- Search Metals Mine
-
Nik-Nyc replied Mar 3, 2015Hi Mokuro, The reason's not to trade in my view are: 1) Previous candle closed with small blue body with wicks on both sides. "No small candles" is one of the many additional warning found in the BigE pdfs. 2)You entered when price had just entered ...
Trading Made Simple
-
Nik-Nyc replied Mar 2, 2015Hi Likica, I actually ended up entering (on demo) on GU . . . +8.1pips :-) . . . late entry, but PA, SR, & tdi confirmed :-) image
TMS for M30 charts
-
Nik-Nyc replied Mar 2, 2015Here is the chart after the RBA news on AUDUSD pair . . . image
TMS for M30 charts
-
Nik-Nyc replied Mar 2, 2015I was watching this as well, as GU is a pair i trade during my regular hours. I know PA, TDI, and S/R should determine the profit targets, but given that the session we are in is Tokyo, what would you say is a reasonable PT? Usually in Asian session ...
TMS for M30 charts
-
Nik-Nyc replied Mar 2, 2015Hello TMS for M30 . . . and thanks Likica :-) @nods80 There is additional red news later in the day, Cash Rate & Rate Statement from RBA. I think market may be waiting for this. @Erebus Interesting video. I don't trade AUD, but am studying AUDUSD to ...
TMS for M30 charts
-
Nik-Nyc replied Feb 26, 2015Bobby, I would not normally answer a question directed at a senior member, but this one i am confident in answering. FO: Frankfurt Open LO: London Open EA: EURO/AUD (Note, EA can sometimes also be a reference to Expert Advisor, which is an automized ...
Trading Made Simple
-
Nik-Nyc replied Feb 26, 2015I think you are probably correct SJ. At least i hope so :-) I first encountered TMS thread about a month ago and started to devour dozens of pages a day and hundred's on the weekend. I recently began testing using the simulator ...
Trading Made Simple
-
Nik-Nyc replied Feb 11, 2015Trade #1 EURJPY TP 5pips (H1 Method) JPY was very strong against EUR and USD . . . I was hesitant because trade was pre-tokyo open, but plenty of momentum existed and TP was hit. Also, spread was higher than usual for this pair before i set pending, ...
As simple as possible: 00 level trading
-
Nik-Nyc replied Feb 11, 2015Trade#2 EURJPY TP +5 (h1 method) Very happy to have "normal" volumes back, watching charts in asian session during Japanese bank holiday is painful. @numberman: Will be watching your tweaked TP,TS,SL with curiosity. Good luck and thanks for sharing. ...
As simple as possible: 00 level trading
-
Nik-Nyc replied Feb 10, 2015Today during Sydney/Tokyo i will be looking at currencies outside my usual (EURJPY, USDJPY, EURUSD) because of the Japanese bank holiday. I will be trading 0.01 lot size but applying all the other rules of the H1 System. I have also started adding ...
As simple as possible: 00 level trading
-
Nik-Nyc replied Feb 10, 2015Question, don’t you think the best way to answer your question would be demo test this strategy, say with fixed TP & SL, but in conjunction with a trade journal that keeps track of alternative exit strategies? You could keep track of the ...
As simple as possible: 00 level trading
-
Nik-Nyc replied Feb 10, 2015Trade #5 GBPUSD TS +1pip (H1 method) Fourth TS of the day, thats 4 of out 5 trades. This was completely managed by the EA's within Wukar. Without EA would have hit SL before TP. I don't normally trade GBPUSD, but it had been moving nicely all day ...
As simple as possible: 00 level trading
-
Nik-Nyc replied Feb 10, 2015Trade #4 EURUSD TS +1.5pips (TS +manual)(H1 Method) Not the lowest risk entry, but the best of all setups for the pairs i am watching (usdjpy, eurusd, eurjpy). I was watching this trade closely on the M1 charts, after trigger price went almost ...
As simple as possible: 00 level trading
-
Nik-Nyc replied Feb 10, 2015Slow NY session for me, will post some thoughts on pairs i am watching: The following observations are made at the beginning of the 3rd hour from NYO, taking into account the H1 System only. Charts posted below, hopefully will be of benefit to a ...
As simple as possible: 00 level trading
-
Nik-Nyc replied Feb 9, 2015Trade #3 EURUSD TP +5pips (H1 method) The 1.13400 level has been good to me, both yesterday and today. Not easy finding setups this morning in TO, could this be because tomorrow is Japanese bank holiday and so its a "friday" mentality? Thoughts? ...
As simple as possible: 00 level trading
-
Nik-Nyc replied Feb 9, 2015Trade #2 EURJPY TS +.5pips(net) I think my Karma today is TS-ey. Then again as said earlier they are always welcome when considering the negative alternative. Thus far i have 2 TS for 1.4pips total, not easy pips but still 14% of my daily goal of ...
As simple as possible: 00 level trading
-
Nik-Nyc replied Feb 9, 2015Sada, very useful . . . i'm a big believer in this system and the traders that use and help us noobs learn it, pretty unique. Now that i know +90% is possible i guess i will have to make it a goal . . . pdf & bcc! @Sis., Asian session has its ...
As simple as possible: 00 level trading
-
Nik-Nyc replied Feb 9, 2015Trade #1 EURJPY H1 Method TS +.9pips (net) image
As simple as possible: 00 level trading
-
Nik-Nyc replied Feb 9, 2015I think you typo-ed SL instead of TS above, but otherwise we seem to agree. I won't say i love TS, but i will gladly take them over the alternative. And believe it or not, the small net profits from TS do add up . . . i see people splitting hairs ...
As simple as possible: 00 level trading
-
Nik-Nyc replied Feb 9, 2015Thats a really interesting post, will save for further analysis, thanks. I dont't have enough experience to give you my own numbers, but again from memory i have seen strike rate is the upper 70's to mid 80's from a few members including Udine. Here ...
As simple as possible: 00 level trading