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- harold4x replied May 22, 2008
i dont use odl i use rjofx i just use odl to post charts
the key to the mint
- harold4x replied May 22, 2008
hi lazy i determine trend by the 5 and 8 cross and only the rsi crossing in same direction i pay no attention to the candle as for the eurjpy trade there was no other 123 setup before that one also when price breaks the 2 point the indicators must ...
the key to the mint
- harold4x replied May 22, 2008
what about the roman greco affair was that you? i will check out the time elemet to see if it helps
the key to the mint
- harold4x replied May 22, 2008
no they are not let take todays trade with eurjpy the # 2 point is 162.44 and the # 3 point is 162.30 so we are looking to go long. our entry is 162.45/48 ( dont forget to include spread for the target) our stop is 1 pip below point #3 which would ...
the key to the mint
- harold4x replied May 22, 2008
finally joel we get a win together 10 wins 3 losses in last 13 trades
the key to the mint
- harold4x replied May 21, 2008
the answer to question 1 i thought i explained it the principle is buy low and sell high. so if we have an up day we look at prevoius day and if price went up draw a fib from bottom to top and when price comes back thats when you look for 123's to ...
the key to the mint
- harold4x replied May 21, 2008
well sometimes its better to be lucky than good i put trade on last night eurjpy and it was a loser i decided to stay awake to 2 am the lastest to see if the eurjpy or audjpy would setup since the others we not even close to setting up and the ...
the key to the mint
- harold4x replied May 20, 2008
When Daily Says Its An Up Day And Previous Day Price Was Down We Dont Need A Fib Since We Want To Buy Low And Sell High In The Case Of The Eurusd Trade Price Was Already Down So At 00 Gmt Time We Look For 123's On 5 Min Chart
the key to the mint
- harold4x replied May 20, 2008
dont know where eveyone went noone in traderoom last night o well threads coming to end as expected here was a trade i put on last night
the key to the mint
- harold4x replied May 19, 2008
took eurjpy got stopped out by 1 pip 7 wins 2 losses in last nine
the key to the mint
- harold4x replied May 18, 2008
the win loss is running this via backtesting at 80% over the last 8 trades 7 wins 1 loss the reason i altered it was during a trade in janurary i think i entered and it turned against me but i for some reason had up a 15 min chart and saw why the ...
the key to the mint
- harold4x replied May 16, 2008
i thought i would update the method here. we still get daily trend for next day by seeing the closed daily candle and seeing the cross of 5 ema and 8 ema(open) and seeing if 13 rsi is crossed in same direction. once that is determined we look for ...
the key to the mint
- harold4x replied May 16, 2008
tmac read my posts from may 6 on i posted 6 winners the 1 loss i had i did in trading room and shouldnt have put trade on news came out at 9 pm for aud and i didnt know
the key to the mint
- harold4x replied May 15, 2008
unfortunatley noone in room and i put on trade and it won thats 7 wins 1 loss in last 8 trades all 3% wins + 18%
the key to the mint
- harold4x replied May 14, 2008
we are using 5 minute charts for entry see this chart of what we do before we go to 5 minute chart
the key to the mint
- harold4x replied May 13, 2008
ok here it goes no i am using 5 5 3 for zig zag and as i have said before its just for visual and nothing more. we still get trend direction off daily chart. we then go to 15 minute chart and lets saytrend is down and the previous day price moved ...
the key to the mint