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- hwsv07 replied Dec 16, 2008
sorry guys, still not familiar with some of the terms here. What's EA anyway? some program to trade for you automatically?
Stick to one system!
- hwsv07 replied Dec 16, 2008
the beast is mad. can't make up his mind.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- hwsv07 replied Dec 16, 2008
haha. this is gonna sound amateurish. but since but your rule2 it's gonna try and seek 50ema. then why are you bothered by the PA now? or are you trying to "buy the dips"? and lilmoe, just a setup question. is the setting for your system for MACD ...
Lilmoe's Trading System and Analysis
- hwsv07 replied Dec 16, 2008
classical bullish div — lilmoe, there's a classical bullish div on the CCI30 and MACD on the daily GJ. do you trade daily TF?
Lilmoe's Trading System and Analysis
- hwsv07 replied Dec 16, 2008
the chart classical bullish M30 — we have classical bullish divergence on CCI30 and the MACD. and yup, bekelas, i'm rereading all over again just to get it right. hope i got chart readings right. now waiting for M15 CCI30 to close above -100 ...
Lilmoe's Trading System and Analysis
- hwsv07 replied Dec 16, 2008
sorry bekelas. haha cos i am still getting used to divergence, so i probably sometimes just post the obvious stuff to make sure what i am thinking and writing is correct. hope you do not mind me... by the way, how would you know which TF to switch ...
Lilmoe's Trading System and Analysis
- hwsv07 replied Dec 16, 2008
hi i did read it right i guess. I did not say the bearish HD was not present. what i meant was, if a bearish HD was present, would that support your entry since it was a short?
Lilmoe's Trading System and Analysis
- hwsv07 replied Dec 15, 2008
Long GJ daily — Daily UTL broken. Classical Bullish detected. CCI cross from -100 to above 100. => trend reversal and seek daily 50ema. question is: but rule 1 is not satisfied? so weekly trend is not bullish.
Lilmoe's Trading System and Analysis
- hwsv07 replied Dec 15, 2008
hi i was thinking. there was no close below CCI -100. Bearish HD would be even better since it would be an enhanced short entry. I'm just sometimes confused about the SL management. how much TP should i be looking for?
Lilmoe's Trading System and Analysis
- hwsv07 replied Dec 15, 2008
sorry limoe, i did not really see the lower TL of the UJ. could you show on a chart? yup and i agree since the price has to be at least 100 pips below a major or strong s/r - fibo level, before short. it was a bad call anyway, as the PA went up.
Lilmoe's Trading System and Analysis
- hwsv07 replied Dec 15, 2008
long EJ — this is according to the rules. but from chart, there's actually a classical bearish. so would this have been a good entry?
Lilmoe's Trading System and Analysis
- hwsv07 replied Dec 15, 2008
short UJ 30m — is this a short according to the rules, lilmoe? below -100 CCI. below gann, 50ema, DP.
Lilmoe's Trading System and Analysis
- hwsv07 replied Dec 14, 2008
do you think the bearish HD would play out on the H1?
Lilmoe's Trading System and Analysis
- hwsv07 replied Dec 14, 2008
hi pipchick and lilmoe, i do get the idea of classical and hidden divergence already. perhaps i'm still not used to them. thanks for pointing out to me,and would appreciate your guidance should i make a wrong call again.
Lilmoe's Trading System and Analysis
- hwsv07 replied Dec 12, 2008
huh. then why does my broker put 136.287?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- hwsv07 replied Dec 12, 2008
do you mind taking out that particular time period out from your chart and show all the entry and exit points? my brain's going gaga just deciphering whether to enter cos there's hidden/classic bearish/bullish div and what not... thanks a million; ...
Lilmoe's Trading System and Analysis
- hwsv07 replied Dec 12, 2008
erm.. i still do not get it. isn't that the same case for as your example? for a Bearish HD: Price LL; Indicator HH. for my chart #579: my price was making lower lows. but my MACD was showing higher highs. does it not fulfil the condition? so just ...
Lilmoe's Trading System and Analysis
- hwsv07 replied Dec 12, 2008
would this be considered an enhanced entry? — short at retracement to 5sma. Bearish HD. But CCI30 is questionable. would you go for it?
Lilmoe's Trading System and Analysis
- hwsv07 replied Dec 12, 2008
yup i got it. thanks bro. but i could only confirm that on hindsight right? what if it goes past the 50ema, wouldn't that be too early to take a position then?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- hwsv07 replied Dec 12, 2008
don't i need to wait for the candle to close for confirmation, i mean i am following your system strictly. thanks! glad i'm getting all the signals right.
Auslanco - GBP/JPY and GBP/USD (newstrade)