Off Road System | Page 66 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The System Behind the System, by Merlin Jeffries 16 replies

Off Road (Continued) 24 replies

EURUSD Road Map (K.I.S.S System) 32 replies

Road behind....road ahead. 10 replies

Would you trade this system? New system #2. 10 replies

Attachments: Off Road System
Exit Attachments

Off Road System

  • #1,301
  • Apr 30, 2015 1:33am Apr 30, 2015 1:33am
EURAUD m30
Morning

I think there could be a correction at these levels ... We'll see.
But be careful because it seems that the uptrend is not over.
Attached Image (click to enlarge)
Click to Enlarge Name: ea m30retrace.PNG Size: 134 KB

EURAUD H1
Attached Image (click to enlarge)
Click to Enlarge Name: ea mh1retrace.PNG Size: 102 KB
Donde hay Patron no manda Marinero
  • #1,302
  • Apr 30, 2015 2:21am Apr 30, 2015 2:21am
Quoting Patron
EURAUD m30 Morning I think there could be a correction at these levels ... We'll see. But be careful because it seems that the uptrend is not over. {image} EURAUD H1 {image}
EURAUD H1

The map has changed ...
Attached Image (click to enlarge)
Click to Enlarge Name: eah1mapacambiado.PNG Size: 118 KB
Donde hay Patron no manda Marinero
  • #1,303
  • Apr 30, 2015 2:36am Apr 30, 2015 2:36am
Definitely, the euro is very strong. It is very difficult to get into a trend, when you expect a retracement, and none of the pairs of the euro has given me that opportunity. So I have to wait for any relevant news or a change in session, or take a day's leave not go amiss.
Donde hay Patron no manda Marinero
  • #1,304
  • Apr 30, 2015 3:26am Apr 30, 2015 3:26am
Quoting Patron
Definitely, the euro is very strong. It is very difficult to get into a trend, when you expect a retracement, and none of the pairs of the euro has given me that opportunity. So I have to wait for any relevant news or a change in session, or take a day's leave not go amiss.
hi patron, I agree what you wrote. I also expect a retracement (actually I was waiting for it 2 days ago ) but it seems like the bulls are not done yet. maybe GBPUSD might be a better option today as the EURUSD has reached its ADR and I can't estimate what it will do next...
  • #1,305
  • Apr 30, 2015 4:49am Apr 30, 2015 4:49am
Quoting isengoz
{quote} hi patron, I agree what you wrote. I also expect a retracement (actually I was waiting for it 2 days ago ) but it seems like the bulls are not done yet. maybe GBPUSD might be a better option today as the EURUSD has reached its ADR and I can't estimate what it will do next...
EURUSD M1

Well, we can always do scalping in relevant retracements.
Attached Image (click to enlarge)
Click to Enlarge Name: euretrace38.PNG Size: 88 KB
Donde hay Patron no manda Marinero
  • #1,306
  • Apr 30, 2015 6:19am Apr 30, 2015 6:19am
Quoting Patron
{quote} EURUSD M1 Well, we can always do scalping in relevant retracements. {image}
EURUSD M1

Scalping lateral trend (M1)
Attached Image (click to enlarge)
Click to Enlarge Name: eum1scalptec27.PNG Size: 95 KB
Donde hay Patron no manda Marinero
  • #1,307
  • Apr 30, 2015 6:54am Apr 30, 2015 6:54am
Quoting Patron
{quote} EURUSD M1 Scalping lateral trend (M1) {image}
nice trades patron. well, I'm not that lucky today. besides I don't feel comfortable about my trades this week. that makes me pull stops to breakeven sooner and get stopped out more.

the first group went up to +40 pips, and the second group would be around +70 pips by now. in the end, I am up about +1 pip

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 124 KB
  • #1,308
  • Edited 8:11am Apr 30, 2015 7:42am | Edited 8:11am
Quoting isengoz
{quote} nice trades patron. well, I'm not that lucky today. besides I don't feel comfortable about my trades this week. that makes me pull stops to breakeven sooner and get stopped out more. the first group went up to +40 pips, and the second group would be around +70 pips by now. in the end, I am up about +1 pip {image}
It's a shame. You could already have the full quota. To me, because my style of scalping, I usually go better these types of situations of lateral trend, with enough range. When the trend is strong me a hard time getting on it.

EURUSD M1

I tried this wave as if a wave of type C (looking for liquidity). If this wave is so we do not know when it will end, but I think I've earned enough pips today.
Attached Image (click to enlarge)
Click to Enlarge Name: eum1vaweC56.PNG Size: 103 KB
Donde hay Patron no manda Marinero
  • #1,309
  • Apr 30, 2015 7:48am Apr 30, 2015 7:48am
Quoting Patron
{quote} It's a shame. You could already have the full quota. To me, because my style of scalping, I usually go better side such situations, with enough range. When the trend is strong me a hard time getting on it. EURUSD M1 I tried this wave as if a wave of type C (looking for liquidity). If this wave is so we do not know when it will end, but I think I've earned enough pips today. {image}
no worries, I doubled my daily quota

M1 EURUSD +80 pips

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 121 KB


my target for this down move was 1.109x by the way...
  • #1,310
  • Apr 30, 2015 7:49am Apr 30, 2015 7:49am
Quoting isengoz
{quote} no worries, I doubled my daily quota M1 EURUSD +80 pips {image} my target for this down move was 1.109x by the way...
Donde hay Patron no manda Marinero
  • #1,311
  • Apr 30, 2015 7:50am Apr 30, 2015 7:50am
Quoting isengoz
... my target for this down move was 1.109x by the way...
and I already regret that I closed my positions too early...
  • #1,312
  • Apr 30, 2015 7:53am Apr 30, 2015 7:53am
EURUSD

Let's see if the primary uptrend resumes, or other higher degree wave down starts.
Attached Image (click to enlarge)
Click to Enlarge Name: eumCfinal.PNG Size: 111 KB
Donde hay Patron no manda Marinero
  • #1,313
  • Apr 30, 2015 7:58am Apr 30, 2015 7:58am
Quoting isengoz
{quote} and I already regret that I closed my positions too early...
I think you've closed well, we can not aspire to 100%.

Type C waves are unreliable, since they depend on the liquidity needed, but also the emotional state of the traders. A chartist is enough to figure out, and volume.
Donde hay Patron no manda Marinero
  • #1,314
  • Edited 9:50am Apr 30, 2015 9:18am | Edited 9:50am
Quoting Patron
EURUSD Let's see if the primary uptrend resumes, or other higher degree wave down starts. {image}
EURUSD M1

With that just the day. Good and lucky day for me, because in such situations I feel quite comfortable. However, today I worked more hours than my doctor recommended me, so I leave the thread. See you tomorrow.
Attached Image (click to enlarge)
Click to Enlarge Name: eum1afterC99.PNG Size: 116 KB
Donde hay Patron no manda Marinero
  • #1,315
  • May 1, 2015 4:02am May 1, 2015 4:02am
Morning


Scalped Shorts for GBP pairS.

GBPJPY M1
Attached Image (click to enlarge)
Click to Enlarge Name: gjm1rever.PNG Size: 70 KB

GBPUD M1

quota satisfied.
Attached Image (click to enlarge)
Click to Enlarge Name: gu155.PNG Size: 71 KB
Donde hay Patron no manda Marinero
  • #1,316
  • May 1, 2015 4:11am May 1, 2015 4:11am
Given that today is a public holiday in most of Europe, I have chosen today, for intraday trading, Pound pairs as they announced an more volatility, volume and liquidity.
Donde hay Patron no manda Marinero
  • #1,317
  • May 1, 2015 5:28am May 1, 2015 5:28am
I thought I was not going to do trading with the EURO today, but has been put technically easy, and I have not resisted the temptation.

Scalped shorts euro pairs.

EURJPY M5

EURUSD5
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ejm5scalp41.PNG Size: 67 KB
Click to Enlarge Name: eum539scalp.PNG Size: 74 KB
Donde hay Patron no manda Marinero
  • #1,318
  • May 4, 2015 12:12am May 4, 2015 12:12am
Good morning.

Probably my trading plan for today will be dedicated to the evolution of the EURUSD intraday as well as the EURJPY.

At first, my analysis indicates that these currency pairs remain bullish. However, as I descended from timeframe, I think we are at the beginning of a correction, perhaps wide enough to look short in intraday trading.

So my trading will mainly search for short, unless proven otherwise.

Like any plan, it is subject to change as the market moves.
Donde hay Patron no manda Marinero
  • #1,319
  • Edited 9:17am May 4, 2015 12:29am | Edited 9:17am
I received via PM, request upload my current template ...
Attached File(s)
File Type: mq4 Sonic_4 Access Panel (White)2.mq4   166 KB | 455 downloads
File Type: mq4 Sonic_2 PVA Candles (White).mq4   11 KB | 434 downloads
File Type: mq4 Sonic_6 PVA Volumes (Black).mq4   11 KB | 461 downloads
File Type: tpl todoterreno claro sonicpanel velas.tpl   53 KB | 413 downloads
Donde hay Patron no manda Marinero
  • #1,320
  • May 4, 2015 12:40am May 4, 2015 12:40am
Quoting Patron
Good morning. Probably my trading plan for today will be dedicated to the evolution of the EURUSD intraday as well as the EURJPY. At first, my analysis indicates that these currency pairs remain bullish. However, as I descended from timeframe, I think we are at the beginning of a correction, perhaps wide enough to look short in intraday trading. So my trading will mainly search for short, unless proven otherwise. Like any plan, it is subject to change as the market moves.
EURUSD H1

I could imagine something like this, such plan.
Of course this is purely speculative and can happen many different variations of this plan. But it is a way to have a probable guide.
Wave to wave, I will check if this is viable.

Naturally I can be totally wrong, and then would have to reconsider my trading.
Attached Image (click to enlarge)
Click to Enlarge Name: euh1plan.PNG Size: 66 KB
Donde hay Patron no manda Marinero
0 traders viewing now