Trading the middle TZ's | Page 26 | Forex Factory

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Trading the middle TZ's

  • #501
  • Jun 16, 2015 8:49am Jun 16, 2015 8:49am
Today performance...............
Attached Image (click to enlarge)
Click to Enlarge Name: 16.6.15.jpg Size: 71 KB
  • #502
  • Jun 16, 2015 12:10pm Jun 16, 2015 12:10pm
Hello Albertdkpllh and thank you for all your work!
Quoting Albertdkpllh
I use the parabolic to place my stop loss. Tp is +11 stoploss is 11 {image}
Can I ask you 3 things:

1. What is your Parabolic settings (for SL)?
2. Which pairs do you trade?
3. Is your H=8 for any one pair?

Thank you!
Just an opinion. Based on research
  • #503
  • Jun 16, 2015 12:45pm Jun 16, 2015 12:45pm
Quoting since80808
Hello Albertdkpllh and thank you for all your work! {quote} Can I ask you 3 things: 1. What is your Parabolic settings (for SL)? 2. Which pairs do you trade? 3. Is your H=8 for any one pair? Thank you!
Hi, my H is 10, parabolic is default settings, I trade all the major pairs but especially the pairs that the CSM give me but the spread must be good.
My help is in the name of the Lord who made heaven and earth.
  • #504
  • Jun 16, 2015 12:48pm Jun 16, 2015 12:48pm
Quoting tareqhasan11
Today performance............... {image}
Keep it up. Remember, set your targets, don't over trade. Entries with precision like a sniper and you need to get a fixed stop loss.
My help is in the name of the Lord who made heaven and earth.
  • #505
  • Jun 16, 2015 2:59pm Jun 16, 2015 2:59pm
10 pips a day It's simple and almost mechanical.

When a new daily Bar shows up, set a Buy Stop Order in the High of the previous Candle and a Sell Stop Order in the Low of that Candle.

TP: 10 Pips.
SL: The Low of the previous candle for the Buy and the High of the previous candle for the Sell.

​Even so, you may not be comfortable with the R:R ratio. I recommend attach this parameter (SL) to a relative value, such as the 40% of the ATR(10), for example.
Or an intelligent Trailing Stop, which behaves different depending if you are above or below the Break-Even value.
For the purpose, you will need to code an EA .

Works well in EUR/USD, but have a look at other low-spread charts.
Trade, don't bet.
  • #506
  • Jun 16, 2015 11:59pm Jun 16, 2015 11:59pm
am looking at this closely
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHFM15.png Size: 55 KB
My help is in the name of the Lord who made heaven and earth.
  • #507
  • Jun 17, 2015 12:04am Jun 17, 2015 12:04am
Quoting Albertdkpllh
am looking at this closely {image}
+20 pips Lol
My help is in the name of the Lord who made heaven and earth.
  • #508
  • Jun 17, 2015 12:07am Jun 17, 2015 12:07am
MTZ's plus CSM ROCK
My help is in the name of the Lord who made heaven and earth.
  • #509
  • Jun 17, 2015 12:08am Jun 17, 2015 12:08am
Quoting Albertdkpllh
{quote} +20 pips Lol


i missed both nzdchd and audchf
  • #510
  • Jun 17, 2015 12:10am Jun 17, 2015 12:10am
Quoting Albertdkpllh
MTZ's plus CSM ROCK
It is pure gold, with practice you will start felling the rhythm of the market.
  • #511
  • Jun 17, 2015 12:16am Jun 17, 2015 12:16am
Is this not beautiful.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCHFM15.png Size: 56 KB
My help is in the name of the Lord who made heaven and earth.
  • #512
  • Jun 17, 2015 12:20am Jun 17, 2015 12:20am
Looks Good
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCHF-ProM15 2.png Size: 55 KB
  • #513
  • Jun 17, 2015 12:22am Jun 17, 2015 12:22am
Quoting Albertdkpllh
Is this not beautiful. {image}
Just awesome. unfortunately I was too slow. by the time i had set my tp for my first trade it was too late to enter other markets
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHFM15.png Size: 56 KB
My help is in the name of the Lord who made heaven and earth.
  • #514
  • Jun 17, 2015 12:23am Jun 17, 2015 12:23am
UPdate on NZDCHF hit TP done for today. its better to say away from the market now. red news and latter FOMC.
  • #515
  • Jun 17, 2015 12:23am Jun 17, 2015 12:23am
Quoting jeetvirk
Looks Good {image}
My help is in the name of the Lord who made heaven and earth.
  • #516
  • Jun 17, 2015 4:46am Jun 17, 2015 4:46am
Quoting Albertdkpllh
For those struggling to identify a potential MTZ, I will take it one step at a time. 1. The currency strength indicator helps us to choose the most liquid markets to trade, preferably I want a pair in the red and blue zones of the indicator. 2. My stop loss is with the parabolic sar. I leave the take profit to you. My daily target is 20pips and i am on the 15min TF
Cont...form where i left off. The picture below illustrates the steps i make in reaching the decision to trade or not.

I will post a live example when i see one.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM15.jpg Size: 211 KB
My help is in the name of the Lord who made heaven and earth.
  • #517
  • Jun 17, 2015 5:53am Jun 17, 2015 5:53am
I was passing very busy day in office but it never stops me from trading i am able to catch +15 pip at least which is enough for me..............
  • #518
  • Edited 12:29pm Jun 17, 2015 9:44am | Edited 12:29pm
Hi everyone Im having problems trying to get the MTZ indicator working. It only seems to work for me on m1, when i change TF it doesnt show? Anyone got any ideas to help me? - edit i sorted it.
  • #519
  • Jun 17, 2015 11:45am Jun 17, 2015 11:45am
Good evening!
Quoting jeetvirk
This is 2 pip risk to get 10 pips. {image}
Do you use Parabolic for direction only? Not for a SL setting?
How do you set SL?
Thank you!
Just an opinion. Based on research
  • #520
  • Jun 17, 2015 11:53am Jun 17, 2015 11:53am
LOOKING GOOD.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 46 KB
My help is in the name of the Lord who made heaven and earth.
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