The finest in trend trading

Hey dzoykim,

The first place to start is the babypips school - next to the “home” button on the top.

Once you are finished reading the school, begin reading this thread from the VERY BEGINNING until the very end.

Then look up Graviton’s thread on Multiple Time Frame Trend Trading and carry on reading from there.

Hi iron,

WTI is: (Western Texas Intermediate) crude oil

you can trade : OIL ( Brent crude oil) too if you haven’t WTI

Greg

Hey Greg, Sorry I don’t think I was clear.

I was wondering whether it had a different symbol. I guess WTI and OIL are the symbols.

Don’t think my broker allows you to trade it.

Simple, start in Babypips school, then this thread from the BEGINNING and you will be on your way.:slight_smile:
second TAB on top

Just wanted to send a big thank you to Tymen. And also a big thank you to all the contributors. I am also now starting to follow Gravitons post as well!!

It is rare to find a site and forum so full of helpful information, and I appreciate it!

Cheers! :smiley:

One thing I have kind of noticed, is that when price action comes off a BB walk, and begins to range rather than doing a reversal, if there will be a reversal, the BB that it was walking will begin to curve inwards at about the same time that the price action does it’s reversal. The sharper the curve inward, the faster it will go in the opposite direction that it was going…

Hi pipcatcher

for this method it really is not important as trend lines are not used as the system developes. Please bear in mind that this strategy is not necessarily suited to novice traders. Have you been through the school yet ?

Très bon travail, et le fait de ne pas respecter à la lettre les règles n’est pas forcément une mauvaise chose.
Tymen va bien et est lancé dans son déménagement, il vous salue tous.

Hi all,

for those that have not enough place on their screen like me, I find this indicator with many settings, for keep on their eyes other TF. I asked to the owner too add the Bollinger on it, waiting for. If you have some problem for install , I can share my template for .

stratman mini chart indicator @ Forex Factory

cheers

Greg

1 Like

Hey thanks mate! That looks brilliant!
I’ll check it out tomorrow! Bollinger Bands would be nice indeed.

I’ll second that. The chat room is great for live interaction, but this thread allows people to learn and participate that have different schedules and miss chat room discussions.

PLEASE i have downloaded, extracted and instaled the MMACD zip file but it is not working properly on my MT4. need some help. please.:confused::confused::confused:

you need to read the whole thread mate…we arent using it anymore…

A test of my understanding… I am compelled to post this chart as I think I followed the rules…

Rules I followed:
2 candle CBL
Waited for opposite BB to turn in (indicated with the blue vertical line)
Waited for a close above the CBL line (Indicated by my red zigzags)
Entered at the open of the next candle.
M30 chart
Target at midBB for TP1
SL at low of CBL (light blue line)
CBLs only adjusted for lower lows and lower highs.

Some possible reasons why this trade failed:
hmmm… it’s a counter trend trade?
Did I draw my CBL wrong?
It’s a sausage?
Do I need to make my chart larger? :stuck_out_tongue:


Let me know your thoughts. :slight_smile:

Your chart is fine beehjae.

You traded in the middle of a bubble.

Here’s a post from Tymen explaining this well. Compare your trade to Denise, you traded in the gray area. The no trade zone.

Thanks for the reply Master Tang :slight_smile:

Yeah, I remember tymen discouraging newbies not to trade bubbles and sausages.

Now, then, my next academic inquiry is to determine a more detailed approach of how a squeeze looks like?

Or better… anticipate that a squeeze will be occurring. Any detailed definitions we have? Squeezes stand out in hindsight, but if it’s “in the making,” it’s more difficult than I think it is to identify one, imo.

I notice that you’re not in chat. Unless you use another name :stuck_out_tongue:

Greg, very cool! You could guess I’d like this :slight_smile:

Watching price action will often tell you when a squeeze is setting up.

Price will slow down on the chop, and consolidate in ever tightening candles.

I’m watching charts, and I’ll post one when it’s setting up.

And I have the same name in chat.

I’ll pop in for a bit:)

thank you master tang, I’ll be looking forward. :smiley:

I have created a spreadsheet with the 5 lot trading system. It’s helped me in fast moving times and trading multiple pairs. I just pop the initial entry price and it gives me all my SL,BE prices for each lot. Would love to share it but it appears you can’t upload excel on this forum. Any suggestions?