Total newbie in forex - just a month live trading -
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thread: Total newbie in forex - just a month live trading

  1. #21
    Good trade now, prediction 80% right for this week - no idea for next week, have to read get more information on market state by news.

    Close all trade manually 30 minute after london near, inliquidity on pairs. Friday - market closure.

    Time to rest and for your family friends.

    Will do post- mortem tomorrow and tidy up all chart for following week top down analysis as usuall.

    Keep the motto....

    Stay focused, remain subject follow the rules.

    Trade well.

    Bye my diary.







  2. #22
    Hey Ramlanne

    Hands down, great trading

    I am attempting to receive my head around your style of trading to bring some of it facets to mine.

    I have never used pivots in my personal trading but they appear to work good for you, therefore I hope you do not mind me asking.
    How much significance do you give these pivot amounts, what indior are you currently using and what are your preferences?

    And one more suggestion if I could. Could you use this indior? It will plot your entries and exits automatically and makes it really easy to see.

    Thanks

    El1n
    HI ELIN,

    THANKS AGAIN FOR THE ADVISED.

    GOOD QUESTION ELIN....

    SOME PRO TRADER NOT USE PIVOT SOME USE IT , I DONE MY BACK TESTING FEW MONTH BEFORE , THERE IS ON FIB. PIVOT LEVEL, WOODIE PIVOTS ,CAMARRILA PIVOT, DEMARK PIVOT... THATS ALL I KNOW BUT WHICH ONE IS THE BEST I GOT NO IDEA . SOMETIME I REFER TO FOREXTIKET PIVOT POINT TABLE THERE , ITS USE STANDART PIVOT POINT BASE ON GMT FOR EACH CURRENCY PAIRS. BUT ITS TO MESSY AND A LOT OF TABLE , CAN MAKES ME CONFUSES .

    SO, TILL I GET THE PIVOT INDICATOR HERE IN FOREX FACTORY FORUM NAME ZMFX all pivot degrees version 1 and version 2 .since im using black background in my chart I use version 1. A lot of feature could be set on the possessions.

    I do possess the notice and articles on PIVOT, to answer your question. I do submitted here needs to seach where im save it my notebook.

    Illuion here from my back test demo account.

    From the way thanks ELIN for your kind and concern.

    Trade nicely ok.

  3. #23
    additionally, I'm reading through your thread and I've noticed that you have asked about posting statements.
    A very effective means is to go to a terminal in mt4, go to account history right click on some of your transactions store as detailed report take a screenshot of this report and upload it as a picture anywhere on the internet.

    In the event that you already know this please dismiss this article
    thanks elin for this aids.

  4. #24
    Junior Member EstherOxrtz's Avatar
    8
    Good read, thanks

    Time for a top notch analysis

  5. #25
    Junior Member EstherOxrtz's Avatar
    8
    Ramlanne, hope you do not mind me posting a little of my analysis.


    EUR/USD

    Weekly:
    The weekly requirement is pushing price higher, first clean distribution areas are seen about 61.8 and 78.6 fib levels until this regions are reached my outlook is bullish.
    We can also see important SR flips in this regions (forgot to plot them)



    Daily:
    On daily I've outlined potential change areas if a pullback appears. These are around 61.8 and 50 fib levels.



    30M:

    SR flip areas show where price has turned, there still might be unfilled buy orders in these regions


    GBP/USD

    Weekly:
    Price travels from upper supply to a decrease demand in a channel. The demand seems to be consumed on a down way, therefore my HTF outlook with this
    pair is bearish.



    1H:

    1h shows where I'm expecting alteration reactions if a pullback occurs, I will be looking for a trap pubs or engulfings.


  6. #26
    Junior Member EstherOxrtz's Avatar
    8
    Ramlanne,

    I've noticed you have shed 10EMA off your charts.
    Are you still using is as a part of your trading principles?

    Additionally I've send you PM in regards to supply and need trading.

    Regards,

  7. #27
    [quote=El1n;6414272]Ramlanne, hope you do not mind me posting a bit of my analysis.


    HELLO EL1N,

    SORRY LATE UPDATE , AWAY FROM HOME . . .HAVING OUTING FUNCTION WITH MY FAMILY.

    IT'S OK FOR YOU OR ANYONES TO POST HERE , AS LONG AS IS GOOD FOR US.

    YOUR TOP DOWN I THINK MORE PERFECT THEN ME I GUESS COS YOU REFER TO S D, BUT ACTUALLY ALMOST THE Exact Same LIKE MINE.

    That I THINK YOU GOT MORE EXPERIENCE THEN ME ON TRADING - EXCELLENCE EL1N.

    BELOW MY TOP DOWN ON GBP/USD, THE REST OF THE PAIRS COMING... A LITTLE BIT TIRED ON THE FUNCTION.

    JUST WAIT AND SEE, WHAT HAPPEND ON M15 AND I WILL Await THE VALID SIGNAL THEN ONLY PULL THE TRIGGER. NORMALLY I'LL USED BUY STOP ORDER AND BUY LIMIT ORDER AND THE TARGET ARE THE ROUND NUMBER (RN) . . .LEVEL TO LEVEL TRADE MUCH SAFER . HOW EVER NEEDS MORE FOCUS ON THE SWING TO SWING TRADE. . .NEEDS TO CONSIDER THE PIVOT LEVEL FIRST BEFORE ENTER LONG OR SHORT.

    OVERALL GBP/USD BEGINNING OF THE WEEK STILL BEARISH , HOW DEEP THEY GO NO ONES KNOW. . .MY RULES STILL THE SAME ... IF THEN APPLY.






  8. #28
    ,

    I have noticed you've dropped 10ema off your charts.
    Are you using is as a part of your trading principles?

    Additionally I have send you pm in regards to supply and demand trading.

    Regards,

    el1n
    hello again el1n,

    no. . .still use it, the 10 ema evening is a sections of my trading principles... To identified trend besides the confirmation about the 89 ema. On the pivot point chart above, as the back ground are grey, I alter the 10 ema day colour to black. I guess u more expertise, u knows the gap betweeen normall 10 ema 10 ema day.

    Thank you to this concern el1n

    OHh yea.... Concerning the SD... I DO SURF THE WEB THAT U PM ME, STILL STUDY ON ITS BUT FOR THE TIME BEING TILL I REALLY UNDERSTAND IT THEN ONLY I WILL USE IT....TOO MANY LESSSON IN TRADING....WOWWW. . NEED ANOTHERS 5 YEARS TO BE SEMI-PRO TRADERS . . HOPEFULLY.

    Keep it up.

  9. #29
    Junior Member EstherOxrtz's Avatar
    8
    Hey Ramalanne,

    Thank You for another insightful analysis with the use of TDI and EMAs and Pivots.

    I have a little experience with TDI and little to none with EMAs and Pivots. However, I know that a few traders
    are utilizing them quite successfully (you're a living evidence ) so I've decided to incorporate them in my S/D, S/R trading fashion
    for additional verifiion.

    Looking forward to seeing your future articles.

  10. #30
    Hey Ramalanne,

    Thank You for another insightful analysis with the use of Both TDI and EMAs and Pivots.

    I've a little experience with TDI and small to none with EMAs and Pivots. But, I am aware that a few traders
    are utilizing them quite successfully (you are a living proof) so I have decided to incorporate them into my S/D, S/R trading fashion
    for extra confirmation.

    Looking forward to seeing your future articles.
    Hello EL1N,

    if they work for you....use them right. . .if not discount it.

    Down my top eur/usd on monday unite below all analysis about the chart... expect its job this week.

    To EL1N, your analysis better then me cos of S D involved.

    I would put a buy limit order just above WR2 cos on M15 Price stop exactly on top of the t/line and top of friday tokyo channel its was 61.8 fib.r, I forecast by IF THEN concept, price mostly kiss and looking WR2 to completion of the ABCD and pullback up THEN HIT my buy limit order.2nd entry will be buy stop order just above RN 1.36500. BOTH TARGET SAME RN. Means if price pullback from the very best tokyo channel, I do cancel the buy limit order below. NORMALLY I do that egy to all pairs cos no one knows where the price proceed on the next bar....by topdown its 80 percent HELP to inform me the probabilty .correct me I'm wrong.

    I love to be wrong by market shown me wrong, I'm happy enjoyed to be wrong Then only I understand there's another wrong rules wrong steps happens. I will make a note and record it in my journal .will not replie it agains and keep waiting for the upcoming wrong move, be aware and keep the journey.

    The only thing I can't do anything whenever the MARKET MAKER JUMPING IN taking advantages about the retails traders....wash n rinse / stop reduction hunter , etc.. .

    Continue the weekly top down....





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