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Old 08-06-2008, 09:30 AM
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Default UML Live

Hi,

This thread intend to be a training one that allow Tymens students to post their potential trades or idea of trade. Every post should be as detailed as possible. The concept is to train for radar, design, guess, ...EVERYTHING !
Then one should also write his feeling to have the others or teacher tymen correcting if necessary.

Remember guys that you have to make a mistake to correct it. If you never make anything you will not make mistakes but you'll never do anything..... Then, go , feel confident, anyway there will be one to guide you thru UML land.

Nevertheless, this thread isn't an explanation of the method and noone will explain it there. The new reader may refer to the links below if he want to understand and more generally to the whole thread THE JOY OF CANDLESTICK TRADING - a Learning Experience.

I thought it could be interesting to explain a little bit how to make snapshots. If you're using Vista or XP there is a default painter (Accessories). When you look at your screen you can use your keyboard button 'Print Screen' (should be above the Enter key). This will put a copy of your screen in your clipboard. Then back to Paint, File->New then 'paste' from your clipboard. This is it ! Then you can add comments, lines or questions on the picture, then post !

Ok, there are two ways to post. First with the forum functionalities. It will show a thumbnail in your post and the reader will have to click on it to view it. Another method is the one used by tymen which include the picture directly in the post. He uses a hosting service from a free server (there are plenty of those). I would suggest we keep the thumbnail for us and let the teacher use the inside system. Otherwise it will be hard to read the thread when many of you guys will post with the comments....

So now it's all up to YOU !

Thanks for sharing and many thanks to tymen.


FXCaribbean
"Don't go where there is a path. Open a new one and leave a trail".
If you want to understand what we're talking about here (UMS) then read this and set your screen and computer that way
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Old 08-09-2008, 04:20 PM
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Great. these two threads are going to be very useful......!

Thanks for setting them up....

dave
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Old 08-21-2008, 12:39 PM
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Hi everybody,just entered this trade for a long term trade.but am not sure about the trade that's why i put the SL.
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Old 08-21-2008, 12:49 PM
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Nice chart but can you give us more written detail?

You have encircled two candles - is that the pattern you wished to trade?

Did you see that as a long engulfing pattern.

You have 4 lines on the chart-

2 red dashed
1 green dashed
1 full line.

What does each one mean?

Where was your entry, and which line was the stop loss?
Is one of them a take profit line?

Once we know a bit more about your trade, we are in a position to comment.
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Old 08-21-2008, 02:21 PM
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Quote:
Originally Posted by tymen1 View Post
Nice chart but can you give us more written detail?

You have 4 lines on the chart-

2 red dashed
1 green dashed
1 full line.

What does each one mean?

Where was your entry, and which line was the stop loss?
Is one of them a take profit line?

Once we know a bit more about your trade, we are in a position to comment.
Hope you don't mind if I answer being an MT4 user...

The top red dashed line is the t/p,
the green dashed line is the (buy) entry,
the bottom red dashed line is the s/l,
and the full line was the current price at the time of the screen print.

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Old 08-22-2008, 01:00 AM
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Thanks Sweet Pip for answering the question for me.I had an internet problem .Just to make things clear,about the lines ,it's just like sweet pip said .I did see it as a long engulfing pattern.my entry was at 95.23,T.P was at 95.43 and SL at 95.03.The trade did go my way when i checked later.
Will give more details the next time i post a trade.thanks all.
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Old 08-22-2008, 01:36 AM
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Saw another trade on the aussie 30M TF but it happened to early for me to trade it.I hope all the details required are on the charts.It is the long engulfing pattern.
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Old 08-22-2008, 09:15 AM
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Quote:
Originally Posted by ericoco View Post
Saw another trade on the aussie 30M TF but it happened to early for me to trade it..........................
Never mind ericoco!

There will be plenty more.

Stand by for the release of my 4 levels of candlestick trading, Scalping, Basic, Intermediate and Advanced!!

There will be a level to suit you!!
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Old 08-24-2008, 04:22 AM
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Quote:
Originally Posted by tymen1 View Post
Never mind ericoco!

There will be plenty more.

Stand by for the release of my 4 levels of candlestick trading, Scalping, Basic, Intermediate and Advanced!!

There will be a level to suit you!!
I would love to see your piece on scalping.
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Old 08-24-2008, 01:59 PM
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Quote:
Originally Posted by pablopluto View Post
I would love to see your piece on scalping.
Why? Do you fathom any of it in any shape
or form being educational or usable? Doubtful!
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