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  • #3,841
  • Feb 13, 2015 4:10am Feb 13, 2015 4:10am
Clive
Not saying I like it to much on 1 minute but the 8.25 bar was the biggest spread down
bar of the day I was expecting a retest so WHY did it get broken on the upside, I would have preferred a bigger retest to give me some room to test M3 or yesterdays highs hence cutting the trade short
  • #3,842
  • Feb 13, 2015 4:19am Feb 13, 2015 4:19am
Quoting OAPDave
Clive Not saying I like it to much on 1 minute but the 8.25 bar was the biggest spread down bar of the day I was expecting a retest so WHY did it get broken on the upside, I would have preferred a bigger retest to give me some room to test M3 or yesterdays highs hence cutting the trade short
Thanks Dave appreciate the explanation...

I really fancy this GBPAUD higher but the price action is a bit lazy so will wait for a pullback to support and then have a think about it.

Could of course I could leave a buystop just above this range but not too keen on breakouts...
Attached Image (click to enlarge)
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Feel the Fear and do it anyway!!!
  • #3,843
  • Feb 13, 2015 4:23am Feb 13, 2015 4:23am
Aus/Usd 10 pip snatch and done trading for the day
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  • #3,844
  • Feb 13, 2015 4:29am Feb 13, 2015 4:29am
Came down to BRN so bought it again but its struggling to break this hrly head and shoulders so gone to BE again better safe than sorry. Also if it does break upwards it will come back and retest so giving me a second chance to get in... Time will tell..

Nice one Genies I'm thinking grab another 10 here and be done too..
Attached Image (click to enlarge)
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Feel the Fear and do it anyway!!!
  • #3,845
  • Feb 13, 2015 4:40am Feb 13, 2015 4:40am
Thanks Clive and Dave for your positive statements.

When I did the first 2 trades, the top trender indi was briefly above 30 and with all ducks in a row ,I pulled the trigger.

it was also above 30 for the last trade.
Orphan Hugging That's the way to go
  • #3,846
  • Feb 13, 2015 4:59am Feb 13, 2015 4:59am
Its Great to see some very good Trading Action on the thread at last, some really good guys on here, just wish I could bounce about from one pair to another like them, may be one day. On my dull pair this is what is on my radar 15min chart the 8.15 27pip down bar since then we have traded inside its high and low !!!!!!! no follow through as yet to the downside may be going to range trade until the yanks come onboard not a big daily range yet so some more fun to come ???
  • #3,847
  • Feb 13, 2015 5:19am Feb 13, 2015 5:19am
Quoting geanies101
Thanks Clive and Dave for your positive statements. When I did the first 2 trades, the top trender indi was briefly above 30 and with all ducks in a row ,I pulled the trigger. it was also above 30 for the last trade. Orphan Hugging That's the way to go

Yes I think you might have something there with the orphan hugging , good to see you're refferring to the TTindy too I think you're find it will enhance your chance of winning, also trading the stronger trenders will hopefully increase the size of your orphans too.
Feel the Fear and do it anyway!!!
  • #3,848
  • Feb 13, 2015 5:38am Feb 13, 2015 5:38am
Not sure how to do Quotes

have been watching your thread since the start,And I would say unreservedly (not sure if that's a word).
That due to your positive attitude,This is without doubt to me the most approachable thread in all of forex factory.
Not finding any Trumpet blowing characters,Gave me the notion to go ahead and post charts.
Top Man Clive
  • #3,849
  • Feb 13, 2015 5:43am Feb 13, 2015 5:43am
Quoting OAPDave
Its Great to see some very good Trading Action on the thread at last, some really good guys on here, just wish I could bounce about from one pair to another like them, may be one day. On my dull pair this is what is on my radar 15min chart the 8.15 27pip down bar since then we have traded inside its high and low !!!!!!! no follow through as yet to the downside may be going to range trade until the yanks come onboard not a big daily range yet so some more fun to come ???
Dave if you are going to focus on 1 pair only then give gbpaud a go. Has decent moves most days and not as choppy as gj or gn. Trends nicely.
  • #3,850
  • Feb 13, 2015 5:52am Feb 13, 2015 5:52am
Quoting Vantage
{quote} Dave if you are going to focus on 1 pair only then give gbpaud a go. Has decent moves most days and not as choppy as gj or gn. Trends nicely.
Thanks Mr V that's great advice going to give that idea a go, thanks again.
  • #3,851
  • Feb 13, 2015 6:31am Feb 13, 2015 6:31am
Quoting OAPDave
{quote} Thanks Mr V that's great advice going to give that idea a go, thanks again.

Even better bit of advice Dave watch the top 4 on the TTindy and when you see the setup you like on one of them go for it...

If you're finding 1 min too stressful just trade in direction of the top 5 min TTindy instead...

the secret is to be only trading strong trending pairs...so if theres a pair you particularly like say GBPUSD wait for it to appear in the top 4 then have a look at it..

We should only be trading strong trenders, doesn't gaurantee we are going to win but gives us an edge thats for sure

Right now theres some JPY weakness so have a look at GBPJPY, EURJPY or USDJPY all looking very strong right now, wait for a pullback to support and if you see a nice reaction hit it....

As I type GBPJPY is setting up particularly nicely..
Feel the Fear and do it anyway!!!
  • #3,852
  • Feb 13, 2015 6:39am Feb 13, 2015 6:39am
Quoting clivepackham
{quote} Yes I think you might have something there with the orphan hugging , good to see you're refferring to the TTindy too I think you're find it will enhance your chance of winning, also trading the stronger trenders will hopefully increase the size of your orphans too.
Clive Figured out the quotes.
With what you said in mind I went back and looked at the Gbp/Aus which was top of the TTindy at the time of your post.
Not sure what the readings would have been when the below trade kicked in but it looks like it would have been >30.
Thank you for your post very helpful.

Mr V I appreciate your comments on the tradeability of the Gbp/Aus
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  • #3,853
  • Feb 13, 2015 6:52am Feb 13, 2015 6:52am
geanies - what parameters are you using for your MA ribbons?
  • #3,854
  • Feb 13, 2015 6:55am Feb 13, 2015 6:55am
geanies101 Hello. Put your tpl and indicators. Thank U. Sorry, English is not my native language.
  • #3,855
  • Feb 13, 2015 6:58am Feb 13, 2015 6:58am
Hi handy
200 and 600 ema the larger

12 and 36 ema the smaller
  • #3,856
  • Feb 13, 2015 7:01am Feb 13, 2015 7:01am
Quoting clivepackham
{quote} Even better bit of advice Dave watch the top 4 on the TTindy and when you see the setup you like on one of them go for it... If you're finding 1 min too stressful just trade in direction of the top 5 min TTindy instead... the secret is to be only trading strong trending pairs...so if theres a pair you particularly like say GBPUSD wait for it to appear in the top 4 then have a look at it.. We should only be trading strong trenders, doesn't gaurantee we are going to win but gives us an edge thats for sure Right now theres some JPY weakness...
Boss without doubt you are bang on the money with what you are saying, but my head cannot cope with so many pairs I need to build a story as to why I want to risk my money on a trade already having a plan in place, we all know that THE MARKET NEVER SLEEPS so with this in mind I know that at some time in the day the price will come to me, take what as just happened on my pair (soon to be another pair) we tested the low of 74 then the defenders came out and engulfed the attackers with a 7pip 1min bar (12.16 & 12.17) then we had a 10pip rally these are the things that I expect to happen so my plan is just to ORPHAN Trade (just love that term) I can see your ABCD as clear as daylight and its brilliant but not to sure if I need the 100 or CCI when I have levels of all types and my use of ranges
Without doubt the ABCD are the way forward and you are the MASTER of them your tt and other stuff is also king if I were bouncing around from pair to pair but I am not all I am doing is
ORPHEN TRADING
  • #3,857
  • Feb 13, 2015 7:12am Feb 13, 2015 7:12am
handy
small point the 200/600 line thickness on the ribbon Set to 1
2 on the smaller this makes the smaller visible when it passes within the larger
  • #3,858
  • Feb 13, 2015 7:20am Feb 13, 2015 7:20am
I am in EURCAD, anyone with me?
EUR weak across the board, GBCAD agrees, 1m and 5m TTidny agree. break pivots and 50 line and re-test.

I am aware CAD news in 15 min, will see how it goes
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  • #3,859
  • Feb 13, 2015 7:27am Feb 13, 2015 7:27am
Quoting geanies101
Hi handy 200 and 600 ema the larger 12 and 36 ema the smaller

geanies101 what parameters zigzag?
  • #3,860
  • Feb 13, 2015 7:30am Feb 13, 2015 7:30am
Quoting OAPDave
{quote} Boss without doubt you are bang on the money with what you are saying, but my head cannot cope with so many pairs I need to build a story as to why I want to risk my money on a trade already having a plan in place, we all know that THE MARKET NEVER SLEEPS so with this in mind I know that at some time in the day the price will come to me, take what as just happened on my pair (soon to be another pair) we tested the low of 74 then the defenders came out and engulfed the attackers with a 7pip 1min bar (12.16 & 12.17) then we had a 10pip rally...
Fair enough Dave all sounds good to me, sorry to bang on so much about my system , guess we all have to find our own way and also understand what suits one won't suit another guy...

One thing seems to becoming across from the majority of us all is to Orphan hug. I must say I am tending to sway that way myself, in fact I will share something with you later which is quite amazing....

Its not so much Orphan grabbing as just grabbing each momentum run and banking soon as it falters... Only time I look to hold nowadays is when theres strength or weakness in one currency.

Anyways keep it going and keep sharing it all helps one way or another...
Feel the Fear and do it anyway!!!
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