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TheScorpS replied Oct 2, 2014Yeah EA is consolidating after breaking a minor Descending triangle, I was up when PA was converging, but went back to sleep, later on PA on M15 closed below the triangle, from there there was the entry lying, now since PA almost consumed half its ...
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TheScorpS replied Oct 2, 2014Thanks for posting that, read it, read Phx62 books, look for similarities, study those and take them off TDI overbought or oversold, take them in a trending and at least I am trying to follow those formation in a trending market, along the pullback ...
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TheScorpS replied Oct 1, 2014Very good trade , TDI crossing from over sold area ie 32 zone is often good cross following a PCRF candle formation pattern, at the time of the entry TDI red green was open and extremely separated from each other, that indicates a momentum pick, so ...
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TheScorpS replied Oct 1, 2014What a lovely trades you are taking , apparently what I find most difficult so far is taking trades with the trend , so anything special you look for, will think that the trend is over, or I want the trend to get over to counter trend , but ...
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TheScorpS replied Oct 1, 2014GJ H1 triangle trading, where now PA apparently broke of the triangle +30 on this one
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TheScorpS replied Oct 1, 2014Nice one you have some good trades as well, now all you have to do is save those pips, I have another trade on GJ, will post that later
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TheScorpS replied Oct 1, 2014EA_H1 short was taken an hour before LO, sat a pending sell limit, came 1 pip from opening the order, but on M5 EMA 10 acted as resistance, and the order didn't opens, so I went on marker order short Closed manually +57 pips EA was going down, so ...
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TheScorpS replied Oct 1, 2014Hi Pips I still not sure where to take TP based on triangle breakout trading, needs to read over babypips I guess, also on elliot wave theory which needs a lot of studying so that will take time I guess GJ is still trapped inside the H1 triangle so ...
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TheScorpS replied Sep 30, 2014Here looking at this another example, but I think still time before breakout
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TheScorpS replied Sep 30, 2014Thanks pips, I am just starting to formulate something into trading these triangles, still new ideas that needs time I guess
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TheScorpS replied Sep 30, 2014Need to check that taking the break of the low is the correct timings of the trade, at least more testing is needed, Dee 50 took that trade on the break of the low of the previous 2 candles, so 3 scenario that goes in the same conclusion, ...
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TheScorpS replied Sep 30, 2014Let see what you guys think about this chart Now after viewing this chart, go back in time EU _H1 4th Sep 2014, draw your triangle, and see the setup candle and the entry candle , but that was before major news
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TheScorpS replied Sep 30, 2014Your trade is what TMS is all about, correct setup candle and correct timings, you cant ask for more, just follow what you are doing, you are starting very well and hope you can keep improving, even if things goes in the other direction after times ...
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TheScorpS replied Sep 30, 2014At the time of entry the real entry signal already took off, so basically entering there would be almost chasing trades, so I would rather take it here and no other place, this formation actually is quit frequent, and its one of the setup am ...
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TheScorpS replied Sep 29, 2014I was thinking about the same , I need to check my TDI with the one Phx62 uses , ie if there are any differences, for the time being, is CompassFX TDI available or you have to buy that ?
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TheScorpS replied Sep 29, 2014Everything seems to be in readjusting up or down, need to wait, so might be NYO or call it a day
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TheScorpS replied Sep 28, 2014Example of a pending order, that would allows a better drawndown into the trade after the first red setup candle, since there were 2 higher high wicks following over bought TDI, I was looking to get short, now when new candle forms with upper and ...
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TheScorpS replied Sep 28, 2014MrAussieFX I was thinking over this post since you wrote it down, I need to compile this post into a pdf, its a strategy on its own, I think the conclusion comes only from seeing this happens over and over again, ie comes from experiencing whats ...
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TheScorpS replied Sep 27, 2014Hi I was thinking about seeing all time frame at once printing M1 M5 M15 M30 H1 H4 D1 W1 MN removing the arrows, and let the color changes prints on the initial itself , I hope thats possible ie above EMA 10 blue initials, below red Sometime when ...
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TheScorpS replied Sep 26, 2014[quote=swingdjpj;7765469] Doing this will make you good pips most of the time, read this post , study the process into taking the trade, try it, do it, fail and do it again, you would make it Thanks for sharing
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