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00 Level Trading: EsikeM30Bomb

  • #401
  • Jul 20, 2015 3:46am Jul 20, 2015 3:46am
Quoting MosesNMY
Yomi. With ur sleeptight, is ur tail stop working? Just to confirm. Coz i'm trying to use trail stop at 5pips. Thanks.
Yes, it should be working. myself is trying some kind of trail stop, once I"m ok with it, I will share it.


Yomi
Time always comes before price
  • #402
  • Jul 20, 2015 3:50am Jul 20, 2015 3:50am
GBPUSD to BE = +10pips.

Trade Ideas:

1. This is the way to go with Stochs.


Cheers,
Yomi
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 57 KB
Time always comes before price
  • #403
  • Jul 20, 2015 3:52am Jul 20, 2015 3:52am
Quoting MosesNMY
Yomi. GBPUSD seems perfect for entry, but the pair have not sync, will u take this trade?

Yes, see my post 402
Time always comes before price
  • #404
  • Jul 20, 2015 3:55am Jul 20, 2015 3:55am
Quoting fxrabbi
GBPUSD to BE = +10pips. Trade Ideas: 1. This is the way to go with Stochs. Cheers, Yomi {image}
Not a problem that GBPUSD and GBPJPY were not in synch?
  • #405
  • Jul 20, 2015 3:59am Jul 20, 2015 3:59am
Quoting 4xgmp
{quote} Not a problem that GBPUSD and GBPJPY were not in synch?
Is good for them to be in sync, but I don't want to overlook what the stochs is telling me: full of strength and momentum.


Yomi
Time always comes before price
  • #406
  • Jul 20, 2015 4:22am Jul 20, 2015 4:22am
Quoting fxrabbi
{quote} Is good for them to be in sync, but I don't want to overlook what the stochs is telling me: full of strength and momentum. Yomi
Thanks Yomi. I actually also took that trade and I am happy I did.

I see we have to be flexible with the rules and at the same time be patient and wait for a good setup. A bit contradictory but I guess with experience we will figure out when to be flexible and when to be patient
  • #407
  • Jul 20, 2015 4:24am Jul 20, 2015 4:24am
Quoting 4xgmp
{quote} Thanks Yomi. I actually also took that trade and I am happy I did. I see we have to be flexible with the rules and at the same time be patient and wait for a good setup. A bit contradictory but I guess with experience we will figure out when to be flexible and when to be patient
That just the way to go......Thank you for reading my mind.


Yomi.
Time always comes before price
  • #408
  • Jul 20, 2015 4:27am Jul 20, 2015 4:27am
+20
Attached Image (click to enlarge)
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Trade With PDF & Wisdom
  • #409
  • Jul 20, 2015 4:28am Jul 20, 2015 4:28am
Another +20pips. Total 30pips.

My Stochs is talking............



Yomi
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Time always comes before price
  • #410
  • Jul 20, 2015 4:29am Jul 20, 2015 4:29am
Quoting fxrabbi
{quote} Yes, it should be working. myself is trying some kind of trail stop, once I"m ok with it, I will share it. Yomi
Yomi.

I set the tailstop 5 pips with ur EA sleeptight, but seems the BE not working.
Please advise.

Thanks.
Trade With PDF & Wisdom
  • #411
  • Jul 20, 2015 4:30am Jul 20, 2015 4:30am
In both cases GBP was all same color but not sync with GJ .

Was late with 2 nd entry, but still not clear about TP 20. It seems that prices must got without hesitation straight pass 10-11 pips mark otherwise always +10...

Would appreciate comments on this matter.
Attached Image (click to enlarge)
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  • #412
  • Jul 20, 2015 4:42am Jul 20, 2015 4:42am
Quoting snail69
In both cases GBP was all same color but not sync with GJ . Was late with 2 nd entry, but still not clear about TP 20. It seems that prices must got without hesitation straight pass 10-11 pips mark otherwise always +10... Would appreciate comments on this matter. {image}
Yes, you are right. But your entry suppose to be 1.55700.


Yomi
Time always comes before price
  • #413
  • Jul 20, 2015 4:44am Jul 20, 2015 4:44am
Quoting fxrabbi
{quote} Yes, it should be working. myself is trying some kind of trail stop, once I"m ok with it, I will share it. Yomi
great. i'm interested in TS settings for these trades also. -jason
  • #414
  • Jul 20, 2015 4:47am Jul 20, 2015 4:47am
Quoting MosesNMY
{quote} Yomi. I set the tailstop 5 pips with ur EA sleeptight, but seems the BE not working. Please advise. Thanks.
Is like when you set the tailing stop, the BE will not work, but make sure you lock-in your pips. I'm still doing some testing when I'm through I will let you know my position.


Yomi
Time always comes before price
  • #415
  • Jul 20, 2015 4:50am Jul 20, 2015 4:50am
Quoting bapakjason
{quote} great. i'm interested in TS settings for these trades also. -jason
ok
Time always comes before price
  • #416
  • Edited 5:46am Jul 20, 2015 4:57am | Edited 5:46am
This is the testing I'm doing/trying on EA, please do yours in demo too.

SL = 20
TP = 50
Use trail = true
pips profit to start trail = 20
Break even pips = 10
lock-in pips = 20
Use partial close = false.

NB: this setting is still on my demo, but i have close to TP on my real accounts. Any commments is welcome.


Yomi.


Edit: I'm thinking of changing the "lock-in pips to 10pips. everything is still under observation,
Attached Image (click to enlarge)
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Time always comes before price
  • #417
  • Jul 20, 2015 5:12am Jul 20, 2015 5:12am
Quoting fxrabbi
{quote} Is like when you set the tailing stop, the BE will not work, but make sure you lock-in your pips. I'm still doing some testing when I'm through I will let you know my position. Yomi
noted.
Trade With PDF & Wisdom
  • #418
  • Edited 6:30am Jul 20, 2015 6:16am | Edited 6:30am
Short/Sell Trade:


If we have a falling pink Wall (the pink line - HTFS) and the SkyBlue line - LTFS are to the left (inside) of the pink wall, the price will go down to some degree so long as this remains true.

* Always exit when ANY SkyBluue line emerges on the outside of the pink wall.

* Exit when SkyBlue lines converge or start creating a new wall.


No more questions on Stochastics:

This is the way to go on short/sell trade.



Yomi
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Time always comes before price
  • #419
  • Jul 20, 2015 6:44am Jul 20, 2015 6:44am
More Hint on Stochs:

The Fishnet - Stay out of trade.


Yomi.
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Time always comes before price
  • #420
  • Jul 20, 2015 7:19am Jul 20, 2015 7:19am
Quoting fxrabbi
This is the testing I'm doing/trying on EA, please do yours in demo too. SL = 20 TP = 50 Use trail = true pips profit to start trail = 20 Break even pips = 10 lock-in pips = 20 Use partial close = false. NB: this setting is still on my demo, but i have close to TP on my real accounts. Any commments is welcome. Yomi. Edit: I'm thinking of changing the "lock-in pips to 10pips. everything is still under observation, {image}
yes, i thought you would lock in 10pips and start trailing there. so, you could get 14 or so pips if price moves to about 18pips and then turns back . . . but i haven't observed enough to know what is best. thank you -jason
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