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forex live trades, setups, charts

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monolisa
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Postby monolisa » Fri Jul 17, 2009 12:39 pm

BTW, I notice the body size of the HA candles, in comparison with previous ones, might tell you whether the trend will continue or reverse. I think it's all related to momentum.

Lis
"Know your enemy and know yourself, find naught in fear for 100 battles. Know yourself but not your enemy, find level of loss and victory. Know neither your enemy or yourself, wallow in defeat every time." - Sun Tzu

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monolisa
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Postby monolisa » Fri Jul 17, 2009 12:49 pm

Just playing with some indicators - combining the power of range bars with the element of time in one chart. The hollow candle are H1 candles.

Red shaded areas are Mightyzones. Clear indication of where to enter and exit a trade.

Image

Lis
"Know your enemy and know yourself, find naught in fear for 100 battles. Know yourself but not your enemy, find level of loss and victory. Know neither your enemy or yourself, wallow in defeat every time." - Sun Tzu

patriotstef
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Postby patriotstef » Fri Jul 17, 2009 6:11 pm

What timefame, currency pair and stop loss should one use? I'm looking towards trying this with the GBPJPY due to the volatility, but the stop loss would be higher, I imagine?

dchappy
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Postby dchappy » Sat Jul 18, 2009 2:58 pm

BTW, I notice the body size of the HA candles, in comparison with previous ones, might tell you whether the trend will continue or reverse. I think it's all related to momentum.


Lis

Hmmmm....Thank You Lis ..you have given me an idea ...more work to do... :idea:

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Postby dchappy » Mon Jul 20, 2009 8:26 am

Mid-channel is a decision point . I missed the opening sema so waited till mid-channel .Everything still looked good so I entered there ....sloppy but still profitable
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Patch
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Postby Patch » Mon Jul 20, 2009 1:06 pm

dchappy

is the time frame for your chart M15?

Patch

dchappy
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Postby dchappy » Mon Jul 20, 2009 10:58 pm

Hi Patch , No it is a range bar chart . A new bar is plotted when price travels through 10 pip increments . I've been using it for 2 yrs now .To my eye it takes some of the wiggles out of the price movement ....

Chappy

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Postby dchappy » Tue Jul 21, 2009 8:15 am

A Sema at the open is a high probability trade ...did you catch this one this a.m. ?

Trade well.....Chappy
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dchappy
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Postby dchappy » Wed Jul 22, 2009 9:52 am

There was a nice sema before the open which I missed . I waited for the next one at 4:00 am . It's tempting to chase when that happens but if we remain steadfast and wait there will always be another opportunity .......

Drain-em......Chappy
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dchappy
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Postby dchappy » Wed Jul 22, 2009 12:40 pm

A sema at the NY open rarely fails ..

This is my last post for a while ,the pattern is so simple that there is'nt much more to explain . Just trust the sema & take the trade .

Thanks to everyone for your interest , feel free to PM me if there is a question ..Noww ..lets get this economy crankin again

.......Trade Well ........Chappy
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