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  • #6,961
  • Jul 2, 2015 7:13am Jul 2, 2015 7:13am
Quoting MTPockets
Closing out before NFP. Putting 108.3 pips in my pockets. Didn't want to risk giving back anything I made. I definitely love this trading method Clive & Devon put together. I just got to practice my entries and exits, I leave too much on the table and I'd rather have it in my pockets. {image} Still, MTPockets

Ha Ha he leaves too much on the table and he's made 108.3 pips today?????

Gentlemen let me introduce you to the worlds biggest sufferer of that old devil, "The Fear of Leaving Something on the Table"

Bloody awesome trading my friend and say good bye to MTpockets and say hello to "fullup-pockets"

No all kidding aside thats great trading

can't wait to see what you do with a bit of practice...

Got any trades to show us???
Feel the Fear and do it anyway!!!
  • #6,962
  • Jul 2, 2015 7:19am Jul 2, 2015 7:19am
NFP 10 minutes guys get all your trades off the table....

Gonna have a cup of tea then see what I can do post NFP would guess it will throw all our TMAs out of kilter for a while so will resort back to TTindy after the news...

Lets put the kettle on and watch the fireworks with a nice hot cup of tea...
Feel the Fear and do it anyway!!!
  • #6,963
  • Jul 2, 2015 7:19am Jul 2, 2015 7:19am
Hi guys , what are you expecting for the NFP ? is there any good expectations ?
  • #6,964
  • Jul 2, 2015 7:32am Jul 2, 2015 7:32am
Quoting clivepackham
I'm still learning the tricks of trading these channels but I've got to say the early signs are very good... Look at this chart again showing the sort of entires we are after but theres also something else on here of interest.... {image} Look how the 5 and 15 min are sloping up quite steeply showing a strong trend and notice how it smashes through the 15 min upper band as if its not there??? Now I'm sure this will repaint itself a bit later and make it loook okish as it will move the 15 min TMA up so it looks like it hasn't been hit. However it...
Said I'd update that GBPCAD chart from earlier the one that drove straight through its 15 min TMA, like Mike said maybe we need to adjust our settings on the TMAs for different pairs, sort of fine tune them for each pair?? Anyway look how the 15 min TMA still did its job be it a little late.

but if you'd done like I said and waited for the 1 minute to turn over then took the next sell CCI signal it would have worked out fine.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM1 catchup.png Size: 71 KB


One other thing is the TMA's don't look too different to how they did in real time so quite tradable, in fact the 1 minute channel looks great.. Not enough repainting to change the trade is there???

Last thing about this post remember what I was posting about?? When the 15 min slope is up and you're looking to take a sell off of it, wait for the 1 minute to confirm it with a turn to red, then decide where you are, as price might just keep going up with the 15 min trend...

Wait for 1 minute confirmation on these types of 15min TMA reversal trades..
Feel the Fear and do it anyway!!!
  • #6,965
  • Jul 2, 2015 7:37am Jul 2, 2015 7:37am
Markets all over the place..... WOW!
Going to take some time to settle I imagine. Clive, leave the cuppa and let's rather go for a beer. The market is scrambled. Not mush sensible trading going to take place soon!
  • #6,966
  • Jul 2, 2015 7:41am Jul 2, 2015 7:41am
Let's see what the markets look like in a half hour
  • #6,967
  • Jul 2, 2015 7:44am Jul 2, 2015 7:44am
Quoting Pipglutton
Markets all over the place..... WOW!
Yep I wander what the market will make of this..


Attached Image (click to enlarge)
Click to Enlarge Name: nfp.PNG Size: 11 KB


Don't try to work it out for yourself just sit back and see who comes to the top of the 1 minute TTindy..

Yep give it 30 mins to straighten itself out and see whats top of the 1 minute TTindy then go and have a look at that pair and see if you like what you're looking at ...

I'll be looking for USD strength or weakness to give me a clue..
Feel the Fear and do it anyway!!!
  • #6,968
  • Jul 2, 2015 7:47am Jul 2, 2015 7:47am
Quoting clivepackham
{quote} Said I'd update that GBPCAD chart from earlier the one that drove straight through its 15 min TMA, like Mike said maybe we need to adjust our settings on the TMAs for different pairs, sort of fine tune them for each pair?? Anyway look how the 15 min TMA still did its job be it a little late. but if you'd done like I said and waited for the 1 minute to turn over then took the next sell CCI signal it would have worked out fine. {image} One other thing is the TMA's don't look too different to how they did in real time so quite tradable, in...
I think your settings are fine - just include the H1 channel in your analysis. Look at how the H1 upper channel (aqua blue colour) nailed the sell zone again.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPCAD M15.jpg Size: 126 KB
Click to Enlarge Name: GBPCAD M5.jpg Size: 90 KB
Click to Enlarge Name: GBPCAD M1.jpg Size: 109 KB
  • #6,969
  • Jul 2, 2015 7:56am Jul 2, 2015 7:56am
Quoting kaz3
{quote} I think your settings are fine - just include the H1 channel in your analysis. Look at how the H1 upper channel (aqua blue colour) nailed the sell zone again. {image} {image} {image}
Wonder if it came down from the 1hr upper band at the time it was there? If you see what I mean . . .
  • #6,970
  • Jul 2, 2015 7:57am Jul 2, 2015 7:57am
Drank my tea a bit quicker than normal...

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm1.png Size: 63 KB


Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM1.png Size: 60 KB


Wander if I've got the best entry ever after an NFP??? Mind you is it a bad news release for USD?? Thats the question?? Hope so..
Feel the Fear and do it anyway!!!
  • #6,971
  • Jul 2, 2015 8:03am Jul 2, 2015 8:03am
Quoting kaz3
{quote} I think your settings are fine - just include the H1 channel in your analysis. Look at how the H1 upper channel (aqua blue colour) nailed the sell zone again. {image} {image} {image}
Nice charts Kaz3

Yep these TMAs are very powerful for trading 1 minute charts from the right place thats for sure, and we could put the hrly TMAs on with an alert that tells us they've been hit...

Did you see this at the time?? Just to answer Jasons question?? I think we are all concerned these TMAs look good after the fact but not at the actual time, but i can't imagine that hrly repainting too much from this morning can you??
Feel the Fear and do it anyway!!!
  • #6,972
  • Jul 2, 2015 8:14am Jul 2, 2015 8:14am
Still holding USDJPY but GBPUSD knocked off for nowt so thought I'd try this USDCHF but I see our HRLY TMA lurking on that 0.9425 level which is a bit worrying knowing the power of the bloody things..

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFM1.png Size: 58 KB


Should of taken this from the reversal instead of GBPUSD.., but how can you know at the time which is best to take???
Feel the Fear and do it anyway!!!
  • #6,973
  • Jul 2, 2015 8:24am Jul 2, 2015 8:24am
Quoting bapakjason
{quote} Wonder if it came down from the 1hr upper band at the time it was there? If you see what I mean . . .
I think it repaints about 10 to 15 candles back so quite confident that hourly signal was there at the time..
Feel the Fear and do it anyway!!!
  • #6,974
  • Jul 2, 2015 8:33am Jul 2, 2015 8:33am
Another example of when you don't buy TMA touches, when the 1 min is trending down strongly and the TMA is sloping away from you. You have to wait for the 1 minute to turn up before even contemplating buying..

Attached Image (click to enlarge)
Click to Enlarge Name: when trending too strongly you must wait for the 1 min to turn first.png Size: 81 KB


The best time to buy a touch is when the slope of the TMA you're buying agrees with the direction you want to go otherwise wait for 1 min confirmation and sell/buy first CCI signal back with the reversal direction..
Feel the Fear and do it anyway!!!
  • #6,975
  • Jul 2, 2015 9:40am Jul 2, 2015 9:40am
Quoting clivepackham
Another example of when you don't buy TMA touches, when the 1 min is trending down strongly and the TMA is sloping away from you. You have to wait for the 1 minute to turn up before even contemplating buying.. {image} The best time to buy a touch is when the slope of the TMA you're buying agrees with the direction you want to go otherwise wait for 1 min confirmation and sell/buy first CCI signal back with the reversal direction..
looking purely at this last chart picture i would not look to buy gbpnzd. Unless your trading the pull back.yes 1min channel is pulling back but 5min and 15min is heading down....id be patient and look for channel to align and go for a short.Bare in mind i can only comment on a picture not real time live chart
  • #6,976
  • Jul 2, 2015 10:18am Jul 2, 2015 10:18am
Quoting clivepackham
Another example of when you don't buy TMA touches, when the 1 min is trending down strongly and the TMA is sloping away from you. You have to wait for the 1 minute to turn up before even contemplating buying.. {image} The best time to buy a touch is when the slope of the TMA you're buying agrees with the direction you want to go otherwise wait for 1 min confirmation and sell/buy first CCI signal back with the reversal direction..
what is the spread of this pair on your broker? I don't trade these exotic crosses much, oanda has a 9 pip spread. that blows out any chance of me trading it.
  • #6,977
  • Jul 2, 2015 10:20am Jul 2, 2015 10:20am
Strongest trender trade GBPNZD been dropping since NFP for some reason but who am I to question why??? Just follow the money..

Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzdm1.png Size: 63 KB


Keep an eye on this GBPNZD going back up sometime soon..
Feel the Fear and do it anyway!!!
  • #6,978
  • Jul 2, 2015 2:06pm Jul 2, 2015 2:06pm
Quoting devontrader
Clive great charts....your seeing 5 and 15min channels now click the 15min chart ti look at the 15 and 60 channel only what do you see??? Is your 1hr chsnnek in same direction as your trade....yes??? Go with it follow the trade Move stops lock in profit...make it a free trade
Would you care to share the supply and demand indicator you had on your earlier charts? Thanks in advance
Energy, frequency and vibration.
  • #6,979
  • Jul 2, 2015 6:22pm Jul 2, 2015 6:22pm
Quoting devontrader
File uploaded for honestknave....ref our pm {file}
I was asked to take a look at this indicator regarding the repainting issue. I've now had the chance to take a very quick look at it.

On its default settings, it will redraw the last 60 bars at the start of each new bar or when there is >10 pips price movement during a bar.

I have (very crudely) modded the code to prevent it from repainting. I then ran it alongside the normal version.
You can see there are some differences even though it is a quiet time on the markets.
The green vertical line is when I added the indicators to the chart.
The red lines are from the normal (repainting) version.
The blue lines are from the non-repainting version.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY-sbM1.png Size: 54 KB


Only you guys will know if you prefer the repaint or non-repaint version; I don't use this indicator, I don't really know how it works and I definitely don't know how to trade it. I just butchered the code to prevent it repainting (which is not always a good idea)
Attached File(s)
File Type: mq4 FastTMALineNoRepaint.mq4   10 KB | 428 downloads
  • #6,980
  • Jul 2, 2015 6:27pm Jul 2, 2015 6:27pm
Quoting honestknave
{quote} I was asked to take a look at this indicator regarding the repainting issue. I've now had the chance to take a very quick look at it. On its default settings, it will redraw the last 60 bars at the start of each new bar or when there is >10 pips price movement during a bar. I have (very crudely) modded the code to prevent it from repainting. I then ran it alongside the normal version. You can see there are some differences even though it is a quiet time on the markets. The green vertical line is when I added the indicators to the chart....

Thank you honestknave,

I'll try it out tonight

MTPockets
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