+- +-

+-User

Welcome, Guest.
Please login or register.
 
 
 
Forgot your password?

+-Stats ezBlock

Members
Total Members: 12
Latest: side_job
New This Month: 0
New This Week: 0
New Today: 0
Stats
Total Posts: 3621
Total Topics: 1
Most Online Today: 1
Most Online Ever: 6
(May 22, 2017, 10:34:16 am)
Users Online
Members: 0
Guests: 0
Total: 0

Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - Heavyweight

Pages: [1] 2 3 ... 38
1
Forex Trading / Re: TA Forex Trading
« on: January 24, 2018, 03:25:46 pm »
Good afternoon all,

trade well and much success in 2018

2
Forex Trading / Re: TA Forex Trading
« on: January 04, 2018, 10:09:48 am »
Morning all. I guess everybody became rich from trading Forex and are vacationing some place warm. Hope all is well.

3
Forex Trading / Re: TA Forex Trading
« on: July 31, 2017, 03:42:57 pm »
Honestly Heavy, that's why I'm trying to put together an EA that bases the trade on an ema or smoothed ma crossover of another ma, and since there's a lot less false crossovers going from a very fast ema lines over very slow ema lines then two ema lines that are closer in bar length, I'm wanting to use the 6 or so ema fast line and the far slower 400 ema line crossovers to base my trades.    Of course there's still periods where both lines will cross over numerous times before the final breakout begins, which is where the larger gains are netted, but it's a matter of the true breakout crossovers beating out the false breakout crossovers in pips and percentages.    Still working on the false crossover thing.
I'm in the middle of moving right now so my main computer is not set up at this point but I've been using EMAs with the parameters set that are equivalent to the 20 EMA on all time frames (multi period ema). One parameter was set to like 2400 which is equivalent to the monthly 20 EMA. When those things line up the move can be really nice. Once I get set up I'll post the parameters or you can probably get them from someone on the board. Good luck on that EA. Looking forward to the results

Sent from my SM-G955U using Tapatalk

4
Forex Trading / Re: TA Forex Trading
« on: July 31, 2017, 02:49:00 pm »
I hope I don't have to pull and transfer money from my bank account to my fx account at some point to survive my U/DKK shorts Heavy.    I'm determined to not only survive but come out ahead in the end, but I really expected a daily bounce already on this long wave 3 down on the weekly U/DKK so I'm pretty frustrated over my lack of gains here.
Dang I hate that for you but I've been there. Many times. That's why precision entries are a priority for me. I know we can't pick tops and bottoms but I'm really trying to find that likely turning point. There are clues in the charts we just have to find them and trade around them. 200-300 pip drawdowns are madness to me. I can't do it. I should just throw my scuba gear at the bottom of the lake then try to swim down there to get it. If I'm that far off then I'm either wrong on my entries or impatient.

Sent from my SM-G955U using Tapatalk


5
Forex Trading / Re: TA Forex Trading
« on: July 31, 2017, 02:31:37 pm »
EU hit the 261.2 fib extension I show on the daily chart.     I don't think that going to turn it.   It's a breakout!    Where does it all end?    Seriously though I had to move cash from my secondary account to my primary account to reduce the risk in my primary account.    USD/DKK is close to hitting a weekly FE 300 level I have on that chart but I'm just not convinced that's going to give the bounce I've been waiting for.    It's almost 5000 pips below to the ascending weekly channel lower line on USD/DKK and that may be where it's headed, but I could use a nice little bounce before it gets there.
I'm with you Quan... shorting EU has been risky to say the least. I'm having to play both sides of it in 2 diff accounts jus to chip away at some gains

Sent from my SM-G955U using Tapatalk


6
Forex Trading / Re: TA Forex Trading
« on: July 31, 2017, 02:09:53 pm »
EU direct hit and rejection. We'll see how it goes now

Sent from my SM-G955U using Tapatalk


7
Forex Trading / Re: TA Forex Trading
« on: July 31, 2017, 11:49:27 am »
One other thing I noticed that's different on this EU spike, Heavy. USD/MXN and USD/CAD didn't drop as they have been when EU moves up...neither did AU and NU move up with it. The rest of the pairs other than GU are now diverging away from the EU rally...could be a final topping sign as well.
Thanks pennies. I didn't even look at those other ones.  That's another thing I need to mashes a habit of doing.

Sent from my SM-G955U using Tapatalk


8
Forex Trading / Re: TA Forex Trading
« on: July 31, 2017, 10:02:14 am »
EU approaching the weekly Gann line around 1.1825. Could be the last gasp here before it finally turns over IMO.

Sent from my SM-G955U using Tapatalk


9
Forex Trading / Re: TA Forex Trading
« on: July 26, 2017, 07:43:43 pm »
A few years ago, I was playing around with the box method based on a fib box system that Simplegreen brought to IHUB.

During testing, I often found that 3 boxes was about as far as the market could push a particular pair in any given direction without a retrace.

The basic rule was that once the 3rd box got hit, the price would retrace back to the 1st box level again.

EU is basically there. Can't rule out a bit more topside but it's pretty limited from these levels.

EU 4 Hour Chart...
To add to that pennies, after the initial breakout of the box if price fails to reach the target level it usually falls back through the original box and out of the other side.

Sent from my SM-G955U using Tapatalk


10
Forex Trading / Re: TA Forex Trading
« on: July 26, 2017, 02:49:23 pm »
Pennies i gotta try that hedge system-why not have tried everything else lol
Jav pennies has been holding out on us. I guess you can't teach the student everything or he becomes smarter than the teacher.

Sent from my SM-G955U using Tapatalk


11
Forex Trading / Re: TA Forex Trading
« on: July 26, 2017, 02:32:31 pm »
Yep, that's the way to do it Heavy. I was born at night...but not last night...LOL!

After a I blew up a few accounts in the old days, I started keeping secondary accounts where I could trade the other direction. Each week or so, I'll take profits out of the winning accounts and shuffle them over so I can take additional positions on the drawdown accounts and keep things flowing nicely so the percentage of drawdown doesn't waver much. Wash, rinse, and repeat. Works like a charm.
You know I tried that a few yrs ago and still actually have a primary and sub account but when I tried hedging pairs I would see one pair stall and the other tank as I got away from it. I have a much better understanding of things now though so I may need to jump back in that strategy.

Sent from my SM-G955U using Tapatalk


12
Forex Trading / Re: TA Forex Trading
« on: July 26, 2017, 02:26:02 pm »
Lol! I have 5 different trading accounts Heavy. I never put all my eggs in one basket. I shuffle money around all the time and smile every night when I sleep...lol!

Sent from my LGL62VL using Tapatalk
Lol. That's what I've been doing wrong. Haha

Sent from my SM-G955U using Tapatalk


13
Forex Trading / Re: TA Forex Trading
« on: July 26, 2017, 02:19:19 pm »
Could be Heavy. But I keep hedge trades running so the account doesn't suffer. Either way, I win. ;-)
Cheating huh? Lol

Sent from my SM-G955U using Tapatalk


14
Forex Trading / Re: TA Forex Trading
« on: July 26, 2017, 02:11:13 pm »
Ok at some point one has to realize when your on the wrong side of a trade. I cut my UCAD long loose. That thing is like Friday the 13th along with AU. We can martingal it 300-500 pips all we want to but eventually we must realize that our entries were way off.

Sent from my SM-G955U using Tapatalk


15
Forex Trading / Re: TA Forex Trading
« on: July 24, 2017, 07:45:50 am »
Are we still long that falling box of knives known as UCAD?

Sent from my SM-G955U using Tapatalk


Pages: [1] 2 3 ... 38

+-Recent Topics

TA Forex Trading by Heavyweight
January 24, 2018, 03:25:46 pm