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Forex profit 3 h

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forex profit 3 h

Forex Profit Monster - 4H TF. Community Links Members List. Jun 23,1: But I do recall the fellow was a blow-in to a soup-kitchen-type situation in Forex. Maybe the governments should give a 3 Trillion dollar bailout to the soup kitchensand give all third world countries Nuclear power to advance the people Jun 23,3: Aussie Sheila's and Blokes! There IS a slight difference! Originally Posted by Hip Forex. And I wasn't sure, cos you know what them bloody Aussies are like I like to use other indicators to clarify my signals, or to identify potential setups. One of the simplest trend indicators, which seems totally smoothed for noise, is the 2-colour Hull Moving Average. It is otherwise known as the: I am using a different template other than the FPM, so that readers can assess the worth of the tweaks. This chart shows the HMA as well as two of profit fav MA's - the period SMA and the 4-period EMA. The crossing of these two, combined with the HMA, can be used as a stand-alone method But I submit them here for evaluation for possible inclusion as an added extra to the FPM. Profit I profit wish to remain a FPM purist - it would be foolish to ignore tools that can get us into these nice runs earlier, and with a degree of confidence not enjoyed with the FPM alone. The MTF Stochastic is also shown - lovely isn't she? Jun 23,5: Profit trade is nearing maturity, closing profit on the TP set of 1. It seems to be picking profit momentum, and I am loathe to close it at the TP I set initially. To make the decision more difficult, the price has dropped even harder since the new 4H candle opened just 15 minutes ago - the trade has gained around 40 pips in 15 mins. Of course we need to be aware that the candle could be forming a long-tailed bottom here, because there is VERY strong resistance around where I placed the Take Profit TP. Jim the author says to set the TP, and the SL Stop Loss and to let the trades run, making decisions after the close of the candle. The Trend Power Indicator is still looking strong I think I will leave the initial stop exactly where it is. If I profit the profit Meantime, let's just trust profit system, and worry about the autopsy later. I have added the MTF Stochastic to the already-cluttered chart, so an easy comparison can be made to the FPM and the Stochastic action. There are 3 colours to the MTF Stoch. The Green represents all stochs from to The Orange represents to Read the link for "Spudfyre's MTF Stochastic": Spuds Stochastic Thread Theory - Forex Factory I also removed the Profit Monster ADR window from the chart, to try to declutter the chart a bit. Interesting to note that the USD Index, which I always watch, is weakening during this current session. Also, there are rumours around concerning the eventual not imminent devaluation of the USD. If you get The Daily Pfennig from Chuck Butler, President of Everbank, you are probably as savvy as you need to be for TA trading, with a FA flavour. Daily Pfennig A touch of FA confidence never hurt anyone, especially when the currency is running in the direction of its LT trend. Last edited by Ingot54; Jun 24, at Insert links to Newsletter and TA threads. Profit 23,6: Originally Posted by Ingot IT seems to be picking up momentum, and I am loathe to close it at the TP I set initially. Of course we ned to be aware that the candle could be forming a long-tailed bottom here, because there is VERY strong resistance around where I placed the Take Profit TP. Jun 24,3: Plenty of action atm! Forex you see the CHF pairs move!! Nothing to do with FPM though, although the news-related spike DID send an ALERT for the EURCHF which rocketed pips in 2 hrs! Here's the skinny on that: Swiss Franc Drops on Speculation SNB Sold Currency to Curb Gain - Bloomberg. Best to wait until the dust settles and see what the trend does. I found a signal at hrs GMT to go LONG the NZDUSD. I got an entry at 0. I know that doesn't help anyone who is trying to do a few demo trades based on the FPM - but hey! ALERTS AUDUSD - BUY alert May need to wait until around hrs GMT for the next signal to go LONG if it eventuates. A lot can go wrong in the meantime. EURJPY - BUY forex May also need to wait until around hrs GMT for confirmation of the LONG trade. Technically we could look for another entry to the GBPUSD. Both the FPM Fast Trend and the FPM Slow Trend are still above there zero lines. We would need to get another small white "UP" arrow in order to take an entry. But honestly - why would you want to do that - there are enough trades without complicating things. TRIGGERS The EURCHF has given a BUY signal from 1. I would put SL at around 1. TP I would put forex 1. That coincides with the Fibs level of So it is not an odd place to place a TP. Be careful if considering this trade - I think it still has forex retracing back to the 1. I have seen a lot of these retracements followed by further rallies over the past couple of years. You can make money from scalping the retracements after these fast moves - but of course the spread widens as liquidity dries up. It may not happen - it is just probable. The stochastic and the two MA's I use are also pointing to a rally, and on a close profit, I tend to think they are right forex even allowing for the news-spike-effect on them. The FPM Trend POWER is looking like the TF are rallying. Take care and best wishes Ivan. Jun 24,5: ALERTS EURJPY alert to go LONG has been cancelled. EURJPY alert has been given to be ready to go short. Look for this by hrs GMT AUDUSD alert to go LONG still valid - again look for confirmation at hrs GMT TRIGGERS EURCHF still giving signals to go LONG. I don't trust it right now forex but there it is. Because it is already so forex to resistance, I would expect it to be a breakout proposition if it can get above 1. Wait for a successful re-test of the level as SUPPORT before jumping in. Do so only if desperate for a forex As for me forex nothing to see here, so I will ove along It's hrs AEST here in usually sunny Queensland! Cheers and best wishes Ivan. Thread Tools Show Printable Version. Search this Thread Advanced Search. LinkBack LinkBack URL About Profit. Notices Join T2W today and enjoy a great package of benefits Page 3 of Originally Posted by Hip Hop ignot, fyi, meant as a recognition of a funny face avatar inquiry Other ideas I like to use other indicators to clarify my signals, profit to identify potential setups. Profit Taking The trade is nearing maturity, closing in on the TP set of 1. Trade Closed as Planned Quote: Originally Posted by Ingot54 The forex is nearing maturity, closing in on the TP set of 1. There is always a good trade happening Plenty of action atm! Take care and best wishes Ivan Attached Thumbnails. Originally Posted by Ingot54 TRIGGERS The EURCHF has given a BUY signal from 1. Currently Active Users Viewing This Thread:

Forex 3 Simple Moving Average - 10 Profit Targets

Forex 3 Simple Moving Average - 10 Profit Targets

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