Thread: ASCTrend system
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Old 07-04-2006, 08:54 AM
newdigital newdigital is offline
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It is fully described in this section http://www.forex-tsd.com/catfx50/ about how to use Fibo-Pivot so I will not repeat it.

Well.
We know that second rules are less risky but may be less profitable.
Do we have the other exit rules?
Yes.
At least 2 more:
3rd exit rules: FiboPivot exit rule (Live Charts Fib Pivots indicator); and
4th exit rules: Pivot exit rules (^Pivot_ResSup indicator).
But using these 3rd and 4th exit rules we may reduce the trades and we will not trade often.

But we may take into account these 3rd and 4th exit rules. Which way/ How to do it?
One example is with EURUSD and USDCHF now (see images).
Attached Images
File Type: gif eurusd_5.gif (29.9 KB, 555 views)
File Type: gif usdchf_5.gif (30.2 KB, 534 views)
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