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Daily green/red candle

  • #2,761
  • Jun 15, 2016 2:29am Jun 15, 2016 2:29am
HI Dimdell,

What is the formula for calculating the lot size using the stoploss?

Thanks
Le$$ I$ More
  • #2,762
  • Jun 15, 2016 6:22am Jun 15, 2016 6:22am
Quoting Roszey
HI Dimdell, What is the formula for calculating the lot size using the stoploss? Thanks
HI ROSZEY

there is a file in 1st post
use it to have your lot size
but is easy to do it manuall
just any sl distanse must is the % that you want
  • #2,763
  • Jun 15, 2016 6:59am Jun 15, 2016 6:59am
May be this topic divide on time to D1 and H4 ?
  • #2,764
  • Jun 15, 2016 6:59am Jun 15, 2016 6:59am
Hi dimdel

On the daily you are now short from the bar 3 days ago, if you get a green bar today will you be placing an order to go long while you are still holding the short position?

Also have you placed an order to go short on yesterday's bar to add to your already short position?
Regards
  • #2,765
  • Jun 15, 2016 9:59am Jun 15, 2016 9:59am
Quoting Farmazetron
May be this topic divide on time to D1 and H4 ?
why?
what confuse you?
see the 1st post
  • #2,766
  • Jun 15, 2016 10:03am Jun 15, 2016 10:03am
Quoting howard
Hi dimdel On the daily you are now short from the bar 3 days ago, if you get a green bar today will you be placing an order to go long while you are still holding the short position? Also have you placed an order to go short on yesterday's bar to add to your already short position?
hi howard
if a order active i let it go to sl/tp
if next bar give me opposite or same direction order , i follow it without close the previus orders/orders
  • #2,767
  • Jun 15, 2016 10:17am Jun 15, 2016 10:17am
how green red work with GU in BREXIT period

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  • #2,768
  • Jun 15, 2016 12:28pm Jun 15, 2016 12:28pm
Hello Dimdel

I actually find it difficult to read the whole discussion so far....

but I try understanding the system.... Is it that you trade every next candle in the direction of the last candle

Eg If the last candle is green... you go long on the next candle on daily time frame and vice versa for short entries too.

Please Kindly direct me to the post where I can learn the whole system.

Thanks in advance
  • #2,769
  • Jun 15, 2016 1:40pm Jun 15, 2016 1:40pm
Quoting blessedtj
Hello Dimdel I actually find it difficult to read the whole discussion so far.... but I try understanding the system.... Is it that you trade every next candle in the direction of the last candle Eg If the last candle is green... you go long on the next candle on daily time frame and vice versa for short entries too. Please Kindly direct me to the post where I can learn the whole system. Thanks in advance
hi bless
in 1st post you will find all the rules
is very simple just follow the color
no indis,
of caurse the price action is very importand and some times must advise it

only to remember , trade % , no lot
  • #2,770
  • Jun 15, 2016 3:49pm Jun 15, 2016 3:49pm
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  • #2,771
  • Jun 16, 2016 12:26am Jun 16, 2016 12:26am
With no comments

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  • #2,772
  • Jun 16, 2016 1:01am Jun 16, 2016 1:01am
time to gold

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  • #2,773
  • Jun 16, 2016 1:15am Jun 16, 2016 1:15am
G'day DD, I have some questions regarding the USCA chart. 12/4 Red you went short. Wouldn't that have been stopped out on the 17th? Then on the 27th Red you went short and to me that would have been a loss.
The following list is of trades that seemed legitimate to me that you didn't take. 21/4 G, 27/4 R, 28/4 R, 2/5 R, 11/5 R, 27/5 G, 6/6 R, 7/6 R, 9/6 G.
Regards,
Bob
  • #2,774
  • Jun 16, 2016 1:22am Jun 16, 2016 1:22am
Hi Dimdel

I have question, which bother me a lot

there are some candles you don't take a trade.
like example below
pls explain
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Holy grail, pls pm
  • #2,775
  • Jun 16, 2016 1:52am Jun 16, 2016 1:52am
hi bob+iamgotzaa

in D1 i use
-10 pips room to entry
-if the price go to 161 fib then the price move to -61 fib, so if turn back i will have 1st order tp 161 /2nd order sl -61 =0
so i dont put mark in chart ( some times the -61 is better -50 because the room entry )

i mark only the win and the loses
  • #2,776
  • Jun 16, 2016 2:01am Jun 16, 2016 2:01am
Quoting dimdel
hi bob+iamgotzaa in D1 i use -10 pips room to entry -if the price go to 161 fib then the price move to -61 fib, so if turn back i will have 1st order tp 161 /2nd order sl -61 =0 so i dont put mark in chart ( some times the -61 is better -50 because the room entry ) i mark only the win and the loses
I don't get the picture.
Can you make example?.
Holy grail, pls pm
  • #2,777
  • Jun 16, 2016 2:42am Jun 16, 2016 2:42am
Quoting iamgotzaa
{quote} I don't get the picture. Can you make example?.
in this case i dont put mark because no win no lose

Attached Image
  • #2,778
  • Jun 16, 2016 6:55am Jun 16, 2016 6:55am
Hi Dimdel,

Please tell me if I am wrong on understanding the following.


1) H4 every new color bar

If Candle changed to RED , then next candle go short at breakout 10 pips below
If Candle changed to GREEN , then next candle go short at breakout 10 pips above


2) H4 every bar

Every Candle take break on that candle colour. E.g. If current candle is red, take short, if red again take short again, if changes to green go Long

3) D1 every bar


Every Candle take break on that candle colour. E.g. If current candle is red, take short, if red again take short again, if changes to green go Long

Thanks

S
Every Candle take break on that candle colour. E.g. If current candle is red, take short, if red again take short again, if changes to green go Long
  • #2,779
  • Jun 16, 2016 7:20am Jun 16, 2016 7:20am
Quoting specul8r
Hi Dimdel, Please tell me if I am wrong on understanding the following. 1) H4 every new color bar If Candle changed to RED , then next candle go short at breakout 10 pips below If Candle changed to GREEN , then next candle go short at breakout 10 pips above 2) H4 every bar Every Candle take break on that candle colour. E.g. If current candle is red, take short, if red again take short again, if changes to green go Long 3) D1 every bar Every Candle take break on that candle colour. E.g. If current candle is red, take short, if red again take short...
ok i see a confuse

so i will write the rules again more analytical in 1st post
i need time
thanks
  • #2,780
  • Jun 16, 2016 7:32am Jun 16, 2016 7:32am

Quoting dimdel
{quote} ok i see a confuse so i will write the rules again more analytical in 1st post i need time thanks
I hold your beer. You write 1st post.
Holy grail, pls pm
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