hello hello
.... laughing all the way to the bank
- #15,141
- Aug 2, 2016 8:43am Aug 2, 2016 8:43am
- Joined Jan 2011 | Status: ,,,,, ....,,,,,, | 6,008 Posts
- #15,144
- Aug 2, 2016 8:48am Aug 2, 2016 8:48am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
{quote} First time that I can say that I see something like Likica !!! This morning (1 hour before Fankfurt Open ) , I started to watch my computer , in fact begining my dayly routine before LO , news , babypip and forexfactory and I noticed on EA pair a divergence on a resistence line + first Apb candle changing color so I went to H1 and find another good divergence with a kind of RCRF under DOL so I jumped in that short trade though it was against 200ema + 2 hours before LO but a good TDI angle and under ema10. As my stop loss was big and It was...
Appreciation is the key to wealth and happiness
- #15,145
- Aug 2, 2016 8:51am Aug 2, 2016 8:51am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
Appreciation is the key to wealth and happiness
- #15,147
- Aug 2, 2016 8:53am Aug 2, 2016 8:53am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
hello hello
Appreciation is the key to wealth and happiness
- #15,148
- Aug 2, 2016 8:58am Aug 2, 2016 8:58am
- Joined Jan 2011 | Status: ,,,,, ....,,,,,, | 6,008 Posts
eh???
,,,compared to your wheelbarrow that wouldn't fit through the door
,,,compared to your wheelbarrow that wouldn't fit through the door
.... laughing all the way to the bank
- #15,150
- Edited 9:24am Aug 2, 2016 9:01am | Edited 9:24am
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
{quote} On ECad , I did the wrong choice ! Can you explain to me the whole way of decision for this pair this morning ? For me loss -40 pips {image}
Edit: I just noticed you have ADR and trend line on your chart too, are other stuffs (little stars and zigzag) helping you with trading decision? if not, take them off so you can see PA clearer.
Appreciation is the key to wealth and happiness
- #15,155
- Aug 2, 2016 9:48am Aug 2, 2016 9:48am
- | Membership Revoked | Joined Mar 2016 | 1,615 Posts
thanks
lisat and kallap
lisat and kallap
- #15,156
- Aug 2, 2016 10:22am Aug 2, 2016 10:22am
{quote} The pair reached ADR max at LO, need to reverse, you need to keep eyes on PA and TDI (see what I marked on my chart). Having a habit to draw trend line manually helps too
I saw this setting up as you alerted us to it, but then i saw it looked like it was gonna close below the trendline so thought this isn't gonna be a valid setup so i'll go to the gym as i haven't been for a few days.
I'm back now, but wish I hadn't of gone lol as it looks like as soon as i left price must of pulled back and created the setup.
good trade here, and one i need to get better at.
I notice you bought when price had not reached the 50 and not yet reached the mbl.
I tried to copy this move once and it failed.
to what criteria please, will you initiate these trades when price is not yet to the 50 or the mbl.
did the fact you had support both from the trendline and the 200 ema factor into this decision.
I can see a BRN there but on both the m30 and the hourly it closed under the BRN so I am assuming this did not factor into your decision
I know you said the ATR was up and the pair needed to reverse, ...but if the ATR was not finsihed and that same setup appeared would you still take it the way you did.
what I'm trying to discover here is what conditions must be present in these continuation setups for where it is safe to go long on a tdi cross below the 50
On the trade that i tried like this that failed that time, I only had trendline support, divergance and nothing else.
- #15,158
- Aug 2, 2016 10:30pm Aug 2, 2016 10:30pm
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
Appreciation is the key to wealth and happiness
- #15,159
- Aug 2, 2016 10:47pm Aug 2, 2016 10:47pm
- Joined May 2012 | Status: Happy trading n enjoy green pips | 5,322 Posts
[quote=Kednort;9063826]Hi, Newbie here. with newbie question....
Welcome to M30 Kednort,
Here is my answer in blue:
ADR Marker - measure average daily range, when it reaches max one way or other, start looking for reversal.
ADR_v2 - I dont look at any more, you can take it off your chart unless you want to know range of 5days etc...
AutoPivot -S/R levels same as Davit pivot where you can see names of each level.
BN Level - i know 1000 750 500 250 line - use for S/R
Daily High Low - DOL = S/R
DOL - i read from the first post to trade away from DOL, am i right?
Davits Pivot - did not show on my chart
Free ATM SR - i know
Inside Bar - I sometimes go in from the breakout of this bar in conjunction with TDI
ATR Projections - same as ADR marker
Magnified Market Price - i know
Pip Counter - i know
Synergy APB1 - i know
Synergy TDI - i know
TDR RT Clone -I was told you need to have it for angleator to function.
10 Ema Dashboard - I don't use it any more.
Angelator - What angle should i trade? some traders use it for quick glance that is for entering a trade when 3 same color arrows on, I don't need to.
i saw some likica post, he mark the divergence in the chart and TDI, what to watch from the AO and Stoch? only buy when stoc >50, sell when stoc<50 provided others requirements met. I no longer need AO.
I've been trying to look for the divergence only with TDI and APB, had some success and failure.
Divergence seems like counter trend, am i right? yes but not always, I enter divergence when current trend has retrace and forms div.
I'm not sure about the hidden divergence, following the trend? yes
on likica first post that his trading time is FO LO NY, if this is when you start to look, when will you stop to look for a trade? after 11.30am E.S.T
btw, I am She
Welcome to M30 Kednort,
Here is my answer in blue:
ADR Marker - measure average daily range, when it reaches max one way or other, start looking for reversal.
ADR_v2 - I dont look at any more, you can take it off your chart unless you want to know range of 5days etc...
AutoPivot -S/R levels same as Davit pivot where you can see names of each level.
BN Level - i know 1000 750 500 250 line - use for S/R
Daily High Low - DOL = S/R
DOL - i read from the first post to trade away from DOL, am i right?
Davits Pivot - did not show on my chart
Free ATM SR - i know
Inside Bar - I sometimes go in from the breakout of this bar in conjunction with TDI
ATR Projections - same as ADR marker
Magnified Market Price - i know
Pip Counter - i know
Synergy APB1 - i know
Synergy TDI - i know
TDR RT Clone -I was told you need to have it for angleator to function.
10 Ema Dashboard - I don't use it any more.
Angelator - What angle should i trade? some traders use it for quick glance that is for entering a trade when 3 same color arrows on, I don't need to.
i saw some likica post, he mark the divergence in the chart and TDI, what to watch from the AO and Stoch? only buy when stoc >50, sell when stoc<50 provided others requirements met. I no longer need AO.
I've been trying to look for the divergence only with TDI and APB, had some success and failure.
Divergence seems like counter trend, am i right? yes but not always, I enter divergence when current trend has retrace and forms div.
I'm not sure about the hidden divergence, following the trend? yes
on likica first post that his trading time is FO LO NY, if this is when you start to look, when will you stop to look for a trade? after 11.30am E.S.T
btw, I am She
Appreciation is the key to wealth and happiness