what ever it takes
gonna test it soon..! 
Thanks for sharing..! 
Today is Presidents day here in the USA so I will not be trading but here is one of the several trades I took towards the end of last week. I will be placing a youtube video up on this trade along with many others as well. I did exit prematurely for a breakeven only to watch it fall 75 pip in the next few minutes. Disappointing because I knew better but here is the trade.
First of all a little more in depth analysis here. The reason why I liked this trade is because I knew it was very probable that we were about to see a fast and hard breakdown. Allow me to explain here. Notice the blue support line that I have drawn in here with the three blue arrows. This was the 3rd time price had come down to this support area. The key here was on the 3rd time price moved sideways at support. When this happens this means buyers are not able to step in and immediately rebound prices, so a breakdown in very probable. So, when we got all red it was time to go short. Stops were above recent highs as illustrated on the chart. We did begin to see the breakdown in the circle area but notice how price went back up to the top of the MA tunnel. Normally I would let price go up to the top like it often does and then fall after a hard sell below the tunnel. Unfortunately I got out for breakeven as price came right up to my stop and fell back down. Also notice the THV did not go blue as the price bars did. This is showing great weakness in the markets. This trade should have been an easy 1 to 1 or greater. My ultimate target on this was 2.06 (even psychological number) which it hit before reversing. Again, remember after a hard sell like this price will go back up to the upper channel (often a great place to go short if u missed it initially) before resuming the trend. One final thing to note is the higher time frames all had red sells at this time and was indicating a breakdown as well
First of all a little more in depth analysis here. The reason why I liked this trade is because I knew it was very probable that we were about to see a fast and hard breakdown. Allow me to explain here. Notice the blue support line that I have drawn in here with the three blue arrows. This was the 3rd time price had come down to this support area. The key here was on the 3rd time price moved sideways at support. When this happens this means buyers are not able to step in and immediately rebound prices, so a breakdown in very probable. So, when we got all red it was time to go short. Stops were above recent highs as illustrated on the chart. We did begin to see the breakdown in the circle area but notice how price went back up to the top of the MA tunnel. Normally I would let price go up to the top like it often does and then fall after a hard sell below the tunnel. Unfortunately I got out for breakeven as price came right up to my stop and fell back down. Also notice the THV did not go blue as the price bars did. This is showing great weakness in the markets. This trade should have been an easy 1 to 1 or greater. My ultimate target on this was 2.06 (even psychological number) which it hit before reversing. Again, remember after a hard sell like this price will go back up to the upper channel (often a great place to go short if u missed it initially) before resuming the trend. One final thing to note is the higher time frames all had red sells at this time and was indicating a breakdown as well
3 SL, what is wrong?
All your entries was against strong and fast moves, in my opinion it's too risky to trade in such places.
@tradingeasy
Thank you for your system. I'm using it since tuesday and for now result it's +5%. It's simple and I think it has big potential. I hope you will continue this thread
{quote} I don't know, if it's very important, but notice, that author has now little different settings on DSS (6,11 instead of 6,8, which are in first post). All your entries was against strong and fast moves, in my opinion it's too risky to trade in such places. @tradingeasy Thank you for your system. I'm using it since tuesday and for now result it's +5%. It's simple and I think it has big potential. I hope you will continue this thread
@tradingeasy, thank you for sharing your system. Please tell me about value A_t3_period and B_t3_period for THV Trix MTF indicator. Which one do u use? Excuse for my english.
- #39
- Edited 9:35am Feb 20, 2015 9:11am | Edited 9:35am
- Joined Jun 2006 | Status: Fx trader | 2,944 Posts
Being a fxtrader is not easy. Ones must working hard.
- #40
- Edited 11:57am Feb 20, 2015 11:08am | Edited 11:57am
- Joined Jun 2006 | Status: Fx trader | 2,944 Posts
Being a fxtrader is not easy. Ones must working hard.