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Vantage replied Feb 9, 2013Trade Rules These rules are very close to ours. I have been asked by someone to help with their trades rules which is not possible. All I can do is say what mine are. These are our bread and butter trades, those that do not comply with this will be ...
Higher low, lower high system
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Vantage replied Feb 8, 2013The initial move down was a little early for us. Entry clear, exit when W M2 appeared to be holding after the previous rejection 2 hrs earlier. +46.
Another simple system - Time-Frame 15
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Vantage replied Feb 8, 2013Why don't you put your thoughts up why. For now forget about 200 ema. Any other thoughts as to why moves failed, look at immediate flow, other TF's and SR levels.
Another simple system - Time-Frame 15
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Vantage replied Feb 8, 2013Not necessarily W closes. I look for proven turns in the market. I start with the bodies of closed candles and then accept turn can be an area between body close and wick. So if bodies of candles 2 months or 2 years ago (eg see where/what caused ej ...
Higher low, lower high system
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Vantage replied Feb 8, 2013Agreed, as a guide above/below 200 ema is a good one to follow. Add in SR levels, flow and some other trading basics is what makes the difference.
Another simple system - Time-Frame 15
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Vantage replied Feb 8, 2013Head hurts, need a break, coffee and panado in that order. Mrs V phoned earlier and asked if the ej 1hr hammer was a buy. I said no, its a darn good candle but its just 1 darn good candle, even if its rejecting a prev days low. That does not prove ...
Higher low, lower high system
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Vantage replied Feb 7, 2013Just thought I'd chuck up D charts to show the previously identified SR levels.
Higher low, lower high system
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Vantage replied Feb 7, 2013Recap 7 Feb Interest rate day UK and EUR. EUR - Price moved up to the W pivot where it stalled for 4 hours, bias down then played out. GU - Bias up played out. EJ - View was short term bias down but should flow confirm move up on 1hr with positive ...
Higher low, lower high system
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Vantage replied Feb 7, 2013EJ moved up to the area of the highs in 1 big 15 min candle this morning then spent 4 hrs going nowhere. D divergence, 1hr engulfing negative close. 15 min lh little/no lower wick in direction of trade. Out at the prev days lows +79. One thing we ...
Another simple system - Time-Frame 15
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Vantage replied Feb 7, 2013My 2c. I dunno I work on a methodology/systematically whatever you want to call it and as far as I'm concerned the same general scenarios appear on most days. So much so that the general wording of every trade we take (OK well the overwhelming ...
Another simple system - Time-Frame 15
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Vantage replied Feb 7, 2013EJ moved up to the area of the highs in 1 big 15 min candle this morning then spent 4 hrs going nowhere. 1hr engulfing negative close. 15 min lh little/no lower wick in direction of trade. Out at the prev days lows +79. One thing we need to work on ...
Higher low, lower high system
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Vantage replied Feb 7, 2013Hi there me ole mate!! Mrs V, when health permits, is on a good run. Oct, Nov were great, Dec Jan not. Missed half of each of those 2 months with Xmas break and most of the rest with her back issues. This week/month she is on fire, just exited EJ 15 ...
Higher low, lower high system
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Vantage replied Feb 6, 2013Being GU EUR interest rate day today there is every likelihood that Mrs V will take the chance to rest up until after the news. So probably no trades this am and we'll see what plays out after.
Higher low, lower high system
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Vantage replied Feb 6, 2013Recap 6 Feb EUR - View was D positive close should follow through higher. Bias up. Failure for that kind of D candle not to go higher should sound some alarm bells. A scrappy day lots of lower wicks after London open then a small fall going into YS ...
Higher low, lower high system
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Vantage replied Feb 6, 2013Yesterday 1st trade ej buy 127.08. 2 large lower wicks on 1hr, often in trending market I suppose this would be a good enough set up. With divergences on D, 4hr and 1hr perhaps not good enough for today. Not closing across the 1hr 8lwma is a bit of ...
Higher low, lower high system
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Vantage replied Feb 5, 2013Recap 5 Feb EUR - Bias was down. We got a doji at W S1 1.3464 and the identified support level that sparked a return to trend. GU - I had 1hr can go either way its on a higher low and lower high. Bias up but if 1hr falls it will shift short term ...
Higher low, lower high system
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Vantage replied Feb 5, 2013Just want to say thanks for those that have pm'd with some kind thoughts for Mrs V, suggested medicines or even a dr and hospital reference. Thankyou so much
.Higher low, lower high system
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Vantage replied Feb 5, 2013Nice trade nice exits. No problem that you don't use the same indi's. Mrs V's back was giving her some stick and she at that stage wanted out. She felt that the rejection of move up (theres a
moment coming but its true) meant 1 thing, its going ...Higher low, lower high system