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  • #20,421
  • Dec 23, 2014 11:07am Dec 23, 2014 11:07am
Quoting T@rantula
{quote} RSI is good in its own sense. MACD is lagging, RSI is leading indicator. So,when you trade you need 1 leading and 1 lagging indicator. Price Action is the leading indicator and MACD is lagging. We dont need more then 1 leading and 1 lagging. For the trend to be set , it first needs to be captured. That is what MACD does. On the top of all that, its also a momentum gauge.
Thanks for the quick response and everything that you're doing man.....I first discovered you via red's thread , not so long ago...ATM , i'm good at spotting clusters of supply , demand , drawing my trend lines (even though it can be very subjective at times , but after hours and hours of screen time you get used to it). I have yet to trade on a real account (i'd like to open a 25 or 30k account) , but it's absolutely out of the question if i'm not profitable on a demo first. As of now , i'm more profitable than a "breakeven" trader....It's a slow process , but i'm getting there.. I'm still working on my risk management , trying to minimize my risk with MTF...etc...

I'm more of a lurker , but i just wanted to say , you're a great teacher... I have yet to trade your way , but after watching a bunch of your webinars , i'm going to also implement your approach to trading... (camarilla pivots + MACD divergence)....

I don't have any of those indicators though.

I"m going to install what you posted here
http://www.forexfactory.com/showthre...65#post7959665
(hope it's compatible with mt4 build 670)...

As for the MACD....guess i'll have to google for it

Anyway , keep up the good work.
  • #20,422
  • Dec 24, 2014 2:07am Dec 24, 2014 2:07am
Quoting T@rantula
{quote} RSI is good in its own sense. MACD is lagging, RSI is leading indicator. So,when you trade you need 1 leading and 1 lagging indicator. Price Action is the leading indicator and MACD is lagging. We dont need more then 1 leading and 1 lagging. For the trend to be set , it first needs to be captured. That is what MACD does. On the top of all that, its also a momentum gauge.
i´m trying to repair my mistakes .
macd i wase not using but now after read the book gerald appel it is realy good .
i think it is very complete .
question T you dont have any videos on macd wy not make one .
olsow were can i find a book or site whit the pattern there are several that you show in your analises that i have nener hear about .
once more thanks for all free stuf have a nive christmas good e 2015
Scalping
  • #20,423
  • Dec 24, 2014 7:10am Dec 24, 2014 7:10am
Quoting onoff
{quote} Thanks for the quick response and everything that you're doing man.....I Anyway , keep up the good work.
Thanks for the comments !! Will keep it up!!

Quoting guguxpto
{quote} i´m trying to repair my mistakes . macd i wase not using but now after read the book gerald appel it is realy good . i think it is very complete . question T you dont have any videos on macd wy not make one . olsow were can i find a book or site whit the pattern there are several that you show in your analises that i have nener hear about . once more thanks for all free stuf have a nive christmas good e 2015
Thank you very much. If anything happens ill let you know
  • #20,424
  • Dec 24, 2014 10:50am Dec 24, 2014 10:50am
i wish merry christmas to all people who are celebrating! May your life be filled with joy and happiness. Many green pips and trade safe!

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  • #20,425
  • Dec 24, 2014 10:51am Dec 24, 2014 10:51am
Quoting T@rantula
i wish merry christmas to all people who are celebrating! May your life be filled with joy and happiness. Many green pips and trade safe! {image}
Merry Christmas chief
  • #20,426
  • Dec 24, 2014 11:05am Dec 24, 2014 11:05am
Quoting T@rantula
i wish merry christmas to all people who are celebrating! May your life be filled with joy and happiness. Many green pips and trade safe! {image}
Thanks ! Same to you...
Merry Christmas everyone !
  • #20,427
  • Dec 25, 2014 4:20am Dec 25, 2014 4:20am
Quoting T@rantula
i wish merry christmas to all people who are celebrating! May your life be filled with joy and happiness. Many green pips and trade safe! {image}
just arrive 24 at 13h still time celebrate whit famaly
Merry Christmas everyone
Scalping
  • #20,428
  • Dec 29, 2014 3:20am Dec 29, 2014 3:20am
For all of you who still trade prior to NY, pay attention to EURUSD. Might be a retracement to 2260.
  • #20,429
  • Dec 29, 2014 4:15am Dec 29, 2014 4:15am
Quoting T@rantula
For all of you who still trade prior to NY, pay attention to EURUSD. Might be a retracement to 2260.
Thanks T. what about GBPUSD, do you think your last analysis still holds ? you never mentioned the SL for it

thanks & happy new year
  • #20,430
  • Dec 29, 2014 4:39am Dec 29, 2014 4:39am
Quoting EternalNewB
{quote} Thanks T. what about GBPUSD, do you think your last analysis still holds ? you never mentioned the SL for it thanks & happy new year
Hey, Happy NY to you too!

We had 5-6 rejections off the zone. The profit should have been taken. Stops should have been placed around 5580.
  • #20,431
  • Dec 29, 2014 7:19am Dec 29, 2014 7:19am
Quoting T@rantula
{quote} Hey, Happy NY to you too! We had 5-6 rejections off the zone. The profit should have been taken. Stops should have been placed around 5580.
Thanks again for your reply and the wonderful thread...

How tight do you usually trail your SL ?

Cheers
  • #20,432
  • Dec 29, 2014 8:05am Dec 29, 2014 8:05am
Quoting EternalNewB
{quote} Thanks again for your reply and the wonderful thread... How tight do you usually trail your SL ? Cheers
It depends. Usually after 15-20 pips, depending of momentum. Thanks for comments
  • #20,433
  • Edited 9:02am Dec 29, 2014 8:42am | Edited 9:02am
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working my entryes i think this will go to 0,9155 price betwin 23 end 50 fibo lines rectangulo going up 1d and 4h macd looks good going up pofit and using heiken ashi to trail stop what do you see on this T ?
Scalping
  • #20,434
  • Dec 29, 2014 11:06pm Dec 29, 2014 11:06pm
Hi T,

Wanted to sell EU yesterday at 2249.But price dint retrace. I am cautious and dnt want to jump bcos I dnt know there will be any profit taking of big money.
Do you expect anything same?
  • #20,435
  • Dec 29, 2014 11:52pm Dec 29, 2014 11:52pm
Quoting kalyan
Hi T, Wanted to sell EU yesterday at 2249.But price dint retrace. I am cautious and dnt want to jump bcos I dnt know there will be any profit taking of big money. Do you expect anything same?
i think T still on bullish view
  • #20,436
  • Dec 30, 2014 3:23am Dec 30, 2014 3:23am
Quoting kalyan
Hi T, Wanted to sell EU yesterday at 2249.But price dint retrace. I am cautious and dnt want to jump bcos I dnt know there will be any profit taking of big money. Do you expect anything same?
Quoting moshnjack
{quote} i think T still on bullish view
Hi guys. I took a breakout 2160 > 2145 only. H4 close above 2180 is needed to resume potential bullish retracement.
  • #20,437
  • Dec 30, 2014 3:48am Dec 30, 2014 3:48am
If EuroUSD doesn't rebound and SNB will defend the peg And the Greek Rightwingparty can push USDCHF above the parity level.
http://www.traderplaza.nl/currencies.html
  • #20,438
  • Dec 30, 2014 7:00am Dec 30, 2014 7:00am
Quoting c49
If EuroUSD doesn't rebound and SNB will defend the peg And the Greek Rightwingparty can push USDCHF above the parity level. http://www.traderplaza.nl/currencies.html
Yes, that could happen, still its time to relax now at the moment and enjoy the holidays
  • #20,439
  • Dec 30, 2014 7:31am Dec 30, 2014 7:31am
Quoting T@rantula
{quote} Yes, that could happen, still its time to relax now at the moment and enjoy the holidays
Just preparing for the newyear
USDCAD in strong uptrend , now forming a flag/triangel , normally a continuation pattern.
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  • #20,440
  • Dec 30, 2014 7:38am Dec 30, 2014 7:38am
Quoting guguxpto
{image}{image} working my entryes i think this will go to 0,9155 price betwin 23 end 50 fibo lines rectangulo going up 1d and 4h macd looks good going up pofit and using heiken ashi to trail stop what do you see on this T ?
9020 to 9069 49 pibs stop by heikin ashi candle .
Scalping
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