- Search Energy EXCH
-
Vantage replied May 21, 2009Hi Royston I've attached the chart again and shown all the candles I consider a higher low up to 9.40. Firstly the wave lower must be higher than the previous low. Then for me I need to see a higher close green candle, the green candle gives the ...
Mrs V's fave 1 min entry
-
Vantage replied May 21, 2009OK ej 5 min again. An inverted hammer normally a very good prospect for a trade but stoch not confirming, not even close. On the first trade in a move we really want 5 min stoch to confirm and be crossed in direction of trade. 5 candles after the ...
Mrs V's fave 1 min entry
-
Vantage replied May 21, 2009Nedify I'm now finished for the day so I'll post another ej set up that we looked at and rejected and another nice move. The no-no trades are perhaps better than the perfect ones??
Mrs V's fave 1 min entry
-
Vantage replied May 21, 2009Sorry to clarify, when the 1 min signal comes after a good 5 min set up, the 1 min candles must be green for buys and red for sells. In this case the inverted hammer and the small range red candle just not in mho good enough.
Mrs V's fave 1 min entry
-
Vantage replied May 21, 2009Hi Nedify We stayed out of this one, when the signal came 1 min candles were just not acceptable. Must have pos close candle for a buy. There are so many good set ups that taking one like this is just not worth it.
Mrs V's fave 1 min entry
-
Vantage replied May 21, 2009By way of contrast to the trade set ups that result in a trade. EJ, the next 5 min hl is shown. The red line on 1 min shows the close of 5 min hl candle. The candle giving the signal (marked with an x) is a small negative close candle after an ...
Mrs V's fave 1 min entry
-
Vantage replied May 21, 2009Ej 2 trades. 5 min chart shows the hl. 1 min shows first signal after 5 min hl has closed. We did another re-entry trade which was a loser, we debated the shooting star inverted hammer on 5 min before the 2nd trade. We were a little worried but ...
Mrs V's fave 1 min entry
-
Vantage replied May 20, 2009Just showing the mirror trade on ej. 5 min shows the hl of early US session. 1 min red line shows the close of 5 min candle and the two immediate chance to enter from 1 min.
Mrs V's fave 1 min entry
-
Vantage replied May 20, 20095 min shows the hl, first of (early) US session. The red line on 1 min shows close of 5 min candle and then highlighted the first confirmed move i.e. signal that moves on a pip.
Mrs V's fave 1 min entry
-
Vantage replied May 20, 2009EJ 5 min hl close, entry taken from 1 min url post 94
Higher low, lower high system
-
Vantage replied May 20, 2009Gu for what its worth. Again red line shows the close of the 5 min hl. Next 1 min signal highlighted shows another good opportunity. 1st 1 min entry after a 5 min lh/hl is the best trade for us.
Mrs V's fave 1 min entry
-
Vantage replied May 20, 2009We tend to stay away from gu on the biggest of news days like MPC. Ej red line that shows the close of the 5 min hl candle which was a biggie 35 odd pips with good volume. 2 trades, first taken when we went above signal candle with an exit just ...
Mrs V's fave 1 min entry
-
Vantage replied May 20, 2009Thanks we'll have a think about which 1 we use. I tend to favour fewer signals but for those that count. Cheers.
Mrs V's fave 1 min entry
-
Vantage replied May 20, 2009I think its one of those is it crossing etc etc and open of next candle has moved on that micro amount to confirm.
Mrs V's fave 1 min entry
-
Vantage replied May 20, 2009No problem heres 1hr.. We've just exited ej trade so I'll post that now.
Mrs V's fave 1 min entry
-
Vantage replied May 20, 2009Hi Royston Can you pls confirm it looks like v2 is giving a signal at the opening of the next candle following all 3 crossing, is that correct? Thanks.
Mrs V's fave 1 min entry
-
Vantage replied May 20, 2009Oh yes UK MPC so gu can be a funny thing today. If in doubt stay away!!
Mrs V's fave 1 min entry
-
Vantage replied May 20, 2009Frankies hour is now so yes 9-10 on fxpro charts, the hour before LO. It does go back an hour when time change kicks in again in a few months time. Islander posts on the psych levels pivots and tl thread url he tends to be quieter in summer time ...
Mrs V's fave 1 min entry