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novice198 replied Jun 19, 201117th June Trades — Hi Phillip, Attached herewith pls see the to possible trades which i took on EU. FXDD Platform. 1st Trade a Long entry @1200hrs candle. CT trade as I was expecting the PA to head north towards 8 and 21 EMA. Usually I set my ...
4 Hour Strategy (MACD)
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novice198 replied Jun 16, 2011Hi Phillip, Thanks for the review of the above trade. However, I cannot download the attached zip file. I think there is no problem on my side as I can download other zip files. Thanks novice198 ps : managed to download the file.
4 Hour Strategy (MACD)
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novice198 replied Jun 10, 2011EU trade — Time frame 4H and TL break and retest setup plus Trend Continuation signal on MACD. Short Entry 1.4490, SL 60 pips and TP 60 pips just above the 200SMA. So far the PA is moving in my direction. 3 trades since begining of this week. ...
4 Hour Strategy (MACD)
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novice198 replied Jun 8, 2011Trade analysis — Long Trade based on the bullish candle off the 21ema with ZOB on the 4HTF. Long Entry 117.362 TP1 117.642, TP2 117.862 & TP3 118.112, SL116.72 However, after I entered the trade I realised the heavy divergence and the the Pins ...
4 Hour Strategy (MACD)
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novice198 replied Jun 8, 2011MACD — Nhuda, Thanks for the needful. Cheers novice198
4 Hour Strategy (MACD)
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novice198 replied Jun 6, 2011MACD — Something is wrong with my MACD. Can someone help. I am using FX Pro feed so it is 5 decimal places and I have changed the settings of MACD levels to 150, 300, 400 etc. Cheers Novice198
4 Hour Strategy (MACD)
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novice198 replied Jun 5, 2011Skype Room — From some of the posts it seems there was a skype room established by some of the Traders for this system. Is the room still up and running? If affirmative how can I join the room. My skype id is <novice198> . Cheers novice198
4 Hour Strategy (MACD)
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novice198 replied Jun 4, 2011Hi NaustingFx, 4 candles back we also had a signal to go short (break of channel and then retest and agian going down), but that trade failed. Any way we could have avoided taking that trade. Cheers Novice
4 Hour Strategy (MACD)
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novice198 replied May 25, 2011After reading so much about Touch trades, this time I did get the "feel" that the PA will retrace to 0.7700. I did enter the trade but a bit late though the PA retraced back to 0.7699 ( to the pip). Made some profit on Demo trading.
james16 Chart Thread
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novice198 replied May 18, 2011Hi aserbfx, we will miss you and yr stock charts. Get well soon and we have a long way to go inthis trading journey. cheers novice198
james16 Chart Thread
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novice198 replied May 6, 2011SC, Incase you are trading 2% per trade this means you took 4 trades and lost all and then still you went ahead with more trades to recover 7.2% back. Wow I would freakout if I lost 8% in one day. Actually I cannot loose 8% in a day as i wont be in ...
james16 Chart Thread
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novice198 replied May 6, 20112nd Failed trade — Full bar loss on the daily Short trade. Entry 1.3480 (which was just triggered) SL 1.3630 (Above recent highs) On the One hr TF the PA retraced back to the support line and then went down to trigger my Sell stop. Reason for ...
james16 Chart Thread
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novice198 replied May 6, 2011Hi Mike, Thanks for the explanantion. Will check the videos. cheers novice198
james16 Chart Thread
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novice198 replied May 6, 2011Yes SC, After i lost the trade I analyzed the trade again and did see that I was trading straight into the traffic area. may be next time I will be more choosy / picky. Cheers novice198
james16 Chart Thread
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novice198 replied May 6, 2011Thanks for the explanation. My reason for taking the trade was PB / BEOB combination rejecting a BRN, with the dominant trend and at a pullback area. I did tweak the SL inorder to get a better R:R ratio though it was at previous candle high. Being a ...
james16 Chart Thread
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novice198 replied May 6, 2011Another Failed Trade — Took a weekly trade on EUR/SEK. Entry Short 8.9060 SL 9.0750 SL was just hit for a full bar loss. Comments appreciated. Cheers Novice198
james16 Chart Thread
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novice198 replied May 6, 2011Hi Mike, Can you throw some more light on your trade. BEOB at swing low and you have taken a short trade which is against the norm. Knowing you your SL for the trade must be at the top of the BEOB which gave you an R:R of less than 1. I also see ...
james16 Chart Thread
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novice198 replied Feb 14, 2011Big E, Peace my friend Peace, I am very certain that you are making money, all that I am looking for is what goes in your mind when you enter a trade as all trades that you take have some differences with each other. For you trading this method is ...
Craig Harris Stochastics Method
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novice198 replied Feb 10, 2011Big E, I definitely find it difficult to Trade this and as such would luv to see the results of the demo trade as suggested by Neo. The results will give us inspiration as what can be achieved using the 5 EMA system. Cheers novice198
Craig Harris Stochastics Method
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novice198 replied Jan 25, 2011Joelcf, Don't get me wrong, but it seems that in this thread it is considered "cool" to bash people who use indicators for Forex trading. I know many of them who have made phenomenal money using the indicators. Obviously, the trades are not based on ...
james16 Chart Thread