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- harold4x replied Dec 11, 2007
fx pivots if you look at closed daily candle on ibfx and put data window on left and take crosshairs and put it on the candle you will see all indicators crossed. the reason i go for 30 to 50 is not trying to get 100% of move just 30 to 50% of given ...
the key to the mint
- harold4x replied Dec 11, 2007
ok here it is again my stoploss ranges from 30-40 pips i use the closed candle on the 1 hour chart that triggered my entry so if its a long i put stop 1 pip below that candle and if its a sell 1 pip above the high of that candle. now if the stop is ...
the key to the mint
- harold4x replied Dec 11, 2007
as long as you stick to that plan of the trade only thing left to do is trade the plan the interesting thing that people are aware of but experiencialy are not aware of is the price can go in 1 of 2 directions and the lure of the market is to try ...
the key to the mint
- harold4x replied Dec 11, 2007
if one doesnt know why he is putting on trades then he for all intentions is gambling and it was a good move to stop. this system there is a reason firstly we are attempting to trade with the daily trend and second rule is same as first trading with ...
the key to the mint
- harold4x replied Dec 11, 2007
i trade live for a living hopefully thats what you mean i start to put trades on with the close of the 600 gmt candle
the key to the mint
- harold4x replied Dec 11, 2007
ibfx doesnt have cadjpy down load a demo from northfinace they have it my broker has all the currency pairs from a-z
the key to the mint
- harold4x replied Dec 11, 2007
ok here are signals for tomorrow: short cadjpy long eurcad short gbpjpy the eurjpy has a signal on ibfx charts but my platform the emas have not crossed so personally i will not trade the eurjpy tomorrow
the key to the mint
- harold4x replied Dec 11, 2007
it never materialized thats it for today i will post signals tonite
the key to the mint
- harold4x replied Dec 11, 2007
interesting eurjpy is lining up for a buy signal at the close of this candle
the key to the mint
- harold4x replied Dec 11, 2007
well i looks like nothing else is going to happen today time to do other things see you guys later looks like we may have 4 signals tomorrow if nothing else happens
the key to the mint
- harold4x replied Dec 11, 2007
as long as you got it now you will make money it really is that simple all 3 indicators must be going in same direction. thats why they are called indicators because they indicate what direction price might go
the key to the mint
- harold4x replied Dec 11, 2007
whats a ym? also look at chart i posted the pictures i post are for you guys to get a visual of the way to trade this very simple strategy look at them so you wont have to ask the same questions over and over again remember this if daily says its a ...
the key to the mint
- harold4x replied Dec 11, 2007
morning all got an alert last night was really groggy stumbled in put trade on and fell asleep in den on bed none the less a nice win on gbpjpy a nice setup. let me explain the indicators. as you will see from the chart i will post below both emas ...
the key to the mint
- harold4x replied Dec 10, 2007
scroll to top of page there is calendar well time to take a nap and wait for alert to wake me see you guys tomorrow
the key to the mint
- harold4x replied Dec 10, 2007
sure why not its just 3 basic indicators and since you know which direction your trading the night before you can put in long if emas rsi and stock cross and then put in stop and target and maybe a feature to reenter if you get kicked out of a trade ...
the key to the mint
- harold4x replied Dec 10, 2007
i mulled it over it just gives me another confirmation but it wont alter my decision process because i have had great success over the years with this. i have been through the tweaking periods with fib,elliot waves, pivots trendlines ,123, breakouts ...
the key to the mint
- harold4x replied Dec 10, 2007
again read post 1 all 3 indicators must be crossed to generate a signal for next day
the key to the mint
- harold4x replied Dec 10, 2007
it is tempting to put these trades on now with all indicators lined up on 1 hour charts but volitility is lower now than at 2 am est though sometimes there is a move at this time just that more often than not its very slow so i chose to stick to my ...
the key to the mint