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Trading is as simple as 1-2-3

  • #3,821
  • May 25, 2017 4:20am May 25, 2017 4:20am
Quoting faatkumo
{quote} Even if it moves a pip in opposite direction of trade, i consider it valid and jump in. What exactly do you wait for? Are you entering in as buy/stops - sell/stops?
Yes, buy/sell stops. I need to figure out some sort of one key entry, tired of watching it leave while I'm typing up the order.
Wow! I've got some experience to gain.
  • #3,822
  • May 25, 2017 4:22am May 25, 2017 4:22am
AUDUSD anyone?
I'm stuck here in purgatory with this one.
  • #3,823
  • May 25, 2017 4:24am May 25, 2017 4:24am
Quoting lemercenaire
I also somehow missed that there is a bank holiday in Germany, France and Yodel-Land today!

Other than FF calendar, any others that are relative?
  • #3,824
  • May 25, 2017 4:24am May 25, 2017 4:24am
Quoting faatkumo
AUDUSD anyone? I'm stuck here in purgatory with this one.
Sorry man, been sitting here watching it.
Wow! I've got some experience to gain.
  • #3,825
  • May 25, 2017 4:25am May 25, 2017 4:25am
Quoting Lawnman
{quote} Yes, buy/sell stops. I need to figure out some sort of one key entry, tired of watching it leave while I'm typing up the order.

I do it too, but i run MT4.
I basically set them up far away from price, and once the next H1 forms to enter, i just drag and drop.


Anyone else do this method? Anyone have a better suggestion?
  • #3,826
  • May 25, 2017 4:26am May 25, 2017 4:26am
These bankers sure get a lot of holidays. If it wasn't for us Forex traders moving things along here, world commerce would come to a screeching halt!
  • #3,827
  • May 25, 2017 4:30am May 25, 2017 4:30am
Quoting faatkumo
{quote} I do it too, but i run MT4. I basically set them up far away from price, and once the next H1 forms to enter, i just drag and drop. Anyone else do this method? Anyone have a better suggestion?
That sounds better than what I'm doing!
Wow! I've got some experience to gain.
  • #3,828
  • May 25, 2017 4:49am May 25, 2017 4:49am
Currently in CA +18, EU +14, EJ +13
  • #3,829
  • May 25, 2017 5:07am May 25, 2017 5:07am
USDCAD, NZDUSD anyone?
  • #3,830
  • May 25, 2017 5:25am May 25, 2017 5:25am
Quoting Lawnman
{quote} Yes, buy/sell stops. I need to figure out some sort of one key entry, tired of watching it leave while I'm typing up the order.
Just ducking in to say hi. Do a search for trade managers in platform tech forum. There's a few good ones that will allow you to set all the info you need and run one-click entry at very least.
  • #3,831
  • May 25, 2017 5:28am May 25, 2017 5:28am
Quoting lemercenaire
{quote} Just ducking in to say hi. Do a search for trade managers in platform tech forum. There's a few good ones that will allow you to set all the info you need and run one-click entry at very least.
Thank you!
Wow! I've got some experience to gain.
  • #3,832
  • May 25, 2017 5:29am May 25, 2017 5:29am
UC SL
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 90 KB
Wow! I've got some experience to gain.
  • #3,833
  • May 25, 2017 5:40am May 25, 2017 5:40am
EU +26, CA +27, EJ +18 all now on 10 trailer
  • #3,834
  • May 25, 2017 5:50am May 25, 2017 5:50am
Attached Image (click to enlarge)
Click to Enlarge Name: 52517123gu.png Size: 18 KB

Here is a variation of 123 I have experimented with. I took the GU long after it had gone down and set a new low and moved back up. Setting the new low in the same hour would disqualify it as a 123 trade until next hour. But I have seen good results on this at times. I have also seen losses. Once I hit +5 I do move my stop to BE on these trades.
  • #3,835
  • May 25, 2017 6:14am May 25, 2017 6:14am
Quoting hal7
{image} Here is a variation of 123 I have experimented with. I took the GU long after it had gone down and set a new low and moved back up. Setting the new low in the same hour would disqualify it as a 123 trade until next hour. But I have seen good results on this at times. I have also seen losses. Once I hit +5 I do move my stop to BE on these trades.
Had you also already been in on the original set-up into a long (new low would have been the question-marked bar) and either +5'd and/or stopped out?

Attached Image (click to enlarge)
Click to Enlarge Name: InkedHalegquery25thmay17_LI.jpg Size: 625 KB
  • #3,836
  • May 25, 2017 6:18am May 25, 2017 6:18am
Attached Image (click to enlarge)
Click to Enlarge Name: 52514123uj.png Size: 17 KB

I actually got in this trade last hour on UJ it just missed getting stopped out and has come back nicely, profit locked.
  • #3,837
  • May 25, 2017 6:23am May 25, 2017 6:23am
Quoting lemercenaire
{quote} Had you also already been in on the original set-up into a long (new low would have been the question-marked bar) and either +5'd and/or stopped out? {image}
No I usually wait for these to show. I was not in yet as a regular trade. I moved my stop to BE after taking some profit and right on cue it stopped out. I think there is a built in detected on MT4 that indicates I have moved my stop.

Then I got reckless on this pair this hour since I have been having such success today. I got in way late on this hour's set up and it easily got the +5, but I didn't so now am sitting at a loss and may close it out. You can get in too early or too late sometimes, but it also keeps one on their toes.
  • #3,838
  • May 25, 2017 7:30am May 25, 2017 7:30am
My EJ trade is +40 EU +30 both now on 20 trailer.
  • #3,839
  • May 25, 2017 8:10am May 25, 2017 8:10am
Attached Image (click to enlarge)
Click to Enlarge Name: 52517123au.png Size: 18 KB

Have been waiting quite some time for this AU to turn. Locked +5. Previous arrow shows unfortunate encounter earlier.
Looking to the left on this chart you can detect some clues that sometimes help.
  • #3,840
  • May 25, 2017 8:17am May 25, 2017 8:17am
Attached Image (click to enlarge)
Click to Enlarge Name: 52517123ej2.png Size: 17 KB

My earlier EJ trade that stands at +43, I have a 20 trailer on it. Again looking to the left you can see right where it has stopped. Will now look to see if this is the turn or whether it will head back down for a shot at that 125.06.
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