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00 Level Trading: EsikeM30Bomb

  • #61
  • Jun 29, 2015 3:00pm Jun 29, 2015 3:00pm
Quoting diallist
{quote} Thanks for the kind words, and I'm glad you like the spreadsheet. It helps me by compartmentalizing my trading into days. Reminds me that I only need to focus on today, at that is enough. I'll back out now as this is Yomi's thread, and I'll only pop in to ask questions of Yomi. Dial
No, diallist, this is not yomi's thread, it's yours too, it for all of us. Why I stop posting in Udine's thread is because I wanted to clearify why my thread was move to commercial content with FF. If FF did not bring back my thread to the trading system where new traders will be seeing it on daily basis, I may close this thread, and continue posting in Udine's thread, because the purpose of openning this thread is being defeated. your input will also be useful and welcome here.

Thank you,
Yomi
Time always comes before price
  • #62
  • Jun 29, 2015 10:31pm Jun 29, 2015 10:31pm
Yomi,

Attached Image (click to enlarge)
Click to Enlarge Name: 14. M30 Level 1 Entry with 5ema Cross..png Size: 55 KB


The above picture is posted number 4 by fxrabbi.As you can see the broker tick PVA indic is bearish candle grade 1.Is this still a valid sell?

Attached Image (click to enlarge)
Click to Enlarge Name: 11. M30 Level 1 Entry Only..png Size: 80 KB


While the second picture is bullish candle grade 2.

So,is this mean the broker tick PVA can be generated sell signal by grade 1 candle or grade 2 candle??Or??

Thanks in advance!
Sorry for my poor English.
  • #63
  • Jun 30, 2015 2:28am Jun 30, 2015 2:28am
Quoting Jascinta
Yomi, {image} The above picture is posted number 4 by fxrabbi.As you can see the broker tick PVA indic is bearish candle grade 1.Is this still a valid sell? {image} While the second picture is bullish candle grade 2. So,is this mean the broker tick PVA can be generated sell signal by grade 1 candle or grade 2 candle??Or?? Thanks in advance! Sorry for my poor English.
Hi Jascinta,

These are the types of signal generated by the PVA:

Purple: standard bear - rising.

Red: standard bear - climax.

Blue: standard bull - rising.

Green: standard bull - climax.

NB: all the above can be use to validate our entries. But the setup has to be in place first, which is M30 Level 1 Entry.

Cheers,
Yomi
Time always comes before price
  • #64
  • Edited 6:31am Jun 30, 2015 4:59am | Edited 6:31am
hi fxrabbi, nice thread, i hope they will bring it back to trading systems thread.
on my chart currency strength - giraia dont show Eur value. i havent changed any settings, any ideas why?
And can you explain how do you use adx, cci, mom, mbl and rsi on the down left corner? what mom and mbl stand for? and what about kingpips indicator? thank you.
Attached Image (click to enlarge)
Click to Enlarge Name: OANDA - MetaTrader.png Size: 151 KB
  • #65
  • Jun 30, 2015 5:54am Jun 30, 2015 5:54am
Hi fxrabbi,

Do you think, the preset of sleeptight Lock-in-pips = 10 is the same value as Breakeven is optimal ? Mostly we will stopped out here and do not reach the TP of 20 pips. Otherwise we have mostly 10 pips.
  • #66
  • Jun 30, 2015 8:33am Jun 30, 2015 8:33am
So, this is a good time to post as I am sitting on my hands waiting for 10:00 (NY) news. It is this process that I have been very bad at in the past. I have a hard time NOT trading. That is where I have gotten in trouble. It was very tempting to take this GBPUSD trade that set up, especially since there wasn't much happening yesterday and I am ready to take a trade. I like the extra "stupid trader" protection I have by using this method and your template, Yomi. Having the news indicator right on the chart is very helpful to me, but also seeing that the volume didn't line up was helpful as well. And although the trade would have worked for maybe 10 pips, I am glad I was able to stay out and just knowing the news was coming may not have been enough to convince me to not trade it.

BEFORE:

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30 Tempted.png Size: 66 KB


AFTER:

Attached Image (click to enlarge)
Click to Enlarge Name: Tempted result.png Size: 63 KB


Thanks,

PJ
  • #67
  • Jun 30, 2015 9:12am Jun 30, 2015 9:12am
Quoting swingdjpj
So, this is a good time to post as I am sitting on my hands waiting for 10:00 (NY) news. It is this process that I have been very bad at in the past. I have a hard time NOT trading. That is where I have gotten in trouble. It was very tempting to take this GBPUSD trade that set up, especially since there wasn't much happening yesterday and I am ready to take a trade. I like the extra "stupid trader" protection I have by using this method and your template, Yomi. Having the news indicator right on the chart is very helpful to me, but also seeing that...
Time always comes before price
  • #68
  • Jun 30, 2015 9:14am Jun 30, 2015 9:14am
Quoting Traffex
Hi fxrabbi, Do you think, the preset of sleeptight Lock-in-pips = 10 is the same value as Breakeven is optimal ? Mostly we will stopped out here and do not reach the TP of 20 pips. Otherwise we have mostly 10 pips.
If the trend if ok, it will go to your TP.
Time always comes before price
  • #69
  • Edited 10:04am Jun 30, 2015 9:16am | Edited 10:04am
Quoting dbsys
hi fxrabbi, nice thread, i hope they will bring it back to trading systems thread. on my chart currency strength - giraia dont show Eur value. i havent changed any settings, any ideas why? And can you explain how do you use adx, cci, mom, mbl and rsi on the down left corner? what mom and mbl stand for? and what about kingpips indicator? thank you. {image}

Mine is showing. I'm not really looking at the TDI-CCI-MOM_ADX Labels agin. The Kingpips indicator is about CCI.

Yomi
Time always comes before price
  • #70
  • Jun 30, 2015 10:08am Jun 30, 2015 10:08am
M30 Level 1 Entry on EURUSD.

TP = +20pips.

Trade Ideas:

1. M30 Level 1 Entry.
2. Sync in pairs.
3. Strength.

Cheers,
yomi.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 59 KB
Time always comes before price
  • #71
  • Jun 30, 2015 10:15am Jun 30, 2015 10:15am
Quoting fxrabbi
M30 Level 1 Entry on EURUSD. TP = +20pips. Trade Ideas: 1. M30 Level 1 Entry. 2. Sync in pairs. 3. Strength. Cheers, yomi. {image}
Was watching this also, but wasn't it against rule 10?
  • #72
  • Jun 30, 2015 10:25am Jun 30, 2015 10:25am
Quoting fxrabbi
M30 Level 1 Entry on EURUSD. TP = +20pips. Trade Ideas: 1. M30 Level 1 Entry. 2. Sync in pairs. 3. Strength. Cheers, yomi. {image}
Your patience is inspiring. I was wondering if eur/usd was going to provide a trade for you today. AND yes, you found it.
  • #73
  • Jun 30, 2015 10:44am Jun 30, 2015 10:44am
Quoting fxrabbi
M30 Level 1 Entry on EURUSD. TP = +20pips. Trade Ideas: 1. M30 Level 1 Entry. 2. Sync in pairs. 3. Strength. Cheers, yomi. {image}
Yomi,

The volume is not there??Is this mean MACD is more important to confirm than broker tick PVA??


Thanks...
  • #74
  • Jun 30, 2015 10:50am Jun 30, 2015 10:50am
Quoting bapakjason
{quote} Your patience is inspiring. I was wondering if eur/usd was going to provide a trade for you today. AND yes, you found it.
PDF all the way,

Thank you,
Yomi
Time always comes before price
  • #75
  • Jun 30, 2015 10:52am Jun 30, 2015 10:52am
Quoting naveel
{quote} Was watching this also, but wasn't it against rule 10?
You are right, but that is my first trade of the week, I need that trade.

Cheers,
Yomi
Time always comes before price
  • #76
  • Jun 30, 2015 10:57am Jun 30, 2015 10:57am
Quoting fxrabbi
{quote} You are right, but that is my first trade of the week, I need that trade. Cheers, Yomi
  • #77
  • Jun 30, 2015 4:29pm Jun 30, 2015 4:29pm
Quoting fxrabbi
M30 Level 1 Entry on EURUSD. TP = +20pips. Trade Ideas: 1. M30 Level 1 Entry. 2. Sync in pairs. 3. Strength. Cheers, yomi. {image}
Looking at your chart, it looks like the 11:30 Candle should have produced a trade, or is there something I'm missing?

Thank you, for your thread!
  • #78
  • Jun 30, 2015 4:41pm Jun 30, 2015 4:41pm
Quoting hbfx
{quote} Looking at your chart, it looks like the 11:30 Candle should have produced a trade, or is there something I'm missing? Thank you, for your thread!
Yes, you are right, why I did not take the trade is because price is above Daily pivot points.

Cheers,
Yomi
Time always comes before price
  • #79
  • Jul 1, 2015 2:29am Jul 1, 2015 2:29am
Quoting Jascinta
{quote} Yomi, The volume is not there??Is this mean MACD is more important to confirm than broker tick PVA?? Thanks...
Sorry I did not see your post on time.

The most important thing in this system is the M30 Level 1 Entry, every other things come after that. As a reminder, M30 Level 1 Entry is the process whereby the Price To Price (1440 - window 2) color must be established first, and then the ASH (window 1) changes to match it.

Cheers,
Yomi
Time always comes before price
  • #80
  • Jul 1, 2015 2:49am Jul 1, 2015 2:49am
Quoting fxrabbi
{quote} Sorry I did not see your post on time. The most important thing in this system is the M30 Level 1 Entry, every other things come after that. As a reminder, M30 Level 1 Entry is the process whereby the Price To Price (1440 - window 2) color must be established first, and then the ASH (window 1) changes to match it. Cheers, Yomi
Hi.

Are we going to put pending order for the next level in this case?
Please comment.

Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM30.png Size: 59 KB
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