two trading 
, one open to reach PP
, one open to reach PP
A "new" simple system based on MA
- #1,469
- Edited 7:01am Sep 26, 2016 6:44am | Edited 7:01am
Hmaoui ?! are u back?
i tried your system now for 3 Months on the Euro and GBP Futures and i make my 10% a Month in 2 Weeks
how do u use the macd instead of dmi?
P.s I love your system!
i tried your system now for 3 Months on the Euro and GBP Futures and i make my 10% a Month in 2 Weeks
how do u use the macd instead of dmi?
P.s I love your system!
Everyday better.
- #1,470
- Sep 26, 2016 7:44am Sep 26, 2016 7:44am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
Here is my short trade today on GBPUSD M5/M1 for 11 pips
Entry
M1 price cross EMA60 = M5 price cross EMA12
The two purple verticals are the entry and exit bars.
On M5 at entry, -MI was not yet above +MI, but it was pointed up.
On M1 entry chart, -MI was just crossing above +MI and stoch was going down from OB.
M5 made a deeper rally than I prefer, but it was just over EMA12 on M15, so it was OK.
Entry
M1 price cross EMA60 = M5 price cross EMA12
The two purple verticals are the entry and exit bars.
On M5 at entry, -MI was not yet above +MI, but it was pointed up.
On M1 entry chart, -MI was just crossing above +MI and stoch was going down from OB.
M5 made a deeper rally than I prefer, but it was just over EMA12 on M15, so it was OK.
To free Gazans of Hamas, use whatever it takes.
- #1,471
- Sep 26, 2016 3:06pm Sep 26, 2016 3:06pm
Hmaoui ?! are u back? i tried your system now for 3 Months on the Euro and GBP Futures and i make my 10% a Month in 2 Weeks
- #1,474
- Sep 27, 2016 6:28am Sep 27, 2016 6:28am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
do u have a max candles for a Pullback ? i would say that max 2-4 candels after that most of the time the trend will end soon. what do u think?
From my experience, retracements tend to go for 3-10 bars, usually about 4-6. But really, that is not much use. When you see a retracement unfolding on say a 1 hour chart, you need to look at what is happening on the 15 minute chart.
And, I think you do not really mean "...after that, ... the trend will end soon." If you are in a retracement, unless it goes so far that it breaks the prior extreme swing bar, then the trend will RESUME, not end.
Look at the charts below. I marked a pullback on the H1 chart with a red line and rally with a green line.
Look at the M15 chart. I numbered the swings in the retracements. Notice for the pullback, there are just 3 swings. This is USUAL behavior. After the 3 swings are made, the retracement usually ends and the trend continues.
Now look at the rally. This has 5 swings, not just 3. However, in real time, after we saw swing number 3, we know that USUALLY the retracement ends and the trend continues, so we would be looking for a setup to buy. But we must always check what is actually happening. It is best if you get PROOF that the retracement has ended. (I won't go into what the proof is here.)
Now look at the H1 chart. The white vertical lines are where the swings are on the M15 chart. How many bars do you count in the pullback? I count 4. How many bars do you count in the rally? I count 16. So, what is the maximum bars for a retracement???? What is the maximum (and minimum) number of swings in a retracement on the chart that is 1/4 the timeframe?
M15
H1
To free Gazans of Hamas, use whatever it takes.
- #1,476
- Sep 28, 2016 8:02am Sep 28, 2016 8:02am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #1,480
- Sep 30, 2016 12:30am Sep 30, 2016 12:30am
aggressive selling
First half +19 pips
Second half + 30 pips
I think already split into three parts, the price continues to fall ...
I need to find out situation in the third part, perhaps reverse signal
First half +19 pips
Second half + 30 pips
I think already split into three parts, the price continues to fall ...
I need to find out situation in the third part, perhaps reverse signal
