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Pip Farming

  • #81
  • Jan 21, 2015 10:03am Jan 21, 2015 10:03am
Quoting turnip15
{quote} The Pin Tail (circled in green) is that a Fractal?
No turnip...that is a DBHLC...not a fractal
Plan, Prepare, Execute, Repeat
  • #82
  • Jan 21, 2015 11:33am Jan 21, 2015 11:33am
Quoting swingtrade65
{quote} Very Nice zamboni...make sure and protect a good chunk of those profit pips
thank you swingtrade65 , I took the half and moved to BE ....I missed to add on the next fractal though ...I will try to practice the MM from now on
  • #83
  • Jan 21, 2015 11:38am Jan 21, 2015 11:38am
Quoting turnip15
{quote} The Pin Tail (circled in green) is that a Fractal?
which one you mean ??? post nr.75 ?
  • #84
  • Jan 21, 2015 1:00pm Jan 21, 2015 1:00pm
Quoting zamboni
{quote} which one you mean ??? post nr.75 ?
Post 75.... Pin Bar part of DBHLC ? Where is the other bar making up the dbhlc ?
every Saint has a past. Every Sinner has a Future
  • #85
  • Jan 21, 2015 3:01pm Jan 21, 2015 3:01pm
Quoting turnip15
{quote} Post 75.... Pin Bar part of DBHLC ? Where is the other bar making up the dbhlc ?
I guess swingtrade65 was talking about the other chart ...that should be a fractal
  • #86
  • Jan 21, 2015 9:33pm Jan 21, 2015 9:33pm
Quoting turnip15
{quote} Post 75.... Pin Bar part of DBHLC ? Where is the other bar making up the dbhlc ?
Turnip,
Sorry, I was talking about the next chart. Yes, the pin bar in post 75 is a fractal.
Plan, Prepare, Execute, Repeat
  • #87
  • Jan 22, 2015 4:31am Jan 22, 2015 4:31am
Quoting swingtrade65
{quote} Turnip, Sorry, I was talking about the next chart. Yes, the pin bar in post 75 is a fractal.
Thats fine -no probs. I'm enjoying the thread.
every Saint has a past. Every Sinner has a Future
  • #88
  • Jan 22, 2015 4:47am Jan 22, 2015 4:47am
Quoting turnip15
{quote} Thats fine -no probs. I'm enjoying the thread.
pretty much staying out of the line of fire for this afternoon and then see what shakes out and what opportunities they give us to add to the weekly totals.
Plan, Prepare, Execute, Repeat
  • #89
  • Jan 22, 2015 8:59am Jan 22, 2015 8:59am
I got short the E/J on the fractal break
Attached Image (click to enlarge)
Click to Enlarge Name: EUR_JPY_Short.png Size: 44 KB
Plan, Prepare, Execute, Repeat
  • #90
  • Edited 3:33pm Jan 22, 2015 3:20pm | Edited 3:33pm
Hey there

first thank you for the thread, I have been following you for a couple of days on myfxbook and was finally able to trace back to this thread Impressive results and I'm eager to learn this breakout method

I am coding my own version of DBLHC and DBHLC but I was wondering about your marge ? how strict is your indicator ?

I am asking because in the last E/J chart there should be no DBLHC


One more question, if you don't mind, did you follow the same method to go long on CADJPY ? I'm asking because, following my chart and understanding, it should have been short


thanks again
Attached Image
  • #91
  • Jan 22, 2015 8:49pm Jan 22, 2015 8:49pm
Just took my first trade based on your rules

AUDNZD short. would like your comments

Thanks
Attached Image
  • #92
  • Jan 22, 2015 9:38pm Jan 22, 2015 9:38pm
Quoting EternalNewB
Just took my first trade based on your rules AUDNZD short. would like your comments Thanks {image}
It fits the rules The other comment I have is to manage your risk and be searching for other opportunities.
As for your comment and post about the CAD/JPY, you are correct as well there and I am long that one. As time moves to the right on these trade and if they are not moving in my direction a fairly significant amount, I will start to tighten the stop up closer and closer. the ones that work the very best do so pretty quickly and dont have very much MAE involved.
Plan, Prepare, Execute, Repeat
  • #93
  • Jan 22, 2015 9:44pm Jan 22, 2015 9:44pm
Thank you for your reply (and for sharing your method),

so you went long on CAD/JPY based on another system ?


Any idea about the DBLHC/DBHLC ? how many pips buffer do you allow?

thanks again
  • #94
  • Jan 22, 2015 10:43pm Jan 22, 2015 10:43pm
Quoting EternalNewB
Thank you for your reply (and for sharing your method), so you went long on CAD/JPY based on another system ? Any idea about the DBLHC/DBHLC ? how many pips buffer do you allow? thanks again
I Had a DBHLC on my charts on the C/J......as far as a buffer or allowance for the pattern, I will allow 2 pips variance.

Now this one like what I was talking about in my earlier post.....This trade has been on for hours and not really gone anywhere...just hanging around. I have already tightened up my stop on this one. I look at it as opportunity cost of having margin tied up with no return on it....

It is good that you are asking questions......I really think that everyone should take the framework of a system or method.....and then they must turn it into their OWN method that suits their personality.
Plan, Prepare, Execute, Repeat
  • #95
  • Jan 22, 2015 11:08pm Jan 22, 2015 11:08pm
Hi Swing,

On the Cad/Jpy trade, would it be possible too post your chart with an entry arrow, alongside Eternal's chart, as there appears to be a discrepency, ie... he went short, and you long, i think that's where the confusion is..

Many thanks.

scouse.
All My Opinions, Are Just That, My Opinion!!!
  • #96
  • Jan 22, 2015 11:27pm Jan 22, 2015 11:27pm
Quoting scouse12345
Hi Swing, On the Cad/Jpy trade, would it be possible too post your chart with an entry arrow, alongside Eternal's chart, as there appears to be a discrepency, ie... he went short, and you long, i think that's where the confusion is.. Many thanks. scouse.
I see where the confusion occurred...please see the chart for my take on it
Attached Image (click to enlarge)
Click to Enlarge Name: cadjpy.png Size: 43 KB
Plan, Prepare, Execute, Repeat
  • #97
  • Jan 22, 2015 11:46pm Jan 22, 2015 11:46pm
Thanks Swing.
All My Opinions, Are Just That, My Opinion!!!
  • #98
  • Jan 23, 2015 1:00am Jan 23, 2015 1:00am
A suggestion for what I consider a must read. This little 100 page .pdf file will transform your trading if you let it.

The secrets to emotion free trading
by: Larry Levin

It is available here in different threads...just search for emotion free trading .pdf and you will find it
Plan, Prepare, Execute, Repeat
  • #99
  • Jan 23, 2015 1:21am Jan 23, 2015 1:21am
Thanks for that
every Saint has a past. Every Sinner has a Future
  • #100
  • Jan 23, 2015 1:25am Jan 23, 2015 1:25am
Quoting swingtrade65
{quote} I see where the confusion occurred...please see the chart for my take on it {image}
I'm saving these charts and demo trading your approach. Your charts and annotations help to accelerate learning and provide valuable reference sources. The PDF is also a good read.
every Saint has a past. Every Sinner has a Future
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