E/U hourly trade. Looks like another one is shaping up to go short.
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- #223
- Nov 9, 2016 4:42pm Nov 9, 2016 4:42pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
]live demo trade EU 1 hour. [/highlight]TP set at 1:1.5 {image}
Not using the sma any more if the price has made a new H/L, then you could have had had this one as well from earlier (assuming you were awake at the right time, of course!).
- #224
- Nov 9, 2016 5:23pm Nov 9, 2016 5:23pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
You could have had a EURCAD in the same situation at around the same time. Was there something happening last night? 
- #225
- Nov 10, 2016 6:52pm Nov 10, 2016 6:52pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
AUDUSD
AUDNZD
CADJPY
NZDUSD
Taken when middle bar is at a new extreme H or L (irrespective of any sma weighting), c/w those that are not but point toward the sma (trade away from).
AUDNZD
CADJPY
NZDUSD
Taken when middle bar is at a new extreme H or L (irrespective of any sma weighting), c/w those that are not but point toward the sma (trade away from).
- #226
- Nov 11, 2016 6:29am Nov 11, 2016 6:29am
- Joined Jan 2014 | Status: Trader | 1,784 Posts
I've stayed away from the markets for a few days. There's no doubt of course that there's mountains of volatility ahead of us, and I've chosen to take what I can with the expectation of being in and out of markets for the time being, rather than my usual swing style approach where I normally stay for 1-3 days on average, it's just too risky for me taking that approach at this time.
I've taken some positions, and an example has recently triggered my longs on AU via the m15 chart attached, on a 30% bar retracement.
As usual, I've looked at the higher t/f, h1 in this case, to help with my directional bias and a hidden t/l, but nothing is certain and more care and attention regarding the mm is going to be required than usual, until we can see that the markets have stabilised, which is not the case right now, and imo won't be for a few weeks.
I've taken some positions, and an example has recently triggered my longs on AU via the m15 chart attached, on a 30% bar retracement.
As usual, I've looked at the higher t/f, h1 in this case, to help with my directional bias and a hidden t/l, but nothing is certain and more care and attention regarding the mm is going to be required than usual, until we can see that the markets have stabilised, which is not the case right now, and imo won't be for a few weeks.
- #227
- Nov 11, 2016 9:23am Nov 11, 2016 9:23am
- Joined Jan 2015 | Status: Never underestimate value of an pip | 4,684 Posts
Hi friends what do you think about these indi he repaint him self when opportunity ocurs can you chek pls 
today 5 opportunitys on eur/usd on 5 min!???
today 5 opportunitys on eur/usd on 5 min!???
- #229
- Nov 11, 2016 9:47am Nov 11, 2016 9:47am
- Joined Jan 2015 | Status: Never underestimate value of an pip | 4,684 Posts
Hi mizi123. can you upload that indi?
here is indi with template together.
- #231
- Nov 11, 2016 10:36am Nov 11, 2016 10:36am
- Joined Jan 2015 | Status: Never underestimate value of an pip | 4,684 Posts
- #235
- Nov 11, 2016 1:30pm Nov 11, 2016 1:30pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
lemercenaire, nice but as you know I wouldn't ave taken most of those trades coz they don't fit in with my system
- #236
- Nov 11, 2016 1:35pm Nov 11, 2016 1:35pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
Hi friends what do you think about these indi he repaint him self when opportunity ocurs can you chek pls
{quote} Yep, I know - it's my preferred version. I felt like I wanted to post something though, as the thread had seemed a tad lonely lately!
yep
been busy with work then was travelling and also focusing a bit on ADX trading. I really would like to develop my system here more. I figure the first step is to unify the 2 indicators, then come up with other time based filters and perhaps some kind of multi time frame approach for trading lower time frames. But I also feel this thread will totally deviate now into nothing resembling my initial theme of a lower 2nd close and setups people post wont resemble my system at all!
- #238
- Nov 12, 2016 4:59pm Nov 12, 2016 4:59pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} yep
- #239
- Nov 14, 2016 8:03am Nov 14, 2016 8:03am
- Joined Jan 2014 | Status: Trader | 1,784 Posts
{quote} yep
Your ADX method btw may take off, who knows, it could be interesting and I'll keep an eye on that thread, but for now as I said, I am still quietly developing my version of your theme from this thread, and I've achieved mixed results thus far, and although promising, is still not consistent enough for my liking, and that is the area I'm working towards.
Of course in these crazy topsy turvy times we presently have, finding consistency could be impossible, and it's one of the reasons that my own expectations are currently tempered with the reality of unpredictability, and with that in mind, allows balance for me both in successful and failed trades at this time.
Anyhow, enough waffle from me. Here's an EG m30 chart based on things I've discussed previously.
LL
