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Vantage replied Jul 3, 2009Mrs V rose from her sick bed for a mo and has already poked me with a sharp stick on that, out at BE, looking for re-entry.
1 hr HAMA, 6 ema
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Vantage replied Jul 3, 2009Will do thanks. I'll still be trading higher lows/lower highs the wrong side of HAMA and will exit quicker. Its just that the trades on the right side of the HAMA I'll be looking to stay in longer.
1 hr HAMA, 6 ema
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Vantage replied Jul 3, 2009Yep I see exactly, monthly pivot just below at 1.6335. I missed this one, doing a bit of home care Mrs V has the flu. As we speak I'm off to make tea!! Great trade though. The brown ema is a 252 and approximates the 21 on hourly.
1 hr HAMA, 6 ema
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1 hr HAMA, 6 ema
Started Jul 3, 2009|Trading Systems|89 replies
I often get good entries on 5 min charts from lower highs and higher lows. A big failing is ...
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Vantage replied Jul 3, 2009Sorry to rain on the no indi parade. Islander I'm giving a lot of thought as to how to use the hull ma that you posted. The bounce from 6350 on 5 min looks like this on 1 min. Not normally a trade I would have taken as the 1 min 21/hama is heading ...
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Jul 2, 2009A nice bounce from 6335 M pivot. At this stage I'm still looking for places to sell, unless we have a hl or other good reason to buy.
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Jul 2, 2009Same trade, same missed re-entry "as we typed".
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Jul 2, 2009Darn was giving an update to Mrs V (she's sick in bed) and doing the above post and missed this 1 min re-entry
.Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Jul 2, 2009Hammers are normally a good reversal signal, yes. When they fail then thats a signal that the downtrend is still on. PA below 21 ema on 1 hr (brown ma on my 5 min chart) sold failure at bottom of hammer exited at 6352 when green M1 held.
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Jul 2, 2009I've only had 1 BE trade so far. 6410 obviously a very tough area looking back at Tues pm and Wed. If it breaks could be good fall, we'll see what London brings on int rate day for Eur.
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Jul 1, 2009If we are above 21 ema/HAMA on hourly I'd like to keep buying until theres a good reason not to (double top/lower high/divergence). If I have exited a trade and it retraces and carries on up I'll look for re-entries based on the threads higher lows, ...
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Jul 1, 2009Not all candles created equal — I trade basically 3 ways. Hammers/shooting stars, lh's/hl's and continuation trades above below 21 ema's. On 5 min chart if price confirms 1 pip above/below set up candle then I'm in. Hammers/shooting stars are ...
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Jul 1, 2009Hi orientos Not all candles are created equal. Hammers and shooting stars at end of runs and also in direction of trend are some of the best.
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Jun 30, 2009We'll have to agree to dis-agree on this one.
Psych Levels, Pivots, and Trendlines - Resurrected
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Vantage replied Jun 30, 2009This gives a good idea from 5 min what we are looking for. Frankfurt hour was above the HAMA so only looking for buys, When London opened had a lower high and then below the HAMA the whole time, almost. From LO we were just looking for sells.
Mrs V's fave 1 min entry
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Vantage replied Jun 30, 2009I've added the latest templates that we are using onto page 1. Changes to original set up, on 5 min chart general rule we want to be sellers only below HAMA (21 ema) and buyers only above HAMA. We have added the hull ma onto the 1 min and that gives ...
Mrs V's fave 1 min entry
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Vantage replied Jun 30, 2009Just sold gu at 6565 exiting at target, daily pivot, for +36. Gu has been a sell for most of day (under 5 min 21 ema/HAMA) and this prob a nice end to week for me.
Mrs V's fave 1 min entry