>>> Trade like nobody is watching
- #44
- Edited 7:38pm Dec 20, 2016 6:49pm | Edited 7:38pm
I have taken a new trade in eur/cad . Even though its a late entry i believe it will cover both my tp1 and tp2 . It was a clean 4h 123 break , I took entry in the 15 minute chart
What is your approach - any setup on any TF or just looking for setups on specific TFs?
Please confirm what time zone is showing on your chart - is it GMT or some other zone? My charts use GMT+2hrs as my Broker server is in Europe.
I did not get notified about this post either. I am subscribed to be notified by any "new replies" to the Forum and I note that this post is showing up as a "new reply" after selecting to "quote" your post so I cannot explain why the notifications are not happening. I will check with FF to see if there is some bug in the system at present with notifications
My gbp/nzd trade is still running with a profit of +200 pips . I closed my eur/cad trade with one lot out and breakeven with all other positions as i didnt think the pair will go down further .
- #47
- Edited Dec 22, 2016 1:19pm Dec 21, 2016 4:54pm | Edited Dec 22, 2016 1:19pm
I am seeing AUDNZD currently at point 3 and setup for a spartan short trade.
- LL are being made
- Higher Time Frame (HTF) MAs are above price forming more resistance
But I am waiting for H4 12eMA to Xover H4 36eMA before I enter.
If you agree then click on the like finger, otherwise select quote and provide me your alternate thoughts
23/12/2016 - this trade is still active but not doing much yet
- LL are being made
- Higher Time Frame (HTF) MAs are above price forming more resistance
But I am waiting for H4 12eMA to Xover H4 36eMA before I enter.
If you agree then click on the like finger, otherwise select quote and provide me your alternate thoughts
23/12/2016 - this trade is still active but not doing much yet
Upcoming GBPCHF short trade is setting up on WK TF
- Point 3 Xover bar is forming this week
- possible entry next week
- reversal is coinciding with re touch of an R level @ 1.2813
- wait for WK bar to close and plan entry next week perhaps
If you agree then click on the LIKE finger, otherwise select quote and provide me your alternate thoughts
- Point 3 Xover bar is forming this week
- possible entry next week
- reversal is coinciding with re touch of an R level @ 1.2813
- wait for WK bar to close and plan entry next week perhaps
If you agree then click on the LIKE finger, otherwise select quote and provide me your alternate thoughts
- #50
- Edited 3:42pm Jan 3, 2017 2:52pm | Edited 3:42pm
My Spartan123 Watch List for 2016-01-04: 
Anyone agree / disagree?
- EURUSD short - waiting for momentum to show on LTF first
- EURCAD short - waiting for momentum to show on LTF first
- EURAUD short - waiting for S123 setup on H4 to reach point 3
- GBPCHF short - waiting for a H1 setup once I see 12/36 Xover
- GBPJPY Long - waiting for H4 to provide entry signal (I see Point 3 forming with the 2016-01-04 0000 bar)
- NZDUSD short - waiting for H1 setup to provide entry signal on M5
- NZDJPY Long - waiting for H4 to provide entry signal (I see Point 3 forming with the 2016-01-04 0000 bar)
My current pending orders:
Anyone agree / disagree?
Hello everyone, so how are yous getting on with the Spartan system? I have a similar top down approach with heiken & s/r so I hope this method will strengthen my overall trading. I only started live last month so still learning. At the moment I think eur/jpy is crying out for a short;
who dares wins
- #54
- Edited 4:06pm Jan 15, 2017 2:23pm | Edited 4:06pm
...At the moment I think eur/jpy is crying out for a short
@masterjedi i dont think its a good trade given its on the 36ema on daiy chart and the trend is still up . We have to wait for confirmation after it has broken down the 36 ema and make a good 123 in h4 or h1
The few traders who are monitoring this site are not yet proficient in the Spartan strategy, so we are trying to find ways to help each other achieve better consistency from the strategy and decide whether it is a strategy we can adopt into the future.Re EJ: I am waiting for the Xover bar to form on D1 before I would consider entering long, and am watching H4 for a possible setup short given there is a lot of resistance above price right now from the Higher Timeframes (HTF) MN, WK, D1 200 & 633 moving averages
- What is the Xover [i.e. cross over] bar you ask? It is the closed candle that crosses over the 2-3 line in the direction of the impending trend and & closes past the body of the POINT 3 candle. I expect that wont make sense to you if you dont understand the spartan strategy; however, I will keep clarifying these things to help build your awareness.
{quote} {quote} Welcome to this thread Masterjedi
By the way I just checked my Spartan literature to find out about the xover but there's no mention of it? I don't quite understand what you mean, if possible could you explain more?
who dares wins
{quote} ... By the way I just checked my Spartan literature to find out about the xover but there's no mention of it? I don't quite understand what you mean, if possible could you explain more?
My interpretation of the Spartan strategy is that we should wait for the Xover bar to close then enter as follows:
- if Xover bar is D1, wait till D1 close + 5 pips is taken out in the direction of intended trade
- if Xover is H4 or below, then wait till the bar HI or LOW is taken out by 3 pips before I enter
- #59
- Jan 19, 2017 1:22am Jan 19, 2017 1:22am
- Joined Nov 2013 | Status: Trader | 1,192 Posts
I used to be indecisive but now I'm not so sure...
- #60
- Jan 19, 2017 1:29am Jan 19, 2017 1:29am
- Joined Nov 2013 | Status: Trader | 1,192 Posts
I used to be indecisive but now I'm not so sure...