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  • #1,441
  • Jul 6, 2016 6:53am Jul 6, 2016 6:53am
Quoting goldgirl
{quote} My H1 chart can't break 10 SMA. Projected to be continue with the current major trend.
ya, agree , M30 close below 130.76 , bear flag.
Exits == most important part of your strategy
  • #1,442
  • Jul 6, 2016 7:27am Jul 6, 2016 7:27am
Quoting edmun1388
{quote} search "chaos trading" then you will see a lot of material.
And you have good experience with this ?

Thanks best regards
  • #1,443
  • Jul 6, 2016 7:55am Jul 6, 2016 7:55am
Quoting edmun1388
{quote} ya, agree , M30 close below 130.76 , bear flag.
Start moving down now. GJ is getting fishier. It loves to have price action between 11pm - 2am and 6am - 11am Singapore time. American, Japanese and Asian are attacking it. Not really for the Britain.
  • #1,444
  • Edited 8:45am Jul 6, 2016 8:14am | Edited 8:45am
Quoting jgadefelth
{quote} And you have good experience with this ? Thanks best regards
Most effective is when the alligator is sleeping and inside a fractal. Then you trade the breakout. M5 and higher time frame recommended. Speaking of which, I've been looking for an indicator that will alert when all 3 alligator moving average is in a fractal with no luck. It will make my life easier.
  • #1,445
  • Jul 6, 2016 8:28am Jul 6, 2016 8:28am
While searching it seems someone is demoing the alligator/fractal breakout right now. http://www.forexfactory.com/showthread.php?t=597801

However, he got it on 62% hit rate. With good eyes it can go above that.
  • #1,446
  • Jul 6, 2016 10:12pm Jul 6, 2016 10:12pm
Quoting maflip
While searching it seems someone is demoing the alligator/fractal breakout right now. http://www.forexfactory.com/showthread.php?t=597801 However, he got it on 62% hit rate. With good eyes it can go above that.
The ea or human is doing ok but the last trade on dragon was just terrible short on 130 and sl still running. ea more like it
  • #1,447
  • Jul 6, 2016 10:27pm Jul 6, 2016 10:27pm
nice triangle on the dragon.... my bias is to stay short but we could have temp bottomed out already so who knows
  • #1,448
  • Jul 6, 2016 10:58pm Jul 6, 2016 10:58pm
Quoting Pip-Miner
{quote} The ea or human is doing ok but the last trade on dragon was just terrible short on 130 and sl still running. ea more like it
He's entry is an M15 entry. Stop is above 131.60. I know because If I would take an alligator fractal entry that is my stop up there. So he is not stopped out yet. The M15 fractal that created it is 150 pips wide. But truth is the best to take a breakout is when it's near the yellow line. Also, If the fractal is that huge and on M15 that is a good excuse to skip that trade. For a stop that big I would take it if it's on H1. Gotta take ADR in consideration, GJ makes a daily move of 300 pips so if it's an M15 fractal you should only take a breakout for that time frame if the range is 50-70 pips. If its 150 pips switch it to H1 chart. For M5 20-30 pips. etc etc etc.
  • #1,449
  • Jul 6, 2016 11:31pm Jul 6, 2016 11:31pm
Quoting raiders
nice triangle on the dragon.... my bias is to stay short but we could have temp bottomed out already so who knows
Looking like a bear flag right now. H1 swing target is 126.584. Unless something change I think that target is still in play. That's 200 more pips down from the last swing low.
  • #1,450
  • Jul 7, 2016 5:17am Jul 7, 2016 5:17am
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hope next week I able run my new EA according to recent strategy.
Exits == most important part of your strategy
  • #1,451
  • Jul 7, 2016 5:50am Jul 7, 2016 5:50am
Price now at dragon up level , let see .
Exits == most important part of your strategy
  • #1,452
  • Jul 7, 2016 12:37pm Jul 7, 2016 12:37pm
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  • #1,453
  • Edited 6:36pm Jul 7, 2016 6:08pm | Edited 6:36pm
130.50 Let's short this Rally

Taking insurance @ 130.276. Then that will make this trade risk free. LESSGOO!!!

* After 130.276 is hit stop at -20 pips. (Break even) Then targeting H1 swing target @ 126.973 17:1 risk REWARD! (I'm being greedy... AGAIN )
* Edit: Half out @ 130.276 + 20. Now stop at -20 break even trade now. Trade is INSURED. Now I can go to the mall and have some fun. If stopped out. No biggie. I'm being greedy today. Hopefully NFP later don't screw this up. Instead, make it work even more for me.
  • #1,454
  • Jul 7, 2016 6:35pm Jul 7, 2016 6:35pm
Quoting maflip
130.50 Let's short this Rally Taking insurance @ 130.276. Then that will make this trade risk free. LESSGOO!!! * After 130.276 is hit stop at -20 pips. (Break even) Then targeting H1 swing target @ 126.973 17:1 risk REWARD! (I'm being greedy... AGAIN )
im short too....i was waiting to see if anything would come from this meeting

Bank of Japan (BOJ) spokesperson came out on the wires via Bloomberg last hour, confirming MOF and SFA meeting convened tomorrow tentatively at 9.30am Tokyo time.
http://www.fxstreet.com/news/boj-con...g-201607070946


Nothing seems to be happening so im in from 130.402 and i have a larger pending sitting at 129.563 lets see if the market agrees
  • #1,455
  • Jul 7, 2016 6:38pm Jul 7, 2016 6:38pm
btw...for piece of mind, i decided to go back to some old school COTs for some extra fundamentals to put behind my trades for this week

http://www.cftc.gov/dea/futures/deacmesf.htm

if it wasnt already obvious the big boys are riding the same trades
  • #1,456
  • Jul 7, 2016 6:41pm Jul 7, 2016 6:41pm
Quoting raiders
{quote} im short too....i was waiting to see if anything would come from this meeting Bank of Japan (BOJ) spokesperson came out on the wires via Bloomberg last hour, confirming MOF and SFA meeting convened tomorrow tentatively at 9.30am Tokyo time. http://www.fxstreet.com/news/boj-con...g-201607070946 Nothing seems to be happening so im in from 130.402 and i have a larger pending sitting at 129.563 lets see if the market agrees
Ok, I'm insured now though risk free. Hopefully we can make 300+ pips with a 20 pips stop. Good luck to us. If stopped out at break even gonna see if there is going to be another re-entry later. But I am very bearish now since they broke down an H1 fractal pattern yesterday that's been consolidating for 2 days. For me this is just a pull back a retest of the break.
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  • #1,457
  • Jul 7, 2016 6:43pm Jul 7, 2016 6:43pm
Quoting maflip
{quote} Ok, I'm insured now though risk free. Hopefully we can make 300+ pips with a 20 pips stop. Good luck to us. If stopped out at break even gonna see if there is going to be another re-entry later. But I am very bearish now since they broke down an H1 fractal pattern yesterday that's been consolidating for 2 days. For me this is just a pull back a retest of the break. {image}
exactly! i went to BE right away. if I get stopped out right here im just going to re up from a higher level
  • #1,458
  • Jul 7, 2016 6:44pm Jul 7, 2016 6:44pm
Quoting raiders
{quote} exactly! i went to BE right away. if I get stopped out right here im just going to re up from a higher level
Money management bro. Cool Good luck to us
  • #1,459
  • Jul 7, 2016 6:45pm Jul 7, 2016 6:45pm
whatcha got as a target? ive got 128.25 and 126.75
  • #1,460
  • Jul 7, 2016 6:47pm Jul 7, 2016 6:47pm
Quoting raiders
whatcha got as a target? ive got 128.25 and 126.75
126.90 - 127. But rallying hard hah hah gonna stop me out at 130.70.

+ 20 then - 20 = Breakeven bro.

Below 130.20 I might re-consider another short that will make it an M15 entry. Last trade was an M1 entry. Trying to get lucky with a tight stop from an M1. I did not get hurt there only lost commission.
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