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| My Manual Grid System (HG) https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=505 |
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| Author: | Surya buana [ Fri May 11, 2012 5:37 pm ] |
| Post subject: | Re: My Manual Grid System (HG) |
many thanks to u FMFX today i try ur method and make profit 30 pips in USDCAD what ur opinion Fmfx ? for what im observe if H1 and H4 in upper or lower band thats the best to entry OP thank u very much to introduce me TMA trading |
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| Author: | Fmfx [ Fri May 11, 2012 9:23 pm ] |
| Post subject: | Re: My Manual Grid System (HG) |
Hello mate, Congtrat bro I don't trade the 1H tf, it is too risky, what i do is that i look for price to be over upper/lower band on D1 and then cross down to 4H to see if price is also above upper/lower band, if 4H corresponds i will start looking for "PA". Let me know if you need more info. Thanks for the compliment. |
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| Author: | Surya buana [ Sat May 12, 2012 4:07 pm ] |
| Post subject: | Re: My Manual Grid System (HG) |
i hope stop bleeding from now on in ur experience main TF D1 how many DD in pips to hold 1 position ? how many must close? i read in page 1 that u add 1 more OP if already -100 pips |
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| Author: | Fmfx [ Sat May 12, 2012 6:42 pm ] |
| Post subject: | Re: My Manual Grid System (HG) |
Hi bro, Pls read the rules i am going to outline below. 1) Price must touch/cross the upper/lower TMA band on the daily chart, and the same for 4H chart. 2)Make sure you see a Pin/Engulfed bar before you take a trade. 3) (right now i am trading only 4H tf, but i make sure price has cross the upper or lower TMA band on D1 chart before i start looking for signal on 4H chart). If you are going to be trading the 4H tf make sure price is above/near upper/lower TMA band on D1 tf. 4) My take profit for 4H is always 50 except i see "reason" to go for more/less. 5) If a trade goes against you enter another order(while still in loss) only if you see another Pin/Engulfed bar and close at a basket of your intended TP. 6) You may decide to BE your trade at +30 pips(if you have doubt the price still wants to fall/rise. 7) Use strict Money Management. 8) Make sure the PA setup fully form before you take a trade. In addition i use RSI period 14 along with TMA to confirm OBOS on D1 chart, i.e if price has crossed/touch upper/lower TMA band i check RSI to make sure it has cross/near level 30/70 too, i also do this on 4H. Trade at your own risk. Best Regards |
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| Author: | Surya buana [ Sun May 13, 2012 6:01 pm ] |
| Post subject: | Re: My Manual Grid System (HG) |
ok i understand wish u always green trading bro |
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| Author: | Fmfx [ Mon May 14, 2012 8:50 am ] |
| Post subject: | Re: My Manual Grid System (HG) |
Hello guys Pls download new files from post #1 |
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| Author: | Fmfx [ Fri May 18, 2012 11:04 am ] |
| Post subject: | Re: My Manual Grid System (HG) |
Hope everyone has been green this week |
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| Author: | vivaldi [ Thu Aug 16, 2012 2:17 am ] |
| Post subject: | Re: My Manual Grid System (HG) |
Hallo Fmfx, How many trades do you expect on average with this method per month ? Vivaldi |
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| Author: | Fmfx [ Thu Aug 16, 2012 7:41 am ] |
| Post subject: | Re: My Manual Grid System (HG) |
Hi That solely depends on Price Action. Regards |
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