If the shaded area breaks ... we get a fractal alert and a valid long trade ...
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DislikedWe still might get the break ... the shaded areas are the points to watch and get out if it looks like going to be rejectedIgnored
DislikedThanks ... I have more exciting stuff to come. Shortly, I hope to provide a buy/sell signal derived from how I trade ie it will look at all my 'rules' and alert you for a trade entry (from the dashboard).
My only concern with that idea is that some people will not learn how to trade. Teaching people to trade is my goal. I don't want to be a signal service ... this is a big dilema for me.Ignored
DislikedHere's what I'm seeing right now with Euro. Currently, I'm looking for a retracement up to the 50% fibo area to short again, which is 1.3805 on H4, and exactly 1.3800 on the Weekly.
Now, if we look at the last 300 candles on the H4, it's a clear downtrend, however, if we look at the weekly, we can see clearly that it is still in its upward movement, and this downward movement we've been having since November 2009 looks like a correction/retracement/pullback (all three name means the same lol) of this upward movement. Another words, our medium...Ignored
DislikedI took the same GBPUSD trade but I got 21 pips - do I win a prize? ;o) It's certainly helpful to see your thinking Stratman so I can only encourage more of it.Ignored
DislikedWorth the wait ... out for +18 pips. Time for bed now so catch you guys tomorrow
I'll try to give you guys more tips like this just before I take a trade. You can subscribe to this thread in such a way as to get an immediate email when a post is made.
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Dislikedgreat job, Stratman. looking forward learning from you..in the DB future update, do you think you can add this MTF synergy into the DB? more information here:http://www.compassfx.com/video/flash...AS2_Intro.htmlIgnored
DislikedIf that's the case, then I might have to test trade this once it's released! haha, been trying to figure out a way for which I can do scalp and medium/long term trades at the same time. Your dashboard just keeps getting more and more impressive. But in this case, won't it be pretty much the same as a EA? With the only difference being we have to manually place the trades once the signal appears, but I wonder just how accurate those signals are when compared to your own signal that you find manually?Ignored
DislikedI entered the following EU short Trade
Enter Price 1.3774
SL 1.3791
TP1 1.3762 (slightly above DPV)
TP2 1.3752 (slightly above Sweet Spot of 1.375)
Entered trade basis 15M and 5M trade and actual entry on 1M TF.
However, I got stopped out. The SL was tight as I did not want a bearble R/R.
PA touched my SL and then tanked 7 mins later. Was it my bad luck or is there something I missed out while placing the Trade. If former I accept the loss (live account) and if later then I must learn more.
Experts / seniors pls analyse and comment.
CheersIgnored
DislikedI am using GMT +1 for Broker time as I am using Meta Trader (Alpari). The Dashboard has been set accordingly.
Trust with above you will be able analyse the trade.
Cheers.Ignored