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Vantage replied Nov 29, 2013You have alligator, yellow line (whatever that is) and a 200 ema. Pick one, what the heck pick the yellow line as a trend definition. Having picked it understand what its telling you. Take the fibo off for now also. Ditch the fractals also.
My Berkah_TS
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Vantage replied Nov 29, 2013There's nothing wrong with some (minimal) indicators to provide you with a trend definition to give your buy above sell below bias. Apart from your trend definition try taking everything else off. Expand your charts just a little to see the candles ...
My Berkah_TS
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Vantage replied Nov 28, 2013Knocking on the door of Y's highs. With the US hol's and a storm here decided to exit at +70. 2 days 2 trend trades +180 pips, I'll take that any day (or 2) of the week.
Higher low, lower high system
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Vantage replied Nov 28, 2013Mmmh if we do break out higher above 1.5030 the next resistance level I see (you'll need a monthly chart) is 1.55. The key word as always is if. Might not be the volumes today with US hol's.
Higher low, lower high system
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Vantage replied Nov 28, 2013OK we are challenging the highs/D pivot at 1.4934 ish and time should quickly tell if we can push higher or if move is a fake out.
Higher low, lower high system
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Vantage replied Nov 28, 2013Bought euraud 1.4888 with a bit of a base forming, Asian session low has held for the last 11 hrs or so. 1hr inside candle with an upper wick. There is a problem at 1.4930 where we fell from this morning. Will post charts as usual if trade pushes up ...
Higher low, lower high system
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Vantage replied Nov 28, 2013Got a message from someone commenting on the CT moves on the 1hr chart in post 6852, yes there are 1 or 2 that work but they are a minority and most fail. I'd totally agree and normally a losing CT trade will = a failure to get back into the trend ...
Higher low, lower high system
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Vantage replied Nov 28, 2013You could scan many pairs D charts at the start of each day to find something that meets your trend definition. Once trend is there most will last for several days or weeks. The issue then becomes do you want to add other pairs when one is trending ...
Higher low, lower high system
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Vantage replied Nov 28, 2013So if you have a view that from 21 Nov its an uptrend and buy only then the only issue is on what basis will I buy? You could use an oscillator going over sold, retrace below then above a ma, candle pattern from a pivot/RN/fib or some kind of pa ...
Higher low, lower high system
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Vantage replied Nov 28, 2013Then taking it one step further. The x's mark weak candles that cannot cause a cross of the 8lwma or RSI. Could they be the start of a CT move, sure. Just as likely they are a pause before continuation of trend. Also added support/resistance levels ...
Higher low, lower high system
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Vantage replied Nov 28, 2013Have a look at this euraud D chart. Look for the 3-7 day turns in the market that result in a move above or below the 8lwma or RSI cross. Once crossed from there the focus on 1hr or 15min is for retraces and resumption of D trend. Buying 1hr/15 min ...
Higher low, lower high system
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Vantage replied Nov 28, 2013Hi Martin Just wondering if you had another look at these posts would things be any clearer? Trend (taking D view above below 8lwma, RSI and 3-7 days for turns to confirm change in trend), CT from proven turn areas in market. Quite simply ...
Higher low, lower high system
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Vantage replied Nov 27, 2013EA took its first trade on EJ and there are some stops issues that need to be sorted. Again its envisioned that the EA would take 1 trade per day and in this case it would have been in Asian session around 137.50. I just opened it up for first time ...
Higher low, lower high system
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Vantage replied Nov 27, 2013The ea has just taken 1st trade (demo) on gbpaud. It wasn't on before, the first trade of the day should have triggered around 1.7814 or 100 pips earlier. Only time will tell if the 1 trade a day filter will work.
Higher low, lower high system
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Vantage replied Nov 27, 2013These are the buy rules so hopefully you'll clearly see that the 3 bar reversal trend trades are correct and not cherry picked. A friend of mine has contacted me to say that he has a test ea from fx pro's quant system (only works on fxpro acc's) ...
Higher low, lower high system
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Vantage replied Nov 27, 2013These are the charts for the rules as envisaged for an ea, see link in post url - I have left all the 3 bar reversals in. Again I have highlighted this mornings trades with the red lines in terms of the rules and I hope no errors. Euraud might ...
Higher low, lower high system
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Vantage replied Nov 26, 20131hr chart without the pivots to see entry a little clearer.
Higher low, lower high system
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Vantage replied Nov 26, 2013D shooting star viewed as a pause in uptrend, as mentioned this morning. A clear base above S1, engulfing 1hr 3 bar reversal. Entry 1.4749, exit +113 when a big storm hit here (one of those when the lightning unexpectedly hits close you really, ...
Higher low, lower high system