- Search Energy EXCH
- 7,473 Results (18 Threads, 7,455 Replies)
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stevepatt replied Jun 12, 2015Hi FxLapozi; I've been Trading Pullbacks in the the Higher Time Frame Trend and then waiting for Price Action at Support/Resistance for a long time. I can make this work for me, but there are a lot of occasions when after taking the time to analyse ...
Daily green/red candle
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stevepatt replied Jun 12, 2015Hi FxLapozi; No one can predict the Market. For every time your "predictions" are correct how many times are you wrong? There has been a Long Signal since the 2nd June, no one knows if the next Red Daily Candle, or Green for that matter, will start ...
Daily green/red candle
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stevepatt replied Jun 12, 2015Hi dimdel; For me it depends on the type of Setup Candle I'm entering at Market Price from. For me to enter at Market Price I would want to see a positive close of the Setup Candle. Something that might be worth considering is the amount of pips it ...
Daily green/red candle
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stevepatt replied Jun 12, 2015Hi dimdel; The only pair, where I see significant difference is NZD/JPY. We are in sync with the other pairs.
Daily green/red candle
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stevepatt replied Jun 12, 2015Hi FxLapozi; As dimdel, says you are correct in what you are saying about the Weekly Candle. But we are Trading the Daily Time Frame and there are probably hundreds of different permutations that could be used in deciding on a trade Setup. I've ...
Daily green/red candle
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stevepatt replied Jun 12, 2015Hi Erebus; When I took the image the AUD/USD Daily Candle was RED, when the New Daily Candle Opened it was GREEN so no setup. This is the Pending Orders I have.
Daily green/red candle
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stevepatt replied Jun 11, 2015Hi dimdel; I haven't got SP500 Oil or Nikkei on my platform so I will have to drop them. This is the setups I'm seeing for tomorrow, do you agree? EUR/USD-Sell GBP/JPY-Buy USD/CAD-Buy GBP/USD-Sell AUD/USD-Sell AUD/JPY-Buy Gold-Sell
Daily green/red candle
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stevepatt replied Jun 11, 2015Hi dimdel; Ok, I will see about making a start tomorrow, my New Daily Candle Opens at 21.00 GMT so this is when i will be placing my Pending Orders.
Daily green/red candle
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stevepatt replied Jun 11, 2015Hi dimdel; Is the US500 the SP500? I don't have the XTI/USD? or the JPN225? The others, we have 11 Forex pairs and Gold. Some of these i have never Traded before but I'm more than happy to follow your lead on this.
Daily green/red candle
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stevepatt replied Jun 11, 2015Hi dimdel; If you like, starting Monday, I will test the following pairs EUR/USD-AUD/USD-USD/JPY-GBP/JPY-GBP/USD-EUR/JPY-USD/CAD-NZD/USD-AUD/JPY risking 10% per day for four weeks. I will follow your rules, as you've set them out, my Broker Time is ...
Daily green/red candle
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stevepatt replied Jun 11, 2015Hi dimdel; You are spot on with this observation the method you have developed here is probably the first I've found, anywhere, that has no subjectivity in it's Entry/Stop Loss/Take Profit. As long as everyone is using the same Daily Start Time and ...
Daily green/red candle
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stevepatt replied Jun 8, 2015Hi iamsovereign; I completely agree with you, on the point of, over tweaking a Method to wring as much profit from it as possible. Like, Xavier has said back testing can give you a good feel for how a Method behaves. I think everyone is trying to ...
Daily green/red candle
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stevepatt replied Jun 7, 2015I've been looking for a filter to use with this method. I don't want to use a indicator because most of them lag the market. I've been looking at Fractals and Market Structure for filtering my Trades. The best thing to, if you are interested, is to ...
Daily green/red candle
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stevepatt replied Jun 4, 2015The GBP/JPY Buy Trade has reached the 1.50 Fib. Level the SL has been moved to BE +10 The GBP/USD Buy Trade is still active The USD/JPY Buy Trade is active The NZD/USD Sell Trade is active The USD/CAD Buy Trade is active I have 2% overall exposure ...
Daily green/red candle
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stevepatt replied Jun 3, 2015Hi AbhijetPandi; For this Method I'm not really looking for Support/Resistance, I surprise myself when I say that, but I want to keep this as simple as possible. We never know which Support/Resistance levels will have an effect on the Market until ...
Daily green/red candle
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stevepatt replied Jun 3, 2015My Pending Buy Stops on GBP/JPY and GBP/USD are in play. The other Pending Orders I have closed. UDSD/JPY Pending Buy Stop Yesterdays Bearish Trade failed to activate and yesterdays Candle closed Bullish hence I have placed a Pending Buy Stop ...
Daily green/red candle
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stevepatt replied Jun 3, 2015Hi Dildubai; I only Trade my usual suspects EUR/USD AUD/USD USD/JPY GBP/JPY GBP/USD EUR/JPY USD/CAD NZD/USD AUD/JPY EUR/GBP I've dropped USD/CHF because of the correlation with the EUR/USD. I'm Trading these pairs because they are the ones I know ...
Daily green/red candle
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stevepatt replied Jun 3, 2015Hi lifeismine; Unless everyone has the same Candle Open time there will be different setup candles. I am following Dimdel's rules of entry and exit I'm just using some discretion on the Trades I take. I'm using 0.5% Exposure on each Trade I take ...
Daily green/red candle
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stevepatt replied Jun 2, 2015Hi Xavier; Thanks for taking the time to do the back testing if I have time over the weekend I'll do some myself.
Daily green/red candle
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stevepatt replied Jun 2, 2015USD/JPY Pending Sell Stop GBP/JPY Pending Buy Stop GBP/USD Pending Buy Stop USD/CAD Pending Sell Stop NZD/USD Pending Buy Stop EUR/USD Pending Sell Stop from yesterday has been cancelled. I'm not placing Pending Buy Stops on EUR/USD or AUD/USD, ...
Daily green/red candle