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FX Dynamite

  • #61
  • Mar 5, 2016 8:43am Mar 5, 2016 8:43am
Quoting hovedguy
Also, if you please clarify another noob query.... when price reached to yellow rectangle area, zigzag indi will reform and make a new LH. Is it advised to ignore the previous short term swings high and low (though ZZ didn't draw them but to its quiet clear swing isnt? I wish somebody did take that trade {image}
Being Honest, I never use zigzag I hate it. second in such case look for divergence, If you go over my previous thread you will know how I do it, have used the same example

V
Precise Execution!
  • #62
  • Edited 11:25pm Mar 5, 2016 8:44am | Edited 11:25pm
Quoting varun76
{quote} Hey Hovedguy, Many thanks for giving it a try with Reference to your query, I would not take this trade because stoch never crossed the 30 level with the broker I use for my analysis, and maybe that's one reason I recommend FOREX.COM for analysis. I use Alpari as my Live account but never do any analysis on the mt4 provided by them, and also if you notice the Daily chart is in short of ranging zone, so I would have given a thought before entering V {image} {image}
Actually GMT+3 is de fecto standard server time in forex market. (Forex.com is GMT+0). This specially matters when we trade based on 4H chart. Also, when we use pivots, it's important to get accurate pivot levels. The quick list of GMT+3 server brokers are listed below:

ThinkForex
IC Markets
Alpari UK
FXCM
Axi Trader
FX Pro
Vantage FX UK
Pepperstone
Global Prime
Hot Forex
FX Open
Go Markets

Broker dependency doesn't make sense to me.....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #63
  • Mar 5, 2016 9:15am Mar 5, 2016 9:15am
Quoting Anonymous32
{quote} Hoved, Yes you can take that entry if all criteria was met in H1 TF.


Quoting Ducdaovn
{quote} My friend, As I said before, there is not anything exactly 100%. Some valid signal could lead you to loss. But some similar to valid signal can give you a really good trade. Finally, we have a proverb: "Success always need a little luck". It based on you . BTW, with your example, with USDCAD With me, on H4, this is not a valid signal. But you can switch to H1. I am sure after that point, you can found a SELL signal (Ofcouse it's must a valid signal) And on another hand, you already have a confirm from higher tf H4: Price already failed...
So, its a valid one... Thanks

Quoting varun76
{quote} Being Honest, I never use zigzag I hate it. second in such case look for divergence, If you go over my previous thread you will know how I do it, have used the same example V
Hi Varun

I tried to find, no luck. Then only one I found is this. Could you please post the link?

Thanks
Hoved
  • #64
  • Mar 5, 2016 9:26am Mar 5, 2016 9:26am
Quoting hovedguy
{quote} {quote} So, its a valid one... Thanks {quote} Hi Varun I tried to find, no luck. Then only one I found is this. Could you please post the link? Thanks Hoved
Here you go, http://www.forexfactory.com/showthre...48#post8774748 and this http://www.forexfactory.com/showthre...80#post8775680


V
Precise Execution!
  • #65
  • Mar 5, 2016 9:28am Mar 5, 2016 9:28am
Quoting heispark
{quote} Actually GMT+3 is de fecto standard server time in forex market. (Forex.com is GMT+0). This specially matters when we trade based on 4H chart. Also, when we use pivots, it's important to get accurate pivot levels. The quick list of GMT+ server brokers are listed below: ThinkForex IC Markets Alpari UK FXCM Axi Trader FX Pro Vantage FX UK Pepperstone Global Prime Hot Forex FX Open Go Markets Broker dependency doesn't make sense to me.....
Indeed, it just gives you an extra edge to your trading, and BDW than's for the explanation its good


V
Precise Execution!
  • #66
  • Mar 5, 2016 9:29am Mar 5, 2016 9:29am
Quoting varun76
{quote} thans R, you too have a great weekend. will be waiting for you on monday Take care V
(Explosion of pips) (works like charm) ?? The name is getting shorter Varun:nerd: Good system anyway, Keep it up.
Disputed for Centuries
  • #67
  • Mar 5, 2016 9:40am Mar 5, 2016 9:40am
Quoting Chito
{quote} (Explosion of pips) (works like charm) ?? The name is getting shorter Varun:nerd: Good system anyway, Keep it up.
I could not get an answer ready to the question, where's the Explosion, may be that's one Reason


Cheers
V
Precise Execution!
  • #68
  • Mar 5, 2016 9:41am Mar 5, 2016 9:41am
Quoting varun76
{quote} Here you go, http://www.forexfactory.com/showthre...48#post8774748 and this http://www.forexfactory.com/showthre...80#post8775680 V
Thank you. Alright, last question before I start trading in real time

Do we have a skype group in place?
  • #69
  • Mar 5, 2016 9:49am Mar 5, 2016 9:49am
Quoting hovedguy
{quote} Thank you. Alright, last question before I start trading in real time Do we have a skype group in place?
I like your idea
A Skype group for Dynamite system.
  • #70
  • Mar 5, 2016 9:56am Mar 5, 2016 9:56am
Quoting hovedguy
{quote} Thank you. Alright, last question before I start trading in real time Do we have a skype group in place?
Its a great idea H, Ducdaovn jut messaged me about this, I'll make it today itself and will put it on the main post


Cheers
V
Precise Execution!
  • #71
  • Mar 5, 2016 9:57am Mar 5, 2016 9:57am
Quoting varun76
{quote} Its a great idea H, Ducdaovn jut messaged me about this, I'll make it today itself and will put it on the main post Cheers V
Awesome
  • #72
  • Mar 5, 2016 10:00am Mar 5, 2016 10:00am
Thank you Varun for share !
Wish the best for you!
subscribed!
  • #73
  • Mar 5, 2016 10:01am Mar 5, 2016 10:01am
Quoting hovedguy
{quote} Thank you. Alright, last question before I start trading in real time Do we have a skype group in place?
nice idea!
i am a follower!
  • #74
  • Mar 5, 2016 10:12am Mar 5, 2016 10:12am
Quoting arya.aryaee
Thank you Varun for share ! Wish the best for you! subscribed!
Thanks arya, I wish you the same


V
Precise Execution!
  • #75
  • Mar 5, 2016 10:19am Mar 5, 2016 10:19am
I hope it was a right understanding!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCNHproH4.png Size: 43 KB
Click to Enlarge Name: USDCNHproH1.png Size: 37 KB
  • #76
  • Mar 5, 2016 10:26am Mar 5, 2016 10:26am
Quoting arya.aryaee
I hope it was a right understanding! {image} {image}
Not valid signal.
  • #77
  • Mar 5, 2016 10:31am Mar 5, 2016 10:31am
Quoting Ducdaovn
{quote} Not valid signal.
Thank you
  • #78
  • Mar 5, 2016 10:46am Mar 5, 2016 10:46am
Quoting arya.aryaee
I hope it was a right understanding! {image} {image}
Arya I recommend you to use the provided tlp, ppl wil get confule otherwise

V
Precise Execution!
  • #79
  • Mar 5, 2016 10:47am Mar 5, 2016 10:47am
Quoting arya.aryaee
{quote} Thank you
Your stoch levels (80, 20) are not what V uses.
Live life king size !
  • #80
  • Mar 5, 2016 10:56am Mar 5, 2016 10:56am
Hey Varun,

I have a quick question. I know it is not mentioned but figured it is worth the clarification.
Does crossing of the 2 SMAs play any role in your trade setup ?

I see hope here since my wins have not been impressive or big and the losses tend to take away the miniscule profits I make.

Thanks for your help.
Live life king size !
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