DJIA one trade per day - Who's in?! | Page 5 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

EA Coding for One Trade Per Day :D 13 replies

Percentage vs. Pips per Trade vs. Pips per Day/Hour! 7 replies

New Trading - Not Greedy, Scalp, One Trade per day only 13 replies

One trade per daily bar, or per X bars on current timeframe 0 replies

One trade per day - Adding condition to EA 0 replies

Attachments: DJIA one trade per day - Who's in?!
Exit Attachments

DJIA one trade per day - Who's in?!

  • #81
  • Oct 27, 2016 4:28am Oct 27, 2016 4:28am
That's October 24. The price would go higher but was stopped by the order block -OB. Still would make some profit. Correct?
Still not sure where is the entry on 1 min.
Attached Image (click to enlarge)
Click to Enlarge Name: US30M5.png Size: 58 KB


Probably the divergence is not really that obvious.
  • #82
  • Oct 27, 2016 5:06am Oct 27, 2016 5:06am
Quoting sidefx
{quote} From what I can see in Gt3rs' post#68, the 'opening drive' down is pre-market and the divergence straddles pre-market (09:05) and the first 10 mins after the open. I stand to be corrected, just wanted to bring it up to make sure we're all completely clear on the setup.
Thanks for that , I am happy to stand corrected :-D
  • #83
  • Oct 27, 2016 8:34am Oct 27, 2016 8:34am
Let's see how this plays out.
Attached Image (click to enlarge)
Click to Enlarge Name: thu.JPG Size: 58 KB
  • #84
  • Oct 27, 2016 8:39am Oct 27, 2016 8:39am
@highlanderx

I was watching too... spotted some divergence, but price didn't respond as aspected. Could you maybe show your 5 min chart including RSI divergence?
  • #85
  • Oct 27, 2016 8:42am Oct 27, 2016 8:42am
18200 would give a respectable 40+ pips.
  • #86
  • Oct 27, 2016 8:44am Oct 27, 2016 8:44am
Quoting henri2500
@highlanderx I was watching too... spotted some divergence, but price didn't respond as aspected. Could you maybe show your 5 min chart including RSI divergence?
Divergence on 5 min.
Attached Image (click to enlarge)
Click to Enlarge Name: div.JPG Size: 126 KB
  • #87
  • Oct 27, 2016 8:53am Oct 27, 2016 8:53am
Got that one too... however, I thought the rise ended earlier than you. How did you know there was another top coming?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 43 KB
  • #88
  • Oct 27, 2016 8:58am Oct 27, 2016 8:58am
I waited for the open henri2500 .
  • #89
  • Oct 27, 2016 9:13am Oct 27, 2016 9:13am
+63 Would have been my exit on this one.
Attached Image (click to enlarge)
Click to Enlarge Name: exit.JPG Size: 49 KB
  • #90
  • Oct 27, 2016 9:15am Oct 27, 2016 9:15am
Zoomed out.
Attached Image (click to enlarge)
Click to Enlarge Name: out.JPG Size: 102 KB
  • #91
  • Oct 27, 2016 9:17am Oct 27, 2016 9:17am
Thanks GT3rs!

Trade in two parts:
Attached Image (click to enlarge)
Click to Enlarge Name: 27-10-US30CashM5.png Size: 54 KB
  • #92
  • Oct 27, 2016 9:22am Oct 27, 2016 9:22am
Quoting highlanderx
I waited for the open henri2500 .
If I am correct, New York was already open when the second highest top formed.... therefore I expected a drop from there?
  • #93
  • Oct 27, 2016 9:26am Oct 27, 2016 9:26am
Including NY open vertical line...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 37 KB
  • #94
  • Oct 27, 2016 9:30am Oct 27, 2016 9:30am
Quoting henri2500
{quote} If I am correct, New York was already open when the second highest top formed.... therefore I expected a drop from there?
No, it still had 25 minutes to go, check your times Dow opens on the half hour.
  • #95
  • Oct 27, 2016 9:36am Oct 27, 2016 9:36am
Quoting highlanderx
{quote} No, it still had 25 minutes to go, check your times Dow opens on the half hour.
Stupid! Didn't now that Dow opens 30 minutes later. Thanks a lot! And sorry for stupid questions regarding time xD
  • #96
  • Oct 27, 2016 9:49am Oct 27, 2016 9:49am
Quoting henri2500
{quote} Stupid! Didn't now that Dow opens 30 minutes later. Thanks a lot! And sorry for stupid questions regarding time xD
Not at all, you're most welcome.

Dow opens 09:30 EST, they are an hour ahead of EST at the moment and change (clocks back) soon, perhaps even this weekend so watch out for that :-D
  • #97
  • Oct 27, 2016 9:57am Oct 27, 2016 9:57am
Quoting highlanderx
{quote} Not at all, you're most welcome. Dow opens 09:30 EST, they are an hour ahead of EST at the moment and change (clocks back) soon, perhaps even this weekend so watch out for that :-D
A good one! Looked it up for you... daylight savings end 6. November. One more week to go
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 68 KB
  • #98
  • Oct 27, 2016 10:00am Oct 27, 2016 10:00am
Go5, did you use a trailing stop? If yes what was the distance?
Also, did you split your trade 50/50?
Thanks.
  • #99
  • Oct 27, 2016 10:41am Oct 27, 2016 10:41am
Quoting Gt3rs
Order blocks are a VAST subject, and I won't be covering them in great detail here, but feel free to go off and research them yourself. ICT has LOADS of videos on his website and YouTube. Like I said, the biggest problem is identifying which OBs will hold and which will give way. I'm not going to divulge that information in this thread, because we don't need it. However, I do use it for my FX trading. OK. Can you guess where we go next with this strategy? As soon as the RSI divergence is confirmed, we go to the M1 chart and look for an entry based...

Entry is on 1 minute chart.
  • #100
  • Oct 27, 2016 11:08am Oct 27, 2016 11:08am
Quoting aa1
Go5, did you use a trailing stop? If yes what was the distance? Also, did you split your trade 50/50? Thanks.
I marked two "possible" targets and put my SL at the first SR formed on the M1, got in again when it went further down and closed it when those nervous "news-like" movements set in...
0 traders viewing now