Hi Itsallover, I don't use pivots, I like to keep my charts as clean as possible. I think you mean the USD/CHF chart; the attached image should show what I'm going to be looking for to take a trade. As far as the stop loss is concerned I've found a ...

Genesis Matrix Trading

First time posting on this thread, looks really interesting. I can only trade H4 and D1 charts, though, because of time restraints. I'd be grateful if someone could take a look to see if I'm going the right way with this. I did some back testing ...

Genesis Matrix Trading

Trade twenty one SL hit (-1R)

Mechanical Trading - Is it possible?

Trade Twenty Two entered short on USD/CHF H4 chart

Mechanical Trading - Is it possible?

Trade Twenty One entered short on NZD/USD H4 chart

Mechanical Trading - Is it possible?

Trade twenty SL hit (-1R)

Mechanical Trading - Is it possible?

By adding the SuperTrend MTF indicator I have been able to avoid choppy markets, like happened with the three AUD/USD trades I took on the 6th and 7th March. When trading the H4 charts I have it set to 1440 by doing this I'm also in alignment with ...

Mechanical Trading - Is it possible?

Update for close of markets on Friday 4th May 2013 Since opening this journal I have entered twenty trades. 11/02/13 USD/JPY Buy Result +0.87R averaging 54.4 pips 11/02/13 GBP/USD Sell Result +2.97R averaging 148.5 pips 12/02/13 EUR/JPY Buy Result ...

Mechanical Trading - Is it possible?

Setup just occurred on NZD/USD H4 chart. The only discretionary thing I do is whether to enter straight away or place a Buy Stop +spread +1 pip above setup candle, for a long, or a Sell Stop -1 pip, below setup candle, for a short. That's the only ...

Mechanical Trading - Is it possible?

Gone short on AUD/JPY H4 chart Update on USD/CHF and AUD/JPY trades 29/04/13 USD/CHF Sell Result 1.25R 02/05/13 AUD/JPY Sell Result (-1R) This trade ran into this "12:50am JPY Monetary Policy Meeting Minutes" when I back test this I'm not looking ...

Mechanical Trading - Is it possible?

Missed two trades this week one on EUR/USD on Monday and the other on AUS/USD yesterday. I wasn't around to take the trades no other reason.

Mechanical Trading - Is it possible?

Gone short on AUD/JPY H4 chart

Mechanical Trading - Is it possible?

I am trading using H4 charts, using these settings for the indicators being used.

Mechanical Trading - Is it possible?

I haven't been trading this way for a while because I have been looking at, a few, PA trading threads and trying to get my head around them, which to a certain degree I have managed to do. I've got to admit, though, it's far easier to check my ...

Mechanical Trading - Is it possible?

Thanks for the heads up on the TBCZ, something else to think about.

Price Action in Day Trading by Dadas

Can you check what I've done with EUR/USD, please, and see if we agree

Price Action in Day Trading by Dadas

Dadas, I will tighten my search for PTECZ and treat major swing points as something to also be aware of when looking for supply and demand levels. I will also make sure to look for PTECZs that correspond with the direction of the trend and are the ...

Price Action in Day Trading by Dadas

Here's how I'm seeing AUD/USD from the top down to H4. If you do this, over the weekend, with the pairs you trade it sets you up for the following week. Remember this is just the way I'm seeing it you might find something totally different.

Price Action in Day Trading by Dadas

Lets take a closer look at EUR/JPY H4 chart. If you are new to trading don't try trading below H4 until you gain some experience everything you need to know is in the higher TFs. I can remember reading James16 thread (which is one of the most ...

Price Action in Day Trading by Dadas

ktp I'll try to answer your question, Dadas will correct me if I'm wrong, you aren't plotting the PTECZs correctly see attached charts. As Dadas has said in the past you need to know where you stand "globally", what this means is looking for PTECZs ...

Price Action in Day Trading by Dadas