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Attachments: Trading the middle TZ's
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Trading the middle TZ's

  • #441
  • Jun 9, 2015 1:29am Jun 9, 2015 1:29am
EJ close half position SL move to BE
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY-ProM15 9.6.15_2.png Size: 57 KB
  • #442
  • Jun 9, 2015 1:30am Jun 9, 2015 1:30am
AJ look what it did took me out and then hit the TP level.

But it happens cant win them all. but my SL is 5 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY-ProM15 9.6.15_1.png Size: 55 KB
  • #443
  • Jun 9, 2015 2:27am Jun 9, 2015 2:27am
Will it make or not ???

but my SL is 5 pips only
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD-ProM15 9.6.15_3.png Size: 55 KB
  • #444
  • Jun 9, 2015 2:45am Jun 9, 2015 2:45am
AU +10
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD-ProM15 9.6.15_4.png Size: 56 KB
  • #445
  • Jun 9, 2015 3:06am Jun 9, 2015 3:06am
Where is exactly your entry point? it's clear that you wait for a retracement after the middle TZ. But are you waiting for a 50% retrace or do you enter when it 'feels' right? and you are aiming always for a 2:1 RR?
  • #446
  • Jun 9, 2015 6:23am Jun 9, 2015 6:23am
Quoting jeetvirk
AU +10 {image}
Am loving your trading style. Very impressive. in fact am convinced now about the combination of the Currency strenght metre. Am taking trades with the CS and the MTZ's. It gives you confidence in the market. Thanks Jeetvirk.
My help is in the name of the Lord who made heaven and earth.
  • #447
  • Jun 9, 2015 7:06am Jun 9, 2015 7:06am
Quoting jeetvirk
AU +10 {image}
jeetvirk, what broker are you using? Im using GlobalPrime but my TZ indi doesnt appear on some pairs and if it appears, only on daily TF.Thanks!
  • #448
  • Jun 9, 2015 7:17am Jun 9, 2015 7:17am
Quoting Hoffi4201
Where is exactly your entry point? it's clear that you wait for a retracement after the middle TZ. But are you waiting for a 50% retrace or do you enter when it 'feels' right? and you are aiming always for a 2:1 RR?
This is the area i need to work on my friend, but best is 50%, at the moment i am entrying when i feel right.

thanks
regards.
  • #449
  • Jun 9, 2015 7:17am Jun 9, 2015 7:17am
Quoting mario777
{quote} jeetvirk, what broker are you using? Im using GlobalPrime but my TZ indi doesnt appear on some pairs and if it appears, only on daily TF.Thanks!

Mario chk your message box.

regards
  • #450
  • Jun 9, 2015 9:11am Jun 9, 2015 9:11am
Quoting jeetvirk
{quote} Mario chk your message box. regards
Thanks jeetvirk. I use the h-8 as settings. Its strange as it appears on some pairs but not on the others and even on some timeframes. Will try another broker.
  • #451
  • Jun 9, 2015 9:13am Jun 9, 2015 9:13am
Quoting Albertdkpllh
{quote} Am loving your trading style. Very impressive. in fact am convinced now about the combination of the Currency strenght metre. Am taking trades with the CS and the MTZ's. It gives you confidence in the market. Thanks Jeetvirk.
Yes, even Fx-Jay mentioned in one of his posts that he is using TZ with CSM. Im not sure if its middle TZ.
  • #452
  • Jun 9, 2015 10:42am Jun 9, 2015 10:42am
Quoting mario777
{quote}Thanks jeetvirk. I use the h-8 as settings. Its strange as it appears on some pairs but not on the others and even on some timeframes. Will try another broker.
H=8 is one of my favorite h, especially for big TF. But i use h=8 on M15, try scalp using TZ. Still do not know the result, i must check it in real time for some weeks ... Thanks for the ideas, this is a nice thread.
Attached Image (click to enlarge)
Click to Enlarge Name: tz-scalp.jpg Size: 45 KB
Good friends are more valuable than gold ...
  • #453
  • Jun 10, 2015 1:03am Jun 10, 2015 1:03am
lets see how it goes.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1.png Size: 64 KB
My help is in the name of the Lord who made heaven and earth.
  • #454
  • Jun 10, 2015 1:34am Jun 10, 2015 1:34am
Quoting Albertdkpllh
lets see how it goes. {image}

Hi Albert i don't like the wick on top and moreover this pair is already moved 100 pips so don't think it will move further.

my views only.

regards
jeet
  • #455
  • Jun 10, 2015 2:22am Jun 10, 2015 2:22am
This one is quick EU +20 done for the day.

USD is slave today and EUR is boss Since london open.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-ProM15 10.6.15_2.png Size: 51 KB
  • #456
  • Jun 10, 2015 2:23am Jun 10, 2015 2:23am
Quoting mario777
{quote} Yes, even Fx-Jay mentioned in one of his posts that he is using TZ with CSM. Im not sure if its middle TZ.

Hi Mario can u provide me link if possiable

regards

jeet
  • #457
  • Jun 10, 2015 2:37am Jun 10, 2015 2:37am
How we can correlate the CSM with MTZ, in this GU chart the Good MTZ but on the other hand On CSM Pound and USD both are at same place so not a good idea to trade this MTZ.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-ProM15 10.6.15_3.png Size: 52 KB
  • #458
  • Jun 10, 2015 2:42am Jun 10, 2015 2:42am
Quoting Albertdkpllh
lets see how it goes. {image}

Hey Albert look at this i think it hit ur tp..

Perfect example of 50% entry.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD-ProH1 10.6.15_4.png Size: 53 KB
  • #459
  • Jun 10, 2015 2:42am Jun 10, 2015 2:42am
What do you think about a strictly rule based entry:

Drawind Fibonacci to the last M15 Candle.
Short Sell Limit on 38.2 with a SL on 76.4 and a Target of 2:1
Long Buy Limit on 61.8 with a SL on 23.6 and a Target of 2:1.

Of course always based on CSM!
  • #460
  • Jun 10, 2015 2:53am Jun 10, 2015 2:53am
Quoting Hoffi4201
What do you think about a strictly rule based entry: Drawind Fibonacci to the last M15 Candle. Short Sell Limit on 38.2 with a SL on 76.4 and a Target of 2:1 Long Buy Limit on 61.8 with a SL on 23.6 and a Target of 2:1. Of course always based on CSM!

Well Hoffi i think entry should be always at 50%, and SL on the other side of the MTZ or 10 pips. But when there is a good momentam in the market we need to act fast.

The other way is we can enter half lot at market order and other half by pending order at 5o%. with the same stop loss.

what do u think.

regards
jeet
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