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High Reward to Risk Trading

  • #141
  • May 11, 2016 4:31am May 11, 2016 4:31am
Quoting troya7634
{quote} And here, in 1266, we close
That's a good catch.
No guts, no glory
  • #142
  • May 11, 2016 4:32am May 11, 2016 4:32am
Quoting abokwaik
{quote} Hi troya, I don't recommend auro trading using n4s_05 EA. This is why I provided a replacement indicator instead in this thread.
Hi Khalil, would it be beneficial if the replacement indi had an alert or signal to identify the hidden candles (Bullish candle with increased bear impulses)? Hope I got that right To help with testing entries based on this.
  • #143
  • May 11, 2016 4:35am May 11, 2016 4:35am
Quoting Kubiasty
{quote} When i change timeframe, the numbers reset ;/ is it possible to fix it? and no numbers: {image}
Unfortunately no.

These numbers are derived from live ticks, and MT4 doesn't save those.
The only way to overcome this is to create our own tick history which is not an east task.

However for live trading I see that is OK.
You can have one chart (H1 time frame) with BB_Power that you don't change all day.
And open additional chart for changing time frames as required.
No guts, no glory
  • #144
  • May 11, 2016 4:41am May 11, 2016 4:41am
Quoting gwindy
{quote} Hi Khalil, would it be beneficial if the replacement indi had an alert or signal to identify the hidden candles (Bullish candle with increased bear impulses)? Hope I got that right To help with testing entries based on this.
You got it right gwindy.

Actually this is the SAFEST entry BB_Power offers.

I will work on that.
Members are invited to provide 2 sound files (.wav format similar to alert.wav and alert2.wav) ,
one for these hidden selling and one for hidden buying, in order to distinguish them from ordinary signals.
No guts, no glory
  • #145
  • Edited 5:20am May 11, 2016 4:53am | Edited 5:20am
Hi Khalil,

You fu**ed up on gold yesterday, didn't you ?

Khalil : Why ?

Abokwaik : Broke your own rules by over trading in a tight range market, increased your risk, exceeding max losses in a day.

Khalil : I was so sure that I will catch a runner at the end, most of the trades went into profit before being stopped.

Abokwaik : So what, And why did you stupid, closed this one too early then ?

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM5_06.png Size: 36 KB


Khalil : The time was too late, and I didn't imagine that it will rally at end of the day.

Abokwaik : If so, why did you take it in the first place ?

Khalil : I was so desperate. I allowed my feelings to take control. Happy Now ?

Abokwaik : Be a man, and stick to the rules. You know it will pay on the long run.

  1. Don't risk what you are not comfortable to lose.
  2. Don't over trade.
  3. Don't get overconfident.
  4. Follow the signals of your damn system for God sake.
  5. When you have to use a tiny stop on Gold, move to BE as soon as you can, this is not Kiwi.
  6. Wait for break outs, fade the fake, and re-enter on the confirmed.

No guts, no glory
  • #146
  • May 11, 2016 6:56am May 11, 2016 6:56am
Quoting abokwaik
{quote} Hi troya, I don't recommend auro trading using n4s_05 EA. This is why I provided a replacement indicator instead in this thread.
Yes, i know it, B_Bpower , isn't it ?
But, doesn't gives the same signals than N4S_05 ?
Learning
  • #147
  • May 11, 2016 6:57am May 11, 2016 6:57am
Quoting abokwaik
{quote} That's a good catch.
Thanks to your help
Learning
  • #148
  • May 11, 2016 7:08am May 11, 2016 7:08am
Quoting abokwaik
Hi Khalil, You fu**ed up on gold yesterday, didn't you ? Khalil : Why ? Abokwaik : Broke your own rules by over trading in a tight range market, increased your risk, exceeding max losses in a day. Khalil : I was so sure that I will catch a runner at the end, most of the trades went into profit before being stopped. Abokwaik : So what, And why did you stupid, closed this one too early then ? {image} Khalil : The time was too late, and I didn't imagine that it will rally at end of the day. Abokwaik : If so, why did you take it in the first place ?...
Awesome
"Men Who Can Both Be Right & Sit Tight Are Uncommon" ~ Jesse Livermore
  • #149
  • May 11, 2016 2:21pm May 11, 2016 2:21pm
abokwaik, perhaps it could be interesting filtering the entries from B_Bpower, with the MVD (high diary volume). Not even exactly how, but I am in it 😓😓
It is just a matter of thinking ... 🤕
Learning
  • #150
  • May 11, 2016 2:26pm May 11, 2016 2:26pm
let's try a real trade:
UJ short 108,46
Scalping .....
Learning
  • #151
  • May 11, 2016 3:42pm May 11, 2016 3:42pm
Quoting troya7634
let's try a real trade: UJ short 108,46 Scalping .....
Out on BE
Learning
  • #152
  • May 11, 2016 3:53pm May 11, 2016 3:53pm
Quoting abokwaik
Hi Khalil, You fu**ed up on gold yesterday, didn't you ? Khalil : Why ? Abokwaik : Broke your own rules by over trading in a tight range market, increased your risk, exceeding max losses in a day. Khalil : I was so sure that I will catch a runner at the end, most of the trades went into profit before being stopped. Abokwaik : So what, And why did you stupid, closed this one too early then ? {image} Khalil : The time was too late, and I didn't imagine that it will rally at end of the day. Abokwaik : If so, why did you take it in the first place ?...
Calling a spade a spade Excellent!
Find The Pain Points On Your Chart & Trade Off Those Levels
  • #153
  • May 11, 2016 8:19pm May 11, 2016 8:19pm
A quick little scalp here on NU during the early Asian session 2 orders long out for a combined 28 pips & +5.27% on the acct.
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-05-11_211320 nu.png Size: 79 KB
Find The Pain Points On Your Chart & Trade Off Those Levels
  • #154
  • May 12, 2016 4:55am May 12, 2016 4:55am
An LVC/BBP Example (EU H1)

Attached Image (click to enlarge)
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Price will go up and close LLVC1/LLVC2 or go down and close SLVC1 and SLVC2.
So we wait and see how price acts at these levels, and if power balance changes and we see price turning we sell at LLVC1/2, or buy at SLVC1/2.
No guts, no glory
  • #155
  • May 12, 2016 4:59am May 12, 2016 4:59am
GU is giving a long signal, but we have high impact news on GBP within an hour.

Attached Image (click to enlarge)
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No guts, no glory
  • #156
  • May 12, 2016 6:29am May 12, 2016 6:29am
geppy the same, data in; now for Carney to speak
long @ 157.314 now positive SL hoping for 162+ to set up a long term short
  • #157
  • May 12, 2016 7:41am May 12, 2016 7:41am
Lets see .....

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYmicroM15.png Size: 40 KB


and this one...

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDmicroM15.png Size: 49 KB
Learning
  • #158
  • May 12, 2016 7:53am May 12, 2016 7:53am
Quoting abokwaik
An LVC/BBP Example (EU H1) {image} Price will go up and close LLVC1/LLVC2 or go down and close SLVC1 and SLVC2. So we wait and see how price acts at these levels, and if power balance changes and we see price turning we sell at LLVC1/2, or buy at SLVC1/2.
As expected price bounced after closing SLVC1/2.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1_lvc2.png Size: 64 KB


I took SLVC1, and closed at BE. as I was busy with GU trades.
No guts, no glory
  • #159
  • May 12, 2016 7:58am May 12, 2016 7:58am
Quoting troya7634
Lets see ..... {image} and this one... {image}
Good. I took UJ. Stop 109.415, Target 107.52.
No guts, no glory
  • #160
  • May 12, 2016 8:13am May 12, 2016 8:13am
Waiting for a re-entry on EU around 1.1390-5.
No guts, no glory
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