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griffinssoul replied Nov 14, 2014I can see what you want to achieve because you're a PA trader at the core, right...lol. So HA candle smear out PA and you miss out on important information. Rather, HA candles are indicators and also help with psychology (but I bet you have that ...
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griffinssoul replied Nov 14, 2014Interesting emmanuel7788 - the only basic problem with the bottom one is that traders may get confused and start comparing PA (from HA candle) with the TDI, green&red lines. This would be a problem because they are not related. Just like RSI levels ...
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griffinssoul replied Nov 14, 2014Thanks for letting us know this is really important. The way I see it is you had the 4H & D TF against a long and the W TF is in consolidation so this doesn't stack the probability in your favour long - but! it does short , on a pull back etc... ...
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griffinssoul replied Nov 14, 2014...its too late to trade by the rules... 3rd candle... But otherwise, Mmmm... made a LL, but yeah may be... ??? EDT: oh, hang-on thats an perfect EW move up and its in the B-wave correction so a C-wave down is expected (just to over complicate ...
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griffinssoul replied Nov 14, 2014Wow! That looks like a great trade emmanuel7788, well done, I don't trade this pair...
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griffinssoul replied Nov 14, 2014emmanuel7788, so this is like a morning star pattern for HA? What is PCRF?
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griffinssoul replied Nov 14, 2014Thanks emmanuel7788, thats good to know. If you scalp the win% goes higher ... but I never like it [scalping] when traders risk more than 1:1 ... some traders don't even have SL at all!
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griffinssoul replied Nov 14, 2014I just downloaded the one from the first post - also I changed the colours because I'm use to normal candles ... lol
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griffinssoul replied Nov 14, 2014...just as an example: I would not trade this as - 4H symmetric triangle (consol), D&W bullish so 1H too risky... easy... but thats only for me, others may say this is a great setup and make a good trade...
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griffinssoul replied Nov 14, 2014What I do is practice everything and note my stats - then you can say for my trading style this is what I got so I should stick with that... it may be shorter TF etc.
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griffinssoul replied Nov 14, 2014Closed everything out @ EA +40pips, UJ +55pips, EJ +71pips, AChf +30 pips = 196pips That's crazy! Stuff I have picked up this W; higher TF toggles, stuff on bounces, TDI level 32/68, entry strategies, importance of LO entry,
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griffinssoul replied Nov 14, 2014nods80, this is what the author of the program stated - it also saves on CPU power... lol! Otherwise it will keep Ticking away all day...
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griffinssoul replied Nov 14, 2014Thanks emmanuel7788! By the way I was thinking about EU - looks good on 1H & W - lots of consolidation on 4H (symmetric triangle), what would you say?
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griffinssoul replied Nov 14, 2014LOL! The way I see it, there are plenty of trades on offer in the W. So, no need to take risks for small pips (when using real acc). If you go for the higher probability trades you may well get the win% promised by eelfranz, 70-80%. May green pips ...
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griffinssoul replied Nov 14, 2014The aim of the game is to anticipate bounces from genuine signals, I guess, so this is what we are practicing...
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griffinssoul replied Nov 14, 2014Hi nobs80, 4H&D look mighty bullish but the 4H is developing upper shadows ? So, you might get a trade in... risky... ?
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griffinssoul replied Nov 14, 2014Hi CT, PA's been too weird and risky... (1H TF)... hitting strong resistance @ 1164 but has peaks which will mess you up... lol
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griffinssoul replied Nov 14, 2014Ok, this is UJ +50pips heading into LO (chart 1H TF) : it looked good on 1,4H & D TF it was so bullish I turned into a matador... (others EJ +23, AChf +13). Notice that a bounce corresponds to lower shadows appearing on the 'HA' candles... these ...
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griffinssoul replied Nov 14, 2014
Great photo by the way! What a view! EDT: So, Average Price bars = HA ? Ummm...Trading Made Simple