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  • #7,141
  • Jul 6, 2015 11:08am Jul 6, 2015 11:08am
Trending up I know but the HRLY is close by and right on the hour so hopefully the HRLY boys will push this back down..

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM1.png Size: 47 KB


I'm just thinking is there not only a place to trade but also a time?? If this HRLY extreme is gonna work then its got to be on the hour when the HRLY boys are looking to enter and is it the same with the 15 min TMAs??? Are the moves initiated every 15 mins???
Feel the Fear and do it anyway!!!
  • #7,142
  • Jul 6, 2015 11:34am Jul 6, 2015 11:34am
yeah, I missed it there. im at work, so its easy to get distracted. about the recovery, yes risk is involved as price can shoot against you with some random news about Greece or something, which is why you have to take your recoveries at a logical place. my entries are split into five. lets say 1 lot is what my margin can handle, so I trade in 20000 or .2 increments. that gives me 125 pips of room to recover. let me say that this is NOT martingale the purpose of this is to get my position averaged up or down to get out or make bank. it takes a really bad entry to get 100 pips against me, and as yet, with the exception of gaps up or down on market open, I haven't seen price move 100 pips from the top or bottom of a TMA band. even those gaps required crazy news and they eventually filled back in. I will say too, that the stress level went down when I lowered my leverage, I know I can make it out ok, but if I don't it wont kill my account. this is what it looks like on a chart.
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Click to Enlarge Name: recovery example.png Size: 38 KB
  • #7,143
  • Jul 6, 2015 11:39am Jul 6, 2015 11:39am
Quoting clivepackham
Trending up I know but the HRLY is close by and right on the hour so hopefully the HRLY boys will push this back down.. {image} I'm just thinking is there not only a place to trade but also a time?? If this HRLY extreme is gonna work then its got to be on the hour when the HRLY boys are looking to enter and is it the same with the 15 min TMAs??? Are the moves initiated every 15 mins???
I stop trading around noon on New York time. once London closes the spreads widen, liquidity decreases, and the action comes to almost a standstill most days.
  • #7,144
  • Jul 6, 2015 12:04pm Jul 6, 2015 12:04pm
keep an eye on cable. head and shoulders forming outside of the 1 hr upper band with convergence of .25 level. neckline of the h&s is more or less the upper band. divergenge on cci.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.png Size: 23 KB
  • #7,145
  • Jul 6, 2015 12:43pm Jul 6, 2015 12:43pm
Quoting XxLessoxX
this is the usdcad chart now. should've held on as I would be up about 30. also notice the ind...showing hidden divergence with a 1 hr tma violation. could be useful {image} {image}
please explain how your reading the colours on the tma slope indicator
  • #7,146
  • Jul 6, 2015 1:00pm Jul 6, 2015 1:00pm
colors change on the rising or falling of histo.
found this pdf on ff.
Attached File(s)
File Type: pdf NB 10-2 TMA Slope Indicator (1).pdf   449 KB | 4,658 downloads
  • #7,147
  • Jul 6, 2015 1:03pm Jul 6, 2015 1:03pm
Look at my tma slope indy.....basically bias of bullish or bearish price
  • #7,148
  • Jul 6, 2015 1:03pm Jul 6, 2015 1:03pm
Quoting clivepackham
{quote} Not sure which volatility indy you're referring to but if I was a daily trader I'd use my CSM to find me the best pairs to trade.. {image} Then I'd check my TTindy for top trending pair as confirmation {image} Then I'd have a look at my GBPNZD daily chart.. {image} Imagine taking that colour change and getting a couple of entries early on just after the slope change. This has gone 3,800 pips since the colour change.Not all gonna work this well but you won't know until you try... This system would work on any timeframe including a Daily.....
Hey Clive, Sorry to be such a pain in the ass but could you or someone else here tell me which broker you are using. None of the momentum indys work on my platform. have split the others to two different platforms to work. Maybe this post will help someone else who is having the same problem.

Thanks
Renegade
  • #7,149
  • Jul 6, 2015 1:05pm Jul 6, 2015 1:05pm
Quoting renegade
{quote} Hey Clive, Sorry to be such a pain in the ass but could you or someone else here tell me which broker you are using. None of the momentum indys work on my platform. have split the others to two different platforms to work. Maybe this post will help someone else who is having the same problem. Thanks Renegade
for my demo im using thinkforex australia
  • #7,150
  • Jul 6, 2015 1:24pm Jul 6, 2015 1:24pm
Quoting devontrader
{quote} for my demo im using thinkforex australia
Thanks DT!
  • #7,151
  • Edited 2:19pm Jul 6, 2015 1:35pm | Edited 2:19pm
Quoting XxLessoxX
usdcad all bands converging around a 50 line. im also seeing if the tmaslope indi has any merit{image}. counter trend {file}
this is a good indicator but it needs an alert put into it when price crosses 0 and also an option to have alert when price decreases thru the set level eg 0.3
so maybe

alert true/false
alert high (you say 0.3,,this gives you early warning its crossing 0)
alert low ( again same as alert high,,,early warning)

if you put alert high and low as 0 then it alerts on the cross of the 0 line
  • #7,152
  • Jul 6, 2015 2:25pm Jul 6, 2015 2:25pm
Quoting devontrader
Look at my tma slope indy.....basically bias of bullish or bearish price
just about the same indi
  • #7,153
  • Jul 6, 2015 2:26pm Jul 6, 2015 2:26pm
Quoting devontrader
{quote} this is a good indicator but it needs an alert put into it when price crosses 0 and also an option to have alert when price decreases thru the set level eg 0.3 so maybe alert true/false alert high (you say 0.3,,this gives you early warning its crossing 0) alert low ( again same as alert high,,,early warning) if you put alert high and low as 0 then it alerts on the cross of the 0 line
I haven't checked it out just yet, did you see what alerts it has yet?
  • #7,154
  • Jul 6, 2015 2:32pm Jul 6, 2015 2:32pm
Quoting XxLessoxX
{quote} I haven't checked it out just yet, did you see what alerts it has yet?
no alerts to it,but the first section "other time frames" is the first one we are using.

need alert coded as i said in post 7151

if not a better way
  • #7,155
  • Jul 6, 2015 2:33pm Jul 6, 2015 2:33pm
have a look at nzdjpy
  • #7,156
  • Jul 6, 2015 2:37pm Jul 6, 2015 2:37pm
dam good idea about hurst you came up with today devontrader,,,,,oh well thankyou very much,,,,kind of you to say so,,,thas alright,,,how did you get on today,,,oh well not good really .......take a look
Attached Image
  • #7,157
  • Jul 6, 2015 2:51pm Jul 6, 2015 2:51pm
No idea how they work or what the correct settings should be - found them in my mt4 archive.
Attached File(s)
File Type: ex4 Hurst Bands.ex4   13 KB | 352 downloads
File Type: mq4 Hurst Bands.mq4   4 KB | 393 downloads
  • #7,158
  • Jul 6, 2015 3:42pm Jul 6, 2015 3:42pm
Demo? Real?

Quoting devontrader
dam good idea about hurst you came up with today devontrader,,,,,oh well thankyou very much,,,,kind of you to say so,,,thas alright,,,how did you get on today,,,oh well not good really .......take a look {image}
  • #7,159
  • Jul 6, 2015 3:44pm Jul 6, 2015 3:44pm
Quoting harry23
Demo? Real? {quote}
that one today was real account
  • #7,160
  • Jul 6, 2015 4:16pm Jul 6, 2015 4:16pm
CONGRATS DT ! That qualifies you!! Big difference between demo traders and real ones.....

Good luck!!!

Quoting devontrader
{quote} that one today was real account
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