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Forex | The World of Johnny Kobol 007

  • #181
  • Oct 20, 2015 5:06pm Oct 20, 2015 5:06pm

Understand Session/Time


How do you know ,make trades in hour ,or other hour is not the same.
Of course this is not a pattern.
Bug in the long term ,this is a good good strategy/review.

http://market24hclock.com/strategy.html

Of course this is not a pattern
But my brain in on this matter see the things like that:
OR Average view:

Beginning of the month: Bad day
Monday: Bad Day
Tuesday: Good Day
Wednesday: Medium Day (dont have a clear opinion)
Thursday: Medium Day ( Dont have a clear opinion)
Friday: Bad day

(now in average view now beginning to change a bit ,positive )

Post 60
  • #182
  • Oct 20, 2015 5:48pm Oct 20, 2015 5:48pm
nzd usd this appear a standard signal h4 d1

but h1 it is not to play

Landline do you have some point for area overbought ?
if yes if not tks in advance

Area overbought up
Area overbought down

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  • #183
  • Oct 20, 2015 5:57pm Oct 20, 2015 5:57pm

Price action lines

NZD USD
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  • #184
  • Oct 20, 2015 7:50pm Oct 20, 2015 7:50pm
i put more pairs LOL
testing lotspips
If blue lines are in down i think this is the one good trade.
i can wait a bit

but i go let see eheh

done for today
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  • #185
  • Oct 21, 2015 3:42am Oct 21, 2015 3:42am
Hi all

Here's another example AU short this time, where I've added on trades once I was in decent profit from the initial order using the basic method outlined to add.

I knew from the h4 chart I wanted to go short from the start, and used m30 to take entry signals in this case.

Yellow horizontal lines are the 3 orders, white are s/l and t/ps.

All positions have had a chunk of profit already taken, all stops now managed on remaining positions are be +. A perfect series of trades zero pressure now, now nothing much more to do and just see whether ultimate target is reached

The point here is that the initial order once in decent profit and a big slice taken, allowed me to cheaply add further positions with little risk. Now of course there is no risk. Hope you all see my point.

Cheers

LL

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  • #186
  • Oct 21, 2015 4:44am Oct 21, 2015 4:44am
Here's an NU h1 chart with another live trade I'm involved in, the pa shape was good and had the "snap" look about it, anyway the entry signal was sharp but good.

Again, I've already taken the lions share off the table (95 pips), I've adjusted s/l to be +40 on remainder.

It's a freebie now and again zero pressure, not much for me to do now except see whether an add on opportunity presents itself....depending on the pull back level.

Cheers

LL
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  • #187
  • Oct 21, 2015 6:20am Oct 21, 2015 6:20am
Quoting kobol007
nzd usd this appear a standard signal h4 d1 but h1 it is not to play Landline do you have some point for area overbought ? if yes if not tks in advance Area overbought up Area overbought down {image}
Hi K

I'm not exactly sure what you are asking, but as you may know, the dominant pa direction is controlled by a higher t/f. So, with that in mind, it is obviously ideal to know what bias the higher t/f has. If there is a contradictory signal in a lower t/f, let's say m30 shows long, and h4 shows short for example, then you have a simple decision to make ie if you choose to take the m30 long signal on, which is perfectly fine, then just be aware that your profit expectations should be lowered. On the other hand, if your m30 signal happened to correspond to the h4 bias, then you have a much better probability of increasing you profit expectations.

Note, either way, your s/l should always be the first consideration....and once you know your risk, then you should have no complaints if the s/l is hit....it happens! and if it is hit, then the s/l did it's job and simply tells you that a) you got your trade direction signals completely wrong b) you made your s/l too tight to allow breathing room, c) the market reacted unexpectedly.

It will be one of those 3 (at least)

Winning and losing is part of the game remember, no trade is guaranteed. When it becomes a losing trade, then we must assess our entry, and s/l levels, and if they were fine, yet it still lost, then don't lose any sleep on that, the trade was right in all respects, but the market thought differently on that occasion that's all.....just play the probabilities and overall you will profit consistently.

Cheers

LL
  • #188
  • Oct 21, 2015 6:30am Oct 21, 2015 6:30am
Quoting Landline
{quote} Hi K I'm not exactly sure what you are asking, but as you may know, the dominant pa direction is controlled by a higher t/f. So, with that in mind, it is obviously ideal to know what bias the higher t/f has. If there is a contradictory signal in a lower t/f, let's say m30 shows long, and h4 shows short for example, then you have a simple decision to make ie if you choose to take the m30 long signal on, which is perfectly fine, then just be aware that your profit expectations should be lowered. On the other hand, if your m30 signal happened...
yes sir
  • #189
  • Oct 21, 2015 6:32am Oct 21, 2015 6:32am
Good stuff LL, trying some settings for an alert that will signal when 45 slope direction moves out of MA's May give a heads up, or it may be annoying will test it to see.
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  • #190
  • Oct 21, 2015 7:01am Oct 21, 2015 7:01am
gbp jpy sl hit
afk is always a high risk eheh
my trade i think is a good entry but fail.
nice cross formation/shape,entry in begin of the trend.
m30 appear good info for undersand if will continue or not.
good opposition cross.

cheers
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  • #191
  • Oct 21, 2015 7:36am Oct 21, 2015 7:36am
Quoting Jhlewis10
Good stuff LL, trying some settings for an alert that will signal when 45 slope direction moves out of MA's May give a heads up, or it may be annoying will test it to see. {image}
good stuff tks
  • #192
  • Oct 21, 2015 7:47am Oct 21, 2015 7:47am
Quoting Jhlewis10
Good stuff LL, trying some settings for an alert that will signal when 45 slope direction moves out of MA's May give a heads up, or it may be annoying will test it to see. {image}

you and me appear the only person ,want undersand well or try put more info for my easy identify .LandLine Style.

today im afk.

I will make some tests if you want too

It has some funny lines

cheers
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Attached File(s)
File Type: rar forex-trend-dominator.rar   8.7 MB | 237 downloads
  • #193
  • Oct 21, 2015 7:56am Oct 21, 2015 7:56am
Quoting kobol007
gbp jpy sl hit afk is always a high risk eheh my trade i think is a good entry but fail. nice cross formation/shape,entry in begin of the trend. m30 appear good info for undersand if will continue or not. good opposition cross. cheers {image}
According to my charts, and bearing in mind what I was saying about taking on a counter trade against the main bias, then I would have reduced ny expectation level for that trade.

In other words, h4 bias is up, and yes you got a perfectly good m30 sell signal, BUT you are against the main bias, which means you should reduce target expectation, which would probably have given you a profitable trade instead.

Here's my h4 chart and m30 charts. It will become obvious when analysed hopefully

Cheers

LL

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  • #194
  • Oct 21, 2015 10:25am Oct 21, 2015 10:25am
CS helps to see the big picture.
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  • #195
  • Oct 21, 2015 12:39pm Oct 21, 2015 12:39pm
Quoting Jhlewis10
CS helps to see the big picture. {image}
good pips if once in a while ,share your prints

tks yes/no in advanced
  • #196
  • Oct 21, 2015 1:05pm Oct 21, 2015 1:05pm
gbp nzd h1 good look
h4 errr

maybe 23.6 % when touch h1
start formation in h4
if not bye bye trade :nerd:
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  • #197
  • Oct 21, 2015 1:21pm Oct 21, 2015 1:21pm
aud chf

this appear better them gbp nzd
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  • #198
  • Oct 21, 2015 1:31pm Oct 21, 2015 1:31pm
eur jpy
h1 f*** beautifull
h4 errrr
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  • #199
  • Oct 21, 2015 1:38pm Oct 21, 2015 1:38pm
My friends
kobol in farm i m tired.
champions league time
i return
when it's over

GO GO GO BENFICA
  • #200
  • Oct 22, 2015 7:54am Oct 22, 2015 7:54am
Quoting Landline
{quote} Hi J Well spotted, I have 1 position short on GC pretty much same entry as yours. I also want to show anyone that's interested a slightly different set up developing on GU hi which I like when the conditions suit, it is generally similar to what I look for normally , but in this instance I may not be around to catch a particular trigger signal as we have discussed on this thread, so I have 3 pending shorts. We can see on the pa lines that it is basically in a range, and has been for a while as per white rectangle. It is going to break, and...
Hi all

Some may recall the attached PO I placed in anticipation a couple of days back.

It triggered today and snapped down to tp 1 for 50 pips. Stops on remaining 2 positions adjusted now to minimise any immediate pull back, but will be a free ride if/when tp2 is achieved first.

It is an example of a patient observation as I advised, then get a plan in place and trade that plan.

Whether tp2 and tp 3 are hit remains to be seen, but tp2 is looking good.

Cheers

LL

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