- Search Energy EXCH
-
Olarion1975 replied Dec 20, 2012Very nice!
Missed that one... Btw, what is the other MA on your chart? Do you use it for entry decisions?Buy sell line trading
-
Olarion1975 replied Dec 20, 2012Today I took 3 trades after the profit in the morning...one on H4 and two on H1 for a total of +44 pips. More than enough...
H4 NZD/USD +9 pips (type 2) H1 NZD/USD +11 pips (type 2) AUD/CHF +24 pips (type 2) These 3 trades made my account ...Buy sell line trading
-
Olarion1975 replied Dec 20, 2012Hi novice, the trade was not quite according to the rules, because I did not wait for an engulfing or typ2 entry. But the entry was below the 50sma and according to price action (reaction to s/r level). So partly rule-breaking I guess...

Buy sell line trading
-
Olarion1975 replied Dec 20, 2012Woke up with profit...my trailing SL stopped me out at +26 pips for NZD/JPY and +25 pips for AUD/JPY. I am happy with that!

Buy sell line trading
-
Olarion1975 replied Dec 19, 2012Reentered short NZD/NZD/JPY as I was pretty sure that it will break down...entry not quite according to the rules, but support became resistance...+44 pips and running...trailing EA is enabled and I go sleeping now!
UPDATE: +55 now...and ...Buy sell line trading
-
Olarion1975 replied Dec 19, 2012Hi arkan, it depends on how much risk you are willing to take. Me personally, I take maximum 2 trades at the same time. If one of theses trades is at break-even or profit is locked, I might open another one. Cheers, Olarion
Buy sell line trading
-
Olarion1975 replied Dec 19, 2012Here is a nice live trade on NZD/JPY I am just in...it will compensate the loss on the USD/CAD trade I think.
I shorted afer the engulfing bar below the 50 sma...my target is the daily s/r line from March (!!)...that would be about +150 pips. ...Buy sell line trading
-
Olarion1975 replied Dec 19, 2012Hi puntalara, yes, it looked good and I took it...and lost. But that's the game of trading. You will have some losing days, but as long you are positive over the week it won't hurt you.

Buy sell line trading
-
Olarion1975 replied Dec 18, 2012Hi PGPB, I trade beside my daily job in the office. In general I look through the charts every new hour for spotting setups on the H1 and H4. If I see a setup (engulfing, type 2 or inside bar) I quickly look at the higher time frame trend and the ...
Buy sell line trading
-
Olarion1975 replied Dec 18, 2012My trade of the day...type 2 entry on Gold, H4 time frame (screenshots attached). SL above last swing high = 30 pips. Take profit at daily s/r line for +266 pips
Risk/reward =1:9 !! Overall result today with H1 and H4 entries = +313 pips = ...Buy sell line trading
-
Olarion1975 replied Dec 18, 2012Nice christmas tree...how can you trade with this information overflow??

Trading EURUSD only
-
Olarion1975 replied Dec 17, 2012AUD/USD was pretty much ranging...better trade trending pairs. For consistent profits and high win rates stay with H1 and H4 time frame.
I will post some charts later...I am up +70 pips today. And always take a look at daily (and weekly/monthly) ...Buy sell line trading
-
Olarion1975 replied Dec 13, 2012Ahhh, ok. The MT4 function only works on "normal" pairs, not on offline charts.
Still Basketting
-
Olarion1975 replied Dec 13, 2012Hi Darren, attached you'll find the modified version of the trailing EA. I posted my request in the "Platform Tech" section and RaptorUK did the modification. I tested it and it works perfecty!! The stoploss is now only stepped if the candle close ...
Buy sell line trading
-
Olarion1975 replied Dec 13, 2012It works perfectly! RaptorUK, you have my vouch!

Modification for trailing SL EA
-
Olarion1975 replied Dec 13, 2012Hi dryclean, it is a default function in your MT4. Look in your terminal window --> alarms.
Cheers, OlarionStill Basketting
-
Olarion1975 replied Dec 13, 2012Thank you very much, Raptor! Will try it. Merry Christmas for you, too. Cheers, Olarion
Modification for trailing SL EA
-
Olarion1975 replied Dec 13, 2012I trade AudJpy, AudUsd, ChfJpy, CadJpy, EurAud, EurCad, EurJpy, EurUsd, GbpChf, GbpJpy, GbpUsd, NzdJpy, NzdUsd, UsdCad, UsdChf, UsdJpy, Gold (XauUsd), Silver (XagUsd).
Buy sell line trading
-
Olarion1975 replied Dec 13, 2012Darren, you have my vouch for sharing this great strategy!

Buy sell line trading