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- CrocodileRex replied Feb 18, 2019
The problem with this statement is FXCyborg himself also posts examples where the third bar engulfs both the first and second bar. here are two examples where the setup bars are engulfed for the first and second bar. It would be better if he himself ...
- CrocodileRex replied Feb 17, 2019
well, i was just following the first post of FXC with his euro 30min example. It's 15 pips for the first bar and about 4 pips for the second bar. the candle body is not similar or equal at all so i was thinking maybe he was using the body length and ...
- CrocodileRex replied Feb 17, 2019
thanks for the comment. are we measuring the body of the candle or the total length of the candle now? FXC said at the first post it should be measured for the body of the candle but there is an example where he is measuring the candle length. So i ...
- CrocodileRex replied Feb 17, 2019
NJ m30 setup, trend was down bearish, changed to 15min and 5 min for entries. but the setup still failed.
- CrocodileRex replied Feb 17, 2019
Hi FXC, can you comment on the three examples you showed here. You said third bar cannot engulf the second bar but these three examples clearly engulfed all the bars in a strong way. Are they invalid setups?
- CrocodileRex replied Feb 14, 2019
UJ is in a clear uptrend based on your H1 chart. Shouldnt you consider it invalid to trade against a strong uptrend? it worked mostly because of the retail sales news.
- CrocodileRex replied Feb 11, 2019
great and clean looking indicator. But it would be great if there is an option that shows the third bar to be able to detect closing above/below the first bar open. Attached usdjpy m30 that did not detect the setup while my other indicator detects ...
- CrocodileRex replied Feb 7, 2019
took this trade earlier that took out my stop. my stop was at about 5-6 pips from the breach level. any comments?
- CrocodileRex replied Feb 6, 2019
the setup looks good. It's just that i think the stoploss is too little for this pair. with your spread of 1.6 pips for CJ, it's almost 20% of your total stoploss. I am getting 0.3-0.5 spread for CJ on my ECN but still i would not use a less than 10 ...
- CrocodileRex replied Feb 5, 2019
i had this level too but i discarded it was kinda tested to me now.
- CrocodileRex replied Feb 5, 2019
i think most of you don't understand that price needs to move away from the setup zone first. Maybe the thread starter didnt mention it clear. I think he did put in a few examples of price that worked even if it did not move away from the zone. Or ...
- CrocodileRex replied Feb 5, 2019
audusd H1 trying for a 1:1 here. let's see
- CrocodileRex replied Feb 4, 2019
i think it's time for someone to make a indicator for the setup. It's quite clear cut actually. 1) two consecutive bars with equal size candle length, maybe add a +/-5 pips difference 2) one engulfing bar at the opposite direction 3) signal start It ...
- CrocodileRex replied Feb 4, 2019
let's see if this is good. Cadjpy H1
- CrocodileRex replied Feb 3, 2019
well, you cannot take the extreme of cases and compare like this. I am talking about in general. So, from a scale of 1-10 people, can we conclude that 9-10 are gambling "MORE" in roulette/blackjack, 5-6 are gambling "LESSER" in forex, and so on. Yes ...
- CrocodileRex replied Feb 2, 2019
This is the best way to describe it i guess. Roulette, blackjack etc is a 9-10. Forex is a 5-6. To add more, i think shares markets is a 4-5 while real instate is a 1-2. There is always risks in each field.
- CrocodileRex replied Jan 28, 2019
That's a good suggestion but the stop seems too little, it was about 8-10 pips. I think it's quite risky for a volatile pair like EC but that's just my opinion. Yea it would be 2:1 already if I set stop at nearest high
- CrocodileRex replied Jan 28, 2019
EC H1 44 pips triggered. let's see.
- CrocodileRex replied Jan 25, 2019
EJ H1 18 pips, not very clear but it's valid for me, lets see if it triggers
- CrocodileRex replied Jan 24, 2019
EC H1 50 pips