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  • #46,001
  • Dec 8, 2014 9:32am Dec 8, 2014 9:32am
Hi all

When I look at chart on a lower tf 1min - the price sits above 200ma and below the 20ma what takes priority and does this only happen on short tf??

thanks - anyone help me put both 200ma and 20ma on my chart as cant add both at the same time?
  • #46,002
  • Dec 8, 2014 9:44am Dec 8, 2014 9:44am
Quoting twellve
Hi all When I look at chart on a lower tf 1min - the price sits above 200ma and below the 20ma what takes priority and does this only happen on short tf?? thanks - anyone help me put both 200ma and 20ma on my chart as cant add both at the same time?
Hi, just go to your 'moving average indicator and select 200 ema. colour choice, line thickness etc then click 'OK' Then use the same indicator and change the settings to the 20 ema etc then click ok...both should appear on your charts. To delete a moving average - right click the MA line on the chart and select 'delete'.

hope this helps

Ray
  • #46,003
  • Edited 10:16am Dec 8, 2014 9:54am | Edited 10:16am
oil running...
PT filled
Attached Image (click to enlarge)
Click to Enlarge Name: oil H1 M15 M5 short Mon 8.12.14 @5.51a est in progress.png Size: 129 KB
Appreciation is the key to wealth and happiness
  • #46,004
  • Dec 8, 2014 9:59am Dec 8, 2014 9:59am
EU H4 div (entry on tdi crossed H1)
Attached Image (click to enlarge)
Click to Enlarge Name: EU H1 h4 buy Mon 8.12.14 in progress.png Size: 92 KB
Appreciation is the key to wealth and happiness
  • #46,005
  • Dec 8, 2014 10:01am Dec 8, 2014 10:01am
Quoting fxray
{quote} Hi, just go to your 'moving average indicator and select 200 ema. colour choice, line thickness etc then click 'OK' Then use the same indicator and change the settings to the 20 ema etc then click ok...both should appear on your charts. To delete a moving average - right click the MA line on the chart and select 'delete'. hope this helps Ray

thanks fxray

Im trying to do that but the 20ma doesnt look the same if I add it to the 200ma as secondry line

First chart I added 20ma to the levels tab and second chart I changed the MA to 20 on parameters - I want both thick yellow lines on one chart if thats possible
Attached Image(s) (click to enlarge)
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  • #46,006
  • Dec 8, 2014 10:09am Dec 8, 2014 10:09am
Quoting twellve
{quote} thanks fxray Im trying to do that but the 20ma doesnt look the same if I add it to the 200ma as secondry line First chart I added 20ma to the levels tab and second chart I changed the MA to 20 on parameters - I want both thick yellow lines on one chart if thats possible {image} {image}
Try setting up your MA's in 'Custom Moving Averages' see if that fixes it....

Ray
  • #46,007
  • Dec 8, 2014 10:12am Dec 8, 2014 10:12am
Quoting twellve
{quote} thanks fxray Im trying to do that but the 20ma doesnt look the same if I add it to the 200ma as secondry line First chart I added 20ma to the levels tab and second chart I changed the MA to 20 on parameters - I want both thick yellow lines on one chart if thats possible {image} {image}
Hi Twellve,

Leave levels tab blank (do not add anything), from parameters tab change period to 200 or 20 or whatever you like
Appreciation is the key to wealth and happiness
  • #46,008
  • Dec 8, 2014 10:21am Dec 8, 2014 10:21am
Thanks Likica - I want both of the lines at the same time if possible?

THanks Ray - how do I see custom moving average? is it a tab?
  • #46,009
  • Dec 8, 2014 10:23am Dec 8, 2014 10:23am
Quoting twellve
Thanks Likica - I want both of the lines at the same time if possible? THanks Ray - how do I see custom moving average? is it a tab?
yes you can, just attach EMA to your chart 2 times, one for 200 and next one for 20, you only change period and style (color) from parameter tab.
If you are still not sure, the best way to see is youtube that where I learnt how to deal with mt4 things
Appreciation is the key to wealth and happiness
  • #46,010
  • Dec 8, 2014 10:31am Dec 8, 2014 10:31am
Quoting twellve
Thanks Likica - I want both of the lines at the same time if possible? THanks Ray - how do I see custom moving average? is it a tab?
Custom MA's are in my indicator list. Standard part of my MT4 from Alpari. Either indi achieves the same result. Think likica has answered better than me
  • #46,011
  • Dec 8, 2014 11:00am Dec 8, 2014 11:00am
M15 trading can be a b#@!$

Took -19 earlier after trying to enter on what appeared to be a pullback but actually was bear weakness (too blind to notice H4 closing above support), so I re-entered long... entry is at the dotted line tp is 50 pips higher, I sat through the mess/drawdown, mainly because H1 never changed to red, when I saw bullish divergence on stoch I had all the more reason to be patient. I locked breakeven earlier because it's almost london close time and I wish to relax a little...

I really hope it doesn't turn on me at this point, price keeps making HH's...
Attached Image (click to enlarge)
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  • #46,012
  • Dec 8, 2014 11:05am Dec 8, 2014 11:05am
Quoting fxray
{quote} Custom MA's are in my indicator list. Standard part of my MT4 from Alpari. Either indi achieves the same result. Think likica has answered better than me

Ig has one too and guess what Its looking great - thanks both
  • #46,013
  • Dec 8, 2014 11:16am Dec 8, 2014 11:16am
Quoting toledoFX
{quote} {quote} Well done, guys!
I see you took an identical trade Toledo. Good job!
Focus on the process and the profits will follow
  • #46,014
  • Dec 8, 2014 11:24am Dec 8, 2014 11:24am
Second trade for today. Any comments please?
Attached Image (click to enlarge)
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  • #46,015
  • Dec 8, 2014 11:32am Dec 8, 2014 11:32am
Quoting WDays
M15 trading can be a b#@!$ Took -19 earlier after trying to enter on what appeared to be a pullback but actually was bear weakness (too blind to notice H4 closing above support), so I re-entered long... entry is at the dotted line tp is 50 pips higher, I sat through the mess/drawdown, mainly because H1 never changed to red, when I saw bullish divergence on stoch I had all the more reason to be patient. I locked breakeven earlier because it's almost london close time and I wish to relax a little... I really hope it doesn't turn on me at this point,...
I got filled for +51.5, meaning I'm up +32.5 for the day... not too bad

Quoting jstmzplsz
Second trade for today. Any comments please? {image}
Same entry
Attached Image (click to enlarge)
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  • #46,016
  • Dec 8, 2014 11:57am Dec 8, 2014 11:57am
Quoting snarlyjack
Klausdax, Oh...I think your talking about the tp1, tp2, tp3 & stop loss indicator. I have not purchased their system so I do not have the indicator. But Emmanuel has a indicator in the paperclip (script) that will give you the take profit levels. You will need to go to the paper clip & search for it. Or maybe someone can post it for you. Sorry, I do not have the indicator. sj
I also saw the videos .. ( klausdax is my neighbor ) and Iīm also intrested in this indicator .
do you know what name it is ??


Or how does it calculate the lines /distance ?
I viewed the staple/ the attached files.. but there are many houndred of files.. no idea for wht to look for .

I saw in atotally different thread a " halfautomated" system , that also calculated fix SLīs and TPīs ..
.. Still works nice with me ... but i have no idea how it calculates this distance.
Iīm sure this " range calculation " could also help my TMS to have better targets , because I miss my TPīs often .. still not consistent with them .
Guido
Risiko birgt immer auch die Chance.
  • #46,017
  • Dec 8, 2014 12:01pm Dec 8, 2014 12:01pm
Quoting snarlyjack
Mark up, If you take a look at this video, Daryl Guppy talks about the count back line. (Taking profits in todays markets). It's kinda a long video, 45 minutes, but very interesting. sj http://forexscalping101.blogspot.com...MA%20-%20Guppy

SJ you seem to answer everyones questions over and over and so polite - thanks so much you and the guys here are amazing
  • #46,018
  • Dec 8, 2014 12:07pm Dec 8, 2014 12:07pm
Quoting Greenb
2 trades GA and AJ both SL at BE+a tiny bit. AJ targetting the bottom range, so about 50 pips, GA i'm a bit ambitious, looking for 100pips, but this all depends on how they close in 1h5mins Yes Ga is really close to 68 TDI, but it's often at this time when they move the most. and since i go with the trend, i analyze that my risk is small-er, considering there is no news coming out soon and last Friday bullish movement. AJ on the other hand, i just go with momentum (how big that setup candle is). Add in to the correlation of AU in which AU is continuing...

Trade update on this.

1. GA, closed at +1 pips due to SL. sometimes i really hate this G crosses =.= if only it didnt pullback as bad as it did, would be 80pips in profit, 20 less than original tp
2. AJ, closed at tp for 50 pips even though i almost didn't think it would made it this time.
3 +1 more trade GU taken at LO+2 for 40 pips, got out in exactly LO+6
total pips for the day = 91pips

hope you guys have awesome day. see you guys for the next trading session.


Greenb

p.s Likica, i totally understand when sometimes winning is just not such a happy occasion
Attached Image (click to enlarge)
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Daniel
  • #46,019
  • Dec 8, 2014 12:14pm Dec 8, 2014 12:14pm
Quoting snarlyjack
Here is another example of a trade that I'm watching. It's not ready yet, but soon... (Waiting for the Tdi to signal). Look at the daily trend. Then look at the hour chart. Price is retracing into the guppy's... (retrace, stall, move down)... {image} {image}
SJ,
i'm just wondering if you are trading the 4h TF or daily TF?
If you are trading 4htf, do you take cross/continuation that happens anytime after NY lunch time to say 6hours before LO?
i'm quite curious

thanks,

Greenb
Daniel
  • #46,020
  • Dec 8, 2014 12:22pm Dec 8, 2014 12:22pm
Quoting jstmzplsz
Second trade for today. Any comments please? {image}
Looks like this trade is moving very well.

You're trading with the trend (away from the 200ema) and it now looks as if price is breaking the previous highs from the Frankfurt candle.

Personally, I would not have taken this trade as to do so would be to assume that the London Open candle did not set the high or low for the session. As Phx62 taught us, many times, the LO candle sets the high or low for the London session and then price trends away from it for the remainder of the session. As I said, this happens most of the time... clearly today is an exception.

Also, I find the New York session can be quite choppy. Seems this was the case to begin with but now price is really moving well, however, be wary that trading volume will be decreasing as we near NY close.

Best of luck!
Focus on the process and the profits will follow
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