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xxDavidxSxx replied Nov 2, 20051 more thing on the 7/10 system. When I put the ma's in the chart with the price it crosses different. When I put them in a seperate window like on the posted chart they work out better for some reason. They look to be ok either way just better in ...
My trades by Dave
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xxDavidxSxx replied Nov 2, 2005Well looks like it happened. ....pull back then rally up . My s/l recomendation was off though. That 7/10 cross over on the other hand is working out great. The blue arrow for buy is right about 1.2010. The exit befor that was 1.2090 so I woulda put ...
My trades by Dave
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xxDavidxSxx replied Nov 1, 2005Check this out.. I found a system that filtered that long consilidation and look at the acuracy on entry/exits. All it is, is 7 EMA and 10 SMA crossover. 1 hr chart If I would have used this simple system past few days I would have banked. I will ...
My trades by Dave
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xxDavidxSxx replied Nov 1, 2005Here is what I got on JPY..4 hr chart I got 2 dynamic trend lines and still a 3rd one needed befor a pullback. RSI/Stochs have lots of room to move up still. Dave
My trades by Dave
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xxDavidxSxx replied Nov 1, 2005Here is 5 min chart on short trade if long isn't triggered. A break of bottom trend line targets bottom 30 min trend line for exit. Those are also good to wach for entry. Dave
My trades by Dave
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xxDavidxSxx replied Nov 1, 2005If long trade triggers I need a s/l below bottom trend line. Reaching that high over the break should increase odds that bottom trend line will hold and it will target the top trend line. Would be nice to see a rally streight to top but not likely. ...
My trades by Dave
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xxDavidxSxx replied Nov 1, 2005Short entry 1.2035 s/l reverse: 1.2048 target open reverse long s/l is 1.2000 Target top trend line. Could be a double top if don't break 1.2040 or a wave 5 to top trend line. Dave edit: I expect it to go up but If not I got prime short position. ...
My trades by Dave
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xxDavidxSxx replied Nov 1, 2005Nice use of dynamic trend lines. I find they work well. The lesson I learned is trust my first instinct. And wait till late to trade.
: Too much time in consilidation will drive me nuts and cloud my judgement with false signals no matter the ...My trades by Dave
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xxDavidxSxx replied Nov 1, 2005good job Bea My origonal long from 1.1974 on eur would have payed off 40 pips if I would have held it. I am not going to trade aisa any more, thats what messed me up. False signals during consilidation. Past few months there would be a move between ...
My trades by Dave
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xxDavidxSxx replied Nov 1, 2005I use fxcm broker. I also use fxstreet.com chart along with fxcm power chart. fxcm delays there price movement. If you use fxcm i suggest using another source of charts in addition to theres. Dave
My trades by Dave
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xxDavidxSxx replied Oct 31, 2005Using RSI trend line cross for a signal as to wich way it will break out of consilidation. Stochs just crossed to down side too. Again small targets. look for a false break out top side to enter a short. Dave
My trades by Dave
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xxDavidxSxx replied Oct 31, 2005Asia trading is nonexsistant past few days. I might flip my schedual and sleep from 6pm EDT to 2 am EDT.
sell signal on RSI and stoch 30 min chart. Should be good I am sidelining it my self. (mental trade.) Make any targets small...15-20 ...My trades by Dave
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xxDavidxSxx replied Oct 31, 2005Thanks...glad you could join. I hope I can live up to the expectations I have established over the past month. Dave
My trades by Dave
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xxDavidxSxx replied Oct 31, 2005PT: - 21 pips my s/l had trailed up and just got hit.....good! Now I can stop sweating it and make a more comfortable trade at a later time. Dave
My trades by Dave
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xxDavidxSxx replied Oct 31, 2005USD/CHF looks to have a double top inplace on dailys USD/JPY looks in need of a corrective retrace on 4 hr-daily EUR/USD looks like it could do anything Daily pivot is at 1.2014 I might pull out at or near break even and wait it out. I'd rather wait ...
My trades by Dave
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xxDavidxSxx replied Oct 31, 2005Yea absoultly....I been waiting a long time for this to reach one of the trend lines again. Weather long or short this trade has gone nowhere. Normaly I'd go short on a break of the trend line but that currently isn't realiable as you can see. The ...
My trades by Dave
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xxDavidxSxx replied Oct 31, 2005I expect a retest of the lows so an entry near 1.1975 is recomended with same s/l. I am on lunch and cann't wach to see if it dips that far again. Dave
My trades by Dave