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Phx62 replied Apr 21, 2015Yes, I used the CM to set the original SL, TP"s and to move SL to BE after 35 pips. I also am using a 65 pip emergency trailing SL but usually close manually on consolidation or pullbacks if TP's are not hit. I found the 50 pip trailing SL to be too ...
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Phx62 replied Apr 19, 2015emmanuel, The most obvious reason is that both of the candles that you indicated occurred on Friday (the red vertical line indicates a new week). As I am certain you already know, Friday is not usually a good day to open trades late in sessions, ...
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Phx62 replied Apr 18, 2015Only three trades this week. One has already been posted. Here are the other two. image image
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Phx62 replied Apr 14, 2015This was not one of my normal PA/TDI trades. It was a news trade. Get in, get some pips and get out. No one knows how many pips a news trade is going to move. In this case it hit my TP right away. I did not break it into 3 TP's because I was trying ...
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Phx62 replied Apr 14, 2015Took a GU H1 trade today following the 3 US red news releases. Waited for PA to determine a direction, knowing all 3 releases were not good news for the dollar and entered. Had the CM set for 100 TP & 50 SL with a 50 pip trailing stop. Had to one ...
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Phx62 replied Apr 10, 2015On Wednesday & Thursday EU did not set a high or low of the London session right away and the EA pair did. I did a couple of BE trades on EU but was not profitable on those days. I chose to not wait for the highs to be set later in the session. EA ...
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Phx62 replied Apr 8, 2015Pervis Nice trade. The candle I enter on has to do with price action and if I see the possibility of a continuation of the move that has already been established during the late Euro/Frankfurt sessions. If price has moved strongly in one direction, ...
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Phx62 replied Apr 7, 2015I seldom trade the Frankfurt candle because most times price reverses with the first or second London session candle. In fact, I am usually asleep during the Frankfurt session and set an alarm to see the open of the London candle. If price is not ...
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Phx62 replied Apr 7, 2015Two trades so far this week on EU H1. Trade 1 entered on price action only....no TDI confirmation. Trade 2 entered on a break below the Frankfurt candle and a break below yesterday's low. The LO candle set the session high for the day giving a price ...
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Phx62 replied Apr 3, 2015In most cases, I focus on one pair, on one time frame, each day. I determine what pair I am going to trade each week and sometimes each day, based on a number of things like price movement, candle patterns, S&R, upcoming news, trend lines, etc.. I ...
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Phx62 replied Mar 28, 2015On the Monday trade there was no clear TDI signal to enter short at LO. The signal to enter occurred 3 candles earlier. I was also aware of the brown trend-line and 200 EMA just below. There was still a strong up-trend on the higher time frames. I ...
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Phx62 replied Mar 28, 2015Q1. Yes, it is the same TDI that I have used for years, downloaded from Compass many years ago. I tried other versions but kept coming back to this one. Q2 & 3. In the multi-lot trades, I used one market order of 3 lots with the CaveManager preset ...
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Phx62 replied Mar 27, 2015Per PM requests, here are my trades on EU for this week (my favorite pair to trade when the ADR is higher than 120 or so). Took a total of 7 EU H1 trades and 1 M15 trade. Six of them were with 3 standard lots with 3 different TP's, one was a 1 lot, ...
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Phx62 replied Mar 18, 2015Last post for the week.....last trade for the week......more than enough pips and no need to give any back. Going to take a few days off and go to our cabin in the mountains. Entered EU M15 following the FOMC news releases, once price determined a ...
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Phx62 replied Mar 18, 2015I normally would take the trade there but I knew GBP had red letter news coming up and I did not want to be stopped out by the whipsaw price movements that occur during news releases.
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Phx62 replied Mar 18, 2015Caught part of it on the M15 following GBP news releases. I'm still testing emannuel's settings on the CaveManager EA. The trail stop took me out earlier than I would have manually exited on the second part but both lots were still in profit. The ...
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Phx62 replied Mar 17, 2015Thanks for the comments. I did use the Trail_by_Prev Candle High-Low set to 5 pips behind and active after 20 pips. The exit shown on my charts is where I was taken out of the trade. Still experimenting so I don't know why it did that but will keep ...
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Phx62 replied Mar 17, 2015GJ H1 London session.....entered 2 standard lots on a break below the Frankfurt candle and the consolidation of the Asian session low. The LO candle set the high of the session. I changed the settings on the CaveManager to exit 1 lot at 100 pips and ...
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