as price broke that TL.....

Edit: poor German State CPI data started coming out, switched to shorts....watch yesterday's low.....
Attached Image (click to enlarge)
Click to Enlarge Name: oct30 dax 5m 0849.png Size: 51 KB
Trading Levels with WRBs
  • #5,016
  • Oct 31, 2014 2:57am Oct 31, 2014 2:57am
Quoting Islander
Looking for longer trades.....target 9300 - 9330....as long as price remains around the green GA TL those levels will be achieved later today.... Initial buy as yesterday's close held, took partials and bought the pull back...... Edit: Two LH's and my tightened SLs were hit for profits as price broke that TL..... Edit: poor German State CPI data started coming out, switched to shorts....watch yesterday's low..... {image}
LOL - a few hours late and thanks to a big kick up the butt from Gov. Kuroda and that was hit. The Dow and S&P hit similar fib expn targets - the difference is that they are making new all time highs, whilst Dax is ~ its 61% retracement of its last fall.....all three made their highs ~their R 2 levels
Trading Levels with WRBs
  • #5,017
  • Nov 3, 2014 2:46am Nov 3, 2014 2:46am
GM - a nice start to the week, now waiting for the next signal.....will there be a LH?? ......TWT.....NB data due soon......
Attached Image (click to enlarge)
Click to Enlarge Name: nov3 dax 5m 0842.png Size: 44 KB
Trading Levels with WRBs
  • #5,018
  • Edited 2:10am Nov 17, 2014 1:54am | Edited 2:10am
GM - faded the gap - 60 open and the next buy off the **75 was +3.5. Sold when the **75 broke and reversed to buy off the S2 / **25 confluence for a few more.....now coffee before XO...

Edit: 08:59 closed last buy +20 at **50 / MS2 confluence

Edit: 09:02 buy again - rinse & repeat..... hit the BRN.....
Attached Image (click to enlarge)
Click to Enlarge Name: nov17 d 1m 0750.png Size: 21 KB
Trading Levels with WRBs
  • #5,019
  • Nov 17, 2014 2:15pm Nov 17, 2014 2:15pm
Quoting Islander
GM - faded the gap - 60 open and the next buy off the **75 was +3.5. Sold when the **75 broke and reversed to buy off the S2 / **25 confluence for a few more.....now coffee before XO... Edit: 08:59 closed last buy +20 at **50 / MS2 confluence Edit: 09:02 buy again - rinse & repeat..... hit the BRN..... {image}
Identical action to last week , in fact - a pattern that repeats quite regularly, perhaps a piece of the holy grail.
  • #5,020
  • Nov 18, 2014 1:34am Nov 18, 2014 1:34am
Quoting Dr.Scalpall
{quote} Identical action to last week , in fact - a pattern that repeats quite regularly, perhaps a piece of the holy grail.
On that basis - today I look for a turn between 8-9 at perhaps r1 or xx75/BRN, south all day for a reversal mid afternoon. TWT.
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