the only thing i edited was i gave a heads up to next days trades at bottom of that post

the key to the mint

if you say so but we ended up with conflicting signals based on the lwma indicator some one made as well as your moving average but thats ok the purpose is for everyone to be trading in the direction of the daily chart

the key to the mint

yes i am short also i was able to grab 20 on gbpusd earlier there was no signal on gbpjpy you guys that made that wma indicator i use 2 ema 5 of close and 8 of open thats why we have conflicting signals

the key to the mint

always wait for the close of 1hr candle and if all indicators are lined up in the direction of the daily trend then you enter at the market

the key to the mint

no signals after this candle

the key to the mint

i am waiting till close of this candle to assess the indicators

the key to the mint

i have a down signal on eurjpy and gbpjpy and a buy for gbpusd

the key to the mint

i will say again the key to the mint is trading in the direction of the daily trendand even more than that money management. you can be right 8 out of 10 and still lose money if there isnt a money management in place. i am trying to understand the ...

the key to the mint

well well well what about stops i thought i mentioned it. i put in a 50 pip stop on gbpy incase there is a sudden event otherwise its when one of the indicators changes. most of the time i have signals on 2 currencies so i am looking to get 50 + ...

the key to the mint

oh well no damage but this was to show the simpilicity of trading this way on a regualr day i would still be even though the stoc is so oversold on daily i would have to watch it carefully

the key to the mint

i got in at 61 i have moved stop to be only because i dont trade on day after thanksgiving and its getting late in session so its a free ride

the key to the mint

by the way there was a gbpjpy signal yesterday for a down today here are 2 more charts so you can see the set up

the key to the mint

on this trade its the high of the candle i entered on which is 30 pips gbpjpy usually same thing or 50 as a safe guard these currencies flucuate quite a bit so dont let that rattle you

the key to the mint

i normally dont trade on day after thanksgiving but was bored also the stoc is very down on daily chart but a signal is a signal here are 2 charts to see a live setup

the key to the mint

those entries are correct on 1 hr chart but was there a signal on daily chart for all those pairs if not thats a single frame indicator trade with no direction from larger timeframe to find mondays trade you look at daily on friday

the key to the mint

i personally dont trade chf i use but the 4 pairs that i use seem to move the most especially gbpjpy thats my personal key to the mint

the key to the mint

this is correct. let me say this the emas are the initial trend direction the rsi determends the strength and the stoc shows us the cycles within the trading day so when looking for a sell and indicators are pointing long we are in essence waiting ...

the key to the mint

frank thats right if todays daily candle when it closes and all 3 indicators show sell then tomorrow we look for only shorts. those 2 charts show just that there was a short but there was no short signal so no trade even though it looked like a good ...

the key to the mint

the reason i drop to 1 hr is same reason i look on daily charts to confirm direction and enter on 1 hr charts. the 1 hr in my opinion is less noisy and a clearer picture smaller time frames show trends within trends and it could become a little ...

the key to the mint

first off puncuation means nothing if you are making money lol. i have a daily goal of trying to accumilate 30-50 pips sometimes i have trades on more than one of the 4 currencies i trade my stop generally depends on which one of the 4 i trade ...

the key to the mint