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Phx62 replied Oct 18, 2013I have answered these questions many times. If you did not find the answers in the pdf files, please click on my name and pull up my more recent posts. You can start with post 26,193 and 26,293. Generally, if I am monitoring the trade, I will exit ...
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Phx62 replied Oct 17, 2013Due to the US Congress reaching an agreement to temporarily fund the government and stop the shutdown, I concentrated on trading US pairs today. It took some patience but both trades paid off handsomely!!!! I entered the EU H1 trade on the LO candle ...
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Phx62 replied Oct 16, 2013There a several reasons: 1. Rules of TMS, as outlined by Big E, are that we enter on the 1st or 2nd candle following a TDI cross over and change of candle color. If I were going to enter short, it would have 2 candles before London following the ...
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Phx62 replied Oct 16, 2013I'm not sure what you are asking. The boxes are drawn by the indicator as the session progresses. As each candle forms and ends, new lines are drawn based on the times you set in the indicator, itself.
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Phx62 replied Oct 16, 2013WD, What I see on your chart is your entries could be a little earlier, as well, giving you more pips and more room for any drawdown. On your first trade, even a conservative entry would have been made on the same candle you entered, only entry made ...
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Phx62 replied Oct 16, 2013I finally got a minute to post a couple of trades......only two EJ H1 trades so far this week.....both London session trades. image
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Phx62 replied Oct 14, 2013Kanderpro, Excellent work. I did some tests two years ago and others more than three years ago with similar results. My testing showed just a little higher on some pairs and a little lower on others. There are enough times that the high or low is ...
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Phx62 replied Oct 14, 2013What Munir was referring to is trades taken with the trend. The principles he outlined give any trader a higher probability of successful trades when these principles are followed. When the price trend and the TDI agree, one can gain lots of pips. ...
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Phx62 replied Oct 13, 2013Red circle 1.....The London session had no momentum. The session opened with a double top, then moved down about 30 pips. I took the short but exited early. Price then created a triple bottom and moved up. I would not enter a long there until price ...
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Phx62 replied Oct 13, 2013Munirpt, So sorry to hear about your accident!!!! Here is to a quick recovery with little pain and full use of your hands. The answer you gave to Emmanuel's question is golden.....newbies, take that answer and analyse it carefully....backtest and ...
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Phx62 replied Oct 11, 2013Here are the two indicators you requested. file file file file
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Phx62 replied Oct 11, 2013I understand what you are saying....the moves looked similar. One thing you need to see is the wicks on the candles. Please notice that on the previous days move, price created a reversal candle pattern with the 3 blue candles....that is a ...
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Phx62 replied Oct 11, 2013It is good to see you having some success with your trades. In answer to your question........ 1. Because price moved up over 75 pips during the Asian session (as I have explained before, I have found that when price moves 60 or more pips on Euro ...
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Phx62 replied Oct 11, 2013Adam, Due to the strong move up for the last 3 days and because it is Friday, I would expect price to consolidate for the rest of the day. For those reasons I would not enter anymore trades today. I do have my charts on most of the time.....because ...
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Phx62 replied Oct 11, 2013Done for the week......here are my trades on EJ H1 for the week.....explanations on the chart. Have a good weekend..... image
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Phx62 replied Oct 6, 2013snarlyjack, You have been around this thread since the beginning and I have learned from you, as well. I appreciate your confidence and request to be the moderator. Due to time and business commitments, I am unable to undertake that role. I will ...
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Phx62 replied Oct 6, 2013Click on my name and read my last dozen posts....your answers are there.
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