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00 Level Trading: EsikeM30Bomb

  • #721
  • Aug 8, 2015 5:40am Aug 8, 2015 5:40am
Quoting fxrabbi
{quote} Basically there are two (2) ways that you can use the talking Stochs: 1. The Rope. 2. Where Pink lines will form a wall and skyblue will form some lines (spread) rising or falling behind the pink wall. NB: It is better to stay out of the market when the stochs form fishnet. I prefer stochs break at above or below the 50 level/line. I can see both on your illustration chart. Yomi.
Thanks bro,
Please can you use his chart or any other charts to illustrate the 2 ways/points ( talking stochs)?
Many thanks bro!
Oceanic
  • #722
  • Edited 6:27am Aug 8, 2015 5:56am | Edited 6:27am
Quoting oceanic
{quote} Thanks bro, Please can you use his chart or any other charts to illustrate the 2 ways/points ( talking stochs)? Many thanks bro! Oceanic

Type 1:

1. Chart 1 - The rope

* you can do both short and long with it.


Type 2:

2. Chart 2- falling pink wall and skyblue forming spread/lines also falling - short/sell.

3. Chart 3 - rising pink wall and skyblue forming spread/line also rising - long/buy.



NB: I prefer them at the break of 50 level above or below.




Yomi.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_8.png Size: 31 KB
Click to Enlarge Name: 1.png Size: 31 KB
Click to Enlarge Name: My Stochs Talking....png Size: 42 KB
Time always comes before price
  • #723
  • Aug 8, 2015 7:09am Aug 8, 2015 7:09am
Quoting fxrabbi
{quote} Type 1: 1. Chart 1 - The rope * you can do both short and long with it. Type 2: 2. Chart 2- falling pink wall and skyblue forming spread/lines also falling - short/sell. 3. Chart 3 - rising pink wall and skyblue forming spread/line also rising - long/buy. NB: I prefer them at the break of 50 level above or below. Yomi. {image} {image} {image}
Eshe Yomi
Oceanic
  • #724
  • Aug 8, 2015 9:23am Aug 8, 2015 9:23am
Quoting fxrabbi
{quote} Presently all my trades are taken at 2% , yes I use script that does that. Yomi
fxrabii...

if you can... can you share it ?

thanks.
  • #725
  • Aug 8, 2015 3:45pm Aug 8, 2015 3:45pm
Quoting NewToForex14
{quote} fxrabii... if you can... can you share it ? thanks.

Here is it:
Attached File(s)
File Type: mq4 EsikeM15Bomb-BUY-MarketPrice.mq4   2 KB | 415 downloads
File Type: mq4 EsikeM15Bomb-SELL-MarketPrice.mq4   2 KB | 387 downloads
Time always comes before price
  • #726
  • Aug 8, 2015 6:07pm Aug 8, 2015 6:07pm
Quoting fxrabbi
{quote} Here is it: {file} {file}

thank you...
  • #727
  • Aug 9, 2015 6:59pm Aug 9, 2015 6:59pm
Do appreciate all the info fxrabbi- still can't seem to get the eurjpy and gbpjpy squares to light up on the PsyLevels Dashboard after several weeks of using it---
anyone have any hints?


many thanks....

P.S. if i can contribute something that I think is Essential to traders.... find a filtering system to keep you OUT of bad trades... it is the only way to survive I have found
  • #728
  • Aug 10, 2015 2:30am Aug 10, 2015 2:30am
Quoting fxrabbi
{quote} Here is it: {file} {file}
Dear Yomi,
How do you make use of ''Last: 10 current: 10'' ?
Kindly explain to us.
Thanking you in advance.
Be Happy
  • #729
  • Aug 10, 2015 3:08am Aug 10, 2015 3:08am
Hi, I'm interest with this thread. I tried the system today, but it kinda busted. Please look at my chart, is there any mistakes with my entry?? or is it just a bad luck?

ADR, ATR are green. All candle timeframe are blue. pair also sync. strength also good when I'm entry.

Thank you.
Attached Image (click to enlarge)
Click to Enlarge Name: 00.jpg Size: 211 KB
  • #730
  • Aug 10, 2015 3:33am Aug 10, 2015 3:33am
Good Morning

GBPUSD +8.5 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 01.png Size: 19 KB
  • #731
  • Aug 10, 2015 3:41am Aug 10, 2015 3:41am
Quoting Biggboss
Good Morning GBPUSD +8.5 pips {image}
is the pair sync not necessary?? only GBPUSD that red.
  • #732
  • Aug 10, 2015 3:47am Aug 10, 2015 3:47am
Quoting Biggboss
Good Morning GBPUSD +8.5 pips {image}

Arise and repeat


Yomi.
Time always comes before price
  • #733
  • Edited 4:20am Aug 10, 2015 3:58am | Edited 4:20am
Quoting naifos
Hi, I'm interest with this thread. I tried the system today, but it kinda busted. Please look at my chart, is there any mistakes with my entry?? or is it just a bad luck? ADR, ATR are green. All candle timeframe are blue. pair also sync. strength also good when I'm entry. Thank you. {image}



I'm very sure you didn't look at the talking Stochs....If you did, I'm very sure you will not take that trade.

Please makes the talking Stochs as your trade filter.......

See the attached chart.


Yomi.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 66 KB
Time always comes before price
  • #734
  • Edited 7:26am Aug 10, 2015 4:03am | Edited 7:26am
Quoting naifos
{quote} is the pair sync not necessary?? only GBPUSD that red.
I also look at it too, but this is what I got:

GBPUSD to S TP +2pips.



Yomi.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 46 KB
Time always comes before price
  • #735
  • Aug 10, 2015 4:46am Aug 10, 2015 4:46am
Quoting fxrabbi
{quote} I'm very sure you didn't look at the talking Stochs....If you did, I'm very sure you will not take that trade. Please makes the talking Stochs as your trade filter....... See the attached chart. Yomi. {image}

I see.. thank you for your explaination..
I'll try in next setup..
  • #736
  • Aug 10, 2015 5:45am Aug 10, 2015 5:45am
Quoting naifos
{quote} I see.. thank you for your explaination.. I'll try in next setup..



Furthermore, please check post 722 for better understanding of the talking Stochs.


Yomi.
Time always comes before price
  • #737
  • Edited 7:40am Aug 10, 2015 6:12am | Edited 7:40am
Quoting allhappy
{quote} Dear Yomi, How do you make use of ''Last: 10 current: 10'' ? Kindly explain to us. Thanking you in advance. Be Happy

I will explain with this illustration:

ATR (480): 20 - This mean average size of each candle for the past 10 days is 20pips.


And one of our tradings rules (Rule 10) says:

Rule 10: Do not enter trades when the size of the last candle is more than double the ATR of that pairs for that day.

As in your own case:

Last: 10 current: 10 - This mean the last candle is 10pips and the ATR for that day is 20pips, that mean we can go ahead to trade that pair because it still fall with the range.


But in another case:

Last: 58 current: 12 - In this mean the last candle is 58pips and the ATR for that day is 20pips, this means the size of the last candle has double the size of the ATR for that day and it will show red and we shall not take this type of setups, because it has breach our Rule 10.

NB: We don't have anything to do with "current" because we can only base our decision on close candle.

I hope this is clear now, but if not let me know.

Yomi.
Time always comes before price
  • #738
  • Aug 10, 2015 8:13am Aug 10, 2015 8:13am
EURJPY -20 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 02.png Size: 38 KB
  • #739
  • Aug 10, 2015 8:20am Aug 10, 2015 8:20am
Hello, I am a big fan of this thread and method. I'm still learning - was it a good entry?
Attached Image (click to enlarge)
Click to Enlarge Name: trade1.jpg Size: 273 KB

Cheers
  • #740
  • Aug 10, 2015 8:29am Aug 10, 2015 8:29am
Quoting Biggboss
EURJPY -20 pips {image}

Are you not looking at the talking Stochs at all.

Please take this into consideration when next you want to take your next trade and study post 722.


Yomi
Time always comes before price
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