Daily Trade Opportunities anyone ...?

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Grant
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Re: Higher Time Frames

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So BE it is.... sigh

NEXT
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success = patience + discipline - greed
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humpha
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Re: Higher Time Frames

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Grant,
Thanks for posting your trade, reading the aims wave on the 1hr and 4hr is a different kettle of fish, your diagram is very usefull. I enjoyed Immy's journal post where the 4th wave on the 1 min trade zig-zaged the 0 line several times, from what we have learnt so far it was a new perspective for me. All information regarding the interpretation of the wave is very usefull. Cheers.

Tony
Humpha - trading the waves
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Grant
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Re: Higher Time Frames

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Morning Tony,

Your more than welcome, i'll try and post before the trade is triggered in the future....

As for the that damn EJ trade i am guilty of being to aggressive/impatient with the SL again..... sigh

cheers
Grant
success = patience + discipline - greed
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humpha
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Re: Higher Time Frames

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H1 traders,
Note - On my 1 hr charts I run version 4. So usd/cad trade, red dot on 1hr, alligator sleeping, cross of
0 line on 1hr and 4 hr chart wave on decline towards 0 line. 4hr chart showed retrace back to purple after strong downward trend. Closed trade at 39 pips around previous support area's and needed sleep.
2.gif
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Grant
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Re: Higher Time Frames

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Very Nice,

Version 5.1 was a no trade on that dot.... sigh

keep it up

Grant
success = patience + discipline - greed
Topher
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Re: Higher Time Frames

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Just had my first H1 trade close and it was a winner.
My PO was triggered on the 8am candle yesterday morning. Initially I used Grants H1 trade mangement rules until I was 20pips in profit then I trailed the price by 10 pips using a TM EA to see if I could gain any more pips through the night. MY SL was hit on the 7am candle this morning for +37pips (1.85%).

I used Aimswave of 0.1 and max pip box of 50.

I am watching 9 different pairs on both H1 and H4. Hopefully using the HTF with M1 will help to bag a few more pips per month.

Richard
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The forex market will pay you well for discipline.
Topher
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Re: Higher Time Frames

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I took this H1 EUR-GBP trade yesterday. I used Grants trade management up until I went to bed last night then I set the TM Ea to trail the last candle by 10 pips but unfortunately the price retraced and hit my SL for +5pips (0.25%). I had originally thought about putting the SL to BE, however, this too would have hit SL.

Richard
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The forex market will pay you well for discipline.
Topher
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Re: Higher Time Frames

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Opened up my MT4 this morning to see that my USD-CAD H1 had taken a turn against me during the night. There had been a red dot earlier this morning so I decided to manually close for -9pips.

I have a USD-JPY H1 trade open at present which is going well and have just moved my SL to BE.

Richard
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The forex market will pay you well for discipline.
Topher
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Re: Higher Time Frames

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I have just manually closed my USD-JPY H1 trade for +30pips after a black diamond was present on the close of the 7pm candle.

Richard
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The forex market will pay you well for discipline.
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immy
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Re: Higher Time Frames

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All I can say is the last few days have been "finally" fantastic for the hourly even four hourly charts! I remember some one said they have a EUR/JPY with over 500 pips position. I see according to our system there was an entry signal on the 16th of Feb at 12.00 Alpari on a four hourly chart to go long above 1.3510. The markt is now at 109.21 that is roughly 550 pips profit! wonderful... here is a picture of it!
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What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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