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Daily green/red candle

  • #201
  • May 7, 2015 4:26pm May 7, 2015 4:26pm
Quoting lifeismine
WOW all GBP/XXX jumped up over 200 pips !!!!! and i didnt put the trades on grrrrr lol
if you are positive , its ok
let take and the other people some profits
  • #202
  • May 7, 2015 4:50pm May 7, 2015 4:50pm
Quoting marshalmax
One other thing I have noticed is that if yesterday's candle has a large wick in same direction as the preceding few candles then trade the opposing direction irrespective of the colour of that candle. Some very good results in backtesting. {image}
Exactly, I think I mentioned to watch PRICE ACTION and use common sense

Green & Red is showing you price action if you know it or not

Attached Image (click to enlarge)
Click to Enlarge Name: 8-05-2015 7-45-25 AM.png Size: 95 KB
It takes a lot for me to IGNORE you, but you can try.
  • #203
  • May 7, 2015 5:01pm May 7, 2015 5:01pm
Quoting Erebus
{quote} Exactly, I think I mentioned to watch PRICE ACTION and use common sense Green & Red is showing you price action if you know it or not {image}
It's a pin bar.
  • #204
  • May 7, 2015 5:17pm May 7, 2015 5:17pm
Quoting ChicagoRob
{quote} It's a pin bar.
Depends on which school of forex you went to I guess

It wasn't at a top or bottom so I'm easy, call it what you want

Attached Image (click to enlarge)
Click to Enlarge Name: DOJI.png Size: 783 KB
It takes a lot for me to IGNORE you, but you can try.
  • #205
  • May 7, 2015 5:51pm May 7, 2015 5:51pm
at my understanding a pinbar doesnt have candles to right/left bigger than it, it must be a top/botton with a pretty long wick and small body
  • #206
  • May 7, 2015 10:04pm May 7, 2015 10:04pm
Don't chase a trade - let it come to you.
Attached Images
  • #207
  • May 8, 2015 12:31am May 8, 2015 12:31am
goodmorning

dont be crazy about the candles names
who cares
the only that i want is to breakout the H/L
even if they say Jack the Ripper

so .. keep it simple
no rules
  • #208
  • May 8, 2015 12:34am May 8, 2015 12:34am
Quoting ChicagoRob
Don't chase a trade - let it come to you. {image} {image}

chicago
you got it
( ok we said simple but you dont change even the color? so simple?)
  • #209
  • May 8, 2015 12:40am May 8, 2015 12:40am
Quoting Opemipo
{quote} D fib draws at d current candle but it should be frm d precious candle.
You can set at the StartBar.
I know it's a little tricky. Select the manual fibo if you like.
Attached Image (click to enlarge)
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  • #210
  • May 8, 2015 2:56am May 8, 2015 2:56am
you must took all the GBP....
  • #211
  • May 8, 2015 4:21am May 8, 2015 4:21am
Hi Dimdel
Good results on your live trades .Are you going to close the trades before the NFP anouncements
  • #212
  • May 8, 2015 4:31am May 8, 2015 4:31am
Quoting raylin
Hi Dimdel Good results on your live trades .Are you going to close the trades before the NFP anouncements

NO

i pretend that i dont know about the news
the system must work in all roads
no only in highway , but and WRC way
will see....
  • #213
  • May 8, 2015 4:36am May 8, 2015 4:36am
Quoting raylin
Hi Dimdel Good results on your live trades .Are you going to close the trades before the NFP anouncements
the worst case scenario is to lose certain percentage of my capital, and there i stop
let them get it

But if I'm going to take it back then i will lose > 40% of my capital.
  • #214
  • May 8, 2015 4:38am May 8, 2015 4:38am
so i risk the my usual daily % but , today i have double my TP
  • #215
  • May 8, 2015 10:02am May 8, 2015 10:02am
well?
whtats your results this week?
mine you can see it
  • #216
  • May 8, 2015 12:01pm May 8, 2015 12:01pm
USDCHF trade valid. Still rising. Already locked profit. Looking to close soon. not going to hold over weekend.
  • #217
  • May 8, 2015 1:04pm May 8, 2015 1:04pm
Quoting FxLapozi
USDCHF trade valid. Still rising. Already locked profit. Looking to close soon. not going to hold over weekend.
hi lapozi

USDCHF when price go to 150 fib the SL= to entry ( by the rules)
but if you want to lock your profits
is good idea
  • #218
  • May 8, 2015 2:11pm May 8, 2015 2:11pm
Quoting dimdel
well? whtats your results this week? mine you can see it
These are the results for the first week I've been trading the strategy. Profit factor is high
and I can't complain about the 1% DD. I expect my results to improve even more, as I get
more price-action experience under my belt.
Attached Image (click to enlarge)
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  • #219
  • May 8, 2015 2:20pm May 8, 2015 2:20pm
personally
i will dont close my orders
if i will have new colors i will put the new pending

if the system work then work in all days
if dont work then all the time we must find the reason that dont work (days, news, sun ,tsipras,....)

We havent 50 shades of gray but
black and white
work or not

good weekend
  • #220
  • May 8, 2015 2:24pm May 8, 2015 2:24pm
Quoting dimdel
this week {image}
Hello dimdel, would you mind sharing the Fibo Indicator you are using in your strategy

Thanks And Regards,
Moti
http://www.forexfactory.com/attachme...1&d=1430473950
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