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5 PIPS - Only Five

  • #421
  • Nov 4, 2014 12:41pm Nov 4, 2014 12:41pm
Quoting mwsteiner
{quote} Picture say 1000 words, WE spoons donīt need your Tradehistory, we need charts - wins and fails so we can learn!!!!!! Greetz Michael PS: Thanks all member for showing charts!
Guys dont fight...Showing tradehstory - dont take it as showing off. It actually may inspire others..one thing is you show sth on chart, another thing is you actually took them and turned into profit.
always draw trendlines
  • #422
  • Nov 4, 2014 1:05pm Nov 4, 2014 1:05pm
Quoting santos23
{quote} dee, you only take shorts if the price is below 200EMA and longs if above..is this correct?
The OP says. http://www.forexfactory.com/showthre...61#post7828561
still a bit of a gray area there.

I personally apply quite a bit of discretion to that. But I have been trading using the 200 as a guide for 9 years.
For instance in the chart price is in the bottom left corner having reversed off an S&R level, a long way away from the 200 (white dotted line) I would have traded long upto the next red S&R level quite comfortably, after that price breaks thru the S&R level, pulls back and continues up, a typical 123 continuation pattern. I am trading for 5 pips not 50 so yes I would have continued to trade against the 200. Todays PA was in a range, I love ranges because you know where the top and bottom are, this turned into a rising wedge so I knew when to stop trading. Unfortunately I did not catch the Breakout but Se La Vie there is always the next one.
Attached Image (click to enlarge)
Click to Enlarge Name: EU +5 5pips 041114.png Size: 52 KB
Cut your Losers short and let your Winners run.
  • #423
  • Nov 4, 2014 1:36pm Nov 4, 2014 1:36pm
Hi TK5
Following you since while,
To whom you you apply 5EMA with 2 shift ? Open, close, high, low , HL2, HL3 or HLCC
Thanks for the help
  • #424
  • Edited 3:00pm Nov 4, 2014 2:05pm | Edited 3:00pm
Quoting dee50
{quote} The OP says. http://www.forexfactory.com/showthre...61#post7828561 still a bit of a gray area there. I personally apply quite a bit of discretion to that. But I have been trading using the 200 as a guide for 9 years. For instance in the chart price is in the bottom left corner having reversed off an S&R level, a long way away from the 200 (white dotted line) I would have traded long upto the next red S&R level quite comfortably, after that price breaks thru the S&R level, pulls back and continues up, a typical 123 continuation...







Hi Dee50,
How did you understood that the 3 HA in your pic will close in the right direction?
They can change...but do you wait 1 or 2 HA's cross the ema?
Thanks :-)
Attached Image (click to enlarge)
Click to Enlarge Name: GET THE IDEA.gif Size: 40 KB
  • #425
  • Nov 4, 2014 2:44pm Nov 4, 2014 2:44pm
Quoting Kubiasty
{quote} Moonie, could you share with us Nihilist Roshan Indicator? i cant find anywhere it to download.. please.
No problem Kubiasty.

Attached File(s)
File Type: ex4 Nihilist_Rowshan.ex4   9 KB | 424 downloads
  • #426
  • Nov 4, 2014 2:50pm Nov 4, 2014 2:50pm
Attached Image (click to enlarge)
Click to Enlarge Name: only 5.jpg Size: 289 KB


A perfekt example, right before TP
  • #427
  • Nov 4, 2014 3:05pm Nov 4, 2014 3:05pm
Quoting dee50
{quote} The OP says. http://www.forexfactory.com/showthre...61#post7828561 still a bit of a gray area there. I personally apply quite a bit of discretion to that. But I have been trading using the 200 as a guide for 9 years. For instance in the chart price is in the bottom left corner having reversed off an S&R level, a long way away from the 200 (white dotted line) I would have traded long upto the next red S&R level quite comfortably, after that price breaks thru the S&R level, pulls back and continues up, a typical 123 continuation...
I think the stoch is a great way to know when to get out of bad trades, thanks for tht
YOUR MOTHERS ASS
  • #428
  • Nov 4, 2014 3:47pm Nov 4, 2014 3:47pm
Will this strategy work on Dax30 you Think? Its a lot easier to catch 5 on it, cause the bigger movements..
  • #429
  • Nov 4, 2014 9:46pm Nov 4, 2014 9:46pm
Quoting jakucha
{quote} No. Everything is in this thread. The spoon-feeding needs to stop. More work, less asking.
A thousand times...yes yes yes!!!!!. No one can "teach" you how to trade......we have to learn it ourselves. The basics are all on the first page of this thread. There is a live screen shot sitting in front of you right now....
  • #430
  • Nov 4, 2014 9:53pm Nov 4, 2014 9:53pm
Quoting mwsteiner
{quote} Picture say 1000 words, WE spoons donīt need your Tradehistory, we need charts - wins and fails so we can learn!!!!!! Greetz Michael PS: Thanks all member for showing charts!
The precise time and price entry/exit of of Jakucha`s trades are in the attachment he graciously shared. Just open the chart and look at the history....what he supplies is far better than a scene shot with a bunch of crude arrows drawn on it...
  • #431
  • Nov 5, 2014 2:05am Nov 5, 2014 2:05am
Quoting sardinian
{quote} Hi Dee50, How did you understood that the 3 HA in your pic will close in the right direction? They can change...but do you wait 1 or 2 HA's cross the ema? Thanks :-) {image}


With reference to that chart....
Attached Image (click to enlarge)
Click to Enlarge Name: GET THE IDEA.gif Size: 40 KB
its lottery --->
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy lottery.png Size: 61 KB
  • #432
  • Nov 5, 2014 2:23am Nov 5, 2014 2:23am
Quoting Kubiasty
{quote} With reference to that chart.... {image} its lottery ---> {image}
My guess is That you enter to late.. You should enter immediatly on the open of the second candle after cross of ema.
  • #433
  • Nov 5, 2014 2:23am Nov 5, 2014 2:23am
Quoting Kubiasty
{quote} With reference to that chart.... {image} its lottery ---> {image}
It is not a lottery, just do not enter trades when the shadow of candle is bigger than candle body of that candle that crosses EMA5
  • #434
  • Nov 5, 2014 2:45am Nov 5, 2014 2:45am
Quoting Kubiasty
{quote} With reference to that chart.... {image} its lottery ---> {image}



Yes Kubiasty, I understood (I suppose as you) that entry starts only after the CLOSE of the SECOND HA crossed the EMA.
Because if you open before the close of second HA ...it may shift to the opposite direction. It's logic. We are not God.
And over this setting, in according with other indicators (200EMA, RSI,s&r, pivot's. etc)I tested live (with small size).
I need right explication by TK5, because DEE50 and others mates confuse me.
Anyway I will continue test live (with micro lot)...
  • #435
  • Nov 5, 2014 2:52am Nov 5, 2014 2:52am
Quoting sardinian
{quote} Yes Kubiasty, I understood (I suppose as you) that entry starts only after the CLOSE of the SECOND HA crossed the EMA. Because if you open before the close of second HA ...it may shift to the opposite direction. It's logic. We are not God. And over this setting, in according with other indicators (200EMA, RSI,s&r, pivot's. etc)I tested live (with small size). I need right explication by TK5, because DEE50 and others mates confuse me. Anyway I will continue test live (with micro lot)...
I dont think its at the close of the second candle. You take the candle once its inside the 5ema and a different colour
YOUR MOTHERS ASS
  • #436
  • Nov 5, 2014 3:03am Nov 5, 2014 3:03am
Quoting fxdk
{quote} My guess is That you enter to late.. You should enter immediatly on the open of the second candle after cross of ema.
But when second candle is opening its immediately! It just show all candle, not starting like a japanese candle price action. Its just BANG! and thats it.. its impossible to open before.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy imediately.png Size: 13 KB
  • #437
  • Nov 5, 2014 3:10am Nov 5, 2014 3:10am
Quoting Kubiasty
{quote} But when second candle is opening its immediately! It just show all candle, not starting like a japanese candle price action. Its just BANG! and thats it.. its impossible to open before.{image}
In picture 1, it may have closed red below the ema but the ema is still pointing up. This is not the sign of a reversal, just a pullback, the momentum is still up.
  • #438
  • Edited 3:14am Nov 5, 2014 3:12am | Edited 3:14am
Hi TK5,

Would you be kind enough and give me some advice as to how you would have handled the G/J-M15 imminent trade as per my screen prints, this morning?
(That is the one in the making)

Thanking you in advance.

BTW anyone else wanting to tell me how they traded the pair at this time, is most welcome.
Attached Images
Hercs
  • #439
  • Nov 5, 2014 3:16am Nov 5, 2014 3:16am
Also, have a look at trendline breaks. The 7 pairs I follow plus Dow all gave entries earlier, unfortunately in the middle of the blinkin' night when I was asleep. However, the principle remains sound.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 15 (1).png Size: 96 KB
Click to Enlarge Name: 15 (2).png Size: 101 KB
  • #440
  • Nov 5, 2014 3:45am Nov 5, 2014 3:45am
Quoting Kubiasty
{quote} But when second candle is opening its immediately! It just show all candle, not starting like a japanese candle price action. Its just BANG! and thats it.. its impossible to open before.{image}
its simple! No need to take long trade when trend is up!
always draw trendlines
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