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  • #121
  • Apr 5, 2015 5:21am Apr 5, 2015 5:21am
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  • #122
  • Apr 5, 2015 5:22am Apr 5, 2015 5:22am
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  • #123
  • Apr 5, 2015 5:25am Apr 5, 2015 5:25am
Oh sell, since different brokers have various spreads, and how they compute price and stuff, that means there MAYBE should be a tollerance of 1 or 2 pips.
I know its an ad hoc, but this one may actually be worth it. Meaning its how the market works and stuff. I cant change that. Or well i can and sort of will, but thats coming just a bit later. Like next week something like that.
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  • #124
  • Apr 5, 2015 5:27am Apr 5, 2015 5:27am
Quoting yaed
{image}
short term trading is trap.. You must get out when market gives you profit asap..
  • #125
  • Apr 5, 2015 5:31am Apr 5, 2015 5:31am
Quoting Naokia980
{quote} short term trading is trap.. You must get out when market gives you profit asap..
Yes my man! No get greedy if you want to be correct most the time. Cant have it all
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  • #126
  • Apr 5, 2015 5:36am Apr 5, 2015 5:36am
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Wow ive never seen THAT many scripts!? I think i have a feeling why.
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  • #127
  • Apr 5, 2015 5:43am Apr 5, 2015 5:43am
Lets have a another look. Just so there is no missunderstanding. A moder modern chart.
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  • #128
  • Apr 5, 2015 5:43am Apr 5, 2015 5:43am
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100% profitable way to trade. So far. But i guess i will go do other things.
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  • #129
  • Apr 5, 2015 8:07am Apr 5, 2015 8:07am
Now im working the E/G H1.
Buy on high breaks.
Sell on low breaks.
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Once you have a profit, dont let it go into loss.
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  • #130
  • Apr 5, 2015 8:29am Apr 5, 2015 8:29am
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  • #131
  • Apr 5, 2015 9:00am Apr 5, 2015 9:00am
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  • #132
  • Apr 5, 2015 9:33am Apr 5, 2015 9:33am
Quoting yaed
{image}
Hi Yaed,

Thank you for the teaching. Very easy to understand and grasp. Appreciate your help and guidance. My question is at what time frame you are using for the trade? I saw you were using 1M, 1H, 4H and even Daily. My job does not allow me to do so. Is it ok to do on daily time frame? Second thing how will you define dark sell line and buy line, may be this is noob question but for me it is important. Once again thank you for everything.

Bomi

http://www.forexfactory.com/attachme...1&d=1427700970

http://www.forexfactory.com/attachme...1&d=1427701418
  • #133
  • Apr 5, 2015 9:56am Apr 5, 2015 9:56am
Quoting Bomi
{quote} Hi Yaed, Thank you for the teaching. Very easy to understand and grasp. Appreciate your help and guidance. My question is at what time frame you are using for the trade? I saw you were using 1M, 1H, 4H and even Daily. My job does not allow me to do so. Is it ok to do on daily time frame? Second thing how will you define dark sell line and buy line, may be this is noob question but for me it is important. Once again thank you for everything. Bomi {image} {image}
Doesnt matter. What matters is: Buy at break of the last high. Sell at the break of last low. Give each high/low at least 8-32 hours before they are active. Ok.
Once the trade is in profit, dont let it go into loss if its been in profit. If it does, close. So if you have had 10 pip profit and it goes to 7, then 5, then +-0 then close there, DIRECTLY no delay. You are looking at near 100% of your position are winners, but they ARE small.
If you got like... i dunno 15 pip and dont know how to read price action, just close it, thats enough in this pair.
My signature is: "Classified".
  • #134
  • Apr 5, 2015 10:00am Apr 5, 2015 10:00am
Quoting Bomi
{quote} Hi Yaed, Thank you for the teaching. Very easy to understand and grasp. Appreciate your help and guidance. My question is at what time frame you are using for the trade? I saw you were using 1M, 1H, 4H and even Daily. My job does not allow me to do so. Is it ok to do on daily time frame? Second thing how will you define dark sell line and buy line, may be this is noob question but for me it is important. Once again thank you for everything. Bomi {image} {image}
http://www.forexfactory.com/showthre...79#post8185879
See?
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  • #135
  • Apr 5, 2015 10:02am Apr 5, 2015 10:02am
Quoting Bomi
{quote} Hi Yaed, Thank you for the teaching. Very easy to understand and grasp. Appreciate your help and guidance. My question is at what time frame you are using for the trade? I saw you were using 1M, 1H, 4H and even Daily. My job does not allow me to do so. Is it ok to do on daily time frame? Second thing how will you define dark sell line and buy line, may be this is noob question but for me it is important. Once again thank you for everything. Bomi {image} {image}
Hey anyway, screw that old stuff. That was a long time ago. This im writing now is much more simple.
That took effort. This thing just takes two lines for the highs and lows and a friggin trigger finger.
My signature is: "Classified".
  • #136
  • Apr 5, 2015 10:04am Apr 5, 2015 10:04am
Quoting yaed
{quote} http://www.forexfactory.com/showthre...79#post8185879 See?
Thank you for your prompt reply.
Bomi
  • #137
  • Apr 5, 2015 11:07am Apr 5, 2015 11:07am
why not use trailing stops ? you are limiting your profits to few pips with that take profits, looks like this is random scalping just by assuming that the trend is down.
  • #138
  • Apr 5, 2015 11:51am Apr 5, 2015 11:51am
Quoting yaed
{quote} Hey anyway, screw that old stuff. That was a long time ago. This im writing now is much more simple. That took effort. This thing just takes two lines for the highs and lows and a friggin trigger finger.
Great thouights Yaed, can you define the "break"? I would define it as a candle close of daily/H4 above the last high/low. Just curious to know your opinion on that.
Thx
  • #139
  • Apr 5, 2015 12:04pm Apr 5, 2015 12:04pm
Quoting yaed
{quote} Hey anyway, screw that old stuff. That was a long time ago. This im writing now is much more simple. That took effort. This thing just takes two lines for the highs and lows and a friggin trigger finger.
Hi Yaed,

Hope I am not disturbing you. Below chart is showing last higher high candle (red) and current candle is already crossed last higher high. Is it right time on Monday to buy. Or should I wait more?

Bomi
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  • #140
  • Apr 5, 2015 12:21pm Apr 5, 2015 12:21pm
Quoting yaed
{quote} Hey anyway, screw that old stuff. That was a long time ago. This im writing now is much more simple. That took effort. This thing just takes two lines for the highs and lows and a friggin trigger finger.
Hi Yaed,

Take your own time to reply, I am not in hurry. Just want to understand your technique. Below chart with all blue lines are BUY singles am I right?

Bomi
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 32 KB
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