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Trading is as simple as ABCD

  • #9,361
  • Nov 16, 2015 7:50am Nov 16, 2015 7:50am
Quoting devontrader
{quote} personally i prefer murraymaths rather then sweetspot.I will say this....markets are about buyers and sellers...what moves the markets is imbalances.Goto youtube and look for san seiden
D/t I think we had agreed to help everyone on the thread you may be right, but if we give the guys ALL the tools then we show from time to time examples of them in use, would that not be a better and more helpful way, then as you say they could show us, as is now happening, there tools and how they use them. Never no it might let me explain about the train station and the driver, big station today and he is on strike again hahaha, come on mate do your stuff your good at it
  • #9,362
  • Nov 16, 2015 11:30am Nov 16, 2015 11:30am
Had ago at a BUY @ 1.5202 Stop 1.5180 no target yet
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  • #9,363
  • Nov 16, 2015 11:55am Nov 16, 2015 11:55am
Clive you know what I am searching for, pulled my Stop up to 1.5190
  • #9,364
  • Nov 17, 2015 1:57am Nov 17, 2015 1:57am
Nope, Stopped out for a loss of 11.9 pips, had the chance for a breakeven trade but was after a bigger fish
  • #9,365
  • Edited 8:33am Nov 17, 2015 2:23am | Edited 8:33am
and we're off on a new day . . .

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this one went against me, forced me to add a 2nd trade, too much of a range
and i'm calling it a day . . .

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  • #9,366
  • Nov 17, 2015 3:02am Nov 17, 2015 3:02am
Quoting bapakjason
and we're off on a new day . . . {image}
Well done!

Do you use a Manage Take Profit EA? If yes, which one you use? Thx and success!
  • #9,367
  • Nov 17, 2015 4:49am Nov 17, 2015 4:49am
Quoting OAPDave
Nope, Stopped out for a loss of 11.9 pips, had the chance for a breakeven trade but was after a bigger fish
Very difficult to do what you're after there Dave, trying to enter on lower timeframes then manage on the higher one, very , very difficult to get right. Its one of those things that looks very easy looking back but very difficult as you trade in real time.

Would be good to work out something but just so hard from practical experience you get up many times and it all goes back....or even worst as you found out trying to tip toe behind it and get a loser...
Feel the Fear and do it anyway!!!
  • #9,368
  • Nov 17, 2015 4:55am Nov 17, 2015 4:55am
[quote=clivepackham;8595854]{quote} Very difficult to do what you're after there Dave, trying to enter on lower timeframes then manage on the higher one, very , very difficult to get right. Its one of those things that looks very easy looking back but very difficult as you trade in real time. Would be good to work out something but just so hard from practical experience you get up many times and it all goes back....or even worst as you found out trying to tip toe behind it and get a loser...
  • #9,369
  • Nov 17, 2015 5:06am Nov 17, 2015 5:06am
Quoting MarkFX77
{quote} Well done! Do you use a Manage Take Profit EA? If yes, which one you use? Thx and success!
I'm only going for 5pips. Here's the scripts and EA to trail/BE. For the scripts to work, you need to use the "set" script first to get the settings you like. I use % risk and not a set lot size, that way it compounds correctly. Good luck and have fun ! -Jason

Attached File(s)
File Type: ex4 SetUdinesGlobals.ex4   5 KB | 443 downloads

Attached File(s)
File Type: ex4 UdinesGlobalInstantBUYStop50.ex4   7 KB | 432 downloads

Attached File(s)
File Type: ex4 UdinesGlobalInstantSELLStop50.ex4   7 KB | 396 downloads

Attached File(s)
File Type: mq4 Wheelbarrel Trailing_v1.2.mq4   3 KB | 446 downloads
  • #9,370
  • Nov 17, 2015 6:47am Nov 17, 2015 6:47am
Quoting clivepackham
{quote} Very difficult to do what you're after there Dave, trying to enter on lower timeframes then manage on the higher one, very , very difficult to get right. Its one of those things that looks very easy looking back but very difficult as you trade in real time. Would be good to work out something but just so hard from practical experience you get up many times and it all goes back....or even worst as you found out trying to tip toe behind it and get a loser...
Clive/DT Been out most of the morning just got back, I had left a live sell in the market entry was 1.5177 price was at 5160 when I went out, got a stop in at breakeven as you can see I have got stopped out, so please do not worry about me having a 12 pip loss, I just play the game different than you guys. Clive you often mention all trends start from 1 min well I think all trends start from a number/price most times I enter a trade with a 31 pip initial stop to give the trade chance to breath and I believe that I have a fair edge were/when turning points will happen (far from 100% I accept) its served me well for a long time. You and the guys bang along with this 5pips stuff and I have to say it as merit and some guys on here are very very good at it and a big well done to them, but its not for me as you know. Enough rambling from me Clive just leave you with this, you know were I would be in a BUY from now and I did say clearly I was trying to take a flyer before the signal even my early trade today was before the correct signal. D/t not to sure why you repeated Clives quote could you please explain the reason I think I am missing something
  • #9,371
  • Nov 17, 2015 9:12am Nov 17, 2015 9:12am
Quoting bapakjason
{quote} I'm only going for 5pips. Here's the scripts and EA to trail/BE. For the scripts to work, you need to use the "set" script first to get the settings you like. I use % risk and not a set lot size, that way it compounds correctly. Good luck and have fun ! -Jason {file} {file} {file} {file}
Hi Jason!

Thank you!
  • #9,372
  • Nov 18, 2015 2:53am Nov 18, 2015 2:53am
new day for getting pips.
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  • #9,373
  • Nov 18, 2015 3:08am Nov 18, 2015 3:08am
Looks like some news took gbp up but I looked twice and never saw anything listed.

Anyway I think this trade is worth posting even if it ended up at just above BE. Sold GA, clean AB move lower, GA top of TT and 4 of top 8 were GBP weak pairs. Good angle and separation on ma's. After entry the GBP weakness left and only GA was sitting at top of TT. I was aware we sold into a SR level but the small reaction to it suggested level would fail.

The strength/weakness across the board that I like to see was completely gone so when we came back to test entry (which I'd normally leave) for the first time I though it sensible to exit.
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  • #9,374
  • Nov 18, 2015 3:15am Nov 18, 2015 3:15am
Clive /Devontrader, Thought I had better bank one after your concern
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  • #9,375
  • Nov 18, 2015 3:38am Nov 18, 2015 3:38am
Quoting bapakjason
new day for getting pips. {image}
Jason, why did you enter after the second pullback? Why did you not enter in the first?
Thanks.
  • #9,376
  • Nov 18, 2015 4:01am Nov 18, 2015 4:01am
Hi Guys,

this week I focused 100% on this system without watching any other BS. Since Monday 15 trades - 15 winners.

Going good so far. Btw, max stop loss I had on every trade was -10 pips, mostly even less, something like -5 to -7 pips.

Due to this small risk I could increase my lot sizes quite nicely. End of the game, $3.100 in the pocket for three days.

Since I skipped to watch all other stuff and keep it simple with as little indicators as possible it became more profitable.

Success and good rest of the week!
  • #9,377
  • Nov 18, 2015 4:14am Nov 18, 2015 4:14am
Quoting MarkFX77
Hi Guys, this week I focused 100% on this system without watching any other BS. Since Monday 15 trades - 15 winners. Going good so far. Btw, max stop loss I had on every trade was -10 pips, mostly even less, something like -5 to -7 pips. Due to this small risk I could increase my lot sizes quite nicely. End of the game, $3.100 in the pocket for three days. Since I skipped to watch all other stuff and keep it simple with as little indicators as possible it became more profitable. Success and good rest of the week!
Simple is good.
  • #9,378
  • Nov 18, 2015 4:57am Nov 18, 2015 4:57am
Quoting floydiano7
{quote} Jason, why did you enter after the second pullback? Why did you not enter in the first? Thanks.
I was wondering if that would be noticed, haha. Good question. The answer is I did take the first pullback at that same level. It moved to +3.4pips and kicked in my trailing stop (set at 3pips). Then price went back down and canceled the trade (this is why the pip-o-meter shows a ".4"). When price went back down I re-entered and it went up again for my 5pips. Funny, I did the same thing on two accounts with the same result. if you mean the very first pullback in the trend, down where price came back to the 50 level and touched the MA, I was wishing I had entered there. However, it was the transition between Frankfort open and London open. I was uncertain about the uptrend continuing.
  • #9,379
  • Nov 18, 2015 4:58am Nov 18, 2015 4:58am
Quoting MarkFX77
Hi Guys, this week I focused 100% on this system without watching any other BS. Since Monday 15 trades - 15 winners. Going good so far. Btw, max stop loss I had on every trade was -10 pips, mostly even less, something like -5 to -7 pips. Due to this small risk I could increase my lot sizes quite nicely. End of the game, $3.100 in the pocket for three days. Since I skipped to watch all other stuff and keep it simple with as little indicators as possible it became more profitable. Success and good rest of the week!
Sounds great to me!
  • #9,380
  • Edited 5:28am Nov 18, 2015 4:59am | Edited 5:28am
Quoting Vantage
Looks like some news took gbp up but I looked twice and never saw anything listed. Anyway I think this trade is worth posting even if it ended up at just above BE. Sold GA, clean AB move lower, GA top of TT and 4 of top 8 were GBP weak pairs. Good angle and separation on ma's. After entry the GBP weakness left and only GA was sitting at top of TT. I was aware we sold into a SR level but the small reaction to it suggested level would fail. The strength/weakness across the board that I like to see was completely gone so when we came back to test entry...
I did not see any news listed beforehand either . .

Edit: oops, failed to add the word 'not'.
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