| stevehopwoodforex.com https://www.stevehopwoodforex.com/phpBB3/ Print view |
|
| My Manual Grid System (HG) https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=505 |
Page 2 of 5 |
| Author: | iyas120 [ Sat Apr 28, 2012 7:51 am ] |
| Post subject: | Re: My Manual Grid System (HG) |
I am very interesting with this method .. i am following your thread now.. Thanks for sharing |
|
| Author: | Fmfx [ Sat Apr 28, 2012 9:18 am ] |
| Post subject: | Re: My Manual Grid System (HG) |
Welcome on board. Regards |
|
| Author: | iyas120 [ Sat Apr 28, 2012 3:48 pm ] |
| Post subject: | Re: My Manual Grid System (HG) |
The TMA act as a confirmation that the price action is going to move towards nya TMA.... is that right? |
|
| Author: | Fmfx [ Sat Apr 28, 2012 9:03 pm ] |
| Post subject: | Re: My Manual Grid System (HG) |
It acts as OBOS (Over Bought/Sold), once price nears/cross the upper or lower TMA Band we should start looking for PA setup which is the entry signal. Regards |
|
| Author: | josch [ Sun Apr 29, 2012 12:00 pm ] |
| Post subject: | Re: My Manual Grid System (HG) |
Fmfx, what you described, looks to me like a very profitable possibility. Thank you for sharing this. One question, using daily timeframe, trades and moves are going to be 'swing' - do you have a look at fundamentals also or you're going TA way only? josch |
|
| Author: | Fmfx [ Sun Apr 29, 2012 12:14 pm ] |
| Post subject: | Re: My Manual Grid System (HG) |
Hi Josch, Yes i sometimes consider the fundamental aspect, e.g like next week i know the AUD will drop significantly due to bad RBA Rate, so i will watch out for any aud Base pair that is at OB and look for sell signals and watch the Counter pairs that is at OS for Buy signals. Regards |
|
| Author: | josch [ Sun Apr 29, 2012 2:22 pm ] |
| Post subject: | Re: My Manual Grid System (HG) |
Thank you! - And have a nice sunday josch |
|
| Author: | TraderTim [ Sun Apr 29, 2012 7:18 pm ] |
| Post subject: | Re: My Manual Grid System (HG) |
Hi Guys, I like the idea of using pin candles or engulfing as the trade trigger. I have been trading using TMA for a few years. I use the 4 hr time frame exclusively. Once the upper or lower bands are broken I look for reversal opportunities. Another indicator I use is SDX-Sweetspots so I can quickly see WHERE PA is trying to get to, meaning whole numbers like 31.000 etc... I only have the whole numbers and the .5's on the charts, and most reversals happen once these have been touched. This works very well, until you get a massive movement in one direction, so a cautious re-entry is the key to survival, as Alpenkorps mentioned. I am attaching the TMA I use, TMAtrue because it DOES NOT repaint the past. This allows you to find the best ATR multipier etc... setting for each pair by fitting them historically without any curve fitting. I use the defaults for most pairs. Regards, Tim |
|
| Author: | Fmfx [ Sun Apr 29, 2012 7:25 pm ] |
| Post subject: | Re: My Manual Grid System (HG) |
Thanks for sharing bro, i will take a look. Regards |
|
| Author: | Fmfx [ Wed May 02, 2012 8:24 pm ] |
| Post subject: | Re: My Manual Grid System (HG) |
Hello Alpenkorps, How has it been going with the 4H, any update? Thanks regards |
|
| All times are UTC | Page 2 of 5 |
|
Powered by phpBB® Forum Software © phpBB Limited |
|