- Search Energy EXCH
- KumoDragon replied Oct 18, 2010
Do you only trade the H1 chart? I ask because I'm wondering if that would be a better idea for me. I'm trying out trendmagic because I'd like to learn a method that when I get up at 6 AM I can find 1-2 trade and stay in till 11 Am for the bigger ...
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 18, 2010
Do you think you could post some charts of your entries and why you took them? I would like to see.
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 18, 2010
I have a question about moving the Stop as per the first post. We move the stop to the last plateau (straight sidways line) the TM creates when that plateau can no longer be changed by a move of the TM? So, right now I'm in long trade. A plateau was ...
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 16, 2010
Yes, I know it's not in paulus original method. It just seems that if you just blindly enter on the change of the TM and it happens to be a ranging day you could get screwed pretty quick.
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 16, 2010
Yes, I know about the news coming out at that time. But, regardless of news thats the set up for TM + H/L/LH set up right?
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 16, 2010
H/L/LH + TM — Bug and or Vantage, on this jpeg I've marked a H/L/LH sequence that matches up with TM & BB from last friday 15th of OCT on EUR/USD. In the US session. Is this more or less what you look for before entry? And where would either ...
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 16, 2010
Yes, I check FF religiously for news before trading. I guess I'll go back to EU for trying out this method then. Though I tend to like GU better as it has bigger moves when it takes off. Do you trade EU during the US session? P.S. mmmmm looking back ...
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 16, 2010
Why do you say only trade GU then, it has plenty of movement in the US session? Also, Im in US central time so that is about 1 AM for me I think, so thats not going to happen. My charts are +0 and the spread was about 4 when I was trading for GU.
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 16, 2010
Here are my stupid stupid trades from friday, Oct. 16th. Any comments of how I could have done better, using this threads method, are welcome. Trade are marked with a green or red dot for long or short. The trades are all taken on the 5M on GU. I ...
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 16, 2010
I'm familiar with looking for H/L/H sequence through using sonic. ( Stopped using that because there were some good trade because of it, but also a lot of fakeouts) My questions would be when do you enter using trendmagic and H/L/H, do you wait for ...
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 15, 2010
Lost -151 pips with this one today. — Well, tried it today and I lost -151 pips on GU today, over 5 trades, trading the 5M. Probably not the greatest day to start being friday. One trade could have been +50 but got stopped out at BE, should ...
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 15, 2010
Short answer. No. You always have to pay the spread.... and then beat the spread to go into profit. Even if it is fixed and small. If a broker has a commisions you have to pay that doens't mean there is no spread. Just because they may be an ECN ...
avoiding paying the spread
- KumoDragon replied Oct 15, 2010
Early exit? — Hi, another question. Here is something that I saw today. Got up today saw both TM and BB were red. So, I got in short as it didn't look like a bad spot. Shortly thereafter both BB and TM turned blue, but price had not yet hit my ...
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 15, 2010
Thanks a lot for your clear answer.
Part 2 EURUSD Trend magic System
- KumoDragon replied Oct 14, 2010
Entry question. — Hi, just got through the whole thread. Seems a very nice and simple method. I have question on the entry though: "Entry long BB MACD blue TM goes from red to blue Entry Short BB MACD red TM goes from blue to red" 1. As I ...
Part 2 EURUSD Trend magic System
- KumoDragon replied Sep 29, 2010
What? You are the one bringing up pippettes, please refrain from posting in this thread any longer I'm trying to get honest opinions on the original subject. Not discuss what pips and pippettes. To clarify I was stopped out when the spread widened ...
Do GU spreads widen at 0500 ET?
- KumoDragon replied Sep 28, 2010
You are incorrect, they (ibfx) call the last digit a pippette (1/10 of a pip). The spread that stopped me out was 20 or more full pips. If I trade at a $1.00 a pip lot size, and the trade goes my way they show the increments inbetween a full dollar ...
Do GU spreads widen at 0500 ET?
- KumoDragon replied Sep 28, 2010
Heres the last chat I had with support. My first one wasn't so polite. Full of bullshit or not full of bullshit? Give me your opinion and why you think so, because I'm seriously thinking of finding an ECN to trade with instead if this is broker hi ...
Do GU spreads widen at 0500 ET?
- KumoDragon replied Sep 28, 2010
My definition of a pip is pip, the xtra didgits are pippetts.
Do GU spreads widen at 0500 ET?