12-04-2006, 07:27 AM
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Member
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Join Date: Jun 2006
Posts: 97
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Hallo everybody'
at my last posts 12,18 & 19 i wanted to explain an idea for a system that depends on stochstic oscillator compined with Andrew's pitchfork ,
our excel i mean the point of power here was that we've plan B which protects us at failure ,
so what about giving plan C !!! yes & why not ,
the whole idea about C 's when failure of the pitchfork occur & and we 've to use B to cover the failure after covering stop trading this time frame & switch to higher on ok ,
very simple, just trade the coming opportunity on a the next higher time frame
for me i'll use timeframes at a relationship near 1:4 ratio , i mean if the small time frame was 15 min then i'll use 1 hr ( = 15 min * 4) ,
and if the smaller time frame was 1 hr then the higher one 'll be 4 hr ( = 1hr * 4)
i think it 's simple idea which i tested before and it worked so let's hope it 'll do at the future
so let's complete about our life example GBP ( i'll prefare just to watch this no real money for trading just watching )
in our live example for the GBP we traded the 1 hr time frame so we'll enter at the next sign for the 4hr time frame , so take a look at the pic
Last edited by kappari; 12-05-2006 at 05:30 PM.
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