stevehopwoodforex.com
https://www.stevehopwoodforex.com/phpBB3/
Print view

My Manual Grid System (HG)
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=505		 Page 3 of 5
Author:  Surya buana [ Thu May 03, 2012 2:50 pm ]
Post subject:  Re: My Manual Grid System (HG)
Hello FmFx

great trading strategy

sorry i dont know how to upload pic (file size too large)
i need ur opinion on this
in pic case is circle black my question when u make OP in close bar circlr red or circle blue
thanks
Author:  Fmfx [ Thu May 03, 2012 3:08 pm ]
Post subject:  Re: My Manual Grid System (HG)
Surya buana wrote:Hello FmFx

great trading strategy

sorry i dont know how to upload pic (file size too large)
i need ur opinion on this
in pic case is circle black my question when u make OP in close bar circlr red or circle blue
thanks
Hi

I can't see the entry signal in the picture you posted, i only recomend entry with "Pin bar & Engulf bars", pls see post 4 and 5. Apart from that the price is too far away from the TMA
lower band, i recommend a cross/touch of the TMA band.

Regards
Author:  Surya buana [ Thu May 03, 2012 3:53 pm ]
Post subject:  Re: My Manual Grid System (HG)
TMA grid is that mean upper and lower band TMA ?

Im still confuse about engulfing bar
Do u measure the wick ? or bar close over highest or lowest price previous bar
Author:  Fmfx [ Thu May 03, 2012 4:10 pm ]
Post subject:  Re: My Manual Grid System (HG)
Surya buana wrote:TMA grid is that mean upper and lower band TMA ?

Im still confuse about engulfing bar
Do u measure the wick ? or bar close over highest or lowest price previous bar
Price must cross or get very close to TMA upper or lower band before you start to watch for Pin and Engulf bars.

I posted a picture sample of Engulfed bars in post #4, we don't consider the wick/tail of the big candle, what we consider is the body, the body must cover/overshadow the previous bar.

If you need more info about Engulf bar you can also use google.

Best regards
Author:  Surya buana [ Thu May 03, 2012 4:28 pm ]
Post subject:  Re: My Manual Grid System (HG)
FmFx thank u for answering :) :) :)

My question very basic about engulfing bar but maybe u make intrepret engulfing candle in different angle. And i want to learn from pro trader like u
Author:  Fmfx [ Thu May 03, 2012 4:36 pm ]
Post subject:  Re: My Manual Grid System (HG)
Surya buana wrote:FmFx thank u for answering :) :) :)

My question very basic about engulfing bar but maybe u make intrepret engulfing candle in different angle. And i want to learn from pro trader like u
Thanks for the compliment bro, pls give me a little time let me post some pictures with explanation.

Regards
Author:  Fmfx [ Fri May 04, 2012 6:37 pm ]
Post subject:  Re: My Manual Grid System (HG)
Here are pictures of some trade i just took on 4H, i have did some BT with the version of TMA posted by ... And it looks promising with 50 pips TP.

Regards
Author:  Surya buana [ Sun May 06, 2012 6:50 am ]
Post subject:  Re: My Manual Grid System (HG)
Fmfx, OP in Aud/Nzd do u have other reason except price in upper band ?

thanks
Author:  Fmfx [ Sun May 06, 2012 7:07 am ]
Post subject:  Re: My Manual Grid System (HG)
Surya buana wrote:Fmfx, OP in Aud/Nzd do u have other reason except price in upper band ?

thanks
Yes, that's because there is a "Pin bar" which gives us the go ahead.

Apart from that price is at strong resistance on daily chart.

Regards
Author:  Surya buana [ Sun May 06, 2012 12:40 pm ]
Post subject:  Re: My Manual Grid System (HG)
im not see pin bar in Aud/Nzd

is it bar number 12 (if u calculate from right) ?
All times are UTC Page 3 of 5

Powered by phpBB® Forum Software © phpBB Limited