Trading Made Simple the right way, and other trading lessons 204 replies. Monitor for 'Trading Made Simple' system 532 replies. MTF Indicators for the 'Trading Made Simple' system 238 replies. Indicators for the 'Trading Made Simple' system 338 replies. Trading Made Simple system follower - Thanks to eelfranz 9 replies.
- May 4, 2011 9:16amMay 4, 2011 9:16am
- |Commercial Member|Joined Dec 2010|182 Posts
Hi, have you myfxbook statistic account?
Yes, there's accounts. Here, for example, there are others.There's a lot of users.
- May 12, 2011 1:59amMay 12, 2011 1:59am
- |Joined May 2011|Status: Junior Member|2 Posts
Hello. Sorry for my English. Who Trades on H1 this method? What settings are you using? How are you getting? Approximately how many trades per day, per month?
- May 16, 2011 2:44amMay 16, 2011 2:44am
- |Commercial Member|Joined Dec 2010|182 Posts
Hello. Sorry for my English. Who Trades on H1 this method? What settings are you using? How are you getting? Approximately how many trades per day, per month?
Sorry for my Englesh too! :-) Timeframe does not matter. See picture. USDCAD 2011-May-16 08-24 (GMT+01:00) Paris
http://img706.imageshack.us/img706/6...0516082443.png
On my system, five currency pairs ( EURJPY;EURCHF;EURGBP;EURCAD;EURAUD). Usually Eur(jpy,chf,gbp) Buy: Eur(aud,cad) Sell simultaneously. And so three or four times a week. To really understand it, it is necessary to describe the system completely, I will do next time.
--------------
The USD/CAD rose this week, but fell short of closing above the all-important 0.97 area. This shows that the area is indeed significant, and could be a massive headwind for USD strength in this pair. Compounding this is the fact that there is a downtrend line that we are currently bumping up against. I remain bearish on USD/CAD.
The Canadian dollar doesn’t rely only on oil, but is more dependent on the US economy, which is gradually improving. In addition, the economy of Canada is doing great, especially with the recent impressing gain in jobs.
http://img811.imageshack.us/img811/6945/mane11may16.pnghttp://img41.imageshack.us/img41/5832/big11may162.png
~~~>docs.google.com/document/pub?id=14YIgWu6mqwm0AYkhG14x-1vwsygUUGs3krB4a1Q7iyA#id.yhxodux8ibu5
Full Coverage - May 17, 2011 7:47amMay 17, 2011 7:47am
2011-05-17 eur / usd
- May 19, 2011 4:51amMay 19, 2011 4:51am
- |Joined May 2011|Status: Member|10 Posts
Hi guys, I'm new here. Looking forward to perfecting my P&F skills and trading
- May 30, 2011 4:21amMay 30, 2011 4:21am
- |Commercial Member|Joined Dec 2010|182 Posts
Forex - USD/CHF weekly outlook: May 30 - June 3
Forex Pros – The broadly stronger Swiss franc surged to a record high against the U.S. dollar on Friday, as a combination of concerns over the outlook for U.S. economic growth and euro zone sovereign debt issues weighed on risk sentiment....
http://img41.imageshack.us/img41/2830/mane11may30.pnghttp://img218.imageshack.us/img218/2...g11may30tu.png
Forex Pros – The broadly stronger Swiss franc surged to a record high against the U.S. dollar on Friday, as a combination of concerns over the outlook for U.S. economic growth and euro zone sovereign debt issues weighed on risk sentiment....
http://img41.imageshack.us/img41/2830/mane11may30.pnghttp://img218.imageshack.us/img218/2...g11may30tu.png
- May 31, 2011 12:11pmMay 31, 2011 12:11pm
- |Joined May 2011|Status: Junior Member|1 Post
really intrigue by your calculation of the box sizes and reversal amount; and even more heartened that there are big-hearted traders who shared their knowledge selflessly
Like to check my understanding of your calculation of box sizes and reversal amount:
- You had replied to aybulat in #283 that timeframe does not affect your box size and reversal amount i.e. on the EURUSD pair for example, it does not matter if I am trading with a M15 or daily timeframe; I would still be using a box size of 20.
- Could you elaborate on why you use the three reversal amount of 2, 3 and 4 for comparison? How are these numbers derive?
- Could you share how you had arrived at the fraction of 1/3 of Open-Close or 1/6 of High-Low price to calculate the box size of each currency pair?
thank you in advance fteller. Your sharing has certainly grown my understanding of P&F charting!
- Jun 1, 2011 4:34amJun 1, 2011 4:34am
Hi guys, I'm new here. Looking forward to perfecting my P&F skills and trading
Hello, feel free to ask any questions here. - Edited at 2:30pmJun 5, 2011 2:16pm |Editedat 2:30pm
Hi guys,
I'm very new to point-and-figure and I use TradeStation charts. I thought the best way to put my question is to compare a regular USD/CAD chart from 5/20/2011 in my familiar 15mins intraday view, and then see how your point-and-figure chart looks like. I marked out the asian session from 5/19 5pmEST roll-over/settlement to 1amEST in blue box, and I ended the right side of my 15mins chart at 5/20 5pmEST.
I see a false move down at London open 3amEST (white arrow down), before turning up from 0.9640 lows. It then made 3 pushes (3 white arrows up) to the highs at 0.9770 area, ending with 4 pins much like double-top (2 pairs of green/red bars) before reversing down again at 11amEST (also in 3 pushes actually). There are entries in my current method on this USD/CAD chart, but I wanted to see how it looks like on point-and-figure chart. I was hoping someone would have time to show me the alternative view of this intraday move. If not, I apologize for the difficult request. Thanks.
http://4.bp.blogspot.com/-TR-hoOzaTq...600/USDCAD.png
P.S. I couldn't get TradeStation point-and-figure historical chart to work over the weekends, seems it required real-time plotting. I will certainly check this on Monday.
I'm very new to point-and-figure and I use TradeStation charts. I thought the best way to put my question is to compare a regular USD/CAD chart from 5/20/2011 in my familiar 15mins intraday view, and then see how your point-and-figure chart looks like. I marked out the asian session from 5/19 5pmEST roll-over/settlement to 1amEST in blue box, and I ended the right side of my 15mins chart at 5/20 5pmEST.
I see a false move down at London open 3amEST (white arrow down), before turning up from 0.9640 lows. It then made 3 pushes (3 white arrows up) to the highs at 0.9770 area, ending with 4 pins much like double-top (2 pairs of green/red bars) before reversing down again at 11amEST (also in 3 pushes actually). There are entries in my current method on this USD/CAD chart, but I wanted to see how it looks like on point-and-figure chart. I was hoping someone would have time to show me the alternative view of this intraday move. If not, I apologize for the difficult request. Thanks.
http://4.bp.blogspot.com/-TR-hoOzaTq...600/USDCAD.png
P.S. I couldn't get TradeStation point-and-figure historical chart to work over the weekends, seems it required real-time plotting. I will certainly check this on Monday.
- Jun 9, 2011 12:58pmJun 9, 2011 12:58pm
- |Joined Mar 2007|Status: Member|418 Posts
- Jun 10, 2011 3:24amJun 10, 2011 3:24am
Hi guys, I was hoping someone would have time to show me the alternative view of this intraday move. If not, I apologize for the difficult request. Thanks.....
Hello , this is how it looks:from 01/06/2011
- Jun 10, 2011 6:26amJun 10, 2011 6:26am
- |Commercial Member|Joined Dec 2010|182 Posts
Hi fteller
really intrigue by your calculation of ~~~~~~ of P&F charting!
I decided to use the average value of approximately 1000 entries for daily quotes. really intrigue by your calculation of ~~~~~~ of P&F charting!
http://img221.imageshack.us/img221/1...10120522se.gif
This decision came when I was searching for some consistency.
Why is 153 divided by 76 is approximately equal to 2, I do not know.
If on the other currency pairs to make similar calculations, the result will be 2. Magic numbers. :-)
The best indicator for P & F made a puma, it fair!
http://img32.imageshack.us/img32/4739/mt11jun10.gif
Different materials on the euro recently.
- Jun 13, 2011 6:06amJun 13, 2011 6:06am
fteller how it's going? what is your results mate?
- Jun 14, 2011 2:02amJun 14, 2011 2:02am
- |Commercial Member|Joined Dec 2010|182 Posts
fteller how it's going? what is your results mate?
I did not understand you. English is not my native language. On the line which results in question? Sorry ... On the $index (DXY) in detail ....
http://img684.imageshack.us/img684/9035/mt11jun14.png
- Jun 28, 2011 4:42pmJun 28, 2011 4:42pm
- |Commercial Member|Joined Dec 2010|182 Posts
There is a program Bull's-Eye Broker. I recently downloaded the trial version.
This link is working.
OR
Here's the link to your file:
File expiration date: July 4, 2011
http://img807.imageshack.us/img807/14/tb11jun281.png
Who has a test windows 7 please. Works or does not work with this system.
USDJPY charts with this program.
This link is working.
OR
Here's the link to your file:
File expiration date: July 4, 2011
http://img807.imageshack.us/img807/14/tb11jun281.png
Who has a test windows 7 please. Works or does not work with this system.
USDJPY charts with this program.
- Jun 29, 2011 3:04amJun 29, 2011 3:04am
fteller hi , i meant how it's going on trading? Are the things going well?
* * *
MT4, SETUP: 10x3
* * *
MT4, SETUP: 10x3
- Jun 29, 2011 1:55pmJun 29, 2011 1:55pm
There is a program Bull's-Eye Broker. I recently downloaded the trial version.
I had tried this software but I couldn't make it work with forex quotes, especially those with 5 decimals - Jul 4, 2011 8:57amJul 4, 2011 8:57am
- |Commercial Member|Joined Dec 2010|182 Posts
I had tried this software but I couldn't make it work with forex quotes, especially those with 5 decimals
Hi! Best of all I have are surfing with premium forex quotes metastock. But now I do not have subscriptions to these quotes. :-(Use the format csv. It is easier to do. Here are my old notes. Comments in Russian, sorry. Use pictures, you'll understand.
Import the data from the MT in the format csv. Convert the file so as an attachment. I think this is the easiest way. Bad English, sorry ...
You use the Windows 7?
- Jul 13, 2011 7:50amJul 13, 2011 7:50am
- |Commercial Member|Joined Dec 2010|182 Posts
The AUD/USD slumped heavily amid wide risk aversion on worsening growth outlook and deepening debt crisis in Europe with markets jittered that the contagion risk is rising and threatening Italy, the third largest economy in the euro area....
http://img3.imageshack.us/img3/3356/exut11jul13tb.pnghttp://img52.imageshack.us/img52/6923/beut11jul13tb.png
http://img3.imageshack.us/img3/3356/exut11jul13tb.pnghttp://img52.imageshack.us/img52/6923/beut11jul13tb.png
- Jul 15, 2011 10:06amJul 15, 2011 10:06am
- |Joined May 2011|Status: Member|10 Posts
Christmas Gnomes Made Easy With Socks
Hi P&Fers,
Jeremy du Plessis, the author of The Definitive Guide to Point and Figure, will be appearing in a live webinar on FXStreet.com called The Bookshelf as his book was added to their selection of ‘books that provide the best value for currency traders’. This will be held on Tuesday July 26 at 11am.
Should be an interesting discussion between Goncalo and Jeremy. I'm looking forward to hearing the expert talk about how he uses P&F charts for the FX market. Have found his book to be one of the main things that convinced me to move from equities to FX.
Anyone else want to join? Here's the link, I've just registered:
Live - The Trader's Bookshelf: The Definitive Guide to Point and Figure by Jeremy du Plessis
Best,
Chartist Lion
Jeremy du Plessis, the author of The Definitive Guide to Point and Figure, will be appearing in a live webinar on FXStreet.com called The Bookshelf as his book was added to their selection of ‘books that provide the best value for currency traders’. This will be held on Tuesday July 26 at 11am.
Should be an interesting discussion between Goncalo and Jeremy. I'm looking forward to hearing the expert talk about how he uses P&F charts for the FX market. Have found his book to be one of the main things that convinced me to move from equities to FX.
Anyone else want to join? Here's the link, I've just registered:
Live - The Trader's Bookshelf: The Definitive Guide to Point and Figure by Jeremy du Plessis
Best,
Chartist Lion