Forex | The World of Johnny Kobol 007

Another win put USDCAD 15 min. Entry first RED and line Exist second RED line.Want to know more about higher time frame context.

I have taken all this trade because in 5 minute chart price is near overbsold or overbaought zone. So taken this call and put

Sometime I take one 1 EMA high or low line cross 4 EMA. Some time I wait both the line cross 4 EMA then take the trade.

yeaaaah

Well Landline style is on this thread.

And for respect this new level of analysis. "Price action lines"

You'll have to be create your style.
Fibo values or ma values i'm not telling.

a tip first pages.

others indicators yes.


I put landline style , because i not got well with swing.

them go to binary options.bad again.

and now back to forex, i am study strategy for scalp

the true i work a good hours with this style , but it looks like few hours.

I will return the mother base Landline Style.

I put many indicators in this lines lol. like Christmas tree.

semaphore i test too eheh.


i tried to search a good indicators ,non repaint.

I am still very white in this tests.

Marvin non repaint
Maybe statistic

keltner Channel Pro

i test some ea and keltner channel have the best results.(but i do no , i dont like ea i think)

But i true believe this is have potencial . I like this break channel.why?
these stars are break channel present not past...

In this days i am standby but i will return for intensive testing

cheers

Kobol

my idea of pattern

Post 440
Post 458

(trend +-)
Post 460

well my test in swing is like h4 ,d1 ,w1

This is swing .

what you looking for ? tendency.

what is tendency?

Strong S/R or a good Toll because High timeframes is better low timeframes.
(a good support in m1 (never ) , a good support w1 (maybe 80 % good )

Toll
Signs of reversal
harmonic in o fib h4 d1 , w1. for catch the trend for beginning
Hair cross based in vectors. Strong points of reversal.

this is what you looking for.
i have good examples of swing trades in old pages ,check when you have time is a good stuff.

Scalp is more hard .

timeframes h1,m30,m15,m5,m1...

why is more hard ?

because here we are looking for amount of buyers ,sellers.

and we do not have access of all volume in forex.

Some people have acess "brooker prime " like deposit 50 k like a % 15% of all volume forex.

But strong points in h1 the thing can happen . 50% analysis 50% volume.

why i will try scalp.

because the strategy is more low sl medium profit. 1 for 2.

Global vision

Forex is equal.

(buyers) (sellers) Price High

1 + 1 = 1

1 + 0 = 2

1 + 1,2 =1,2

1 + 0,2 =1,8

(sellers) (buyers) Price Low

1 + 1 = 1

1 + 0 = 2

1 + 1,2 = 1,2

1 + 0,2 = 1,8

this is the total of volume forex.

now imagine these values / 300

like many brookers /many banks

but its works like that.

Swing vs scalp

Swing
average sl 150 pips
average tp 200/300 pips
volume low important , because you have pike but the end sl dont hit and the tendency is there and will continue until the tp
good analysis of news ,make your plan ,try make your trade , in a week quiet/news medium
open position like 1 week 2 week.

Scalp
average sl 15 pips
average sl 20/30 pips
volume very important ,this is a moment you catch or not.
agressive scalper trade the news before ,after...
conservative scalper 30 minutes before/after dont trade.
you are looking for a mini tendency .(retracament close london , open markets etc..)
open position 1 minute to 24 hours.

Cheers

Kobol

M_W_D pivot lines are squeezed

Interessing pivots ,helps identify where is the price .
For scalp appear a good tool of analysis.

Post 4,595

kobol

yesterday analyzed better your strategy.
very interesting .
tks for the post.
i was in the mood .like return the test eheh.

i have other thread only binary options.
i saw you use fibcc2.
if you are looking for a "trend confirmation "
I can suggest

Post 48

cheers

Kobol

My idea for swing NZD CAD

Mostly , a few months ago ,my analysis it was made in weekend,.

but this days 3/4 days close market...it may a bad idea.

but what i am looking for ?

Signs for the next week.

This is most likely going to happen .when ?
can be monday or friday lol.

But at least already it is a start.

Cad have a good pik last week

But this pike might be the hour of death.

And if it happens

This is catch trend for the beginning..

In old analysis , i got the idea , h4 for this type of swing , maybe it is not a good ideia .

D1 , W1 is high high timframes , maybe h4 is only high timeframe.

i need more tests ...

Leet see

Cheers

Kobol

well all day in binary options, a bit standby forex. but i open my swing nzd cad.

lets see if i win or lose i will publish the results/time.

sl 172 pips
tp 1 222 pips
tp 2 411 pips
tp 3 687 pips

Time to trade

* i really like this stuff
* i am sorry dont post thread ,but i dont remember the name of Thread


First of all, even before we open any charts we have to decide - is it the right time for trading? If it is not - we just don't trade, just that simple! It sounds funny, but if the trader doesn't know when he'd better stay out of the market, he's gonna lose!

There are days when the market is too "thin". We'd better stay out of the market on big holidays (New Year, Good Friday, 4th of July, Labor Day, Thanksgiving Day, Cristmas) and on bank holidays.

There are news that can screw up any trading. I don't trade Non-Farm Fridays (the whole day).

There are news that are important and we'd better watch out. I recommend to stop trading 30-60 minutes before the important news and stay out of the market for at least one hour after the news. For me the important news are: Unemployment Claims, important meetings and important press-conferences (BOJ, Draghi, Bernanke etc.). That's it! I don't think all so called "red news" are important! Only high-impact news are important! And, of course, if you trade a currency like AUDUSD, GBPUSD etc. you have to watch out for this currency's rate change, for a particular currency that would be a high-impact news too!

Time of the day is very important too! I personally usually trade from approximately 11:30 PM EST to 11:00 AM EST, I try not to open any new trades after 10:00 AM EST. I think if you trade EURJPY or GBPJPY you can start even much earlier, maybe at 7:00 PM EST. But whatever you trade I don't recommend trading between 11:00 AM EST and 7:00 PM EST. Yes, there are days when you can make very good pips trading in the afternoon, but usually after the Europe is closed and America goes to lunch the market becomes "thin", you don't want to trade at this time.

And, of course, you don't want to trade when the market is ranging! With Babon we have to goals:
a). When it is trending our goal is to make a very good amount of pips (but don't be too greedy).
b). When it is ranging our goal is not to lose (play it safe).

Now about this greed. I recommend to have two daily goals, the moderate one and the big one. For example my moderate daily goal is 50 pips and my big daily goal is 100 pips. If it is a bad, difficult day, I try to make my 50 pips and then I just watch the market. If the situation improves - I go ahead, if not - I have at least my 50 pips. If it is a good trendy day, I try to make 100 pips, and after that I usually stop trading. Yes, sometimes I break this rule if I know that tomorrow will be a difficult day, but that's it.

So, when you decide to trade or not to trade, you have to take into the consideration:
a). Whether it is a holiday or not
b). Whether it is a news time or not
c). Whether it is the right time of the day or not
d). Whether it is trending or ranging
e). Whether you already met your daily goal or not.

Hi again i am testing yours settings with more one or two things.

My test in this week at least go to the other "thread binary options"

if you want see/follow.

Post 110

Cheers

Kobol

Mental attitude , Positive Thoughts

*good stuff
* in the end like marketing buy buy , but the ideas are there.

ProEMAGain

well i am now 100 % binary options.
But this indicator sooner or later,tests tests.

A new level of scalp ?
I do know.
but appear a good good stuff.

If someone wants to post the results. tks.
bad or good.pls

Cheers

Kobol

Today a bit time

for my old test swing
a bit of hurry,a medium pattern in w1.
and boom account,this is hard yes if sl hit .
Attention your lots/management account.

Im looking too for what is swing.
I believe this is swing.
strong point in w1
now is give it time .
This is how i think what is perfect swing.

Hi Kobol

I hope your trading is still going onwards and upwards this year.

I have a slight variation to the original method we discussed, although all the main concepts that we chewed over still remain the same because those should never change, and that particular strategy is still strong.

Anyway, I've attached an EU m15 chart of the variation in this case as I know that is one of your preferred t/fs and especially keeping the general theme as simple as possible. The yellow line is a simple 2MA (shifted +2). This gives an advanced notification of course when a cross of the price occurs. It gives earlier signals than the previous method, where a standard 4MA was used with a slope line, so obviously this way has a little more risk it should be said, but I've been using this for a little while now to check it out and results on all t/fs seem more than reasonable.

Take a look for yourself, it may be useful to you too, either entering a preliminary position on the first p/l cross, and/or a full position on the confirmed cross, you will see what I mean from the image. I have a TMS oscillator cross on the chart also (ref the green and red squares) to add weight to the decision to take the trade on or not, and a Gann in the lower window for the same reason (although not really necessary tbh).

As I said earlier though, all the things that were addressed in your thread originally still apply that were discussed in some detail

Feel free to comment, and hope more visitors to your thread show constructive participation in all that you are trying to do here. Of course if this type of trading no longer interests you then please feel free to remove the post, I'd completely understand.

Cheers for now

LL

Here's an example of a prelim short "feeler" trade on CAD CHF m30 showing initial cross. It may not work out, in which case risk is minimised, but if a full cross occurs, then I'll add the rest of the position. My target for this trade will be in the region of 20 pips or so depending on how pa develops.

LL

It turned out quite an odd trade as it happens. PA moved favourably quickly, no full cross and therefore no signal to add full lot before 20 pips achieved, so I decided to close out immediately. Nevertheless, a good trade all done and dusted inside 15 minutes can't be bad.

LL

It looks like Kobol was right.

People look but don't post...what is wrong with everyone, are you all expecting a free signal service or something!

The silence speaks volumes!

Hello tks for the new settings .
scalping

tomorrow i start with the test

cheers

Kobol

Nzd is cool .
let see
tick tack tick tack lol.

But swigs errr.only price action .but maybe this is have some edge.
but in my brain ignore the world events...can be ugly.

but maybe this is what is swing.
Withdrawl maybe 1 year to 1 year.

when this trade close i gonna to other pair .
eheh