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  • #61
  • Apr 5, 2015 4:00pm Apr 5, 2015 4:00pm
Here is Version 2.00 of the indicator based on ZigZag indicator:
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 77 KB

Note: It takes a few seconds to show up for the first time.
Attached File(s)
File Type: ex4 MathTrader7_LegStrengthIN.ex4   106 KB | 782 downloads
Trading is the hardest way to make easy money...
  • #62
  • Apr 6, 2015 3:17am Apr 6, 2015 3:17am
Todays current interest:
USDCHF:
http://prntscr.com/6q6k7r

AN
http://prntscr.com/6q6kyi

GJ
http://prntscr.com/6q6lca
  • #63
  • Apr 6, 2015 3:18am Apr 6, 2015 3:18am
Quoting MathTrader7
Here is Version 2.00 of the indicator based on ZigZag indicator: {image} Note: It takes a few seconds to show up for the first time. {file}
Its much better now. Look quite solid display.
  • #64
  • Apr 6, 2015 4:58am Apr 6, 2015 4:58am
Also a very nice setup zone on GBPUSD
http://prntscr.com/6q7fof
Cheers Dude
  • #65
  • Apr 6, 2015 5:16am Apr 6, 2015 5:16am
Took this trade on USDCHF and EURUSD interessting clear zone

http://prntscr.com/6q7lnq
http://prntscr.com/6q7lyj
http://prntscr.com/6q7m78

Cheers Dude
  • #66
  • Apr 6, 2015 5:38am Apr 6, 2015 5:38am
Quoting janpec1000
Todays current interest: USDCHF: http://prntscr.com/6q6k7r AN http://prntscr.com/6q6kyi GJ http://prntscr.com/6q6lca
USDCHF bear target reached.

GJ apporoaching interest zone. The steeper the spike into area the better.

EURAUD, will look for shorts:
http://prntscr.com/6q7t8m

EURUSD quick view, sadly movement is too slow today so its only several pips distance. 1.1000 is open for test, but bears want 975, so i am looking for short setups and long setups whichever it gives.
http://prntscr.com/6q7vsv
  • #67
  • Apr 6, 2015 6:34am Apr 6, 2015 6:34am
Two nice shorts on UCAD backed by m5 LL, supply zone.
http://prntscr.com/6q8doe
  • #68
  • Apr 6, 2015 7:09am Apr 6, 2015 7:09am
Quoting janpec1000
{quote} USDCHF bear target reached. GJ apporoaching interest zone. The steeper the spike into area the better. EURAUD, will look for shorts: http://prntscr.com/6q7t8m EURUSD quick view, sadly movement is too slow today so its only several pips distance. 1.1000 is open for test, but bears want 975, so i am looking for short setups and long setups whichever it gives. http://prntscr.com/6q7vsv
EU bulls got what they wanted atm, 1.100 tested. Bear target still open for 975.

UCAD short 248, targeting 5 pips. Very slow day obviously...
  • #69
  • Apr 6, 2015 7:18am Apr 6, 2015 7:18am
Quoting janpec1000
{quote} EU bulls got what they wanted atm, 1.100 tested. Bear target still open for 975. UCAD short 248, targeting 5 pips. Very slow day obviously...
Very small tp. What is your risk on this? I do not know how to do a good MM on these micro scalps.
Fix up, trade sharp ...
  • #70
  • Apr 6, 2015 7:18am Apr 6, 2015 7:18am
Quoting janpec1000
{quote} EU bulls got what they wanted atm, 1.100 tested. Bear target still open for 975. UCAD short 248, targeting 5 pips. Very slow day obviously...
UCAD TPed +5. Bears still want 2465. Got also +3 from EA short. EA shorts are still in interest higher.
  • #71
  • Apr 6, 2015 7:20am Apr 6, 2015 7:20am
Quoting Hickson
{quote} Very small tp. What is your risk on this? I do not know how to do a good MM on these micro scalps.
Hickson, my risk there was 1:1. Small TP, small SL. Today is especially slow day so targets are even smaller.

Gold short posible few pips higher if spike is delivered. Lets see.

GJ has possible setup on lower tight supply, rejections are there.
http://prntscr.com/6q8whl
  • #72
  • Apr 6, 2015 7:22am Apr 6, 2015 7:22am
Quoting janpec1000
{quote} Hickson, my risk there was 1:1. Small TP, small SL. Today is especially slow day so targets are even smaller. Gold short posible few pips higher if spike is delivered. Lets see.
Yes, if you have a high probability setup you can do this. But has to be high win rate to pay spread.
Fix up, trade sharp ...
  • #73
  • Apr 6, 2015 7:34am Apr 6, 2015 7:34am
Quoting Hickson
{quote} Yes, if you have a high probability setup you can do this. But has to be high win rate to pay spread.
Win rate is high enough. As for spread maybe i didnt point it out enough but for anyone to trade this with m1 charts good spread is needed yes. ECN broker is must. If setup are from m5 and above it doesnt matter, but m1 requires solid spreads.

My spreads are this usually(+0.5 pip commision):
EU: 0 pips
EA: 1 pip
GJ: 1-2 pip
UCAD: 0.5 pip
  • #74
  • Edited 7:49am Apr 6, 2015 7:36am | Edited 7:49am
Quoting janpec1000
{quote} Hickson, my risk there was 1:1. Small TP, small SL. Today is especially slow day so targets are even smaller. Gold short posible few pips higher if spike is delivered. Lets see. GJ has possible setup on lower tight supply, rejections are there. http://prntscr.com/6q8whl
Done GJ delivered, 6 pips.

Also from previous post UCAD bears got their target 2468. Now 2456 is open for target. Shorts are on table in supply.
EU is valid short 1010 with tight stop. Bulls are very strong with possible break, but still its low risk setup so worth a try.

EURCHF, structure calls for lower price, shorts are main focus.
http://prntscr.com/6q95k1

GU shorting is confirmed, waiting for retrace.
http://prntscr.com/6q96sx

AUDNZD bears want 1.002, will look for shorts.
  • #75
  • Apr 6, 2015 8:04am Apr 6, 2015 8:04am
Quoting janpec1000
{quote} Done GJ delivered, 6 pips. Also from previous post UCAD bears got their target 2468. Now 2456 is open for target. Shorts are on table in supply. EU is valid short 1010 with tight stop. Bulls are very strong with possible break, but still its low risk setup so worth a try. EURCHF, structure calls for lower price, shorts are main focus. http://prntscr.com/6q95k1 GU shorting is confirmed, waiting for retrace. http://prntscr.com/6q96sx AUDNZD bears want 1.002, will look for shorts.
GU heavy climb into supply, no shorts without second confirmation of supply.
http://prntscr.com/6q9dnx

EU needs close bellow 1013 for shorts.
  • #76
  • Apr 6, 2015 8:24am Apr 6, 2015 8:24am
Quoting janpec1000
{quote} Win rate is high enough. As for spread maybe i didnt point it out enough but for anyone to trade this with m1 charts good spread is needed yes. ECN broker is must. If setup are from m5 and above it doesnt matter, but m1 requires solid spreads. My spreads are this usually(+0.5 pip commision): EU: 0 pips EA: 1 pip GJ: 1-2 pip UCAD: 0.5 pip
Might work, just wonder why you do not go for more pips?
Fix up, trade sharp ...
  • #77
  • Apr 6, 2015 10:28am Apr 6, 2015 10:28am
Quoting Hickson
{quote} Might work, just wonder why you do not go for more pips?
Reason becouse mostly as trading lower tf from higher tf zone, zones dont get rejection on first go, but price most of time bounces as early upper/lower bulls/bears want to push further. This mean that you can offload few scalp in between, which in the end is just as good as aiming for higher TF zone oposite demand or supply. This obviously doesnt always happen, but it does enough time that it suits me.
  • #78
  • Apr 6, 2015 10:31am Apr 6, 2015 10:31am
EURAUD bear target (this target remains till AUD news later, IF rate cut target is gone):
http://prntscr.com/6qbavh
  • #79
  • Apr 6, 2015 11:06am Apr 6, 2015 11:06am
Quoting janpec1000
EURAUD bear target (this target remains till AUD news later, IF rate cut target is gone): http://prntscr.com/6qbavh
EA target reached.

Gold H4:
http://prntscr.com/6qbs6s
M5, retracement short:
http://prntscr.com/6qbstx


GU:
http://prntscr.com/6qbud4
  • #80
  • Apr 6, 2015 11:23am Apr 6, 2015 11:23am
Quoting janpec1000
{quote} EA target reached. Gold H4: http://prntscr.com/6qbs6s M5, retracement short: http://prntscr.com/6qbstx GU: http://prntscr.com/6qbud4
EU and GU both reached targets. Waiting for gold short a bit more , UCAD wants lower thus not shorting gold when dollar wants some more bear tests.
http://prntscr.com/6qc0lk
1222.60 is atm interested level. GU and EU atm on long interest zone, shorts are still valid though as long as m1 doesnt show bulls.
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