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Don4
Market Wizard-
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Everything posted by Don4
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The fip trade could be be one.Around these times.
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I also see some very nice possablities walter, Hopefully we can build on it.
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Ok,yesterdays trade was stopped out, Todays trade so far is in profit but by the looks of the last candle and with housing release around 10am dont have a clue what will happen. I posted a screenshot with my entry on this trade.
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Hey walter,Sunday night i was in the middle of a reply,but was logged off and unable to get back on until today. But replying to what you wrote sunday I agree with you 100% just because a range is broken does not mean that momentum is there(that was my reasoning for going the oppisite way) to show me there was some type of momentum there. But think of it this way if I only take my trades at the same time every day only based of a color of 1 candle with an ok RR and I come out positive at the end of my 6 month experiment.Wouldnt you think that I would have something to build on.
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Well was in a middle of a post sunday night went to send message and was logged off was never able to get back on the site until now (at work). Yesterday at around 8pm(eastern) was able to open site but the page was split up and was not functional.
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Would love to hear your views(good or bad)
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Yes I place orders as soon as the candle is finished, some times there is not alot of time and you have to react pretty fast,other times it may not be triggered till later that day if order isnt filled by 6pm eastern I cancel the order.
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Here you go walter.
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I wait for the 2Am(eastern) candle to finish place my order in the opposite direction. If its a bull candle I place a sell 1 pip below,If its a bear candle place a buy 1 pip above. Going with the candle would also work Seems to have a better RR but doesnt happen as much.
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As far as the system that i currently use I focus on the 1 hour prior to the london open but I have been looking into more and more placing after the first hour of the london open.Hope this makes since.
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Yea I tried to e-mail you today to let you know the problem,But would not work.
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I hate to keep sounding like a broken record but again i was unable to access this site untill after 8pm(eastern) I keep getting Internet explorer cannot display the webpage. This is the only site im having problems with,wondering if it has something to do with the upgrade.
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Hey Pyenner,I have not looked into the great advice that MK has given yet (But im going to ). But this has been the main principal of my whole system for my entries exits are a different story. I always focus on the 1hour bar and thats it. 1 hour before the London open, all the information I need is within that 1 hour period. If it quits working another opertunity will be formed It will always be there, I guess your wondering why ive waited 3 months before telling. Well I guess walter helped me see the light (Thanks walter).
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For those that have been following my journal, just wanted to say thanks for sticking around and trying to help out.Honestly i never even figured I would get a reply (or any help) I have been keeping this journal for 3 months and have never given any clues to my system, but still there are those that tried to help and i am greatfull to you. So now I will share with you what my whole system revolves around. Time, Time is the only thing that will always stay the same it will never change from the little guys to the big boys they will always have the same routine. Now this doesnt tell me which way price will go,But it does mean it can never stay the same! Maybe some will laugh or some will find value in what i mentioned above, it sounds pretty simple I know but thats basicly what i have been doing.
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Walter I have attached some images showing,what i beleive is a important time where key levels are formed for the trading day(support and resistance) Go back and look and see if there maybe a way to capitalize off these levels once they are broken.
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Been about 24 hours since being able to logg on, any bodyelse or just me.
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Ok,changed small hull to 25
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period 200 mega trend,period 15 signal line
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Ok walter,got it ! But may need to get more ram:o
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That explains it mine goes back to 6/28/06 on the 1 minute
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Looks the same!
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OK,walter .........
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Here is a picture of today
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MIG Investments.