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@  traderpusa : (19 April 2018 - 02:28 AM) yeah got up to see falcon 9 launch lol
@  hatırlaa : (19 April 2018 - 01:54 AM) you started early tp xd
@  rainman : (19 April 2018 - 01:31 AM) got it. much appreciate u taking the time to explain it.
@  traderpusa : (19 April 2018 - 12:32 AM) euro : retrace to DO, long +30 for several entries : https://gyazo.com/dc...ead5a67fe586bb8
@  traderpusa : (19 April 2018 - 12:12 AM) example : https://gyazo.com/eb...c040e557a33edeb
@  traderpusa : (19 April 2018 - 12:09 AM) when a level acted as res several times, the probability is very high it will act as sup after break
@  traderpusa : (19 April 2018 - 12:09 AM) you try to find those levels that act as support and resistance
@  rainman : (19 April 2018 - 12:06 AM) you said you drawn supply and demand zones by just connecting any 3or bottoms or tops, correct?
@  traderpusa : (19 April 2018 - 12:01 AM) so both for horizontal SR (or zone) or TL I look for a 1 2 3 to draw
@  traderpusa : (19 April 2018 - 12:00 AM) first point, second point, 3d point of the trendline. You can see after 3, price touched and reversed on the TL several times
@  rainman : (18 April 2018 - 11:57 PM) what's nbr 3?
@  traderpusa : (18 April 2018 - 11:43 PM) some of the best entries are where TL and horizontal cross.
@  traderpusa : (18 April 2018 - 11:41 PM) look where price turned after nbr 3 !
@  traderpusa : (18 April 2018 - 11:40 PM) Trend line example : https://gyazo.com/3c...1486d1c56c02d43
@  rainman : (18 April 2018 - 11:39 PM) got it. thanks again.
@  traderpusa : (18 April 2018 - 11:38 PM) same for trendline. I look for at least 3 points I can connect.
@  traderpusa : (18 April 2018 - 11:37 PM) those supply&demand indi's just draw based on fractal or ZZ. I do the same manually but only when I can connect 3 tops/bottoms or more.
@  traderpusa : (18 April 2018 - 11:36 PM) manually drawn.
@  rainman : (18 April 2018 - 11:34 PM) excellent trading. blue zone is manually drawn for supply and demand zones?
@  traderpusa : (18 April 2018 - 10:17 PM) ema cross, high to low, entry on low, with nearby trendline. some support level and higher lows.

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Part 2 NEWS TRADING


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#1 homero15

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Posted 01 March 2016 - 11:19 AM

PART 2 NEWS TRADING.

 !!!!!DEMO TRADE AND PRACTICE THIS FIRST!!!!!

With this we got a COMPLETE NEWS RELEASE TRADING SYSTEM.WITH MANY ENTRY OPPORTUNITIES.

!!!!NO CRYBABIES PLEASE !!!! This trading is for those
who have patience to test it, no FAST RESULTS HERE,
the news is only a few times a week so you need to spend time in this. Everithing I say here I back it up with screnchots and explanations, PEACE and GOOD LUCK!!!!!


1H TIME FRAME
Bollinger Bands 20  dev 3
When there is a high impact news release you look at the bb TO BE FLAT or narrow, look at the currency pairs that
are close to the BB before the news.
We are waiting for price to break outside the BB
and WE ENTER opposite direction with expiry of
the same hourly candle.
We want the BB bands flat or almost flaT BEFORE THE
BREAK.
ex; news at 8;30 expiry at 9;00
    news at 8;00 expiry at 9;00
as you can see in this example both expiers at 9;00
because both are in 1H timeframe, and both expiery
at the end of that 1H candle.

 

5rwOwzS.png





 SECOND POSSIBLE ENTRY
1H TIME FRAME
When BB are not flat or narrow.
In this entry, you wait for the 1H candle of the news to end,

if the candle is completely outside BB, you enter next candle opposite direction 1H expiry.

 

Yjof8hH.png



 


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#2 homero15

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Posted 01 March 2016 - 12:29 PM

I took this trade today with 5 reentries,

 

buHJAhs.png

 

xfisony.png


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#3 Jinch

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Posted 01 March 2016 - 12:39 PM

I took this trade today with 5 reentries,

 

buHJAhs.png

 

xfisony.png

Same rules for re-entries, Homero - you trade and if it retraces back inside then outside of BB again then trade again?



#4 homero15

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Posted 01 March 2016 - 12:42 PM

Same rules for re-entries, Homero - you trade and if it retraces back inside then outside of BB again then trade again?

 

Yes exactly the same. RULES FOR REENTRY;

that is correct, when price moves outside and you take a trade, then price retrace,

then price moves outside again BEYOND the first entry I wait more than 10 pips and place another trade and so on.



#5 singu

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Posted 01 March 2016 - 12:51 PM

Nice Homero15.. you expanded on your first strat. Looks good.

 

I can't trade your strats because my broker has low payout on news but i'm glad it's working nice for you.


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#6 Mondmann

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Posted 02 March 2016 - 10:58 AM

perfect trade setup and i was so damn prepared for it, was watching USDJPY the most, because it was close to the BB, funded my Broker Account :D and then i forget to take the trade because of the music and i was studying and totally forgot to watch again on the chart, next time i will set a alarm :D

 

no problem, so i take my first live trade tomorrow :)

 

there were some good trade setups today too.


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some folks win and some folks won't.

 

German Facebook Group: https://www.facebook...93621324308805/


#7 Jinch

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Posted 02 March 2016 - 11:11 AM

perfect trade setup and i was so damn prepared for it, was watching USDJPY the most, because it was close to the BB, funded my Broker Account :D and then i forget to take the trade because of the music and i was studying and totally forgot to watch again on the chart, next time i will set a alarm :D

 

no problem, so i take my first live trade tomorrow :)

 

there were some good trade setups today too.

Sounds like me. I must have missed 4 or 5 across the two Homero news strats in the past 24hrs through untimely distractions  :rolleyes:


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#8 Nickachino

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Posted 03 March 2016 - 04:34 AM

Homero, do you use both strategies or do you jut focus on one of them?


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#9 homero15

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Posted 03 March 2016 - 09:30 AM

Homero, do you use both strategies or do you jut focus on one of them?

 

I use all 3 possible entries, some times it does overlap INSANE with PART 2 and you can take trades accordingly.

today no entries for INSANE but 4 entries for part 2.

 

today 8;30 news 1H CANDLE USDCAD 4 reentries, I took it to soon so 3 winners 1 loss

 

http://i.imgur.com/0I4v3l6.png0I4v3l6.png

 

 

 

16fn2Pz.png



#10 homero15

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Posted 04 March 2016 - 09:22 AM

Very clear and clean setups today, my MT4 is acting up, I am working on it , but I got screenshots from FREESTOCKCHARTS,

What is going on here?

 

1VhsKDC.png

 

bm5v4cl.png

 

 

 

cAoOMtu.png



#11 jackjames

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Posted 07 March 2016 - 03:28 AM

Can someone help me understand something? This morning the German factory orders news was above forecast - a bullish news release - but the EUR/USD pair dropped like a stone. How does that happen????

 

Also, an interesting setup on that pair, with the price going below BB with 3 SD in the 3rd 30 min candle after the news. I didn't expect to see it, especially as the news was only medium impact but I took it and it is looking good so far.

 

Edit: my positions are looking good but the candle does not look like returning all the way inside the BB


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#12 homero15

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Posted 07 March 2016 - 09:22 AM

Can someone help me understand something? This morning the German factory orders news was above forecast - a bullish news release - but the EUR/USD pair dropped like a stone. How does that happen????

 

Also, an interesting setup on that pair, with the price going below BB with 3 SD in the 3rd 30 min candle after the news. I didn't expect to see it, especially as the news was only medium impact but I took it and it is looking good so far.

 

Edit: my positions are looking good but the candle does not look like returning all the way inside the BB

 

If the EUR is below the forecast the EURUSD will drop because the EUR is the first currency in the pair, looking at the 30m charts the EURUSD end up a winner, sometimes the candle do not end up completely inside the BB, in this case looks like 75% How that go?



#13 jackjames

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Posted 07 March 2016 - 11:22 AM

It did win for me. The particular movement I was referring to was above forecast for the Euro but the EURUSD pair dropped, which seems backwards? Anyway, it won!


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#14 fjordmelis

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Posted 11 May 2016 - 01:59 AM

Hello Homero15 i took a trade on NZD/USD yesterday. I took multiple trades some of them won but the candle did close outside BB 20 - 3.
Please tell me if i did something wrong.
9a65d8fbccca428ff08dec6bd3ff257d.png
Best regards
 


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#15 zac00001

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Posted 12 May 2016 - 07:05 AM

Thanks Humero for a great ITM. Flat market. Expiry to end of hour and trade taken when price passes 20,3. Huge retrace. Winner.

 

yt1Fag0.png?1


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#16 fjordmelis

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Posted 12 May 2016 - 07:18 AM

Thanks Humero for a great ITM. Flat market. Expiry to end of hour and trade taken when price passes 20,3. Huge retrace. Winner.

 

yt1Fag0.png?1

I took the same trade, it was awesome!

a971bcb475491b6c9409dc70f40aecd7.png



#17 homero15

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Posted 12 May 2016 - 08:30 AM

Hello Homero15 i took a trade on NZD/USD yesterday. I took multiple trades some of them won but the candle did close outside BB 20 - 3.
Please tell me if i did something wrong.
9a65d8fbccca428ff08dec6bd3ff257d.png
Best regards
 

there is nothing wrong with your trade, some times the price just do not retrace all the way back inside BB, in this case you only win the reentry trades,

the best setup is when the BB are flat like your trade and zac0001 took.

my trade today 8;30 news. the doted line is the dev 3, the other is for something else, as you can see the candle also end up almost 

outside the doted line, I won 2 trades just because I waited long to see the candle completely outside the BB.

 

oJK9j2G.png


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#18 fjordmelis

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Posted 13 May 2016 - 08:20 AM

Trades i took today 3 ITM 1 OTM - the OTM was on USDCHF because it went outside the BB again and i entered a trade.
I won first trade on usdchf, don't know why i entered 2nd time.

83d0876d8343a302b0b433ce7a3d0b3e.png

1ece0e1909a56876cd56dbd076cf7a5e.png

8517a3356324dd5c95a32160d0f88845.png


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#19 olamiday

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Posted 13 May 2016 - 09:12 AM

there is nothing wrong with your trade, some times the price just do not retrace all the way back inside BB, in this case you only win the reentry trades,

the best setup is when the BB are flat like your trade and zac0001 took.

my trade today 8;30 news. the doted line is the dev 3, the other is for something else, as you can see the candle also end up almost 

outside the doted line, I won 2 trades just because I waited long to see the candle completely outside the BB.

 

oJK9j2G.png

Could you have used your second entry and entered a call for the next hour?



#20 homero15

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Posted 13 May 2016 - 09:22 AM

Could you have used your second entry and entered a call for the next hour?

The candle was not clearly outside of the BB, that is why I didn't,

 Like fjordmelis I also took 3 ITM AND 1 OTM, many good setups today, I could not take all.

 

 

 

f0hJfkT.png

 

vriklpr.png

 

AZE7b3d.png


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