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Magic 5 - five pips only

  • #801
  • Jan 8, 2015 3:14pm Jan 8, 2015 3:14pm
[Quote = zahidrock; 7981902] Minha pequena declaração {imagem} [/ quote]



[highlight=rgba(255, 255, 255, 0)]very good congratulations, but you do a lot of business that's against the rules 😀[/highlight]
  • #802
  • Jan 8, 2015 3:22pm Jan 8, 2015 3:22pm
sleep time.

Inserted Video
always draw trendlines
  • #803
  • Jan 8, 2015 8:17pm Jan 8, 2015 8:17pm
A BIG SHOUT OUT /Thank you to tk5!!!

I started trading EU /JP and GP /JP this week, using your strategy...12 winning trades, no losers!!! Unfortunately, I cannot access my mt4 account at work (public school teacher--site is blocked), so I have to rely on my phone's app for trades. I take a quick glance at the 15 minute mark (when I can, without disrupting class), and have taken advantage of the opportunities.

This method of trading is so different than my usual way, fundamental analysis, but it works like a charm!

Thank you so much for my "New Year's gift"--an amazing way to trade forex!
  • #804
  • Jan 9, 2015 4:27am Jan 9, 2015 4:27am
Quoting mrgummo
A BIG SHOUT OUT /Thank you to tk5!!! I started trading EU /JP and GP /JP this week, using your strategy...12 winning trades, no losers!!! Unfortunately, I cannot access my mt4 account at work (public school teacher--site is blocked), so I have to rely on my phone's app for trades. I take a quick glance at the 15 minute mark (when I can, without disrupting class), and have taken advantage of the opportunities. This method of trading is so different than my usual way, fundamental analysis, but it works like a charm! Thank you so much for my "New Year's...
always draw trendlines
  • #805
  • Jan 9, 2015 4:43am Jan 9, 2015 4:43am
TK,

I'm watching NU today for a long. Price stumbled on the round number, touching also the DPP for few hours now. Do you think the bearish trend is over?
  • #806
  • Jan 9, 2015 5:08am Jan 9, 2015 5:08am
Quoting gigicualex
TK, I'm watching NU today for a long. Price stumbled on the round number, touching also the DPP for few hours now. Do you think the bearish trend is over?
for short term it looks like that but only for an hour or so. since theres non-farm news today so, be watchful.
always draw trendlines
  • #807
  • Jan 9, 2015 6:28am Jan 9, 2015 6:28am
Quoting marshalmax
{quote} I do too. You need to find and download an indicator called SHIFT INDICATOR or SHIFT MOVING AVERAGE. It allows you to add any type of moving average and adjust horizontal and vertical locations.

thank you very much!
  • #808
  • Jan 9, 2015 6:29am Jan 9, 2015 6:29am
Quoting tk5
{quote} for short term it looks like that but only for an hour or so. since theres non-farm news today so, be watchful.
Took 12 p sl on that one. I'm on negative this week
  • #809
  • Jan 9, 2015 7:25am Jan 9, 2015 7:25am
Quoting macdh4
[Quote = zahidrock; 7981902] Minha pequena declaração {imagem} [/ quote] very good congratulations, but you do a lot of business that's against the rules 😀
yeah but it also give me good profit..
  • #810
  • Jan 9, 2015 12:14pm Jan 9, 2015 12:14pm
4 E/J sell trades today (5 pips each)--all successful. Loving this system!
  • #811
  • Jan 9, 2015 1:22pm Jan 9, 2015 1:22pm
little offtopic.
on this demo one, I traded today's news
these are all and only trades in 3 days

http://img.ie/images/lejjg.png
always draw trendlines
  • #812
  • Jan 12, 2015 1:11pm Jan 12, 2015 1:11pm
come on guys dont be shy..share your trades and charts
always draw trendlines
  • #813
  • Jan 12, 2015 2:05pm Jan 12, 2015 2:05pm
OK tk5, here's one. Apologies if it's a slight variation on the theme, my time constraints at present mean I only have a window of 7.40am (GMT) to 8.50am (GMT), which isn't too bad because it captures part of the first hour in Europe and almost the first full hour of London.

That said, I am having to use 5m charts to capture any moves, there simply aren't sufficient signals in that small window for 15m.

Here's a loser from today, which I can't seem to find much wrong with even in post analysis, other than perhaps the open of the candle when I pulled the trigger was too close to the 5EMA?

I would be interested to hear your thoughts.
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Getting there, slowly but surely...
  • #814
  • Jan 12, 2015 2:25pm Jan 12, 2015 2:25pm
you forgot your RSI
7.40am (GMT) to 8.50am (GMT) - actually not bad session M15 is fine. if it were m15 you wouldnt enter that trade. besides you can clrearly see it's been coming from bottom and heads up..why sell when you have nice buys. you could see on previous two narrow short sell pullbacks that it's uptrend.
always draw trendlines
  • #815
  • Jan 12, 2015 2:37pm Jan 12, 2015 2:37pm
Hi guys, lots of reading here and this looks great, there are a few versions of the EA which page is the latest one? and is there any set file or are default settings best to try? and which TF do you like best?
  • #816
  • Jan 12, 2015 4:51pm Jan 12, 2015 4:51pm
Quoting shanemort
Hi guys, lots of reading here and this looks great, there are a few versions of the EA which page is the latest one? and is there any set file or are default settings best to try? and which TF do you like best?
Its obvious you haven't read much of this thread when you start asking about the ea.....
  • #817
  • Jan 12, 2015 10:17pm Jan 12, 2015 10:17pm
I am abit confused with the usage of RSI, i know the best condition would be coming from oversold or over bought when we wanna buy or sell. However there are many times RSI may stay at over bought or sold . If this is the case how to we determine if we can enter or not
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is this a setup >? when can we ignore ma200 ?

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  • #818
  • Jan 13, 2015 12:12am Jan 13, 2015 12:12am
edlich, hi, you did not have confirmation to enter short, TK is right , in London session you don't use 5min. chart but 15 , that was just
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small pull-back on up-trend and learn to really read your TDI
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  • #819
  • Jan 13, 2015 12:32am Jan 13, 2015 12:32am
...and one more thing Edlich, you have only half the TDI ....no volatility bands ...no market base line ( it's the gold line in the middle) with out them it's hard to read it.
  • #820
  • Jan 13, 2015 1:27am Jan 13, 2015 1:27am
I must have hit some key twice, up
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above, ..on this screen you have 15 min chart and you can see there is nothing ...no signal .
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