100-300 Pips Per Day Any Pair Any Timeframe Using 2 Indicators - page 60

 

ChicagoRob,

Stoch 50/10/20 used as overbought/oversold filter of stoch 5/3/3.

Best Regards,

 
nobno1:
ChicagoRob,

Stoch 50/10/20 used as overbought/oversold filter of stoch 5/3/3.

Best Regards,

I would like to see more charts of your trades.

I just started with the S/R TSU and have been doing

pretty well. After I get home from work, I look for charts with price nearing the S/R lines. I put in my stop orders, SL, and TP and let them ride, come hell or high water. I've

been entering stop orders 5 pips above/below S/R

points, with 20-pip SL, and 40-pip TP. The stops are

probably too tight for most people, but I figure if there

isn't enough momentum to hit TP, then the trade is a bust, anyway.

So far, I've had three losers and six winners. I'm trading

flat lots with IBFX, which are $1 pips. I'm sure there are

others who are doing a lot better, but I'm pretty satisfied

with my results.

Rob

 
ChicagoRob:
I would like to see more charts of your trades.

I just started with the S/R TSU and have been doing

pretty well. After I get home from work, I look for charts with price nearing the S/R lines. I put in my stop orders, SL, and TP and let them ride, come hell or high water. I've

been entering stop orders 5 pips above/below S/R

points, with 20-pip SL, and 40-pip TP. The stops are

probably too tight for most people, but I figure if there

isn't enough momentum to hit TP, then the trade is a bust, anyway.

So far, I've had three losers and six winners. I'm trading

flat lots with IBFX, which are $1 pips. I'm sure there are

others who are doing a lot better, but I'm pretty satisfied

with my results.

Rob

ChicagoRob,

That is great. Looks like you are doing well still.

Lets start a thread dedicated to pairs.

This will be a thread for the Daily S/R #4.

We will put up if we have a good or bad experience with a certain pair.

This way we can help each other find out which pairs are the best. Maybe which times etc.

1st question: Which pairs did you make your profit?

2nd question: Which pairs did you loose profit?

3rd question: Of the pairs that you did not profit have you decided to continue trading that pair? Have you any reason that you will not trade them? Have you figured out anything that might help us all.

Add your answers in the next thread below.

Thanks,

JS

 

Tsu #4 daily pairs thread

On this thread we will add which pairs are the best to trade.

Any and all subjects that directly effect the TSU#4 Daily trading.

Please post your likes and dislikes of each pair.

Why you would or will not trade a pair etc.

Thanks and happy pippen,

JS

 
ruhssly:
My favourite currency is GU n i love to trade it. The really best times for me is at open london (8.00AM GMT0) n open New York (12.00PM GMT0) because the price had reached matured range, Take note that the Level 3 Semafor Ball for Highest or Lowest always appeared at this time in TF1H. But beware sometimes if in case has a big news, the price move very fast (strong bullish o9r strong bearish), this Semafor Ball would be repaint 2 or 3 time. So its up to us to make entry, follow trend or waiting till it stop n change direction. My rules:

SELL ENTRY

1. Level 3 Semafor Ball appeared at highest price in TF1H.

2. 2nd histogram bar move down from highest peak.

3. Price has touched Bollinger Band upper line n started move down.

4. Stochastic Oscillator 8,3,3 show %K had reached 80 area n start cross down %D.

5. Open TF5M or TF15M n waiting EMA5 cross down EMA13 to make entry. Almost these EMA cross at Bollinger Band middle line.

BUY ENTRY

1. Level 3 Semafor Ball appeared at lowest price in TF1H.

2. 2nd histogram bar move up from lowest peak.

3. Price has touched Bollinger Band lower line n started move up.

4. Stochastic Oscillator 8,3,3 show %K had reached 20 area n start cross up %D.

5. Open TF5M or TF15M n waiting EMA5 cross up EMA13 to make entry.

My Target Point at Daily Support or Resistance line n sometime i use Fibonacci Expansion. For scalping i like to monitor TF 15M, 5M n 1M Target Point 10-20pips.

All the best..

Dear ruhssly,

Will u willing to share the way that u scalping??What do u mean by "target point at daily suport or ressistance??

 

TSU#2 set up

Hello everyone,

Here is my chart. Works best on Asia session.

Best Regards,

http://i715.photobucket.com/albums/ww154/tuanbeo_08/tsu2ej.gif

 

ok joe what do you say about this is it real 1# setups 2 of them close to the red lines ??

best regards

Files:
ny.gif  149 kb
 

Best pairs for S/R TSU

Best pairs, so far, have been gbpusd, gbpjpy, and

nzdjpy. I was doing pretty good until today, when

two of my setups took a SL hit. Price penetrated

the S/R lines enough to hit my buy/sell stops, and

then retreated the opposite direction and took out

my SL. This is one of the reasons I'm using tight

stops, since it seems that if there isn't enough

momentum to hit TP, the trade ends up a loser.

Rob

 

Two TSUs in the works

I've just added the semafor, MACD reversal TSU to my testing.

Question for Joe: Will the 11/12/11 MACD settings be O.K. for

the D1 time frame?

I ran it last night on three pairs, with 25-pip stops and no TP.

I checked my terminal this morning and I was up $225 on

$1 pips. I closed the trades out and put the money in the bank

( I didn't want to see retracements after I got home from work, today).

I really like this TSU. If I can continue to get good results on

D1, this could be my bread-and-butter manual system.

Rob

 
jgadefelth:
ok joe what do you say about this is it real 1# setups 2 of them close to the red lines ?? best regards

jgadefelth,

Thank you for the picture. I'm not sure though what your question is.

" is it real 1# setups 2 of them close to the red lines ?? "

What do you mean by that question?

JS

Reason: