Daily green/red candle | Page 164 | Forex Factory

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Daily green/red candle

  • #3,261
  • Dec 5, 2016 11:08pm Dec 5, 2016 11:08pm
Quoting Erebus
You traded way too early on a Monday after big RED news, IMHO, wait for Europe to open {image}
yes right
too early for orders
but in anycase i cancel the orders because was against the rules
  • #3,262
  • Dec 5, 2016 11:12pm Dec 5, 2016 11:12pm
Quoting mizi123
Hi guys another thing you have to bear in minde if you decide to trade these system, and that is: Trade pairs who are corelated good to ech other otherwise you will fail. My choise are these ones down {image}
please give your idea
which pairs corellate?
trade both?
.........

thanks
  • #3,263
  • Dec 5, 2016 11:19pm Dec 5, 2016 11:19pm
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  • #3,264
  • Dec 6, 2016 12:18am Dec 6, 2016 12:18am
Quoting dimdel
{image}
Hi dimdel.
Should we take such huge bars as on EU? In fact it was formed not by real price movement/momentum but by political news.
  • #3,265
  • Dec 6, 2016 12:55am Dec 6, 2016 12:55am
Quoting antisystem
{quote} Hi dimdel. Should we take such huge bars as on EU? In fact it was formed not by real price movement/momentum but by political news.
right
many times the candle are formed because something else but not the same market
so is good in these cases to have low risk %

but i trade it as a normal day
every month i want have sum positive
no matter how many false signal i will have , just positive

somewhere i read

the good trading is not how much money you win
but how many you dont lose
  • #3,266
  • Dec 6, 2016 12:55am Dec 6, 2016 12:55am
Quoting antisystem
{quote} Hi dimdel. Should we take such huge bars as on EU? In fact it was formed not by real price movement/momentum but by political news.
It only enters in the breakout direction......

Price action looks real to many traders, and maybe they still have political views ????

Unless you have other information, I see this as pure Technical trades and you bring in Fundamental aspect

So you need to explain how that works
It takes a lot for me to IGNORE you, but you can try.
  • #3,267
  • Dec 6, 2016 1:41am Dec 6, 2016 1:41am
Quoting Erebus
{quote} It only enters in the breakout direction...... Price action looks real to many traders, and maybe they still have political views ???? Unless you have other information, I see this as pure Technical trades and you bring in Fundamental aspect So you need to explain how that works
Hm, you have misunderstood me. The main idea is that this bar is too huge. My words about politucal news was more my explanation of its' long tail & body)
  • #3,268
  • Dec 6, 2016 2:07am Dec 6, 2016 2:07am
Quoting antisystem
{quote} Hm, you have misunderstood me. The main idea is that this bar is too huge. My words about politucal news was more my explanation of its' long tail & body)
Well, probably I did, but look to the day of 11-09-2016 on the EURUSD

Also that bar is too huge but that didn't stop anyone from 300 pips profit
It takes a lot for me to IGNORE you, but you can try.
  • #3,269
  • Dec 6, 2016 5:53am Dec 6, 2016 5:53am
Quoting Erebus
{quote} Well, probably I did, but look to the day of 11-09-2016 on the EURUSD Also that bar is too huge but that didn't stop anyone from 300 pips profit
Interesting although TP has been reached only yesterday by extra long tail of discussed bar)) ok, profit is profit. I'll think about it)
  • #3,270
  • Dec 7, 2016 12:21am Dec 7, 2016 12:21am
hi
today we have red candle
but my filters say long
so....

but is also right if follow the red candle with short pending orders


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  • #3,271
  • Dec 7, 2016 4:47am Dec 7, 2016 4:47am
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  • #3,272
  • Dec 7, 2016 11:56pm Dec 7, 2016 11:56pm
HI

today

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  • #3,273
  • Dec 9, 2016 9:22am Dec 9, 2016 9:22am
All these trades are opened in acordance with these system i just can say that i em amazed
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  • #3,274
  • Edited 1:44pm Dec 9, 2016 1:33pm | Edited 1:44pm
Hi dimdel i have an idea but i want your opinion!? What is your thinking to use gartley pattern for spoting more preciz signals like these in the foto. From observetion during the week these result to me very successful!? There are plenty example like these during the week. Thanc you
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  • #3,275
  • Dec 11, 2016 10:23am Dec 11, 2016 10:23am
Quoting mizi123
Hi dimdel i have an idea but i want your opinion!? What is your thinking to use gartley pattern for spoting more preciz signals like these in the foto. From observetion during the week these result to me very successful!? There are plenty example like these during the week. Thanc you {image} {image} {image} {image}
hi mizi
yes good idea the harmonics
please do your test and post it here
i would like to have your results

thanks
  • #3,276
  • Dec 13, 2016 1:48am Dec 13, 2016 1:48am
hi all
today

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  • #3,277
  • Dec 13, 2016 2:48am Dec 13, 2016 2:48am
@dimdel, Are you still trading this strategy according to the rules on page one or it has been modified?
  • #3,278
  • Dec 13, 2016 4:07am Dec 13, 2016 4:07am
Quoting menek
@dimdel, Are you still trading this strategy according to the rules on page one or it has been modified?
yes same strategy with same rules plus some personal filters
but you dont need any filter, just the color
  • #3,279
  • Dec 13, 2016 5:17am Dec 13, 2016 5:17am
Quoting dimdel
hi all today {image}
Why sell on first, I thought it should be buy?

Why buy on second, if no color change from previous candle?
  • #3,280
  • Dec 13, 2016 7:27am Dec 13, 2016 7:27am
Quoting messiahua
{quote} Why sell on first, I thought it should be buy? Why buy on second, if no color change from previous candle?
the first because my filter
but as i said you no need it

the second because i trade every candle
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