THV.lzh trade method

THV.lzh

MT4 based on Ichimoku

Short bar is for scalping  Long bar is for swing trade.

MACD + Support or Resistance Breakout

MACD　11、12、11

　

Entry Point: 

MACD 0 line cross

Support or Resistance break out

Stop: Support or Resistance Line before MACD 0 Line Cross.

it is better to use this method with other indicator like Fibonacci target.

5MA＋CCI zero cross Method

5 Min Candle 

Entry open prince of the newest 5 min candle when trend passes 5 MA. and next bar's close price still keeps 5MA passing side and passing zero,    

TC when each 5 min bar's end price cannot keep 5MA side. 

*check Candle Chart; Day, 4hr, 1hr, put trend line for each candle, see trend and follow market. 

also put MA 21, 50, 98, 150, 200

Rule

Don't forget loss cut, there are many chances.

TC before Range

Don't trade on the non fluctuation price market 

Heikin 60min × 1 min slow stochastic

slow-stoch.mq4

Entry only when 60 min and 1 min are the same trend,

Entry when 60 min is up bar, slow-stoch is up bar from down, and 1 min change down bar to up bar,    

Make stop at about 5pips from latest down bar.
Make limit when 1 min bar will be rally or upper or lower shadow is shorter than last shadow.

cut loss correctly

it is less benefit, but also it is less loss 0 -20 pips Pips

if you cannot win 90% of trades from this method, it meant this method is not fit to market right now, it is better to use this method when it works, it works when it is over 90 %.

Good luck on trade. :)

Heikin trading method 1

Parameter:
Heikin (DAY, 1hr, 30min, 15min, 5min.)
BB 22 for overshoot
MACD 4, 26 9 for entry point
STC 5,22,5 for entry point
Slow Stochastic 42,3,4 for entry point
ADX 6 for trend

How to entry;

VT Trader

1. check long term trend by Day Heikin
2. Middle term trend by 1hr Heikin
3. Short term trend by 30m 15m Heikin
4. Check Entry Point by 5 mins

Up trend: Heikin up bar in raw
Down trend: Heikin　down bar in raw

The reason why to use Heikin, not candle bar is easier to check Trend by Heikin than Candle Bar.

5. wait for entry until 5 min Heikin is the same trend to Middle and Long term.
For Swing or Day Trade: 30min Heikin and 1hr Heikin
For Day Trade: 30mins Heikin and 15mins Heikin
For Scalping 15mins Heikin and 5mins Heikin

6. prepare to entry in case when 5mins and Middle and Long Tern are the same trend.

7. Entry when :
MACD is GC or DC
Slow Stochastic is GC or DC
STC converses to the Trend
ADX is up right or down right

Don't forget to make STOP,
and for TC it is better to use ADX,

*please trade on your risk and responsibility, I won't take any responsibility for your trade.

Good luck for trade.

Trade of the week 12/7 ~ 12/11

Good and Stable trading performance in this week. :)
Risk management makes good and stable trading, please do not forget about it.

Here's this week's trading result;

7wins 7 loses
+104.3pips - 52.8 pips = + 51.5 pips

Capital Gain in this week:
JPY ￥433,130     1 JPY = 1 JPY
USD $4,862.25    1 USD = 89.080000 JPY
EUR €3,327.35    1 EUR = 130.172604 JPY


FRI
2Win 1 Lose
+￥284000 -￥70000 = +￥214000
+28.4 pips  -7pips = 21.4pips

THU
0W-2L
-￥140000
0pips-14pips= -14pips

WED
3W-2L
+￥99130
+35.9pips - 14.8pips = +21.1pips

TUE
1W-1L
+￥130000
+20pips-7pips= +13pips

MON

1W-1L

+￥130000

+20pips-7pips= +13pips

12/11

EUR JPY 15.7pips
EUR JPY 12.7 pips
EUR JPY -7pips

3 trades = 2 wins 1 lose = 21.4pips

Although I loss cut last one, it was right to read trend, but I finish trading in this week.
that's how I do for risk management, I feel nothing to win and lose trade, it is total sum game, keep your trading method and risk management, and if you win trade, that's right way for trading,

I said that I would take winter vacation from tomorrow for a month,
but probably I will trade if I think it is chance to do, but I will be more carefully, so I won't trade everyday probably. that's how I spend this winter vacation.

Instead of posting trade dairy next week, I would like to post trading methods next week. :)
some of them might be helpful for you. :)
*Please trade from your own risk, i won't take any responsibilities.

 

12/10

AUD JPY -7pips
EUR JPY -7pips

2trades 0 Win 2 Loses  -14pips

I lost way,,, if I continue trading. I might lose 100 times in raw. I better stop here,

12/9

EUR JPY 11.3 pips

EUR JPY 15.5 pips

EUR JPY 9.1 pips

EUR JPY -6.1pips

EUR JPY -8.7 pips

5 trades = 3 win 2 lose = 21.1pips

today I trade around 128.80~ 129.10 to aim "buy on dip",  

nowadays, for most of currency's case, when price drops at .00 like 129.00 today, 

it dropped to .80~.89, so if I make sure that trend drops at .80 ~, and it rises at 90, it is possible "buy on dip" position up to 30 pips. so I have buy order at 128.90~99, and I have sell order at 129.10. 

and if it drops after that, it is possible to be "30pips range", so next I have sell order each 10 pips, but you can aim 30pips, not 10 pips, I just aim 10 pips in this case. 

possibility is possibility, so it might be 10% or 90%, I think this one is high possibility one. :) 

However, do not forget "risk management" as i said, say, am gonna say 100 times, today I made loss cut twice in raw, so I stop trade for risk management, and that's fine trade today, BUT actually I really think I should stopped trade at first loss cut today! >_< because this is better way for me to manage risk. It is more important to save - pips everyday for my trade. :) 

12/8

EUR JPY 2 trades 1 Win 1 Lose +13pips
when trend breaks EUR, it goes 30 pips more ususally,
I make limit 20 pips, but you can aim near +30 pips.
but do not forget risk management is more important,
In my opinion, we do not need 100 pips per day.
10 pips is enough if I could avoid critical draw down to aim over 100 pips. :)

trade on 12/07

EUR/JPY +20 pips
EUR/JPY -7 pips

today's trade = 1 Win 1 Lose = + 13 pips

USD?JPY?

I just wondered whether Japan is gonna sell US Bond or not,
first of all, they could sell US Bond with such a pressure.
US dollar worth will be less than now, and it is natural to prepare for selling bond,
leader and government were changed, they could do stuffs former government did not.
 .
 selling bond　→　interest rate up　→ strong　USD, and export stock slump →　more depression

Investors lost interests in Japan, JPY will be weaker itself, it does not matter for strong USD or not. It is time that it is difficult for Japan to spend bond themselves. they have to sell their own capital now, if they cannot, they cannot earn from bond with low interest rate, if it happens, payment of interest will be more 25% of tax income. They cannot expect more tax, but they would have more payment, in this case, Japanese bond would be close out.

but, in fact, if other countries like china just export all stuffs to US, nothing is gonna be sold in US market, so if other countries never buy bond, all counties exporting to US are gonna be bankrupt. and we know why china buy US bond.

I think Japan cannot sell bond, they have to be patient with pressure, if they sell, they are gonna sell after China might sell first. Although we never know when China bubble gonna burst or not in the future.

Trade in this week, 11/30 to 12/4:

Trade in this week, 11/30 to 12/4:

profit: 131.2 pips

11 Wins

10 Loses

+187.2pips

-56pips

This week profit:

JPY ￥1,023,593 JPY＝１Yen

USD ＄11,322　USD=90.49Yen

EUR　€7,619　EUR=134.332Yen

12/4 +37.2pips 2 Win 0 Lose +37.2 pips - 0 pips

12/3 +23pips 2w 1l +30 -7

12/2 +13pips 1w 1l +20 -7

12/1 +30pips 4wins 7loses +65 -35

11/30 +28pips 2w 1l 35pips -7pips

I was lucky that market have been rally so simply that I could take profit. :)
However, you  know it does not matter for me how much pips I have got during week.
It does matter for me how much I cut my loss,
I could cut my loss less than 10 pips for all trade.
100 pips per week is so enough, 50 pips is just enough for me.
It means you do not have to get 100 pips per day,
if you could get 10 pips per day, you could be millionaire. :)
Next week would be my final week for trading in this year,
I will take winter vacation from 12th to next year for one month.
For us, Day Traders, Private Investors, it is better not to trade for Christmas Season if you do not have budget like HF. :(
Let's take vacation! we, Day Traders, do have FREE TIME we can spend anytime in our life!
Good luck for your trade. And have a nice weekend.:)

Free time ::: http://en.wiktionary.org/wiki/free_time

trade 12.4

EUR JPY +22.2pips
GBP USD +15pips

today pips = +37.2 pips

how to trade during Index: like unemployment rate and non farm employment change
1. set order without limit
2. set stop (less than -10pips is better)
3. see the 1mins candle chart with BB
4. set trail 10 pips to 15 pips
4. entry if price cross  BB +-2α and +-3α,
5. .take profit when its candle changed or follow your trail  .
6. if you want more profit, entry when above candle change again and follow your trail.
7. do not forget set stop, risk management is the most important for this case too.

it is like playing game, it is better to trade like game for index. :)

trade on 12/3

GBP JPY +15pip
EUR JPY +15pip
USD JPY -7Pip

+23pips today

trade 12/2

EUR JPY Long +20
USD JPY　Long -7

Total 1W-1L 13pips

I get tired to write blog,,, I thought I would quit within  3days, but i still keep writing, :)

I want to trade more today, but I better stop now, because today I thought it is better to have short position,,, but now it has been up,,, In my experience, I better stop here, don't forget 10 pips enough for one day, huge pips has huge draw down usually, most important thing for trading. is risk management, i could say that 100 times. Risk management is the result in my trading record.

I just check rate and trend rest of today's market. good luck for trade. :)

today's strategy

USD JPY
Short  87.20-40
Limit   86.30-60
Stop   87.60-80

EUR JPY
Short 131.20-40
Limit 130.00-20
Stop 131.80-132.00

today's trade

I did not know what happened just after I cut my loss at 15:38. It dropped 100 pips.
if Bank of Japan intervention would be 10,000,000,000,000 yen,
it used to be 200,000,000,000,000 Yen before.

and Shirakawa's announce will be 17:00, 1hrs late, AUD index is also less than expected, maybe he is thinking again.

I done today's trade after I loss cut, let's see 17'o'clock at Tokyo time..

My trade is Day Trade or Scalping Trade after thanks giving, it is more difficult to forecast rate during market in the end of the year

 
today's trade:

EUR JPY  -8.6pips
EUR JPY  20pips
CHF JPY   15pips
EUR JPY   15 pips
NZD JPY   -7pips
USD JPY   -7pips
CAD JPY  15pips
GBP JPY   -7pips
EUR JPY   -2.2 pips
EUR JPY   -1.4 pips
EUR JPY   -1.8 pips

11 trades ( 4 wins 7 loses)
65pips - 35 pips = + 30 pips

.

 

Strong Yen

it is better to say Weakness of USD, Yen is strong now,
but in Japan people have negative image for strong Yen.
So public opinion do not prefer Strong Yen.

but,,, let's image if we are government, Japan does not have resources in their country, so they need to import, now is strong yen, it is great chance to buy resources from abroad. why don't they get resources now, I think they already start to buy resources, nowadays what they want in these years,, they do want Rear Metal. It is chance to buy resources they really wanted. 

As we know, Japan is country to have bad image for strong yen, but we know people have no sense of economic, that's why most of people try to be employees in Japan no matter it is kinda worst working environment in advance countries of the world  So they do not even have particular reason to hate strong yen, just they have experienced strong yen time every time when economic is depression. Most of people believe Japan has bauble in 80's because employees work so hard to sacrifice life time, but sorry that's not reason. Anyway whatever reason,people hate strong yen.

So government comments negative stuffs and never admire strong yen for public opinion, people believe export industry like car industry damages and affect normal people's life,  but all 120 million population people belong to Car company? and Toyota, Honda, Nissan, etc, have experience strong yen, it was USD/JPY=300 in 70's. it was USD/JPY = 180 during good year end of 80's to early 90's. and now it is USD/JPY = 80. Major company never learn about foreign exchange for 30 years? they do learn and prepare. Anyway negative comment and news about strong yen are so extreme, As the result, JPY/USD is back from 100 to 85 in half year.

Although I think weakness of USD is main reason, we don't need to take government comment and news, we should see YEN tectonically on chat or See Yen compared with USD. During fake rise from comment and news, it is time to buy rear metal, there is no material that Nikkei is up, only Nikkei is up because of NY Dow, China recovers from depression first in the world, if you like to buy Japan, let's see Chinese market first.