Wisdom begins in wonder
As simple as possible: 00 level trading
- #34,241
- May 25, 2016 5:28am May 25, 2016 5:28am
- Joined Jan 2015 | Status: Error 404: LuXing not found | 1,586 Posts
- #34,242
- Edited 8:53am May 25, 2016 7:02am | Edited 8:53am
- Joined Nov 2009 | Status: You are what you is | 1,962 Posts
{quote} This one goes into the category "you can't win them all". In itself a valid setup, but maybe avoid trading live during FF... I took the same ( & AUDJPY), but on demo. LuXing {image} {image}
I have to say that the reading of "Trading in the zone" that you advised me has helped me a lot to counteract the paralyzing negative energy when the 1st trade of the day turns out to be a loser.
#2 EURJPY to TP (x2)
#3 GBPUSD to TP
#4 USDJPY to TP
Bubincka
Porta itineris dicitur longissima esse
- #34,243
- Edited 8:20am May 25, 2016 7:56am | Edited 8:20am
- Joined Aug 2012 | Status: Trader | 1,275 Posts
{quote} LO's better. But it's always difficult when you start on the wrong foot.
New pips killer!
Stay green!
"All will be correctly, in this world is built" - The Master and Margarita
- #34,245
- May 26, 2016 3:32am May 26, 2016 3:32am
- Joined Nov 2009 | Status: You are what you is | 1,962 Posts
Porta itineris dicitur longissima esse
- #34,246
- May 26, 2016 5:02am May 26, 2016 5:02am
- Joined Nov 2009 | Status: You are what you is | 1,962 Posts
{quote} Damn GOOOOD my freand!!!
I have to say that without the help of fellow traders like Masterrmind in the beginning and LuXing now, I don't think I'd even managed to find the road.
Stay green!
Bubincka
Porta itineris dicitur longissima esse
- #34,248
- May 26, 2016 5:51am May 26, 2016 5:51am
- Joined Nov 2009 | Status: You are what you is | 1,962 Posts
{quote} bubincka, thanks. i'd prefer the .mq4 file, though. kindly post that if you don't mind.
The indi is very simple in itself and it is 100% customizable in TFs, currency colors, line style, width.
Best regards,
Bubincka
Porta itineris dicitur longissima esse
- #34,249
- May 26, 2016 6:30am May 26, 2016 6:30am
- Joined Jan 2015 | Status: Error 404: LuXing not found | 1,586 Posts
Wisdom begins in wonder
- #34,250
- Edited 6:56am May 26, 2016 6:35am | Edited 6:56am
- Joined Nov 2009 | Status: You are what you is | 1,962 Posts
Today's LO session trades. A good number of TPs, many of them small in size since I use TP = 0.5 * ATR(480) on M15 TF.
#1 AUDUSD to TP (2)
#2 EURUSD to TP
#3 CADJPY to TP (x3)
#4 AUDCHF to TP
#5 GBPCHF to TP : maybe too risky after a so called " monster bar", this time went well.
#6 USDCHF to SL : a nasty error that I continue to repeat, namely late entry.
Bubincka
#1 AUDUSD to TP (2)
#2 EURUSD to TP
#3 CADJPY to TP (x3)
#4 AUDCHF to TP
#5 GBPCHF to TP : maybe too risky after a so called " monster bar", this time went well.
#6 USDCHF to SL : a nasty error that I continue to repeat, namely late entry.
Bubincka
Porta itineris dicitur longissima esse
- #34,252
- May 26, 2016 9:16am May 26, 2016 9:16am
- Joined Nov 2009 | Status: You are what you is | 1,962 Posts
More trades.
#7 AUDJPY to TP (x2)
#8 USDCHF to TP : here entry on the right level ends up in a TP.
Bubincka
#7 AUDJPY to TP (x2)
#8 USDCHF to TP : here entry on the right level ends up in a TP.
Bubincka
Porta itineris dicitur longissima esse
- #34,253
- May 27, 2016 2:19am May 27, 2016 2:19am
- Joined Nov 2009 | Status: You are what you is | 1,962 Posts
FFO & LO trades, there were more setups, but partly because I was distracted by work commitments and partly because you can not take them all I'm happy with these ones.
#1 GBPJPY to TP
#2 CADJPY to TP
#3 USDCAD to BE : I stopped this one manually after it retraced a little below BRN, of course this was a lack of confidence mistake.
Bubincka
#1 GBPJPY to TP
#2 CADJPY to TP
#3 USDCAD to BE : I stopped this one manually after it retraced a little below BRN, of course this was a lack of confidence mistake.
Bubincka
Porta itineris dicitur longissima esse
- #34,254
- May 27, 2016 3:48am May 27, 2016 3:48am
- Joined Nov 2009 | Status: You are what you is | 1,962 Posts
one more.
#4 CADJPY to TP
Bubincka
#4 CADJPY to TP
Bubincka
Porta itineris dicitur longissima esse
- #34,255
- May 27, 2016 3:57am May 27, 2016 3:57am
- Joined Nov 2009 | Status: You are what you is | 1,962 Posts
{quote} KISS For the arrows, I formatted it so that all values are simply looking one row "up", so M15 "looks" at H1, H1 "looks" at H4, ... Of course, this can be done in many other ways, but I have grown used to looking at this. LuXing {image}
It means that to draw the arrow you compare the current M15 strength with the M15 strength value one hour ago and the current H1 strength with the H1 strength value four hours ago ?
Thank you in advance,
Bubincka
Porta itineris dicitur longissima esse
- #34,257
- May 27, 2016 7:11am May 27, 2016 7:11am
- Joined Nov 2009 | Status: You are what you is | 1,962 Posts
Bubincka do you have tips about your indicator strenghtlines ? settings to m15? thanks
I have programmed it to draw in a single line the arithmetic average between D1 & H1 strength values. So I've set as defaults yPeriod = 60 and xPeriod = 1440. Parameter multiplier can have values greater than 1 if you want to give more weight to lower TF strength (i.e. H1). Of course you can change these parameters to suit your needs to any other TF.
Green pips,
Bubincka
Porta itineris dicitur longissima esse
- #34,258
- May 27, 2016 7:30am May 27, 2016 7:30am
- Joined Aug 2012 | Status: Trader | 1,275 Posts
{quote} Hi Juan007, I have programmed it to draw in a single line the arithmetic average between D1 & H1 strength values. So I've set as defaults yPeriod = 60 and xPeriod = 1440. Parameter multiplier can have values greater than 1 if you want to give more weight to lower TF strength (i.e. H1). Of course you can change these parameters to suit your needs to any other TF.
another Colombian coffee for you
- #34,260
- May 27, 2016 8:57am May 27, 2016 8:57am
- Joined Nov 2009 | Status: You are what you is | 1,962 Posts
{quote} thanks another Colombian coffee for you
Porta itineris dicitur longissima esse