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  • #121
  • Jul 6, 2015 2:41am Jul 6, 2015 2:41am
Are all 3 "arrows" indicators (MA_CrossOver_Signal, Price MA Breakout, kingpips01) related to evaluating the momentum of the move ?
Do we consider that at least one of them must appear at the signal bar (or previous bar) and if more than one is present then momentum is amplified (i.e. bigger momentum) ?
  • #122
  • Jul 6, 2015 4:25am Jul 6, 2015 4:25am
Quoting fxrabbi
6. Don't trade against nearby BRN, S1+R1.
I am reading again the rules of post 1. You say you don't trade against BRN, S1 and R2.

You don't pay attention to S2, S3, R2, R3, DP, WP, MP?
  • #123
  • Jul 6, 2015 4:37am Jul 6, 2015 4:37am
Quoting tradista
Are all 3 "arrows" indicators (MA_CrossOver_Signal, Price MA Breakout, kingpips01) related to evaluating the momentum of the move ? Do we consider that at least one of them must appear at the signal bar (or previous bar) and if more than one is present then momentum is amplified (i.e. bigger momentum) ?
Hi,

Price MA Breakout - Momentum.

MA_Crossover_Signal - Trend direction.

Kingpips01 - Trend direction.


Cheers,
Yomi
Time always comes before price
  • #124
  • Jul 6, 2015 4:40am Jul 6, 2015 4:40am
Quoting 4xgmp
{quote} I am reading again the rules of post 1. You say you don't trade against BRN, S1 and R2. You don't pay attention to S2, S3, R2, R3, DP, WP, MP?
All the above are important as well, I only pay more attention to those mention.

Cheers,
Yomi
Time always comes before price
  • #125
  • Jul 6, 2015 4:44am Jul 6, 2015 4:44am
Thanks for your prompt reply.

I am also confused about rule 8. "Wait for retrace of not more than four M30 candles and not too deep than H1 ( Price To Open - 60 ) before re-entry."

Can you explain in more details?
  • #126
  • Jul 6, 2015 4:48am Jul 6, 2015 4:48am
Quoting fxrabbi
{quote} Hi, Price MA Breakout - Momentum. MA_Crossover_Signal - Trend direction. Kingpips01 - Trend direction. Cheers, Yomi
thank you
  • #127
  • Edited 5:24am Jul 6, 2015 5:14am | Edited 5:24am
Quoting 4xgmp
Thanks for your prompt reply. I am also confused about rule 8. "Wait for retrace of not more than four M30 candles and not too deep than H1 ( Price To Open - 60 ) before re-entry." Can you explain in more details?
Hi,

Please see post 28, and read the second part of my respond there.


Cheers,
Yomi
Time always comes before price
  • #128
  • Jul 6, 2015 5:47am Jul 6, 2015 5:47am
I read post 28 already and still very confused. Can you post a chart?
  • #129
  • Edited Jul 7, 2015 3:09am Jul 6, 2015 11:06am | Edited Jul 7, 2015 3:09am
EU to TP = +20 pips.

Figured it would finally move, at least towards a test of S1

Attached Image (click to enlarge)
Click to Enlarge Name: 2015-07-06_17h03_47.png Size: 60 KB
  • #130
  • Jul 6, 2015 11:28am Jul 6, 2015 11:28am
Quoting tradista
EU to TP. Figured it would finally move, at least towards a test of S1 {image}

Weldone

Don't forget DPF & BCC.

Cheers,
Yomi
Time always comes before price
  • #131
  • Jul 6, 2015 11:36am Jul 6, 2015 11:36am
GBPJPY to BE = +10pips

Trade Ideas:

More of a PA stuff....


Cheers,
Yomi
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 58 KB
Time always comes before price
  • #132
  • Jul 7, 2015 3:05am Jul 7, 2015 3:05am
EU to TP = + 20 pips.
All signals perfectly ligned up.
Setup presented itsetf slightly before LO but it took a while and needed London fresh money to push it to BRN (target) for a first test.
Bounced back from retest of daily pivot, so S turned R.
20 pips SL worked like a charm in this case.

Attached Image (click to enlarge)
Click to Enlarge Name: 2015-07-07_09h01_21.png Size: 50 KB
  • #133
  • Jul 7, 2015 3:10am Jul 7, 2015 3:10am
+10, +10

Please comment whether my entry was correct?
Still learning.

Thanks.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYM30.png Size: 53 KB
Click to Enlarge Name: EURUSDM30.png Size: 46 KB
Trade With PDF & Wisdom
  • #134
  • Jul 7, 2015 5:18am Jul 7, 2015 5:18am
Quoting MosesNMY
+10, +10 Please comment whether my entry was correct? Still learning. Thanks. {image} {image}
IMHO:

- EJ was not a valid L1 type setup, you entered too early and should have taken your entry on the next candle, nonetheless it would've been invalidated because you were bumping against untested DP and selling into .100 level, so basically no trade there.

- EU was a valid L2 type, very nice entry, but I believe it is not part of Yomi's method.

Also the rules say that you should take only 1 trade at a time per setup, you took both at LO... as both pairs are correlated, in my opinion, sometimes you double the profit sometimes you double the loss...
  • #135
  • Jul 7, 2015 5:40am Jul 7, 2015 5:40am
1st trade of the day:

EURUSD to TP =+20pips.

Trade Ideas:

1. Sync in trade.
2. PA in action.
3. Strength.

Cheers,
Yomi
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 55 KB
Time always comes before price
  • #136
  • Jul 7, 2015 5:54am Jul 7, 2015 5:54am
Quoting tradista
{quote} IMHO: - EJ was not a valid L1 type setup, you entered too early and should have taken your entry on the next candle, nonetheless it would've been invalidated because you were bumping against untested DP and selling into .100 level, so basically no trade there. - EU was a valid L2 type, very nice entry, but I believe it is not part of Yomi's method. Also the rules say that you should take only 1 trade at a time per setup, you took both at LO... as both pairs are correlated, in my opinion, sometimes you double the profit sometimes you double...
I can't say it better, weldone
Time always comes before price
  • #137
  • Jul 7, 2015 5:59am Jul 7, 2015 5:59am
2nd trade of the day:

GBPUSD to TP =+20pips.

Trade Ideas:

1. Sync in trade.
2. PA in action.
3. Strength.

Cheers,
Yomi
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 58 KB
Time always comes before price
  • #138
  • Jul 7, 2015 7:04am Jul 7, 2015 7:04am
Quoting tradista
{quote} IMHO: - EJ was not a valid L1 type setup, you entered too early and should have taken your entry on the next candle, nonetheless it would've been invalidated because you were bumping against untested DP and selling into .100 level, so basically no trade there. - EU was a valid L2 type, very nice entry, but I believe it is not part of Yomi's method. Also the rules say that you should take only 1 trade at a time per setup, you took both at LO... as both pairs are correlated, in my opinion, sometimes you double the profit sometimes you double...
Hi.

Very clear explanation, will take it down in my note.

Thanks.
Trade With PDF & Wisdom
  • #139
  • Jul 7, 2015 7:26am Jul 7, 2015 7:26am
Quoting fxrabbi
1st trade of the day: EURUSD to TP =+20pips. Trade Ideas: 1. Sync in trade. 2. PA in action. 3. Strength. Cheers, Yomi {image}
Dear Yomi,

I'm missing something or the rules has changed?

I can't see in your chart the M30 level 1 setup conditions, neither the 5EMA cross as you teach us in post 1, 2 and 3.

could you please explain this entry decision and the one in post 137 also.

Cheers;
BilboFX
  • #140
  • Edited 8:35am Jul 7, 2015 8:15am | Edited 8:35am
Last trade for today:

EURUSD to BE = +10pips. total today = +50pips.

This is my new way of trading: pure PA round breakout and pullback.

Trade Ideas:

1. Sync in pairs.
2. Strength.
3. pullback.

Cheers,
Yomi
Attached Image (click to enlarge)
Click to Enlarge Name: 2.png Size: 56 KB
Time always comes before price
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