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Daily Chart 3-Candle

  • #301
  • May 17, 2018 3:09am May 17, 2018 3:09am
Quoting EVolta
{quote} Maybe a long.. see H1
Yes price retraces on 1h seems long
  • #302
  • May 17, 2018 7:16am May 17, 2018 7:16am
Hi everyone,

Short USDCAD at H4 & H12 continuation. Also H1 BUYING REJECTION LEVEL in same zone and trend already down.
Attached Image (click to enlarge)
Click to Enlarge Name: UCADCONT.png Size: 121 KB
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  • #303
  • May 17, 2018 7:24am May 17, 2018 7:24am
Long Gold. H4 still respecting yesterday's H4 SELLING REJECTION LEVEL & H1 SELLING REJECTION LEVEL and bullish 123 at same area.
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Click to Enlarge Name: XAUREV.png Size: 126 KB
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  • #304
  • May 17, 2018 11:31am May 17, 2018 11:31am
Quoting simoneg
Hi everyone, Short USDCAD at H4 & H12 continuation. Also H1 BUYING REJECTION LEVEL in same zone and trend already down. {image}

Had to pull my stops higher on this trade. Didn't see the H12 and Daily Bearish 123 setups a bit higher. Still short.
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  • #305
  • May 17, 2018 11:49am May 17, 2018 11:49am
Watching this NZDUSD H1 Close. Above these selling rejection levels I will go long.
Attached Image (click to enlarge)
Click to Enlarge Name: NZH1.png Size: 118 KB
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  • #306
  • May 17, 2018 12:09pm May 17, 2018 12:09pm
Quoting simoneg
Long Gold. H4 still respecting yesterday's H4 SELLING REJECTION LEVEL & H1 SELLING REJECTION LEVEL and bullish 123 at same area. {image}
Gold long still running. Double bottom with selling rejection at both bottoms. Now Bullish 123 on H4. Will continue to buy for now,
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  • #307
  • May 17, 2018 2:34pm May 17, 2018 2:34pm
Closed USDCAD & GOLD trades to breakeven.
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  • #308
  • May 18, 2018 1:47am May 18, 2018 1:47am
Sell
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20180518-094628.png Size: 164 KB
  • #309
  • May 18, 2018 1:07pm May 18, 2018 1:07pm
EA to try, based on rules on page 1.
Let me know the feedback.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.PNG Size: 77 KB
Click to Enlarge Name: 2.PNG Size: 47 KB
Attached File(s)
File Type: ex4 DC3C.ex4   33 KB | 551 downloads
  • #310
  • May 19, 2018 7:44am May 19, 2018 7:44am
Quoting Hairi
EA to try, based on rules on page 1. Let me know the feedback. {image} {image} {file}
Hi Hairi,

Thank your for this effort! I didn't get any setups on UJ for the entire year. Not sure if I did something wrong. Also, does it take into consideration rejection levels? Thank you!
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  • #311
  • May 19, 2018 7:57am May 19, 2018 7:57am
Quoting ficibald
Sell {image}
Hi ficibald,

While the setup was valid, here is what I always try to do. Mark ALL buying & selling rejection levels on my current timeframe and at least one timeframe above so I can have an idea of the LIFESPAN of my trade. So look at the chart below and see what killed your sell.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCORR.png Size: 92 KB
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  • #312
  • May 19, 2018 8:00am May 19, 2018 8:00am
Quoting simoneg
{quote} Hi Hairi, Thank your for this effort! I didn't get any setups on UJ for the entire year. Not sure if I did something wrong. Also, does it take into consideration rejection levels? Thank you!
Hi simoneg,

after re-read again all post starting post#1 until last post, i believe i miss some rules. Will rewrite/revised the EA rules again tonight.
btw, i’ve run the BT on GBPUSD, default setting H4.
  • #313
  • May 19, 2018 8:02am May 19, 2018 8:02am
Quoting Hairi
{quote} Hi simoneg, after re-read again all post starting post#1 until last post, i believe i miss some rules. Will rewrite/revised the EA rules again tonight. btw, i’ve run the BT on GBPUSD, default setting H4.
Thank you Hairi! I will try it!
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  • #314
  • May 19, 2018 8:05am May 19, 2018 8:05am
Now let's look at the USDCAD, That traded the levels regardless of news. News, to me, only gives fuel. So USDCAD, dropped to h12 SELLING REJECTION LEVEL which it was toying around for awhile and gave this awesome 115+pips 1 bar trade. Now look where it has stopped, right at the Monthly chart BUYING REJECTION LEVEL and below the H12 Buying rejection level. Then H4 forms buying rejection. So we are looking south for next week on USDCAD, while watching reaction to SELLING REJECTION LEVELS below.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCADOV.png Size: 99 KB
Click to Enlarge Name: H4UCAD.png Size: 88 KB
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  • #315
  • May 19, 2018 9:36am May 19, 2018 9:36am
Great thread.
  • #316
  • May 19, 2018 11:44am May 19, 2018 11:44am
Hi simoneg,

the more i read, the more i don't understand.
for "BUY SETUP", we have 12 possibilities. as below.
can you tell us, which my understanding is wrong??

and perhaps, you can edit my excel file for better understanding.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 33.PNG Size: 128 KB
Click to Enlarge Name: 44.PNG Size: 128 KB
Attached File(s)
File Type: xlsx DC3C setup.xlsx   25 KB | 698 downloads
  • #317
  • Edited 12:16pm May 19, 2018 11:50am | Edited 12:16pm
Quoting Hairi
Hi simoneg, the more i read, the more i don't understand. for "BUY SETUP", we have 12 possibilities. as below. can you tell us, which my understanding is wrong?? and perhaps, you can edit my excel file for better understanding. {image} {image} {file}
Hi Hairi,

Try to get the 123 setup first. Correct scenarios for buying would be 1,4,5,7,10, 11
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  • #318
  • May 19, 2018 11:58am May 19, 2018 11:58am
Also Hairi,

I got it to work on the gbpusd, had to adjust the spread value it seems. Looks good, so far. Only try to modify entry points a bit. Maybe to 10 pips from recommended entry, I see a lot of expired limit orders that went on to good trades. Sometimes manual trading requires that.
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  • #319
  • May 19, 2018 1:16pm May 19, 2018 1:16pm
And guys, more than EA can we have an Indicator or even a Dashboard? Just to help visually confirm the setups, that would help to go through pairs faster I would say...
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  • #320
  • May 19, 2018 1:19pm May 19, 2018 1:19pm
Quoting J1mm
And guys, more than EA can we have an Indicator or even a Dashboard? Just to help visually confirm the setups, that would help to go through pairs faster I would say...
Agreed J1mm, that's more what I am looking for. Just to be alerted of setups.
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