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- piprac replied Feb 14, 2012
1st time here — Just discovered this thread yesterday, very easy to understand. Took 2 trades at midnight local time (-6gmt): E/J - buy @ 102.58, + 47 pips; E/A - buy @ 1.2318, closed with a -29 pips (very flat trend when entering and stayed ...
Swing trading with heiken ashi and stochs
- piprac commented Feb 13, 2012
The real Greek people's voice will be heard in the April elections. Want to bet that they vote far left in total and then will discard the austerity agreements? Euro departure is still very much in the picture.
EU’s Rehn: Greek vote is a sign of it’s people’s determination
- piprac commented Feb 12, 2012
Come April elections in Greece the vote will be - "We can't pay." The left of center will carry the vote and the only question is how long it wil take Greeks to learn you can't borrow your way out of debt. Tax avoidance and under the counter off the ...
Greece must close 'bottomless pit,' says Schauble
- piprac replied Feb 9, 2012
You should wait for a candle close and a distinct TDI red/green cross. A 4H TF would have 16 15M TFs, one would expect crossing/uncrossing in 4 hours. I trade the 4H IF the trend is with the Daily, I would never look at the 1H, 30M, 15M in trading ...
Trading Made Simple
- piprac replied Feb 8, 2012
The 4h requires that the Sonic Channel be set on the D. and overlaid on the 4H. See a posting by erebus for setting that indicator's properties. Both TFs must have the channel going in the same direction. If you follow the 4H rules strictly you ...
X-Man's Super Simple System
- piprac replied Feb 8, 2012
4H gbp/usd — I shorted the pr @1.5883 and got my TP hit for +60 pips. Best that I have done in a while and if I hadn't got interested in reading the newspaper I could have moved my TP & SL a third time and still be in the trade. It was with ...
X-Man's Super Simple System
- piprac replied Feb 6, 2012
Typo maybe? I think he means APB - average price bar but not sure, just a guess.
Trading Made Simple for Day Charts
- piprac replied Feb 3, 2012
At the very least read from Post #1 to where BigE says he is going into the hospital. The thread goes astray for quite a while after that but do read as I suggest - you will get lots of training charts and entry/exit info. And then follow up by ...
Trading Made Simple
- piprac replied Feb 2, 2012
The candle to the left of the red line had large wicks top & bottom, indecision, plus the ema (yel) and the rsi (I think that's what it is called,red) are flat.
Trading Made Simple
- piprac replied Jan 31, 2012
I read this thread over the weekend as I don't mind indicators even though they lag. But I'm not doing well, I hope this is just another crazy week where any announcement by anybody in Europe sends the price in the opposite direction. I'm using the ...
Simple 5 / 8 moving average crossover
- piprac replied Jan 23, 2012
You could use the swing high, the red arrow, plus the spread and then use a position calculator for lot size.
X-Man's Super Simple System
- piprac replied Jan 18, 2012
Hale-Mary — I am using Britpip7's idea and use stop orders. I see a cross, I see the proper price action, and I enter a Buy or Sell Stop order 5-10 pips away from current price. I lose some pips that way but if entering on a fresh candle and ...
X-Man's Super Simple System
- piprac replied Jan 17, 2012
thank you x-man — I really appreciate the 4H strategy explanations with charts. I was never quite clear regarding your 4H but now I understand the stategy. Now to start looking for the A+ setups!
X-Man's Super Simple System
- piprac replied Jan 16, 2012
Check out the posts by Britpip7. In one of those he explains their use and how they are calculated. For my usage they simply point out swing highs and lows, both intermediate and long term. One can then compare with the ATR for SL & TP setings. Hope ...
Trading Made Simple for Day Charts
- piprac replied Jan 13, 2012
Britpip7 — Absolutely amazing results, good work and thanks for posting remarks regarding your strategy and trading ideas.
Trading Made Simple for Day Charts
- piprac replied Jan 12, 2012
E/$ — My daily candle just changed (16:00 CT) so I placed a Buy Stop order on the Eur/usd @ 1.2847. This is a support area last seen in Aug 2010. the big question is - will it go lower and not trigger my order or reverse so I can make some ...
Trading Made Simple for Day Charts
- piprac replied Jan 12, 2012
Kind of a surprise isn't it? I still don't know how one can trade PA using HA or Synergy candles. It just doesn't make sense to have a previous candle affect the current one but maybe I'm missing something. p.
X-Man's Super Simple System
- piprac replied Jan 11, 2012
I use FXDD live & demo. The demo does offer a limited number of pairs but live is a different story, 27 pairs. Oanda offers even more and I like their closing rollover time better, 11pm I think. FXDD is 4pm CT.
Trading Made Simple for Day Charts
- piprac replied Jan 9, 2012
I am pretty sure that X-Man's 1H is only for the Eur/Usd; 4H can be any pair although I personally don't trade the crosses very often.
X-Man's Super Simple System
- piprac replied Jan 8, 2012
ATR — You can drag the ATR from the indicator list into the TDI window and then select the Color as None. Select the # of periods you like and then OK, the ATR # will appear at the end of the TDI info line in the upper R. hand corner of that ...
Trading Made Simple for Day Charts