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High Probability Insight: Day-Trade Daily Momentum on M1/M5TF

  • #261
  • Oct 1, 2015 7:33am Oct 1, 2015 7:33am
Quoting Hercs
{quote} ==== Apologies for the late reply O_Jay. Yes, I have the latest 840 Build MT4. Best wishes.
No problem at all Hercs!

If you do have the latest version, there's a good reason to believe that you can install all the indicators through your MQL4 Folder... Everything works just fine for me tho....

I hope that you find a way to make it work and hopefully enjoy this great system!

Kind Regards,

Jay
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #262
  • Oct 1, 2015 7:39am Oct 1, 2015 7:39am
Strength Scale New York Update:

Thursday, October 1st, 2015

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2015-10-01 07.36.44.png Size: 98 KB



1. AUD
2. NZD
3. JPY

6. EUR
7. USD
8. CHF
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #263
  • Oct 1, 2015 7:49am Oct 1, 2015 7:49am
My Potential Daily New York Watchlist :

1. AUD/CHF , M5TF - Market Sentiment: Bullish - I will be looking to place a Long Trade Only
2. AUD/USD , M5TF - Market Sentiment: Bullish - I will be looking to place a Long Trade Only
3. EUR/AUD , M5TF - Market Sentiment: Bearish - I will be looking to place a Short Trade Only

4. NZD/CHF, M5TF - Market Sentiment: Bullish - I will be looking to place a Long Trade Only
5. NZD/USD, M5TF - Market Sentiment: Bullish - I will be looking to place a Long Trade Only
6. EUR/NZD, M5TF - Market Sentiment: Bearish - I will be looking to place a Short Trade Only

7. CHF/JPY, M5TF - Market Sentiment: Bearish - I will be looking to place a Short Trade Only
8. USD/JPY, M5TF - Market Sentiment: Bearish - I will be looking to place a Short Trade Only
9. EUR/JPY, M5TF - Market Sentiment: Bearish - I will be looking to place a Short Trade Only


Trade Logic

#1 Identify the Current Market Trend or Market Sentiment
#2 Wait for the Exact Signal that matches the Trend
#3 Execute the Trade

Goals:

We are trying to make close to 25-50pips Profit per Trade, and look to risk between 15-25pips
(Stop-Losses are manageable when you trail them )

Note: The Daily Market Sentiment can change at any given moment, so it's best to follow the Current Trend and make some pips.
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #264
  • Oct 1, 2015 7:55am Oct 1, 2015 7:55am
Note:

Keep your eyes Open on Potential News Events for the rest of the Day, especially during the Asian Session

* AUD ------Retail Sales

* EUR----------ECB President Mario Draghi Speaks

Attached Image (click to enlarge)
Click to Enlarge Name: ThursNewsEvents1.png Size: 39 KB
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #265
  • Oct 1, 2015 8:17am Oct 1, 2015 8:17am
AUD/CHF, M15TF Insight:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2015-10-01 08.15.38.png Size: 103 KB
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #266
  • Oct 1, 2015 8:25am Oct 1, 2015 8:25am
AUD/USD, M15TF Insight:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2015-10-01 08.23.44.png Size: 100 KB
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #267
  • Oct 1, 2015 8:30am Oct 1, 2015 8:30am
Quoting OctaveJay509
{quote} No problem at all Hercs! If you do have the latest version, there's a good reason to believe that you can install all the indicators through your MQL4 Folder... Everything works just fine for me tho.... I hope that you find a way to make it work and hopefully enjoy this great system! Kind Regards, Jay
Jay, I found the mq4 versions and forgot to mention that to you. Sorry.
Enjoying the system too.

Best wishes,
Hercs
  • #268
  • Oct 1, 2015 8:34am Oct 1, 2015 8:34am
Quoting Hercs
{quote} Jay, I found the mq4 versions and forgot to mention that to you. Sorry. Enjoying the system too. Best wishes,
Way to go Hercs!!!

Thanks. I am very happy for this great news....

Jay
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #269
  • Oct 1, 2015 8:37am Oct 1, 2015 8:37am
EUR/AUD, M15TF Insight:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2015-10-01 08.36.43.png Size: 99 KB
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #270
  • Oct 1, 2015 8:50am Oct 1, 2015 8:50am
NZD/CHF, M15TF Insight:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2015-10-01 08.49.39.png Size: 100 KB
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #271
  • Oct 1, 2015 9:05am Oct 1, 2015 9:05am
A Quick Update on AUD/USD, M15TF Long Trade...

Price Action is trading at a Major Resistance Level, and I know this is a bit risky but I decided to go Long anymore, because the Overall Market Trend is in the same Direction at the Daily Market Sentiment.....

Profit Target is at a Fibonacci Extension Level 261.8% (0.71321)

If I get stopped out, I will find a better Entry through a Small Retracement unless the Trend changes completely.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2015-10-01 09.04.39.png Size: 103 KB
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #272
  • Oct 1, 2015 9:09am Oct 1, 2015 9:09am
NZD/USD, M15TF Insight:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2015-10-01 09.08.55.png Size: 99 KB
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #273
  • Oct 1, 2015 9:19am Oct 1, 2015 9:19am
EUR/NZD, M15TF Insight:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2015-10-01 09.18.23.png Size: 106 KB
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #274
  • Oct 1, 2015 9:22am Oct 1, 2015 9:22am
CHF/JPY, M15TF Insight:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2015-10-01 09.22.14.png Size: 98 KB
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #275
  • Oct 1, 2015 9:28am Oct 1, 2015 9:28am
USD/JPY, M15TF Insight:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2015-10-01 09.27.22.png Size: 97 KB
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #276
  • Oct 1, 2015 9:39am Oct 1, 2015 9:39am
EUR/JPY, M15TF Insight:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2015-10-01 09.39.13.png Size: 96 KB
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #277
  • Oct 1, 2015 9:56am Oct 1, 2015 9:56am
Note:

AUD is showing a lot of weakness right now, and since my Long AUD/USD is currently down -25pips,

I decided to hedge with a Short Trade on AUD/CHF....

At least, I am expecting to get out with a small Loss or a small Profit....

Let's see how it turns out:
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2015-10-01 09.53.20.png Size: 108 KB



Remark: I anticipate some kind of a Pattern Formation on AUD/CHF and with that Bearish Divergence, I have more reason to believe this pair
might go Lower...

Best Case Scenario: AUD Weakens / CHF Strengthens
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #278
  • Oct 1, 2015 10:07am Oct 1, 2015 10:07am
Last Update on AUD/USD, M15TF Long Trade.

I get stopped out on this trade....
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #279
  • Oct 1, 2015 10:13am Oct 1, 2015 10:13am
​BoJ Official: Little Immediate Need For Additional Stimulus Seen

I am not sure if this is a real News or Rumor, but I noticed EUR is the Strongest right now, so I took a small Long Position
on EUR/JPY.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2015-10-01 10.12.32.png Size: 100 KB
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #280
  • Oct 1, 2015 1:59pm Oct 1, 2015 1:59pm
Hi,

Where can I get a copy of the "deep bar indicator" & "npcp_htchopfree "?

Many thanks!
kevinfxtrader blogspot com; 50 PIPS Per Day
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